Economy & business news

Credit Suisse and Saudi National Bank

Saudi National Bank makes big loss on Credit Suisse deal

Saudi National Bank (SNB)’s investment in banking giant Credit Suisse has proved to be a costly transaction, with the value of its stake falling by around $1.2bn in the space of a few months.

Issue 1166 - 24 March 2023

Pin Saudi Arabia

Pin Banking & finance

Views - Free

UAE Russia

UAE's Russia ties bring economic benefits and risks

While America and Europe continue to present a united front in response to Russia’s war in Ukraine, the UAE’s more ambivalent stance continues to cause concern in western capitals – and has the potential to undermine, or at least complicate, the country’s diplomatic and commercial relations with the United States and its allies.

Issue 1166 - 25 March 2023

Pin United Arab Emirates (UAE)

Pin Business, Politics & people, Politics

Latest Economy & business headlines

Bahrian- Al-Khalifa report

Bahrain’s Al-Khalifa

GSN

With little or no space for opposition politics, Bahraini public life is...
GSN Risk Management Report special Issue cover, January 2022

Power politics and economic trends in 2022

GSN

Political rapprochement between GCC rivals, along with rich pickings from high oil...
Oman E&P special report

Oman E&P Special Report

GSN

Challenged by years of drift even before Covid-19 had a heavy impact...
Saudi giga-projects

Saudi giga-projects- special report

GSN

Saudi top team pushes on with giga-projects supported by web of local...