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Saudi bank deposit growth accelerated to 11-month high in February

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RIYADH: Bank deposits in Saudi Arabia grew during February at the fastest pace since March 2020 as the economy continued to rebound from the coronavirus pandemic. Deposits reached SR1.96 trillion

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Just in:
Alpha Dhabi lifts MICAD commitment to $1 billion // LatAm gushers and possible Venezuela exit a nightmare for Opec // Hong Kong Ranks Fifth Among APAC’s Preferred Living Investment Destinations as 85% of Investors Plan to Increase Sector Investment // Midea to Showcase SpaceMaster Series with Graphene Technology at IFA 2026 // Adobe widens Saudi AI access with $4 billion programme // XcanMow Mix 2000 Robot Mower Makes Its European Debut at IFA Berlin 2026 // Inovatif Media Asia Sets Regional Ambitions in Motion with Tun Ahmad Fuzi as Strategic Advisor // InnoHK R&D Centres Establish Base at Science Park to Drive Emerging Industries and Pioneer Future Innovation // Macao Economic, Trade and Tourism Investment Promotion Seminar Held in Singapore, Deepening Multi-Domain Cooperation to Empower Regional Growth // Venezuela defends sovereignty after Trump oil control claim // Xi reaches Cairo as China broadens Egypt engagement // Best Mart 360 Reports Interim Revenue Growth to HK$1.45 billion // Drone strike damages Kuwait residential complex, no injuries // The Mineral Boutique Limited Welcomes CCS Clarification and Reaffirms Asia Growth Strategy // Hong Kong Science and Technology Parks Corporation Kicks Off 25th Anniversary Prelude “Innovation. Next by Nature.” // What Shein’s $27bn IPO means for Mubadala // Macao Economic, Trade, and Tourism Investment Promotion Seminar Convened in Jakarta, Indonesia, Fostering Multi-Dimensional Cooperation to Jointly Explore New Opportunities Along the Silk Road // WisPaper Introduces TrueCite to Help Researchers Verify AI-Generated Academic References // Apple raises evidence-destruction claims against OpenAI // Qatar economy contracts 7% as energy output slumps //