JPMorgan Subsidiary To Sell Saudi Investment Bank Stake For 203m Dollors
A subsidiary of JPMorgan Chase agreed to sell its minority stake in Saudi Investment Bank for 759.3 million riyals ($203 million), Saudi Investment Bank said in a statement on Sunday.
JPMorgan Inte...
June 26, 2018901Category: FINANCE
Tap Offering Completed For Saudi Sukuk Program - Ministry Of Finance
The Ministry of Finance announced Thursday that it has completed a tap issuance of additional investors applications on its domestic issuance under the Saudi Arabian government SR-denominated Sukuk Pr...
June 30, 2018949Category: FINANCE
London Forum Focuses On Saudi Fintech Future
Investment opportunities in Saudi Arabia’s growing financial technology sector were highlighted during a London forum that attracted entrepreneurs, monetary funds, banks and financial institutio...
July 15, 20181014Category: FINANCE
Saudi Ministry Launches E-service For Financial Cases, Court Orders
The Saudi Ministry of Interior has launched an online tracking service for inquiries about cases and court orders within the Kingdom.
The new service will allow users to check if they have any pend...
January 17, 2019638Category: FINANCE
Saudi Finance Ministry Warns Against Cryptocurrencies
The Ministry of Finance (MOF) has warned against making transactions or investments in virtual currencies, including crypto currencies, as they are not recognized currencies or assets in the Kingdom.
...
August 24, 2019501Category: FINANCE
Fawri Money Transfer Branch Timings
Today's schedule that will succeed the following days.
(April 11 onwards) This schedule are subject to change.
‼️ Branch not on the list is CLOSED.
‼️‼️‼️ MGA KABABAYAN, PAG W...
April 13, 20209394Category: FINANCE
Free International Money Transfer With AlBilad, Enjaz Electronic Channels
The electronic channels of Bank Albilad like Enjaz App, Albilad mobile App, Albilad Net banking and ATM allows you to transfer money internationally without any charge, which means it will be free
...
May 14, 20201999Category: FINANCE
Gold Prices And The Russia/Ukraine Conflict
Natural gas, gold, and other commodities trading have been on a rollercoaster lately because of the Russia/Ukraine Conflict. Here’s what you need to know.
The Search for a Safe Haven
Ten d...
April 28, 2022833Category: FINANCE
Saudi Arabia May Reduce Value Added Tax In The Future - Finance Minister
According to Saudi Arabia's Finance Minister, Mohammed Al-Jadaan, the Kingdom will consider reducing the VAT rate (Value Added Tax) 'ultimately', but for now we are still filling up the re...
May 25, 2022430Category: FINANCE
Report: Saudi Arabia Injects 50 Billion Riyals Into Liquidity-starved Banks
According to people familiar with the matter, the Saudi Central Bank deposited about 50 billion riyals ($13 billion) with commercial lenders to ease the worst liquidity crunch in over a decade.
The...
June 26, 2022324Category: FINANCE
A Few Things You Should Know About Forex Trading
The forex market revolves around the trading of currencies from all over the world. Basically, you trade currency pairs, and you make your trades based on how the values of the currencies will change ...
October 03, 20222751Category: FINANCE
Decline In Expat Remittances Hits 5-Year Low: Insights And Implications
Expat remittances in Saudi Arabia witnessed a notable downturn, marking the lowest levels in half a decade by the close of 2023.
According to data sourced from the Saudi Central Bank (SAMA) and ana...
February 06, 2024403Category: FINANCE