EFG Hermes, the Egyptian investment bank, has appointed Khalid AlSweilem as chairman of its Saudi Arabian arm, EFG Hermes KSA. He is chief global sovereign funds adviser at Ninety One Asset Management ...

Saudi Electricity Co. (SEC) intends to issue senior unsecured USD-denominated sukuk under its international sukuk issuance ...

Valour and DeFi Technologies' sponsorship of the CMF 2025 underscores their strategic commitment to expanding their presence in the Middle East and in the Kingdom of Saudi Arabia more specifically.

Saudi Arabian Mining Co. (Maaden) plans to offer US-dollar-denominated trust certificates under its International Trust ...

Doha, Qatar – HSBC has announced plans to move its Qatar Head Office to Msheireb Downtown Doha. The bank opened its first ...

Steven Gerrard’s dismal 18-month spell in Saudi Arabia came to an end this week as he and Al-Ettifaq parted ways. Gerrard was appointed Al-Ettifaq’s manager in the summer of 2023 amid the ...

Featured here, the Income Statement (earnings report) for HSBC Holdings PLC, showing the company's financial performance from operating and non operating activities such as revenue, expenses and ...

According to LSEG data, HSBC earned the most investment banking fees in MENA during 2024, a total of $107.3 million, or a 7% share of the total fee pool. “We have substantial issuances on local ...

One of the largest banks in the U.S. Bank of America is also one of the biggest mortgage lenders, with a reputation for stellar customer service and low rates. We love that, besides a well ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

Saudi Arabia's benchmark index, however, gained 0.3%, helped by a 3.3% rise in Al Rajhi Bank after the lender reported an 18.7% surge in its net profit to 19.72 billion riyals ($5.26 billion ...

HSBC’s latest financial results showed that its global investment banking operations represented 6% of total revenues for the latest half-year (Matt Crossick/PA) HSBC is to shut down parts of ...