Riyadh is building a foreign reserve buffer, but with a different strategy. Rather than use its oil money, it's issuing bonds.

Saudi Arabia is set to provide 1.3 billion riyals ($347 million) to support Yemeni government employees' salaries and address ...

Saudi Arabia's budget deficit widened to 94.85 billion riyals ($25.28 billion) riyals in the fourth quarter of 2025, from 88.5 billion riyals in the previous quarter, the kingdom's finance ministry ...

[MOSCOW] Saudi Arabia’s fiscal deficit widened in the fourth quarter of 2025 to the highest level in five years, as lower oil prices put pressure on the kingdom’s finances. The government posted a ...

Saudi Arabia posted a budget deficit of 276 billion riyals for 2025, according to state media reports on Monday. The kingdom’s total revenues reached 1,111 bill ...

Saudi Arabia has announced a financial assistance package of 1.3 billion riyals, equivalent to $346.59 million, to support the Yemeni government. This aid is aimed at covering government employees' ...

Saudi Arabia is edging closer to a landmark in its financial history: a digital version of the riyal. Over the last two years Saudi Arabia’s central bank (SAMA) has moved from experimenting to joining ...

Asharq Al Awsat The history of the Saudi riyal is deeply intertwined with the evolution of the Saudi state, evolving from its early days as a fluctuating medium of exchange to its modern, regulated ...

ALULA — Saudi Central Bank (SAMA) Governor Ayman Al-Sayari affirmed that maintaining the peg of the Saudi riyal to the US dollar—supported by substantial foreign exchange reserves—has contributed to ...

Saudi Arabia will provide 1.3 billion riyals ($347 million) to cover Yemeni government employees' salaries and budget deficit, a Saudi official said on Wednesday.

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 ...

Bank AlJazira is set to issue Saudi Arabian riyal (SAR) denominated additional tier 1 (AT1) capital sukuk. The perpetual ...