Sovereign Wealth Funds Brace for Rainy Days Ahead
While Saudi Arabia has led the world in oil production, the kingdom has trailed its Gulf neighbors in terms of…
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Saudi bank shares rally on SAMA’s monetary action
Saudi banking shares rallied on Monday after the central bank said it would deposit about SR20 billion at commercial lenders…
Access to finance critical to GCC economies
As lower oil prices affect the role played by governments as direct and indirect drivers of GCC business investment, ensuring…
Saudi banks' liquidity positions resilient
Large Saudi banks continue to report liquidity coverage ratios above 100 percent despite a 30 percent outflow of government-related deposits…
UNB and Ducab Officials Meet to Review Progress on Islamic Finance Partnership
Senior officials from Union National Bank visited Ducab senior management and facilities to review progress on the AED 350 million…
Bahrain hires banks for dual-tranche US dollar benchmark
The Kingdom of Bahrain is planning a dual-tranche benchmark sized US dollar denominated bond issue, according to a lead. …
SHB Named Abdullah Aloraini as the Bank's Chief Financial Officer
As part of its vision to boost Saudization amongst the bank’s top management, Saudi Hollandi Bank, SHB announced the appointment…
Bank Sohar steps up digital transformation with IBM Cloud
IBM announced today that Bank Sohar, one of the leading financial institutions in the Sultanate of Oman, has selected IBM…
Banque Saudi Fransi selects SmartStream Corona for liqudity management
SmartStream Technologies today announced that Banque Saudi Fransi, a leading provider of banking products and services headquartered in the Kingdom…
Saudi Arabia Megabond Said at Risk of 9/11 Legislation Delay
Saudi Arabia’s first international bond may be delayed by a U.S. vote on legislation that would allow the families of…
Citigroup Accelerates Saudi Return Plans With Megabond Mandate
More than a decade after quitting Saudi Arabia, Citigroup Inc. is winning more high-profile deals in the kingdom and quietly…
Banking business models getting redefined through financial inclusion and re- regulation
Doha Bank is participating in the Sibos Conference in Geneva from 26-29th September 2016. The theme for the 2016…