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National Commercial Bank

National Commercial Bank latest

Saudi Arabia: Two Largest Commercial Banks End Merger Talks
December 18th, 2019 - 07:34 GMT

Saudi Arabia: Two Largest Commercial Banks End Merger Talks

The boards of directors of the two largest banks in Saudi Arabia, in terms of capital, have announced their final decision to formally end the year's discussions on their merging. This announcement ends the idea of forming the largest commercial bank in Saudi Arabia and the region. Following the end of transactions on Monday, the Saudi Stock Exchange (Tadawul) announced Saudi Arabia’s biggest lender by assets, National Commercial Bank (NCB) ...
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Saudi Aramco's IPO is scheduled in the second half of 2018. (AFP/Fayez Nureldine)
March 23rd, 2017 - 11:03 GMT

Saudi Aramco chooses Islamic bonds in the run-up to its much-anticipated IPO

The appointments come in line with a goal outlined in the Saudi Vision 2030 reform plan to increase the participation of women in the workforce from 22 percent to 30 percent.  (Arab News)
February 22nd, 2017 - 11:00 GMT

Saudi women blaze a historic trail in finance

Suhaimi, who became the first female chief executive of a Saudi investment bank when she took that post at NCB Capital in 2014, is one of only a few women with a top job in Saudi finance. (AFP/File)
February 20th, 2017 - 05:00 GMT

Saudi Arabia's Stock Exchange to Be Chaired by Sarah Al-Suhaimi

The growth in Saudi's oil sector is driven mainly by record oil production that remained above the 10 million bpd level throughout 2016.(File Photo)
August 7th, 2016 - 04:16 GMT

Saudi oil sector increases by 5.1 percent

Investors expect turbulence in the markets at least until Britain elects a new Prime Minister. (File photo)
June 27th, 2016 - 08:00 GMT

Gulf stocks plunge amid Brexit uncertainty

The threat to local retailers might turn into an opportunity if these companies restructured their balance sheets and concentrated on niche markets, one economist says. (Mall of Arabia)
June 15th, 2016 - 07:00 GMT

Saudi Arabia: Law permitting 100 percent foreign investment in retail will boost sector

The sovereign action reflects the ongoing negative impact of lower oil prices on Saudi’s fiscal position 
and economic strength. (Argaam)
May 19th, 2016 - 05:00 GMT

Moody's downgrades nine Saudi banks

The Deputy Crown Prince refused to be drawn into comments about the US presidential candidate Donald Trump. (File photo)
April 7th, 2016 - 09:42 GMT

Saudi's National Transformation Plan: The Bloomberg interview with Deputy Crown Prince Muhammad Bin Salman, in full

Deputy Crown Prince Mohammed bin Salman.  (File photo)
April 3rd, 2016 - 03:48 GMT

Saudi investment fund to be worth more than $2 trillion after Aramco IPO

Al Bawaba
November 2nd, 2015 - 12:00 GMT

NCB Capital acquires majority stake in SRMG as Saudi's Prince Alwaleed divests his shares

Al Bawaba
April 23rd, 2015 - 08:50 GMT

An impending bonanza: who will be investing the most in Saudi Arabia's opened up stock market?

 In some stock markets such as Qatar, Islamic investors with few options to choose from can reward sharia-compliant firms by piling into their shares.
March 23rd, 2015 - 08:40 GMT

First banks, now companies: Gulf firms 'go Islamic'

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