iPayLinks is aiming to build up the one-stop payment solution for the Middle East cross-border businesses
Network International reported earnings of $298mln last year, boosted by better-than-expected performance in Saudi Arabia
Saudi Investment Bank (SAIB) disclosed its interim financial results for the second quarter of 2019.
Global IPO exchange activity continued to pick up in Q2 2019, with 302 IPOs raising $56.8bln
Saudi British Bank (SABB) disclosed its interim financial results for the second quarter of 2019.
Credit Suisse has hired Khalid Al Ghamdi, currently managing director at Mizuho Saudi Arabia, as its new Saudi Arabia CEO, two sources close to the matter said.
Data shared will support both entities in the ongoing battle against money laundering and financial terrorism
Saudi Arabia’s bank deposits increased by 0.47%
Profit went down by 16.25% YoY in 6 months
The bank ascribed the increase in its profit to the increase in net income from investment and financial assets
Loans to the construction industry fell by over 10% in the first quarter
Many African nations are facing a funding gap which, if left unaddressed, could constrain future growth
Foreign funds and other types of security will still need to be approved within each UAE jurisdiction that they are promoted
The company appears to be making fewer direct investments but its fixed income assets have swelled