Global Financial Market Review

Middle East Business News - Published date: Sunday June 28, 2020.

The kingdom has been taking steps to shore up its banking sector from the coronavirus shock and lower oil prices Read more

Middle East Business News - Published date: Sunday March 17, 2019.

New rules will result in banks paying 10-20% of net profit Read more

Middle East Business News - Published date: Wednesday March 06, 2019.

Sources say Gulf kingdom is considering plans to increase an Islamic tax paid by local banks to as much as 20% Read more

Middle East Business News - Published date: Thursday February 28, 2019.

Al Rajhi Bank, the world's largest Islamic bank, appoints software firm to drive digital solutions Read more

Middle East Business News - Published date: Tuesday February 26, 2019.

Sources say Everbright Bank Co is among parties in talks to contribute capital to a joint investment fund being set up b... Read more

Middle East Business News - Published date: Tuesday February 26, 2019.

Banking giant says it saw good performance in Saudi Arabia but also highlights 'underperformance' in the UAE Read more

Middle East Business News - Published date: Thursday February 21, 2019.

On the cusp of a historic merger, Saudi Arabia's oldest bank is using AI - and coffee - to reach out to a young, tech-sa... Read more

Middle East Business News - Published date: Tuesday February 19, 2019.

Apple Pay will allow Visa cardholders across the kingdom to make payments using their Apple devices Read more

Middle East Business News - Published date: Wednesday January 23, 2019.

The merger will create the kingdom's third largest bank Read more

Middle East Business News - Published date: Wednesday January 23, 2019.

The merger will create the kingdom's third largest bank Read more

Middle East Business News - Published date: Thursday January 17, 2019.

Sources say National Commercial Bank is close to hiring JPMorgan Chase & Co to advise on its merger with Riyad Bank Read more