- Middle East Business News
Tuesday, 26 May 2020 11:03 UAE time


Al Rajhi Bank - Saudi Arabia

Main Category: Asset Management
First Address : 28
Second Address : Olaya Street
City : Riyadh
Country : Saudi Arabia
Phone: 966 1 2116000
Fax: 966 1 4603351

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Saudi shares advance as US, China data fuel confidence

Saudi Arabian economy expected to grow 3.5% this year, compared to 2009's 0.6%.

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Saudi economy set for 3.9% growth in 2010

Growth will see budget surplus reach $10.6bn, against $18.6bn budgeted deficit.

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Sulaiman Al Rajhi starts assets transfer

Man behind Saudi Arabia's biggest bank transfers shares to family members.

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Swedish SEK mulls Islamic bond to boost Saudi trade

'Sukuk could be one way of financing trade in Saudi Arabia' - SEK executive director.

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Saudi's Al Rajhi raises loan loss provisions in Q1

Rajhi set aside $95.7m in impairment charges for loan losses during Q1 2010.

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Saudi shares hit 17-month closing high

Kingdom plans to launch stock market index funds accessible to foreigners by the end of March.

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Al Rajhi, Arcapita launch $500m property fund

Firms announce real estate income fund to capitalise on falling prices.

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Saudi bank eyes 90 new branches in three years

Al Rajhi Bank set to continue expansion despite global economic crisis.

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Saudi's Al Rajhi's Q4 rises below analysts' forecasts

Bank's Q4 profits are its lowest in 2009 as bad debt provisions hit Saudi banks.

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Kuwait's Zain renewing $2.5bn Islamic loan - banker

Deal includes a 6-month extension option at the mobile operator's request.

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Kuwait's Dar closes 1st part of $400mn Islamic loan

Three-year $150mn deal for Aston Martin part-owner backed by Saudi, Oman banks.

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Gulf banks post bumper profit as economies boom

Q2 earnings top forecasts economies benefit from high oil prices and low rates.

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Saudi's Al-Rajhi profit tops forecasts

Largest Gulf Arab bank says core activities underpin 8.2% rise in income to $464.5mn during Q2.

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Al-Rajhi earnings rise 2.1%

Gulf's largest Islamic lender sees Q1 net income of $427.2mn boosted by core business operations.

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Saudi stocks drop on global economic fears

Kingdom Holding leads losses as investors limit exposure to US financial sector crisis.

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RSGT borrows $453mn for Saudi port deal

Red Sea Gateway Terminal Company arranges Islamic loan to build container terminal.

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