ABU DHABI / WAM Ethmar International Holding (EIH), the UAE’s leading progressive investment holding, is …
Read More »Saudi bank cuts money quote
DUBAI / Reuters Saudi Arabia’s biggest commercial bank cut its quote for three-month money in the interbank market in a signal that rates could fall further as a liquidity crunch in the banking system eases. Saudi interbank offered rates soared this year, pressuring companies and banks seeking to raise funds, as low oil prices slashed flows of petrodollars into …
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