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Banking and Finance

Banking and Finance latest

His Royal Highness Prince Khalid bin Saud Al-Faisal Visits Sahm Capital to Witness Landmark Agreements and Receives First-Class Honorary Membership
September 16th, 2025 - 06:09 GMT

His Royal Highness Prince Khalid bin Saud Al-Faisal Visits Sahm Capital to Witness Landmark Agreements and Receives First-Class Honorary Membership

Sahm Capital, the Kingdom's leading fintech-driven financial company, proudly hosted His Royal Highness Prince Khalid bin Saud Al-Faisal, Chairman of Walking Challenge Entertainment Company, at its headquarters for a special ceremony that advanced two landmark initiatives supporting health, education, and financial literacy in line with Vision 2030. The event was attended by senior leaders from government and private sector institutions, underscoring the importance of cross-sector collaboration in advancing national goals. The ceremony began with the Saudi National Anthem and welcoming remarks from Mr. Steven Chou, Chairman of Sahm Capital, who ...
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Al Bawaba
March 2nd, 2014 - 07:15 GMT

ADIB - Egypt named “Best Islamic Bank in Egypt" and won “Best Mudarbah Deal of the year 2013”

The North African country’s economy relies heavily on European tourism and is still recovering from the aftermath of its political upheaval three years ago.
March 2nd, 2014 - 03:55 GMT

New constitution, new loan: Tunisia receives $1.2 billion loan from World Bank

The most common type of economic crime reported in the Middle East was asset misappropriation.
March 2nd, 2014 - 03:55 GMT

Rejoice! More than one third of Middle East firms are corrupt!

The majority of MENA countries impose foreign ownership restrictions which typically cap foreign ownership at 49 per cent in various sectors (although there are notable exceptions, such as free zones).
March 2nd, 2014 - 03:55 GMT

Ready for a challenge? A survivor's guide to private equity in the MENA region

Increasing number of car bombs have destroyed Lebanon's tourism sector (File Archive/AFP)
February 27th, 2014 - 08:34 GMT

Why Lebanon’s Economic Minister is telling Beirut to spend more?!

The UAE’s aggregate bank deposits also rose 9.5 per cent (Dh111.1 billion) year on year in December 2013
February 27th, 2014 - 08:17 GMT

Anything to sustain that consumption boom: UAE lending grows 7%

Al Bawaba
February 27th, 2014 - 05:55 GMT

100% cash dividend and 30% bonus shares for 2013 announced at FGB Annual General Meeting

Al-Waleed has been featured in Bloomberg’s Billionaires Index with a personal fortune of $30.5 billion as of Feb. 25, 2014.
February 27th, 2014 - 12:16 GMT

Someone's ego is finally appeased: After severing ties with Forbes, Al-Waleed bin Talal makes it to bloomberg's billionaires list

Al Bawaba
February 26th, 2014 - 08:04 GMT

Emirates Islamic Gold certificate offers customers secure and convenient options to invest in gold

Al Bawaba
February 26th, 2014 - 07:59 GMT

Standard Chartered appoints Head of Wholesale Banking for its operations in Iraq

Al Bawaba
February 26th, 2014 - 07:53 GMT

Al Ramz Securities kicks off 2014 by topping UAE markets in January

Sudan is also subject to comprehensive economic sanctions since 1997 over terrorism charges as well as human right abuses.
February 26th, 2014 - 03:55 GMT

Time for a deal? Sudan discloses that $48.2m of its assets are frozen under US sanctions

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