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…
Browsing Tag
KSA’s banks
Saudi’s Al Rajhi Bank Posts Small Q4 Net Profit Rise
Al Rajhi Bank, Saudi Arabia's largest listed lender, posted a small rise in fourth-quarter net profit on…
Tarek Amer Likely To Head A Saudi Arabian Bank: Sources
One of the largest banks in Saudi Arabia is in talks with Tarek Amer, former chairman of National Bank of Egypt…
Saudi Holland Bank Shareholders Approve 1.4 Bln-Riyal Sukuk
Saudi Hollandi Bank shareholders have agreed to issue an Islamic bond, or sukuk, worth 1.4 billion riyals ($373…
Islamic Development Bank Signs US$ 2 Bln Co-Financing Agreement With KDB
Islamic Development Bank (IDB) signed a Framework Co-financing Agreement (FCA) with Korea Development Bank (KDB) at…
Islamic Development Bank’s USD800 Mln Sukuk Issuance Rated At ‘AAA’
Fitch Ratings has rated Islamic Development Bank's (IDB) issuance of USD800m Trust Certificates due 26 June 2017…
SABB Named Best Bank In Saudi Arabia
The Saudi British Bank (SABB) was named the "Best Bank in Saudi Arabia" by Arabian Business Magazine. The…
Saudi SABB’s FSR Affirmed At ‘A’
Capital Intelligence (CI), the international credit rating agency, announced that it has affirmed the ratings of…
Saudi Islamic Development Bank Prices US$ 800 Mln Sukuk
Saudi-based Islamic Development Bank (IDB) priced an US$800 million five-year sharia-compliant bond, or sukuk, on…
Emirates NBD Is The Largest Lender In MENA: Report
The UAE and Saudi banks were the largest lenders in the Middle East and North Africa (Mena) region with Dubai-based…
