Saudi King To Undergo Back Operation
Saudi Arabia's King Abdullah will undergo a back operation next week to tighten a loose ligament in his back, the…
Saudi Allows Rights Trade On Stock Market
Saudi Arabia's Capital Market Authority is allowing subscription rights for share offers to be listed and traded on…
Kia Sees 3.1pc Global Growth In Oct
Kia Motors has announced its global sales figures for passenger cars, recreational vehicles (RVs) and commercial…
Global Worries ‘Spark Repayment Fears In Mena’
Uncertainty over the global economy is increasingly prompting Middle Eastern companies to use financial instruments…
Barclays Saudi Investigation Adds To Jenkins’s Regulatory Woes
Barclays Plc (BARC) Chief Executive Officer Antony Jenkins, almost two years after his predecessor said it was time…
GIB Picks Banks For $4b Bond
Gulf International Bank (GIB), majority owned by the Saudi Arabian government, has mandated banks to arrange a…
Al Baraka Banking Group Net Profit Rises 12% In Q3
Bahrain-based Islamic lender Al Baraka Banking Group posted a 12 percent rise in third-quarter net profit, the bank…
Egypt Cotton Exports Reach 1,267 Tons In Week Ending Nov. 8
Egypt agreed to export 1,267 metric tons of cotton in the week ending Nov. 8, according to the Alexandria Cotton…
Lenovo Reports Second Quarter 2012/13 Results
Lenovo Group today reported results for its second fiscal quarter ended September 30, 2012. Outgrowing the market…
Faisal Bank’s Finances Hit EGP 3.199 Bln At End Of September
Faisal Islamic Bank of Egypt’s Musharaka and Mudaraba fell by 149.8 billion (4.4%), registering EGP 3.199 billion…