Eyas AlDossari, the Head of Investment Banking for Saudi Arabia, is taking a job at Saudi Arabia’s Public Investment Fund (PIF). Eyas AlDossari joined Goldman Sachs in 2017 from HSBC’s Saudi Arabian …
Goldman’s Saudi Investment Bank Chief Said to Leave for PIF Role
Goldman Sachs Group Inc.’s head of investment banking for Saudi Arabia is leaving to join the kingdom’s sovereign wealth fund, according to people familiar with the matter, the latest in a string of …
COVID-19 and economic crisis have Jordan on the brink
Jordan received no financial aid from Saudi Arabia, and the International Monetary Fund demanded that it carry out reforms as a condition for receiving loans. In mid-2018, there were large …
Islamic FinTech is on the rise in Saudi Arabia, UAE and globally
Islamic fintech is a fast-growing segment of financial technology among Organisation of Islamic Cooperation (OIC) countries, with the UAE and Saudi Arabia leading in transaction volume and ecosystem …
Brazil, Saudi Arabia and Morocco ‘told of delay in Covid jabs from India’
Serum Institute cites Indian demand and capacity expansion for lack of AstraZeneca vaccine, source says …
Oil giant Saudi Aramco sees 2020 profits drop to $49 billion
Saudi Arabia’s state-backed oil giant Aramco says that its profits sharply fell in 2020 to $49 billion. The big drop came as the the coronavirus pandemic roiled global energy markets. Saudi Arabian …
Explained: Why Indian OMC’s are cutting crude imports from Saudi Arabia
State-owned oil marketing companies are set to cut crude oil imports from Saudi Arabia in response to sustained production cuts by the OPEC+ countries amid rising crude oil prices. We examine the …
UAE condemns Houthis’ attempted drone attack on Saudi Arabia’s Khamis Mushait
The UAE has strongly condemned and denounced the Iran-backed terrorist Houthi militia’s systematic attempt to target civilians and civil objects in Saudi Arabia’s city of Khamis Mushait with an …
Saudia Signs SR11.2 Billion Agreement with 6 Saudi Banks to Finance Program to Increase its Aircraft Fleet
The Saudi Arabian Airlines Corporation has signed a financing agreement with 6 local banks worth SR11.2 billion ($3 billion), which is the largest in the history of the Kingdom of Saudi Arabia’s …
Saudia Signs SR11.2 Billion Agreement with 6 Saudi Banks to Finance Program to Increase its Aircraft Fleet
The Saudi Arabian Airlines Corporation has signed a financing agreement with 6 local banks worth SR11.2 billion ($3 billion), which is the largest in the history of the Kingdom of Saudi Arabia’s …