09/08/2021
The proposed sale aligns with the current shifts in the international payments space. Banks are going toe-to-toe with bespoke providers and have been looking to sell off various divisions to stay competitive.
08/31/2021
FAB, HSBC, Standard Chartered and TD Securities are arranging the deal
08/04/2021
Operating profit jumped to $476 million from $91 million during the same period last year
07/26/2021
The fourth EGP 170 million issuance closed in January 2021
07/21/2021
SAIB will be the first bank in Saudi Arabia to have the full stack of Cisco SDN Architecture
07/19/2021
The report also shows that 98 per cent of businesses in the Middle East see growth opportunities from increasing environmental, ethical and sustainable investments, compared with a global average of 90 per cent.
07/15/2021
HSBC launched a US$5 billion growth initiative in the UAE in June 2021 to support strong companies to grow internationally and sustainably
07/12/2021
SPACs are corporate shells that raise money from investors with the aim of merging with private businesses to take them public.
07/02/2021
“Citigroup’s corporate and investment banking revenues from Saudi Arabia have nearly tripled” since the bank obtained its CMA license, Shaikh said.
07/02/2021
Leumi said it will also gain 214 million shekels for the revaluation of the bank's remaining 0.75% ownership stake.
07/02/2021
The latest edition to the Kingdom’s banking scene comes as it was reported in June that the accumulated income of the Top-10 banks in Saudi Arabia increased by 34.1 percent during the first quarter of 2021, compared to the previous quarter
06/25/2021
The final pricing not only represented the tightest end of the initial pricing range offered to investors, but also the lowest ever senior unsecured Sukuk pricing achieved by a corporate or bank issuer in the local market since 2017
06/21/2021
In recognition of NBK's US$700 million securities issuance
06/18/2021
The Global View and Global Transfers feature allows Premier and Advance customers to instantly transfer money from one account to the other in over twenty-five different currencies and to twenty-five countries and regions.
06/16/2021
US investment bank says activity surging in manufacturing, finance and construction
05/24/2021
Acquisition of the 51% stake will be finalised in the third quarter
05/20/2021
The government began a programme of selling its stakes in banks in 2004, and in 2006 sold most of its fourth largest bank, Bank of Alexandria, to the Italian banking group Intesa Sanpaolo S.p.A.
05/12/2021
This marked a Year on Year rise of 27%
05/11/2021
The Bank’s products and solutions are built around advanced technology and automation to provide its clients with a seamless experience in execution of their trade transactions.
04/30/2021
For the three-month period ended 31 March 2021