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Al Rajhi Bank, SNB beat expectations in 2025
SNB posted SAR 25 bn in net income last year, while Al Rajhi recorded SAR 24.8 bn
SEC + SNB close USD-denominated paper
PLUS: Riyad Bank prepares to redeem Tier 2 sukuk, while Nomu-listed Alqemam tees up a new SAR issuance
SEC, SNB line up USD debt early in the year to secure favorable pricing
The size and pricing of both offerings are yet to be determined
Dar Global awards main contract for Trump Tower Jeddah to ACC
The tower is scheduled for completion by December 2029
Arabian Drilling lands SAR 2 bn in rig renewals
This pushed Arabian Drilling’s backlog to a record SAR 12.2 bn
Biban Forum’s first day bags over SAR 22 bn in agreements
Biban Forum sets stage for over SAR 20 bn in SME financing commitments
Big banks report higher-than-expected net income for 3Q
Saudi National Bank posted its highest quarterly net income on record in 3Q 2025
Banks report healthy growth in 2Q -Alvarez & Marsal
The growth was driven by higher non-interest income and a more measured pace of lending and deposit expansion
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