Category: Industry

SAMA Decision on Repo and Reverse Repo Rates

Riyadh: In light of global developments and in alignment with its objective of maintaining monetary stability, the Saudi Central Bank (SAMA) has decided to reduce the Repurchase Agreement (Repo) rate by 25 basis points to 4.25 percent, and to reduce t…

Hotel and Restaurant Supplies Expo 2025 Kicks Off in Jeddah

Jeddah: The Hotel and Restaurant Supplies Expo 2025, organized by the Jeddah Chamber, began yesterday at the Jeddah International Exhibition and Convention Center.

According to Saudi Press Agency, this exhibition highlights innovations in the hospi…