Thursday 25 December 2014
 
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Albilad

Bank Albilad implements FIS payment hub

FIS, a leading provider of banking and payments technology, said Saudi Arabia’s Bank Albilad has deployed its payments hub to support the bank’s rapid expansion and diversification of customer services.  

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Saudi telco IPO draws good response

The initial public offer (IPO) of Saudi Integrated Telecom Company (SITC) received overwhelming reponse from investors, said AlBilad Investment Company, the financial advisor for the issue. The issue closes today (May 8). Rev

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SITC IPO receives good investor response

The initial public offer (IPO) of Saudi Integrated Telecom Company (SITC) which opened on Monday, has received an overwhelming response from investors, said AlBilad Investment Company, the financial advisor for the issue. The SITC is offer

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AlBilad, SITC ink IPO agreement

AlBilad Investment, an Islamic investment banking firm, signed an agreement with Saudi Integrated Telecom Company (SITC), according to which AlBilad will be the IPO manager and the main underwriter for SITC’s initial public offering. SITC

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Saudi Integrated Telecom in IPO deal

AlBilad Investment, an Islamic investment banking firm, signed an agreement with Saudi Integrated Telecom Company (SITC), according to which AlBilad will be the IPO manager and the main underwriter for SITC’s initial public offering. SITC

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Albilad bank Q2 profit surges 64pc

Saudi Arabia's Albilad bank said it posted a second-quarter net profit of 57 million riyals ($15.3 million), up 64.3 percent from the year-earlier period, on a rise in lending activity. Albilad's second-quarter profit topped a forecast by

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