International banks retreating from the Middle East cleared the way for Arab lenders to take over as the region’s biggest dealmakers in the first half.
Banque SYZ & CO has announced the opening of a representative office in Dubai.
Barclays did not make any 'illegal payment' to win a banking license in Saudi Arabia, the bank said in a statement in response to a newspaper report last week that said U.S. authorities were looking at whether improper payments were made
Khalid Ali-M Aldawsari, 22, a citizen of Saudi Arabia and resident of Lubbock, Texas, was sentenced Tuesday by U.S. District Judge Donald E. Walter in federal court in Amarillo, Texas, to life in prison.
A women-only industrial city dedicated to female workers is to be constructed in Saudi Arabia to provide a working environment that is in line with the kingdom's strict customs.
Nomura has announced the appointment of Khaled AlKhattaf as Chief Executive Officer for Saudi Arabia.