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Monday, 23 September 2019 14:22 UAE time

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Al Rajhi Banking & Investment

Main Category: Other Financial Services
City : Riyadh
Country : Saudi Arabia
Phone: 966 1 4603333
Fax: 966 1 4600625
Email: salessupport@alrajhi-capital.com
Website: www.alrajhibank.com.sa


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Saudi's Al Rajhi Bank raises loan-loss provisions 18%

Provisions rose to SR422.1m ($112.6m) for the three months ended June 30.

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Saudi regulator fines Al Rajhi for non notification

Fine is the latest action by CMA to enforce greater adherence to corporate governance.

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Saudi shares advance, led by Riyad Bank and Al Rajhi Bank

Crude oil prices rose after a report showed that the US economy grew at 5.9%.

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Oil eases investors past Saudi’s regulatory risks

The Kingdom’s muddy investment rules are failing to deter foreign inflows.

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Petrochemicals lead Saudi gains

Four-week high for oil price on back of upbeat US economy, all-share index up 0.33%.

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Saudi's Al Rajhi eyes Asia for M&A deals

World's largest Islamic bank eyes opportunities to capitalise on the economic slump.

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Saudi bourse hits 3-month high

Petrochemical and banking shares lead way on better-than-expected earnings numbers.

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Gulf's largest lender posts 8% profit rise Q1, 2009

Better-than-expected profit rise for Al Rajhi Bank came from core activities.

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Arab takeover of international bank 'now possible'

Markaz sees regional banks eyeing move for global giants amid economic slowdown.

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Al Rajhi Bank to curb overseas expansion

CEO of Al Rajhi Bank confirms the Saudi lender is to restrict overseas growth to Malaysia and Kuwait.

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Saudi banks post lower Q4 profits

Higher provisions have led to three of Saudi Arabia's largest banks posting lower Q4 profits.

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Saudi bank rolls out advanced ATMs

World's largest Islamic bank by market capital teams up with Visa to offer new cash machines.

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Al-Rajhi rules out merger

CEO says there is 'no intention to merge', bank has not made any losses from foreign investments.

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Saudi shares rise on foreign investment change

UPDATE 1: Main index posts its biggest one-day rise since April 2007.

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Increased lending boosts Dubai Islamic profit

Bank sees Q1 profit rises 31% to $151.4mn, helped by lending to UAE's realty sector.

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Markets continue slump ahead of Fed cut

All Gulf states pegged to US dollar see markets drop on concerns US will slash rates.

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$5bn Saudi railway deal to be awarded in June

Four groups of Saudi and international firms are vying for 30-year contract.

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Saudi's Al Rajhi halts profit slide

Largest Gulf Arab lender brings year's decline in profit to an end in Q3 on higher income from investments.

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Ri$ky business

An introduction to the financing method which provides the cash for new capacities.

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Saudi inflation to rise to 2.8%

Consumer and investment demand is likely to continue putting upwards pressure on prices, report says.

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Amana Contracting and Steel Buildings awarded Al Rajhi Investments contract

Dubai-based Amana Contracting and Steel Buildings has been awarded a US $8.1 million (AED30 million) contract by Al Rajhi Investments to construct a multipurpose industrial facility in Ras Al Khaimah for the manufacturing of aluminum, steel and glass.

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Al-Rajhi eyes foreign expansion

Gulf's largest bank to boost Malaysia branch network, considers further expansion abroad.

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First Islamic payment switch opens

Al Rajhi Bank works with Malaysian institution to produce and manage Shariah-compliant payment cards.

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Candidates for consolidation

The region's banking sector is facing up to the biggest shake-up it has ever witnessed during its tender 50-year history.

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Saudi stars

Anil Bhoyrul looks at the 10 biggest names in the Kingdom when it comes to power, success and wealth.

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Eight compete for UAQ desal

Eight international companies have submitted bids to construct a US $1.36 billion (AED5 billion) desalination plant in Umm Al Quwain.

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Gulf market report - 9 April 2007

The DFM's winning streak was cut short today as the market closed at a loss.

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