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National Commercial Bank

National Commercial Bank latest

Saudi Arabia: Two Largest Commercial Banks End Merger Talks
December 18th, 2019 - 07:34 GMT

Saudi Arabia: Two Largest Commercial Banks End Merger Talks

The boards of directors of the two largest banks in Saudi Arabia, in terms of capital, have announced their final decision to formally end the year's discussions on their merging. This announcement ends the idea of forming the largest commercial bank in Saudi Arabia and the region. Following the end of transactions on Monday, the Saudi Stock Exchange (Tadawul) announced Saudi Arabia’s biggest lender by assets, National Commercial Bank (NCB) ...
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Saudi Arabia: Stock Market Witnesses a Sixth Straight Session of Gains
November 25th, 2019 - 07:43 GMT

Saudi Arabia: Stock Market Witnesses a Sixth Straight Session of Gains

The Saudi market rose 2 per cent, extending gains for a third straight session with all banking stocks higher.
October 21st, 2019 - 10:27 GMT

Saudi Stock Market Soars While Other GCC Markets Plummet

Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman speaks during the opening ceremony of the 24th World Energy Congress (WEC) in the UAE capital Abu Dhabi on September 9, 2019. In his first comments since being appointed by his father King Salman, the minister signalled no major change in approach in Saudi Arabia, the de facto leader of OPEC which pumps about a third of the cartel's oil.
September 10th, 2019 - 07:18 GMT

Saudi Arabia Plans to Enrich Uranium for Nuclear Power

Saudi Arabia Central Bank Governor: No More Bank Mergers For the Time Being. (Shutterstock)
February 24th, 2019 - 10:57 GMT

Saudi Arabia Central Bank Governor: No More Bank Mergers For the Time Being

Qatar stocks led losses across the Gulf on Sunday as the Turkish currency crisis unsettled investors. (AFP)
August 13th, 2018 - 09:51 GMT

Qatar Shares Slump Due to Turkey’s Currency Plummet

Saudi citizens will be able to access cheaper and more accessible mortgages at fixed rates under an initiative launched Wednesday by the Saudi Real Estate Refinance Company. (Shutterstock)
August 9th, 2018 - 08:28 GMT

Accessible Mortgages to Stimulate Property Ownership in Saudi Arabia

Four Egyptian companies among its list of 100 most powerful public companies in the Middle East and North African regions.
June 20th, 2018 - 08:29 GMT

4 Egyptian Companies Among the Top 100 Powerful in the MENA

SABB, which is 40 percent owned by HSBC Holdings, and Alawwal said in April last year they had agreed to start talks on the merger. (Courtesy of SABB)
May 20th, 2018 - 08:15 GMT

Third Largest Bank in Saudi Arabia to Be Created With Alawwal and SABB Merger

 (AFP/ File Photo)
May 17th, 2018 - 08:48 GMT

Saudi Arabia to Open Historic Hanafi Mosque in Jeddah Next Year

The Abu Dhabi stock market index edged up on Sunday after Adnoc outlined plans for the IPO of its distribution unit. (AFP/ File)
November 21st, 2017 - 06:00 GMT

Stock Markets in Middle East Fell This Week, Except for Abu Dhabi

Profitability at the five largest Saudi banks could be pressured going into 2018, according to Moody's. (File photo)
August 13th, 2017 - 11:14 GMT

Saudi Banks to Face Profitability Pressures in 2018: Moody's

The report shows that Saudi Telecom Company (STC) is the most valuable brand in the country worth $6.6 billion. (Shutterstock)
March 30th, 2017 - 11:32 GMT

STC, Al Rajhi Bank most valuable brands in Saudi Arabia: Report

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