| 01.03.2010 - Saudi regulator fines top Islamic lender al-Rajhi |
| From Reuters: Saudi Arabia's regulator has fined the country's biggest Islamic bank, al-Rajhi, for not notifying it about the resignation of two senior executives, the regulator said on Sunday. The fine is the latest action by the Capital Market authority (CMA) to enforce greater adherence to corporate governance following debt defaults at two family owned companies..........................................Full Article: Source |