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Topic: Saudi riyal


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  Saudi riyal - Wikipedia, the free encyclopedia
The riyal has been the currency of Saudi Arabia since the country came in to being and was the currency of Hejaz before Saudi Arabia was created.
The Hejaz riyal was initially equivalent to the Ottoman 20 qurush coin and was consequently divided into 20 qurush, each of 40 para.
The Saudi Arabian Monetary Agency (SAMA) issues banknotes in denominations of 1, 5, 10, 50, 100, and 500 riyals and coins in denominations of 5, 10, 25, 50 and 100 hallalahs.
en.wikipedia.org /wiki/Saudi_riyal   (413 words)

  
 Saudi riyal - Facts, Information, and Encyclopedia Reference article
The Saudi riyal (currency code SAR) is the official currency of Saudi Arabia.
The Saudi Arabian Monetary Agency (SAMA) issues banknotes in denominations of 1, 5, 10, 20, 50, 100, 200 and 500 riyals and coins in denominations of 5, 10, 25, 50 and 100 hallalahs.
The Bahraini dinar is pegged in turn to the riyal: one dinar is worth ten riyals.
www.startsurfing.com /encyclopedia/s/a/u/Saudi_riyal.html   (174 words)

  
 Saudi Aramco World : The Riyal: A Miracle In Money   (Site not responding. Last check: 2007-10-21)
The Kingdom's first detailed government budget—published in April, 1948—proved unworkable because the value of the Saudi riyal in which the budget was expressed was constantly changing in terms of the numerous foreign currencies which circulated widely in the country, and the values of these currencies were constantly changing in relation to one another.
Now the Saudi riyal is linked with other world currencies by an agreement with the IMF which fixes the par value of the riyal at 22.2 U.S. cents per riyal, or 4.50 riyals to the dollar, a rate which has remained unchanged since 1960.
Riyals are issued in the form of monetary agency notes valued at 1, 5, 10, 50 and 100 riyals.
www.saudiaramcoworld.com /issue/196901/the.riyal-a.miracle.in.money.htm   (5146 words)

  
 Encyclopedia :: encyclopedia : Saudi Arabia   (Site not responding. Last check: 2007-10-21)
It borders Jordan on the north, Iraq on the north and north-east, Kuwait, Qatar, Bahrain, and the United Arab Emirates on the east, Oman on the south and south-east, and Yemen on the south, with the Persian Gulf to its north-east and the Red Sea to its west.
The Basic Law adopted in 1992 declared that Saudi Arabia is a monarchy ruled by the sons and grandsons of the first king, Abd Al Aziz Al Saud, and that the Holy Qur'an is the constitution of the country, which is governed on the basis of Islamic law (Shari'a).
Saudi Arabia was a key player in the successful efforts of OPEC and other oil producing countries to raise the price of oil in 1999 to its highest level since the Gulf War by reducing production.
www.hallencyclopedia.com /Saudi_Arabia   (3864 words)

  
 RATE-EXCHANGE.org - Saudi Arabia Currency / Saudi Arabian Riyal
The riyal is the national currency of the Kingdom of Saudi Arabia, a Middle Eastern nation with a population of approximately 27 million.
Saudi Arabia is the world’s largest oil producer, and its Ghawar oil field is the largest known oil field on earth.
The Kingdom of Saudi Arabia was officially formed on September 22, 1932 from the unification of several independent provinces located on the Arabian peninsula.
rate-exchange.org /currency/saudi-arabian-riyal.cfm   (349 words)

  
 Saudi Arabian Riyal - Search Results - MSN Encarta
Saudi Arabian Riyal, monetary unit of Saudi Arabia.
The monetary unit of Saudi Arabia is the riyal of 100 halalah (3.75 riyal equalled US$1; early 2005).
Riyadh, capital city of Saudi Arabia and of Najd Province, located in an oasis in the east-central part of the country.
uk.encarta.msn.com /Saudi_Arabian_Riyal.html   (114 words)

  
 Qatari riyal - Wikipedia, the free encyclopedia
The Qatari riyal (currency code QAR) is the official currency of Qatar.
Qatar briefly adopted the Saudi riyal, then introduced the Qatar and Dubai riyal.
The Saudi riyal was worth 1.065 rupees, whilst the Qatar and Dubai riyal was equal to the rupee prior to its devaluation.
en.wikipedia.org /wiki/Qatari_riyal   (298 words)

  
 Saudi Arabian Monetary Agency
Saudi Arabia's strong fiscal and balance-of-payments position was reflected in the riyal's appreciation against the dollar.
Saudi Arabia, as a moderator, seeks to work for the greater good of the global economy, and believes that volatility in oil prices is neither in the interest of producers nor consumers.
This was followed by a decision of the Saudi cabinet number 168 dated November 30 1998 approving and adopting the executive rules that include the procedures and measures for the implementation of most provisions of the 1988 UN Convention.
www.sama-ksa.org /en/news/undated/special_feature.htm   (9181 words)

  
 SAMA Ensures Saudi Arabia's Fiscal Health, Summer 1997, Volume 14, Number 2
In 1960, SAMA introduced changes to the Saudi monetary system, making the riyal equal to 20 qirsh, rather than the 22 it was before, and dividing each qirsh into five halalahs, in effect placing Saudi currency on a decimal system that would greatly facilitate transactions.
Since then, the Saudi riyal has been one of the most solid and convertible currencies in the world and is currently 3.75 to the dollar.
Saudi Arabia's emphasis on development and commitment to realizing a growing role for the private sector in the national economy has granted SAMA another major responsibility, that of supervising the nation's banking system.
www.saudiembassy.net /publications/magsummer97/sama.htm   (1342 words)

  
 Riyal - Official Currency name of Qatar and Saudi Arabia   (Site not responding. Last check: 2007-10-21)
Therefore, the Saudi currency was initially at 22 qurush equal to 1 riyal unit.
Banknotes in circulation: 1, 5, 10, 50, 100, and 500 riyals
Banknotes in circulation: 1, 5, 10, 20, 50, 100, 200 and 500 riyals
www.monetary-unit.com /units/riyal.htm   (273 words)

  
 Saudi Arabia travel guide - Wikitravel   (Site not responding. Last check: 2007-10-21)
Saudi Arabia is a Middle Eastern country in Asia that occupies most of the Arabian peninsula and has both Persian Gulf and Red Sea coast lines.
Saudi Arabia is one of two countries named for their royal families, along with The Hashemite Kingdom of Jordan.
Saudi Arabia has the largest reserves of petroleum in the world (26% of the proved reserves), ranks as the largest exporter of petroleum, and plays a leading role in OPEC.
wikitravel.org /en/Saudi_Arabia   (2225 words)

  
 eBay - riyal saudi arabia, Coins World, Paper Money World items on eBay.com   (Site not responding. Last check: 2007-10-21)
Saudi Arabia 1 Riyal P-21 UNC (1) Digga
Saudi Arabia 1 Riyal 1984 P 21 UNC
Saudi Arabia AH1354 (1935) 1/4 Riyal UNC KM16
search-desc.ebay.com /search/search.dll?query=riyal+saudi+arabia&...   (459 words)

  
 Changes planned on the Saudi's riyal’s
Saudi Arabian Monetary Agency sources told Arab News that SAMA will make some special changes in the 500-riyal note to make them forgery proof.
Saudi banks are providing special training to their staff, especially those working at entry points on how to detect forged currencies.
Saudi Arabia imposes tough punishment on people involved in forging and promoting forged currencies in the Kingdom.
www.saudia-online.com /newsjun02/news27.shtml   (300 words)

  
 Saudi riyal, Saudi Arabia currency guide and exchange rates   (Site not responding. Last check: 2007-10-21)
Saudi Arabia officially uses the riyal as the local currency.
The Saudi Arabian riyal is fixed at a rate of 3.75 against the US currency.
On February 16th 2006, the Saudi riyal was valued at around 6.18 against Sterling.
www.investica.co.uk /sauditourist.htm   (208 words)

  
 Saudi Arabia's Riyal to follow China's Yuan Dollar Example?   (Site not responding. Last check: 2007-10-21)
RIYADH — China's revaluation of the yuan increases the possibility of  the re-alignment of the Saudi Riyal  to a weak U.S. dollar especially while trading links with Asia and Europe continue to grow.
Saudi Arabia and many Gulf countries have pegged their currency to the dollar for years. Weakness in recent years of the dollar and the growth in Asian and European imports have cut into the purchasing power of the Gulf countries, whose export earnings from oil are also denominated in dollars.
Taher has called for a managed float of the riyal against a basket of currencies, within a 5 percent band, arguing that costlier imports are partly responsible for pushing annual inflation up to 6 percent for the last two years.
www.middleeastforex.com /index.php?section=24   (394 words)

  
 SAFCO announces record 1.1 billion Saudi Riyal (SR) profits in 2005 | SAFCO
Saudi Basic Industries Corporation (SABIC) is the largest public company in the Middle East, ranked by market capitalization (more than US$ 150 billion), and one of the world's 10 largest petrochemicals manufacturers.
Headquartered in Riyadh, SABIC was founded in 1976 when the Saudi Arabian Government decided to use the hydrocarbon gases associated with its oil production as the principal feedstock for production of chemicals, polymers and fertilizers.
The Saudi Arabian Government owns 70% of SABIC shares with the remaining 30% held by private investors in Saudi Arabia and other Gulf Cooperation Council countries.
www.ameinfo.com /76034.html   (940 words)

  
 Calculator for Saudi Arabian Riyal (SAR) Currency Exchange Rate Conversion   (Site not responding. Last check: 2007-10-21)
Enter the amount to be converted in the box to the left of the currency and press the "convert" button.
The Saudi Arabian Riyal is the currency in Saudi Arabia (SA, SAU).
The Saudi Arabian Riyal is also known as the Saudi Arabian Rial.
coinmill.com /SAR_calculator.html   (332 words)

  
 Order Saudi Arabia Riyal from Onlinefx for next working day delivery
The import and export of local currencies is limited to 100,000 riyals.
The exchange of foreign currency in Saudi Arabia is quite straightforward and can be done at any bank or any money changer.
American Express, Diners club, Mastercard and VISA are all widely acceptable in Saudi Arabia, however it is advisable to check with your bank for merchant acceptibility and other services before you leave.
www.onlinefx.co.uk /fx/Stores/OnlineFX/saudiarabia.asp   (239 words)

  
 Guardian International Currency Saudi Arabia Riyal
The currency of Saudi Arabia is called the Riyal (pl. Riyals).
Riyal banknotes are issued in the following denominations: 1, 5, 10, 20, 50, 100, 200, and 500 Riyals.
Import and export of foreign currency is free except for Israel Sheqalim, which are forbidden.
www.guardianfx.com /information/mideast/saudi.html   (84 words)

  
 Amex (Saudi Arabia) Limited Launches Saudi Riyal Gold Credit Card - Zawya.com | Middle East Business News
This launch e move builds on the success of Bluethe Blue Card, which was the first Saudi Riyal-based credit card to be issued by Amex (Saudi Arabia) Limited in October last year.
Amex (Saudi Arabia) Limited is a highly customer-focused organization and constantly monitors and responds to changes in customer demands in order to provide products and services that meet the needs of the customers in the Kingdom with the same innovative spirit and dedication to service that are the hallmarks of the American Express brand worldwide.
The Saudi Investment Bank is a Saudi Arabian joint stock company established in 1976.
www.zawya.com /story.cfm/sidZAWYA20030506160557   (372 words)

  
 Amex (Saudi Arabia) Limited Launches Saudi Riyal Gold Credit Card | American Express (AMEX)
The New Saudi Riyal Gold Credit Card aims to complement and provide more local financial flexibility to the already existing dollar based prestigious American Express Gold Charge Card.
This launch builds on the success of Blue, which was the first Saudi Riyal-based credit card to be issued by Amex (Saudi Arabia) Limited in October last year.
Amex (Saudi Arabia) Limited was established in 1999 as a joint venture company equally owned by Amex (Middle East) E.C. and the Saudi Investment Bank.
www.ameinfo.com /23559.html   (702 words)

  
 Saudi Arabia Currency - ... - currencyexchange.packerstickets.be   (Site not responding. Last check: 2007-10-21)
Samoa San Marino Sao Tome and Principe Saudi Arabia Senegal Serbia and Montenegro Seychelles Sierra Leone...
Mecca, Saudi Arabia (ots/PRNewswire) - Future Entertainment Works (FEW) is building one of the world's largest and most advanced IP converged networks for the King Abdulaziz Endowment Project (KAEP) in the Holy City of Mecca, Saudi Arabia, based...
India's federal Cabinet approved the signing of the agreement with Saudi Arabia.
currencyexchange.packerstickets.be /.../saudi-arabia-currency.html   (385 words)

  
 Saudi Currency
The Saudi Riyal (SR) is the unit of currency in the Kingdom of Saudi Arabia.
Since July 1986, the Saudi Riyal has been pegged to the U.S. dollar with a fixed exchange rate of SR3.75 to U.S. Visit us at
The Saudi Network, Trade and business information and links to Saudi Arabia, Arabian Gulf and Middle East Area.
www.the-saudi.net /saudi-arabia/currency.htm   (124 words)

  
 Saudi Arabia - Banknotes.com - Saudi Arabian Currency Gallery - Banknotes of Saudi Arabia
Saudi Arabia - Banknotes.com - Saudi Arabian Currency Gallery - Banknotes of Saudi Arabia
50 Riyals (1983) (King Fahd, Mosque of Omar)
20 Riyals (2000) (King Abdul Aziz; Al Noor Mtn.) hologram
www.banknotes.com /sa.htm   (59 words)

  
 Positive Return Seen For Saudi Riyal Mutual Funds   (Site not responding. Last check: 2007-10-21)
While international stocks and bonds continued to report negative returns in the first quarter of this year in line with the global economic slowdown, local stocks and cash funds have shown positive returns, according to
The top-performing Saudi Riyal denominated fund was the SABB Saudi Equity Fund 1, which registered year-on-year growth of 44.1%, followed by SAMBA’s Musahim Fund with a yield of 27.4%.
These funds are open to international investors as well as Saudi investors.
www.mees.com /postedarticles/finance/saudi/a45n27b07.htm   (143 words)

  
 RatesFX - Saudi riyal, SAR, Exchange rate table
RatesFX - Saudi riyal, SAR, Exchange rate table
Foreign exchange rate data - Saudi riyal - SAR - Saudi Arabia
Saudi riyal, Thursday, July 6 2006, 16:00 EST DST (2006-07-06 20:00 UTC)
www.ratesfx.com /rates/rate-sar.html   (41 words)

  
 Sabic Announces 19.2 Billion Saudi Riyal (Sr) Record Profits In 2005 - SABIC Americas   (Site not responding. Last check: 2007-10-21)
Sabic Announces 19.2 Billion Saudi Riyal (Sr) Record Profits In 2005 - SABIC Americas
(Riyadh, 22 January 2006) Saudi Basic Industries Corporation (SABIC) reported a record 2005 net profit of SR 19.2 billion compared to SR 14.2 billion in 2004.
Mohamed Al-Mady, SABIC Vice Chairman and CEO said, “SABIC’s profits in 2005 were the highest ever reported, exceeding the previous record profits reported in 2004 by 35 percent.
www.sabicamericas.com /jan-26-2006   (310 words)

  
 Jeddah Hotels
Jeddah, Saudi Arabia Hotels, Resorts, Bed and Breakfasts, Motels
Jeddah - Saudi Arabia Lodging Accommodations - Hotels, Resorts, Bed and Breakfasts, Inns, Vacation Rentals, Motels, Lodges, Condos, Guest Ranches, Apartments, Cabins, Cottages, All-Suite Hotels in Jeddah - Saudi Arabia by Best Lodgings.
Make secure hotel, resort, bandb, inn, vacation rental, motel, lodge, condo, apartment, cabin, cottage, and all-suite hotel real-time online reservations at many of these lodgings to simplify your vacation travel.
www.bestlodging.com /cities/saudi-arabia-jeddah.shtml   (72 words)

  
 Buy Saudi Arabia Riyal TCs   (Site not responding. Last check: 2007-10-21)
You can buy Saudi Arabia Riyal TCs from buy-foreign-currency.com in the UK and we will deliver using special delivery to your door.
We provide excellent rates for Saudi Arabia Riyal TCs.
To order this and other currencies and travellers cheques please click on the link below.
www.buy-foreign-currency.com /currency/saudi_arabia_riyal_tcs.htm   (55 words)

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