MALAYSIA: Al Rajhi Bank Malaysia has appointed John Roger Winfield as its new chairman of the board, along with Zulkiflee Hashim as an independent non-executive director and Abdulrahman A Al Fadda as a non-independent executive director, a statement said
SAUDI ARABIA: Al Rajhi Bank has seen a 42.76% increase in its net profit before Zakat and tax for the period ended the 30th September 2021 at SAR4.23 billion (US$1.13 billion), compared with SAR2.96 billion (US$788.23 million) recorded in the same period
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MALAYSIA: Al Rajhi Bank Malaysia has appointed Hossam Essam Al Basrawi, the current general manager of corporate banking of Al Rajhi Bank Saudi Arabia, as the new non-independent executive director of the bank, a press release confirmed. Veteran banker H
SAUDI ARABIA: Al Rajhi Capital has announced in a bourse filing that Al Rajhi REIT Fund has secured a Shariah compliant financing facility valued at SAR145.4 million (US$38.75 million) from Al Rajhi Bank. The financing facility has a tenor of five years and will be used by the REIT to ...
SAUDI ARABIA: Al Rajhi Bank, Mizuho Bank and Japan Bank for International Cooperation will jointly provide about US$157 million to South Rabigh Renewable Energy Company for the Rabigh solar plant, according to a statement. Restricted access Login to continue reading (existing subscriber) Username ...
SAUDI ARABIA: Al Rajhi Bank has signed a one-year bancaTakaful agreement with Al Rajhi Takaful. According to a bourse filing, the value of the contract cannot be determined as the value of the written premiums arising from the deal is linked to the Islam
SAUDI ARABIA: The Capital Market Authority of Saudi Arabia (CMA) has approved the public offering of the Al Rajhi Saudi Freestyle Equity Fund by Al Rajhi Capital, a statement confirmed. Restricted access Login to continue reading (existing subscriber) Username or Email Address Password ...
SAUDI ARABIA: Dr Sulaiman Al Habib Medical Group (HMG) has signed a Shariah compliant banking facilities agreement with alrajhi bank on the 29th September 2024 worth SAR1.3 billion (US$346.33 million). The facility carries a tenor of 13 years and will fi
SAUDI ARABIA: Al Rajhi Banking and Investment Corporation’s ‘A-’ long-term issuer default rating has been affirmed by Fitch with a stable outlook. Fitch also affirmed the bank’s viability rating at ‘a-’ while withdrawing the bank’s support rating and support rating floor as they are ...