Sarah Abdullah, Arab News
Story date: 2007-09-26 04:07:00
Added on: 2007-09-26 17:23:06
Arab News - The rumors were triggered when Saudi Arabia refused to cut interest rates following the US Federal Reserve’s decision. But for Saudi Arabia and other GCC states, holding on to the dollar peg has become a cause for concern across the Middle East with ...
Read more...
Related Stories:
-
Credit crisis forces emergency moves by Saudi and UAE (Reuters via Yahoo! UK & Ireland News)
Saudi Arabia slashed interest rates for an unprecedented third time since October and the United Arab Emirates intervened in a property merger...
2008-11-23 07:33:00 -
Saudi, Kuwait cut rates, UAE opts out for first time - Forbes
DUBAI/ABU DHABI, Oct 30 (Reuters) - Saudi Arabia joined Kuwait and Bahrain in lowering interest rates to ease credit conditions and underpin...
2008-10-30 08:25:00 -
AP Business NewsBrief at 12:31 p.m. EST
CNBC - ... and 4,200 jobs as it recorded a mammoth write-down for bad bets on the mortgage ... RIYADH, Saudi...
2008-01-15 09:28:00 -
The Construction Site Called Saudi Arabia (NYTimes.com via Yahoo! Finance)
In a massive city of steel at the edge of the Red Sea, Saudi Arabia is trying to move beyond oil...
2008-01-19 04:40:00 -
Shoura Council OKs mortgage law (Arab News)
JEDDAH: Saudi Arabia will soon have a full-fledged mortgage law as the consultative Shoura Council has passed the long-awaited law after completing...
2008-07-02 04:17:57 -
Mortgage system yet to be implemented in Saudi Arabia
Zawya.com - JEDDAH -- Saudi Arabia is yet to implement a mortgage system as homes are bought through conventional bank loans, which...
2007-09-17 12:11:00 -
Persian Gulf Shares Rise After Fed Cut; Amlak, Emaar Advance
Bloomberg - ... Gulf shares gained after five states, including Saudi Arabia and the United Arab Emirates, lowered interest rates following...
2008-02-03 03:14:00 -
Saudi Arabia Mortgage Finance Review by Dr A S Johan & Angus C K Pun
Best Syndication - Nowadays it is just the reverse.” A little over 44% of the aggregate stock of housing in Saudi Arabia,...
2007-09-27 05:53:00
