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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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Banking & Finance

Network International outlines Saudi Arabia expansion strategy

MEA Finance - 0
Network has quickly grown its customer base of processing customers to a total of nine, since entering Saudi Arabia in 2022.
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Banking & Finance

Standard Chartered Bank appoints CEO for banking branch in Saudi Arabia

MEA Finance - 0
Standard Chartered Bank announced the appointment of Yazaid Al Salloom as Chief Executive Officer, Standard Chartered Bank Saudi Arabia, effective 1 August 2020.  Mr....
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