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FINANCIAL NEWS
Saudi GACA hires 3 banks for sukuk issue
12 Jun 2013
(MENAFN) Saudi Arabia’s General Authority of Civil Aviation (GACA), has hired 3 banks for sukuk issue, reported Times of Oman.
The three banks are HSBC Holdings, National Commercial Bank’s investment banking unit and Standard Chartered.
GACA announced last year it has plans to issue a second tranche to fund airport expansion in the Saudi capital, Riyadh.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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