National Water Company starts work on SAR 1.5 bn-worth of water + sewage projects
Red Sea International | Al Moammar Information Systems | Al Rajhi Bank | Riyadh Season | Tharwaa Gulf Holding |…
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Red Sea International | Al Moammar Information Systems | Al Rajhi Bank | Riyadh Season | Tharwaa Gulf Holding |…
Personal loans accounted for almost 47.6% of banking system’s loan book in 1Q
Saudi’s debt-to-GDP ratio is expected come at 26% in 2027
The USD-denominated issuance would help fund future acquisitions
The funding is used to support its short-term financing needs for ongoing major projects
The issuance’s proceeds surpass Rawabi Holding's last sukuk sale
The lender has already lined up some USD 533 mn to finance 57 projects in 32 countries
Jawharat Riyadh and Jawharat Jeddah are coming online in 2H 2025
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