Saudi Banks Upgrade Systems to Align with New Commercial Regulations
The Saudi Central Bank has instructed all banks and financial institutions in the Kingdom to update their internal technical systems…
Tag: FINANCE
Beijing accuses USA of ‘misleading the public’ about trade talks
BEIJING – China’s foreign ministry urged Washington on Friday to stop “misleading the public” on bilateral tariff negotiations, and said…
China Denies It Is Currently in Talks with Washington over Tariffs
Beijing on Thursday denied it has held trade talks with Washington despite repeated comments from the US government suggesting there…
China’s President Xi Says Tariffs and Trade Wars Hurt World Economic Order
Chinese President Xi Jinping said on Wednesday that tariff and trade wars undermine the legitimate rights and interests of all…
Saudi Social Development Bank passes $43.2 Billion Total Financing
The Saudi Social Development Bank has announced that its total financing since inception has exceeded SAR162 billion (USD43.2 billion), benefiting…
Qatar National Bank Completes Unsecured $2 bn Asian Loan
Qatar National Bank (QNB) Group, a Qatari public company, announced on Sunday the successful closing of a $2 billion unsecured…
Asia Shares Jump after US Stocks Soared as Trump Paused Most of His Tariffs
World markets soared on Thursday, with Japan’s benchmark jumping more than 9%, as investors welcomed US President Donald Trump’s decision…
Saudi Market Rises as Investors Absorb Tariff Shock
Gulf markets trimmed their losses on Monday, with the Saudi stock index erasing earlier declines and turning positive, driven by…
Donald Trump tariff list: What is a reciprocal tariff? What countries were on Trump’s US tariff board?
Donald Trump has announced sweeping tariffs on all of the US’s trading partners, with 10 per cent set as a…
Dollar Drifts as World Braces for Trump’s Reciprocal Tariffs
The dollar wobbled on Tuesday after a bruising quarter as weary investors braced for reciprocal tariffs from US President Donald…