Saudi Arabia’s stock market rose in early trade on Monday as investment firm Kingdom Holding continued rebounding …
Alwaleed bin Talal
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Banks
Saudi billionaire prince Alwaleed’s $1 bln loan for Fransi Stake is said on hold
by Yomna Yasserby Yomna YasserKingdom Holding Co.’s plan to raise around $1 billion in loans is on hold after its owner Saudi …
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Kingdom Holding’s plan to borrow money to fund new investments has stalled because owner Prince Alwaleed bin …
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Banks
UAE asks banks for information on 19 Saudis’ accounts: sources
by Yomna Yasserby Yomna YasserThe United Arab Emirates Central Bank and securities regulator have asked banks and finance companies in the …
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Real Estate
TMG says to self-finance Egypt hotel project after Saudi prince Alwaleed’s arrest
by Yomna Yasserby Yomna YasserEgypt’s largest listed property developer Talaat Moustafa Group says it will finance the expansion of Four Seasons …
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European stock markets traded slightly higher on Tuesday morning, as investors monitored a fresh batch of corporate …
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Major Gulf stock markets mostly dropped early Tuesday because of continued jitters about Saudi Arabia’s sweeping anti-corruption …
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Banks
Al Baraka Bank Egypt says the bank unaffected by Saudi Saleh Kamel’s arrest
by Yomna Yasserby Yomna YasserAl Baraka Bank Egypt said Monday that the detention of Saudi billionaire Saleh Kamel in the Kingdom’s …
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World
Citigroup, Twitter shares may fall as holdings of billionaire Saudi prince detained over weekend are
by Yomna Yasserby Yomna YasserShares of Citigroup and Twitter could be unlikely casualties of a stunning power struggle unfolding in Saudi …
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MENA News
A ‘Game of Thrones’ in Saudi Arabia playing now that has big implications for oil
by Yomna Yasserby Yomna YasserThe so-called corruption crackdown in Saudi Arabia over the weekend may be the start of a bigger …