Cedar Tree Investments acquires four apartment buildings in a deal funded by Abu Dhabi Islamic Bank
Factory will manufacture polystyrene sheets reinforced with iron and concrete with the help of Italian technology in Sudair city
Moody's has also affirmed the baseline credit assessment (BCA) of SABB at a3 with a stable outlook
Overall 2018 was a positive year for listed banks in Saudi Arabia.
The initiative is aimed at providing low-cost loans to SMEs
Metlife AIG ANB said it has appointed Saudi Kuwaiti Finance House as its financial adviser for the proposed merger
"We are planning to issue a sukuk in dollars before the end of this year," Fahad al-Saif told reporters on the sidelines of a conference in London.
The planned IPO will comprise 36.5 million ordinary new shares
Saudi Arabia raised its holdings of the US Treasuries by 10.44% in April
The Middle East had a strong representation in the global mix, with 6,004 investment professionals from eight GCC and Middle East countries
Many African nations are facing a funding gap which, if left unaddressed, could constrain future growth
Foreign funds and other types of security will still need to be approved within each UAE jurisdiction that they are promoted
The company appears to be making fewer direct investments but its fixed income assets have swelled
Financial free zones who act too aggressively in the early days risk scaring away potential members, but being seen as too lenient is just as bad