S. Arabia’s NEOM secures $2.67b RCF
Saudi Arabia’s NEOM has secured a $2.67 billion revolving credit facility (RCF) from local lenders.
Browsing Tag
Arab National Bank
CIB Mulls Over Granting Al Futtaim EGP200 – 300 mln Bridge Loan
The Commercial International Bank (CIB) is studying the procedures of granting Al Futtaim Group a bridge loan…
ANB launches ‘10% cash-back campaign’
Arab National Bank has launched a new marketing campaign packed with a unique offering for holders of Al Arabi…
Zain Ksa Rights Issue Update
Saudi Fransi Capital , the lead manager of the on-going rights issue transaction being undertaken by Mobile…
ANB Posts $ 366 M Net Profit In First Half
Arab National Bank (ANB) reported a net profit of $ 366.3 million for the first six months of 2012, compared to $…
Zain KSA Shareholders Approve Capital Restructuring Plan
Zain KSA said it had received shareholders' support for its capital restructuring plans. The approval came at an…
Fitch Affirms Saudi Arab National Bank’s Rating At A; Outlook Stable
Fitch Ratings has affirmed Arab National Bank's (ANB) Long-term Issuer Default Rating (IDR) at 'A' with a Stable…
NCB Capital: Saudi Banks’ Loan Growth Will Boost Profits
Profit growth for Saudi banks in 2012 will be driven by strong growth in loan volumes, particularly in the retail…
Egyptians in Saudi Arabia celebrate “dollar certificates”
Egyptians living in Saudi Arabia celebrate the new dollar certificates of deposit for Egyptians living abroad,…
Saudi Bourse Bull Run Just Begins
Heavy flows of new money into Saudi Arabia’s stock market mean its bull run may just have begun, despite…
