Total bank deposits in the Kingdom hit a new all-time high above SR1.5 trillion for the first time in July, says a report.
Saudi Arabian Investment Authority’s (SAGIA) value proposition for investors and the changes that have been made over the years to the registration process for international firms were highlighted at
JEDDAH: Saudi Arabia’s central bank has published new consumer lending regulations which give it the power to cap retail lending at individual banks and limit the fees that banks can charge.
JEDDAH: Saudi Arabia’s main stock index, which has been in an uptrend since the Kingdom’s regulator said in July it would open the market to direct foreign investment early next year, added just 0.04
SEOUL: The shipbuilding and engineering units of South Korea’s Samsung group said they would merge, as the family-run giant gears up for generational ownership succession.
IFC, a member of the World Bank Group, has ramped up its investments in vital infrastructure throughout the Middle East and North Africa over the past 12 months, focusing on the energy sector.
MUMBAI: The United Bank of India declared flamboyant and indebted tycoon Vijay Mallya a “wilful defaulter,” dealing another blow to his embattled Kingfisher Airlines.
Siemens has signed two contracts with Saudi Electricity Company (SEC) for the construction of Static Var Compensators (SVCs) at Madinah East, Hail-2 and Al Jouf-2 380kV substations.
Over the last decade, the discovery of massive quantities of unconventional gas resources around the world has spurred a renaissance within global energy markets, redirecting international attention t
LONDON: Britain’s manufacturing revival slowed sharply last month as the Ukraine crisis crimped demand from abroad, further denting hopes for a more balanced economic recovery.
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