The bank introduced a new mortgage product.
Spending cuts are shrinking a $98billion budget deficit.
The SAR7billion figure is smaller than many private economists have been estimating.
Court to study the flow of funds from HSBC's Swiss private bank to Spain's Banco Santander.
Average yields on Egypt's six-month and one-year treasury bills were mixed at auction on Thurs.
The transaction is expected to be of benchmark size, which usually means at least $500 million
Qatar National Bank planned to apply for an investment banking licence in Saudi Arabia.
Demand for business credit and personal loans in the UAE increased modestly in the January-March quarter
Kholifey said the central bank had an open policy on foreign banks seeking to open new branches in Saudi Arabia
Conditions in the Gulf’s personal finance market are often a good indication of the general health of regional economies