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According to a report by global data firm Refinitiv, investment banking fees generated in the MENA region amounted to $1.2 billion during 2020. (Shutterstock)

Saudi Arabia generates $382.9m in investment banking fees

  • Total fees across region fall 12% to $1.2bn amid pandemic slowdown
By Rashid Hassan ·
Inflation in Saudi Arabia dropped back to 5.3 percent year-on-year in the final month of 2020. (Shutterstock/File Photo)

Saudi inflation eases, but impact of VAT hike to remain into 2021: Economics report

By Arab News ·
A general view taken on May 29, 2019 shows the sea front promenade in the Emirati capital Abu Dhabi with the ADNOC headquarters (Abu Dhabi National Oil Company) office complex (C) in the foreground. (AFP/File Photo)

Japan, UAE strike first fuel ammonia cooperation deal

By Arab News Japan ·
The report said the Kingdom “continued to provide leadership for primary markets in 2020” as four out of the seven IPOs in the region were on the Saudi Stock Exchange (Tadawul). (AFP/File Photo)

Saudi Arabia expected to lead regional IPO market in 2021

By Arab News ·
Amlak International was the first real estate financing company approved by the Saudi Arabia Monetary Authority (SAMA). (Screenshot)

424,000 Saudi families have benefited from subsidized housing loans

By Argaam ·
Oman raising up to $2 bln loan with mostly regional banks — sources

Oman raising up to $2 bln loan with mostly regional banks — sources

By Reuters ·
Virgin Mobile develops Saudi banking app

Virgin Mobile develops Saudi banking app

By Hala Tashkandi ·
Specialising in luxury developments, Seven Tides’ focus for 2020 was on two developments - Golf Views Seven City in Dubai’s Jumeirah Lake Towers (JLT) and Seven Palm on The Palm Jumeirah. (Supplied)

Russians, Brits and French buyers bring boom for Dubai developer

By Arab News ·
Credit Suisse has opened a new branch in Riyadh as part of plans to strengthen its wealth management services in Saudi Arabia. (Shutterstock/File Photo)

Credit Suisse expands Saudi operations with new Riyadh branch

By Arab News ·
Digital payment transactions in the Kingdom jumped by 75 percent in 2020 as Saudi consumers embraced online shopping during the coronavirus (COVID-19) pandemic. (Shutterstock/File Photo)

Digital payments in Saudi Arabia surge by 75% amid pandemic

By Rashid Hassan ·
French company ENGIE established a dedicated holding company in Saudi Arabia in 2019 as part of a bid to bring all the group’s assets in the Kingdom under one entity. (ENGIE)

ENGIE’s Saudi expansion ‘firmly on track’

By Arab News ·
Saudi Arabia’s housing ministry has clamped down on 61 projects that failed to observe off-plan sales regulations. (Screenshot: AN.pk/YouTube/Majid Enani)

Saudi Arabia cracks down on off-plan sales violations

By Arab News ·
Saudi Capital Market Authority (CMA) announced that the Appeal Committee for the Resolution of Securities Disputes decided to convict some board members and executives of Weqaya Takaful Insurance and Reinsurance Co. (Argaam)

Weqaya board members, executives fined, convicted of fraud

By Argaam ·

Opinion

Frank Kane
Debt makes sense as long as interest rates remain low
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