Al Rajhi Bank (ALRAJHI) News - Mubasher Info
Mubasher TV
Contact Us Advertising   العربية

Al Rajhi Bank (1120)

Last update: 22 July 03:19 PM market time.
84.30
14.40
20.60%
Open 84.60
Previous Close 69.90
High 85.00
Low 84.30
Stock Statistics
Volume 2,334,973
Turnover 197,427,278.30
All data are 15 minutes late during market session

News

Photo Archive
16 July 02:39 PM SAIC extends funding deal with Al Rajhi Bank’s asset management arm
Riyadh- Mubasher: Saudi Advanced Industries Company (SAIC) has renewed a Sharia-compliant credit facility agreement with Al Rajhi Capital, the asset management arm of the listed Al Rajhi Bank. SAIC obtained the SAR 100 million funding on 11 July …
Photo Gallery
16 July 02:35 PM Lana Medical buys 50% of 2 Belarusian companies, obtains bank facilities
Riyadh – Mubasher: Lana Medical Company has acquired 50% of Solar Laser Systems Company and Solar Maccom Company in Belarus for SAR 6 million. The deal aims to transfer industry and technologies to Saudi Arabia in line with Vision 2030, according …
Photo Gallery
15 July 11:09 AM ADES Holding secures $3bn dual-currency debt facility from local, regional listed entities
Riyadh – Mubasher: Oil and gas drilling services provider ADES Holding Company has amended its existing syndicated facility, obtaining an additional $3 billion multi-tranche dual-currency financing on 14 July 2024. The majority of existing lenders …
Photo Archive
14 May 11:58 AM Zain KSA pens SAR 1.6bn facilities with Al Rajhi Bank
Riyadh – Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) has signed SAR 1.62 billion banking facilities with Al Rajhi Bank The funding aims to enhance the company’s network infrastructure and cash flow to help improve its …
Photo Archive
13 May 01:13 PM Sipchem’s affiliate firm secures SAR 1.5bn loan from 2 banks
Riyadh – Mubasher: An affiliate company to Sahara International Petrochemical Company (Sipchem) has signed agreements to secure SAR 1.52 billion in financing from Banque Saudi Fransi and Al Rajhi Bank. With an eight-year maturity, the new loan …
Photo Archive
12 May 11:58 AM Al Rajhi Bank concludes $1bn USD-denominated sukuk
Riyadh – Mubasher: Al Rajhi Bank has completed the issuance of $1 billion USD-denominated additional tier 1 capital sustainable sukuk. A total of 5,000 sukuk were sold for $200,000 per each, according to a bourse filing. The sukuk have no fixed …
Photo Archive
8 May 01:02 PM Al Rajhi Bank to issue USD sukuk to Saudi, int’l investors
Riyadh – Mubasher: Al Rajhi Bank has announced plans to issue USD-denominated additional tier 1 capital sustainable sukuk under its international sukuk programme. The offering is expected to be conducted through a special purpose vehicle to Saudi …
Photo Archive
29 April 02:09 PM Al Rajhi Bank unveils 6% higher profits in Q1-24, facility deal with MESC
Riyadh – Mubasher: Al Rajhi Bank registered SAR 4.40 billion in net profit during the first quarter (Q1) of 2024, higher by 6.27% than SAR 4.14 billion in Q1-23. The clients’ deposits stood at SAR 603.97 billion as of 31 March 2024, an annual rise …
Photo Gallery
16 April 02:31 PM Ladun Investment’s board nods for SAR 573m loan from Al Rajhi Bank
Riyadh – Mubasher: Ladun Investment Company’s board approved signing a SAR 573 million credit facility agreement with Al Rajhi Bank. The loan will be used to finance the company and its subsidiary Built Industrial, according to a bourse filing. …
Photo Gallery
6 March 03:41 PM Al Rajhi Bank issues $1bn sustainable sukuk
Riyadh – Mubasher: Al Rajhi Bank has concluded the issuance of $1 billion USD-denominated Shari’ah-compliant sustainable Sukuk. A total of 5,000 sukuk were sold for $200,000 per each, according to a bourse filing. The sukuk have a maturity of five …
Photo Archive
4 March 01:30 PM Al Rajhi Bank to issue USD-denominated sukuk
Riyadh – Mubasher: Al Rajhi Bank has announced plans to issue USD-denominated sukuk under its international sukuk programme. The offering is expected to be conducted through a special purpose vehicle to local and international investors, according …
Photo Archive
25 February 11:08 AM Al Rajhi Bank’s board eyes SAR 4.6bn dividends for H2-23
Riyadh – Mubasher: Al Rajhi Bank announced the board’s proposal to pay SAR 4.60 billion as cash dividends after Zakat for the second half (H2) of 2023, according to a bourse filing. The lender will disburse a dividend of SAR 1.15 per share, …
Photo Archive
15 February 05:20 PM Modern Mills announces price range, book-building period for IPO
Riyadh – Mubasher: Modern Mills Company (MMC) has unveiled that the price range for its initial public offering (IPO) on the Saudi Exchange (Tadawul) is set between SAR 44 and SAR 48 per share. The Saudi-based milling and nutrition company also …
Photo Archive
4 February 10:28 AM Saudi Tadawul Group secures SAR 500m loan from Al Rajhi Bank
Riyadh – Mubasher: Saudi Tadawul Group Holding Company has obtained Islamic Sharia-compliant banking facilities from Al Rajhi Bank at an amount of SAR 500 million. The group secured the loan, on 1 February 2024, to finance its mergers and …
Photo Archive
31 January 10:21 AM Al Rajhi Bank generates SAR 16.6bn profits in 2023
Riyadh – Mubasher: Al Rajhi Bank achieved net profits valued at SAR 16.62 billion in 2023, an annual decline of 3.09% from SAR 17.15 billion. The clients’ deposits rose by 1.45% year-on-year (YoY) to SAR 573.10 billion as of 31 December 2023 from …
Photo Archive
28 January 04:55 PM Jabal Omar obtains SAR 1.9bn loan from Al Rajhi Bank
Riyadh – Mubasher: Jabal Omar Development Company inked a SAR 1.90 billion facility deal with Al Rajhi Bank on 25 January 2024, according to a recent bourse disclosure. The financing was guaranteed by security over certain real estate assets …
Photo Gallery
10 January 05:35 PM PIF’s SRC enlarges refinancing with Al Rajhi Bank to SAR 10.8bn
Riyadh - Mubasher: The Saudi Real Estate Refinance Company (SRC), a fully owned subsidiary of the Public Investment Fund (PIF), extended its refinancing agreement with Al Rajhi Bank with an additional SAR 5.80 billion. The deal brings the total …
Photo Archive
28 November 2023 04:19 PM Al Rajhi Bank announces 2 key appointments
Riyadh – Mubasher: Al Rajhi Bank has appointed Abdullah bin Sulaiman Al Rajhi as the Chairman of the board for the next three years. The lender also named Ibrahim bin Mohammed Al Romaih as the Vice Chairman, according to a bourse disclosure. The …
Photo Archive
2 November 2023 00:57 PM Waja secures SAR 9m Sharia-compliant facility from Al Rajhi Bank
Riyadh – Mubasher: Waja Company, a multi-sector Saudi Joint-stock company, signed a banking facility that is compliant with the Islamic Sharia to obtain funding from Al Rajhi Bank.  The financing amount is SAR 9 million with a duration period of …
Photo Archive
23 October 2023 10:31 AM Al Rajhi Bank’s net profits hit SAR 12.45bn in 9M-23
Riyadh – Mubasher: Al Rajhi Bank posted a 2.31% drop in net profit to SAR 12.45 billion during the first nine months (9M) of 2023, compared to SAR 12.74 billion in the year-ago period. The lender reported clients’ deposits standing at SAR 565.71 …
Photo Archive
16 October 2023 11:43 AM Al Arabia obtains loans from 3 Saudi lenders
Riyadh – Mubasher: Arabian Contracting Services Company (Al Arabia) has secured a long-term Murabaha facilities agreement at a combined value of SAR 1.05 million, according to a bourse filing. Al Arabia obtained SAR 350 million from Banque Saudi …
Photo Archive
2 October 2023 01:29 PM 2P Perfect Presentation obtains SAR 150m loan from Al Rajhi bank
Riyadh – Mubasher: Perfect Presentation for Commercial Services (2P Perfect Presentation) extended a Sharia-compliant facility deal with Al Rajhi Bank at a value of SAR 150 million. The Saudi company will use the proceeds to finance new project …
Photo Archive
19 September 2023 09:04 AM Knowledge Economic City, Halwani Bros secure credit facility from Al Rajhi Bank
Riyadh – Mubasher: Knowledge Economic City and Halwani Bros Company secured loans at a combined value of SAR 353 million from Al Rajhi Bank on 17 September 2023, according to bourse disclosures. Knowledge Economic City will use the investment to …
Photo Archive
12 September 2023 00:19 PM Elm secures SAR 500m loan from Al Rajhi Bank
Riyadh – Mubasher: Elm company signed a Sharia-compliant facility agreement valued at SAR 500 million with Al Rajhi Bank on 11 September 2023. The facility deal is secured by a promissory note with the amount of the total loan limit, according to …
Photo Archive
24 July 2023 11:49 AM Al Rajhi Bank announces SAR 8.29bn profits in H1-23, dividends
Riyadh – Mubasher: The net profits of Al Rajhi Bank stood at SAR 8.29 billion in the first half (H1) of 2023, marking a 1.16% year-on-year (YoY) decline from SAR 8.39 billion. Earnings per share (EPS) hit SAR 1.97 during the January-June 2023 …