RIYADH, Oct 12 (Xinhua/APP): Saudi Arabia’s biggest lender National Commercial Bank said on Sunday that it will purchase rival lender Samba in a deal valued at about 15 billion US dollars.
The merger comes as Saudi Arabia is grappling with the shocks of the COVID19 pandemic and low crude oil prices against the backdrop of a global economic slowdown.
Riyadh: On June 2, According to the U.N. envoy to Yemen, Yemen's warring parties agreed to extend a U.N.-brokered... read more
Paris: It emerged on Sunday that a Paris taxi driver whose Tesla Model 3 crashed in December, killing one... read more
On Wednesday, an explosion blew away a mini van in a Shia neighborhood of Western Kabul which killed... read more
March 14, it emerged that Russia's Foreign Minister Sergei Lavrov would discuss the conflict in Ukraine and ongoing international... read more
After a whistleblower came forward and outages brought Facebook Inc.'s major products offline, Mark Zuckerberg's personal worth dropped by... read more
The Asian Development Bank (ADB) is expected to provide Pakistan with an additional $2.5 billion in budgetary support in... read more
The chief of the Afghan central bank has fled Kabul and blamed president Ashraf Ghani and his inexperienced advisors... read more
19th October 2020, Baaghi TV: PIA has introduced special discounts on the occasion of Eid Milad-un-Nabi. In honour of the... read more
Three people were killed and another was injured when two cars crashed on the Attock motorway on Thursday morning,... read more
The Pentagon denied allegations by Iran's Revolutionary Guards that they blocked a US attempt to arrest a tanker transporting... read more
