Investment
Features
FeesSafety
Academy
More
Pluang+

Barclays pushes ahead with Saudi Arabia expansion despite Iran war risks

Market News
16 Apr 2026
PYMNTS
View Source
Bullish
pluang ai news

Barclays is proceeding with its plans to expand in Saudi Arabia, seeking a banking license and preparing to open a regional headquarters later this year, despite the ongoing war in Iran. CEO C.S. Venkatakrishnan emphasized the bank's strong commitment to the Middle East, highlighting Saudi Arabia and the UAE's efforts to diversify their economies away from oil dependence. While geopolitical risks may affect IPO timing, Venkatakrishnan believes the structural impact will be minimal. Barclays had re-entered Saudi Arabia last year after leaving over a decade ago and is also active in the UAE and Qatar, aiming to grow its regional investment banking presence.

More News

Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...

Market News
Bullish
2 hours ago
Ethereum breaks $1,900 resistance, fueled by strong buying and short liquidations

Ethereum breaks $1,900 resistance, fueled by strong buying and short liquidations

Ethereum (ETH) surged past the $1,894.89 resistance level, accelerating its recovery toward the $1,940–$1,950 zone after days of consolidation. This breakout was supported by lower-than-expected U.S. inflation data, which boosted risk appetite and bu...

Technical Signals
Bullish
4 hours ago
Borralha Project drilling confirms high-grade tungsten zones, advancing development and exploration in Portugal.

Borralha Project drilling confirms high-grade tungsten zones, advancing development and exploration in Portugal.

Allied Critical Metals announced positive assay results from its 2026 drilling campaign at the Santa Helena Breccia, part of the Borralha Tungsten Project in Portugal. The first drill hole confirmed broad zones of high-grade tungsten mineralization, ...

Market News
Bullish
4 hours ago
Ethereum surges 11% in a week, driven by strong ETF inflows and Robinhood Chain activity.

Ethereum surges 11% in a week, driven by strong ETF inflows and Robinhood Chain activity.

Ethereum's price rose about 11% over the past week to around $1,920, outperforming major cryptocurrencies like Bitcoin and Solana. This rally is fueled by $96 million inflows into U.S. spot Ether ETFs early in the week, with BlackRock's ETHA product ...

Market News
Bullish
4 hours ago
XRP Ledger hits 8M activated accounts despite drop in daily active users

XRP Ledger hits 8M activated accounts despite drop in daily active users

The XRP Ledger has surpassed 8 million activated accounts, marking steady growth since March 2026. However, daily active addresses have declined to a 2026 low of 25,350, indicating less frequent user engagement despite overall adoption. XRP's price f...

Protocol Fundamentals
Neutral
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App