A Lebanese judge has asked central bank chief Riad Salameh to appear before visiting European investigators, a judicial official said Monday, part of a multinational probe into his personal wealth. The embattled central bank chief faces embezzlement accusations in separate investigations in Lebanon and abroad, looking into the fortune he...
Facebook agrees to pay $725m to settle privacy suit
Facebook parent Meta has agreed to pay $725 million to settle a long-running lawsuit that accused the social network of allowing third parties, including Cambridge Analytica, to access users' private data. The amount was disclosed in a court filing late on Thursday. Facebook has not admitted any wrongdoing as part...
QIB partners with Loop
They will promote eco-friendly alternative to personal cars.
BinDawood CEO resigns
Ahmad BinDawood stepped down due to personal reasons.
Saudi personal finance market posts 4.4% jump to $18.96bn
Saudi Arabia's finance companies have provided a whopping $18.96 billion in personal finance loans to the kingdom's citizens during the first three months of the current year, posting a 4.4 percent jump over the previous quarter.
Nayifat CEO resigns
Al-Sowailem resigned due to “personal circumstances."Abu Dhabi enacts personal status law for non-Muslims
The emirate of Abu Dhabi has proclaimed a new law in order to regulate personal status matters for non-Muslims, providing a mechanism for the determination of personal status disputes.
HSBC MENA’s pre-tax profit at $700m in H1
Economic recovery in the region helps the bank post $386 million profit in the June quarter.
CEO of Saudi Electricity Company quits from top post
The company appointed vice president as its new head until further notice after Al Sudairi quit citing personal reasons
