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SAMBA FINANCIAL
Operative behind recce of Ram temple and RSS HQ, Hafiz Saeed's relative in designated terrorist listIndia has designated 23 individuals based in Pakistan and PoJK as terrorists under UAPA for their involvement in infiltration, financing, a...- Funds earmarked under CDF non-lapsable; savings exceed Rs 25 crore: J&K CM Omar AbdullahJammu and Kashmir Chief Minister Omar Abdullah confirmed Constituency Development Fund money does not lapse. Savings have surpassed Rs 25 c...
- Intel strikes deal with a chip startup its CEO invested inIntel, which has lagged in making chips for artificial intelligence, is turning for help to a startup that its CEO helps lead as an investo...
- Intel nears $1.6 billion deal for AI startup SambaNova: ReportThe Palo Alto-based startup, which designs custom AI chips, was valued at $5 billion in 2021, following a $676 million funding round led by...
- Intel pursued deals that boosted CEO Lip-Bu Tan's fortune, sources sayWhen the chairman of AI chip startup Rivos wanted Intel to bid for the company, he had no need to phone the chip giant. That's because the ...
- CapitaLand India Trust (CLINT) appoints Gauri Shankar Nagabhushanam as Chief Executive Officer-Designate.Gauri Shankar Nagabhushanam is set to become the Chief Executive Officer of CapitaLand India Trust (CLINT) in August 2024. He brings over 2...
- Best Agrolife acquires 99% stake in Kashmir ChemicalsAgri input manufacturing company Best Agrolife Ltd. (BAL) has made a strategic investment in Kashmir Chemicals and acquired a 99% stake in ...
- Saudi pilgrimage complex developer converts $1.4 billion debt to equityThe company operates the Jabal Omar complex of hotels and residential and commercial property within walking distance of the Grand Mosque i...
- Saudi National Bank posts 20% rise in quarterly profitSNB reported a net profit of 3.4 billion riyals ($907 million) for the quarter that ended on March 31, up from 2.8 billion riyals in the sa...
- Saudi government signs supply chain finance agreements with three banksUnder the agreements, Samba Financial Group, National Commercial Bank and Saudi British Bank (SABB) will provide funding to government agen...
- Major Gulf markets dip as financials declineSaudi Arabia's benchmark index slipped 0.3%, with National Commercial Bank losing 1% and Samba Financial Group shedding 1.2%.
- As petrodollars dwindle, banks in the Gulf look for new survival strategiesThe blowback of these measures taken to control the rampaging virus worldover was felt by major oil suppliers including the Gulf countries ...
- Most Gulf markets rise; Qatar bourse slipsSaudi Arabia's benchmark index edged up 0.1%, with National Commercial Bank, the country's largest lender, rising 0.8%, extending gains fro...
- Saudi Arabia's National Commercial Bank buys Samba Financial Group in $14.8 bn dealThe bank will control some USD 223 billion in assets and a market capitalisation of USD 46 billion after the merger wins regulatory approva...
- Major Gulf markets gain as financial shares riseNational Commercial Bank, the kingdom's biggest lender, entered a binding merger agreement with smaller lender Samba Financial Group to cre...
- 'Rs 1,000 crore-Rs 2,500 crore loss each year due to Cauvery crisis'The team, headed by GS Jha, Chairman, Central Water Commission (CWC), visited Karunkanni, Killukudi and Kilvelur villages in the district t...
- NABARD launches village Development Plan in SambaNABARD today launched a Village Development Plan (VDP) in Samba border district of Jammu and Kashmir focusing on credit enhancement and fin...
- Axis Bank ties-up with Xpress Money for mobile fund transferAxis Bank today said it has entered into a tie-up with UAE Exchange and Financial Services to launch inward remittances through mobile.
- Gulf banks stronger than Western counterparts: Report'Banks in the GCC have been resilient in the face of recent global financial shocks and benefit from strong government support.'
- Saudi Arabia's real GDP to reach 4 pct this yearSaudi Arabia's economy will grow by 4 per cent this year as oil production increases, while inflation in the biggest Arab economy will stab...
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