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Last Updated: Thu, Oct 23 2014 | 10:59 AM |
UAE's rising cost of living is big concern for expats - HSBC
Politics & Economics»

UAE's rising cost of living is big concern for expats - HSBC

Wednesday, 22 October 2014 2:23 PM

Bahrain, Qatar and Oman are more popular destinations for expats than the UAE, according to HSBC survey

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Saudi petchems firm plans sukuk investor meetings
Banking & Finance»

Saudi petchems firm plans sukuk investor meetings

Wednesday, 22 October 2014 2:05 PM

Advanced Petrochemical Co is turning to debt capital markets to take advantage of high liquidity in the Saudi investor market

Saudi's largest lender posts 7.8% rise in Q3 net profit
Banking & Finance»

Saudi's largest lender posts 7.8% rise in Q3 net profit

Wednesday, 22 October 2014 1:20 PM

National Commercial Bank has announced plans to convert into a fully-fledged Islamic bank in around five years

Abraaj aims to seal deal soon for Saudi fast-food chain Kudu
Banking & Finance»

Abraaj aims to seal deal soon for Saudi fast-food chain Kudu

Tuesday, 21 October 2014 8:04 PM

Dubai-based private equity firm has been in exclusive talks for months to buy controlling stake

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Saudi's NCB to convert to Islamic bank after pressure from scholars
Banking & Finance»

Saudi's NCB to convert to Islamic bank after pressure from scholars

Monday, 20 October 2014 1:18 PM

Saudi's biggest bank responds to criticism as it launches a $6bn initial public offer of its shares

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Saudi's MMG says board approves recovery plan
Banking & Finance»

Saudi's MMG says board approves recovery plan

Sunday, 19 October 2014 5:46 PM

Contractor Mohammad Al-Mojil Group to use most of its existing capital base to pay off debts

Saudi British Bank posts 25% rise in Q3 net profit
Banking & Finance»

Saudi British Bank posts 25% rise in Q3 net profit

Thursday, 16 October 2014 5:59 PM

Kingdom's fifth-largest listed lender by assets says it made profit of $282m in three months to Sept 30

Saudi's Al Rajhi Bank posts fifth straight quarterly profit drop
Banking & Finance»

Saudi's Al Rajhi Bank posts fifth straight quarterly profit drop

Wednesday, 15 October 2014 6:46 PM

Saudi Arabia's largest listed lender reports 3.2% fall in third-quarter net profit, missing analysts' forecasts

Saudi Shoura Council accuses transport ministry of corruption
Banking & Finance»

Saudi Shoura Council accuses transport ministry of corruption

Wednesday, 15 October 2014 3:28 PM

Numerous members of the influential council have called for investigations into the Ministry of Transport

Saudi bank's $6bn IPO ignites religious controversy
Markets»

Saudi bank's $6bn IPO ignites religious controversy

Tuesday, 14 October 2014 7:21 PM

Plans by National Commercial Bank have prompted some clerics to suggest it violates Islamic principles

Saudi Arabia's oldest lender posts 6.6% profit rise in Q3
Banking & Finance»

Saudi Arabia's oldest lender posts 6.6% profit rise in Q3

Tuesday, 14 October 2014 1:59 PM

Saudi Hollandi Bank, partly-owned by Royal Bank of Scotland, says it made $123m net profit in third quarter

Saudi Prince Alwaleed agrees to help rescue Disneyland Paris
Banking & Finance»

Saudi Prince Alwaleed agrees to help rescue Disneyland Paris

Monday, 13 October 2014 10:43 AM

The billionaire will join a $532m bailout of the ailing French theme park, in which he currently owns a 10% stake

Saudi's largest lender plans to raise $6bn in IPO
Markets»

Saudi's largest lender plans to raise $6bn in IPO

Monday, 6 October 2014 1:36 AM

National Commercial Bank will launch Middle East's largest ever share sale later this month

Saudi's Sedco launches first in-house Islamic fund
Banking & Finance»

Saudi's Sedco launches first in-house Islamic fund

Monday, 29 September 2014 3:03 PM

Gulf equities fund, domiciled in Luxembourg, has an intial $30 million in assets and is Sedco's 14th fund overall

Qatar, UAE named among top infrastructure investment markets
Construction»

Qatar, UAE named among top infrastructure investment markets

Saturday, 27 September 2014 1:20 AM

New Global Infrastructure Investment Index ranks Gulf countries second and third, Saudi Arabia placed 12th


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