Saudi Fransi Capital

Saudi Fransi Capital latest

SABB, which is 40 percent owned by HSBC Holdings, and Alawwal said in April last year they had agreed to start talks on the merger. (Courtesy of SABB)

May 20th, 2018 - 08:15 GMT

Third Largest Bank in Saudi Arabia to Be Created With Alawwal and SABB Merger

Saudi British Bank (SABB) and Alawwal Bank have agreed to merge, in a move that would create the Kingdom’s third-biggest lender with assets of around $77 billion, the institutions announced on Wednesday.

Although a lower deficit in 2016 is encouraging, Saudi Arabia faces a tough task to balance its budget by 2020. (File photo)

December 22nd, 2016 - 07:00 GMT

Saudi Arabia's 2017 budget: More spending cuts expected

March 12th, 2014 - 03:00 GMT

MENA Women entrepreneurs in spotlight with release of "Arab Women Rising"

Telecoms was the most targeted industry in the Middle East with 30 percent of the activity during the year, followed closely by financials with 27 percent

January 14th, 2013 - 07:52 GMT

Saudi Fransi Capital latest

Third Largest Bank in Saudi Arabia to Be Created With Alawwal and SABB Merger

Saudi Arabia's 2017 budget: More spending cuts expected

MENA Women entrepreneurs in spotlight with release of "Arab Women Rising"

Middle East banking sector sitting pretty on $20 bilion merger market