The $15 billion merger that created Saudi National Bank is tipped to kick-start a cycle of consolidation in the Kingdom’s banking sector.
Saudi Arabia is open again— will it stay that way?
International flight reopening on 17 May as well as how Saudi Arabia’s vaccination efforts may just manage to keep borders open …
Saudi Arabia may build new airport in Riyadh amid tourism drive
RIYADH: Saudi Arabia is considering building an airport in Riyadh, to serve as a base for a new airline the kingdom’s sovereign wealth fund is looking to launch as it targets a vast increase in …
Saudi’s April oil exports more than double yr/yr to $13.8 billion
The value of Saudi Arabia’s oil exports in April climbed 109% to 51.7 billion riyals ($13.79 billion) from a year earlier while non-oil exports rose by 46.3%, official data showed on Thursday.
Indian fintech provider plans expansion into KSA, Oman
RIYADH: Indian financial technology (fintech) provider PayMate is planning to expand into Saudi Arabia and Oman after having recently launched into the region in the UAE. Mumbai-based PayMate, which …
Saudi Arabia grants digital banking licence to two firms
DUBAI: Saudi Arabia has granted digital banking licence to two firms as the use of finance technology spreads in the Middle East.
Oman offers $3.9bln investment opportunities to Saudi investors
Muscat: An official Omani delegation currently visiting Saudi Arabia rolled out around 150 investment opportunities worth an estimated RO 1.5 billion now available in the Sultanate in real estate …
Oman offers $3.9bln investment opportunities to Saudi investors
Muscat: An official Omani delegation currently visiting Saudi Arabia rolled out around 150 investment opportunities worth an estimated RO 1.5 billion now available in the Sultanate in real estate …
Engie in Saudi Arabia reaches commercial close on Jubail 3B IWP
Saudi Water Partnership Company (SWPC) has teamed up with a consortium led by French energy giant Engie for the commercial close of Jubail 3B Independent Water Project. The plant, being set up on a …
Saudi Arabia issues license for STC, Saudi digital banks
Cairo: Saudi Arabia’s finance minister has issued a license for STC bank and Saudi digital bank, both under establishment, the Saudi cabinet said in a statement on Tuesday. Get Breaking News Alerts …