Saudi mortgage law to diversify banking sector
The introduction of a mortgage law in Saudi Arabia will improve the housing supply as well as provide diversification of...
Finance
Eight Lebanese banks among Top 1000 banks in the world
In its 2012 survey of the Top 1000 commercial banks in the world, The Banker magazine included eight Lebanese banks...
Saudi Arabia issues 5 new finance laws
The Saudi Council of Ministers issued a package of five new laws which are expected to dramatically change the finance...
$515m investment licenses granted in Baghdad
The Chairman of Baghdad Investment Commission, Shaker al-Zamili (pictured), has announced that five investment licences worth $515...
GCC banks’ recovery to continue
Gulf banks will continue their steady recovery from the 2008 crisis and remain isolated from euro zone turmoil for the...
Saudi Mortgage law opens Kingdom to home lending surge
Saudi Arabia’s mortgage law, approved two days ago after more than a decade of debate, will encourage banks to expand...
New Saudi law expected to boost the mortgage market
The Saudi Council of Ministers, chaired by Custodian of the Two Holy Mosques King Abdullah, approved the much-awaited mortgage law,...
Bank Audi sells stake in LIA to Morocco based Saham
Bank Audi finalized its sale of a majority stake in its LIA unit for $46 million to Morocco based Saham...
Slowdown in global markets to marginally impact GCC countries
Barclays issued its quarterly report on emerging countries in which it indicated that the slowdown in global growth and financial...
Opportunities for Investment in Iraq’s refining capacity
Delegates to CWC‘s Iraq Petroleum 2012 conference in London last week received an update on the country’s refining capacity and...
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