Chinese banks dominate the world’s top 10 banks by net profit, but their profit growth lagged behind US and UK banks, mainly due to rate cuts, narrowing profit margins. Industrial and Commercial Bank ...

Saudi Arabia's benchmark index gained 0.5%, led by a 1.6% rise in Al Rajhi Bank and a 1.4% increase in Saudi Telecom Company ...

Further solidifying the conference's impact, H.E. Al-Rajhi announced the launch of the Labor Market Academy, a GLMC collaborative initiative with the World Bank and Takamol Holding, aimed at equipping ...

The Global Labor Market Conference (GLMC) 2025 successfully concluded its Second Edition at the King Abdulaziz International ...

Five Saudi banks reported record profit growth in 2024, an increase of approximately 12% compared to the previous year, with total earnings exceeding $14 billion (SAR53 billion). The banks include Al ...

On the other hand, Mesaieed Petrochemical Holding Co rose 1.9% ahead of the firm reporting its 2024 results. Outside the Gulf, Egypt's blue-chip index gained 0.4%, with Talaat Moustafa Holding gaining ...

Stock markets in the Gulf ended mixed on Thursday ahead of more corporate earnings, with the Dubai index ending ...

Saudi Arabia has launched the Global Labor Market Academy in partnership with the World Bank, reinforcing its commitment to ...

Saudi National Bank (SNB) and Al Rajhi Bank, the two largest lenders listed on the Saudi Exchange (Tadawul), announced today, ...

By bnm Gulf bureau Al Rajhi Bank, Saudi Arabia's largest Islamic lender, reported a significant increase in annual profits for 2024, with net income rising 18.6% to SAR19.7bn ($5.25bn), up from SAR 16 ...

Most Gulf stock markets ended lower on Wednesday as disappointing corporate earnings dampened investor sentiment, although ...

Shares of Al Rajhi Bank (TADAWUL:1120) climbed 3.2% following the release of its latest financial results, which showcased a ...