Global Financial Market Review

Middle East Business News - Published date: Tuesday September 29, 2020.

The initiative, which was due to expire in October, will now continue until January and will support half of all Saudis ... Read more

Middle East Business News - Published date: Thursday September 24, 2020.

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

Middle East Business News - Published date: Wednesday September 23, 2020.

Commerce Minister says gov't is reing what is 'best for the people and the nation and its interests' Read more

Middle East Business News - Published date: Wednesday September 23, 2020.

Analysts ponder the rise of green bonds in a region known for oil wells, tankers and sprawling natural-gas plants Read more

Middle East Business News - Published date: Wednesday September 09, 2020.

Ahmed Alkholifey, head of the Saudi Arabian Monetary Authority, says he is confident the country's economy will weather ... Read more

Middle East Business News - Published date: Friday September 04, 2020.

Euromoney virtual investor conference is dominated by Saudis anxious about higher taxes and rising costs Read more

Middle East Business News - Published date: Thursday July 09, 2020.

Over 650,000 people have directly benefited from the measures, according to the kingdom's Ministry of Finance Read more

Middle East Business News - Published date: Monday July 06, 2020.

Ahmed Alkholifey said some foreign banks have delayed opening in the kingdom because of the virus Read more

Middle East Business News - Published date: Sunday July 05, 2020.

Saudi Arabia, by contrast, saw a sustained deterioration in overall business conditions, according to IHS Markit's Purch... Read more

Middle East Business News - Published date: Monday June 29, 2020.

The National Commercial Bank-Samba merger would create a banking giant in terms of loans with almost a 30% market share... Read more

Middle East Business News - Published date: Thursday June 25, 2020.

Samba Financial Group CEO Rania Nashar expects a fully recovery by the end of 2021 Read more

Middle East Business News - Published date: Tuesday May 05, 2020.

Saudi Arabian Monetary Authority to maintain exchange rate at 3.75 riyals to the dollar Read more

Middle East Business News - Published date: Thursday February 06, 2020.

Jadwa Investment forecasts 1.7% inflation rate in Gulf kingdom this year as non-oil economy is expected to expand Read more

Middle East Business News - Published date: Monday November 25, 2019.

Key questions answered on Saudi oil giant's IPO ahead of its launch next month Read more

Middle East Business News - Published date: Sunday November 10, 2019.

Some money managers believe the energy giant is worth less than the valuation target of Saudi Arabia's Crown Prince Moha... Read more

Middle East Business News - Published date: Friday November 08, 2019.

Olayan family and Prince Alwaleed Bin Talal among big names reportedly negotiating deals to buy stock in Aramco Read more

Middle East Business News - Published date: Thursday November 07, 2019.

To lure investors, Aramco has promised a bumper dividend payment of at least $75bn a year Read more

Middle East Business News - Published date: Tuesday November 05, 2019.

Among 16 banks that offered an Aramco valuation, the range in estimates ran from $1.1trn at the bottom right up to $2.5t... Read more

Middle East Business News - Published date: Tuesday November 05, 2019.

From tapping lenders to selling personal assets, Saudis are scrambling to raise cash to invest in Aramco stocks Read more

Middle East Business News - Published date: Monday November 04, 2019.

Everyone is being encouraged to invest in the kingdom's most important asset and many Saudis see the IPO as a demonstrat... Read more