Saudi Arabian Cooperative Insurance Company (8100.SE)

A.M. Best Maintains Under Review With Negative Implications Status for Saudi Arabian Insurance Company B.S.C. (C)

Howard Gough Appointed New CEO for Cigna in the Middle East and North Africa (MENA)

Cigna, a global health service company,announced appointment of Howard Gough as CEO of the MENA region as part of the company's expansion plans.

Frustrated Lebanese depositors turn rage on crisis-hit banks

Lebanon's financial crisis and dollar shortage have prompted commercial banks to impose strict caps on withdrawing dollars

Lebanese bank regulator seeks details of transfers to Switzerland-circular

The circular, dated January 14, does not ask the banks for the names of customers who made the transfers.

Lebanon central bank asked banks to review transfers by politically exposed people-circular

The circular asked the banks to comply by January 31.

Lebanon's Blom Bank increases capital by 10%

The increase is equivalent to $261.94mln and will be made through cash contributions to capital

Euro zone banks earn more from lending despite moans over negative rates

The ECB cut its deposit rate to minus 0.5% in September but has long argued that banks are net beneficiaries of its super-easy policy

Saudi CMA approves Tihama's capital hike request

The increase will be limited to the shareholders who are registered in the shareholders' registry at the Security Depository Center

Shares set fresh records, lifted by U.S. housing data

Optimism over corporate earnings and indications of resilience in China’s economy also lifted equities and pushed government debt yields higher

Oil steadies as Chinese economy offsets trade optimism

Brent crude futures rose 23 cents to settle at $64.85 a barrel

Lebanon's bonds slump on bond swap worries

The troubled country's March 2020 issue shed 5.8 cents to 82 cents in the dollar,

Beirut reference rate lowered -Lebanon banking association

The rate was 10.39% for dollars and 13.49% for Lebanese pounds in December 2019