Monday 28 July 2014
 
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Jadwa Investment

Oil demand to rise, price to average $109: Report

Oil demand is expected to rise in the third quarter of this year due to the summer peak season and a sustained recovery in the US economy plus steady growth in China, a report said. Non-Opec supply will exceed global demand growth

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Jadwa Investment names new CEO

Jadwa Investment, a leading Saudi financial group, has appointed industry veteran Tariq Al Sudairy as its new managing director and chief executive officer replacing Ahmed Al Khateeb. Al Sudairy has 15 years of experience in inves

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Jadwa Investment names new chairman

Jadwa Investment Company, a leading Saudi investment bank licensed by the Capital Market Authority, has appointed Adib Alzamil as the new chairman of the Board of Directors. Alzamil succeeds Prince Faisal bin Salman bin Abdulaziz

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Jadwa Investment profit surges 10pc

Jadwa Investment, a Shariah-compliant investment bank in Saudi, has reported revenues of more than SR284 million ($76 million) for the fiscal year ending December 31, 2012, up 10 per cent over the same period the year before. The

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Saudi GDP surges 26pc in H1

Saudi Arabia posted strong economic growth in the first half at 26.1 per cent year-on-year in nominal terms thanks to a surge in oil prices, according to a new report by Saudi bank Jadwa Investment. Oil was by far the fastest growing secto

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Jadwa Investment wins top award

Jadwa Investment, a leading Saudi investment bank, won top honours at the seventh Annual World Islamic Funds and Financial Markets Conference (WIFFMC) being held in Bahrain. Jadwa was voted as the "2011 WIFFMC Islamic Investment Institutio

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Saudi Arabia 'faces oil, fiscal challenges'

The sharp rise in Saudi Arabia’s domestic oil consumption and the increasing government spending pose huge challenges for the kingdom’s economy, says a report. There is widespread understanding that with oil prices around $100 per barrel,

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Jadwa Investment wins top honours

Jadwa Investment, a leading Saudi investment bank, has won the “Best Gulf Countries Fund”, “Best Gulf Countries Islamic Fund” and “Best Arab Fund” awards for 2010 at the Gulf Lipper Fund Awards 2011 held in Dubai. Lipper in collaboration w

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Saudi's Jadwa eyes $1.1bn Aviva deal with CIT

Saudi Arabia's Jadwa Investment is looking at US and UK real estate markets and targeting a deal worth 700 million pounds ($1.14 billion) with European property investor CIT, the Financial Times said on Monday. The paper quoted Jadwa c

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Saudi 'could gradually appreciate riyal'

Saudi Arabia could gradually appreciate its riyal in the event the dollar slides further against major currencies, says a report. Riyadh-based Jadwa Investment said the kingdom is unlikely to drop its peg. "Should the dollar contin

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