SUSTG.com / Research

Discover stories, topics, and more about Saudi Arebia faster.

We can't find results matching your search.

Adjust your search and try again or browse topics and stories below.

Recent stories from sustg

MUST-READS

  • Foreign Banks
    Foreign banks plan Saudi expansion amid economic reform

    Goldman Sachs, JPMorgan, UBS and Citigroup are all planning to substantially increase their headcount in Saudi Arabia, executives said, as foreign banks expect lucrative opportunities from the country’s privatisation boom and its increasingly liberalised financial markets.

  • International Bond Sale
    Saudi Arabia hires banks for third international bond

    Saudi Arabia could issue up to $10 billion, banking sources said, in what would be its third international bond sale after a $17.5 billion debut international bond last year - the largest ever sold across emerging markets - and a $9 billion sukuk, or Islamic bond, issued in April.

  • Maaden
    Exclusive: Saudi Arabia’s Ma’aden Asks Banks to Refinance Nearly $3 Billion of Debt

    Saudi Arabian Mining Co (Ma’aden), the Gulf's largest mining company, has asked banks to submit proposals for a loan which would refinance some $2.88 billion of existing debt, sources familiar with the matter said on Wednesday.

  • Capital Markets
    Saudi stocks higher driven by banks

    anks helped nudge stock markets in the Gulf higher on Monday with Saudi Arabian lenders, which may benefit from a potential upgrade of the kingdom by index compiler FTSE at the end of next month, outperforming. Egypt firmed on buying by foreign funds.

  • Saudi Banks
    Higher interest rates and cost cutting lifts Saudi banks outlook 

    Bank of America Merrill Lynch said it saw an improved outlook for Saudi Arabian banks due to higher interest rates and cost cutting measures that lenders have been taken to bolster profitability.

  • Saudi Banks
    Top Saudi banks to protect profitability amid challenges

    Saudi Arabia’s big-5 banks could face further profitability pressures as government tightens spending, however these banks will largely protect their profitability in the next 12 to 18 months, according to rating agency Moody’s.

  • Domestic Sukuk
    Saudi Arabian local Sukuk issuance is credit positive for Islamic Banks

    The issuance is credit positive for Saudi banks because their profitability will benefit from the transfer of their large, low-yielding reserves of cash and placements with the Saudi Arabian Monetary Authority (SAMA) and banks to higher-yielding government Islamic bonds.

  • Sukuk Loans
    Saudi Islamic banks to reap benefits from sukuk programme

    The kingdom’s ministry of finance announced on Monday it had sold 17 billion Saudi riyals of sukuk under its newly-launched programme, which is aimed at plugging the budget shortfall caused by lower revenue from oil.

  • Domestic Sukuk
    Saudi finance ministry says 13 banks qualify for domestic sukuk program

    Saudi Arabia's finance ministry said on Tuesday that 13 domestic banks had qualified to participate in the government's planned issuance program for local currency Islamic bonds.

  • Privatization
    Saudi sale of the century lures foreign investment banks, PE firms

    One of the world's largest privatization programs is drawing foreign investment banks and private equity (PE) firms to Saudi Arabia, despite the prospect of low fees and an uncertain regulatory environment.