Tagged: National Commercial Bank (NCB)

ICIEC, NCB sign deal to support Saudi SMEs

Islamic Finance

2012-10-23

ICIEC, NCB sign deal to support Saudi SMEs

On Saturday, the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and the National Commercial Bank (NCB) signed a Memorandum of Understanding (MOU) at the Jeddah Chamber of Commerce and Industry (JCCI). The purpose of the …

Challenge of entrepreneurship in GCC

Islamic Finance

2012-10-10

Challenge of entrepreneurship in GCC

SMEs move from their entrepreneurial phase to a professionally-managed phase. As a result, there is a huge necessity for them to adopt the concept of corporate governance. According to a report by Capita Group International (CGI), Gulf SMEs are not par…

GCC issues $3.2b sukuk in third quarter

Islamic Finance

2011-11-01

GCC issues $3.2b sukuk in third quarter

A study conducted by National Commercial Bank (NCB) showes that Gulf Cooperation Council member countries launched bonds worth around $20.9 billion in the first nine months of 2011, slightly lower than their value in the same period of 2010.
It added t…

Tax Guy: Strategies to lower your 2021 tax bill — and line up future tax savings
Amid uncertainty about proposed tax increases, these are the tax moves to consider before the end of the year.
IPO Report: Cloud-storage company BackBlaze files for IPO
BackBlaze says it is "designed to fulfill major unmet market needs, particularly among mid-market businesses."
: Colin Powell’s death after a ‘breakthrough’ case of COVID-19 is already being used by anti-vaxxers
The vaccine reduces the likelihood of hospitalization and death should you contract the virus, studies show, and it also reduces the chances of you passing COVID-19 onto a more vulnerable friend or relative.
: ‘The industry has been in denial’: As hotels recover from the pandemic, they’re planning how to compete with another threat — Airbnb
'Typically the hospitality industry is the first to go down during an economic downturn, but is the strongest to come back.'
: It’s time to prepare for shortages of bikes, toys — and more — this holiday season
Efforts to unclog the supply chain ahead of the holiday season would have been better coming three or four months ago, one expert said
TaxWatch: How America’s 1% build their wealth
Democratic lawmakers keep wrangling over the contents and price tag of a social safety-net package that would be funded by tax hikes on wealthy taxpayers.
Extra Credit: Companies have a new weapon in the hunt for talent: free college degrees. Why it’s important to read the fine print
The benefit, which has been gaining traction over the past few years, saw a recent boost as companies vie for workers.
: 19 states offered million-dollar lotteries to increase COVID vaccination rates — this research says they didn’t work
There was 'no statistically significant association' between a cash-drawing announcement and the number of vaccinations, JAMA study suggests.
Financial Crime: Michigan men charged with stealing $1.5 million worth of textbooks from Amazon’s rental service — and selling them for cash
The group would allegedly rent the books under fake names and using prepaid Visa cards, prosecutors said.
Financial Crime: Colombian man sentenced to prison after being caught driving ‘narco submarine’ full of cocaine — for the second time
Coast Guard officers found over 4,000 pounds of cocaine worth $35 million aboard the submersible after a dangerous encounter at sea, prosecutors say.

Chinese (Simplified)