Banking & Finance
Shariah-compliant assets in continent comprise 2 percent of global figures
Kingdom forecasts a 4.4 percent GDP growth in 2024
Bank's Q2 profit up 61 percent
Future growth will be driven by digitizing businesses
A nearly triple increase from 2021
With an interest rate of 5.7550 percent
25 Key entities join together to deliver Abu Dhabi Finance Week 2023
Egyptian government to launch $5 bn in projects
Boost in reserves highlights strengthening Saudi financial position
Six major banks collectively dedicated over $51.8 bn in green financing
Downgrade of American lenders to resonate throughout the financial ecosystem
An opportunistic credit investor creates attractive pricing, stronger structures, to mitigate downside risks
Lender to focus on digitization and innovation over next five years
H1 2023 gross written premiums increased to $1.2 bn
Kingdom appointed Chinese bank ICBC coordinator and bookrunner
We're putting more boots on the ground in the GCC
EFG Hermes has over 40 years experience in region. nearly 17 years in Saudi
Financing benefits from strong domestic deposit base
Due to rise in investment firms, hedge funds
UAE-based bank investments reached $157 bn at end of July 2023
Company has a 95 percent market share in Saudi’s cargo handling sector
Banks benefit from higher interest rates, non-oil economy
