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SNB names Tareq Al Sadhan as new CEO
Al Sadhan previously served as Riyad Bank’s President and CEO
SNB names Saleh Alfuraih as CEO of digital venture and payment unit
Alfuraih was Cenomi’s Fintech CEO
SNB kicks off sale of USD-denominated sustainable sukuk
The proceeds will be channeled for “general corporate purposes and to fulfill the bank’s financial and strategic objectives”
SNB hires advisors for its potential FCY Sukuk issuance
The issuance will be made available for subscription to eligible investors locally and internationally
United Maintenance and Contracting lands SAR 1.8 bn racetrack contract for Speed Park
The racetrack will host major events, including Formula 1 Grand Prix
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
Acwa power gears up to draw USD 2.3 bn loan for solar projects
The projects will power some 750k households in the Kingdom once operational
It’s earnings season: SNB, Bank Aljazira, Banque Saudi Fransi report results
Results are looking good as the season gains steam
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