Radio live 24 hours
TOP
List Widget
Max CPC
Domains yahoo $97.44
Domain name yahoo $79.81
Dc hair laser removal washington $68.91
Law lemon wisconsin $66.15
Hair removal washington dc $51.14
Domain registration yahoo $41.97
Benchmark lending $40.36
Domain yahoo $38.05
Yahoo web hosting $37.86
Hair laser removal virginia $37.29
Peritoneal mesothelioma $36.59
Ca lemon law $36.55
Best buy gift card $34.13
Adverse credit remortgage $31.10
Mesothelioma information $30.98
Law lemon ohio $29.77
Att call conference $29.34
Insurance medical temporary $29.10
Illinois law lemon $28.95
Mesothelioma symptoms $28.78
Angeles drug los rehab $28.51
Personal injury solicitor $28.26
Att go $28.23
Accident car florida lawyer $28.03
Google affiliate $27.11
At t wireless $27.11
100 home equity loan $26.31
Mcsa boot camp $26.28
Anti spam appliance $26.19
Adverse remortgage $26.17
Chicago hair laser removal $26.00
Att conference $25.98
At and t $25.84
Laser hair removal maryland $25.45
Mesothelioma $25.15
Buy gift card $24.88
Mesotheloma $24.80
Student loan consolidation program $24.52
California law lemon $24.45
Event management security $24.30
Canada personals yahoo $24.15
Orlando criminal attorney $24.15
Uk homeowner loans $23.78
Vioxx lawsuit $23.71
Mesothelioma $23.65
Compare life assurance $23.55
Criminal defense federal lawyer $23.34
American singles $23.29
Federal criminal defense attorney $23.09
Laser hair removal manhattan $23.07
Att prepaid wireless $23.03
Fortis health insurance temporary $23.00
Miami personal injury lawyer $22.93
Hair removal chicago $22.75
At and t cell phones $22.74
Refinance with bad credit $22.61
Malignant mesothelioma $22.47
Lease management software $22.45
Primary pulmonary hypertension $22.34
Miami personal injury attorney $22.27
Anti spam lotus notes $22.24
Life insurance quotes $22.23
Egg credit $21.91
Anti spam exchange server $21.80
Lemon law $21.77
Google adsense $21.67
Best consolidation loan student $21.67
Refinance with poor credit $21.63
Employee leasing $21.49
Student loan consolidation center $21.36
Buyer mortgage note $21.35
Federal student loan consolidation $21.34
Symptoms of mesothelioma $21.33
City hair laser new removal york $21.31
Att wireless com $21.20
San diego dui lawyer $21.15
Indiana law lemon $21.14
Structured settlement $21.05
Law lemon michigan $21.10
Angeles criminal defense los $20.80
Refinancing with poor credit $20.80
Home equity loan $20.64
Action class lawsuit vioxx $20.64
Term life assurance $20.49
E loan $20.47
Celebrex lawyer $20.46
Vasectomy reversal $20.37
Mortgage rates refinancing $20.36
Attorney law lemon $20.28
Consolidate student loans $20.28
Home equity loans $20.17
Mesothilioma $20.11
New york personal injury lawyer $19.99
Home equity loan rates $19.98
Auto insurance quotes $19.97
Georgia law lemon $19.93
Homeowner loans $19.90
Equity loan rates $19.73
Administration lease software $19.68
Egg credit card $19.63
Student consolidation loans $19.58
Microsoft anti spam $19.55
Mesothelioma prognosis $19.41
Second mortgages $19.29
21 auto century insurance $19.26
Employee florida leasing $19.25
Federal consolidation loan $19.21
Equity loan $19.17
Personal injury attorney colorado $19.14
Accident lawyer michigan $19.03
Refinancing with bad credit $19.02
Home equity line of credit rates $19.02
Federal consolidation $19.01
Non profit debt consolidation $18.96
Pay per click affiliate $18.95
City hair new removal york $18.86
Acid reflux disease diet $18.85
Refinance poor credit $18.77
Equity loans $18.75
Student loan consolidate $18.73
Consolidate loans $18.60
Secured loans $18.51
Criminal lawyer new york $18.49
Affiliate per click $18.43
Chicago personal injury lawyer $18.29
Los angeles dui lawyer $18.29
Att prepaid $18.19
Angeles criminal defense lawyer los $18.10
Critical illness insurance life $18.04
Irs lawyer tax $18.03
Laser hair removal new york $18.03
Comcast high speed $18.02
Personal yahoo $17.98
San diego dui attorney $17.78
Michigan personal injury $17.77
Automobile law lemon $17.73
Cheap insurance life term $17.66
Home loans refinancing $17.52
Consolidate college loans $17.51
Cheap life insurance $17.45
Vioxx law suit $17.38
Student loan refinance $17.32
Car hire alicante spain $17.30
Tax attorney $17.28
Refinancing my home $17.28
Criminal dallas lawyer $17.24
Line of credit home equity $17.24
Litigation vioxx $17.23
At and t phones $17.20
Criminal defense attorney los angeles $17.15
Commodity online trading $17.14
Home equity rates $17.13
Adsense $17.12
Law lemon mass $17.12
Equity home $17.11
Arizona law lemon $17.10
Child molestation attorney $17.09
Home line of credit $17.09
Alicante car rental spain $17.06
Attorney defense federal $17.03
San diego criminal attorney $17.02
Injury lawyer new york $16.79
Attorney injury new personal york $16.78
At and t mobile $16.77
Pleural mesothelioma $16.72
Augmentation breast diego san $16.61
Home equity poor credit $16.61
Health insurance temporary $16.60
Compensation mesothelioma $16.60
21st century insurance $16.60
Cheap insurance medical $16.52
Angeles criminal lawyer los $16.51
Low cost term life insurance $16.49
Home refinance loans $16.48
Eloan $16.45
Life insurance quote $16.44
Cheap life assurance $16.39
125 equity loan $16.33
Anti spam exchange $16.32
Credit equity home line $16.31
Att go phone $16.30
Dui florida lawyer $16.30
Hair removal new york $16.27
Merchant account international $16.14
Vioxx class action $16.11
125 home equity loan $16.10
Life insurance quote online $16.10
Consolidation loan $16.09
Equity line of credit $16.04
Carolina law lemon north $16.02
Equity rates $16.02
Direct home insurance line $15.87
Angeles attorney los tax $15.86
Credit home line $15.85
Term insurance $15.81
Auto insurances $15.81
Debtfreedirect $15.80
Refinance comparison $15.80
Acid reflux treatment $15.77
Bad credit mortgage refinance $15.77
College loan refinance $15.73
Saudi assets gain SR96 bn in Q1
12:04 AM // 0 comments // Unknown // Category: BusinessSaudi Arabia’s foreign assets swelled by SR96 billion (Dh94 billion) in the first quarter of 2011 due to high oil prices and output and experts said the surge showed the Gulf Kingdom is on track to achieve another large fiscal surplus.
The assets of the Saudi Arabia Monetary Agency (SAMA), the Gulf Kingdom’s central bank, soared to an all time high of SR2,154 billion (Dh2,132) billion at the end of March compared with SR2,057 billion (Dh2,0387 billion) at the end of 2011, SAMA said in its latest monthly bulletin.
Most of the increase was in deposits with banks abroad as they surged by around SR81 billion to SR495.2 billion from SR414 billion (Dh430 billion). Investment in foreign securities swelled by nearly SR19 billion to SR1,446 billion (Dh1,422 billion) from SR1,427 billion (Dh1,413 billion).
Following a sharp fall in late 1990s, SAMA’s assets began their rapid rise in the following years because of high oil prices and a surge in the country’s crude output. The year 2009 was an exception as they dipped by nearly SR130 billion due to a decline in oil prices and Saudi production.
In 2011, the assets leaped by about SR352 billion as a result of high oil prices and a sharp rise in the Kingdom’s crude output.
It was the biggest annual increase in the assets controlled by the Saudi Arabian Monetary Agency (SAMA) since 2008, when they rocketed by a whopping SR513 billion mainly because of a 50 per cent rise in crude prices that allowed the country to record its highest fiscal surplus of SR580 billion.
The increase last year was also more than double the assets growth of around SR135 billion through 2010, when they ended the year at SR1,705 billion compared with SR1,570 billion at the end of 2009.
A surge in oil prices to a record high average of $110 a barrel allied with a one million bpd increase in Saudi Arabia’s crude production to widen its fiscal surplus to nearly SR307 billion in 2011 from SR87 billion in 2010.
The current account of the largest Arab economy and the world’s oil powerhouse also shot up to $156 billion from $69 billion.
“Saudi Arabia assumed a fiscal surplus of SR12 billion in 2012 but the increase in SAMA’s assets shows the country is on track to achieve another massive surplus,” a Riyadh-based banker said.
Buoyed by strong oil prices, Saudi Arabia announced a record high budget of SR690 billion for 2012 and analysts expect actual spending to end the year much higher as was the case in previous years.
But according to the Riyadh-based Jadwa Investments, a projected tiny fiscal surplus of SR703 billion could balloon to SR392 billion at the end of the year due to an expected surge in revenue to SR1,149 billion through the year compared with a forecast SR703 billion.
The surge in the fiscal balance allowed Saudi Arabia, which controls over a fifth of the world’s recoverable oil deposits, to slash its public debt to its lowest level of SR136 billion since early 1990 from SR167 billion at the end of 2010 and as high as SR475 billion at the end of 2005. Jadwa expected the debt to dip further to nearly SR115 billion at the end of 2012.
wait
Related posts :
0 comments for this post
Leave a reply

.jpg)
.jpg)


.jpg)
.jpg)
.jpg)
.jpg)
.jpg)
.jpg)
.jpg)
.jpg)
.jpg)
.jpg)
.jpg)





Labels
Popular Posts
-
The Great Britain pound fell against the US dollar and the Japanese yen this week as growing concerns about the health of the UK economy red...
-
The Central Bank of the UAE announced today that a Joint Workshop between UAE and the United Kingdom regarding "Recovery of Proceeds of...
-
This Mother’s Day, thank mom for the gift of life by helping to ensure that other kids don’t receive it. Honestly, the only surprise is that...
-
Travelling long distance with kids can be stress-free – no really! That’s what a new survey of international airlines found out. The study, ...
-
The Taiwan dollar fluctuated today as the impact of the general negative sentiment on the Forex market battled with the influence of specula...
-
Miami Heat forward LeBron James was named on Saturday as the National Basketball Association's Most Valuable Player for the 2011-12 seas...
2008 - 2009 SimplexDesign. Content in my blog is licensed under a Creative Commons License.
- SimplexPro template designed by Simplex Design.
- Powered by Blogger.com.




