<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Stock Market News &#38; Stocks to Watch from StraightStocks &#187; Al-Rajhi Bank;</title>
	<atom:link href="http://www.straightstocks.com/tag/al-rajhi-bank/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.straightstocks.com</link>
	<description>Leading Stock Market News, Opinions and Commentary</description>
	<lastBuildDate>Thu, 26 Nov 2009 10:32:19 +0000</lastBuildDate>
	<generator>http://wordpress.org/?v=2.8.5</generator>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
			<item>
		<title>Saudi banks to help Zain reschedule murabaha loan</title>
		<link>http://www.straightstocks.com/market-commentary/saudi-banks-to-help-zain-reschedule-murabaha-loan/</link>
		<comments>http://www.straightstocks.com/market-commentary/saudi-banks-to-help-zain-reschedule-murabaha-loan/#comments</comments>
		<pubDate>Sun, 21 Jun 2009 21:05:50 +0000</pubDate>
		<dc:creator>Jason G. Wulterkens</dc:creator>
				<category><![CDATA[Frontier Markets]]></category>
		<category><![CDATA[Market Commentary]]></category>
		<category><![CDATA[Saudi Arabia]]></category>
		<category><![CDATA[Al-Rajhi Bank;]]></category>
		<category><![CDATA[Banque Saudi Fransi]]></category>
		<category><![CDATA[Chief Communications Officer]]></category>
		<category><![CDATA[France]]></category>
		<category><![CDATA[Ibrahim Adel]]></category>
		<category><![CDATA[intermediary financier]]></category>
		<category><![CDATA[jason g wulterkens]]></category>
		<category><![CDATA[Kuwait]]></category>
		<category><![CDATA[Mobile Telecommunications Co.]]></category>
		<category><![CDATA[USD]]></category>
		<category><![CDATA[Zain Saudi Arabia]]></category>

		<guid isPermaLink="false">http://frontiermarkets.wordpress.com/?p=789</guid>
		<description><![CDATA[Reports surfaced this past week that Kuwait’s Mobile Telecommunications Co. (Zain)&#8211;the leading African and Middle Eastern mobile operator&#8211;is close to rescheduling a $2.5 billion two-year &#8220;murabaha&#8221; loan agreement on behalf of its subsidiary, Zain Saudi Arabia, that it signed in 2007 in order to finance the development of its infrastructure and the expansion of its [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=frontiermarkets.wordpress.com&#38;blog=3702668&#38;post=789&#38;subd=frontiermarkets&#38;ref=&#38;feed=1" />]]></description>
		<wfw:commentRss>http://www.straightstocks.com/market-commentary/saudi-banks-to-help-zain-reschedule-murabaha-loan/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Al-Rajhi Bank</title>
		<link>http://www.straightstocks.com/frontier-markets/al-rajhi-bank/</link>
		<comments>http://www.straightstocks.com/frontier-markets/al-rajhi-bank/#comments</comments>
		<pubDate>Tue, 23 Dec 2008 06:34:00 +0000</pubDate>
		<dc:creator>Daniel Broby</dc:creator>
				<category><![CDATA[Frontier Markets]]></category>
		<category><![CDATA[Al-Rajhi Bank;]]></category>
		<category><![CDATA[Bakheet Financial Services;]]></category>
		<category><![CDATA[Bank]]></category>
		<category><![CDATA[record oil receipts;]]></category>

		<guid isPermaLink="false">tag:blogger.com,1999:blog-3742382075154765669.post-8794699249558468666</guid>
		<description><![CDATA[Al-Rajhi Bank, the largest Gulf Arab bank, has fallen 70% so far this year.  The concern is that last years record profitablity will suffer the same fate as happened to its net profit in December 2006.  At that time the bank had a run of negative results on the back of a 2006 regional stock market crash which slashed its brokerage and fund management revenue.br /br /Although the bank continues to develop its investment and banking side, unfortunately(market rumours are that) its subsidiary, Bakheet Financial Services, boosted lending when interest rates were low and there were record oil receipts.  In other words, they may face the same problem again.]]></description>
		<wfw:commentRss>http://www.straightstocks.com/frontier-markets/al-rajhi-bank/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>
