economy
Inflation would start to decelerate in June after reaching its maximum in May, Central Bank governor said
The country is heading towards more balanced and sustainable growth this year, says Finance Minister
The non-oil GDP stood at $340.3 billion, up 6.2 percent compared to 2022
Brent oil futures expiring in July dropped 0.3 percent to $81.61 per barrel
Open Finance is beneficial for both fintechs and their customers
The value of exports fell 10.9 percent year-over-year to $3.57 billion in March 2024
Brent oil futures for July delivery held steady at $83.61 per barrel
The growth in earnings is driven by 11 percent lending growth and a rising interest rate environment
The interest rate on repurchase operations (repo) with the OCB for these T-bills is 6.00 percent
The Kingdom's GDP is expected to expand by 2.3 percent in 2024 and accelerate to 5.8 percent in 2025, the report said
Brent crude oil futures expiring in July edged 0.1 percent lower to $83.04 per barrel
