Al-Marsad Newspaper: The head of Al-Rajhi Bank, Abdullah Al-Rajhi, has responded to the bank’s accusation of failing to assist customers who have been subjected to financial fraud. Al-Rajhi said during his appearance on the pictured program that it is a global phenomenon and in the last two years the cases of fraud have increased by … Read more
The regulated savings accounts of market leader BNP Paribas Fortis (including Fintro) totaled €66.67 billion as of 31 December. This is just under a year ago when there was just over 70 billion. The decrease is mainly explained by the limit of 250,000 euros set by the bank on this type of account in April. … Read more
Al-Marsad Newspaper: The head of Al-Rajhi Bank, Abdullah Al-Rajhi, has responded to the bank’s accusation of using religion and exploiting religious sentiments to gain customers and get higher rates on loans. He said during an interview with Gulf Rotana’s “In the Picture” program: “This is not true, and we are looking for how to serve … Read more
The formula of the observatory: the competent authorities will start dividing the tariff for the electricity consumption of the establishments into two categories, starting next week, and it will be applied to existing establishments for a period of 7 years, starting next year 2023, and to new factories until the end of 2030. High energy … Read more
Consumers are less negative about the economy in December than they were in November. However, consumer confidence remains exceptionally low. Willingness to buy is also slightly higher now. At -52, consumer confidence in December is well below its 20-year average (-9), Statistics Netherlands reports on Tuesday. Confidence reached an all-time high (+36) in January 2000 … Read more
Major supermarket chains will have it Tuesday 1 November, All Saints Day, changes in their usual hours, as it is a common national holiday for the 17 communities and the two autonomous cities. These changes in opening hours will depend on the commercial policy of each supermarket chain. Some will maintain their usual hours, others … Read more