KM Financial Solutions | MIDEAST STOCKS-Saudi banks merger boosts Alawwal as geopolitical worries weigh on Gulf
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MIDEAST STOCKS-Saudi banks merger boosts Alawwal as geopolitical worries weigh on Gulf

MIDEAST STOCKS-Saudi banks merger boosts Alawwal as geopolitical worries weigh on Gulf

DUBAI, May 16 (Reuters) – Saudi Arabia’s Alawwal Bank soared
on Wednesday after the announcement of its planned merger with
Saudi British Bank, while most Gulf stock markets closed in
negative territory on the back of rising geopolitical concerns.

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