Saudi liquidity level hit new high; soars to $744bn in AugustThe available funds (liquidity) in the Saudi economy have marked a record year-over-year growth rate, increasing by 8.7% to hit over SAR2.91 trillion ($774 billion) by the end of August compared to over SAR2.67 trillion ($710 billion) last yea More… |
Al Ramz named liquidity provider for Adnoc DrillingUAE-based Al Ramz Capital has announced that it has been appointed as a liquidity provider for Adnoc Drilling Company, the Abu Dhabi-listed largest drilling and well completions company in the Middle East by fleet size, owning and operating on More… |
Al Ramz named liquidity provider for Adnoc DrillingUAE-based Al Ramz Capital has announced that it has been appointed as a liquidity provider for Adnoc Drilling Company, the Abu Dhabi-listed largest drilling and well completions company in the Middle East by fleet size, owning and operating on More… |
Saudi Arabia's liquidity soars to hit all-time high of $752bnSaudi Arabia's liquidity levels continued to grow strongly, reaching SAR2.826 trillion ($752 billion) at the end of May, thus marking an annual growth of approximately 8.6%. This represented an increase of more than SAR222.9 billion ($59.3 More… |
DAE signs new $420 million 5-year unsecured term loanDubai Aerospace Enterprise (DAE), the global aviation services company, has signed a $420 million 5-year unsecured term loan with China Construction Bank (DIFC Branch) and China Construction Bank (Asia) Corporation Limited (CCB). The loan will More… |
DAE signs new $420 million 5-year unsecured term loanDubai Aerospace Enterprise (DAE), the global aviation services company, has signed a $420 million 5-year unsecured term loan with China Construction Bank (DIFC Branch) and China Construction Bank (Asia) Corporation Limited (CCB). The loan will More… |
RAK Properties names BHM Capital as liquidity providerUAE-based developer RAK Properties has appointed BHM Capital, a leading financial institution, as the liquidity provider for the company's share. This move is aimed at enhancing trading liqu More… |
RAK Properties names BHM Capital as liquidity providerUAE-based developer RAK Properties has appointed BHM Capital, a leading financial institution, as the liquidity provider for the company's share. This move is aimed at enhancing trading liqu More… |
Rapid credit growth hits liquidity of Saudi banks: S&PRapid credit growth has reduced the availability of liquidity in the Saudi banking sector, said S&P Global Ratings in a new report titled “Saudi Banking Sector 2023 Outlook”. “The government has large deposit More… |
Saudi banks ‘likely to need more liquidity support from cbank’Saudi banks are likely to require further central bank liquidity injections after interbank spreads rose sharply in October and as lending growth continues to outpace deposit growth, according to Fitch Ratings. Sector loans increa More… |