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Economy

Saudi largest lender SNB announces start of SR-denominated sukuk offering

Follow-ups -eshrag News: CAIRO: The Gulf region’s loan-to-deposit ratio fell by 160 basis points in the second quarter of 2022, due…

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Economy

Saudi largest lender SNB sees 59% profit jump to $2.4bn in H1

Follow-ups -eshrag News: RIYADH: As NEOM’s The Line designs have been revealed, the focus is now shifting to funding the…

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Economy

Kuwait Lender KFH to acquire Bahrain’s Ahli United for $12bn

Follow-ups -eshrag News: Zain Group boss is top Kuwait-based CEO on Forbes Middle East list of top executives LONDON: Forbes…

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Economy

Saudi lender Arab National Bank posts higher quarterly profit of $173m

Follow-ups -eshrag News: Author:  Tue, 2022-04-26 17:09 RIYADH: Saudi Arabia’s Arab National Bank has posted a 12 percent increase in…

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Economy

Dubai lender Emirates NBD posts 18% rise in Q1 profit

Follow-ups -eshrag News: RIYADH: Saudi Arabia’s main index opened higher in the last trading session of the week following a slight…

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Economy

Saudi lender Bank Albilad posts 25% growth in Q1 profit

Follow-ups -eshrag News: Egypt In-Focus —Suez signs $3bn green energy deal; IMF revises up growth outlook CAIRO: Egypt is setting…

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Economy

Shares in Saudi Arabia’s largest lender SNB hit record high

Follow-ups -eshrag News: US consumer inflation hits four decade high; World Bank cuts South Asia growth forecast  — Macro Snapshot RIYADH: The US consumer…

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Economy

Saudi lender Bank Albilad to increase its capital to $2.6bn

Follow-ups -eshrag News: Oil Updates — Crude prices up again; banks halt credit for Rosneft-backed Indian refiner RIYADH: Oil prices…

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Economy

Saudi biggest lender eyes acquisitions in Europe and Asia: Bloomberg

Follow-ups -eshrag News: Author:  Fri, 2022-02-25 12:46 RIYADH: Saudi National Bank has been studying potential purchases of financial institutions in…

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Economy

Saudi lender Arab National Bank profits up 5% to $581m in 2021

Follow-ups -eshrag News: Saudi sustainable innovation startup Okeanos selected for PepsiCo Accelerator program RIYADH: PepsiCo has announced Saudi-based Okeanos as…

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