Financial and Banking News
Saudi Corporates And Gulf Airlines Seek Commercial Loans
- Banks underwriting a loan to the Saudi Chemical Investment Company (Chemvest)will make a presentation to banks in Riyadh on 8 May. Chemvest is a privatesector joint venture company, owned by Saudi investors and Mobil, which willbuild an MTBE plant in Yanbu'. Underwriting banks include Saudi French Bank,National Commercial Bank, Riyad Bank and Chemical Bank. The...