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Saudi banks

Mohammad Al Mojil Group

Troubled Saudi contractor MMG inks $120 million loan

Saudi construction firm Mohammad Al Mojil Group (MMG) signed a 450 million riyals ($120 million) loan to help support its balance sheet, it said in a statement on Sunday.

July 1, 2012 5:15
Saudi lending-foreign banks

Saudi lending seen up despite cuts by European banks

Foreign bank credit drops in Saudi Arabia; Local banks and government funds fill gap, liquidity high; Saudi bank lending fastest in three years

May 24, 2012 2:27

Saudi banks protected against bad loans –

Central bank sees no need for "big" provisions.

January 19, 2011 2:06

Saudi economy slowly improving but lending weak

Growth coming chiefly from government spending.

October 20, 2010 9:14

Bahrain’s GIB sees Gulf lending subdued

Bahrain's GIB eyes markets too volatile to increase lending.

July 27, 2010 12:06