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Saudi lenders’ 2Q earnings growth spans flat to 14%
Growth drivers varied from core lending to investment income to provisioning
SAB doubles down on gigaproject lending with SAR 6.4 bn AlBawani financing
Saudi Awwal Bank (SAB) signed a SAR 6.4 bn bilateral financing agreement with PIF-backed Albawani, according to a press release.…
Earnings season reaches its peak
The banking sector continues to deliver positive results
Almoosa Health lines up Saudi Awwal Bank facility to fund Specialist Hospital
The 10-year facility will finance one of the Eastern Province’s largest private healthcare projects
Construction tech firm BRKZ bags up to USD 30 mn in growth debt from Stride Ventures
PLUS: Stride Venture partnered with SAB Invest, aiming to invest USD 500 mn in the region’s startups and SMEs
Specialized Medical Company bags in credit facilities from Sab
Some SAR 800 mn of the funding will be used to finance SMC’s new hospital in Riyadh SMC 4
Saudi banks on track to record high earnings in 3Q 2025
Al Rajhi Bank’s earnings are expected to rise 12.9% y-o-y
Solutions secures SAR 500 mn facility from SAB
PLUS: Modon to establish an AI hub in industrial cities
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