Press Releases

GIB Capital Financial Advisor to Arabian Contracting Services Company

MBC Group acquires minority stake in Arabian Contracting Services Company


GIB Capital acted as the Financial Advisor to Arabian Contracting Services Company (“Al Arabia”), on MBC Group’s (“MBC”) acquisition of a minority stake in Al Arabia, the leading out-of-home advertising solutions provider in Saudi Arabia and the region.

Read more 04.11.2020

meem Launches “ajeeb” Loyalty Rewards Program

meem, the digital retail banking arm of Gulf International Bank Saudi Arabia, today announced the launch of its “ajeeb” loyalty rewards program in partnership with Visa for the Bank’s Visa credit cardholders in the Kingdom. 

Read more 18.10.2020

Al-Motaqadimah Schools Company Initial Public Offering GIB Capital and Adeem Capital acting as Joint Financial Advisors

Al-Motaqadimah Schools Company (“MSC”) has appointed GIB Capital and Adeem Capital as Joint Financial Advisors for its planned Initial Public Offering (“IPO”) on the Saudi Stock Exchange (“Tadawul”).

Read more 15.10.2020

Contributing to Women 20, GIB signs Partnership with AlNahda

Al Dhahran, Kingdom of Saudi Arabia, 16 August 2020: Gulf International Bank – Saudi Arabia (GIB KSA) recently announced the signing of a partnership agreement with Alnahda Society in Riyadh (Alnahda) to collaborate on the development of women’s empowerment in the Kingdom. Specifically, in support of their leadership of the Women 20 (W20), one of the official G20 Engagement Groups, focused on closing the global gender gap and women’s empowerment.

Read more 27.09.2020

Gulf International Bank Sweeps Global Finance Awards with Six Wins

Gulf International Bank (GIB) today announced that it has been named a winner in six categories by the New York based Global Finance magazine’s “2020 World’s Best Corporate/Institutional Digital Banks Awards Middle East”.  GIB won four out of seven awards for the Kingdom of Saudi Arabia (KSA), the Middle East’s largest market, and two in Bahrain.

Read more 27.09.2020

SDB and GIB launch digital lending Platform in partnership with Beehive to finance small and micro enterprises

The Minister of Human Resources and Social Development, HE Ahmed bin Sulaiman Al-Rajhi, has launched a digital financing platform for micro and small enterprises in Saudi Arabia during a virtual meeting attended by the Chairman of Gulf International Bank – Saudi Arabia (GIB), Abdulla bin Mohammed Al-Zamil, the CEO of Social Development Bank (SDB),  Ibrahim bin Hamad Al- Rashid, the Group CEO of GIB, Abdulaziz Bin Abdulrahman Al-Helaissi, and the Group CEO and founder of Beehive fintech company, Mr. Craig Moore. This new digital financing platform has been created through was the result of a strategic cooperation between SDB and GIB, which aims to ensure swift and efficient access to finance for micro and small enterprises in Saudi Arabia, using Beehive modern financial technology solutions.

Read more 22.07.2020

Gulf International Bank Honoured by Global Trade Review 2020 Awards and Global Finance’s The Innovators 2020

Gulf International Bank (GIB) has won awards recognising the Bank’s leadership and innovation in Trade and Cash Management

Read more 21.06.2020

GIB contributes SAR 2 million to Health Endowment Fund

Out of its sense of social responsibility and duty to support the efforts that the Saudi government, represented by the Ministry of Health, is making to curb the spread of Covid-19, Gulf International Bank (GIB) donated SAR 2 million to the Health Ministry's Health Endowment Fund (HEF).

Read more 08.04.2020

Gulf International Bank appoints Jamal Al Kishi as CEO of GIB B.S.C. and Deputy Group CEO

Gulf International Bank B.S.C. (GIB) today announced the appointment of Jamal Al Kishi as CEO of GIB B.S.C. and Deputy Group CEO.  Jamal joins GIB from Deutsche Bank where he spent nearly 13 years, most recently serving as CEO Middle East and Africa.  Previously, Jamal occupied a number of roles in corporate finance, capital markets and structured and project finance with Arab National Bank.  He holds an MBA in Finance and Banking from KFUPM and a BSc in Engineering from Arizona State.  Jamal will be responsible for driving the bank’s regional growth strategy and will support the Group CEO in his mission to make GIB a leading Pan GCC bank.

Read more 30.03.2020

His Highness the Governor of the Eastern Province inaugurates GIB’s Operations Centre in Al Khobar

At the inauguration of Gulf International Bank’s (GIB) new operations centre in Al Khobar His Royal Highness Prince Saud bin Nayef Al Saud, Governor of Eastern Province, praised GIB’s modern technology, saying it lived up to the goals of the Kingdom's 2030 vision and kept the Kingdom at the forefront of technological development. He noted the importance of developing new offerings and using modern technology to improve services and hoped that the centre would achieve its ambitions and provide the best services to its customers.

Read more 09.02.2020

GIB main partner of Saudi International golf tournament for second consecutive year

As part of its support and sponsorship of community activities, Gulf International Bank (GIB) was pleased to be a partner of the Saudi International golf tournament for the second year in a row and congratulates Graeme McDowell on winning the event.

Read more 03.02.2020