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Societe General becomes first bank to launch USD-backed stablecoin
The USD CoinVertible will be tradable from July
Saudi investment appeal under scrutiny amid Gulf investment race
Saudi needs to balance its USD 1 tn pledge with domestic needs
Digital bank D360 is reportedly looking for investors in 2H 2025 + Dome cancels Nomu IPO
PLUS: Inzaghi leaves Inter, expected to coach Al Hilal
Saudi-listed companies' earnings slightly inch down in 1Q 2025
Despite the slip, key sectors (banking, real estate, and telecom) stayed in the black
Net foreign assets drop to a surplus of SR 1.47 tn in April
The decline was once again driven by a deficit at commercial banks
Saudi banks report second-biggest quarterly growth in net income in the region in 1Q -Kamco
The sector’s top line hit a new record high of USD 34.6 bn during the quarter
China could soon have some global banking giants of its own to match Wall Street
Chinese President Xi Jinping called for efforts to help create “a few top-ranked investment banks and investment entities”
Saudi Awwal Bank, Bank Albilad, Aqaseem tap sukuk markets
Saudi Awwal Bank’s USD-denominated offering featured 3.3k sukuk
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