One of the biggest names in the stricken financial sector calls for 'hope' amid the crisis that has reduced millions to poverty and ruined the country's reputation. There is now a detailed plan.
Islamic finance encompasses Islamic securities (Sukuk), banking, leasing, Islamic insurance (takaful) and financing. Islamic financial markets have been a subject of talks for the past decade. This…
Iranian state television reported that “thieves cut into the vault of a branch of Bank Melli (Persian for National Bank) from a neighboring building in Tehran.” As a result, hundreds of Iranians lost…
With the announcement of Fahad Al Mubarak, Governor of the Saudi Central Bank, about the Kingdom’s intention to license more digital banks, the Saudi banking community should be ready for the…
At the end of July, Saudi banks posted their results in the second quarter for the current year (April through June 2021). The Q 2 earnings are 10 times the ones achieved in the same period last year…
Standard Chartered Bank, a British banking and financial services company founded in 1969, started operation of its first branch in Riyadh, Saudi Arabia, around the middle of last May.
The Saudi…
Al Majalla examines the repercussions of Hamas's attack on Israel, which set into motion a series of significant changes and power shifts in the Middle East
Only 4% of 119 members selected in the indirect vote were women, and only two Christians, sparking concerns about inclusivity and fairness. Meanwhile, voting was postponed in Druze and Kurdish areas.
Trump may be willing to accept global isolation to keep supporting Israel, but at some point, he may conclude that he isn't getting enough from Netanyahu in return
After being hit by tariffs from its Washington ally, Brussels is seeking to diversify its business partners. Across the Mediterranean Sea, states offer labour, materials, and markets
Mohammad Qundus uses the fragments of former lives in his latest exhibition that seeks to reaffirm the Palestinian presence of today and its connection to the past