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SNB reappoints Saeed Al Ghamdi as chairman + Saudi Industrial Investment Group has a new board
The board also reappointed the PIF’s Yazeed Al Humied as vice chairman
Is Neom planning its first-ever sukuk sale?
Bloomberg says the offering could raise up to SAR 5 bn
SNB kicks off sale of USD-denominated sustainable sukuk
The proceeds will be channeled for “general corporate purposes and to fulfill the bank’s financial and strategic objectives”
SNB hires advisors for its potential FCY Sukuk issuance
The issuance will be made available for subscription to eligible investors locally and internationally
United Maintenance and Contracting lands SAR 1.8 bn racetrack contract for Speed Park
The racetrack will host major events, including Formula 1 Grand Prix
Four of the Kingdom’s seven largest banks saw NPLs dip last year
Personal NPLs accounted for 37% of the total NPLs of seven banks
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