A thriving capital market, one that not only brings investment funds into a country but also distributes profits in a transparent manner, is essential for any e

The book examines in depth, the centrality of the Saudi fixed currency regime to the US dollar, SAMA’s monetary tools, macro prudential policies and its super

Only recently, in 2003, did the Saudi Arabian legislator issue a capital market law and create a regulator vested with its enforcement. This recently-created re

First Published in 1997. Economic adjustment programs that combine macroeconomic stability and structural reforms are being implemented in several Arab countrie