Shujaa al-Baqmi
Business Saudi Arabia’s NCB in Preliminary Merger Talks with Riyad Bank

Saudi Arabia’s NCB in Preliminary Merger Talks with Riyad Bank

Saudi Arabia’s National Commercial Bank (NCB) and Riyad Bank have begun preliminary discussions to study the possibility of a merger, an important step in the…

Shujaa al-Baqmi (Riyadh)
Business Initiatives Boost Progression of Saudi Investment Environment Internationally

Initiatives Boost Progression of Saudi Investment Environment Internationally

The Saudi trade and investment system has strengthened its success through a series of qualitative initiatives that have been undertaken over the past period…

Shujaa al-Baqmi (Riyadh)
Business Private, Public Investment Funds Jump 4% in Saudi Arabia

Private, Public Investment Funds Jump 4% in Saudi Arabia

The value of public and private investment funds increased 4 percent during the third quarter of 2018 compared to the previous quarter, with a total assets…

Shujaa al-Baqmi (Riyadh)
Business Saudi Companies Witness Remarkable Growth in Q3 2018

Saudi Companies Witness Remarkable Growth in Q3 2018

The Saudi Ministry of Commerce and Investment revealed a steady increase in the number of companies and establishments during the third quarter of 2018,…

Shujaa al-Baqmi (Riyadh)
Business SABIC Opens New Prospects in Petrochemicals Investment

SABIC Opens New Prospects in Petrochemicals Investment

Petrochemicals company SABIC’s announcement of signing memorandums of understanding (MoUs) with six multinational suppliers to establish strategic alliances…

Shujaa al-Baqmi (Riyadh)
Business New Saudi Development Projects' Funds Exceed $40 Bln

New Saudi Development Projects' Funds Exceed $40 Bln

Mega development projects nationwide have been inaugurated by Saudi King Salman bin Abdulaziz, in the presence of Crown Prince Mohammed bin Salman, during a…

Shujaa al-Baqmi (Riyadh)
Business Saudi Institutions Increase Purchases in Local Stock Market

Saudi Institutions Increase Purchases in Local Stock Market

Domestic institutions have surged around SAR1.07 billion (USD285.3 million) in the Saudi stocks market during the past week, while foreign investor property in…

Shujaa al-Baqmi (Riyadh)
Business banknotes

Saudi Banks Earn $10 Bn in 9 Months

Saudi banks listed in the local financial market posted huge profits of $10.05 billion in the first nine months of 2018, according to financial results. …

Shujaa al-Baqmi (Riyadh)