RIYADH: Profits in the Saudi banking sector dropped 3.2 per cent in the second quarter of this year compared to the same period last year, the Anadolu Agency reported yesterday.
Profits this year were reported to be 11.7 billion Saudi riyals ($3.13 billion) compared to 12 billion riyals ($3.2 billion) in the same period last year, Turkey’s Anadolu news agency reported Thursday. Saudi Arabia has 12 domestic banks and 12 foreign banks.
KARACHI: Pakistan’s foreign exchange reserves have reached an all-time high, with the country’s total dollar reserves crossing $26 billion for...
KARACHI: Karachi and Lahore chambers agree to strengthen coordination, promote investment, reduce business costs and support export growth. The Karachi...
KARACHI: The State Bank of Pakistan (SBP) is likely to launch a new remittance incentive scheme from early next month...
LAHORE: Small and Medium Enterprises Development Authority (SMEDA) has entered into a collaboration with Japan’s Organization for Small & Medium...
