INSEAD Day 4 - 728x90

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Salik profit slips in H1

The company said traffic recovery supported resilience.

Alpha Dhabi profit jumps 48%

AI and technology investments boost earnings.

Saudi central bank net foreign assets climb by $1.07bn in April

  • The kingdom's net foreign assets increased by 0.2 percent from SR1.63 trillion in March
  • Over the same period, the central bank's total assets fell by SR39.4 billion to SR1.85 trillion

The net foreign assets of Saudi central bank rose by SR4.0 billion ($1.07 billion) to SR1.63 trillion in April, according to the data published on the website of SAMA.

The kingdom’s net foreign assets increased by 0.2 percent from SR1.63 trillion in March.

Over the same period, the central bank’s total assets fell by SR39.4 billion to SR1.85 trillion. Central bank’s total assets fell 2.1 percent from SR1.88 trillion in March, according to SAMA data.