Saudi banks’ investments in treasury bonds increased by about SAR 51.6 billion year-on-year (YoY) to SAR 591.9 billion in ...

Kuwait equities outperformed global and GCC markets driven by the anticipation of strong earnings of banking stocks and the increased deal activity in the energy and real estate sectors, with most ...

By bnm Tehran bureau Saudi Arabia's first digital bank D360 has attracted more than 600,000 customers since launching operations in December 2024, Al-Eqtisadiah reported on February 2. The new bank ...

The split came into clear focus on Friday, the first day Fed officials spoke publicly in the wake of the decision earlier in the week to hold its benchmark interest rate steady in a range of 4.25%-4.5 ...

In late December, Maysaa Sabreen was appointed caretaker governor of the Central Bank of Syria. Sabreen stepped up from ...

Already, the fragile deal has come under considerable stress, and it could collapse in the weeks to come. Yet for the time ...

The price tag for Saudi Arabia’s ambitious plans runs into the trillions of dollars if fully built, far more than the country’s $1 trillion wealth fund. The U.K., Italy and Japan have already ...

Saudi Arabia's economy returned to growth in 2024, with real gross domestic product increasing 1.3% compared to the previous ...

The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump called on the central ...

By bnm Gulf bureau STC Bank has received regulatory approval from the Saudi Central Bank (SAMA) to commence operations as a digital bank following successful completion of its pilot phase, the bank ...

The Riksbank cut its key interest rate by a quarter of a percentage point to 2.25%.

Saudi National Bank (SNB), the kingdom's largest bank by assets, posted on Wednesday a 5.9% rise in net profit for 2024, boosted by higher operating income.