Al Rajhi Bank, Saudi Arabia's largest listed lender, said it would distribute dividends worth 2.25 billion riyals ($599.9 million) for the first six months of 2013.
This was equivalent to 1.5 riyals per share, according to a s
Some of the leading banks in Saudi Arabia have announced a decline in profits for the fourth quarter of last year.
Al-Rajhi Bank, the kingdom's largest lender by market value, said its net profit fell 9.6 percent in the fourth quarter,
Saudi Al Rajhi Investment Group, a leading diversified business group, has acquired a 70 per cent stake in the UAE-based Romeo Design.
Romeo Design was established in 1981 and is recognized as one of the leading design companies, both in m
STS, a leading IT services and enterprise solutions provider in the region, will cooperate with Al Rajhi Cement, a subsidiary of Al Rajhi Group, Saudi Arabia, to deploy Sun Microsystem’s infrastructure, hardware servers and storage to run en