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Banking & Finance

Jersey Finance partners with the Saudi British Joint Business Council

MEA Finance - 0
Jersey has been a leading international finance centre for more than 60 years, offering a forward-thinking and ESG-driven approach across the banking sector
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Banking & Finance

SAMA regulations enhance Saudi Islamic banks’ Sharia governance, Fitch says

MEA Finance - 0
The regulations issued cover profit-sharing investment accounts and aim to enhance Sharia compliance
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Banking & Finance

Citi, Emirates NBD partner to launch US cross-border payments

MEA Finance - 0
Emirates NBD will fully utilise Citi’s 24/7 USD clearing capabilities, including commercial payments and execution of treasury payments
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Banking & Finance

Emirates NBD, Pine Labs partner to strengthen merchant acquiring solutions

MEA Finance - 0
The bank plans to deliver cutting-edge merchant-acquiring processing solutions for its clients in the UAE, with plans to expand to Saudi Arabia and Egypt
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Insurance

ADNIC completes acquisition of 51% stake in Allianz Saudi Arabia

MEA Finance - 0
ADNIC has been actively exploring opportunities and expanding its geographical footprint as part of its growth strategy
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Banking & Finance

UAE’s ADCB obtains banking licence from Saudi Central Bank

MEA Finance - 0
The bank will provide a comprehensive range of services for corporate and institutional clients, including financing and working capital solutions
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Banking & Finance

Oman’s Sohar International secures Saudi banking licence

MEA Finance - 0
The bank’s expansion is poised to catalyse job creation, facilitate knowledge exchange, and promote skill development
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Banking & Finance

Alrajhi Bank, American Express Saudi Arabia partner to expand ATM access

MEA Finance - 0
The two entities recently entered into an agreement allowing Alrajhi Bank’s POS network to accept payments made using American Express cards
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Banking & Finance

Gulf International Bank raises SAR 1.5 billion from debut Tier 2 Sukuk

MEA Finance - 0
The bank’s Sukuk programme is aligned with its strategic objectives to facilitate balance sheet growth
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Banking & Finance

Saudi Awwal Bank, Mastercard partner to offer secure digital transactions

MEA Finance - 0
The bank will leverage Mastercard’s advanced AI-based cybersecurity technology to prevent payment fraud
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