• Biladi, IMI forge ties to further boost services

    JEDDAH – Biladi Advertising and Public Relations Agency – a member of Bilady Group – has signed recently an exclusive cooperation agreement with International Media Ideas (IMI) to provide mutual services for both parties in Saudi Arabia, United …

  • NCB secures ‘Best Islamic Project Finance Deal’ award

    The National Commercial Bank (NCB) was recently declared winner of the "Best Islamic Project Finance Deal 2013 Award" by Euromoney for being one of the main organizers and for its participation with major portion of the total finance …

  • Credit Suisse to buy Morgan Stanley’s wealth management arm

    ZURICH — Swiss banking giant Credit Suisse on Wednesday announced it will buy US bank Morgan Stanley’s wealth management businesses in Europe, the Middle East and Africa, excluding Switzerland.

    The assets under management are worth $13 billion (10.6 …

  • Eurozone confidence slips in March after recent gains

    BRUSSELS – A combined reading of business and consumer confidence in the 17-state eurozone slipped back in March after recent gains, the European Commission said Wednesday.

    The Commission said its key confidence index in March fell 1.1 points …

  • Cyprus readies capital curbs

    NICOSIA – Cyprus is finalizing capital control measures Wednesday to prevent a run on the banks by depositors anxious about their savings after the country agreed a painful rescue package with international lenders.

    Cypriots have taken to the streets of …

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