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Banks may sell bad loans to finance gigaprojects -Bloomberg
The first major sale could potentially come as early as this year
Al Othaim Investment secures SAR 3.1 bn shariah-compliant facility from SNB
The funding will back the company’s expansion and key projects
Saudi National Bank to list USD Formosa bonds in Taipei and London
The bonds are guiding on a SOFR +120 basis points price
Acwa Power-backed firm to develop SAR 2.5 bn desalination plant
PLUS: Balady Poultry to embark on a SAR 1.1 bn expansion plan
SNB, Al Rajhi, Alinma, BSF, SAIB, Bupa Arabia report 2024 earnings
SNB’s net income grew 5.9% y-o-y to SAR 21.2 bn in 2024
Aramco is MENA’s most valuable brand
Saudi brands drive USD 75.5 bn of MENA's USD 127.4 bn brand value
PIF’s Dan Company set to launch high-end resort in Al Ahsa
PLUS: US chemical producer LyondellBasell sets up shop in the Kingdom
The Kingdom’s top ten listed banks turned in solid 3Q results
Cost of risk deteriorated on the back of an uptick in impairment charges
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