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It’s earnings season: Al Rajhi Bank, Bahri report results
Investments soared 32% y-o-y to SAR 133.4 bn in FY2023
BSF closes second issuance from USD 4 bn sukuk program
The offering was 4x oversubscribed
Aramco doubles down on venture capital, Turkish company eyes USD 5 bn steel plant
PLUS: We know more about what Abu Dhabi Commerical Bank
Clients have mixed feelings about their banks
The survey tracked 5 mn posts on X by customers
Al Rajhi Bank refinances its real estate portfolio in landmark transaction with SRC
This brings the total refinancing between the SRC and the lender to SAR 10.8 bn
BTC is up again + Moody’s thinks banks around the world are in for a rough 2024
Moody’s blames slower growth and risk of borrowers defaulting for its outlook
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