Article: Tadawul's five-week gaining streak snapped.

Article: NBO posts net profit of 45.4 million Omani riyals for ...
Gulf News (United Arab Emirates);  January 28, 2009 ;     619 words ... ... profit increased by 49 per cent to 54.3 million riyals compared with 36.4 million ... interest income grew by 16 per cent to 47.5 million riyals and non-interest income climbed by 69 per cent to 41 million riyals.Aa Aa The bank's asset ...

Article: Devaluation? Who needs it?(Business and Finance)(speculation ...
The Middle East;  January 1, 1999 ;     700+ words ... ... country's currency, the riyal, came under speculative attack ... motives for attacking the riyal were spurious and it prompts the question of why the riyal was under pressure in the ... climb from a minimal 1.1 per cent of GDP in 1997 to an unsustainable ...

Article: Hard talk to defend a hard riyal. (Saudi Arabian monetary ...
MEED Middle East Economic Digest;  March 11, 1994 ;     700+ words ... ... financial problems by devaluing the riyal. History was, perhaps, on ... valuation of $1=SR 3.75. Yet, riyal bears remained unconvinced ... 1994 that called for a 20 per cent cut in spending from planned ... cabinet that the value of the riyal would be maintained "without ...

Article: Chemanol launches 723.6m-riyal IPO.
Gulf News (United Arab Emirates);  August 11, 2008 ;     688 words ... ... 723.6 million Saudi riyal initial public offering ... representing 50 per cent of Chemanol's total ... share price will be of 12 riyals, including premium ... capital of 5.5 million riyals ($1.47 million ... will be 1.2 billion riyals ($320 million). Chemanol ...

Article: Cost of local-currency borrowing soars: regional banks review ...
MEED Middle East Economic Digest;  August 15, 2008 ;     700+ words ... ... markets. "The riyal is really difficult ... rate (Saibor) for riyals is now more expensive ... charging 3.92 per cent for three-month riyals, meaning the spread ... rate is 2.66 per cent. In contrast ... cent, meaning that riyal funding is now more ...

Article: Maaden share offer raises 6.3bn riyals.
Gulf Daily News (Manama, Bahrain);  July 7, 2008 ;     681 words ... ... public offering raised 6.32bn riyals in its first day, according ... 4.9bn, raised about 823m riyals from some 532,517 Saudi retail ... This) equates to 14 per cent coverage of the offering ... Maaden has secured 5.5bn riyals of funds for the IPO from institutional ...

Article: Firms refusing to accept riyal.
Gulf Daily News (Manama, Bahrain);  October 13, 2008 ;     334 words ... ... refusing to accept the Saudi riyal of small denominations (one riyal and 10 riyals) due to a drop in the Saudi ... Bahraini dinar. The Saudi riyal exchange rate against the ... dinar dropped by 0.5 per cent last week compared to the ...