![Jeddah, Saudi Arabia -- July 19, 2009 -- A National Commercial Bank (NCB) branch. Michael Bou-Nacklie for The National](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/KKKCJR5QMAJVGWMRDLFHASKBXM.jpg?smart=true&auth=67786f437a7ebcfd8050fe9ee09a9a94f57514f0a93036e7fd117705305986de&width=400&height=225)
Saudi Arabia’s National Commercial Bank, reported a 22 per cent drop in its second-quarter profit. Michael Bou-Nacklie for The National
Saudi Arabia’s National Commercial Bank, reported a 22 per cent drop in its second-quarter profit. Michael Bou-Nacklie for The National
Saudi Arabia says no plans to increase Islamic tax on private sector
Clarification follows Bloomberg report that the kingdom is considering doubling the levy on local banks