More than $200bn wiped off Gulf markets in huge one-day slump
Hundreds of billions of dollars were wiped off Gulf markets on Sunday after they were hit with their biggest one-day…
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Saudi bank loans granted to public, private sectors increase 8 percent
Data issued by the Saudi Arabian Monetary Authority showed that, by the end of January 2020, Saudi bank loans granted…
Fiscal Policies to Protect People During the Coronavirus Outbreak
A key role of government is to protect the well-being of its people—most crucially and visibly during emergencies such as…
7 Ways to Avoid Germs on a Plane
As a could-be medical pandemic, the coronavirus disease (COVID-19)—the respiratory disease first detected in Wuhan, China, at the end of…
Egypt to Roll Out New Plastic Currency in 2020
Egypt will start rolling out plastic currency this year, Deputy Governor of the Central Bank of Egypt Gamal Negm announced…
Middle East businesses see biggest rise in customer fraud
Fraud and economic crime rates remain at record highs in the Middle East, impacting companies in more ways than ever,…
ACC okays charge sheet against ex-AB Bank chair, 7 others
The Anti-Corruption Commission on Thursday approved a charge sheet against former AB Bank chairman M Wahidul Haque and seven others…
Path Solutions, Kuwait-based company launches its digital banking suite
Path Solutions has launched the Path Digital and Path Intelligence platforms to enable banks to provide customers with a consistent…
Data and AI to Add More Than USD 10 Billion to Saudi Arabia's Economy
The Saudi Data and Artificial Intelligence Authority yesterday celebrated the launch of its brand identity at an event held at…
Saudi British Bank reports profit of SR2.812 billion for 2019
The Saudi British Bank recorded a net profit of SR2.812 million ($749 million) after zakat and income tax for the…
Middle East businesses see biggest rise in customer fraud
Fraud and economic crime rates remain at record highs in the Middle East, impacting companies in more ways than ever,…
Barclays executives fend off fraud charge
In a “fresh blow to the credibility of the Serious Fraud Office [SFO]”, three senior Barclays bankers have been acquitted…