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Logistics (MENA) 
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
Juffali Automotive opens its largest Mercedes center. Plus: Infrastructure, agriculture, and debt
The Riyadh facility, dubbed Center for Tomorrow, spans over 21k sqm
It’s earnings season: Alinma Bank and Arab National Bank
More banks are reporting positive results as season gains steam
Alinma Bank wraps up acquisition of Tokio Marine’s stake in Arabian Shield Ins
This brings the bank’s stake up to 11.5% after acquiring TMNF’s full stake
Alinma Bank acquires Tokio Marine’s stake in Arabian Shield Ins.
The transaction is expected to close by the end of March 2024
Clients have mixed feelings about their banks
The survey tracked 5 mn posts on X by customers
Amiantit divests from International Infrastructure in bid to deleverage
The move cuts the company’s outstanding debt to lenders by 50%
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