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Hadeel Al Sayegh

Saudi Arabia's Jadwa hires HSBC to advise on exiting UEMedical - sources

24 Nov 2020

DUBAI Saudi Arabian investment bank Jadwa Investment's private equity arm has hired HSBC to advise on the sale of its stake in Abu Dhabi healthcare group UEMedical, two sources familiar with the matter told Reuters.

RPT-Saudi Arabia's Jadwa hires HSBC to advise on exiting UEMedical -sources

24 Nov 2020

DUBAI, Nov 24 Saudi Arabian investment bank Jadwa Investment's private equity arm has hired HSBC to advise on the sale of its stake in Abu Dhabi healthcare group UEMedical, two sources familiar with the matter told Reuters.

Arabtec cuts thousands of jobs ahead of liquidation - sources

10 Nov 2020

DUBAI Dubai-listed contractor Arabtec has terminated thousands of workers again in recent weeks, sources said, as the construction firm prepares for liquidation after the coronavirus pandemic deepened its financial woes.

Arabtec cuts thousands of jobs ahead of liquidation - sources

10 Nov 2020

DUBAI, Nov 10 Dubai-listed contractor Arabtec has terminated thousands of workers again in recent weeks, sources said, as the construction firm prepares for liquidation after the coronavirus pandemic deepened its financial woes.

Arabtec names Mubadala advisor as interim CFO for liquidation process - sources

08 Nov 2020

DUBAI Dubai-listed contractor Arabtec Holding has brought in Matthew Holland, a senior advisor with state investor Mubadala, as its interim chief financial officer to help with liquidation plans, two sources familiar with the matter said.

Saudi Arabia's IPO pipeline looks 'quite busy': CMA chairman

04 Nov 2020

DUBAI/RIYADH Since Aramco's record listing last year, Saudi Arabia has seen a big increase in the number of companies looking to make their stock market debut in the kingdom, according to the head of the Capital Market Authority (CMA).

Saudi Aramco third-quarter profit slumps 44.6% as pandemic chokes demand

03 Nov 2020

DUBAI Saudi Arabian state oil giant Aramco on Tuesday reported a 44.6% drop in third-quarter net profit as the coronavirus crisis continued to choke demand and weigh on crude prices.

UPDATE 3-S.Arabia's STC hires banks for IPO of subsidiary -sources

25 Oct 2020

DUBAI, Oct 25 Saudi Telecom Co (STC) has hired banks to arrange a potential initial sale of shares in its product and services development arm, Solutions by STC, three sources familiar with the matter told Reuters.

Saudi Arabia's STC hires banks for IPO of subsidiary: sources

25 Oct 2020

DUBAI Saudi Telecom Co (STC) has hired banks to arrange a potential initial sale of shares in its product and services development arm, Solutions by STC, three sources familiar with the matter told Reuters.

Dubai's Arabtec asks banks for debt standstill for subsidiary, sources say

15 Oct 2020

DUBAI Arabtec Holding asked banks this week for a three-month standstill on debt repayments for its subsidiary Target, sources said, as the Dubai-listed builder that is facing liquidation seeks to save some of its business.

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