Home / Tag Archives: Saudi

Tag Archives: Saudi

Israel and Saudi Arabia arguing foundress economic link

The British newspaper The Times reported that Israel and Saudi Arabia are discussing the establishment of economic relations between them. Two weeks ago, Saudi Arabia announced the severing of ties with Qatar because of its ties with Iran and the financing of other terrorist elements, leading the Arab boycott of …

Read More »

Saudi government preparing a big investments in the U.S

Officials said earlier that many of the agreements would flesh out previously announced plans. © Thomson Reuters 2017 National oil giant Saudi Aramco expects to sign $50 billion of deals with U.S. companies on Saturday, part of a drive to diversify the kingdom’s economy beyond oil exports, Aramco’s chief executive …

Read More »

Oil prices rebounded from five-month lows on Friday

oil price

Oil futures slumped to a five-month low overnight before mounting a recovery on Friday (5 May), after Saudi Arabia’s Opec governor claimed major oil producers were converging on the need to extend production cuts beyond June. “So, beyond a short-term movement it is difficult to predict the likely direction of …

Read More »

Saudi’s National Commercial Bank Q1 net profit of QR91.2 mn

[nL8N1HH04P] NCB’s total operating income climbed by 2.9 percent during the quarter as a result of higher trading income, income from investments and gains on non-trading investment. Shutterstock photoUPDATE 1-Saudi’s National Commercial Bank Q1 net profit up 2.7 pct (Adds context, detail) DUBAI, April 18 (Reuters) – Saudi Arabia’s National …

Read More »

Saudi Aramco bulks up Asia investments to boost appeal for IPO

Samba Capital, the investment arm of Saudi Arabia’s third-largest bank by assets, is one of the more active local investment banks. Samba Financial Group 1090.SE, the parent of Samba Capital, did not immediately respond to a request for comment. REUTERS/Hamad I Mohammed/File PhotoDUBAI Oil giant Saudi Aramco IPO-ARMO.SE has selected …

Read More »