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Saturday, 21 November 2009 17:10 UAE time

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Saudi American Bank (SAMBA)

Main Category: Commercial Bank
City : Riyadh
Country : Saudi Arabia
Website: www.samba.com.sa


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Building a new Riyadh

Unaffected by the global economic downturn, Saudi Arabia is furiously constructing its King Abdullah Financial District, a project destined to become a new city centre for Riyadh. Now with a mere 30 months left to finish the bulk of the work, the pace is fast and the challenge immense.

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Saudi public spending to increase 24% - bank

Samba forecasts a surge in public sector investment following oil price increase.

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Saudi economy predicted to shrink by 1.2% in 2009

New report by Samba Bank says sharp slowdown in private sector activity to blame.

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Saudi bank predicts UAE bank mergers

A report by Saudi American Bank says consolidation is only way to weather economic storm.

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Qatar economy could grow by 10% in 2009

Expansion of LNG exports set to make Gulf state the world's fastest grower, says Samba.

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Dubai, Abu Dhabi inflation hit 20% in '07 - Samba

Inflation in Dubai and Abu Dhabi probably hit 20% last year, almost double official figures.

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Single currency suffers setback

Oman will not meet deadline for GCC monetary union

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