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.
Deutsche Securities Saudi Arabia (‘DSSA”), a CMA licenced securities firm wholly owned by Deutsche Bank AG, has announced the appointment of Ziyad Al Ashaikh as Head of Private Institutional Clients for the Kingdom of Saudi Arabia.