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Saudi to ease lending rules to boost liquidity

Bloomberg Saudi Arabia is easing rules on bank lending to stimulate growth in the largest Arab economy, two people with knowledge of the matter said. Banks were told they can lend the equivalent of 90 percent of their deposits, up from an earlier limit of 85 percent, by the Saudi Arabian Monetary Agency on Sunday, the people said, asking not ...

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HBL launches its new Abu Dhabi main branch

ABU DHABI / EMIRATES BUSINESS Habib Bank Limited ( HBL ) UAE has opened its new Abu Dhabi Main Branch at the Landmark Tower on Corniche Road in Abu Dhabi. The branch was inaugurated by H.E. Sheikh Nahyan Bin Mubarak Al Nahyan, Minister of Culture and Knowledge Development, Mr. Sultan Ali Allana, Chairman of HBL , Mr. Mubashar Maqbool, Country Manager – ...

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Airbus, Boeing count on China as Southeast Asia slows down

Singapore/ Bloomberg Asia’s biggest airshow kicks off in Singapore this week amid a rout in the global financial markets. You can’t tell any of that looking at plane orders for Airbus Group SE and Boeing Co. The heydays of multi-billion orders from India and nations in Southeast Asia is giving way to concerns about airlines in the region delaying delivery ...

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