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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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Economy

Central Bank of Egypt keeps interest rates unchanged despite US hike

Follow-ups -eshrag News: RIYADH: Gulf Cooperation Council banks are returning to form after a strong first half of 2022, with…

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Economy

Inflation in Kingdom still within a reasonable rate, says central bank chief

Follow-ups -eshrag News: RIYADH: Al Rajhi Bank, the Kingdom’s largest valued lender, has announced increasing its ownership in Al Rajhi…

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Economy

Al Rajhi Bank increases stake in Al Rajhi Takaful to 35%

Follow-ups -eshrag News: RIYADH: Saudi Arabia’s main index declined in the first session of the week, amid cautious investor sentiment…

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Economy

Saudi PPP deal to enhance digital economy in MENA region: World Bank

Follow-ups -eshrag News: CAIRO: In a post-pandemic era, people have never been more aware of their wellness, including physical well-being and…

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Economy

Saudi National Bank completes issuance of $878m worth of sukuk

Follow-ups -eshrag News: Saudi Arabia partners with Google Cloud to ‘elevate’ women’s participation in AI sector  RIYADH: Saudi Arabia has…

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Economy

Oman’s OQ picks Bank of America and Bank Muscat for $800m gas pipeline IPO

Follow-ups -eshrag News: Thu, 2022-09-15 16:50 RIYADH: Oman energy company OQ has selected Bank of America and Bank Muscat to…

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Economy

State-backed digital bank Wio launches in UAE

Follow-ups -eshrag News: ID:  1663100393633569900 Tue, 2022-09-13 09:58 DUBAI: State-backed digital bank Wio announced on Tuesday it had launched in…

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