The establishment of bullion banks needs good risk management and close oversight. It could have systemic implications.

Saudi Awwal Bank has been awarded the Sustainability Program of the Year 2024 at the Capital Markets Forum (CMF), organized by the Saudi Stock Exchange Group (Tadawul).This achievement makes SAB the ...

The investment bank said VLGC rates have gained 30% week-on-week in both the Atlantic basin and Asia. "The increase in rates ...

The attack came on the eve of talks between Ukrainian and US officials in Saudi Arabia that both sides hope ... event of a ceasefire there. The long list of participants in Tuesday's discussions ...

The Kremlin said on Wednesday it would review details from Washington about a proposal for a 30-day ceasefire in Ukraine before responding, while US Secretary of State Marco Rubio hoped a deal would ...

Called Al Waha, the first Saudi-owned travel retailer will be straddling all channels from airports and seaports to ...

Global ratings agency S&P raised Saudi Arabia's rating to 'A+' from 'A' with a stable outlook on Friday, underpinned by the ...

Saudi banks are set for a stronger start to 2025, with their asset-quality metrics expected to “remain strong” throughout the year, Fitch Ratings said in its latest report. The agency noted that lower ...

India is a major contributor to applications for Riyadh Air, Saudi Arabia's upcoming second national carrier. Despite not ...

Zelenskyy also confirmed that he will travel to Saudi Arabia next week, where he will meet Crown Prince Mohammed bin Salman on Monday. On Tuesday, Ukrainian diplomatic and military representatives ...