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FSI to provide FM software to Al Rajhi BankFSI Middle East, a leading facilities management solutions software provider in the region, has been appointed to supply and deliver CAFM software to Al Rajhi Bank located in Saudi Arabia. The solution will include providing Conce More… |
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Al Rajhi proposes higher cash dividend for H1Saudi Arabia's Al Rajhi Bank, the second-largest lender in the kingdom by assets, said its board has proposed paying a cash dividend of 0.75 riyals ($0.20) per share for the first half of 2016. This is up from the 0.50 riyals More… |
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Apicorp seals $267m funding deal with Al-RajhiArab Petroleum Investments Corporation (Apicorp), a multilateral bank owned by Arab states, has sealed a Shari’ah-compliant facility worth SR1 billion ($267 million) with top Saudi lender Al Rajhi Bank. The five-year bilater More… |
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Al Rajhi to expand sukuk businessThe investment banking arm of Saudi Arabia's top listed lender, Al Rajhi Bank, plans to expand its sukuk business, its chief executive said, tapping into heavy demand for sharia-compliant products in the Gulf's largest economy. More… |
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Diebold delivers advanced ATMs to Al RajhiUS-based Diebold, a leader in providing innovative self-service technology, security systems and related services, said it has delivered advanced ATMs and custom kiosks to top Saudi lender Al Rajhi Bank. The customized kiosks offe More… |
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Al Rajhi posts $509m Q4 net profitAl Rajhi Bank, Saudi Arabia's largest listed lender, posted a small rise in fourth-quarter net profit on Wednesday, coming in slightly below the average forecast of analysts. The bank made SR1.91 billion ($509 million) in the More… |
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Al Rajhi Bank CEO resignsThe board of Saudi Arabia's Al Rajhi Bank accepted the resignation of its chief executive Abdullah al-Rajhi, replacing him with Suleiman Al-Zain, according to a statement on the bourse website on Sunday. The statement said the resig More… |
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Al Rajhi bank in Jordan ATM dealSnax, a leading chain of convenience stores operated by Al-Mashrabia Trading Company in Jordan, has inked a deal with leading Saudi bank Al Rajhi to install ATM machines at a number of its branches located across Amman. The initial ph More… |
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Al Rajhi bank in Jordan ATM dealSnax, a leading chain of convenience stores operated by Al-Mashrabia Trading Company in Jordan, has inked a deal with leading Saudi bank Al Rajhi to install ATM machines at a number of its branches located across Amman. The initial ph More… |
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Al Rajhi Bank opens 2 branches in JordanAl Rajhi Bank, Saudi Arabia's biggest Islamic bank, has opened two branches in Jordan and is planning to open more, it said on Tuesday, as part of its regional expansion plan. 'The Jordanian market is the third market in which the More… |
