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Tuesday, 02 December 2008 08:21 UAE time

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Al-Rajhi Bank

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Kuwait's Dar closes 1st part of $400mn Islamic loan

Three-year $150mn deal for Aston Martin part-owner backed by Saudi, Oman banks.

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Gulf banks post bumper profit as economies boom

Q2 earnings top forecasts economies benefit from high oil prices and low rates.

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Saudi's Al-Rajhi profit tops forecasts

Largest Gulf Arab bank says core activities underpin 8.2% rise in income to $464.5mn during Q2.

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Al-Rajhi earnings rise 2.1%

Gulf's largest Islamic lender sees Q1 net income of $427.2mn boosted by core business operations.

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Saudi stocks drop on global economic fears

Kingdom Holding leads losses as investors limit exposure to US financial sector crisis.

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RSGT borrows $453mn for Saudi port deal

Red Sea Gateway Terminal Company arranges Islamic loan to build container terminal.

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READER COMMENTS

  1. UAE blocks low-paid workers from driving - report 16
    01 Dec ' 08 at 18:53
    Are the authorities considering Nurses as menial workers? No wonder then that large numbers of Graduate Nursing professionals are...  More »
  2. $95bn Satwa redevelopment delayed 3
    01 Dec ' 08 at 21:09
    You suggest Jumeira Gardens will stretch 150kms south of Shk Zayed Road. That would take you well into Abu Dhabi.I don't think even...  More »
  3. Property correction sooner, steeper than anticipated 3
    01 Dec ' 08 at 17:00
    I saw when people went from poor to rich in this country in a matter of weeks, i saw the rich getting poor agian in a matter of...  More »
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