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MIDEAST STOCKS- #Dubai leads major Gulf markets lower | Nasdaq8h ago ( January 26, 2021 at 4:07 AM ) Most stock markets in the Gulf traded lower on Tuesday, with the United Arab Emirates (UAE) leading the way as rising coronavirus cases in the country dented sentiment.The number of daily coronavirus cases in the UAE, a federation of seven emirates, has tripled in the past month. On Monday authorities registered 3,579 new infections and nine deaths. They do not provide a breakdown per emirate.Dubai's main share index .DFMGI declined 1.4%, dragged down by a 2% fall in blue-chip developer Emaar Pr...Tags: Travel, Saudi Arabia, Dubai, Uae, Gulf, United Arab Emirates UAE, Sheikh Mohammed bin Rashid al Maktoum, Tasi, Dubai Health Authority, Rupert Neil Bumfrey, National Commercial Bank, Al Rajhi Bank, First Abu Dhabi Bank, Emaar Properties EMAR DU, Qatar Insurance, Qatar Islamic Bank QISB 1 people like this. Like Most Gulf markets in red; #Kuwait up on banks | ReutersJanuary 24, 2021 at 1:18 PM Most Gulf markets in red; Kuwait up on banks | Reuters Most stock markets in the Gulf ended lower on Sunday, with Dubai extending losses from the previous session as rising COVID infections in the United Arab Emirates weighed on sentiment.Saudi Arabia’s benchmark index dropped 0.5%, with National Commercial Bank, the country’s largest lender, shedding 1.7%, while Al Rajhi Bank was down 0.5%.The Saudi-led coalition battling Yemen’s Houthi movement said it had thwarted an air attack towards the Sa...Tags: Travel, Saudi Arabia, Qatar, Iran, Middle East, United Arab Emirates, Dubai, Oxford University, Abu Dhabi, Yemen, Kuwait, Uae, Gulf, Reuters, Riyadh, Qatar National Bank 24 people like this. Like #SaudiArabia’s Top Bank Follows #UAE Rivals to Dollar Bond Market - BloombergJanuary 17, 2021 at 4:57 AM Saudi Arabia’s Top Bank Follows UAE Rivals to Dollar Bond Market - Bloomberg Saudi Arabia’s National Commercial Bank hired advisers to tap the dollar bond market, joining rivals in the neighboring United Arab Emirates to take advantage of investors’ appetite for yield.The bank mandated Citigroup Inc., Emirates NBD PJSC, Goldman Sachs Group Inc., JPMorgan Chase & Co., Mitsubishi UFJ Financial Group, NCB Capital and Standard Chartered Plc as lead managers and bookrunners for the potential Islamic ...Tags: Travel, Saudi Arabia, Bloomberg, United Arab Emirates, Dubai, Emirates NBD, Rupert Neil Bumfrey, National Commercial Bank, First Abu Dhabi Bank PJSC, Bloomberg Saudi Arabia, Top Bank Follows UAE 1 people like this. Like MIDEAST STOCKS-Most major Gulf markets fall in early trade; #Qatar up | NasdaqJanuary 14, 2021 at 4:28 AM MIDEAST STOCKS-Most major Gulf markets fall in early trade; Qatar up | Nasdaq Most major Gulf markets were in negative territory on Thursday, mirroring weak oil prices as mounting coronavirus cases globally raised demand concerns, although Qatar bucked the trend to trade higher.Brent crude oil futures LCOc1 fell 18 cents, or 0.3%, to $55.88 a barrel by 0425 GMT. O/RSaudi Arabia's benchmark index .TASI fell 0.4%, with Al Rajhi Bank 1120.SE losing 0.4%, while the kingdom's largest lender, National...Tags: Travel, Qatar, Britain, Middle East, United Arab Emirates, Dubai, Abu Dhabi, Uae, Gulf, Reuters, Aramco, Qatar Islamic Bank, Tasi, Rupert Neil Bumfrey, National Commercial Bank, Al Rajhi Bank 6 people like this. Like Mideast Stocks: Most major markets end higher on oil price gains | 路透January 13, 2021 at 10:15 AM Mideast Stocks: Most major markets end higher on oil price gains | 路透 Most major Gulf stock markets finished higher on Wednesday as oil prices jumped after industry data showed a bigger-than-expected drop in U.S. crude inventories, before rising global COVID-19 infections capped the crude price gains.Brent crude rose to a session high of $57.42 a barrel, their highest since Feb. 24, before prices steadied. [O/R]In Dubai, the main index firmed 0.8% for its fifth straight session of gains, with th...Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Emirates NBD, Mideast, Emaar Properties, Formosa, Rupert Neil Bumfrey, Dubai Islamic Bank, National Commercial Bank, First Abu Dhabi Bank FAB, Dr Sulaiman Al Habib Medical Services Group Co 4 people like this. Like MIDEAST STOCKS-Major Gulf markets mixed in early trade | NasdaqJanuary 12, 2021 at 5:14 AM MIDEAST STOCKS-Major Gulf markets mixed in early trade | Nasdaq Major stock markets in the Gulf were mixed in early trade on Tuesday, with financial shares lifting the Dubai index.Saudi Arabia's benchmark index .TASI fell 0.1%, with oil behemoth Saudi Aramco 2222.SE dropping 0.4%, while the country's largest lender National Commercial Bank 1180.SE was down 0.6%.Meanwhile, Credit Suisse CSGN.S said on Monday it had opened a branch in Riyadh to offer wealthy Saudi Arabian clients a greater range o...Tags: Travel, Saudi Arabia, Qatar, Middle East, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Riyadh, Tasi, Rupert Neil Bumfrey, QSI, National Commercial Bank, First Abu Dhabi Bank FAB, Dubai Islamic Bank DISB DU, Commercial Bank COMB QA 4 people like this. Like #Qatar leads broader gains on breakthrough in Arab rift | ReutersJanuary 5, 2021 at 10:49 AM Qatar shares ended 1.4% higher on Tuesday, marking the index’s biggest gain in nearly a month, after a breakthrough was reached in the country’s three-year-old dispute with Saudi Arabia and three other Arab countries. As part of the deal, Saudi Arabia would reopen its airspace and land and sea border to Qatar as Gulf Arab leaders arrived in the Saudi city of al-Ula on Tuesday for a summit focused on ending a long-running dispute with Doha.Saudi Arabia, the United Arab Emirates, Bahrain and Egypt...Tags: Travel, Saudi Arabia, Opec, Qatar, Iran, Egypt, United Arab Emirates, Dubai, Abu Dhabi, Ula, Bahrain, Doha, Gulf, Reuters, Gulf Arab, Emaar Properties 9 people like this. Like MIDEAST STOCKS-Qatari stocks rise as Gulf tensions ease, #Dubai extends gain | ReutersJanuary 5, 2021 at 3:59 AM MIDEAST STOCKS-Qatari stocks rise as Gulf tensions ease, Dubai extends gain | Reuters Qatar’s stock market rose sharply in early Tuesday trade, buoyed by an easing in the Gulf’s more than three-year diplomatic rift, while Dubai climbed for a third session amid growth in the United Arab Emirates’ non-oil private sectors.Saudi Arabia agreed to reopen its airspace and land and sea border to Qatar in a deal towards resolving a dispute that led Riyadh and its allies to impose a boycott on Qatar in 20...Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Gulf, Reuters, Riyadh, Emaar Properties, Qatar National Bank, Rupert Neil Bumfrey, Industries Qatar, Dubai Islamic Bank, Almarai, National Commercial Bank, Reuters Qatar 46 people like this. Like MIDEAST STOCKS- #UAE markets close lower after country reports cases of new virus variant | NasdaqDecember 30, 2020 at 9:01 AM MIDEAST STOCKS-UAE markets close lower after country reports cases of new virus variant | Nasdaq Stock markets in the United Arab Emirates (UAE) finished lower on Wednesday after the country reported confirmed cases of the new variant of the coronavirus.The UAE has discovered a "limited number" of cases of people infected with the new coronavirus variant, the first confirmed cases of the more contagious version of the virus in the Gulf region.The UAE has kept its borders and international flight...Tags: Travel, Saudi Arabia, Qatar, Britain, Dubai, Abu Dhabi, Bahrain, Uae, Gulf, Adi, United Arab Emirates UAE, Qatar National Bank, Tasi, Rupert Neil Bumfrey, National Commercial Bank, Meraas 4 people like this. Like Major Gulf markets end mixed, #Qatar snaps losing streak | ReutersDecember 24, 2020 at 2:42 PM Major Gulf markets end mixed, Qatar snaps losing streak | Reuters Major stock markets in the Gulf were mixed when they closed on Thursday, with trading volumes modest because of the absence of many foreign investors for Christmas.Saudi Arabia’s benchmark index fell 0.2%, hit by a 0.7% fall in Al Rajhi Bank and a 0.8% decline in the country’s largest lender National Commercial Bank.The kingdom’s oil exports fell by 18.9 billion riyals ($5.04 billion) in October, down by nearly a third, while non-...Tags: Travel, London, Saudi Arabia, Qatar, United Arab Emirates, Pfizer, Abu Dhabi, Gulf, Reuters, Reuters Major, Emaar Properties, Nine Elms, Qatar Islamic Bank, Abu Dhabi Commercial Bank, DAMAC Properties, Rupert Neil Bumfrey 22 people like this. Like JPMorgan Ousted as Mideast-Africa’s Top Dealmaker by U.S. Rivals - BloombergDecember 22, 2020 at 5:24 AM  Tags: Travel, Saudi Arabia, Africa, Egypt, Middle East, Citigroup Inc, Hikma Pharmaceuticals, Rupert Neil Bumfrey, Abu Dhabi National Oil Co, Samba Financial Group, National Commercial Bank, Morgan Stanley Citigroup, Mideast Africa, JPMorgan Ousted, U S Rivals Bloomberg, U S Rivals Bloomberg JPMorgan Chase Co 135 people like this. Like MIDEAST STOCKS-Most markets in Gulf firm as financials rise, #Qatar falls | NasdaqDecember 14, 2020 at 4:10 AM MIDEAST STOCKS-Most markets in Gulf firm as financials rise, Qatar falls | Nasdaq Most Gulf stock markets rose in early trade on Monday, supported by gains in financials, while petrochemical firm Industries Qatar dragged down Qatari stocks.Saudi Arabia's benchmark index .TASI added 0.1%, with Al Rajhi Bank 1120.SE firming 0.2%, while its largest lender National Commercial Bank 1180.SE was up 0.5%.Dubai's main share index .DFMGI rose 0.4%, with blue-chip developer Emaar Properties EMAR.DU rising ...Tags: Travel, Saudi Arabia, Israel, Qatar, Dubai, Abu Dhabi, Uae, Gulf, United Arab Emirates UAE, Tasi, Rupert Neil Bumfrey, Industries Qatar, QSI, National Commercial Bank, Al Rajhi Bank, First Abu Dhabi Bank 10 people like this. Like #Saudi stocks lead gains; Egypt loses | ReutersDecember 7, 2020 at 11:48 AM Saudi stocks lead gains; Egypt loses | Reuters Major Gulf markets eked out gains on Monday, riding on the positive sentiment around the progress in COVID-19 vaccine development and the OPEC+ deal on oil production cuts, with Saudi stocks breaking a losing streak of four sessions.Despite oil prices falling on surging coronavirus cases globally and amid heightened tensions between the United States and China, markets in the Gulf managed to close in positive territory, with some erasing losses in t...Tags: Travel, Saudi Arabia, China, Opec, Qatar, United States, Egypt, Dubai, Abu Dhabi, Doha, Gulf, Reuters, Emirates NBD, Riyad Bank, Emaar Properties, United Arab Emirates Bahrain 6 people like this. Like #Saudi shares fall on weak oil; set for weekly loss | ReutersDecember 3, 2020 at 4:38 AM Saudi shares fall on weak oil; set for weekly loss | Reuters Saudi shares eased in early trade on Thursday and were set for a weekly loss, tracking weaker oil prices, while other Gulf markets rode on euphoria around encouraging coronavirus vaccine developments.Oil prices fell as producers including Saudi Arabia and Russia locked horns over the need to extend record production cuts set in place in the first wave of the COVID-19 pandemic. [O/R]The Organization of the Petroleum Exporting Countries ...Tags: Travel, Saudi Arabia, Russia, Qatar, Britain, Dubai, Abu Dhabi, Kuwait, Gulf, Reuters, Saudi Aramco, Saudi Basic Industries Corp, Petroleum Exporting Countries OPEC, Qatar National Bank, Rupert Neil Bumfrey, Industries Qatar 21 people like this. Like #Saudi shares ease, other markets gain after UK's Pfizer-BioNTech vaccine approval | ReutersDecember 2, 2020 at 4:43 AM Saudi shares ease, other markets gain after UK's Pfizer-BioNTech vaccine approval | Reuters Saudi shares edged down on Wednesday, tracking lower oil, while other Gulf markets were buoyed by encouraging news in the fight against the COVID-19 pandemic as Britain became the first country in the world to approve the Pfizer-BioNTech vaccine rollout.Britain said the vaccine developed by Pfizer and partner BioNTech will be rolled out from early next week, a boost for investors worldwide.Oil prices exte...Tags: Travel, UK, Saudi Arabia, Opec, Qatar, Britain, United States, Dubai, Pfizer, Abu Dhabi, Bahrain, Kuwait, Gulf, Reuters, Index, Saudi Aramco 10 people like this. Like MIDEAST STOCKS- #Saudi stocks weaken after stellar November | NasdaqDecember 1, 2020 at 10:44 AM MIDEAST STOCKS-Saudi stocks weaken after stellar November | Nasdaq Saudi shares started the month on a weaker note on Tuesday after the bourse's benchmark index nailed solid gains in November on global cheer over the progress of COVID-19 vaccine candidates.Investors worldwide are pinning their hopes on positive vaccine trial data, fuelling optimism about a faster than expected economic recovery.Oil prices, a key catalyst for the region's financial markets, were broadly steady on Tuesday as inves...Tags: Travel, Saudi Arabia, Russia, Opec, Qatar, Healthcare, United Arab Emirates, Kuwait, Petroleum Exporting Countries OPEC, Qatar National Bank, Rupert Neil Bumfrey, QSI, National Commercial Bank, Qatar Islamic Bank QISB, BKP, Dr Sulaiman Al Habib Medical Services Group Co 4 people like this. Like Mideast Stocks-Major markets log weekly gains on vaccine hopes | ZAWYA MENA EditionNovember 26, 2020 at 5:50 PM Mideast Stocks-Major markets log weekly gains on vaccine hopes | ZAWYA MENA Edition Abu Dhabi shares ended lower on Thursday but all major Gulf markets managed weekly gains, riding on a rally fuelled by optimism around COVID-19 vaccine developments.Financial markets globally have gained in most sessions over the past couple of weeks as U.S. drugmakers Pfizer Inc and Moderna Inc, and British firm AstraZeneca released positive data on the effectiveness of their vaccine candidates.Investors are opt...Tags: Travel, Saudi Arabia, Qatar, Dubai, Astrazeneca, Abu Dhabi, Gulf, Pfizer Inc, Air Arabia, Rupert Neil Bumfrey, Dubai Islamic Bank, National Commercial Bank, First Abu Dhabi Bank, Moderna Inc, Qatar Commercial Bank, Sulaiman Al Habib Medical Services Group 48 people like this. Like MIDEAST STOCKS-Major Gulf shares extend gains on upbeat global outlook | NasdaqNovember 25, 2020 at 9:44 AM Major Gulf markets rallied on Wednesday as investors cheered the prospects of a faster-than-expected global economic recovery, driven mainly by encouraging news on the COVID-19 vaccine development front.Financial markets worldwide have gained in the past couple of weeks as U.S. drugmakers Pfizer Inc PFE.N and Moderna Inc MRNA.O as well as British firm AstraZeneca AZN.L released positive data on the effectiveness of their vaccine candidates.Aiding sentiment, the uncertainty over presidential tran...Tags: Travel, Qatar, Joe Biden, United States, Dubai, Abu Dhabi, Donald Trump, Gulf, Adi, Tasi, Rupert Neil Bumfrey, Industries Qatar, QSI, National Commercial Bank, Al Rajhi Bank, Pfizer Inc PFE N 25 people like this. Like MIDEAST STOCKS-Gulf markets rally on upbeat global economic outlook | NasdaqNovember 25, 2020 at 5:13 AM MIDEAST STOCKS-Gulf markets rally on upbeat global economic outlook | Nasdaq Most major Gulf markets extended gains on Wednesday as investors cheered prospects of a faster-than-expected global economic recovery, driven mainly by encouraging news on the COVID-19 vaccine development front.Financial markets worldwide have gained in the past couple of weeks as U.S. drugmakers Pfizer Inc PFE.N and Moderna Inc MRNA.O and British firm AstraZeneca AZN.L released positive data on the effectiveness of the...Tags: Travel, Qatar, Joe Biden, United States, Dubai, Abu Dhabi, Donald Trump, Gulf, Saudi Basic Industries Corp, Tasi, Rupert Neil Bumfrey, QSI, National Commercial Bank, First Abu Dhabi Bank, Pfizer Inc PFE N, Moderna Inc 5 people like this. Like #Saudi, #Dubai shares gain; #AbuDhabi declines | ReutersNovember 18, 2020 at 12:22 PM Saudi, Dubai shares gain; Abu Dhabi declines | Reuters Saudi shares reversed course to end sharply higher on Wednesday as further positive news on COVID-19 vaccine development cheered investors, while the Abu Dhabi market posted losses on a day when most major Gulf markets logged gains.U.S. drugmaker Pfizer Inc PFE.N said final results from the late-stage trial of its COVID-19 vaccine showed it was 95% effective, adding it had the required two months of safety data and would apply for emergency ...Tags: Travel, Saudi Arabia, Opec, Qatar, Dubai, Pfizer, Abu Dhabi, Gulf, Reuters, Tasi, Rupert Neil Bumfrey, Abudhabi, National Commercial Bank, Al Rajhi Bank, Saudi Dubai, Pfizer Inc PFE N 42 people like this. Like #Saudi Banks Sign Supply Chain Financing Deal With Government - BloombergNovember 16, 2020 at 12:40 PM Saudi Banks Sign Supply Chain Financing Deal With Government - Bloomberg Saudi Arabia’s Ministry of Finance and three of the kingdom’s largest banks have started a supply chain financing facility that will enable contractors to secure money owed to them faster.The Finance Ministry has partnered with Saudi British Bank, Samba Financial Group and National Commercial Bank, according to a statement. The loans will be available to suppliers to the government that have had invoices approved, but are s...Tags: Travel, Bloomberg, Finance Ministry, Ministry Of Finance, Rupert Neil Bumfrey, Sabb, National Commercial Bank, Bloomberg Saudi Arabia, David Dew, Saudi British Bank Samba Financial Group 19 people like this. Like MIDEAST STOCKS-Most Gulf markets climb on vaccine hopes, #Dubai gains most | NasdaqNovember 10, 2020 at 4:54 AM MIDEAST STOCKS-Most Gulf markets climb on vaccine hopes, Dubai gains most | Nasdaq Most stock markets in the Gulf traded higher early on Tuesday, on track to extend gains from the previous session after news of progress in the development of a COVID-19 vaccine boosted global risk appetite.Drugmaker Pfizer Inc PFE.N said its COVID-19 vaccine, developed with German partner BioNTech SE BNTX.O, was more than 90% effective in preventing infection, marking the first successful results from a large-sca...Tags: Travel, Saudi Arabia, Qatar, Joe Biden, United Arab Emirates, Dubai, Abu Dhabi, Kuwait, Gulf, MSCI, Pfizer Inc, Emaar, Tasi, Rupert Neil Bumfrey, National Commercial Bank, Al Rajhi Bank 16 people like this. Like Mideast Stocks: Major Gulf markets rise in early trade | ZAWYA MENA EditionNovember 4, 2020 at 5:36 AM Mideast Stocks: Major Gulf markets rise in early trade | ZAWYA MENA Edition Major stock markets in the Gulf traded higher on Wednesday, in line with Asia shares, as financial markets and oil prices rallied, with a closer-than-anticipated presidential race sparking volatility.Asian shares and U.S. equity futures surged as the presidential election proved far closer than polls had predicted between incumbent Donald Trump and Democratic contender and wide favourite Joe Biden.Crude prices rose above...Tags: Travel, Asia, Saudi Arabia, Qatar, Joe Biden, Donald Trump, Lebanon, Gulf, Saudi Aramco, Emirates NBD, Rupert Neil Bumfrey, National Commercial Bank, First Abu Dhabi Bank, Major Gulf, Qatar Fuel Co, Blom Bank 48 people like this. Like #SaudiArabia's biggest bank NCB posts 23.7% rise in quarterly profit | ReutersOctober 27, 2020 at 11:43 AM Saudi Arabia's biggest bank NCB posts 23.7% rise in quarterly profit | Reuters Saudi Arabia's biggest lender National Commercial Bank 1180.SE on Tuesday posted a nearly 24% rise in third-quarter net profit, as net commission income rose and impairment charges dropped.NCB posted a net profit of 3.16 billion riyals ($843 million) in the quarter ended September 30, up from 2.55 billion in the same period a year earlier.CI Capital had forecast NCB would post a net profit of 2.1 billion riyals, while...Tags: Travel, Saudi Arabia, Reuters, NCB, EFG Hermes, Rupert Neil Bumfrey, CI Capital, Samba Financial Group, National Commercial Bank 5 people like this. Like UPDATE 2-S.Arabia's STC hires banks for IPO of subsidiary -sources | ReutersOctober 25, 2020 at 8:15 AM UPDATE 2-S.Arabia's STC hires banks for IPO of subsidiary -sources | ReutersSaudi Telecom Co (STC) has hired banks to arrange a potential initial sale of shares in its product and services development arm, Solutions by STC, three sources familiar with the matter told Reuters.STC, Saudi Arabia’s largest telecoms operator, has appointed HSBC, Morgan Stanley and the investment banking arm of Saudi lender National Commercial Bank to advise on the sale, according to the sources, who declined to be id...Tags: Travel, Saudi Arabia, Hsbc, Reuters, STC, NCB Capital, Rupert Neil Bumfrey, National Commercial Bank, HSBC Morgan Stanley, ReutersSaudi Telecom Co STC, Reuters STC, STC Morgan Stanley 12 people like this. Like #Saudi slips in early trade; #Dubai edges up | ReutersOctober 25, 2020 at 5:40 AM Saudi slips in early trade; Dubai edges up | ReutersSaudi Arabia’s stock market fell early on Sunday, hurt by financials and petrochemical shares, while gains in top lender Emirates NBD supported the Dubai index.The Saudi benchmark index .TASI declined 0.6%, with the country's largest lender National Commercial Bank 1180.SE dropping 1.2% and Saudi Basic Industries Corp (SABIC) 2010.SE losing 0.7%.SABIC, the Gulf’s largest petrochemical firm, reported a net profit of 1.09 billion riyals ($290.64 ...Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Yemen, Gulf, Jizan, Reuters, Emirates NBD, SABIC, Saudi Basic Industries Corp, Abha, Qatar Islamic Bank, Tasi 19 people like this. Like MIDEAST STOCKS-Major Gulf markets dip as financials decline | NasdaqOctober 15, 2020 at 5:22 AM MIDEAST STOCKS-Major Gulf markets dip as financials decline | Nasdaq:Major stock markets in the Gulf fell in early trade on Thursday, hurt by losses in banking shares, with Dubai stocks falling the most.Saudi Arabia's benchmark index .TASI slipped 0.3%, with National Commercial Bank 1180.SE losing 1% and Samba Financial Group 1090.SE shedding 1.2%.The lenders gained in the previous sessions after they entered a binding merger agreement to create a combined entity with 837 billion riyals ($223.15...Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Qatar Islamic Bank, Emaar, Tasi, Rupert Neil Bumfrey, QSI, Samba Financial Group, National Commercial Bank, First Abu Dhabi Bank, Emirates NBD Bank ENBD 45 people like this. Like MIDEAST STOCKS-Major Gulf markets gain as financial shares rise | NasdaqOctober 12, 2020 at 5:58 AM :Major stock markets rose in early trade on Monday, with gains in National Commercial Bank and Samba Financial Group helping the Saudi index after they signed a binding merger agreement.The benchmark index .TASI in Saudi Arabia gained 0.2%, with Samba Financial Group 1090.SE rising 2.7%, while National Commercial Bank (NCB) 1180.SE was up 1.7%.National Commercial Bank, the kingdom's biggest lender, entered a binding merger agreement with smaller lender Samba Financial Group to create a combined ...Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Adi, National Commercial Bank NCB, NCB, Tasi, Rupert Neil Bumfrey, Samba Financial Group, National Commercial Bank, Gulf Dubai, Qatar National Bank QNBK, Emaar Properties EMAR 16 people like this. Like BNY Mellon Lands a Big Ally for Its Expansion in #SaudiArabia - BloombergOctober 6, 2020 at 3:06 PM BNY Mellon Lands a Big Ally for Its Expansion in Saudi Arabia - Bloomberg:Bank of New York Mellon Corp., the world’s largest custody bank, is pushing deeper into Saudi Arabia through a deal with an arm of the country’s biggest bank.The firm joined NCB Capital, a unit of National Commercial Bank, to seek institutional investors in the kingdom for BNY Mellon’s “global custody and associated asset-servicing activities,” according to a statement to be released Tuesday.Under the agreement, investors ...Tags: Travel, Saudi Arabia, BNY Mellon, Bank of New York Mellon Corp, NCB Capital, Rupert Neil Bumfrey, National Commercial Bank, Saudi Arabia Bloomberg, SaudiArabia Bloomberg, Hani Kablawi BNY Mellon 33 people like this. Like MIDEAST STOCKS-Most major Gulf markets rise; #Qatar eases | ReutersSeptember 14, 2020 at 10:10 AM MIDEAST STOCKS-Most major Gulf markets rise; Qatar eases | Reuters: Most major Gulf markets ended higher on Monday, with financial shares boosting the Saudi index, while Qatar bucked the trend to close lower. Saudi Arabia's benchmark index rose 0.6%, extending gains for a third straight session, with Al Rajhi Bank gaining 0.6% and National Commercial Bank, the country's largest lender, advancing 2.7%. The kingdom will partially lift its suspension of international flights as of Sept. 15 to al...Tags: Travel, Saudi Arabia, Qatar, Dubai, Spa, Gulf, Reuters, ADNOC, Rupert Neil Bumfrey, National Commercial Bank, Al Rajhi Bank, Gulf Egypt, Boursa Kuwait, Qatar National Bank the Gulf, Adnoc Distribution, Emaar Properties The Abu Dhabi 25 people like this. Like |
Filters Rupert Neil Bumfrey show more filters Saudi Arabia Dubai Gulf Qatar United Arab Emirates Abu Dhabi Al Rajhi Bank Reuters Uae Tasi First Abu Dhabi Bank Middle East Qatar National Bank Emaar Properties Qatar Islamic Bank Dubai Islamic Bank United Arab Emirates UAE Riyadh First Abu Dhabi Bank FAB QSI Emaar Properties EMAR DU Egypt Iran Bahrain Abu Dhabi Commercial Bank Industries Qatar Emirates NBD Britain Emaar Properties EMAR |
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