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Saturday, 21 November 2009 18:18 UAE time

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HSBC, Saudi Arabia

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Saudi companies optimistic on outlook - survey

New HSBC research shows 40% of small firms in kingdom expect to hire more staff.

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SAMA struggles to spur credit amid crisis

Saudi moves to stave off bank lending crisis by rate cutting unlikely to be enough.

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Saudi Arabia needed 1m new homes by 2014 - HSBC

Bank's report also says house prices in kingdom will fall in the short term.

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SABB chief to step down - sources

CEO John Coverdale to step down on Wednesday at Saudi affiliate of HSBC Bank, say sources.

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HSBC ME's profits rose 34% last year

The bank suffered a deterioration in credit quality in the last quarter of 2008 in wake of global crisis.

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Foreign investment in Saudi firms 'gathers momentum'

Despite global turmoil, foreign investment in Saudi-listed firms on increase, says HSBC.

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Sabic says liquidity abundant for sukuk

Saudi petrochemicals giant says Islamic financial market is developing and ample liquidity in riyal.

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