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Latest Saudi Arabia Banking News
- DFSA to tighten up corporate governance 9 Nov 2009 16:54 GMT
... published policy recommendations for regulating the regional banking industry. Bankers said the region must learn ... said Mr Copleston, whose bank lent two Saudi conglomerates, the Saad Group and Ahmad Hamad ... Although generally well capitalised, confidence in GCC banks and their lending methods was shaken after ...
- Leaders at Muslim forum in Turkey tout Islamic banking to revive economies 9 Nov 2009 13:55 GMT
... at a Muslim forum touted their religion's banking system a way to revive battered economies. ... the Koran, is fighting with Allah." Islamic banks operate on Shariah law, which bans those ... instruments. The Islamic Development Bank, based in Saudi Arabia, comprises member countries of the Islamic ...
- Kayan hammers Saudi benchmark 9 Nov 2009 03:31 GMT
... higher close, while a sharp correction in Saudi Kayan Petrochemical shares weighed down the Saudi ... TASI, which also came under pressure from banking stocks, slipped 1.5 percent to 6,256 points. Banque ...
- Saudis court commerce 9 Nov 2009 12:12 GMT
... Arab Emirates | Contrary to general impressions, Saudi Arabia is an easier place than many ... 128 business-related services ranging from licensing to banking. Saudi economic columnist and businessman Hussein Shobakshi ...
- Al Tamimi eyes Jeddah as base for Saudi expansion 9 Nov 2009 18:14 GMT
... Company is aiming to expand into Jeddah, Saudi Arabia’s second-largest city and commercial hub. The ... Jeddah office would allow it to access banking, corporate and project finance opportunities in the ...
- Islamic bank assets up 29% 9 Nov 2009 03:31 GMT
... DUBAI: Islamic banks have attracted more assets than conventional banks ... found assets held by Islamic banks or Shariah-banking arms of conventional banks rose 29 percent ... Gulf banks, led by Al-Rahji Bank of Saudi Arabia, are making their mark in the ...
- Iran president slams capitalism 9 Nov 2009 13:55 GMT
... at a Muslim forum touted their religion's banking system a way to revive battered economies. ... the Koran, is fighting with Allah." Islamic banks operate on Shariah law, which bans those ... instruments. The Islamic Development Bank, based in Saudi Arabia, comprises member countries of the Islamic ...
- What if I told you ... 9 Nov 2009 07:31 GMT
... control of both the mortgage and the banking industries and that 19 of America's largest banks would be forced to undergo stress tests ... to the Middle East, bow before the Saudi king and repeatedly apologize for America's past ...
- G-20 finance officials: Too early to end stimulus 9 Nov 2009 00:26 GMT
... withdrawing some of its emergency lending to banks. On climate change, the G-20 officials also ... emphasized the need for quick implementation of banking industry reform, saying that stronger standards should ... Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the ...
- Glance-PRESS DIGEST - British business press - Nov 9 9 Nov 2009 05:54 GMT
... offer in BROKERS UNITE OVER CLAIMS OF BANKS BULLYING THEIR CLIENTS Three leading City stockbrokers ... the City minister, Lord Myners, accusing Lloyds Banking Group and Royal Bank of Scotland of ... BAE have a substantial presence, such as Saudi Arabia and Australia. Alan Johnston, managing director ...
- World experts meet in Dubai to discuss means to improve MENA corporate governance at Hawkamah-OECD 4th Annual Conference 9 Nov 2009 05:11 GMT
... "A Policy Brief on Corporate Governance of Banks will be released on this occasion. Apart ... ; Dr. Sami Baroum, Managing Director of Saudi-based Savola Group; Mr. Hamid Busaid of Omani ... Directors, Egypt; Mr. Saleh Hussain, Vice-chairman of Bankers Association of Bahrain; and Dr. Dawood Al ...
- Peak oil review - Nov 9 9 Nov 2009 11:37 GMT
... and call on increased production from spare Saudi capacity to keep prices in check. This, ... the form of mineral stockpiles rather than mortgage-backed securities. Other reasons for falling demand would ... in the next couple of years. China's banking system, although not shocked directly by the ...
- G-20 pledged to maintain economic stimulus and asked for IMF monitoring 9 Nov 2009 05:10 GMT
... is assured." G-20 finance ministers and central bankers, gathered in the Scottish town of St. ... population—emphasized the need for quick implementation of banking industry reform, saying that stronger standards should ... Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the ...
- Petrodollars Overlooked - an interview with Mahmoud El-Gamal 9 Nov 2009 11:51 GMT
... the cycle could be catastrophic. The next banking crisis, for example, might be accompanied by ... receipts in dollars, but as the central bankers of Saudi Arabia and Kuwait were just saying the ...
- US saved world from new tax for bank transfers 9 Nov 2009 10:10 GMT
... to be applied for support of the banks hit by the financial crisis. “Such an ... by its essence as applying it the bankers would simply stop bearing responsibility for risky ... Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, UK and US. Two ...
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