"As a result, we expect Saudi Banks to have lower profit growth that is also due to reduced income from brokerage," said Mahmood Akbar, the equity research analyst at NCB Capital .
Over the past three years, at around this time, market sentiment has softened amid worries about rising tensions in Europe, slowing US growth and moderating Chinese activity. These themes have returned to the forefront, but with less intensity and with a
George Osborne delivered a politically adept speech against a backdrop of grim economic news, introducing tax cuts for business, a boost for home buyers and help for the ‘squeezed middle’ at a net cost of £140m, avoiding the cardinal sin
César Pérez, Chief Investment Strategist for Europe, Middle-East and Africa at J.P. Morgan Private Bank comments on the outlook for Cyprus