The clients’ deposits witnessed an annual growth of 7.82% to SAR 113.74 billion as of 31 March 2024, compared to SAR 105.48 ...

Albilad Saudi Sovereign Sukuk ETF paid a cash dividend to unitholders for April 2024, Albilad Capital said in a statement to ...

Only Saudi banks provide facility, as Western banks say the lack of ancillary opportunities makes the business case difficult ...

Gulf Cooperation Council Secretary-General Jassim Al Budaiwi confirmed that GCC nations are working towards introducing a ...

Hong Kong on Tuesday launched trading of Asia's first spot bitcoin and ether exchange-traded funds (ETFs), moving forward in ...

Bank Albilad also cited higher gross operating income, on increased dividend income, 2% lower total operating expenses before net impairment charge on lower general & administrative expenses and ...

The facility will support NEOM’s short-term financing requirements as it advances the development of major projects such as ...

The funds obtained through this credit facility will be used to address NEOM's short-term financing requirements ...

The RCF, which witnessed the participation of nine Saudi banks, aligns with NEOM’s strategy to diversify its sources of ...

Azentio Software ("Azentio"), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, announced ...

NEOM, a unit of the kingdom’s sovereign wealth fund, secured a new revolving credit facility (RCF) worth 10 billion riyals ...

The company was declared Segment Winners I SME/Corporate Banking, Regional Winners I Middle East & Africa, and Segment Winners I Compliance Management.