- The net profit for the same period last year was $738m.
The bank said the total operating profit grew 19 percent to SAR 6,966 million and net special commission income grew 19 percent to SAR 5,117 million.
SABB’s shareholders’ equity remained stable at SAR 53 billion with total assets of SAR 300 billion, said Lubna Olayan, Chair of the Board of Directors SABB.
- The United Arab Emirates is set to host three healthcare events next week in Dubai where over 4,000 healthcare professionals...
Over 4,000 healthcare professionals and participants are expected to attend.
Around 140 expert speakers will deliver 110 scientific sessions and over 40 participating countries will also be present.
- The decision comes right after President Recep Tayyip Erdogan said the central bank would keep cutting rates every month for...
The Turkish central bank said it was cutting its one-week repo rate to 10.5 percent from 12 percent
President Erdogan wants interest rates to lower down to single digits by the end of the year
- Riyadh, Saudi Arabia--Aramco said on Thursday it has launched Taleed program to accelerate the growth of Small and Medium Enterprises...
Aramco said the program targets sustainable SME growth across multiple sectors through a portfolio of 20 initiatives.
It also aims to deliver funding and financial solutions to existing and new businesses through five funds, with a combined capital exceeding $800 million.
- Dubai Electricity and Water Authority (DEWA) recorded substantial growth of 22 percent in investments allocated to transmission substations during the...
From January this year to June 2022, DEWA commissioned a new 400 kV transmission substations.
Now the total number of 400 kV transmission substations in Dubai has risen to 26.
- The game merges Nintendo's Mario, the Italian plumber who has given his name to an entire universe of games, with...
The first game in the series, "Mario + Rabbids: Kingdom Battle", has garnered more than 10 million players since its release in 2017, said Manzanares
The idea of fictional universes colliding is far more developed in cinema franchises and comic books than in video games
- The decline came amid reports of economic slowdown.
There were over 6.5 million shares traded by 11:37 a.m. local time, with the average volume on the stock declining since it was listed
The decline came in reaction to fears of an economic slowdown amid tighter monetary policy, causing global financial markets to see volatility





















