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Angry protesters burn ATM at bank in Beirut

Angry protesters burn ATM at bank in Beirut

  • With the end of central bank Governor Riad Salameh’s term looming, the caretaker government continues to consider options for successor
  • Caretaker Prime Minister Prime Minister Najib Mikati said that he will not extend Salameh’s term as governor even if no successor can be nominated
By NAJIA HOUSSARI ·
Saudi banks’ aggregate profits surge 23% to $1.98bn in March: SAMA

Saudi banks’ aggregate profits surge 23% to $1.98bn in March: SAMA

By Nirmal Narayanan ·
SVB’s former parent may need new funding after $2bn cash seizure

SVB’s former parent may need new funding after $2bn cash seizure

By Reuters ·
Sudan conflict poses credit-negative risk to neighboring countries, says Moody’s 

Sudan conflict poses credit-negative risk to neighboring countries, says Moody’s 

By Arab News ·
Credit Suisse job cuts must be frozen, says a bank employees’ leader

Credit Suisse job cuts must be frozen, says a bank employees’ leader

By Reuters ·
Saudi banks’ net profits surge 7.5% to $1.4bn: SAMA 

Saudi banks’ net profits surge 7.5% to $1.4bn: SAMA 

By Arab News ·
GCC banks resilient to US banks’ recent distress: Moody’s  

GCC banks resilient to US banks’ recent distress: Moody’s  

By Arab News ·
Over 600 jobs offered at two-day fintech career fair in Riyadh

Over 600 jobs offered at two-day fintech career fair in Riyadh

By Arab News ·
Lebanese banks suspend strike at PM’s request; pound regains some value

Lebanese banks suspend strike at PM’s request; pound regains some value

By NAJIA HOUSSARI ·
Update A protester throws a brick at a bank after setting fire to tyres during a demonstration in Beirut on February 16, 2023. (AFP) video

Beirut banks set alight as anger over economic collapse deepens

By NAJIA HOUSSARI ·
Lebanese banks unlikely to stop ATM services amid backlash

Lebanese banks unlikely to stop ATM services amid backlash

By NAJIA HOUSSARI ·
UAE's DFM net profit up 41.7% to $40m in 2022 

UAE's DFM net profit up 41.7% to $40m in 2022 

By ARAB NEWS  ·
Saudi banks’ profits up 21% in December, central bank data shows

Saudi banks’ profits up 21% in December, central bank data shows

By Arab News ·

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