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Saudi news

The foreign assets of the Saudi Central Bank increased to 453 billion dollars

The monthly report of the Saudi Central Bank (SAMA) showed that foreign assets at the bank rose in November by…

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Economy

SABB wins ‘Best Private Bank’ for 2023

Follow-ups -eshrag News: Thu, 2022-12-29 12:25 RIYADH: The Saudi British Bank has been named “The Best Private Bank in Saudi…

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Saudi news

“Pharmaceutical” signs two credit facilities agreements with SABB Bank and Al Rajhi Bank

The Saudi Company for Pharmaceutical Industries and Medical Supplies “Pharmaceutical” announced the signing of a credit facilities agreement (compliant with…

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Economy

Egypt’s economic growth to decline to 4.5% in FY 2022-23: World Bank 

Follow-ups -eshrag News: Thu, 2022-12-22 14:47 RIYADH: Egypt’s economic growth is expected to decline to 4.5 percent in the fiscal…

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Economy

Developing nations at risk of debt crises as external borrowing to top $62bn: World Bank

Follow-ups -eshrag News: Closing Bell: Saudi bourse falls flat to seasonal year-end slowdown, closes at 10,323  RIYADH: Saudi Arabia’s Tadawul…

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Saudi news

“Sure Technology” renews credit facilities with “Arab National Bank” for 25 million riyals

Sure International Technology Company announced the signing of an agreement to renew the credit facilities (compliant with the provisions of…

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Saudi news

Alinma Bank recommends distributing 5% cash dividends for the second half

Today, Wednesday, Alinma Bank announced the Board of Directors’ recommendation to distribute cash dividends to shareholders for the second half…

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Economy

Saudi Social Development Bank allocates $3.5bn to freelancers and ‘productive’ families

Follow-ups -eshrag News: RIYADH: Saudi Arabia’s Social Development Bank has disbursed around SR13.2 billion ($3.5 billion) loans to freelancers and…

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Economy

Kuwait Central Bank appoints Sahar Al-Rumaih as its first female deputy governor 

Follow-ups -eshrag News: RIYADH: The US Federal Reserve’s most aggressive interest hikes since the 1980s have pulled several currencies across…

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Economy

ECB eyes blockchain for settling bank transactions, says official

Follow-ups -eshrag News: Mon, 2022-09-26 23:44 FRANKFURT: The European Central Bank is studying ways of settling transactions between banks on a…

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