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16 December 07:18 AM

Banking & Insurance

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11 August 2024 09:24 AM MedGulf posts SAR 60m profits in H1-24, lower accumulated losses
Riyadh – Mubasher: The Mediterranean and Gulf Insurance and Reinsurance Company (MedGulf) posted net profits after Zakat attributable to the owners valued at SAR 59.86 million in the first half (H1) of 2024. The recorded net profits were lower by …
Banking and Finance
Photo Archive
8 August 2024 11:39 AM Malath Insurance’s H1-24 insurance revenues down 11%; accumulated losses unveiled
Riyadh – Mubasher: Malath Cooperative Insurance Company (Malath Insurance) posted net profits after Zakat attributable to the owners valued at SAR 11.59 million in the first half (H1) of 2024. The recorded net profit shrank by 77.84% year-on-year …
Banking and Finance
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7 August 2024 02:20 PM Walaa Cooperative Insurance records higher profits in H1-24
Riyadh – Mubasher: Walaa Cooperative Insurance Company logged net profits after Zakat attributable to the owners valued at SAR 64.30 million in the first half (H1) of 2024, an annual rise of 2.14% from SAR 62.95 million. Earnings per share (EPS) …
Financial Results
Photo Archive
6 August 2024 03:56 PM ANB’s profits exceed SAR 2.4bn in H1-24
Riyadh – Mubasher: Arab National Bank (ANB) logged net profits valued at SAR 2.46 billion in the first half (H1) of 2024, up 20.05% year-on-year (YoY) from SAR 2.05 billion. Earnings per share (EPS) increased to SAR 1.23 in H1-24 from SAR 1.03 in …
Financial Results
Photo Archive
6 August 2024 03:29 PM Banque Saudi Fransi’s profits rise in H1-24; dividends proposed
Riyadh – Mubasher: Banque Saudi Fransi generated 6% higher net profits at SAR 2.27 billion in the first half (H1) of 2024, compared to SAR 2.15 billion in H1-23. Earnings per share (EPS) hit SAR 1.81 in H1-24, higher year-on-year (YoY) than SAR …
Board of Directors
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6 August 2024 02:41 PM SAB reports 22.5% increase in H1-24 profits
Riyadh – Mubasher: Saudi Awwal Bank (SAB) registered an annual growth of 22.54% in net profit to SAR 4.06 billion during the first half (H1) of 2024, compared to SAR 3.31 billion. Earnings per share (EPS) increased to SAR 1.90 in H1-24 from SAR …
Financial Results
Photo Archive
6 August 2024 01:40 PM Bank Aljazira’s H1-24 net profits up to SAR 618m
Riyadh – Mubasher: Bank Aljazira generated SAR 618 million in net profit during the first half (H1) of 2024, up 33.01% year-on-year (YoY) from SAR 464.60 million. Earnings per share (EPS) went up to SAR 0.51 in H1-24 from SAR 0.42 in H1-23, …
Banking and Finance
Photo Archive
6 August 2024 00:27 PM Alinma Bank achieves higher profits at SAR 2.7bn in H1-24; dividends unveiled
Riyadh – Mubasher: The net profits of Alinma Bank reached SAR 2.73 billion in the first half (H1) of 2024, up 24.43% year-on-year (YoY) from SAR 2.19 billion. Earnings per share (EPS) increased to SAR 1.06 in H1-24 from SAR 0.84 in H1-23, …
Financial Results
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6 August 2024 11:01 AM Bank Albilads profits leap to SAR 1.3bn in H1-24
Riyadh – Mubasher: The net profits of Bank Albilad hit SAR 1.31 billion in the first half (H1) of 2024, an annual rise of 14.67% from SAR 1.14 billion, according to the interim financials. Earnings per share (EPS) increased to SAR 1.06 in H1-24 …
Banking and Finance
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5 August 2024 02:26 PM Saudi Re’s profits cross SAR 75m in H1-24 initial financials
Riyadh – Mubasher: Saudi Reinsurance Company (Saudi Re) logged net profits after Zakat attributable to the shareholders worth SAR 75.27 million in the first half (H1) of 2024, an annual rise of 5.78% from SAR 71.16 million. Earnings per share …
Banking and Finance
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5 August 2024 02:08 PM SNB records growth in H1-24 net profits
Riyadh – Mubasher: The Saudi National Bank (SNB) posted 2.32% higher net profits at SAR 10.27 billion in the first half (H1) of 2024, compared to SAR 10.03 billion in H1-23, according to the interim financials. Earnings per share (EPS) went up to …
Financial Results
Photo Archive
5 August 2024 00:28 PM Tawuniya registers SAR 656.5m profits in H1-24
Riyadh – Mubasher: The Company for Cooperative Insurance (Tawuniya) generated net profits after Zakat attributable to the shareholders valued at SAR 656.50 million in the first half (H1) of 2024. The recorded net profits were 104.95% year-on-year …
Financial Results
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5 August 2024 11:14 AM Al Rajhi Bank logs SAR 9.1bn profits in H1-24; dividends approved
Riyadh – Mubasher: The net profits of Al Rajhi Bank climbed by 9.74% to SAR 9.10 billion in the first half (H1) of 2024 from SAR 8.29 billion in H1-23. Earnings per share (EPS) stood at SAR 2.16 in H1-24, higher year-on-year (YoY) than SAR 1.97, …
Cash Dividends
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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 …
Banking and Finance
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5 August 2024 08:40 AM Riyad Bank’s profits up 10% in H1-24; assets hit SAR 405bn
Riyadh – Mubasher: The net profits of Riyad Bank increased by 10.20% year-on-year (YoY) to SAR 4.41 billion in the first half (H1) of 2024 from SAR 4 billion. Earnings per share (EPS) amounted to SAR 1.42 as of 30 June 2024, versus SAR 1.28 in …
Banking and Finance