Saudi banks have thrived rather than survived ; a dynamic outlook for 2021

كي بي إم جي: توقعات باستمرار قوة أداء القطاع المصرفي

KPMG Report: Despite pandemic, Saudi banks have thrived rather than survived; a dynamic outlook for 2021  KPMG’s latest report on the financial sector, Banking Perspectives 2021, records the sector seen moving towards a better year. Backed by government reforms, halt in credit losses (ECL), stable liquidity, stronger CAR, and transformational changes, banks are heralding stable year, as compared to a shaky outlook in the corresponding period last year. KPMG reported that the 11 Tadawul-listed banks stayed resilient at the end of 31 December 2020 reflecting signs of recovery since uncertainties…

HYATT REGENCY RIYADH OLAYA BECOMES ONE OF THE FIRST HOTELS   TO ACHIEVE THE HIGHEST INTERNATIONAL STANDARD OF HYGIENE

فندق حياة ريجنسي الرياض العليا يرفع معايير النظافة الشخصية بإعتماد  GBAC STAR™من

 Hyatt Regency Riyadh Olaya becomes the first hotel in the Kingdom of Saudi Arabia with Global Biorisk Advisory Council accreditation  Riyadh, KSA (October, 2020) – Guided by its purpose of care and experience delivering world-class hospitality, Hyatt Regency Riyadh Olaya became the first hotel in the Kingdom of Saudi Arabia and one of the first hotels in Middle East to be accredited by Global Biorisk Advisory Council® (GBAC) STAR™ in September 2020. GBAC is the gold standard for prepared facilities, and the accreditation further enhances the operational guidance and resources…

Gulf Brokers: What’s the next stop for Gold?

Gulf Brokers: What’s the next stop for Gold?

Dubai, United Arab Emirates,  (AETOSWire): Gold price surged more than 28% so far this year and hit a new all-time high of $2,074 in August. This year, the gold price rally has been driven by a combination of rising coronavirus cases, weakness in the USD, lower interest rates, major geopolitical events such as the tensions between the US and other countries such as North Korea, China, as well as Iran and the US election uncertainty. With just a few days to go before the US presidential election, gold price trades…