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Demand lifts Saudi’s non-oil private sector growth to a seven-month high
The home market is driving the recovery, with firms hiring and building capacity for demand they expect to hold
Saudi PMI climbs to a six-month high of 53.8 in August
Output rose at a seven-month high as domestic demand offset another drop in foreign orders
Riyad Bank doubles sukuk issuance size, Flynas lands first government travel agreement
The bank increased the offering to SAR 10 bn from an initial SAR 5 bn
Big banks edge higher + Nadec squeezed by feed, shipping costs
Loan books grew and investment income climbed, but funding costs kept bank earnings contained
Riyad Bank rolls out AT1 sukuk program
Plus: Jazan gets a SAR 600 mn agricultural project
Saudi lenders post solid first-quarter gains
Al Rajhi and SNB outpaced estimates
Riyad Bank fully redeems its SAR 3 bn sukuk, Safqah Capital raises USD 15.2 mn in equity
Safqah Capital will use the proceeds from its funding round to polish its platform and incorporate AI tools
Riyad Bank posts 11.7% increase in net income
The bank is also distributing SAR 1.6 bn in dividends for its 2H 2025 earnings
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