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Is Neom planning its first-ever sukuk sale?
Bloomberg says the offering could raise up to SAR 5 bn
eXra’s net income up 11.2% y-o-y in 1Q. Plus: Aviation, manufacturing and telecoms
United Electronics Company (eXtra) | Ladun Investment | Al Rajhi Bank | Zoujaj | solutions by stc
Banks will lead uptick in corporate earnings in 1Q 2024 –Al Jazira Capital
Al Jazira sees companies in its coverage universe posting a 5.2% rise in net income, led by banks
Acwa Power refinances debt for Bahrain desalination plant
The desalination plant is 60% owned by Acwa Power
Al Rajhi raises USD 1 bn from 5-year sustainable sukuk sale
Order book value was at USD 2.8 bn
Al Rajhi Bank hires advisors for five-year sustainable sukuk
Proceeds are earmarked to support the bank’s financial and strategic objectives
Four of the Kingdom’s seven largest banks saw NPLs dip last year
Personal NPLs accounted for 37% of the total NPLs of seven banks
PIF launches new vehicle to target sustainable tech manufacturing. PLUS: Debt, aviation, fintech
Alat is chaired by Crown Prince Mohammed bin Salman
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