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Tag: Saudi Arabia

Posted on June 29, 2020

Saudi Arabia steps up fight against commercial cover-ups

Coffee shops and restaurants in Saudi Arabia will have to make e-payment available to their customers by late July under a national scheme to combat commercial cover-ups in the kingdom, according to a …

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Posted on June 29, 2020

Saudi’s Samba Shares Surge After $15.6 Billion Takeover Bid

Samba Financial Group jumped in Saudi Arabia after rival National Commercial Bank, the kingdom’s largest lender by assets, offered to acquire it for as much as $15.6 billion.The shares advanced 9.9% …

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Posted on June 29, 2020

How Saudi Arabia’s $15.6 Billion Bank Merger Would Stack Up

The combination of National Commercial Bank and rival Samba Financial Group would create the third-largest lender in the Gulf Cooperation Council and a national champion to compete with regional …

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Posted on June 29, 2020

From Saudi Arabia, a welcome call for tolerance and moderation

Given the link between Saudi Arabia’s monarchy and the rise of radical Islam, Muhammad Al-Issa might not be your idea of a typical Saudi cleric. The 55-year-old secretary general of the Muslim World …

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Posted on June 29, 2020

Saudi Arabia limits number of pilgrims ahead of Hajj

There was disappointing but expected news for millions of Muslims around the world this week, as Saudi Arabia banned foreign travellers from entering the country because of the COVID-19 pandemic. As …

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Posted on June 29, 2020

Saudi Arabia’s Hunt For Cheap Sports Assets

Cash is king, especially at a time when sports properties are being hammered by the pandemic. And if there’s one thing Saudi Arabia’s wealth fund has, led by Crown Prince Mohammed bin Salman, is …

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Posted on June 28, 2020

Saudi Arabia achieves remarkable reforms to combat human-trafficking, UN body says

Ali affirmed that these efforts contributed to improving Saudi Arabia’s ranking in the United Nations’ assessment, as well as in assessments of other countries, with regard to combating …

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Posted on June 28, 2020

Saudi Samba Shares Surge After $15.6 Billion Takeover Bid

Samba Financial Group jumped in Saudi Arabia after rival National Commercial Bank, the kingdom’s largest lender by assets, offered to acquire it for as much as $15.6 billion.The shares advanced 9.9% …

( read original story …)



Posted on June 27, 2020

How COVID-19 changed the lifestyle in Saudi Arabia

People sit at a cafe in a mall in the Saudi capital Riyadh on June 4, 2020, after it reopened following the easing of some restrictions to stem the spead of the novel coronavirus. Image Credit: AFP …

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Posted on June 27, 2020

Saudi Model Khaled Muhammed Almulhim is Rising in Popularity Charts

Khaled Muhammed Almulhim is among the few models to emerge out of a liberalizing Saudi Arabia. Only 31 years of age and single, this Saudi model is …

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