Saudi Arabia
BNY Mellon Lands A Big Ally For Expansion In Saudi Arabia
Middle East Business News - Published date: .
NCB Capital is the kingdom's biggest asset manager and investment bank Read more
Coronavirus, Low Oil Prices Set To Speed Up Gulf Bank Mergers
Middle East Business News - Published date: .
Moody's Investors Service says financial concerns in the region will play a larger role in encouraging deals Read more
Saudi Arabia Extends Coronavirus Stimulus Package But Narrows Scope
Middle East Business News - Published date: .
The initiative, which was due to expire in October, will now continue until January and will support half of all Saudis ... Read more
Credit Agricole Exits Saudi Arabia With $386m Fransi Sale
Middle East Business News - Published date: .
About 48.3m shares were sold at 30 riyals each as the stock closed at 32.20 riyals on Sunday Read more
Abu Dhabi Reveals Huge Surge In Saudi Trade Deals
Middle East Business News - Published date: .
The value of non-oil trade in goods between Abu Dhabi and Saudi Arabia over the past decade hits $134.5bn, just slightly... Read more
Why Saudi Arabia Could Soon Rival Dubai For Fintech Funding
Middle East Business News - Published date: .
AstroLabs co-founder highlights 'exciting growth' in Gulf kingdom as it looks to enhance its digital ecosystem Read more
GCC Investor Sentiment Rebounds After Q2 Coronavirus Hit
Middle East Business News - Published date: .
Iridium Advisors' research shows how Saudi Arabia took a 34 point battering to investor sentiment in the second quarter ... Read more
Saudi Chemical Giant To Tap Bond Market For $1bn
Middle East Business News - Published date: .
Saudi Basic Industries Corp loses $592m in the second quarter as the coronavirus pandemic hit economies across the globe Read more
Saudi Aramco Appoints CEO To Run $500m Investments Arm
Middle East Business News - Published date: .
Sources say Mahdi Aladel will take over as CEO of Saudi Aramco Energy Ventures Read more
Alwaleed's Kingdom Holding Eyes Europe Over US For Deals
Middle East Business News - Published date: .
Saudi billionaire's investment firm sees Europe as a better place to invest due to inflated prices in the US Read more
Saudi Sovereign Fund Said To Hire Ex-Morgan Stanley Risk Officer
Middle East Business News - Published date: .
PIF received an injection of $40bn from the kingdom's reserves in March and April as it sought investment opportunities ... Read more
Saudi Wealth Fund Is Said To Repay $10bn Bridge Loan
Middle East Business News - Published date: .
Loan taken last year ahead of $70bn sale of stake in Saudi Basic Industries Corp Read more
State Street Opens Saudi Office As It Expands Into Middle East
Middle East Business News - Published date: .
The Boston-based financial-services firm is entering Saudi Arabia as part of its plans to boost its presence in the Midd... Read more
JPMorgan Sees Virus Fallout Stoking Middle East Deals Into 2021
Middle East Business News - Published date: .
The first six months saw $72 billion of bond issuance from the region, the busiest start yet Read more
Standard Chartered Bank Appoints New Saudi CEO
Middle East Business News - Published date: .
Standard Chartered Bank was awarded the licence to setup a banking branch in Saudi Arabia in 2019 Read more
Saudi Car Rental Firm Theeb Hires Fransi Capital For IPO
Middle East Business News - Published date: .
The IPO could happen next year, depending on how quickly the company recovers from the impact of the coronavirus outbrea... Read more
Saudi's SRC To Issue Domestic Sukuks With $1.3bn Funding Target
Middle East Business News - Published date: .
Company is also looking to attract 'significant amount' by tapping international markets Read more
FDI At Saudi Arabia's King Salman Energy Park To Exceed $2bn
Middle East Business News - Published date: .
Upon completion SPARK will add SAR22bn annually to Saudi Arabia's GDP by 2035 Read more
Saudi Arabia Explores Income Tax, Privatisation To Boost Finances
Middle East Business News - Published date: .
'Saudi Arabia is not in austerity and we are not getting into an austerity phase,' said Finance Minister Mohammed Al Jad... Read more
Middle East Wealth Funds Plan More European Bargain Hunting, Says Invesco
Middle East Business News - Published date: .
Over the next 12 months, about 43% of sovereign funds in the region will buy equities with lower valuations Read more