Bank Albilad is out with 2025 earnings

Bank Albilad posted an 8.7% y-o-y rise in net income to SAR 3.1 bn in 2025, driven by a 9.2% increase in total operating income that outpaced operating expenses, it said in a disclosure to Tadawul. The bank’s total financing income grew 4.7% y-o-y to SAR 7.4 bn over the same period, while its investment income jumped 17.3% to SAR 1.7 bn.

Dividends: The bank’s board recommended distributing SAR 825 mn in dividends for 2H 2025 at SAR 0.55 per share, it said in a separate disclosure. The distribution date will be determined later.

Halwani Bros

Halwani Bros Company’s net income slid 4.6% y-o-y to SAR 42.6 mn in 2025, weighed down by weaker consolidated sales, higher administrative and distribution costs, and increased financing expenses from its Egypt subsidiary, it said in a disclosure to Tadawul. Meanwhile, revenue fell 6.7% y-o-y to SAR 903.9 mn, pressured by lower export sales and adverse currency movements at its Egypt subsidiary.

ALSO- The company inked a SAR 100 mn shariah-compliant credit facility with Emirates NBD Bank, it said in a separate disclosure. The one-year, renewable facility will go to supporting the company’s working capital needs and is fully backed by a promissory note.

MUHIDE raises funds for expansion in Series A round

Homegrown fintech MUHIDE closed a Series A round, raising an undisclosed amount, according to a press release. The round — backed by Saudi family conglomerate Asyad Group — will enable the startup to expand its team and upgrade its platform.

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