Minister Fowzie has also said that the Kingdom of Saudi Arabia has helped Sri Lankan in good and bad times, and has reminded that Saudi Arabia funded 500 houses for tsunami victims at a cost of Saudi Riyal 2 million, and provided assistance worth
Saudi Arabian Riyal 75 million for the construction of an epilepsy and diagnosis hospital in Colombo, the first of its kind in Sri Lanka.
[ID:nLDE73O05L] ($1=3.750
Saudi Arabian Riyal) (Reporting by Marwa Rashad and Jason Benham, writing by Reem Shamseddine; editing by Reed Stevenson)
Summary: APICORP announced that its debut
Saudi Arabian Riyal (SAR) 2 billion bond was oversubscribed three times.
MANAMA: The Arab Petroleum Investments Corporation (Apicorp) is planning to issue a
Saudi Arabian riyal denominated benchmark-sized bond to raise funds for expanding the organisation's equity and loan portfolios.
The foreign currency which was
Saudi Arabian Riyal was seized under the reasonable belief that the same was being attempted to be smuggled out of India and hence had become liable for confiscation under provisions of the Customs Act 1962 read with FEMA, 2000, Patange said.
STR analysts also noted that key religious tourism source markets, including Egypt and Indonesia, are currently facing currency devaluations against the
Saudi Arabian riyal, making it less affordable for potential visitors from those nations to embark on pilgrimages.
Since early August 2015, the Saudi Arabian government has issued
Saudi Arabian riyal 35 billion ($9.3 billion, Dh34.1 billion) in local currency debt subscribed by public institutions, local banks, and non-bank Saudi financial institutions.