Sunday, 20 August 2017
Saudi Arabia’s financial regulator, Capital Market Authority (CMA), has approved the request by Goldman Sachs to amend its business profile by adding “dealing as Principle, an Agent, an Underwriter, Custody.” A statement issued by CMA on Sunday said: “The CMA Board of Commissioners issued a resolution approving the amendment of the Business Profile of Goldman Sachs Saudi Arabia by Adding dealing as Principle, an Agent, an Underwriter and Custody activities. Goldman ...
Sunday, 6 August 2017
Goldman Sachs has reportedly bought a portion of of Saudi Aramco's $10 billion revolving credit facility in a move to seek a role in the listing of the company. The listing of 5 percent of the Saudi oil giant next year would be the world’s biggest IPO, and as Reuters, reports, It is common practice in capital markets to first seek banking relationships through loan transactions, followed by other deals.Goldman Sachs, according to reports, bought “several million dollars in the ...
Tuesday, 25 July 2017
Saudi Arabia has hired Goldman Sachs to manage the sale of a stake in Riyadh airport, the first major privatization of an airport in the kingdom, three sources familiar with the matter said.The Saudi Civil Aviation Holding plans to sell a minority stake in Riyadh’s King Khalid International Airport, the sources said, without providing a timeframe for the sale.The exact size and potential value of the stake were not immediately known, but Riyadh has the second biggest airport in Saudi ...
Wednesday, 12 July 2017
Abu Dhabi’s national oil company is weighing proposals from Goldman Sachs, First Abu Dhabi Bank, HSBC and JPMorgan for lead roles in the listing of its retail business, sources familiar with the matter said.Rothschild is in a strong position for an advisory role to the deal that could raise $1.5 to $2 billion for ADNOC, sources told Reuters.Beyond the Gulf region, oil companies are looking to raise capital and boost valuations in an era of cheap oil from listings or sales of retail ...
Wednesday, 25 January 2017
The push by Republicans in the US House of Representatives for a shift to border-adjusted corporate tax could push US crude prices higher
Friday, 13 January 2017
Habib, who was born in 1973 in Cairo, Egypt, before her parents emigrated to the States, worked with the administration of the former president, George Bush
Sunday, 16 October 2016
Clinton’s remarks are not dramatically out of step with her public remarks on the same issues, though they may read as a bit more forthright in style
Friday, 14 October 2016
Wall Street giant denies any wrongdoing, arguing that the LIA lost money due to the global financial crash
Friday, 26 August 2016
The subsidies Uber grants its drivers was the main reason for the loss, finance head Gautam Gupta told investors in a quarterly conference call
Wednesday, 29 June 2016
The LIA argues Goldman took advantage of its financial naivety by first gaining its trust, then encouraging it to make risky and ultimately worthless investments