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Friday, 27 November 2009 06:55 UAE time

YOUR DIRECTORY /

Samba Financial Group - Saudi Arabia

Main Category: Asset Management
First Address : 833
Second Address : King Abdulaziz Road
City : Riyadh
Country : Saudi Arabia
Phone: 966 1 4774770
Fax: 966 1 4799657
Email: sambacare@samba.com
Website: www.samba.com


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ALL STORIES LIST


Saudi Mobily refinances SR1.5bn Islamic loan

Mobile operator originally used loan to finance purchase of Bayanat Al Oula.

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NBK cuts fair value estimates on 4 Saudi banks

Downgrade in response to fears of weakening asset quality in banking sector.

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Algosaibi no longer Samba chairman - bank

Saudi's second largest bank says it wishes him well in statement on Tadawul website.

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Abu Dhabi power project said close to $1.1bn loan

Sponsors of Shuweihat 2 power generation project said to have lined up 12 banks.

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Saudi banks up Q2 loan loss provisions

Banque Saudi Fransi and Samba moves come amid concerns about some debt-laden Saudi firms.

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Saudi Electricity seeks bidders for Riyadh project

Power plant project is expected to start first phase of operation by 2012.

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Qatar index falls to new 5-year low

Industries Qatar leads stock market to new 5-year low amid gloomier prognosis for global economy.

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Saudi economy forecast to contract

Oil output cuts and weak non-oil growth set to impact kingdom's economy this year, says Samba Financial Group.

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Saudi lender obtains licence to enter India

Samba Financial Group, the kingdom's second largest, wins approval to start Indian operations.

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Dubai real estate risks sharp correction - report

Saudi bank says signs of overheating amid expansionary monetary conditions.

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Saudi bourse rises again as foreigners move in

Shares in the kingdom continue upward trend after Saturday's impressive increase.

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Samba profit slump continues

Saudi's second-biggest lender posts second straight quarterly profit decline in Q2, missing forecasts.

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Samba to lead Mideast's biggest mining IPO

Saudi's Maaden appoints Samba subsidiary to oversee $2.47bn share sale.

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Standard Chartered, Samba out of Egypt bank bid

Two lenders disqualified from bidding for stake in Banque du Caire, no reason given.

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Saudi Kayan pens $6bn loan deal

Petrochemicals firm signs agreement with group of banks to part finance complex in Al-Jubail industrial zone.

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Samba profit drops on bourse woes

Saudi's second-largest lender first local bank to post decline in net income in Q1, with 5.4% fall to $320mn.

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Gulf markets rebound

Stocks across region push markets to higher close, bar Saudi which drops for fifth time in six days.

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Noor Financial eyes bid for Banque du Caire

Commercial Bank of Kuwait interested in Egypt's third-largest state bank.

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Firms to shun dollar for project financing

Gulf Arab companies looking toward other currencies such as euro or yen for loans, analysts say.

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Samba Financial to issue 1-for-2 bonus share offer

Saudi's second largest lender to raise capital to $2.4bn and increase dividend payment.

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Subprime crisis to hit Gulf banks' earnings

Regional banks who thought investments were safe discovering underlying assets subprime, bankers say.

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Samba Financial earnings squeezed

Saudi's second largest bank misses forecasts with Q4 profit of $254.7mn, up 1.8% year-on-year.

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Samba misses a step as profit drops

Saudi lender posts fourth consecutive decline in profit in Q3 on diminished brokerage activity.

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Samba deploys debt management system

Saudi Arabia's Samba Financial Group implements Experian's Tallyman debt management and collection solution.

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Banking in the GCC

Will the banking industry be the next sector to feel the wind of change sweeping through the Gulf?

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Saudi Printing seeks $106m in IPO

The Arab world's largest news publisher plans a 30% stake sale later this month.

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A day in the desert with Prince Alwaleed

Over 573 meetings, 200 calls, and 100 texts... Arabian Business documents a normal day in the life of Saudi's $23bn businessman.

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Samba buys Pakistani bank

Samba Financial Group has completed official procedures to purchase a 68% stake in the Crescent Commercial Bank of Pakistan (CresBank).

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Saudi economy could grow by 4%

This year's growth could be higher than expected due to a possible rise in oil output.

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Saudi Samba Q1 profit falls on stock crash

Samba Financial Group, second-largest Gulf Arab bank by market value, said first-quarter profit fell after a tumbling stock market slashed brokerage revenues.

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READER COMMENTS

  1. Deal sought on Dubai World, Nakheel debts 19
    26 Nov ' 09 at 20:13
    Red Devil/Sandjocky, I have also had several posts blocked over the past couple of days, posts that speak of the facts only as they...   More  »
  2. UAE real estate market has now hit bottom - analysts 05
    26 Nov ' 09 at 21:36
    Comn' AB is a yo-yo when it comes to news.People forecasting good and then bad. Good and bad and then some more "experts" saying...   More  »
  3. Moody's cuts Dubai GRI ratings amid debt delay 02
    26 Nov ' 09 at 19:51
    Dubai World better change its slogan & reposition itself - Dubai LTD.   More  »

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