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An increase in US interest rates usually requires an increase in local interest rates or else the exchange rate becomes unstable. (Shutterstock)

October 24th, 2018 - 06:05 GMT

Saudi to Lock in US-Riyal Exchange Rate

The riyal is pegged at 3.75 to the dollar but the Saudi currency has come under pressure following the Jamal Khashoggi case.

The school year began in Damascus on Sept. 13 (AFP/File)

October 27th, 2017 - 05:00 GMT

This Month in Damascus: Complaints About ISIS-Like Textbooks and More

Al Bawaba

October 7th, 2015 - 10:09 GMT

Britain's halal airline looks to raise $50M in Gulf

Palestinian President Mahmoud Abbas said Wednesday that he had proof of Hamas' involvement in militant attacks in the Sinai peninsula (AFP/File)

November 13th, 2013 - 11:29 GMT

Abbas slams Hamas for their role in Sinai militant attacks

Adib Khair, center, with scriptwriter Claudia Marchalian, right, at a news conference for “Ruby” at MBC4 studios, last February.

January 16th, 2013 - 02:46 GMT

Stars pay tribute to the man behind the Arab world's Turkish soap craze

Al Bawaba

October 13th, 2009 - 03:46 GMT

Low Cost Airlines World MENA conference starts tomorrow

March 3rd, 2009 - 08:59 GMT

Arab region fast becoming “Next-Gen Aviation Centre of the World”

January 8th, 2009 - 07:59 GMT

Growth to continue: global and regional aviation experts still upbeat about industry

Al Bawaba

January 27th, 2008 - 10:38 GMT

Sama launches (Frequent Traveller) program with Free Tickets

Al Bawaba

January 14th, 2008 - 02:30 GMT

sama launches service to beirut, fares starting from sr 425

Al Bawaba

July 12th, 2007 - 09:56 GMT

SAMA takes off for Abha from Saturday

Al Bawaba

May 17th, 2006 - 01:48 GMT

Global : Saudi Arabia is able to keep inflation in check

Al Bawaba

February 26th, 2003 - 02:00 GMT

Al Rajhi licenses new anti-money laundering software from ACI Worldwide

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