Monday 23 December 2024
 
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M3

BMW to unveil new M3 Sedan, M4 Coupe

German automaker BMW is set to launch its new M3 Sedan and M4 Coupe, revealing a new interpretation of the high-performance sports cars. The ‘M4’ badge is a reference to the model series that provides the basis for the

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UAE's April money supply grows 2.1pc

Money supply in the UAE grew 2.1 per cent year-on-year at the end of last month, down from a 3.3 per cent rise in the previous month. M3, the broadest measure of money circulating in the economy and an indicator of future inflation, grew o

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Bahrain March money supply grows 8.5pc

Bahrain’s money supply grew 8.5 per cent year-on-year in March, after a 5.3 per cent increase the previous month, official data has showed. M3, the broadest measure of money circulation in the Bahraini economy, stood at BD8.75 billion ($23

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Saudi money supply growth slows to 5.6pc in Feb

The annual growth in Saudi Arabia's M3 money supply, an indicator of future inflation, slowed to 5.6 per cent in February from 8.3 per cent in January, central bank data showed on Wednesday. Bank claims on the private sector rose to SR742.

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Kuwait money supply growth up 13.1pc in Dec

Kuwaiti money supply growth (M3) accelerated to 13.1 per cent at the end of December, from 11.4 per cent in the previous month, data showed on Monday. M3, the broadest measure of money circulating in the economy, rose to KD24.89 billion ($

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Saudi annual M3 slowed to 11.3pc in Nov

The annual growth in Saudi Arabia's M3 money supply slowed to 11.3 per cent in November although a modest rise helped bank credit to jump to their highest level in at least 13 months, official data showed. Bank credits stood at SR723.4 bil

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Kuwait's July money supply growth falls to 18.9pc

Kuwaiti money supply growth fell to 18.86 per cent in July from 21.61 per cent in June, official data showed on Sunday. M3, the broadest measure of money circulating in the economy, rose to KD24.65 billion ($85.89 billion) on July 31, from

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Bahrain money supply growth falls to14pc

Bahraini money supply growth fell to 13.9 per cent in April, the slowest rate in more than two years, central bank data showed. M3, the broadest measure of money circulating in the economy, stood at BD7.98 billion ($21.17bn) on April 30 co

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Saudi money supply growth slows

Annual growth in Saudi Arabia's money supply fell for a third month in January to 13.87 percent from 17.65 percent in December despite recent aggressive interest rate cuts. The Saudi Arabian Monetary Agency's net foreign assets fell by ar

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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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