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Riyad Bank

Riyad Bank latest

Saudi Arabia: Two Largest Commercial Banks End Merger Talks
December 18th, 2019 - 07:34 GMT

Saudi Arabia: Two Largest Commercial Banks End Merger Talks

The boards of directors of the two largest banks in Saudi Arabia, in terms of capital, have announced their final decision to formally end the year's discussions on their merging. This announcement ends the idea of forming the largest commercial bank in Saudi Arabia and the region. Following the end of transactions on Monday, the Saudi Stock Exchange (Tadawul) announced Saudi Arabia’s biggest lender by assets, National Commercial Bank (NCB) ...
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Saudi Arabia Central Bank Governor: No More Bank Mergers For the Time Being. (Shutterstock)
February 24th, 2019 - 10:57 GMT

Saudi Arabia Central Bank Governor: No More Bank Mergers For the Time Being

Profitability at the five largest Saudi banks could be pressured going into 2018, according to Moody's. (File photo)
August 13th, 2017 - 11:14 GMT

Saudi Banks to Face Profitability Pressures in 2018: Moody's

Saudi Aramco's IPO is scheduled in the second half of 2018. (AFP/Fayez Nureldine)
March 23rd, 2017 - 11:03 GMT

Saudi Aramco chooses Islamic bonds in the run-up to its much-anticipated IPO

The sovereign action reflects the ongoing negative impact of lower oil prices on Saudi’s fiscal position 
and economic strength. (Argaam)
May 19th, 2016 - 05:00 GMT

Moody's downgrades nine Saudi banks

Aramco has been seeking to make inroads into more advanced chemicals to diversify away from its oil and basic petrochemicals businesses.
February 19th, 2015 - 11:07 GMT

What's going on? World's largest oil exporter Aramco seeking $10 billion loan

Al Bawaba
February 4th, 2015 - 07:00 GMT

Wealth in the land of Arab Spring: Egypt's top ten richest men in 2014

Saudi Basic Industries Corp (SABIC), the Gulf’s biggest list company and one of the world’s top petrochemical producers, will pay two months’ basic salary to Saudi employees.
February 4th, 2015 - 04:55 GMT

Imitating royal handouts: Saudi Arabia's largest companies to issue free bonuses (to nationals only of course)

KSA's foreign assets reached a record high of SR2.66 trillion ($708.8 billion) (Shutterstock)
December 1st, 2013 - 08:13 GMT

KSA's foreign assets reach record high in 2013

Growth in Saudi Arabia’s public sector has been quite strong with loans increasing by 20.5 per cent year-to-date.
October 10th, 2013 - 12:36 GMT

Are MENA stock markets hitting the right notes?

Al Bawaba
June 4th, 2013 - 10:08 GMT

Saudi Tadawul up to a two-week high

One Saudi Riyal
May 27th, 2013 - 12:05 GMT

'Top 100’ Saudi firms gain 35% to $83bln

Four out of Tadawul's 15 sectors witnessed a positive change
May 26th, 2013 - 10:33 GMT

Saudi Tadawul ends Six-day surge in the red

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