Saudi Arabia
Saudi Arabia’s Al-Mubarak tackles money laundering
Governor of Saudi Arabian Monetary Agency says preventing money laundering crimes and countering terrorism financing are high priorities for international society
Saudi Arabian reshuffle sees new governor appointed
Muhammad al-Jasser moved to government post; Fahd bin Abdullah al-Mubarak takes over as governor of the Saudi Arabian Monetary Agency
Organisation of Islamic Cooperation agrees to strengthen collaboration efforts
Central bank and monetary authority representatives gather in Kuala Lumpur to discuss place of Islamic finance in changing global financial system; reaffirm commitment to strengthening collaboration
Investors watch Saudi protests with interest
Sentiment in the bond markets has not been unduly affected by MENA tensions, but Saudi unrest could change that.
Sama's Al-Jasser on the role of SMEs
Saudi Arabian Monetary Agency governor Muhammad Al-Jasser points to importance of small and medium enterprises; calls for care and development of sector
IMF: dollar volatility influences Gulf risk premia
Fund study shows US inflation and consumption drive risk premia in Gulf Cooperation Council countries
Gulf markets integrated enough for monetary union
IMF economists’ work indicates stage set for single-currency project
Too early for global exit strategy - Saudi chief
Muhammad Al-Jasser, governor of Saudi Arabia’s central bank, cautions against a rushed withdrawal from expansionary measures
Plans for GCC central bank veer off track
Gulf states have yet to decide on the location of a regional central banking hub almost seven months after they were scheduled to announce the hub's site.
Saudi deputy replaces governor of 25 years
Muhammad Al-Jasser, the vice-governor at the Saudi Arabian Monetary Agency, will take charge of the central bank after 13 years in his current role.
Saudi announces half-a-point cut
The Saudi Arabian Monetary Agency, Saudi's central bank, reduced its repo rate from 3% to 2.5% on Tuesday.
Saudi cuts rates, boosts liquidity
The Saudi Arabian Monetary Agency made a fresh bid to boost the health of its ailing banking industry on Sunday.
Saudi Arabia's inflation challenge
Inflation in Saudi Arabia accelerated from 4.1% in 2007 to 11.1% in July 2008, posing challenges in the coordination between controlling inflation through monetary policy and enhancing economic growth through expansionary fiscal policies, said Hamad Al…
Saudi Arabian Monetary Agency - Annual Report 2008
Saudi Arabia's daily average oil output fell by 4.3% in 2007, the country's central bank says in its latest Annual Report.
Saudi soothes markets as Gulf liquidity woes mount
The Saudi Arabian Monetary Agency on Thursday became the third central bank in the Gulf this week to counter money-market fears of a liquidity shortage.
GCC to pick home for regional central bank
Gulf states involved in plans to create a regional central banking hub are to choose a location for the institution next week.
GCC inflation is imported
Inflation rates in trading partners are the main driver of price pressures in Saudi Arabia and Kuwait, finds a new paper from the International Monetary Fund.
Saudi governor confirms GCC currency plan changes
The Gulf Cooperation Council (GCC) looks set to drop its 2010 target for monetary union after the governor of the Saudi Arabian central bank said that it would take longer than two years to establish a common currency.
GCC governors back regional CB plans
Central bank governors in the gulf have taken a significant step towards monetary union, backing the creation of a regional central bank.
Fund warns Gulf countries on inflation
Gulf Cooperation Council (GCC) countries with currencies pegged to the greenback will face a tough battle against inflation, the International Monetary Fund said on Monday.
Saudi to set up $5.3 billion wealth fund
Saudi Arabia is in the final stages of launching its first sovereign wealth fund.
The BIS must become the global central bank
Last year's attempts at central bank coordination fell short, says Krzysztof Rybinski, a former deputy governor at the National Bank of Poland. A global forum is needed.
Gulf reserves set to top $2 trillion
If global oil prices remain high, foreign exchange reserves in the six Gulf Cooperation Council (GCC) countries will exceed $2 trillion by the end of this year.