Tuesday 24 December 2024
 
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Saudi money supply growth eases again in July

Annual growth in Saudi money supply, an indicator of future inflation, eased for the second consecutive month to 20.85 percent in July from 21.34 per cent in June, the central bank said on Tuesday. M3, the broadest measure of money circula

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Sabic prices Islamic bond above Sibor

Sabic priced Islamic bonds worth up to $1.33 billion at 48 basis points above the three-month Saudi interbank offered rate (Sibor), as demand far outstripped supply. 'The book is strong, demand is way above the maximum limit set for the sa

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