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Scientific and Medical Equipment House renews SAR 250 mn credit facility, Saudia is adding 10 new destinations to its network, SAL + Madinah partner on airport logistics
ALSO, Dar Global secures financing for Oman’s Aida
Riyad Bank’s earnings up 16% in 2024
The bank is distributing SAR 2.7 bn in dividends for 2H 2024
Riyad Bank wraps up SAR 2 bn AT1 sukuk offering
The offering’s 8k sukuk sold at a 6% annual return
Riyad Bank set to redeem its USD 1.5 bn sukuk
PLUS: The UAE’s Rotana Hotels wants to double down on smaller cities in Saudi
The Kingdom’s top ten listed banks turned in solid 3Q results
Cost of risk deteriorated on the back of an uptick in impairment charges
Saudi banks report record net income of SAR 20.5 bn in 3Q 2024
The increase was supported by greater investments and operating income
Riyad Bank’s net income up 27% y-o-y in 3Q 2024 at SAR 2.7 bn
Gains in operating income and lower expenses during the period boosted the bank’s bottomline
Al Baha gets board sign-off for Elegant Centers acquisition
PLUS: Saudi’s first school for athletically gifted students
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