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Al-Rajhi Bank

Al-Rajhi Bank latest

SABB, which is 40 percent owned by HSBC Holdings, and Alawwal said in April last year they had agreed to start talks on the merger. (Courtesy of SABB)
May 20th, 2018 - 08:15 GMT

Third Largest Bank in Saudi Arabia to Be Created With Alawwal and SABB Merger

Saudi British Bank (SABB) and Alawwal Bank have agreed to merge, in a move that would create the Kingdom’s third-biggest lender with assets of around $77 billion, the institutions announced on Wednesday.
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The sovereign action reflects the ongoing negative impact of lower oil prices on Saudi’s fiscal position 
and economic strength. (Argaam)
May 19th, 2016 - 05:00 GMT

Moody's downgrades nine Saudi banks

KSA's foreign assets reached a record high of SR2.66 trillion ($708.8 billion) (Shutterstock)
December 1st, 2013 - 08:13 GMT

KSA's foreign assets reach record high in 2013

Last year, criminals from India created a fake website that claimed to be associated with the IDB and tried to collect money online. The fraud was uncovered and customers were warned by Indian officials.
September 9th, 2013 - 10:00 GMT

Hajj season bringing sheep prices to unholy levels

The  Ministry of Labor's decision will inevitably result in expat working daughters living in the Kingdom going back to their home countries to seek employment.
September 2nd, 2013 - 02:10 GMT

Forced unemployment? Daughters of expats left with no employment option in Saudi Arabia

13 sectors showed a collection of 656.3 points for the day
July 31st, 2013 - 01:55 GMT

Saudi Banks & Financial Services in 1.81% surge

The index trimmed its year-to-date gains to 7.25 percent.
June 16th, 2013 - 10:42 GMT

Saudi Tadawul plunges by 4 percent

One Saudi Riyal
May 27th, 2013 - 12:05 GMT

'Top 100’ Saudi firms gain 35% to $83bln

Overall performance of sectoral indices remained negative as all closed in the red, except the Media and Publishing
April 11th, 2012 - 01:07 GMT

Uncertainty hanging over the Saudi stock market

Al-Rajhi Bank
January 19th, 2011 - 03:40 GMT

Al-Rajhi Bank posts small rise in operating income

Al Bawaba
November 17th, 2009 - 03:28 GMT

eSense Develops Stellar EPM Solution for Al Rajhi Bank

Al Bawaba
March 11th, 2009 - 10:14 GMT

ALFalak awarded Best HP Supplies Partner in KSA

September 1st, 2008 - 10:45 GMT

Banks dominate GB GCC top 150 rankings

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