Net income rose 14% year-over-year to SAR 13.8 billion, with strong fee income and digital progress. Loan growth guidance was trimmed to low single digits, and cost of risk guidance slightly increased. Dividend decision is pending, and a new strategy will be announced for 2027.Based on Al Rajhi Ban…
Net income rose 14% year-over-year to SAR 13.8 billion, with strong fee income and digital transformation progress. Loan growth guidance was trimmed to low single digits, and cost of risk guidance slightly increased, reflecting a prudent approach amid sector-specific risks.Based on Al Rajhi Bank [1…
By Ateeq ShariffMost stock markets in the Gulf closed higher on Monday as investors turned their focus to corporate earnings while also assessing U.S.-Iran developments.Saudi Arabia's benchmark index TADAWUL:TASI rose 0.1%, with Al Rajhi Bank TADAWUL:1120 gaining 0.2% and oil major Saudi Aramco TAD…
Major stock markets in the Gulf edged higher in early trade on Monday as investors turned their focus to corporate earnings while also assessing U.S.-Iran developments.There was no indication that the two sides had made progress toward a lasting peace during the indirect talks, which ended on Wedne…
By Ateeq ShariffMost stock markets in the Gulf ended lower on Sunday, as investor caution grew following a lack of progress in indirect peace talks between Iran and the United States, which concluded without a breakthrough.There was no sign the two sides had made headway towards a lasting peace in…
