2011-11-27 - AMEinfo.com | Saudi Arabia | Latest News - Saudi Arabia: The Saudi Tadawul market index declined by half a per cent Saturday, ending at 6,057.59 points. Petrochemical giant Sabic fell 1.37% to SR90.25. Saudi Arabia refinery surged 10% to reach SR60.50. Banque Saudi Fransi ended a quarter per cent lower at SR40.60. Earlier in the day Dr. Saleh Al-Omair, Chairman of Banque Saudi Fransi, stated that the Banks board of directors took an unanimous decision to sell its 27% share capital in Bemo Saudi Fransi Syria and its 10% share capital in Bemo Lebanon. "His Excellency Banque Saudi Fransi Chairman justified the decision saying that the financial risks in the Arab Republic of Syria do not permit Banque Saudi Fransi to continue as partner," the bank said in an e-mailed statement.  

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