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Last Updated: Thu, Apr 27 2017 | 10:42 AM |
First bank merger in 20 years sets Saudi Arabia up for more deals
Banking & Finance»

First bank merger in 20 years sets Saudi Arabia up for more deals

Thursday, 27 April 2017 2:42 PM

Q&A look at what the planned merger of HSBC and RBS’s Saudi ventures will mean

HSBC, RBS Saudi Ventures merger plan will create $78bn lender
Banking & Finance»

HSBC, RBS Saudi Ventures merger plan will create $78bn lender

Wednesday, 26 April 2017 9:15 AM

Negotiations come as banks grapple with how to approach the Middle East’s biggest economy

Citigroup gets Saudi Arabia investment banking licence
Banking & Finance»

Citigroup gets Saudi Arabia investment banking licence

Tuesday, 25 April 2017 4:55 PM

US banking major wins approval more than 10 years after exiting the Gulf kingdom

If Saudi future's so bright, why can't these banks find buyers?
Banking & Finance»

If Saudi future's so bright, why can't these banks find buyers?

Monday, 24 April 2017 7:01 PM

No big-name global banks eager to buy stakes in Saudi banks, according to analysts

Saudi Arabia restores bonuses, allowances for state employees
Politics & Economics»

Saudi Arabia restores bonuses, allowances for state employees

Monday, 24 April 2017 10:38 AM

Government said the perks cancelled in September were reinstated because higher-than-expected revenue helped to drive down the budget deficit

Saudi Arabia may offer cheap loans to spur job creation
Politics & Economics»

Saudi Arabia may offer cheap loans to spur job creation

Friday, 21 April 2017 1:04 AM

Finance Minister Mohammed Al-Jadaan says mulling 'almost interest-free' loans to companies in labour-intensive industries

Saudi Arabia, Russia to launch joint projects worth $3bn this year
Banking & Finance»

Saudi Arabia, Russia to launch joint projects worth $3bn this year

Tuesday, 18 April 2017 12:28 PM

Most promising areas of cooperation include energy, geological exploration, mining, petrochemicals and investment cooperation

UAE firms face dilemma: increase prices or absorb VAT
Banking & Finance»

UAE firms face dilemma: increase prices or absorb VAT

Tuesday, 18 April 2017 11:52 AM

Firms selling small value items face major issues, says tax expert

2
Citigroup said to appoint female CEO to lead Saudi return
Banking & Finance»

Citigroup said to appoint female CEO to lead Saudi return

Tuesday, 18 April 2017 9:33 AM

Citigroup is looking to rebuild its Saudi business more than 10 years after losing a key banking license in the kingdom

Saudi Arabia raises $9bn in first global sukuk issue
Politics & Economics»

Saudi Arabia raises $9bn in first global sukuk issue

Thursday, 13 April 2017 2:44 PM

Move could ease pressure on Gulf kingdom's foreign reserves, say analysts

Zain Saudi Arabia posts its first ever net profit in Q1
Technology»

Zain Saudi Arabia posts its first ever net profit in Q1

Wednesday, 12 April 2017 4:22 PM

Telecom operator announces financial milestone, nine years after launching services in Gulf kingdom

Saudi banks 'largely unscathed' from 2016 liquidity crunch
Banking & Finance»

Saudi banks 'largely unscathed' from 2016 liquidity crunch

Monday, 10 April 2017 2:11 PM

Fitch Ratings says the worst effects of the liquidity crunch that hit the Saudi Arabian banking sector last year have passed

No income tax for Saudi citizens, says finance minister
Banking & Finance»

No income tax for Saudi citizens, says finance minister

Monday, 10 April 2017 9:33 AM

Kingdom will keep VAT at 5% until 2020, and impose 50% tax on soft drinks, 100% on tobacco products from Q2

UAE food giant completes deal for Saudi water business
Banking & Finance»

UAE food giant completes deal for Saudi water business

Saturday, 8 April 2017 10:12 AM

Abu Dhabi-based Agthia Group acquires 100% of water business of Delta Marketing Company

Saudi Aramco said to raise $3bn in debut sukuk sale
Markets»

Saudi Aramco said to raise $3bn in debut sukuk sale

Thursday, 6 April 2017 3:14 PM

Source says oil giant may boost size of sale because of investor demand


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