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Big banks report higher-than-expected net income for 3Q
Saudi National Bank posted its highest quarterly net income on record in 3Q 2025
Sidc to raise SAR 165 mn via rights issue at SAR 10 apiece
Al Majed Oud, Al Fakhera Men’s Tailoring secure Shariah-compliant credit facilities
Banks report healthy growth in 2Q -Alvarez & Marsal
The growth was driven by higher non-interest income and a more measured pace of lending and deposit expansion
erad lines up USD 33 mn debt investment from India’s Stride Ventures
ALSO- World Bank opens new regional hub in Riyadh
Jabal Omar refinances SAR 2 bn facility with Alrajhi Bank
The five-year facility can be extended for an additional three years
Big banks exceed expectations in 2Q + Sipchem moves to the red
SNB and Al Rajhi logged over SAR 6 bn each in quarterly net income
Maersk + Saudi Post to roll out e-commerce logistics solution
Maersk will leverage its global network
NDF signs SAR 5 bn credit facility agreement with Al Rajhi Bank, ANB + Awwal Bank to buy back SAR 5 bn sukuk
The facility is set to support development projects across the Kingdom
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