News
Saudi mortgage law will spur market sophistication: Al-Mutawa
The chief executive of Ewaan Global Residential Co. says Saudi Arabia's housing market continues to wrestle with a shortage of supply and mounting demand, which has placed home ownership out of reach ...
ICIEC capital increase set to boost underwriting business in Saudi Arabia
The Islamic Corporation for the Insurance of Export Credits and Investment (ICIEC), the standalone export credit agency (ECA) of the Islamic Development Bank (IDB) Group, received a major boost for ...
SABB investing in young graduates
The well-structured development program is a key initiative designed by the bank in line with its commitment to invest and develop Saudi nationals in order to groom them to take up critical future ...
Is Kingdom heading for debut sukuk in 2012?
The aspirations are clearly growing but whether sovereign Saudi Arabia is any nearer to issuing a debut sukuk in early 2012 as market speculation suggests must remain a moot point.
War of words between Riyadh chamber and investment authority
The study, presented in the recent Riyadh Economic Forum (REF), said that 68% of investors in the Kingdom had to resort to bribery or other corrupt practices to start businesses and that government ...
German firms upbeat on Saudi trade
A top German official has confirmed that investments from German companies in the Kingdom are increasing despite the debt crisis in Europe.
Credit card fees under scrutiny in UAE
A sharp expansion in fees imposed by banks in the UAE on credit card holders has prompted the central bank to study the issue to check whether banks are overdoing such fees.
Al Ansari and flydubai sign agreement
Al Ansari Exchange, has signed a partnership agreement with flydubai, Dubai's pioneering low-cost airline, allowing customers to pay for their bookings at any of its over branches across the UAE.
UAE families see uptick in Q4 expenditure
Nearly half of UAE-citizen families in Abu Dhabi expect their monthly spending will go up in the fourth quarter of the year, according to opinion polls results.
Volatility creates long term opportunities: HSBC
Short-term sentiment has driven markets at the expense of long term investment thinking during a markedly volatile 2011, says HSBC Global Asset Management.