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Saudi banking giant on $ 200bn merger

National Commercial Bank, Saudi Arabia’s biggest lender, has ended talks in order to merge with Riyad Bank, a deal that would have created a lender with more than $200 billion in total assets. The boards agreed to terminate talks, according to a statements to the Saudi stock market, without giving further details. Talks between the…

artificial-islands-LordInvestor
Qatar: Investments by Norwegian Firms more than $10 Billion

Many initiatives are currently being taken to further improve trade relations between Qatar and Norway. While Norway will continue to increase its participation in the Qatar food sector, there is ample room for cooperation between the two countries in sectors such as marine technology and defense industries. The success of Norwegian companies in Qatar in…

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