Media ID: 55371515
Caption:
A Saudi man shows Saudi riyal banknotes at a money exchange shop in Riyadh. (Reuters)
by Wael Mahdi | Apr 13, 2017 | Business
Khobar – Saudi Arabia will raise $8 billion (SAR30 billion) in its first global Islamic bond issue, with an order book from investors in excess of $33 billion (SAR123 billion). The government is selling the five-year sukuk tranche at 100 basis points over the...
Media ID: 55333933
Caption:
A BNP Paribas logo is pictured on a building of the bank in Geneva July 1, 2014. (REUTERS/Pierre Albouy)
by Asharq Al-Awsat | Jul 3, 2014 | Business
Washington, Reuters—An official at the US Securities and Exchange Commission broke ranks with other commissioners and voted against granting BNP Paribas a waiver to continue operating several investment advisory units in the United States. Kara Stein, a Democratic SEC...