In 2017, GIB became the first foreign domiciled bank to be granted approval from the Saudi Arabia Council of Ministers to establish a local commercial bank in the Kingdom of Saudi Arabia.

WASHINGTON – US President Donald Trump said Saudi Arabia had not ... delay annexation of the West Bank in favor of advancing a normalization deal with Saudi Arabia. The officials, who spoke ...

EFG Hermes, the Egyptian investment bank, has appointed Khalid AlSweilem as chairman of its Saudi Arabian arm, EFG Hermes KSA. He is chief global sovereign funds adviser at Ninety One Asset Management ...

Foreign remittances from Saudi Arabia recorded a significant increase of 14 per cent ... according to the monthly statistical bulletin issued by the Saudi Central Bank (SAMA). The increase was ...

Saudi-based buy-now-pay-later app Tabby is working with banks for an IPO, Bloomberg reported. The fintech unicorn is working with HSBC Holdings Plc, JPMorgan Chase & Co. and Morgan Stanley on the deal ...

ABU DHABI - Saudi Arabia's non-oil business sector expanded at its strongest pace in just over a decade in January, driven by a surge in new orders and robust business activity, a survey showed on ...

(MENAFN) Saudi Arabia's Al Jazira bank reported a 21 percent increase in profits last year, reaching 1.2 billion riyals ($327 million), according to a disclosure published on the Saudi Stock ...

Ant International, a leading global digital payment, digitisation and financial technology provider, has opened a new office location in the central b ...

*Change on a monthly basis.

The seasonally adjusted Riyad Bank Saudi Arabia Purchasing Managers' Index (PMI) rose to 60.5 last month from 58.4 in December, marking its highest level since September 2014. Readings above 50 ...