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Last Updated: Wed, Mar 22 2017 | 4:17 PM |
Saudi Arabia spends money to make money
Politics & Economics»

Saudi Arabia spends money to make money

Wednesday, 22 March 2017 8:17 PM

Tour of Asia by Saudi Arabia's King Salman advances drive to attract foreign investment but comes with an expensive price tag

Saudi ratings cut on worsening public finances
Politics & Economics»

Saudi ratings cut on worsening public finances

Wednesday, 22 March 2017 7:56 PM

Fitch Ratings reduces Saudi Arabia’s rating to A+, the fifth-highest investment grade

Creditors of struggling Saudi builder agree financing extension
Banking & Finance»

Creditors of struggling Saudi builder agree financing extension

Wednesday, 22 March 2017 4:33 PM

Banking sources say Saudi Binladin Group will be able to extend $1.1bn Islamic credit facility by two years

Deflation in Saudi Arabia eases in February
Politics & Economics»

Deflation in Saudi Arabia eases in February

Wednesday, 22 March 2017 2:14 PM

First deflation seen in Gulf kingdom for more than a decade was recorded earlier this year

Qatar may be lone hold-out as Gulf raises rates after Fed
Politics & Economics»

Qatar may be lone hold-out as Gulf raises rates after Fed

Thursday, 16 March 2017 2:46 PM

Most Gulf countries lift key rates by a quarter of a percentage point in response to US move

Moody's raises its Saudi banking system outlook
Banking & Finance»

Moody's raises its Saudi banking system outlook

Wednesday, 15 March 2017 10:47 AM

"Banks' liquidity and funding conditions will improve"

Saudi Arabia's billionaire family plans local listing
Banking & Finance»

Saudi Arabia's billionaire family plans local listing

Tuesday, 14 March 2017 9:36 AM

KSA plans to almost double the size of its stock market by attracting privately owned firms

How one Dubai bank, born in the eye of the storm, made it work
Banking & Finance»

How one Dubai bank, born in the eye of the storm, made it work

Tuesday, 14 March 2017 8:44 AM

“We have been growing nicely over the years" and increasing profits, says CEO

2
Saudi earnings face slow recovery from two-year slump
Banking & Finance»

Saudi earnings face slow recovery from two-year slump

Friday, 10 March 2017 11:02 AM

Analysts say stronger oil prices recently and government borrowing have encouraged Riyadh to loosen its purse strings

Saudi private sector growth hits 18 month high in February
Politics & Economics»

Saudi private sector growth hits 18 month high in February

Friday, 10 March 2017 1:13 AM

New survey says business conditions in kingdom improved at the quickest rate since August 2015,

Saudi Arabia's budget deficit forecast to fall to $86bn in 2017
Politics & Economics»

Saudi Arabia's budget deficit forecast to fall to $86bn in 2017

Friday, 10 March 2017 1:12 AM

BofA Merrill Lynch research note says deficit will narrow on back of higher oil prices, discipline in spending and non-oil revenue measures

UAE's Mubadala still mulling plan to invest in huge tech fund
Banking & Finance»

UAE's Mubadala still mulling plan to invest in huge tech fund

Wednesday, 8 March 2017 3:20 PM

Vision Fund could grow as large as $100bn and become a kingpin in the high-tech industry

French bank mulls stake sale in Banque Saudi Fransi
Banking & Finance»

French bank mulls stake sale in Banque Saudi Fransi

Wednesday, 8 March 2017 2:20 PM

Sources say Credit Agricole has picked JPMorgan to help in a potential sale of its 31% stake

Banking & Finance»

"UAE will be the most affected by the introduction of VAT", says BMI

Tuesday, 7 March 2017 10:31 AM

Expats will weather the storm due to exemptions on many basic goods

Funds expect Saudi Aramco to be valued around $1-1.5trn
Markets»

Funds expect Saudi Aramco to be valued around $1-1.5trn

Monday, 6 March 2017 3:02 PM

Valuation of Aramco. the world's biggest oil firm, has been the focus of intense speculation since IPO announcement


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