RIYADH (Reuters) -Inflation in Saudi Arabia accelerated to 2.3% in June compared to the same month last year and was also up slightly from 2.2% in May, government data showed on Tuesday. Inflation has ...
DUBAI (Reuters) -Saudi Arabia's sovereign wealth fund's assets exceeded $1 trillion in 2024, but its net profit slumped 60% from a year earlier, it reported on Monday, hurt by high interest rates and ...
The Saudi riyal has been under considerable pressure as the price of oil has fallen. Forward prices for one and two years are at their weakest levels, suggesting the Saudi Arabian Monetary Agency ...