Thursday 25 April 2024
 
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National Commercial

Saudi firms resilient ‘despite global risks’

Although business optimism levels in Saudi Arabia have lowered for the third quarter of 2012 due to aggravated global risks, a large portion of businesses still expect expansion of their businesses and new order activity, said an expert.

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Interview: NCB eyes more acquisitions

Saudi Arabia's National Commercial Bank, the Gulf's largest lender by assets, plans to buy into more banks in the Middle East and North Africa after making its first foreign acquisition in Turkey. The $1.08 billion purchase of a 60 percent

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