Saudi Vision 2030


How Aramco's Giant 2018 Profit Dwarfs Joint Earnings Of 163 Saudi Stocks

Middle East Business News - Published date: .

$111bn earned by state oil major dwarfs the $28.4bn combined net income for all the companies traded in Riyadh Read more

Saudi Aramco Said To Plan $10bn Bond Next Week

Middle East Business News - Published date: .

Sources say state oil giant could issue its first international bond to help fund acquisition of Sabic stake Read more

Aramco, Uber Deals Take Middle East M&A Volume Near Europe Levels

Middle East Business News - Published date: .

Acquisitions involving targets in the Middle East and Africa are up more than six-fold this year to $103.4bn Read more

Saudi Billionaire Seeks To Calm Investors With More Transparency

Middle East Business News - Published date: .

Prince Alwaleed says he may reveal more details about the terms of his release from a corruption crackdown last year Read more

Saudi Arabia To Raise Islamic Tax On Banks

Middle East Business News - Published date: .

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

Saudi Arabia Said To Mull Raising Tax On Local Banks

Middle East Business News - Published date: .

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

Saudi Banking Giant Picks Temenos For Digital Transformation

Middle East Business News - Published date: .

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

Standard Chartered Gets Approval To Open Branch In Saudi

Middle East Business News - Published date: .

The 150-year-old lender has been operating in the kingdom through Standard Chartered Capital Saudi Arabia since 2009 Read more

Beijing Bank Said To Be In Talks To Back $20bn Saudi Fund

Middle East Business News - Published date: .

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

Mastercard And Mada Team Up To Offer Apple Pay In Saudi Arabia

Middle East Business News - Published date: .

Brand View: Highly anticipated move heralds new era for mobile payments in the country, with National Commercial Bank an... Read more

Visa Launches Apple Pay In Saudi Arabia

Middle East Business News - Published date: .

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

Saudi Aramco May Raise Up To $15bn In Debut Foreign Bond

Middle East Business News - Published date: .

The world's biggest oil producer may sell the bonds in the first half of the year Read more

Societe Generale Eyes Saudi Opportunities After Middle East Expansion

Middle East Business News - Published date: .

Saudi Arabia is attracting the attention of the world's biggest banks as it undergoes an economic transformation that in... Read more

Societe Generale Eyes Saudi Opportunities After Middle East Expansion

Middle East Business News - Published date: .

Saudi Arabia is attracting the attention of the world's biggest banks as it undergoes an economic transformation that in... Read more

Revealed: How UAE, Saudi Arabia Plan To Use Common Digital Currency

Middle East Business News - Published date: .

Saudi Arabian Monetary Authority and the UAE Central Bank announce Aber project to forge closer financial ties Read more

Saudi Arabia's Alawwal Bank, SABB Merger On Track For H1 Completion

Middle East Business News - Published date: .

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

Saudi Arabia's Alawwal Bank, SABB Merger On Track For H1 Completion

Middle East Business News - Published date: .

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

JPMorgan 'close' To Being Hired For Saudi Bank Merger

Middle East Business News - Published date: .

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

Saudi Fund Said To Seek 15% Stake In Accor Unit

Middle East Business News - Published date: .

Sources say Public Investment Fund is in talks to buy stake in French hotel firm's property business Read more