Saudi Arabia

• Regulation

Pakistan says Islamic banking won't hit accords

Military ruler General Pervez Musharraf said on Feb. 12, 2001 that Pakistan's plans to introduce interest-free Islamic banking would not affect the country's international financial dealings and accords.A government statement quoted him as giving the…

• 12 Feb 2001

• FMI

Oman cenbank plans Electronic Fund Transfer system

Oman's central bank proposes to introduce Electronic Funds Transfer system to facilitate faster and accurate domestic inter-bank payments.

• 05 Dec 2000

• Regulation

SAMA introduces sliding brokerage fees

The Saudi Arabian Monetary Agency has introduced a new sliding scale of brokerage fees taking effect from 1 January 2001.

• 23 Nov 2000

Saudi Arabian Monetary Authority

The Saudi Arabian GDP expanded by 8.8% in nominal terms in 1999, amid strong oil prices since April last year, the central bank said in its annual report.

• 21 Nov 2000