The airline, part of a push to turn the kingdom into a logistics hub, would be in addition to state-owned Saudi Arabian Airlines, which has suffered losses for years
"The new report shows that drug markets have swiftly resumed operations after the initial disruption at the onset of the pandemic" last year, a statement by agency said.
The Fed's policy stance will likely not change until its Jackson Hole meeting in late August, leaving Treasury yields in a narrow trading range, analysts said.
The rate hike, widely expected, follows a similar increase by Hungary's central bank on Tuesday that was the first in the European Union in the aftermath of the pandemic.
The coronavirus pandemic has masked the economic dislocation caused by the referendum verdict, which backed severing five decades of integration with the European mainland.