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Saturday, 21 November 2009 16:08 UAE time

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Al Rajhi Banking & Investment

Main Category: Investment and Merchant Bank
First Address : PO Box 28
City : Riyadh
Country : Saudi Arabia
Phone: 966 1 4640338
Fax: 966 1 4610128
Website: www.alrajhibank.com.sa


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Oil eases investors past Saudi’s regulatory risks

The Kingdom’s muddy investment rules are failing to deter foreign inflows.

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Petrochemicals lead Saudi gains

Four-week high for oil price on back of upbeat US economy, all-share index up 0.33%.

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Saudi's Al Rajhi eyes Asia for M&A deals

World's largest Islamic bank eyes opportunities to capitalise on the economic slump.

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Saudi bourse hits 3-month high

Petrochemical and banking shares lead way on better-than-expected earnings numbers.

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Gulf's largest lender posts 8% profit rise Q1, 2009

Better-than-expected profit rise for Al Rajhi Bank came from core activities.

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Arab takeover of international bank 'now possible'

Markaz sees regional banks eyeing move for global giants amid economic slowdown.

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Al Rajhi Bank to curb overseas expansion

CEO of Al Rajhi Bank confirms the Saudi lender is to restrict overseas growth to Malaysia and Kuwait.

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Saudi banks post lower Q4 profits

Higher provisions have led to three of Saudi Arabia's largest banks posting lower Q4 profits.

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Saudi bank rolls out advanced ATMs

World's largest Islamic bank by market capital teams up with Visa to offer new cash machines.

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Al-Rajhi rules out merger

CEO says there is 'no intention to merge', bank has not made any losses from foreign investments.

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Saudi shares rise on foreign investment change

UPDATE 1: Main index posts its biggest one-day rise since April 2007.

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Increased lending boosts Dubai Islamic profit

Bank sees Q1 profit rises 31% to $151.4mn, helped by lending to UAE's realty sector.

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Markets continue slump ahead of Fed cut

All Gulf states pegged to US dollar see markets drop on concerns US will slash rates.

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$5bn Saudi railway deal to be awarded in June

Four groups of Saudi and international firms are vying for 30-year contract.

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Saudi's Al Rajhi halts profit slide

Largest Gulf Arab lender brings year's decline in profit to an end in Q3 on higher income from investments.

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Ri$ky business

An introduction to the financing method which provides the cash for new capacities.

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Saudi inflation to rise to 2.8%

Consumer and investment demand is likely to continue putting upwards pressure on prices, report says.

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Amana Contracting and Steel Buildings awarded Al Rajhi Investments contract

Dubai-based Amana Contracting and Steel Buildings has been awarded a US $8.1 million (AED30 million) contract by Al Rajhi Investments to construct a multipurpose industrial facility in Ras Al Khaimah for the manufacturing of aluminum, steel and glass.

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Al-Rajhi eyes foreign expansion

Gulf's largest bank to boost Malaysia branch network, considers further expansion abroad.

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First Islamic payment switch opens

Al Rajhi Bank works with Malaysian institution to produce and manage Shariah-compliant payment cards.

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Candidates for consolidation

The region's banking sector is facing up to the biggest shake-up it has ever witnessed during its tender 50-year history.

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Saudi stars

Anil Bhoyrul looks at the 10 biggest names in the Kingdom when it comes to power, success and wealth.

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Eight compete for UAQ desal

Eight international companies have submitted bids to construct a US $1.36 billion (AED5 billion) desalination plant in Umm Al Quwain.

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Gulf market report - 9 April 2007

The DFM's winning streak was cut short today as the market closed at a loss.

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READER COMMENTS

  1. Somali pirates free UAE-owned cargo ship 02
    21 Nov ' 09 at 07:58
    In the old days pirate ships were blown out of the water as soon as spotted.Now they have to wait until they attack a ship and then...   More  »
  2. Where have all the optimists gone? 01
    20 Nov ' 09 at 16:54
    Dubai unfortunate is not more in fashion, the bubble was big , the growing went fast and the down turn even faster.Many of my clients...   More  »
  3. 38% construction execs work more than 50 hours 01
    21 Nov ' 09 at 07:21
    i personally dont agree with the comments of working odd hours in construction, as i do beleive......when you enjoy what you are...   More  »

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