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| NCB CAPITAL EXPECTS PETROCHEMICALS EARNINGS TO GROW 16% DESPITE WEAK 1Q13 |
| 3/24/2013 |
Increased earnings from startups and better operational efficiencies at existing facilities should lead to a 16% YoY growth in sector net income in 2013E
Riyadh, March 2013: In its latest update on the Petrochemicals sector, NCB Capital upgrades APPC and Yansab to Overweight, while maintaining all other ratings.
"We remain overweight on ... more |
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| NCB CAPITAL MAINTAINS STRONG LONG-TERM OUTLOOK FOR SAUDI FOOD AND AGRICULTURE SECTOR |
| 3/23/2013 |
Young growing population, expansion into new segments and high market share support strong positions of Almarai and Savola
Riyadh, March 2013: Reporting on the Saudi Food and Agriculture sector, NCB Capital, the GCC's leading wealth manager and the Kingdom's largest asset manager, expects the long-term outlook to remain strong.
Covering market ... more |
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| NCB CAPITAL BELIEVES THE PRESSURE ON SAUDI BANKS MARGINS DUE TO INCREASED COMPETITION IS ALREADY PRICED-IN |
| 3/23/2013 |
Riyadh, March 2013: In its latest report on Saudi banks, NCB Capital reduces its Net Interest Margin (NIM) estimate due to increasing competition and expects a 9bps decline in margins from a previous estimate of flat NIMs.
"As a result, we expect Saudi Banks to have lower profit growth that is ... more |
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| NCB CAPITAL EXPECTS TELECOM SECTOR TO BENEFIT FROM KINGDOM’S STRONG MACRO OUTLOOK AND INCREASING GOVERNMENT EXPENDITURES |
| 3/23/2013 |
Mobily remains top pick due to stronger outlook and domestic focus
Riyadh, March 2013: In its latest update on the Kingdom's telecom sector, NCB Capital believes that the kingdom's strong macro outlook coupled with the government's increasing expenditures will continue to support growth in the sector. Furthermore, ... more |
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| NCB CAPITAL EXPECTS CONTINUED STRONG EARNINGS GROWTH FOR SAUDI RETAIL SECTOR |
| 3/13/2013 |
Expansion through opening new stores and consolidation of fragmented markets are key drivers of profit growth
Delivering its latest report on the Saudi retail sector, NCB Capital, the GCC's leading wealth manager and the Kingdom's largest asset manager, expects strong earnings growth to continue due to expansion through opening stores, margin ... more |
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| NCB CAPITAL BELIEVES THE RECENTLY PUBLISHED LAWS BY SAMA WILL BENEFIT THE KINGDOM |
| 3/3/2013 |
Impact of the new regulations will be felt in the long-term
Reviewing the partial regulations for the Saudi Mortgage Law published by SAMA, NCB Capital, the GCC's leading wealth manager and the Kingdom's largest asset manager, believes that the regulations are positive and will impact the banking sector in the medium to ... more |
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| NCB Capital expects a decline in banks net profits for the second half of 2012 |
| 11/26/2012 |
Big Banks are still the Best
Riyadh, 18 September 2012: NCB Capital, the largest asset manager and the leading wealth adviser in the Kingdom, believed that the banks focusing on generating higher returns on equity (Samba, AlRajhi and Riyadh) are the best in the sector. Although the market rewards the rise in ... more |
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| NCB Capital: Concerns on Global Economy Continue to Hold Back the Petrochemical Sector |
| 11/25/2012 |
Long term outlook outweighs short term risks
Riyadh, 19 September, 2012: Concerns on the global economy continue to hold back the performance of the Saudi petrochemical sector, said
NCB Capital in its recent report. Rising propane and butane costs and operational inefficiencies at the new startups are contributing to the weak
performance. ... more |
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| NCB Capital: Sama's Announcement a Step Closer to Long Awaited and much Needed Mortgage Law |
| 11/25/2012 |
Lack of supply of affordable housing continues to be a challenge
Riyadh, November 21, 2012: NCB Capital, the GCC's leading wealth manager and the Kingdom's largest asset manager, believes that SAMA's
recently published draft regulations moves the country closer to the enactment of the long awaited and much needed Mortgage Law. ... more |
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| NCB Capital Initiates on Mouwasat with Overweight Rating and PT of SR61.2 |
| 11/25/2012 |
Saudi healthcare annual spending is SR86.5bn and growing at 16.8% CAGR
Riyadh, 12 November, 2012: NCB Capital, the GCC's leading wealth manager and the Kingdom's largest asset manager initiated on Mouwasat with an
Overweight rating and a PT of SR61.2, indicating an upside of 20%. NCB Capital believes that the low healthcare ... more |
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| NCB Capital Strategic Alliance with Amundi and TCW |
| 3/25/2012 |
As we work towards our objective of becoming the GCC's leading wealth manager, it is important that we enhance our ability to open up international markets for our clients and to continue to launch and manage strongly-performing funds.
Last week we have taken a major step on that road, with the announcement ... more |
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| NCB Capital Awarded the International Accredited BS-25999 Standard from the BSI |
| 6/8/2011 |
| It is our pleasure to announce that NCB Capital was recently awarded the international accredited BS-25999 standard from the British Standard Institution (BSI) for its pioneering work in Business Continuity Management (BCM). It is a great honor and privilege to be recognized as the first investment company in the Middle East ... more |
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| Revising Al Ahli Funds Terms and Conditions |
| 2/22/2011 |
23/1/1432 H
29/12/2010 G
Dear Esteemed NCB Capital Client,
Pursuant to the Investment Fund Regulations issued by the Capital Market Authority we wish to notify you that NCB Capital has revised the relevant clause of the Terms and Conditions of its investment funds (listed in the attached schedule) ... more |
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| NCB CAPITAL INITIATES COVERAGE ON SABIC |
| 1/19/2011 |
Rates as "overweight"
Riyadh, 12 January, 2011 - NCB Capital, Saudi Arabia's largest investment bank, has added analysis of SABIC to its award-winning equity research coverage. It has initiated coverage recently with an "overweight" rating and a price target of SR130.8 per share.
SABIC is a leading global petrochemical ... more |
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| NCB CAPITAL LAUNCHES The "NCB CAPITAL OFFICES" FOR CLIENTS AROUND THE KINGDOM |
| 1/1/2011 |
Brings multiple wealth management advisory services together in single locations
for ease of access and tailored investment solution
Riyadh, December 2010 - NCB Capital, Saudi Arabia's largest investment firm, launches a unique new service for its affluent clients across the Kingdom. This unique service will offer clients a unique advisory service to ... more |
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| THE GLOBAL CURRENCY SYSTEM NEEDS REVISION |
| 8/24/2010 |
Riyadh, 31 July 2010 - NCB Capital, Saudi Arabia's largest investment bank, believes that whereas the global economic crisis has seen a growing divergence in economic performance between advanced and emerging economies, exchange rate realignments have not matched the divergent fundamentals, thereby delaying the correction of global economic imbalances.
Writing in ... more |
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| GCC BOND AND SUKUK MARKET BOUNCE-BACK IN Q2 |
| 8/24/2010 |
| Riyadh, 8 August 2010 - NCB Capital, Saudi Arabia's largest investment bank, reported that the GCC debt capital markets staged a broad-based recovery in the second quarter of the year after a disappointing beginning to the year. The conventional bond market saw the aggregate value of primary issuances increase by 33 ... more |
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| RENEWED TURBULENCE CASTS DOUBT |
| 8/24/2010 |
| Riyadh, July, 2010 - NCB Capital, Saudi Arabia's largest investment bank, believes that the strength of the ongoing global economic recovery is in renewed doubt following the growing intensity of the sovereign debt crisis in Europe and that, for the GCC, the crisis injects another dose of uncertainty following a fairly ... more |
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| NCB CAPITAL PUBLISHES UPDATE TO MARKET LEADING SAUDI FACTBOOK |
| 8/24/2010 |
| Riyadh, 10 July 2010 - NCB Capital, Saudi Arabia's largest investment bank, has published its second annual Saudi Factbook, the market's most comprehensive analysis of the Saudi capital markets, its economy and all 142 stocks in the TASI (Tadawul All Shares Index). It also details each of the 15 sectors ... more |
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| NCB Capital Chief Executive listed among top ten most influential people in the MENA fund management industry. |
| 6/16/2010 |
| Jawdat Al Halabi has been elected as one of the ten most influential asset management executives in the inaugural list of "The 2010 MENA Fund Manager Power Forty", published by MENA FM.
In placing our CEO in the top grouping, the magazine said, "We wanted to recognize those professionals who have made ... more |
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| GCC Set To Become a Leading Hub in the Emerging Indian Ocean Economic Space |
| 6/16/2010 |
| Size of economy on track to double by 2020
Riyadh, June 1, 2010 - NCB Capital, the investment banking arm of National Commercial Bank, Saudi Arabia's largest bank, believes that the GCC region's growing trade and investment links with other emerging markets, along with continued economic liberalization ... more |
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| GCC Debt Issuance in the First Quarter Fell Sharply to US$4.025 Billion |
| 6/16/2010 |
| Sukuk worst affected, but medium-term outlook remains encouraging
Riyadh, 26 April, 2010 - NCB Capital, the largest investment bank in Saudi Arabia and a subsidiary of National Commercial Bank, reported that the GCC conventional bond market recorded a poor performance in the first quarter of 2010 amid Dubai-linked ... more |
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| Rapid GCC Demand Growth For Water Poses Major Policy Challenges |
| 6/16/2010 |
| Greater regulation and oversight needed
Riyadh, April 2010- NCB Capital, the investment banking arm of National Commercial Bank, Saudi Arabia's largest bank, believes that the widening gap between the demand for and the supply of water in the GCC region is becoming a policy concern of ... more |
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| NCB Capital Appointed to Manage SR550 Million BUPA Arabia Fund |
| 6/16/2010 |
| Reflects firm's institutional asset management expertise and Shariah-compliant leadership
Jeddah, April,2010- NCB Capital, the largest investment bank in Saudi Arabia and a subsidiary of National Commercial Bank, has been appointed by BUPA Arabia, the Kingdom's premier health care service provider, to manage its SR550 million investable fund along ... more |
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| Near-Term Risks Look Eminently Manageable, But Technocratic Policy-Making Essential For Addressing Longer-Term Challenges in Saudi Arabia |
| 6/16/2010 |
| Riyadh, 10 April 2010- Presenting a highly favourable view of the Kingdom's economic outlook, NCB Capital states that recent years have seen a triumph of technocratic policy-making in Saudi Arabia resulting in macroeconomic stability substantial reserves, and a strong financial sector. The authorities have consistently demonstrated their support for ... more |
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| NCB Capital Sees Real Estate Benefiting From Improved Economic Conditions |
| 6/16/2010 |
| But regional structures must be put in place
to avoid another 'bubble'.
Riyadh, April 2010- NCB Capital, the investment banking arm of National Commercial Bank, Saudi Arabia's largest bank, believes that with oil prices recovering, confidence reviving and bank lending showing signs of recovery, a turnaround in real estate ... more |
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| GCC Agriculture Policy to Focus on Food Security as Acquisition of Land Abroad Addresses Rescources Constraints at Home |
| 6/16/2010 |
| Global food price shocks likely to increase in frequency.
Riyadh 3rd March, 2010- NCB Capital, the investment banking arm of National Commercial Bank, Saudi Arabia's largest bank, believes that the GCC's agricultural sectors are being fundamentally reshaped by a policy transition from the food self-sufficiency goal ... more |
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| NCB CAPITAL SEES LONG-TERM FAVOURABLE OUTLOOK FOR GCC REAL ESTATE MARKET |
| 6/16/2010 |
| Structural changes in Saudi Arabia to underpin
20 per cent growth over three years
Riyadh 21st February, 2010 - NCB Capital, the investment banking arm of National Commercial Bank, Saudi Arabia's largest bank, believes that although the real estate markets remain subdued in many countries because of weak economies and credit constraints, by ... more |
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| Strong GCC Debt Market Performance Q4 2009 |
| 6/16/2010 |
| Favorable growth prospects this year
Riyadh January, 2010- NCB Capital, the investment banking arm of National Commercial Bank, Saudi Arabia's largest bank, today released research showing that the robust recovery of the GCC debt markets continued to gather pace during the last quarter of 2009, with new bond ... more |
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| NCB CAPITAL SEES GULF GROWING IN IMPORTANCE AS A GLOBAL HUB FOR GOLD |
| 6/16/2010 |
| Saudi Arabia is largest GCC market; highest growth potential
Riyadh January, 2010 - NCB Capital, the investment banking arm of National Commercial Bank, Saudi Arabia's largest bank, believes that the GCC region is growing in importance as a leading global hub for gold. This is due to a sizeable and loyal ... more |
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| World Islamic Funds & Capital Markets Conference (WIFCMC 2010) |
| 6/16/2010 |
| The current recessionary environment has forced the leaders of international & regional financial institutions to fundamentally re-think and adapt their business models and realign them to the new economic realities. The 6th Annual World Islamic Funds & Capital Markets Conference (WIFCMC 2010) could not have come at a more opportune time. ... more |
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| Move to New Riyadh Headquarter Offices |
| 6/16/2010 |
| NCB Capital Headquarter offices in Riyadh have officially been moved from Faisaliah Tower to NCB regional building - Al Mather Street - Tower B - 3rd & 4th floor.
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| World Islamic Capital markets Conference |
| 4/27/2009 |
NCB Capital is the Capital Markets Partner Sponsor in the World Islamic Capital markets Conference.
For more information on the event please click here
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| Revising AlAhli Funds Terms and Conditions |
| 3/22/2009 |
10/3/1430 H
7/3/2009 G
Dear Esteemed NCB Capital Client,
In accordance with NCB Capital's commitment to comply with the Investment Funds Regulations issued by the Saudi Arabian Capital Market Authority (CMA) whose objective is to regulate procedures relating to the establishment and management of mutual funds ... more |
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| Strong corporate results from Mid Cap companies |
| 7/20/2008 |
Investors attracted by strong corporate results from Mid Cap companies which have great potential growth
Riyadh, July 2008: With the Kingdom's economy showing robust economic growth and companies returning rising corporate results, investors are looking at Saudi equities with renewed interest and, in particular, are directing their attention ... more |
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| NCB Capital (NCBC) investment strategy report |
| 3/18/2008 |
| January 01, 2008 - NCB Capital (NCBC) has released a detailed investment strategy report highlighting how the GCC economies are capitalizing on their petrodollar windfalls (estimated to be in excess of USD 2 trillion over this decade) to drive their efforts to diversify their economies away from hydrocarbons. The resultant project ... more |
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| World's first Shariah compliant fund - AlAhli Global Real Estate Fund (GREF), |
| 3/18/2008 |
One week after the launch of the NCB Capital BRIC Secured Fund
Jeddah, November 2007: NCB Capital, the investment and asset management arm of the National Commercial Bank, has introduced the world's first Shariah compliant "AlAhli Global Real Estate Fund" (GREF), a fund that invests in companies whose activities are in real ... more |
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| Shariah compliant fund invests |
| 3/18/2008 |
Shariah compliant fund invests exclusively in the four BRIC countries:
Brazil, Russia, India and China
Riyadh, November 2007: NCB Capital, the newly-formed investment and asset management arm of the National Commercial Bank, has launched a new investment product, the AlAhli BRIC Secured Equity Fund which invests in Shariah compliant companies in the ... more |
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| Kingdom's first dedicated investment house offers comprehensive range of trading options including IVR service |
| 3/18/2008 |
Kingdom's first dedicated investment house offers comprehensive range of trading options including IVR service
Jeddah, July 2007: NCB Capital, the investment and asset management arm of the National Commercial Bank, is offering its customers more choices for trading than any other investment house in the Kingdom. In line with celebrating its debut, ... more |
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