Al Rajhi Bank's profit tops forecasts

Al Rajhi Bank's profit tops forecasts

23 August 2008

Al Rajhi Bank, the largest Gulf Arab bank by market value, last week posted second quarter profit near the top end of analysts' forecasts on higher income from its core activities.
3344 millions Saudi Riyals: the profits of the Bank in the first half

3344 millions Saudi Riyals: the profits of the Bank in the first half

19 August 2008

Mr. Abdullah Bin Sulaiman AL Rajhi, the CEO of the AL Rajhi Bank, announced that the Bank has made net profits in the first half of the current year which mounted to 3344 millions Saudi Riyals compared to 3180 million Saudi Riyals
Al Rajhi Bank announced distribution of 1875 million riyals for the

Al Rajhi Bank announced distribution of 1875 million riyals for the

19 August 2008

Mr. Abdullah Suleiman Al Rajhi, CEO of Al Rajhi Bank announced that the bank's board of directors had decided to distribute $1875 million riyals profits to shareholders for the first half of this year at 1.25 riyals per share
Al Rajhi Bank Achieves Net Earnings of SR 1,602m in the first quarter

Al Rajhi Bank Achieves Net Earnings of SR 1,602m in the first quarter

19 August 2008

Mr. Abdullah Sulaiman Al Rajhi, CEO of Al Rajhi Bank, has announced that the bank achieved net earnings of SR 1,602 Million in Q12008 compared to SR 1,569 Million for the same period last year, representing growth of 2.1%.
Al-Rajhi bank participates in Zain shares initial public offer (IPO)

Al-Rajhi bank participates in Zain shares initial public offer (IPO)

19 August 2008

19/2008 Al-Rajhi bank participates in Zain initial public offer (IPO). Zain in intending to offer 700 million shares at a par price of SR(10) per one share .
Fourth quarter profits rose by 9.3%

Fourth quarter profits rose by 9.3%

19 August 2008

Mr Abdullah Sulaiman Al Rajhi, CEO of Al Rajhi Bank, declared that the bank had made net profits last year in 2007
Abdullah Al Rajhi wins the 2007 Islamic Banker Prize

Abdullah Al Rajhi wins the 2007 Islamic Banker Prize

19 August 2008

Abdullah Sulaiman Al Rajhi , Al Rajhi bank Chief Executive Officer , won the Islamic Banker Prize for 2007 during an international banking prizes distribution ceremony.
Red Sea Gateway Terminal Company Limited and Al Rajhi Bank sign a SR

Red Sea Gateway Terminal Company Limited and Al Rajhi Bank sign a SR

19 August 2008

Red Sea Gateway Terminal Company Limited (RSGT) signed the Islamic Financing Agreements for providing Islamic Financing of
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