Saudi Gazette/ Business

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Thursday July 2, 2020 / 11 , Dhu al-Qaadah , 1441

Business

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NCB raises largest Murabaha facility in the Saudi banking sector

JEDDAH — The National Commercial Bank (NCB), Saudi Arabia’s largest bank by assets, has raised a three-year unsecured $1.05bn Murabaha term facility.The first of a kind dual tranche transaction was structured to allow for flexibility on the lenders’ side, with consideration to new Shariah standards set by the Accounting and Auditing Organization for Islamic...

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Saudi Payments measures helped society adapt to COVID-19

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Iran confirms mystery 'incident' damaged nuclear site in Natanz

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Civilians are a red line, Arab Coalition warns Houthis

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‘Hope Probe is an accomplishment for every Arab’

July 1, 2020

Half-year discoveries total 4.9 billion boe, hit by travel bans and budget cuts

July 1, 2020

COVID-19 dampens long-term energy demand and highlights scale of climate emergency

File photo of Central Bank of Oman

July 1, 2020

Coronavirus adds to challenges facing Omani banks: Fitch

July 1, 2020

May air cargo shows slight pickup amid continuing capacity crunch

July 1, 2020

SR16 share price announced for Amlak International’s IPO RIYADH — NCB Capital, financial advisor, lead manager, bookrunner and underwriter for Amlak International’s IPO, announced the successful completion of the book building process for institutions...

July 1, 2020

23% of parents in Saudi Arabia not aware of digital content their children are fond of

July 1, 2020

Economic data over rising COVID cases

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