Saudi Arabia Shares Up On Saturday
Shares rose in Saudi Arabia, OPEC’s biggest oil producer, as crude posted its first weekly jump since April and…
Browsing Tag
Al Rajhi Bank
NCB Capital: Saudi Banks’ Loan Growth Will Boost Profits
Profit growth for Saudi banks in 2012 will be driven by strong growth in loan volumes, particularly in the retail…
Five Saudi Banks To Underwrite US$ 1.6 Bln Zain Saudi Share Issue
Saudi Arabia's Al Rajhi Bank and Banque Saudi Fransi are among five banks underwriting a six billion riyals…
CI Affirms KSA’s Al Rajhi Bank Rating At ’AA-‘
Capital Intelligence (CI), the international credit rating agency, announced that it has affirmed the ratings of Al…
Saudi Shares Hit Three-Month Low
Saudi Arabian shares fell to the lowest in almost three months, led by petrochemical companies and banks, as…
Saudi Shares Dips To Two-Month Low On Oil, Europe Debt Concern
Saudi Arabia’s shares slumped for a second day after oil dropped to a 2012 low on concern that Europe’s debt crisis…
Saudi Arabia’s Banks Q1 Profit Reports SR9.6 Bln
Saudi Arabia’s 12 major banks reported a total profit of SR9.6 billion in Q1, 2012, reflecting a year-on-year…
SSE Rallies to New Three-and-Half Year High
Banks helped the Saudi Stock Exchange (SSE) rise for a fourth straight session Monday, with stock benchmark Tadawul…
New CEO appointed: Al Rajhi Bank
Al Rajhi Bank, Saudi Arabia’s largest publicly traded lender, has appointed Sulaiman bin Abdul Aziz Al Zaben as…
Apicorp raises billions in Sharia-compliant syndicated financing
Dubai: Arab Petroleum Investments Corporation (Apicorp), the multilateral development bank of the ten member…
