ABU DHABI/WAM The UAE Humanitarian Ship set sail today for the Gaza Strip as part ...
Read More »KSA banks distressed as stocks cheaper than assets
RiyadH / Bloomberg Saudi banking stocks have fallen to the lowest levels in at least a decade relative to their net assets, showing the slump in oil is stoking concern that bad loans will increase. Following a 10 percent slide this year, an index of 12 lenders on the Tadawul All Share Index is trading at an average 1.3 times ...
Read More »