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Saudi Hollandi Bank
The Alawwal Bank (), previously known as Saudi Hollandi Bank, was a Saudi Arabian bank based in Riyadh, Saudi Arabia. It was the first operating bank in the Kingdom of Saudi Arabia and was founded in 1926 as a branch of the Netherlands Trading Society. On 14 March 2021, Alawwal was fully merged with SABB. History Netherlands Trading Society (1926) It began as a branch of the Netherlands Trading Society in 1926 to serve the Hajj pilgrims from the Dutch East Indies, now Indonesia, and operated out of one office in Jeddah. As it was the only bank in the Kingdom at the time, it acted as the central bank, keeping the Kingdom's gold reserves and receiving oil revenues on behalf of the Saudi Arabian government. In 1928 the Saudi Riyal, a new silver coin commissioned by King Abdulaziz, became the Kingdom's first independent currency. The Netherlands Trading Society office in Jeddah assisted the government with the launch of the local currency. In 1954 the Netherlands Trading ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hajj
Hajj (; ; also spelled Hadj, Haj or Haji) is an annual Islamic pilgrimage to Mecca, Saudi Arabia, the holiest city for Muslims. Hajj is a mandatory religious duty for capable Muslims that must be carried out at least once in their lifetime by all adult Muslims who are physically and financially capable of undertaking the journey, and of supporting their family during their absence from home. In Islamic terminology, Hajj is a pilgrimage made to the Kaaba, the "House of Allah", in the sacred city of Mecca in Saudi Arabia. It is one of the Five Pillars of Islam, alongside (oath that one believes there is no god but Allah), (prayer), (almsgiving), and (fasting during Ramadan). The Hajj is an annual practice when Muslim brotherhood is on display and their solidarity with fellow Muslim people and submission to God (Allah) is fulfilled. The Hajj is taken by Muslims to cleanse their souls of all worldly sins, which connotes both the outward act of a journey after death and th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1926 Establishments In Saudi Arabia
Nineteen or 19 may refer to: * 19 (number) * One of the years 19 BC, AD 19, 1919, 2019 Films * ''19'' (film), a 2001 Japanese film * ''Nineteen'' (1987 film), a 1987 science fiction film * '' 19-Nineteen'', a 2009 South Korean film * '' Diciannove'', a 2024 Italian drama film informally referred to as "Nineteen" in some sources Science * Potassium, an alkali metal * 19 Fortuna, an asteroid Music * 19 (band), a Japanese pop music duo Albums * ''19'' (Adele album), 2008 * ''19'', a 2003 album by Alsou * ''19'', a 2006 album by Evan Yo * ''19'', a 2018 album by MHD * ''19'', one half of the double album ''63/19'' by Kool A.D. * ''Number Nineteen'', a 1971 album by American jazz pianist Mal Waldron * ''XIX'' (EP), a 2019 EP by 1the9 Songs * "19" (song), a 1985 song by British musician Paul Hardcastle * "Stone in Focus", officially "#19", a composition by Aphex Twin * "Nineteen", a song from the 1992 album ''Refugee'' by Bad4Good * "Nineteen", a song from the 2001 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Banks In Saudi Arabia
A list is a set of discrete items of information collected and set forth in some format for utility, entertainment, or other purposes. A list may be memorialized in any number of ways, including existing only in the mind of the list-maker, but lists are frequently written down on paper, or maintained electronically. Lists are "most frequently a tool", and "one does not ''read'' but only ''uses'' a list: one looks up the relevant information in it, but usually does not need to deal with it as a whole". Lucie Doležalová,The Potential and Limitations of Studying Lists, in Lucie Doležalová, ed., ''The Charm of a List: From the Sumerians to Computerised Data Processing'' (2009). Purpose It has been observed that, with a few exceptions, "the scholarship on lists remains fragmented". David Wallechinsky, a co-author of '' The Book of Lists'', described the attraction of lists as being "because we live in an era of overstimulation, especially in terms of information, and lists help ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saudi Awwal Bank
Saudi Awwal Bank (SAB; ) is a Riyadh-based Saudi joint stock company in which global banking group HSBC owns a minority stake. The bank traces its origins to the British Bank of the Middle East which was acquired by HSBC in 1959. In response to restrictions on foreign ownership of banks in Saudi Arabia, Saudi Arab British Bank (SABB) was created in 1978 to manage HSBC branches and assets in the country. In May 2018, prompted by recent changes to Vision 2030 economic reforms, SABB announced its intention to acquire Alawwal Bank in the Saudi banking sector's first merger in twenty years. On June 16, 2019, the official legal merger of Saudi British Bank and Alawwal Bank was completed, making the two banks one legal entity. The bank adopted its current name following the completion of the merger. SAB is one of the five largest Saudi banks by deposits, and has over eighty branches across Saudi Arabia and one branch in London, England. History British Bank of Iran and the Middl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arab News
''Arab News'' is an English-language daily newspaper published in Saudi Arabia. It is published from Riyadh. The target audiences of the paper, which is published in broadsheet format, are businesspeople, executives and diplomats. At least as of May 2019, ''Arab News'' was owned by Prince Turki bin Salman Al Saud, the brother of the ruling Crown Prince of Saudi Arabia Muhammad bin Salman. The newspaper promotes the Saudi government. History ''Arab News'' was founded in Jeddah on 20 April 1975 by Hisham Hafiz and his brother Mohammad Hafiz. It was the first English-language daily newspaper published in Saudi Arabia. ''Arab News'' is also the first publication of SRPC. The daily was jointly named by Kamal Adham, Hisham Hafiz and Turki bin Faisal. The paper is one of twenty-nine publications published by Saudi Research and Publishing Company (SRPC), a subsidiary of Saudi Research and Marketing Group (SRMG). The former chairman of SRMG and therefore, ''Arab News'' is Turki ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saudi Arabian Monetary Agency
The Saudi Central Bank (), previously known as the Saudi Arabian Monetary Authority (SAMA; ), established in 1952, is the central bank of the Kingdom of Saudi Arabia. Despite the name change in 2020, the Saudi Central Bank has continued to use the same acronym (SAMA). History Prior to the establishment of the Saudi Central Bank, the Saudi Hollandi Bank, a branch of the Netherlands Trading Society from 1926 acted as a de facto central bank. It kept the Kingdom's gold reserves and received oil revenues on behalf of the Saudi Arabian government. In 1928 it assisted in the establishment of a new Saudi silver coin, commissioned by King Abdulaziz which became the Kingdom's first independent currency. The Saudi Hollandia Bank handed over its responsibilities to the SAMA when it was established in 1952 and became a model for other foreign banks in the kingdom. The building's current headquarters, which was built in 1985 was designed by American architect Minoru Yamasaki. The modern c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Algemene Bank Nederland
Algemene Bank Nederland (ABN, "General Bank of the Netherlands") was a Dutch bank that was created in 1964 through the merger of the Netherlands Trading Society (, NHM, est. 1824) with the (TB, est. 1861). In 1991, ABN merged with Amsterdamsche en Rotterdamsche Bank (AMRO Bank) to form ABN AMRO. History NHM-TB merger The Netherlands Trading Society and Twentsche Bank announced their merger to form ABN Bank on . An important reason for the merger was the international trend towards concentration. Banks were obliged to scale up their operations. The extensive international network of NTS and the strong Dutch home base of TB, notably in stockbroking and foreign exchange dealing, complemented each other perfectly. Another reason for joining forces was the past involvement of the two banks in developing the textile industry in the Twente region of the Netherlands. NTS had been sharing the running expenses of TB's branch in London (which opened in 1858) since 1953. Expansio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dammam
Dammam (Arabic: الدمام ad-Dammām) is a city and governorate, and the capital of the Eastern Province of Saudi Arabia. Located on the coast of the Persian Gulf, it had a population of 1,386,166 as of 2022, making it the country's fifth-largest city after Riyadh, Jeddah, Mecca, and Medina. Dammam forms the core of the Dammam metropolitan area, also known as Greater Dammam, which includes the neighboring governorates of Dhahran, Khobar, Qatif. , the metropolitan area's population was 2,743,318, making it the third-largest in the country. Overview The area that eventually became Dammam was settled by the Dawasir tribe around 1923, with permission of King Ibn Saud. The area was originally a fishing hamlet. It developed after the discovery of oil in the region, becoming a port city and an administrative center. Following the unification of Saudi Arabia, Dammam was made the capital of the newly formed Eastern Province. Dammam is known for being a major administrative cen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Khobar
Khobar () is a city and List of governorates of Saudi Arabia, governorate in the Eastern Province, Saudi Arabia, Eastern Province of the Saudi Arabia, Kingdom of Saudi Arabia, situated on the coast of the Persian Gulf. With a population of 409,549 in the city core and 658,550 in the governorate, as of 2022, Khobar forms part of the Dammam metropolitan area along with Dammam and Dhahran, making up the residential core of Saudi Arabia's Eastern Province, Saudi Arabia, Persian Gulf region. The city was founded alongside Dammam by the Dawasir, who moved there in 1923 fearing British Empire, British persecution with the permission of Ibn Saud, King Abdulaziz Al Saud. Khobar experienced rapid growth during and after the discovery of oil in Saudi Arabia as it served as the port for the oil exports of Saudi Aramco in the company's early days. Traditionally, Khobar has also been a city of shopkeepers and merchants, and today has several shopping malls in and around it. The city is the newe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ibn Saud Of Saudi Arabia
Abdulaziz bin Abdul Rahman Al Saud (; 15 January 1875Ibn Saud's birth year has been a source of debate. It is generally accepted as 1876, although a few sources give it as 1880. According to British author Robert Lacey's book ''The Kingdom'', a leading Saudi historian found records that show Ibn Saud in 1891 greeting an important tribal delegation. The historian reasoned that a 10 or 11-year-old child (as given by the 1880 birth date) would have been too young to be allowed to greet such a delegation, while an adolescent of 15 or 16 (as given by the 1876 date) would likely have been allowed. When Lacey interviewed one of Ibn Saud's sons prior to writing the book, the son recalled that his father often laughed at records showing his birth date to be 1880. Ibn Saud's response to such records was reportedly that "I swallowed four years of my life." p. 561" – 9 November 1953), known in the Western world as Ibn Saud (; ''Ibn Suʿūd''),''Ibn Saud'', meaning "son of Saud" (see Arab ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
