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NCB, Samba complete historic merger; set up new entity SNB

NCB, Samba complete historic merger; set up new entity SNB MANAMA, 3 days ago Leading Saudi banks - National Commercial Bank (NCB) and Samba Financial Group (Samba) - has announced the formal completion of their historic merger to create a new regional financial powerhouse - Saudi National Bank.    The banking group began trading as a single listed entity under the new combined entity name, Saudi National Bank (SNB), on the Saudi bourse Tadawul from today (April 1).    With over SR896 billion ($239 billion) in total assets, SR127 billion ($34 billion) in shareholders’ equity, and a combined net profit of SR15.6 billion ($4.2 billion), Saudi National Bank is the largest bank in Saudi Arabia with 30% market share across all metrics. 

Saudijska aktivistkinja osuđena na pet godina zatvora: Borila se za prava žena

Saudijska aktivistkinja osuđena na pet godina zatvora: Borila se za prava žena
telegraf.rs - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraf.rs Daily Mail and Mail on Sunday newspapers.

Al Akaria inks deal with Saudi National Housing Company

Al Akaria inks deal with Saudi National Housing Company RIYADH, December 23, 2020 Leading Saudi developer Al Akaria said it has signed a partnership agreement with National Housing Company, the investment arm of the Saudi Ministry of Housing, to help boost ownership among Saudi nationals.   As per the deal, the ministry s beneficiaries will get an opportunity to own residences within its 557-unit Al Dhahia project being developed over a 430,300 sq m area in east Riyadh, said the company in its filing to Saudi bourse Tadawul.   Located in Rimal district of the Saudi capital. Al Dhahia project is a semi-gated residential and commercial complex that brings a new style of integrated living to Riyadh by offering residential units, commercial space as well as retail and leisure amenities integrated into one community.

KSA Business: Saudi Jabal Omar sells prime Makkah plot for $221m

KSA Business: Saudi Jabal Omar sells prime Makkah plot for $221m
gdnonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gdnonline.com Daily Mail and Mail on Sunday newspapers.

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