Tag: February

Saudi POS spending rises 4.5% to $3.8bn in late February: SAMA

RIYADH: Saudi Arabia’s point-of-sale spending rose 4.5 percent to SR14.5 billion ($3.8 billion) in the week ending Feb. 28, even as the number of transactions declined. According to the latest data from...

Saudi Arabia raises over $2bn in February sukuk sale: NDMC  

RIYADH: Saudi Arabia raised SR7.86 billion ($2.09 billion) from a domestic sukuk issuance in February, more than tripling January’s sale as the Kingdom accelerates...

UAE gross banking assets climb to $1.26tn in February

RIYADH: The UAE’s banking sector witnessed continued momentum in February, as key indicators of liquidity and credit expanded steadily. Gross banking assets, including bankers’ acceptances,...

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Saudi POS spending rises 4.5% to $3.8bn in late February: SAMA

RIYADH: Saudi Arabia’s point-of-sale spending rose 4.5 percent to SR14.5 billion ($3.8 billion)...

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Billionaire Deepinder Goyal raises $54 million for his new wearable startup Temple

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Saudi stocks plunge, other GCC markets set to open in negative territory

Analysts believe that investors will be gravitated towards defensive...