Many Saudi banks have recently increased their capital, and five others on the financial market: al-Inma, al-Jazira, al-Bilad, Arab National, and Saudi Investment Bank announced their plans to increase capital, which will contribute to a total increase of $4.5 billion, according to analysts. What prompts banks to increase their capital? The head of asset management at Arbah Capital, Mohamed al-Farraj, indicated that this measure aims to adhere to Basel standards, seeking to enhance the banking sector by ensuring capital adequacy to cover credit and operational risks.
Many Saudi banks have recently increased their capital, and five others on the financial market: al-Inma, al-Jazira, al-Bilad, Arab National, and Saudi Investment Bank announced their plans to increase capital, which will contribute to a total increase of $4.5 billion, according to analysts. What prompts banks to increase their capital? The head of asset management at Arbah Capital, Mohamed al-Farraj, indicated that this measure aims to adhere to Basel standards, seeking to enhance the banking sector by ensuring capital adequacy to cover credit and operational risks.
Arbitrary sentences in the Gulf countries are on the rise, despite these countries' claims to openness; other countries boat about winning the right to host a series of major sporting events, while Gulf activists describe the courts that jail prisoners of conscience as “fascist."
History repeats itself and, after more than a decade, food security is again at the top of the agenda of governments worldwide, calling to mind the food crisis of 2007-08. Agriculture, food systems and supply chains are facing multiple challenges: The COVID-19 pandemic, the Russian invasion of Ukraine, natural calamities caused by climate change, supply chain disruption and