Financial Services KSA Edition
Latest News
Saudi wealth fund in talks to raise up to $8bln bridge loan: sources
The sovereign wealth fund finalised a deal last month to sell its 70 percent stake in Saudi Basic Industries
Saudi's Kingdom Holding has raised $1bln in debt finance, to invest mainly in local market - CEO
The investment firm will also decide on the local real estate assets to be monetised within three months
Fitch rates Saudi Aramco's debut bonds final A+
The ratings are in line with Saudi Aramco's 'A+' Issuer Default Rating (IDR), which has a Stable Outlook.
Saudi Kingdom Holding CEO says didn't buy Aramco bonds
The company is exiting some mature assets, while also wants to monetise its real estate portfolio, said Talal Ibrahim al-Maiman
Saudi insurance market sees 28% profit drop in 2018
Assessment from S&P comes after 32 of the 33 listed re/insurance companies published their end-2018 financial reports
Aramco sets record with $100bln demand for landmark bond
Aramco was expected to raise around $10bln from the deal
$431,000 allocated for Saudi farmers to go organic
Contract with farmers aims to produce safe high-quality food, preserve the environment and natural resources among others
Saudi Banks to see double-digit asset growth by early 2020: Samba CEO
Riyadh plans to increase state spending to an all-time high
Mideast Stocks: Banks lift Saudi, Dubai continues to rally on Emirates NBD deal
Emirates NBD hovers around 11-year high
Kuwait inks financial aid agreement for Bahrain
Kuwait, Saudi Arabia and the UAE pledged financial aid to Bahrain last year to rescue the country from a potential debt crisis
Insights
IPOs will remain endangered species in Europe
Bankers hunting Europe equity raisings have had a fallow start to the year. They should get used to it.
Hedge funds' oil positions start to look stretched: Kemp
Hedge fund managers continue to accumulate positions in crude and gasoline
Would a political Fed rescue the world?
President Donald Trump to put two strong partisans on the Federal Reserve board.
