Saudi Arabia
Central banks follow Fed with rate hikes
Several central banks have raised their policy rates in response to the Federal Reserve hike
Saudi sovereign wealth fund gets first-ever credit rating
Public Investment Fund prepares for bond issues and lending initiatives
Yemeni governor sacked as crisis worsens
Deputy governor also dismissed in fourth sacking since civil war began
Saudi Arabia gives $3 billion to Egyptian central bank
Donation is pandemic aid, and follows similar deposit with Pakistan central bank
Report accuses Georgieva of changing data under Chinese pressure
IMF head rejects allegations made by World Bank-commissioned independent report
FX market intervention key tool for emerging market economies
Central bank markets departments perform a wide range of different roles
Third parties often develop RTGS technology
Seventy-one percent of respondents said technology underpinning RTGS system was developed by a third party
Saudi Arabia to launch instant payment system in days
New system will go live following successful pilot with Saudi banks – Sama
New governor appointed at Saudi Central Bank
Fahad Almubarak returns for a second stint as governor of Sama
Saudis and UAE say shared CBDC is technically possible
“Project Aber” shows DLT can be used to upgrade cross-border payments, central banks say
Sama changes name again under new central bank law
Law change updates and clarifies central bank’s role and responsibilities
Sama launches polymer version of five-riyal banknote
New note will circulate alongside existing cotton banknotes
Sama injects $13 billion as banks prepare to reopen
Saudi central bank directs financial firms to “gradually return” to normal operations
Lebanese PM asks for IMF aid as dispute with central bank grows
Governor at centre of massive economic crisis appears to condemn PM’s words as “slander”
IMF and Yale provide data on virus responses
IMF site provides information on G20 country responses to virus
Sudanese government fires central bank board
Recently-appointed governor remains in post as new regime confronts economic crisis
Treasury systems initiative: Calypso Technology
Tech company secured important breakthroughs including with its Maps treasury operations system
People: Ghana’s Addison to lead IMF and World Bank board of governors
Addison to chair IMF/World Bank board; Saudi Arabia appoints new deputy governor; and more
Yemeni government appoints new central bank head
New appointee will be the fourth to hold the role since outbreak of civil war in 2015
Rate round-up: Fed triggers further global easing
Fed cut prompts flurry of action, with many central banks hinting at a more dovish stance
Four Gulf states cut rates following Fed decision
Bahrain, Qatar, Saudi Arabia and UAE have currencies pegged to US dollar
Saudi central bank fines 16 commercial lenders
Country’s largest banks fined in what may be part of crackdown on consumer finance abuses
The IFF China Report 2019
Insight and perspectives from the world's leaders, premier policy-makers and financiers
Vocalink and IBM to provide Saudi faster payments system
Instant payment system slated for launch at the end of 2020