Moody’s estimates that the merger would create the third-largest bank in Saudi Arabia
The Nasdaq Dubai exchange plans to launch futures contracts this year on companies listed on the Saudi Arabian stock market.
Low insurance policy prices are forcing Saudi hospitals into bankruptcy, according to Chairman of Saudi German Hospital Group.
Across the GCC, the private education market is becoming a magnet for investors
The kingdom’s banks are eyeing opportunities stemming from planned government reforms
The merger is the first major banking tie-up in almost 20 years as Saudi Arabia embarks upon a plan to transform its economy
The Japanese technology investor already has close links with Riyadh after Saudi Arabia's Public Investment Fund contributed to SoftBank's $93bln Vision Fund
RBS has been trying to reduce its stake in Saudi Arabia's Alawwal Bank as part of efforts to shrink its balance sheet
The combined assets of the two banks is around $77bln
ADS Investment Solutions, a subsidiary of ADS Securities, aims to list the ETF as soon as in the next few weeks