Business & Economy
Saudi National Bank’s $1.25bn dollar-denominated Sukuk oversubscribed
Saudi National Bank’s (SNB) issuance of US$1.25 billion in dollar-denominated Tier 2 notes, at a profit rate of…
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Khalid Mansour
Khalid Mansour covers Saudi Arabia’s economic transformation, Vision 2030, Riyadh’s development agenda and companies shaping the Kingdom’s next phase.
Latest by Khalid Mansour
Business & Economy
Saudi bank profits hit $21.3bn in 2024 amid fast growth and low risk
Net income at banks in Saudi Arabia improved to SR21.5bn ($5.7bn) in Q4 2024, compared to SR20bn ($5.3bn)…
Business & Economy
Saudi bank credit crosses SAR3 trillion in January 2025
The total bank credit extended to the public and private sectors in Saudi Arabia reached SAR3,005,946 million by…
Business & Economy
Checkout.com, Tabby in partnership to boost BNPL adoption for merchants in UAE, Saudi Arabia
Checkout.com, a leading global digital payments solutions provider, partnered with Tabby, the financial services and shopping app, to…
Business & Economy
GCC banks to thrive as GDP tipped to hit 3.5% as UAE and Saudi lead growth
The expansion of gas production in Qatar, implementation of economic transformation projects in of Saudi Arabia and non-oil…
Business & Economy
ACWA Power secures $200mn loan for its new HQ in Riyadh
ACWA Power has secured a seven-year SAR750 million (US$200 million) Shariah-compliant loan facility from Alinma Bank to build…
Aviation & Logistics
Irish food and drink exports to Middle East and Africa hit $624m in 2024
Ireland’s food and drink exports to the Middle East and North Africa (MENA) region reached €546.9 million ($624m)…
Saudi Arabia
OPEC+ countries announce oil production increase
OPEC+ countries have announced a significant increase to oil production levels in July. The eight OPEC+ countries, which…