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FINANCIAL NEWS
Annual gains of Saudi Arabia’s monetary system drop 9.7 percent
08 Jan 2014
(MENAFN) Saudi Arabia”s monetary system was affected by the rising oil prices, and the increasing production resulted in higher revenues, according to Arab News.
The monetary base (M0) recorded its annual shrinkage of 9.7 percent, reaching USD80.64 billion.
The National Commercial Bank (NCB) said that M0 also fell on a monthly basis by 0.9 percent.
More News
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Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
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BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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