FeaturedOil & GasSaudi non-oil business activity stumbles in May amid order slowdownIFM CorrespondentJune 11, 2024 by IFM CorrespondentJune 11, 2024 The non-oil economy was valued at 1.7 trillion Saudi Riyals at constant prices, driven by steady growth in exports, investment and consumer spending... Read more
EnergySaudi Electricity signs $2.4 bn financing agreement with 7 major banksPritam BordoloiSeptember 1, 2020September 1, 2020 by Pritam BordoloiSeptember 1, 2020September 1, 2020 The seven banks include the National Commercial Bank, Bank Albilad and Al-Rajhi Bank... Read more
BankingFeaturedRiyad Bank plans early redemption of $1.06 billion sukuk due in 2025International Finance Business DeskApril 28, 2020 by International Finance Business DeskApril 28, 2020 The bank has received regulatory approval for its sukuk redemption... Read more