S. Arabia’s NEOM secures $2.67b RCF
Saudi Arabia’s NEOM has secured a $2.67 billion revolving credit facility (RCF) from local lenders.
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Alinma Bank
Gulf markets firm, Saudi rises on banks
Most Gulf stock markets were firm in early trade on Monday with Saudi Arabia recovering from Sunday’s losses as…
Banking shares boost Saudi bourse, other Gulf markets upbeat
Banking shares helped lift Saudi Arabia's bourse in early trade Tuesday as two lenders beat analysts' earnings…
Fitch Rates Saudi Arabian Based Alinma Bank ‘A-‘; Outlook Stable
Fitch Ratings has assigned Alinma Bank (Alinma) a Long-term Issuer Default Rating (IDR) of 'A-' with a Stable…
Zain Ksa Rights Issue Update
Saudi Fransi Capital , the lead manager of the on-going rights issue transaction being undertaken by Mobile…
Zain KSA Shareholders Approve Capital Restructuring Plan
Zain KSA said it had received shareholders' support for its capital restructuring plans. The approval came at an…
KSA’s Banks Face Risk From Asset Liability Mismatch: Alinma CEO
Saudi Arabia’s banks face the biggest risk from a maturity mismatch between assets and liabilities and need to find…
Saudi Shares End Lower Despite Oil Price Rise
Saudi shares closed lower on Saturday on petrochemical losses despite rising oil prices. Brent crude futures closed…
