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Fresh capital issuances from BSF, Alinma, Sab hit the market
Alinma is out with a sustainable AT1, while Sab issues T2 green notes
Ardara launches lifestyle hub Al Wadi amid Aseer investment push
ALSO: Aseer eyes SAR 15 bn in new tourism investments
PIF closes USD 1.25 bn sukuk offering with 6.5x oversubscription + Banque Saudi Fransi raises USD 650 mn in AT1 bonds
The Kingdom is expected to borrow heavily this year
Al Rajhi Bank + Banque Saudi Fransi wrap up AT1 sukuk offerings
Subscriptions wrapped yesterday
Saudi banks report record net income of SAR 20.5 bn in 3Q 2024
The increase was supported by greater investments and operating income
Osool and Bakheet refinances SAR 50 mn loan with BSF
PLUS: Takamol Holding signed a raft of agreements at Gitex Global 2024
Saudi banks’ total assets up 10.5% y-o-y in 2Q 2024
, National Commercial Bank tops the list
Ades Holding secures new contracts in Kuwait
PLUS: Saudi Ground Services lands a SAR 1.5 bn contract contract with Riyadh Air
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