1 Saudi Arabian Oil Company $1.809 T Saudi Arabia Saudi Arabian Energy Saudi Arabian Oil & Gas Integrated 2 Al Rajhi Banking and Investment Corp $84.87 B Saudi Arabia Saudi Arabian Financials Saudi Arabian Banks—Regional 3 Saudi Basic Industries Corp $59.17 B Saudi Arabia Saudi Arabian Basic...
China is a net exporter of goods, with much of that foreign trade being conducted in U.S. dollars. Chinese companies thus receive U.S. dollars but must convert them into Chinese currency via the banking system. The banks then reconcile these with the central bank. The central bank then us...
Private banks and wealth management firms have been quick to tap into the market, with a number of finance houses shifting their focus to wealth management following the credit crisis. Dubai investment bank Shuaa Capital said in October it planned to reinvent itself as an advisory body to the M...
(This Oct. 11 story has been corrected to remove Saudi Arabia as a member of BRICS, in paragraph 4. Saudi Arabia has been invited to join, but is not currently a member) By Gleb Bryanski MOSCOW (Reuters) - Most finance ministers and central bank chiefs from the BRICS group of cou...
We guide you from start to finish, taking you beyond your citizenship or residency by investment application. Frequently Asked Questions about the Richest Countries What are the richest countries in the world? The Top 10 Richest Countries in the World by GDP per Capita are: Luxembourg –$128,...
Dozens of bankers from Citigroup to JPMorgan Chase & Co descended on the heart of Dubai’s financial district on Thursday to start work on the mammoth initial public offering of Saudi Aramco. Executives from Morgan Stanley and local investment bank Samba Financial Group also tu...
The economic opportunities from the Abraham Accords added up to $2 billion in trade and investment between Emirates and Israel in just three years. "That does not compare to what it will be like if you see a peace deal between Saudi Arabia and Israel, and the message it will send to bil...
As fintech skyrockets in the Middle East, we track the top 10 fintechs to watch in 2023, from all-digital banks to ride-share companies and beyond
profitability and capital. The country’s 10 largest listed banks analysed in A&M’s KSA Banking Pulse are National Commercial Bank (NCB), Al Rajhi Bank, Riyad Bank, Samba Financial Group, Saudi British Bank, Banque Saudi Fransi, Arab National Bank, Alinma Bank, ...
The country’s 10 largest listed banks analysed in A&M’s KSA Banking Pulse are National Commercial Bank (NCB), Al Rajhi Bank, Riyad Bank, Samba Financial Group, Saudi British Bank, Banque Saudi Fransi, Arab National Bank, Alinma Bank, Saudi Investment Bank and Bank...