Riyadh – Mubasher: The Saudi banking app industry is expected to grow at an average rate of 4.88% annually, reaching SAR 121.71 billion by 2030, according to a press release. This shows the increasing adoption of digital banking services across …
Riyadh – Mubasher: Saudi Awwal Bank (SAB) has completed the buyback of 5.74 million shares for the employee stock incentive program (ESIP) after receiving the extraordinary general meeting’s (EGM) approval on 21 April. The value of the purchased …
Riyadh – Mubasher: Bank Aljazira plans to fully redeem its $500 million Tier 1 sukuk at nominal value, representing 100% of the issue price, on 29 June, according to a bourse disclosure. In accordance with the Sukuk's terms and conditions, the …
Riyadh - Mubasher: Al Kuzama Trading Company has obtained a SAR 35 million Shariah-compliant credit facility from Al Rajhi Bank, according to a bourse filing. The deal aims to finance the acquisition of a 25% stake in Unique Food Catering Company …
Riyadh – Mubasher: The Saudi Investment Bank (SAIB) announced the ordinary general meeting’s (OGM) approval to disburse cash dividends amounting to SAR 374.50 million for the second half (H2) of 2025. The lender will pay out a dividend of SAR 0.30 …
Riyadh - Mubasher: Qimam Noshoz for realestate Development Company, a subsidiary of Banan Real Estate Company, inked a credit facility agreement worth SAR 84 million with Riyad Bank on 1 June 2026. The facility includes SAR 49 million loan for …
Riyadh - Mubasher: The Capital Market Authority (CMA) has approved the public offering of the Al Rajhi GCC Equity Income Fund, which will be managed and offered by Al Rajhi Capital, a subsidiary of Al Rajhi Bank. The approval allows the fund to be …
Riyadh – Mubasher: Armah Sports Company, a leading entity in the Saudi Arabian fitness and wellness sector, has obtained a Sharia-compliant Murabaha financing facility from the Saudi National Bank (SNB), according to a bourse disclosure. The …
Riyadh – Mubasher: Alinma Bank announced the completion of issuing USD-denominated Sustainable Additional Tier 1 Capital Certificates under its Additional Tier 1 Capital Certificate Issuance Program. The Saudi lender raised a total of $500 million …
Riyadh – Mubasher: Alinma Bank has announced the successful completion of its SAR-denominated Additional Tier 1 Capital Sukuk issuance, raising a total of SAR 3 billion through a private placement, according to a bourse disclosure. The offering …
Riyadh – Mubasher: Saudi AZM for Communication and Information Technology Company has obtained a Sharia-compliant credit facility from the Saudi Investment Bank (SAIB) at a total value of SAR 75 million, according to a bourse filing. The agreement …
Riyadh – Mubasher: The Capital Market Authority (CMA) of Saudi Arabia has issued its resolution approving the public offering of Al Rajhi Saudi Health Care Equity Fund, according to an official statement. Al Rajhi Capital, a subsidiary of Al …
Riyadh – Mubasher: Saudi Awwal Bank (SAB) inked a SAR 6.40 billion bilateral financing agreement with Al Bawani, in which the Public Investment Fund (PIF) holds a stake, according to a press release. The facility deal reflects the bank’s vital …
Riyadh - Mubasher: The ordinary general meeting (OGM) of Banque Saudi Fransi approved the payment of SAR 1.29 billion in cash dividends for the second half (H2) of 2025. The distribution will begin on Thursday, 11 June 2026, according to a bourse …
Riyadh – Mubasher: Alinma Bank commenced issuing its USD-denominated Additional Tier 1 (AT-1) capital sukuk through a special purpose vehicle (SPV) on 20 May 2026, according to a bourse statement. The minimum subscription stood at $200,000 and in …
Riyadh – Mubasher: The board members of Ladun Investment Company have agreed to sign a Sharia-compliant credit facilities agreement with Saudi Awwal Bank (SAB) for a total amount of SAR 154.76 million, according to a bourse filing. Ladun …
Riyadh – Mubasher: The Capital Market Authority (CMA) of Saudi Arabia has nodded for Al Rajhi Capital, a subsidiary of Al Rajhi Bank, to proceed with the public offering of the Al Rajhi GCC Equity Fund (Excluding KSA), according to an official …
Riyadh – Mubasher: Alinma Bank plans to issue USD-denominated Additional Tier 1 (AT-1) capital sukuk under the Additional Tier 1 Capital Certificate Issuance program. The issuance is expected to be carried out through a special purpose vehicle …
Riyadh – Mubasher: SAB Invest, the investment arm of Saudi Awwal Bank (SAB), was announced as the first ETF market maker in the Kingdom, marking a new milestone in the Saudi capital market, according to a press release. The CEO of SAB Invest, Ali …
Riyadh – Mubasher: The Saudi listed companies recorded a 21.9% annual growth in earnings during the first quarter (Q1) of 2026 when compared to Q1-25, on the back of higher net profit in the energy sector. Earnings of the entities listed on the …
Riyadh – Mubasher: Riyad Bank and Mastercard jointly launched an innovative Travel and Expense (T&E) Corporate Card program, marking the Saudi lender’s first corporate card offering in the Kingdom. The launch builds on the two entities’ ongoing …
Riyadh - Mubasher: Almujtama Alraida Medical Company reached an agreement with Alinma Bank to amend the uses of its credit facilities, according to a bourse disclosure. The company will utilize SAR 45 million to purchase goods, cancelling the part …
Riyadh – Mubasher: Saleh Abdulaziz Al Rashed & Sons Company has announced the formalization of a Sharia-compliant bank facilities agreement with Alinma Bank, according to a bourse disclosure. The funding is valued at SAR 50 million and is …
Riyadh - Mubasher: Amlak International Finance Company renewed its Sharia-compliant facility agreement with Saudi Investment Bank (SAIB) at a value of SAR 1.06 billion on 14 May 2026. The loan is secured by an assignment of receivables as well as …
Riyadh - Mubasher: Bank Albilad announced Abdulaziz Mohammed Al Onaizan as the board’s Chairman effective 1 June 2026 and until the end of the current term on 16 April 2028. This appointment follows Nasser Mohammed Al Subaie stepping down from his …
