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The amendments were based on past experiences, challenges faced by various business sectors and recommendations received from relevant parties
The stockpile grew by SAR36.8bn from the previous month in the biggest increase since June
Empower will start taking investor orders for the IPO from Monday, with final pricing scheduled for November 9
Based in Saudia Arabia, Human Development Company provides educational, medical and rehabilitation services
The agreement provides a framework for facilitating cross-border collaboration between the two authorities on supervision and enforcement actions
Choosing the right broker to trade with can be a daunting task. Here, we list the most important criteria and sources to follow in order to make an informed decision
The new branch will offer clients a Swiss platform, with a focus on wealth preservation and legacy planning
Cryptocurrencies, like other riskier investments, have been suffering in a tighter-monetary-policy environment
The company’s total revenue reached Dhs237.8m during the first nine months of the year
The kingdom has its lowest unemployment rate in two decades and has managed to keep inflation at 3 per cent
The lender posted total income of Dhs22.7bn, rising 31 per cent year-on-year
The plan includes carving out Credit Suisse’s advisory and leveraged finance business into a separate unit renamed Credit Suisse First Boston
The lender posted an operating profit of Dhs932.5m for the first nine months of the year, marking a 25.1 per cent rise compared to the previous year
The fund will be managed by Aramco Ventures, the venture capital arm of the oil giant
The eDirham system will be replaced with Magnati, the smart payment option from First Abu Dhabi Bank
The announcement follows the launch of the Saudi Egyptian Investment Company in August
Waqar Siddique has withdrawn his Financial Markets Tribunal review and will not contest the regulator’s findings
The bank’s total income for the first nine months of the year stood at Dhs18bn, up 13 per cent year-on-year over the previous year
The bank registered Dhs2.45bn in net profit for the first nine months of 2022
The Middle East is having a banner year for IPOs on the back of high oil prices, investor inflows and strong demand for share sales
The bank’s operating income increased by 24.3 per cent over the previous year to Dhs5.3bn
BitOasis customers will be able to link their crypto wallet balances to physical or virtual cards and make fiat payments across 90 million global locations using their BitOasis Mastercard Crypto Card
Banks are already facilitating private sector engagement in net zero, and this will deepen in the coming years
The bank reported total income of Dhs9.873bn, rising 10 per cent year-on-year, compared to Dhs8.94bn last year
The bank posted a 10 per cent rise in net interest income, totalling Dhs7.275bn
As the host financial centre for GEFI’s Path to COP28 programme, DIFC will support a series of report launches, roundtables and community engagements during the next 12 months
Aliph Capital will seek to acquire sizeable positions in privately owned mid-market companies across the GCC
The US bank will have doubled the size of its Saudi operations by the end of the year, compared to 2016
The company currently manages around €1bn of European real estate on behalf of Middle Eastern investors