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Saudi Arabia Banking News is an EIN News Service for banking industry professionals. Constantly updated news and information about Saudi Arabia Banking.
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Latest Saudi Arabia Banking News

  • Nothing as solid as land 3 Jul 2009 23:42 GMT
    ... INSIGHT DOWN SOUTH By SEAH CHIANG NEE Banking ... become the world’s best civil servant or bank employee for reasons that are not very complimentary. ... needed to produce more builders rather than bankers, Ngiam said. Engineers were people who built ...

  • Investors keep eye on corporate results 3 Jul 2009 23:41 GMT
    ... JEDDAH/AMMAN: Saudi shares were volatile last week as ... the quarterly results of listed firms, particularly banks and the Saudi Arabian Basic Industries Corp. ... by the mining sector and the Arab Bank, the ASE weekly report said. Blue chip shares ...

  • Over 800 victimized by agent mafia in Saudi Arabia 3 Jul 2009 22:10 GMT
    ... KARACHI: Over 800 Pakistanis went to perform Umrah in Saudi Arabia have been victimized by Travel Agent ... return tickets will be deducted from their banks in Pakistan which they had deposited as ...

  • Bangladesh struggles to tame militants 3 Jul 2009 20:42 GMT
    ... Militants in Bangladesh threaten its young democratic government’s ... party, Jamaat-e-Islami (Jamaat), which has developed a banking and business network, and through funds received ... through funds received from Islamic countries like Saudi Arabia. As happened in countries like Pakistan, ...

  • Kashmir tense amid violent protests 3 Jul 2009 20:40 GMT
    ... Obama&USA&World must also know that 9/11 attack &Mumbai ... THEY wanted to make muslims as vote banks and to USE them as solid vote bank and founded the crooked Nehru Dynasty.While muslims in ...

  • Algosaibi, Saad groups borrowed $860mn more than reported 3 Jul 2009 20:22 GMT
    ... Algosaibi, Saad groups borrowed $860mn more than reported ... $7.43bn through syndicated loans from 88 international banks, including BNP Paribas SA, Citigroup and Arab Bank, according to a document provided by one lender. ...

  • Arab bourses foggy ahead of Q2 results 3 Jul 2009 20:22 GMT
    ... Arab bourses foggy ahead of Q2 results Uncertainty prevailed ... the quarterly results of listed firms, particularly banks and the Saudi Arabian Basic Industries Corp. ... by the mining sector and the Arab Bank, the ASE weekly report said. Kuwait’s KSE all-share ...

  • US canvasses Arabs over sanctions 3 Jul 2009 19:32 GMT
    ... Last Updated: Friday, July 3, 2009, 18:42 The United ... of confrontation between Israel and states like Saudi Arabia and Syria. Although Israel has made ... new Jewish building projects in the West Bank that Israel has spoken of would be enough ...

  • U.S. sets new Israel meeting, presses Arabs to help 3 Jul 2009 19:30 GMT
    ... 's envoy will hold a second meeting in a ... U.S. pressure to halt expansion of West Bank settlements to unblock peace talks with Palestinians. After ... breakthrough of the kind that brought "The Saudis are obviously very cautious. They're not going ...

  • U.S. sounds out Arabs on Israel gestures: diplomats 3 Jul 2009 19:11 GMT
    ... JERUSALEM (Reuters) – The United States and its ... new Jewish building projects in the West Bank that Israel has spoken of would be enough ... the kind that brought Egyptian President "The Saudis are obviously very cautious. They're not going ...

  • Violent protests in Kashmir 3 Jul 2009 18:50 GMT
    ... Look at DIRTY facts.Muslims in collusion with British argued ... Imam of the 2 holy mosques in Saudi Arabia for the past 1400 years.Compare this ...

  • Lashkar-e-Taiba's Financial Network Targets India from the Gulf States 3 Jul 2009 18:32 GMT
    ... Lashkar-e-Taiba’s Financial Network Targets India from the Gulf ... Nepal, Pakistan and the Gulf nations, including Saudi Arabia, seeking funding and logistical support. His ... remittance system which operates outside of 'traditional' banking or financial channels. 2. Indian Islahi centers ...

  • U.S. sounds out Arabs on Israel gestures - diplomats 3 Jul 2009 18:30 GMT
    ... U.S. sounds out Arabs on Israel gestures - diplomats ... of confrontation between Israel and states like Saudi Arabia and Syria. Although Israel has made ... new Jewish building projects in the West Bank that Israel has spoken of would be enough ...

  • Spot the currency link 3 Jul 2009 15:51 GMT
    ... The deterioration in a whole range of asset classes ... Hafeez, head of FX Strategy at Deutsche Bank. "One of the key planks of our bearish ... dovish monetary policy than other major central banks, notably the ECB. [Early June's] aggressive sell-off ...

  • The return of Greek terrorism 3 Jul 2009 15:22 GMT
    ... Greek anti-terrorism police officer Nektarios Savas was shot and ... MNC facilities such as car dealerships and banks, along with security installations and political offices ... attempted February 18 IED attack on a Citibank branch in Athens and a successful attack on ...

  • Rogue trading 3 Jul 2009 15:20 GMT
    ... 14:18 GMT, Friday, 3 July 2009 15:18 UK By ... PVM place orders on behalf of large banks and hedge funds, and regularly make significant-sized ... the case when rogue trading at French bank, Societe Generale, is thought to have cost it ...

  • Arab bourses foggy pending second quarter results 3 Jul 2009 14:12 GMT
    ... AMMAN - Uncertainty prevailed at most of Arab stock ... the quarterly results of listed firms, particularly banks and the Saudi Arabian Basic Industries Corp. ... by the mining sector and the Arab Bank, the ASE weekly report said. Blue chip shares ...

  • U.S. offers deal for settlement freeze 3 Jul 2009 12:50 GMT
    ... JERUSALEM, July 3 (UPI) -- The United States ... countries if it agrees to a West Bank settlement freeze, Israeli official sources said. A report ... have agreed to the U.S. offer, include Saudi Arabia, Iraq and other Persian Gulf countries. ...

  • Ethnic Cleansing as a State Policy 3 Jul 2009 12:12 GMT
    ... Netanyahu demanded that the “Palestinian population,” and not ... committed to expanding settlements in the West Bank, how can anyone seriously expect Palestinians to ... In an editorial on June 16, the Saudi Arabian English daily, “Arab News,” said his ...

  • Three all-weather stocks to buy now 3 Jul 2009 12:11 GMT
    ... Each week, a professional investor tells MoneyWeek where he'd ... bolstering what is already an unrivalled land bank. Land write-downs are also unlikely, given the ... Internationally, the company's long-standing relationship with the Saudi government will be a significant source of ...

  • Morning business news - July 3 3 Jul 2009 11:12 GMT
    ... BANK OF IRELAND SEEING PRESSURE ON ITS NET INTEREST ... interest margin. He says problems arise for banks when their net interest margin falls as ...

  • Rogue trader costs City oil broker $10m 3 Jul 2009 11:01 GMT
    ... , Thursday 2 July 2009 18.30 BST broker was ... almost double the current daily output of Saudi Arabia, the world's largest oil exporter. PVM ... place orders on behalf of large trader banks and hedge funds. Tuesday's unauthorised trades are ...

  • OFW earnings up in Q2-Q3 '08: survey 3 Jul 2009 10:31 GMT
    ... MANILA - The increase in money sent home by ... cash remittances, 76.1 percent were coursed through banks, 11.8 percent through door-to-door, 7.5 percent through ... of the top destinations for OFWs include Saudi Arabia, United Arab Emirates, Singapore, Hong Kong, ...

  • Why oil looks like the latest bubble 3 Jul 2009 10:31 GMT
    ... Why oil looks like the latest bubble There's nothing ... where trillions are being blown away by banks – and billions by other rogue traders ... bloke who busted Barings, Britain's oldest merchant bank. Nor is it anywhere near as costly as ...

  • Oil price high caused by slick rogue trader 3 Jul 2009 09:50 GMT
    ... A ROGUE trader has been blamed for creating a ... on Tuesday, double the daily production of Saudi Arabia and far in excess of the ... PMV place orders on behalf of large banks and hedge funds. The full article contains ...


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