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SABB named 'Saudi Arabia's Best Bank 2021' for second year in row

Updated 14 June 2021
June 14, 2021 19:36
The household TV used to be the dominant medium for entertainment but the rapid growth of the internet in recent decades has chipped away at this, even causing many families to cut the cord. Smartphones and laptops have largely taken the place of traditional TVs, and many households have come to regard their TV as a decorative ornament, rather than an essential device.
The release of the next-generation TV the Huawei Vision S turns the notion of the traditional TV on its head, making groundbreaking cross-screen capabilities and intelligent features broadly accessible, via the new HarmonyOS operating system. ....

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SABB wins "Saudi Arabia's best bank 2021" award

SABB wins "Saudi Arabia's best bank 2021" award
zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.

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Hitachi in Viet Nam: Smart City - The urgent solution for a better world

Hitachi in Viet Nam: Smart City - The urgent solution for a better world
The COVID-19 pandemic has dramatically changed lives and economies around the globe, requiring governments to seek new urban management technologies and solutions to address the current crisis as well as promote economic growth in the post-pandemic period. One of the initiatives taken is the implementation of smart cities.[1]
The pandemic has shown the importance of smart cities where digital technology will help facilitate remote work and conduct financial transactions, which is crucial to keeping urban economies running.
In Southeast Asia, smart cities will play an increasingly important role in generating economic growth and tackling complex urban challenges. According to a report by McKinsey Global Institute[2], smart cities are expected to create 1.2 million - 1.5 million new jobs, prevent 260,000-270,000 kilotrons greenhouse gas emissions, and save somewhere between US$9-16 billion living ex ....

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Smart City - The urgent solution for a better world - Brand-info - Vietnam News | Politics, Business, Economy, Society, Life, Sports

The COVID-19 pandemic has dramatically changed lives and economies around the globe, requiring governments to seek new urban management technologies and solutions to address the current crisis as well as promote economic growth in the post-pandemic period. One of the initiatives taken is the implementation of smart cities.
....

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SABB reports net profit of $259m for Q1

The Saudi British Bank (SABB) recorded a net profit after Zakat and income tax of SR970 million ($259 million) for the three months ending March 31. This is a decrease of SR1 million or 0.1 percent compared to SR971 million for the same period in 2020.
The operating income was SR2.01 billion for the three months ending March 31, a decrease of SR361 million or 15 percent, compared to SR2.37 billion for the same period in 2020.
The loans and advances stood at SR156.7 billion on March 31, an increase of SR1.5 billion or 1 percent from SR155.2 billion on March 31, 2020.
The customers’ deposits amounted to SR183.7 billion for the first quarter of 2021, a decrease of SR4.6 billion or 2.4 percent compared with SR188.3 billion for the same period last year. ....

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