RIYADH, Saudi Arabia--(BUSINESS WIRE)--The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, approved today, February 20, 2025, the Saudi riyal symbol; a historic move that will ...

Trading bets against the Saudi peg have jumped since the collapse in oil prices, despite the Kingdom’s sizeable FX reserves cushion. The Saudi riyal has been under considerable pressure as the price ...

Key Saudi project financings are rapidly moving ahead after long delays. This is largely because local banks are desperate to deploy riyal funding in more profitable ways as the benchmark interest ...