Saudi National Bank Receives Approvals from Shareholders
Saudi Arabia’s National Commercial Bank (NCB) and Samba Financial Group have joined hands, leading to the ...
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Western Union Acquires Stakes in Saudi STC Pay for $200 Million
In an acquisition deal, #Western Union Co. purchased 15% stake in Saudi STC Pay for $200 ...
Saudi National Commercial Bank Buys Rival Samba Financial Group in Merger Deal
In a merger deal, Saudi Arabia’s National Commercial Bank (#NCB) made a statement on Sunday on ...
Saudi Wealth Fund PIF Announces Launch of Real Estate Company Roshn
Saudi Arabia’s sovereign wealth fund- The Public Investment Fund (PIF) has made the announcement of the ...
Saudi Aramco Heads for Paying Dividends After Job Cuts
In response to the ongoing oil slump, Saudi Arabian Oil Company (Saudi Aramco) lets go employees ...
Saudi Oil Giant Aramco Set to Acquire 2.1 Billion SABIC Shares
Saudi Arabia’s Aramco has implemented the acquisition of 70% stake in Saudi Basic Industries Corp. (SABIC), the petrochemical giant ...
Saudi Central Bank Funds $13.3 Billion to Support Bank Liquidity
In the wake of coronavirus pandemic, Saudi Central Bank said on Monday to be providing $13.3 ...
Saudi Sovereign-Wealth Fund on a Stakes Buying Spree
Saudi Arabia’s $300 billion sovereign-wealth fund has turned out to be one of the largest bargain hunters, buying ...
Saudi’s Finance Ministry issues $1.53bn in Sukuk
Saudi Arabia’s Ministry of Finance has raised 5.755 billion riyals ($1.53 billion) in sukuk, as part of the monthly ...
Saudi’s Central Bank reconfirms pegging to U.S. Dollar
The Saudi Arabia’s central bank which is aiming at a sustainable economic growth during the coronavirus pandemic asserted its commitment ...
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