Saudi finance

Latest news and articles about Saudi finance from NEX English

Saudi Central Bank Reserves Rise to 1.86 Trillion Riyals in March

The Saudi Central Bank (SAMA) recorded a significant increase in its reserves during March this year, reaching <strong>1.86 trillion Saudi Riyals</strong> (approximately <strong>$496 billion</strong>). This marks the highest level of reserves since February 2020.

Announce preliminary budget for 2025 with revenues and expenses

The Saudi Ministry of Finance has announced the preliminary budget for 2025, revealing expected expenses of <strong>1.285 billion riyals</strong> and revenues of <strong>1.184 billion riyals</strong>. These figures reflect the government's financial direction for the upcoming period.