Big banks edge higher + Nadec squeezed by feed, shipping costs
Loan books grew and investment income climbed, but funding costs kept bank earnings contained
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Loan books grew and investment income climbed, but funding costs kept bank earnings contained
The company will distribute SAR 1.07 bn in dividends for 1H
Al Rajhi leads the banks, Flynas takes the biggest transport hit, and SABIC’s losses are shrinking but not gone
Advanced slipped into a SAR 98 mn net loss in 2Q, as propane supply disruptions continued
Growth was tempered by a 20.3% drop in eXtra’s 2Q earnings
The company recorded a 1.7% y-o-y drop in net income to SAR 636 mn in 2Q 2026
The firm also saw a 7.2% revenue drop due to volatile market conditions and shifting consumer patterns
Wholesale growth and the consolidation of its IT arm powered Etihad GO Telecom to a strong full-year performance. The company…
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