Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi- SAMA's net foreign assets climb to SR2.717 trillion  Join our daily free Newsletter

MENAFN - Arab News - 29/04/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) The kingdom's m3 money supply growth accelerated to 13.6 percent year-on-year at the end of march the fastest rate since august 2013 from 13.2 percent in the previous month saudi arabian monetary agency (sama) data showed.

bank lending growth to the private sector rebounded to 12.8 percent in march from a two-year low of 12.2 percent in february.

sama's net foreign assets climbed to a record high of sr2.717 trillion (725 billion) in march up 9.2 percent from a year ago. it was the slowest rate of increase since february 2011.

in a recent report jadwa investment said saudi cpi inflation fell for the fourth consecutive month in march reaching 2.6 percent year-on-year (y-o-y) in march compared with 2.8 percent in february.

it said core inflation slightly increased on the back of higher prices of 'other expenses and services".

jadwa investment's inflation update for march 2014 said lower food price inflation was the main reason for the cpi decline while rental inflation picked up slightly to become the largest single contributor to headline inflation in march.

the report said negligible external price pressures due to lower commodity prices a strong dollar and subdued inflation among trading partners should offset any local inflationary pressures.

citing the central department of statistics and information (cdsi) jadwa investment said saudi arabia's inflation rate fell for the fourth consecutive month in march reaching 2.6 percent year-on-year compared with 2.8 percent in the previous month.

it said lower food price inflation was the main reason for the decline while rental inflation picked up slightly.


 






  MENA News Headlines
 Aug 20 2014 - UAE's Nakheel to repay all its USD2.15 billion debt to banksMENAFN
(MENAFN) Nakheel, the Dubai property developer, is planning to repay all of its bank debt amounting to USD2.15 billion as much as four years ahead of schedule, The Peninsula Qatar reported.The ...

 Aug 20 2014 - ASCOM geology picked to work on Suez projectMENAFN
(MENAFN) Egypt's ASCOM Geology and Mining Company has been chosen to work on a multi-billion dollar project which will expand the Suez Canal by building a new canal next to the original one, Gulf ...

 Aug 20 2014 - UAE'S Al Madina signs settlement deal for debtsMENAFN
(MENAFN) Al Madina for Finance and Investment announced it has signed a settlement deal to pays its debt to Global Investment House, Gulf News reported.The settlement deal states that Al Madina will ...

 Aug 20 2014 - Ex-minister in India refutes love child claimKhaleej Times
(MENAFN - Khaleej Times) A former federal minister has denied the allegation made by a 47-year-old Gujarat-based widow that he had tied the knot with her in 2005 and is the father of her 19-year-old ...

 Aug 20 2014 - Intensive exhaustive household survey stalls TelanganaKhaleej Times
(MENAFN - Khaleej Times) Nearly 400000 government employees teachers and student volunteers began the house-to-house survey at 7am in the city and at 8am in other parts of the state ...

 Aug 20 2014 - Surviving a typhoon in Leyte and rebuilding livesKhaleej Times
(MENAFN - Khaleej Times) Its not yet a year since the worlds most devastating storm reached landfall and while aid workers began pulling out last month recovery efforts are far from over.It has been ...

 Aug 20 2014 - Pakistan army urges talks as protesters await political showdownKhaleej Times
(MENAFN - Khaleej Times) Imran Khan the former cricket star and now chairman of the Pakistan Tehreek-i-Insaaf (PTI) and preacher Tahir Ul Qadri have led days of protests demanding the resignation of ...

 Aug 20 2014 - Yoga guru BKS Iyengar dies of kidney failureKhaleej Times
(MENAFN - Khaleej Times) Iyengar started his yoga school in 1973 in the western city of Pune developing a unique form of the practice that he said anyone could follow.BKS Iyengar the yoga guru who ...

 Aug 20 2014 - Japanese 111-year-old becomes oldest manKhaleej Times
(MENAFN - Khaleej Times) Sakari Momoi a former high school principal who was born on February 5 1903 received a certificate from Guinness World Records confirming the ...

 Aug 20 2014 - Robin Williams suicide not plannedKhaleej Times
(MENAFN - Khaleej Times) Confidante says actor was his usual self the day before Photo: AgenciesA confidante of Robin Williams says he did not plan his suicide.Tmz.com reports that the confidante of ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help