Business

Lazard set to hire Citigroup’s Saudi Arabia CEO: Bloomberg

Fri, 2022-09-16 16:47 RIYADH: Financial services company Lazard is set to hire Citigroup’s Saudi Arabia CEO Wassim Al-Khatib to support…

4 years ago

European stocks set for weekly loss as global economic outlook worsens

Fri, 2022-09-16 14:26 LONDON: European stocks fell on Friday and Wall Street was set to open lower as investors braced…

4 years ago

US Treasury recommends exploring creation of a digital dollar

Fri, 2022-09-16 14:09 WASHINGTON: The Biden administration is moving one step closer to developing a central bank digital currency, known…

4 years ago

Egypt remittances fell 14.7% in July despite 2022 growth

Fri, 2022-09-16 13:47 RIYADH: Egypt remittances dropped 14.7 percent in July compared to the same period last year, coming in…

4 years ago

Kuwait’s Al-Zour refinery to begin exports in last quarter: MEED

Fri, 2022-09-16 13:02 RIYAD: State-owned Kuwait Integrated Petroleum Industries Co.expects to start export of refined products from its $16 billion…

4 years ago

SAMA licenses two fintech payment firms, bringing total to 21

Fri, 2022-09-16 11:57 RIYADH: The Saudi Central Bank has licensed Arab Sea Financial Co. and Fatoorah as financial technology firms…

4 years ago

Oil ticks up on correction, on track for weekly loss on recession fears

Fri, 2022-09-16 08:09 SINGAPORE: Oil prices edged higher on Friday but were on track for a weekly decline amid fears…

4 years ago

Shell picks Lebanese gas veteran Sawan as CEO to lead transition

ID: 1663274057183046700Thu, 2022-09-15 11:35 LONDON: Shell has turned to the head of its gas and renewables business to drive its transition…

4 years ago

e& becomes founding partner of Formula 1 Etihad Airways Abu Dhabi Grand Prix

Thu, 2022-09-15 17:36 ABU DHABI: e& announced on Thursday a multi-year strategic partnership with Abu Dhabi Motorsports Management as a…

4 years ago

Oman’s OQ picks Bank of America and Bank Muscat for $800m gas pipeline IPO

Thu, 2022-09-15 16:50 RIYADH: Oman energy company OQ has selected Bank of America and Bank Muscat to assist in the…

4 years ago