Banks in the Kingdom see net income rise 18% y-o-y in 2Q to SAR 23 bn
The performance was primarily led by key players, notably Al Rajhi Bank and SNB
Available in your choice of English or Arabic
The performance was primarily led by key players, notably Al Rajhi Bank and SNB
The slowdown was driven by lower price acceleration in housing, water, electricity, gas, and other fuels
Saudi Arabia’s total public debt is expected to close the year at around 30% of GDP
Insufficient demand and increased uncertainty are pushing a slowdown in investment
While output expanded in July, the pace of growth was the slowest in three-and-a-half years
The positive outlook persists despite emerging twin deficits, backed by a strong banking sector and hefty reserves
Saudi banks are expected to play larger role in the Kingdom’s financing
Non-oil revenue saw a modest rise, but falling oil receipts continued to pressure overall income
Something went wrong. Please refresh the page and/or try again.
Queue