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Saudis are top GCC investors in Dubai propertySaudi Arabians were the leading GCC investors in property in Dubai, UAE, in the first half of 2014 with investments worth Dh3.4 billion ($925.5 million), according to a report from global property consultancy Frank Knight. They were fol More… |
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Saudi investors to buy Paris hotel for $354mUS investment group Starwood Capital is about to sell the Hotel de Crillon in Paris, one of the world's landmark hotels, to Saudi investors with ties to the royal family for around 250 million euros ($353.6 million), French daily Le Figaro sai More… |
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Saudi investors eyeing 15pc stake in BPUnnamed Saudi investors seek to buy a stake worth 10 to 15 per cent in British oil company BP dealing with a massive US oil spill, a Saudi newspaper said in an unsourced report on Wednesday. A delegation of Saudi investors will be heading More… |
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Saudi investors turning to bonds says HSBCVolatile equity markets and low interest rates on deposits in recent years are drawing investors in Saudi Arabia towards bonds, a new asset class poised for growth, a senior investment banker from HSBC said. Some SR50 billion worth ($13.33 More… |
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Deutsche Bank sets up Islamic home finance JVDeutsche Bank has partnered with a group of prominent Saudi-based investors, led by Fahad Abdullah Abdulaziz Al Rajhi, to establish Deutsche Gulf Finance, a joint venture Shariah-compliant home financing company. As per the agreement, More… |
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Saudi nears $65m Indonesia rice farm dealA group of Saudi Arabian businessmen is close to signing a deal to invest millions of dollars in cultivating rice in an isolated region of Indonesia, said an Indonesian government official. The 15 investors are reportedly planning to pump More… |
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RRM rolls out key services to Saudi investorsRiyada Reliance Money (RRM) is set to launch a range of brand new set of services in Saudi Arabia offering a cost-effective and efficient platform to transact in financial instruments to investors. A joint venture between Bahrain-based ad More… |
