Al Rajhi Bank - Global Business Magazine

Market Capitalisation of Saudi Arabia’s Tadawul Cross $3 Trillion Mark

Global Business Magazine March 21, 2024

Amidst regional tensions and uncertain global economic conditions, the total market capitalisation of Saudi Arabia’s main market Tadawul grew by 13.98% and Read More

Banking Featured News Regional

Saudi’s Top 10 Banks Performed Robust and Positively in 2023

Global Business Magazine March 19, 2024

The performance of top 10 listed banks in Saudi Arabia remained largely robust and positive as the operating income grew by 9.5% reflecting the Read More

Finance Featured News Regional

Retail Investors Flock to subscribe to Modern Mills Company IPO

Global Business Magazine March 13, 2024

The Initial Public Offering of Saudi-based Modern Mills Company (MMC) saw strong demand from retail investors with a 22x oversubscription rate, the Read More

Finance Featured News Regional

Saudi First Milling Co’s IPO Attracts $18 Billion in Order

Global Business Magazine May 31, 2023

Saudi Arabia’s market-leading First Milling Company, which announced the offer price range of its Initial Public Offering (IPO) on 18 May 2023, along Read More

Finance Featured News Regional

Saudi Tadawul to launch single stock future contracts on July

Global Business Magazine June 28, 2022

In order to give further fillip to its market liquidity, Saudi Arabia Stock Exchange Tadawul on Sunday announced its plans to launch Read More

Banking Featured News Regional

Profitability of top 10 Saudi banks surge in Q1 of

Global Business Magazine June 8, 2022

The overall profitability of the 10 largest banks in Saudi Arabia increased by 17.6% on a quarterly basis in the first quarter of 2022, according Read More