A total of 17 candidates secured the All India Rank (AIR) 1 as per the final results while earlier the number was 67
“Authorities have stated that the kingdom has no investments in the affected Western banks and that Saudi bank deposits are safe as they are invested locally,” the Shoura said, allaying public fears. It referred to a statement made by Finance Minister Ibrahim Al-Assaf that the kingdom’s development projects would not be affected by the crisis and would be funded by its reserves and oil receipts. “The International Monetary Fund (IMF) has also stated that the impact of global depression, which will appear next year, will be limited on Gulf economies,” it added.
Abdul Rahman Al Zamil, a member of the council’s economic committee, meanwhile, suggested that the government spend SR100 billion on buying high-yield stocks to “rescue” the bourse. He urged the government to deploy emergency measures, such as buying into falling stocks or allowing share buybacks, to spare ordinary citizens losses from weeks of bourse declines. “Our government and financial authorities must take exceptional measures because the situation is exceptional. We are stuck in a crisis we did not start. Our economies are sound and all our firms are profitable,” he said.
A total of 17 candidates secured the All India Rank (AIR) 1 as per the final results while earlier the number was 67
Authority said the exercise will involve movement of military vehicles and urged residents to stay away from designated areas
'I am proud of you. This is going to be historic,' the former first lady told Harris in a live video call
The application will be operational from Thursday, August 1
Prices for affordable apartments in popular areas have witnessed a rise of up to eight per cent compared to the second half of 2023
Residents have been warned not to approach the area
The number of arrests in days of violence in the country passed the 2,500 mark in an AFP tally
This new store in Fujairah is the second of its kind in the UAE, following the successful launch of the small store concept in Al Wahda Mall in 2020