Saudi Investment Bank (SAIB) News - Mubasher Info
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Saudi Investment Bank (1030)

Last update: 17 July 03:14 PM market time.
14.40
-0.22
-1.50%
Open 14.45
Previous Close 14.62
High 14.49
Low 14.37
Stock Statistics
Volume 282,800
Turnover 4,079,261.45
All data are 15 minutes late during market session

News

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21 May 09:38 AM Sinad Holding extends, raises facility deal with SAIB
Riyadh – Mubasher: Sinad Holding Company renewed and increased its Sharia-compliant banking facilities agreement with the Saudi Investment Bank (SAIB) at a value of SAR 400 million. Sinad Holding renewed its existing short-term facilities of SAR …
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24 April 06:26 PM SAIB’s profits exceed SAR 503m in Q1-25
Riyadh – Mubasher: The Saudi Investment Bank (SAIB) achieved net profits worth SAR 503.30 million in the first quarter (Q1) of 2025, an annual growth of 13.76% from SAR 442.40 million. The earnings per share (EPS) amounted to SAR 0.39 as of 31 …
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2 March 11:48 AM SAIB unveils 2 key appointments
Riyadh – Mubasher: The Saudi Investment Bank (SAIB) named Abdulatif Ali Al Seif as the board’s Chairman for the next three years. Mohammed Saleh Al Khalil was announced as the Vice Chairman, according to a bourse filing. The two officials assumed …
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12 February 07:22 PM SAIB to disburse 4% of capital as cash dividends for H2-24
Riyadh – Mubasher: The Saudi Investment Bank (SAIB) unveiled cash dividends valued at SAR 498.93 million, equivalent to 4% of its capital, for the second half (H2) of 2024. SAB will disburse a dividend after Zakat of SAR 0.40 per share for 1.24 …
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29 January 11:42 AM SAIB sees 11% higher net profits in 2024
Riyadh – Mubasher: The Saudi Investment Bank (SAIB) recorded an 11.07% year-on-year (YoY) hike in net profit to SAR 1.95 billion during 2024, compared to SAR 1.76 billion. Clients' deposits hit SAR 94.01 billion as of 31 December 2024, up 12.95% …
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10 September 2024 02:03 PM Ataa Educational renews SAR 510.5m loan from SAIB
Riyadh – Mubasher: Ataa Educational Company extended its Sharia-compliant facility deal with The Saudi Investment Bank (SAIB) at SAR 510.46 million on 9 September 2024. The facility agreement is secured by a promissory note with the value of the …
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26 August 2024 03:32 PM Three listed lenders participate in SEC’s $4bn funding
Riyadh – Mubasher: Saudi Electricity Company (SEC) obtained $4 billion (SAR 15 billion) in international syndicated revolving credit facilities on 25 August 2024, according to a bourse filing. A number of regional and international lenders …
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5 August 2024 10:28 AM SAIB’s net profits up to SAR 923m in H1-24
Riyadh – Mubasher: The Saudi Investment Bank (SAIB) registered an annual increase of 8.92% in net profit to SAR 928.80 million during the first half (H1) of 2024, compared to SAR 852.70 million. Earnings per share (EPS) increased to SAR 0.68 in …
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4 June 2024 01:56 PM TAQA completes financing of Juranah ISWR-1 project co-led by 4 lenders
Abu Dhabi – Mubasher: Abu Dhabi National Energy Company (TAQA), Vision International Investment Company (Vision Invest), and Gulf Investment Corporation (GIC) closed the financing arrangements for the Juranah Independent Strategic Water Reservoir …
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21 May 2024 09:39 AM Merit secures $12m funding round co-led by SAIB’s investment arm
Riyadh – Mubasher: Software as a service (SaaS) provider Merit raised $12 million in its pre-Series B funding round led by Alistithmar Capital i-Cap, the esteemed investment arm of the Saudi Investment Bank (SAIB). The fundraising transaction was …
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5 May 2024 08:01 PM SAIB achieves 8% annual growth in Q1-24 net profits
Riyadh – Mubasher: The Saudi Investment Bank (SAIB) recorded net profits of SAR 442.40 million during the first quarter (Q1) of 2024, which were 8.19% higher than SAR 408.90 million in Q1-23. On a quarterly basis, the Q1-24 profits were marginally …
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21 April 2024 04:39 PM Amlak International renews SAR 864.5m loan deal with SAIB
Riyadh – Mubasher: Amlak International Finance Company has renewed the SAR 864.50 million one-year credit facility agreement with the Saudi Investment Bank (SAIB). The Sharia-compliant loan will be used to facilitate the company's business and …
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25 March 2024 04:35 PM SAIB obtains CMA’s nod for SAR 2.5bn capital raise
Riyadh – Mubasher: The Capital Market Authority (CMA) approved the capital hike of the Saudi Investment Bank (SAIB) by granting one bonus share for every four owned shares. SAIB will transfer SAR 2.50 billion from the statutory reserve account to …
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18 February 2024 02:01 PM SAIB’s board proposes SAR 450m dividends for H2-2023, 25% capital hike
Riyadh – Mubasher: The Saudi Investment Bank (SAIB) announced that its board of directors recommended the distribution of interim cash dividends at a value of SAR 450 million for the second half (H2) of 2023. The proposed dividends amount to SAR …
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4 February 2024 01:04 PM SAIB’s net profits up to SAR 1.7bn in 2023
Riyadh – Mubasher: The Saudi Investment Bank (SAIB) achieved net profits valued at SAR 1.76 billion in 2023, marking an annual jump of 16.82% from SAR 1.50 billion. The clients’ deposits increased by 19.62% year-on-year (YoY) to SAR 83.23 billion …
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30 January 2024 00:29 PM MIS renews SAR 137m facility deal with SAIB
Riyadh – Mubasher: Al Moammar Information Systems Company (MIS) has extended its Sharia-compliant facility deal with the Saudi Investment Bank (SAIB) at a value of SAR 136.80 million. MIS signed the financing agreement on 29 January 2024 and it is …
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26 October 2023 01:34 PM SAIB posts 13.5% higher net profits in 9M-23
Riyadh – Mubasher: The Saudi Investment Bank (SAIB) registered a net profit worth SAR 1.31 billion in the first nine months (9M) of 2023, higher by 13.54% than SAR 1.15 billion in 9M-22. SAIB reported clients’ deposits standing at SAR 85.45 …
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30 July 2023 11:17 AM SAIB to pay SAR 400m dividends for H1-23
Riyadh – Mubasher: The Saudi Investment Bank (SAIB) announced the board’s decision to disburse cash dividends after zakat worth SAR 400 million for the first half (H1) of 2023, according to a bourse filing. The lender will grant SAR 0.40 per …
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27 July 2023 02:51 PM SAIB’s net profits near SAR 853m in H1-23
Riyadh – Mubasher: The Saudi Investment Bank (SAIB) generated SAR 852.70 million in net profit during the first half (H1) of 2023, an annual surge of 40.31% from SAR 607.70 million. The lender posted 22.54% higher clients’ deposits at SAR 82.66 …
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1 May 2023 10:24 AM SAIB’s profits hit SAR 409m in Q1-23 interim results
Riyadh – Mubasher: Saudi Investment Bank (SAIB) registered a 42.47% year-on-year (YoY) leap in net profit to SAR 408.90 million during the first quarter (Q1) of 2023, compared to SAR 287 million. The earnings per share (EPS) hit SAR 0.39 in Q1-23, …
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11 April 2023 00:14 PM SAIB's shareholders nod to H2-22 dividends
Riyadh – Mubasher: The shareholders of Saudi Investment Bank (SAIB) approved the board’s recommendation to disburse cash dividends worth SAR 450 million for the second half (H2) of 2022. SAIB will grant SAR 0.45 per share, equivalent to 4.50% of …
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21 February 2023 10:37 AM SAIB witnesses 42% higher profits in 2022 results
Riyadh – Mubasher: Saudi Investment Bank (SAIB) generated net profits worth SAR 1.50 billion in 2022, an annual hike of 42.03% from SAR 1.06 billion, according to the annual income statements. Earnings per share (EPS) stood at SAR 1.37 last year, …
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24 January 2023 02:07 PM SAIB announces redemption, raising value of Tier 1 Capital Sukuk
Riyadh – Mubasher: The Saudi Investment Bank (SAIB) plans to redeem the Additional Tier 1 Capital Sukuk that was announced on 21 March 2018 at a value of SAR 1 billion, according to a bourse disclosure. SAIB issued the 1,000 Sukuk notes through a …
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25 December 2022 10:17 AM SAIB’s board proposes SAR 450m dividends for H2-22
Riyadh – Mubasher: The board of Saudi Investment Bank (SAIB) recommended cash dividends after Zakat to shareholders worth SAR 450 million for the second half (H2) of 2022, according to a bourse filing. The lender would pay out SAR 0.45 per share, …
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13 November 2022 04:24 PM Alkhorayef Water announces SAR 86m purchase deal via SAIB’s facility
Riyadh – Mubasher: Alkhorayef Water and Power Technologies Company bought a new building in Riyadh from Inma Alasima for Real Estate Development Establishment at a value of SAR 86.25 million. Alkhorayef Water noted that the purchase deal will be …