Banking & Insurance

Banking & Insurance, Saudi Arabia
The Saudi Central Bank says its net foreign assets grew to $431 billion in March

The Saudi Central Bank says its net foreign assets grew to $431 billion in March The Saudi Central Bank (SAMA) said its…

Banking & Insurance, Investment, Saudi Arabia
Saudi PIF Issues $1.25B Sukuk in Global Debt Market for the Second Time This Year

Saudi PIF Issues $1.25B Sukuk in Global Debt Market for the Second Time This Year Saudi Arabia’s Public Investment Fund (PIF) is…

Banking & Insurance, Financial, Saudi Arabia
Saudi National Bank’s profit for the first quarter rises by 20% to $1.6 billion

Saudi National Bank's profit for the first quarter rises by 20% to $1.6 billion Saudi National Bank (SNB), the biggest bank in…

Banking & Insurance, Financial, Riyadh
Riyad Bank reports a 19% increase in its profit for the first quarter of 2025, reaching $663 million, due to higher income and lower costs

Riyad Bank reports a 19% increase in its profit for the first quarter of 2025, reaching $663 million, due to higher income…

Banking & Insurance, Economy, Egypt
The Central Bank of Egypt cuts key interest rates by 2.25% as inflation slows down

The Central Bank of Egypt cuts key interest rates by 2.25% as inflation slows down The Central Bank of Egypt (CBE) lowered…

Banking & Insurance, Financial, Saudi Arabia
Saudi Arabia’s Digital Banking Boom: What’s Next?

Saudi Arabia's Digital Banking Boom: What's Next? Saudi Arabia is undergoing a financial revolution, and at the heart of it is a…

Banking & Insurance, UAE
The UAE Central Bank introduces a new symbol for the dirham to boost its use in global markets

The UAE Central Bank introduces a new symbol for the dirham to boost its use in global markets The Central Bank of…

Banking & Insurance, Investment, UAE
Emirates NBD teams up with BlackRock to launch an investment platform for wealthy investors in the UAE

Emirates NBD teams up with BlackRock to launch an investment platform for wealthy investors in the UAE Emirates NBD has agreed to…

Banking & Insurance, Business, Egypt, Financial
EFG Holding’s Income Jumps 66% to a Record $481.7 Million in 2024 Thanks to Strong Business Growth

EFG Holding’s Income Jumps 66% to a Record $481.7 Million in 2024 Thanks to Strong Business Growth Egypt-based EFG Holding announced that…

Banking & Insurance, Business, UAE
UAE’s FAB Plans Changes to Grow Its Business in the Gulf. Here’s What We Know

UAE's FAB Plans Changes to Grow Its Business in the Gulf. Here's What We Know First Abu Dhabi Bank (FAB) will reorganize…

Banking & Insurance, UAE
DIFC sees 25% rise in new company registrations in 2024, total reaches 6,920

DIFC sees 25% rise in new company registrations in 2024, total reaches 6,920 The number of companies in the Dubai International Financial…

Banking & Insurance, Economy, News, Syria
Syria’s Central Bank says money printed in Russia during Assad’s rule has arrived at Damascus Airport

Syria’s Central Bank says money printed in Russia during Assad’s rule has arrived at Damascus Airport Syria’s central bank said on Friday…