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RIYADH: Saudi Arabia’s banking sector continued to outperform its regional counterparts in 2021 with assets growing by a record 10 percent to SR3.3 trillion ($880 billion), said a report by The Banker. The Banker’s Top 100 Arab Banks ranking showed that Saudi lenders’ combined Tier 1 capital base is higher than any other country in the region. The ranking was issued for the
Analysis: The Kingdom's futuristic 170km smart linear city promises to 'revolutionise living'. But beyond the awe factor are significant challenges and criticisms that could threaten the success of the megaproject and the entire Vision 2030.
Meanwhile, Riyadh bans unlicensed social media ads, illegal organ trade thrives in Iraq, and thousands of expatriates await deportation decision in Saudi Arabia
Meanwhile, Lebanese security services look for a kidnapped Saudi businessman and Dubai launches a range of self-driving taxis
The potential combination would create the Gulf’s seventh-largest lender with $115bn in assets.