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 ...

RIYADH — The Saudi Central Bank (SAMA) has introduced eight new rules for how the Saudi riyal (SAR) symbol should be used, aiming to give the currency a strong identity both in the Kingdom and abroad.

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 ...

LONDON & RIYADH, Saudi Arabia--(BUSINESS WIRE)-- Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today ...

Saudi Arabia’s riyal surged to a 21-year high against the dollar on Thursday as speculation the kingdom may ditch the currency’s peg to the dollar fuelled a frenzy of riyal buying. This pushed the ...