Saudi banks plunge on tax payments, Wall Street’s decline weighs on Gulf
Saudi shares fell sharply on Sunday, with banking shares dropping after lenders said they had reached a deal with…
Browsing Tag
Saudi banks
Saudi Banks To Gain From Sukuk Growth
The Saudi sukuk market will continue to grow over the next 12-18 months, a credit positive for Saudi banks,…
Saudi Banks Net SAR9.3bn In Q1
Saudi Arabia's banks netted nearly SR9.3 billion (Dh9.2 billion) in the first quarter of 2013 after achieving their…
Saudis Save $1 Bln A Week As Egypt Counts Wheat, HSBC Says
Oil-rich Gulf Arab countries, led by Qatar and Saudi Arabia, are widening the wealth gap with the region’s energy…
Saudi Banks Seen To Post Double-Digit EPS Growth
Saudi banks are on track to deliver double-digit earnings per share (EPS) growth, offering attractive value within…
Saudi Banks’ Net Profits Jump 12.4% In 9 Months
From around SR24 billion in the first nine months of 2011, the aggregate net income of Saudi Arabia's 12 banks…
Saudi Banks’ Credit To Private Sector Steps Up
Saudi commercial banks' credit to private sector remains on accelerating mode as the growth rate touched 14 percent…
Saudi Banks’ Net Profits Up Strongly In 7 Months
Saudi banks netted more than SR21 billion in the first seven months of 2012 as lending continued to gain momentum…
Saudi Banks Most Profitable In Middle East
Out of the top 50 banks in the Middle East ranked by assets for the period H1 2011, Saudi banks lead the pack…
Saudi Banks Benefit On Bourse Bounce
Middle Eastern stock markets rallied in the first quarter of 2012, recovering most of the losses of 2011. But the…
