Arab News Headlines
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The Saudi Central Bank said today that it is hiking interest rates 25 basis points.The central bank said in a statement today that it is increasing the repo rate 25 basis points to 5.75 percent, and reverse repo by the same amount to 5.25 percent. The …
Qatar Central Bank (QCB) announced Wednesday a decision to raise the QCB Deposit Rate (QCBDR) by 25 basis points to 5.50%.In a statement on Wednesday, QCB also decided to raise the QCB Lending Rate (QCBLR) by 25 basis points to 6.00%. It also decided t…
Al Rayyan and Al Arabi reached the final of the Amir Volleyball Cup for the 2022-2023 season. The two teams played against Qatar and Police respectively on Wednesday at Aspire ladies gym, where all the matches of the tournament, which will end on May 6…
The US Federal Reserve hiked today interest rates 25 basis points to a level between 5-5.25 percent. It is the highest level of interest rates since 2007.The move comes as part of the Fed’s efforts to fight inflation in the US, which was at 5 percent i…
The Local Organizing Committee of AFC Asian Cup Qatar 2023, which is slated to be hosted by Qatar during the period from Jan. 12, 2024, to Feb. 10, 2024, convened its meeting at Qatar Football Association’s headquarters in Al Bidda Tower.President of Q…
His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, has sent a cable of congratulations to President Andrzej Duda of the Republic of Poland on the anniversary of his country’s Constitution Day.HRH the C…
Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud has sent a cable of congratulation to President Andrzej Duda of the Republic of Poland on the anniversary of his country’s Constitution Day.The Custodian of the Two Holy Mosques wished…
Prime Minister of Pakistan Muhammad Shehbaz Sharif has expressed his appreciation to the Kingdom of Saudi Arabia for facilitating operations of the safe evacuation of Pakistani citizens from Sudan.The Associated Press of Pakistan today said that the Pr…
The Saudi Central Bank (SAMA) seeks public consultation on the draft “Rules for Regulating Buy Now Pay Later (BNPL) Companies.” In the interest of transparency and wider participation, SAMA invites stakeholders and the public to provide suggestions and…
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