Saudi bourse opened to foreign investors June 15, 2016. (AFP/File)
October 23, 2016 - 11:30 GMT
High international demand on Saudi public bonds is irrefutable evidence that the Saudi economy now enjoys high credibility according to World countries, especially after the announcement of the Saudi Vision 2030 and economic reforms.
During the event
October 23, 2016 - 07:38 GMT
As part of its Corporate Social Responsibility programme ‘WAGIB’, Gulf International Bank’s (GIB) employees recently volunteered at the Down Syndrome Charitable Association in Riyadh.
Dr Hisham El-Khider, Specialist Neurology, patient and Ms. Sujatha Joseph, Stroke Coordinator
October 23, 2016 - 07:18 GMT
Mr. Sameh Hekal, a 28-year-old married father, was carrying out his usual duties as an accountant at work earlier this year when he suddenly experienced loss of vision in both eyes.
During the event
October 23, 2016 - 07:10 GMT
The Institute of Directors, India hosted the 16th London Global Convention on “Corporate Governance Sustainability Global Business Meet & Presentation of Golden Peacock Awards “between 17th and 20th October, 2016 .
During the interactive workshop
October 20, 2016 - 10:51 GMT
The Ministry of Finance (MoF) organised two workshops under the theme “Voice of the Customer”, during its participation in GITEX Technology Week 2016.
H.E. Sheikh Abdul Rehman Bin Mohammad Bin Jabor Al-Thani, Managing Director of Doha Bank
October 20, 2016 - 06:36 GMT
His Excellency Sheikh Fahad Bin Mohammad Bin Jabor Al-Thani, Chairman of the Board of Directors of Doha Bank, announced Doha Bank's financial results for Q3 2016.
Dr. Ashraf Al Nabhani
October 20, 2016 - 06:12 GMT
Bank Nizwa recently partnered with Dar Al Atta’a, one of Oman’s largest non-profit organizations, in an initiative to distribute food and essential supplies to over 500 underprivileged families across the Sultanate.
The $17.5B bond issue kicks off the efforts by the Kingdom to plug its large budget deficit of $87 billion this year due to a hole left by oil prices, which have fallen more than a half from the peak seen in 2013. (File photo)
October 20, 2016 - 05:10 GMT
Saudi Arabia is expected to raise 75 percent more in the $17.5B bond issue than the earlier anticipated, receiving an order book of around $70 billion.
Doha Bank
October 19, 2016 - 08:33 GMT
The Institute of Directors, India hosted the 16th London Global Convention on “Corporate Governance Sustainability Global Business Meet “between 17th and 20th October, 2016 .
Solveig Nicklos BIBF Director and Raghav Prasad GM for Gulf Countries Mastercard
October 19, 2016 - 06:28 GMT
Bahrain Institute of Banking & Finance - BIBF’s Payments Academy and Mastercard have announced a first-of-its-kind collaboration in Bahrain.
During the celebration
October 18, 2016 - 07:49 GMT
Oman Arab Bank held its annual Omani Women’s Day celebration at its Ghubra Head Office this week in recognition and appreciation of the extraordinary contribution made by its outstanding female employees to all aspects of its activities and operations.
During the signing
October 18, 2016 - 06:18 GMT
Mastercard, and the Tunisian Post have signed a Memorandum of Understanding (MoU) to develop and launch new digital financial services in the country and promote the innovative adoption of electronic payments.
GCC sovereigns' financing needs will likely remain substantial over the next several years, given the region's almost uniform dependence on hydrocarbons. (File photo)
October 18, 2016 - 05:37 GMT
The region's funding requirements have been mounting since 2015, when the drop in oil-related revenue turned fiscal surpluses into deficits.
A small number of potential buyers from the Middle East are vying for Oger's stake in Arab Bank, including Saudi Arabia's al-Hokair family. (File photo)
October 17, 2016 - 11:58 GMT
The embattled company is hoping to raise up to a billion dollars with the sale of its 20.93 percent stake in Arab Bank, but experts warn that even $1B is a drop in the ocean for Oger's debts.
HBMSU stand in GITEX
October 17, 2016 - 09:55 GMT
The Hamdan Bin Mohammed Smart University (HBMSU) throws the spotlight on its pioneering ‘smart’ learning solutions, including the landmark Smart Campus initiative, at the 36th edition of GITEX Technology Week.
The decision to walk away from the merger comes four months after the banks agreed terms of the share-swap ratio for the deal. (Twitter)
October 17, 2016 - 09:00 GMT
A proposed merger that would have created Oman's second largest bank has been scrapped as talks between Bank Dhofar and Bank Sohar collapse.