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Saudi stc Group Records Highest Six-Month Net Profit

Saudi Arabia’s telecom company, stc Group, announced on Sunday its highest-ever six-month revenues, reaching 38.66 billion ...
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Market pressures build on Saudi riyal but peg looks unbreakable

More recently, in 2008 when Brent peaked at around $147p/b, stoking inflation, Saudi Arabia was under pressure to revalue the riyal upwards. Andreas König, Pioneer Andreas König, head of FX, Europe at ...