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Saudi mortgage law to boost home loan market

The world's top oil exporter said on Monday its cabinet had approved the legislation, more than a decade after it was first proposed, but did not divulge details of the new regulations.

July 5, 2012 10:16
 
Saudi's SABB Q1 Profit Up 13.7 Pct, Beats Forecasts

Saudi's SABB Q1 Profit Up 13.7 Pct, Beats Forecasts

Saudi lender SABB posted a 13.7 percent rise in first-quarter net profit, the affiliate of HSBC said on Tuesday, beating analyst forecasts.

April 11, 2012 9:52
 
Lender SABB’s Q4 up 65 percent on lower operating costs

Lender SABB’s Q4 up 65 percent on lower operating costs

Saudi British Bank posted a 65-percent rise in quarterly profits on Monday, citing lower operating costs for the gains.

January 16, 2012 12:37
 

HSBC Saudi Arabia to merge with SABB Securities

Saudi investment company mergers for Europe's biggest bank to own 51 percent of new venture entity HSBC Saudi Arabia.

June 27, 2011 10:36
 

Saudi’s SABB, Riyad hike Q2 provisions for loans

Riyad Bank's Q2 loan provisions more than double.

July 28, 2010 10:22
 

Saudi bourse hits 17-month high

Saudi‘s Tadawul index closed 0.4 percent higher on Saturday, just under 6,700 points, its highest since October 6, 2008.

March 20, 2010 10:46