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Thursday, 26 November 2009 21:34 UAE time

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Saudi bank eyes $53m property fund

KSB Capital Group seeking to raise 200m riyals ($53.3m) to develop property project in Riyadh.

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Saudi banks post lower Q4 profits

Higher provisions have led to three of Saudi Arabia's largest banks posting lower Q4 profits.

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SABIC profit slump expected in Q3

KSB Capital forecasts profit of $1.77bn for petrochemicals giant, down 10.3% year-on-year.

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READER COMMENTS

  1. Deal sought on Dubai World, Nakheel debts 21
    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 04
    26 Nov ' 09 at 13:07
    Sadly, more wild statements from so called "experts" and "analysts" in the hope that their so called titles will hype the market and...   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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