Tag Archives: Saudi

Saudi banks and petchems seen as popular play

LONDON: Bank of America Merrill Lynch (BAML) has given the Saudi Arabian stock market a huge vote of confidence in its latest report in which banking and petrochemicals were its top-rated sectors.“We highlight Al-Rajhi and Samba as our top picks ...

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Saudi Arabia’s central bank agrees Ripple blockchain deal

Related Articles LONDON: The Saudi Arabian Monetary Authority (SAMA) has signed an agreement with blockchain-based company Ripple to help banks in the Kingdom improve their payments infrastructure.The pilot program is the first of its kind to be launched by a ...

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Nasdaq leaves door open for potential Saudi Aramco IPO

Related Articles DUBAI: Adena Friedman, president and chief executive of Nasdaq, has left the door of the second New York stock exchange wide open for a listing of Saudi Aramco, the Kingdom’s oil giant aiming for an initial public offering ...

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