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China’s Envision Energy to build wind turbine manufacturing plant in Saudi -report
Plus: Management consultancy Arthur D. Little opens regional HQ at Kafd
Aramco returns to international debt markets after three years
Good morning, ladies and gentlemen, and happy almost-THURSDAY. It’s a mixed bag as far as the news cycle goes, with…
Saudi Investment Bank says it is not in sale talks
Plus: Continuing run of good news for shareholders, Aramco announces new oil and gas discoveries
Local Islamic banks’ standalone credit profiles set to remain robust next year, says Fitch Ratings
Deposits are set to remain primary source of funding for Islamic banks, according to the report
UBS taps Al Zaouk to lead wealth management franchise in Saudi
UBS has hired 10 people to accelerate its wealth management push in Saudi, the UAE, and Bahrain
Top 10 banks saw strong earnings in the first quarter of the year
The increase was supported by a decline in operating expenses
Mashreq Bank taps banks for AT1 bond issuance
Investor meetings are set to take place today
Listed-GCC banks’ revenues fall for the first time since 2021, says Kamco Invest
Outstanding credit facilities in Saudi saw the fastest q-o-q growth in six quarters to SAR 2.7 tn
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