Weekly Market Brief – 5/19/2023
Saudi Arabia Macroeconomic Developments Saudi Arabia’s balance of trade increased for the first time in nine months by SAR6 billion...
Saudi Arabia Macroeconomic Developments Saudi Arabia’s balance of trade increased for the first time in nine months by SAR6 billion...
Saudi Arabia Macroeconomic Developments Saudi Arabia’s real gross domestic product grew by 3.9 percent YoY in the first quarter of...
Saudi Arabia Macroeconomic Developments Banks in Saudi Arabia reported an aggregate profit of SAR7.43 billion ($1.98 billion) in March, up...
Saudi Arabia Macroeconomic Developments Total bank claims on the private sector reached SAR2.4 trillion ($628 billion) in March, growing 1.4...
Saudi Arabia Macroeconomic Developments U.S. credit rating agency Fitch upgraded eight Saudi banks’ long-term issuer default ratings to “A-” from...
Saudi Arabia Macroeconomic Developments According to the General Authority for Statistics (GASTAT) Saudi Arabia’s inflation eased to 2.7 percent in...
Highlights from the Q4 2022 report include: The value of awarded contracts catapulted to SAR71.5 billion ($19.1 billion) during the...
Saudi Arabia Macroeconomic Developments Saudi Arabia’s Industrial Production Index rose 6 percent YoY in February, driven by high production in...
Saudi Arabia Macroeconomic Developments The Saudi Central Bank (SAMA) increased its investments in treasury bonds by SAR4.7 billion ($1.25 billion)...
Saudi Arabia Macroeconomic Developments The Saudi Central Bank (SAMA) increased interest rates by 25 basis points to 5.5 percent following...
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