Tag: Saudi Arabia Business News
Saudi’s NCB record a 24% rise in Q3 net profits
National Commercial Bank (NCB), a leading financial institution in Saudi Arabia, posted a 24 percent increase in third-quarter net profit as net commission income...
Saudi startup Foodics initiates $100mn for SME support
Foodics, a Riyadh-based F&B and retail technology startup, has launched a $100 million microloan fund to support small and medium-sized enterprises (SMEs).
The Saudi Arabia-based...
We need to explore all options to curb emissions: Saudi Energy...
Speaking at the virtual Singapore Energy Summit event, Saudi Arabia's Minister of Energy Prince Abdulaziz Bin Salman stressed the need to explore all possible options...
Saudization spikes in the Kingdom’s private sector in Q3
Saudi Arabia's private sector has witnessed an increased percentage of Saudization during the third quarter of 2020, according to the latest figures of the...
Saudi-Bahrain non-oil trade shows 43% increase in Q3
The non-oil trade between Saudi Arabia and Bahrain has soared 43 percent to $688.4 million in the 3rd quarter of 2020 compared to $481...
Saudi Arabia unveils SR20 note to mark G20 presidency
The Saudi Arabian Monetary Authority (SAMA) will launch a Saudi Riyal (SR) 20 banknote, to indicate the occasion of the Kingdom’s presidency of the...
Beware of financial frauds: SAMA warns bank customers
The Saudi Arabian Monetary Authority (SAMA), the central bank, has warned bank customers, citizens and expatriates of the Kingdom about the financial frauds being...
Saudi Arabia to launch new special economic zones for varied sectors
Saudi Arabia is reportedly planning to launch a series of special economic zones focused on logistics, biotechnology, maritime industry, chemical industry, manufacturing and others...
