Tuesday 25 April 2017
 
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Al Rajhi

Almarai Q1: Tepid revenue growth continues

Almarai’s year-on-year (y-o-y) revenue growth, which slowed considerably in the last two quarters to approximately 1.0 - 2.5 per cent, slowed further to just 0.3 per cent y-o-y in Q1 2017, a report said. The fall is due to s

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Almarai Q1: Tepid revenue growth continues

Almarai’s year-on-year (y-o-y) revenue growth, which slowed considerably in the last two quarters to approximately 1.0 - 2.5 per cent, slowed further to just 0.3 per cent y-o-y in Q1 2017, a report said. The fall is due to s

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Saudi liquidity continues to improve

The overall liquidity situation in Saudi Arabia, which started easing following the Government’s successful foray into international bond market, improved further during October, a report said. The improvement was seen in a

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Crystal-gazing consumer spending in Saudi Arabia

Consumer patterns in Saudi Arabia suggest that households could it tough to cut spending with the ongoing austerity measures and move to lower priced items, while retailers may resort to discounting to protect market share, a report said.

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Liquidity easing in Saudi financial markets

Liquidity in Saudi Arabian financial markets is improving owing to government initiatives such as the successful foray into international bond market, a report said. Meanwhile, the Saudi Arabia Interbank Offered Rate (Saibor) has

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Al Rajhi Bank Q1 net profit rises 33pc

Al Rajhi Bank, Saudi Arabia's second-largest lender by assets, reported a 32.8 percent rise in first-quarter net profit on Sunday, beating analyst forecasts as it cut wage costs and fee income increased. The bank made a profit

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Al Rajhi Bank Q4 net profit rises 28.2pc

Al Rajhi Bank, Saudi Arabia's second-largest lender by assets, reported a 28.2 percent rise in its fourth-quarter net profit on Thursday, beating analyst forecasts. The bank made SR1.95 billion ($519.6 million) in the three mo

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JLL advises Al Rajhi Capital & Arcapita on fund exit

Leading real estate investment and advisory firm JLL advised Al Rajhi Capital and Arcapita, leading real estate asset managers in the region, on the sale of a portfolio of logistics and retail assets in Saudi Arabia and the UAE. &

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JLL advises Al Rajhi Capital & Arcapita on fund exit

Leading real estate investment and advisory firm JLL advised Al Rajhi Capital and Arcapita, leading real estate asset managers in the region, on the sale of a portfolio of logistics and retail assets in Saudi Arabia and the UAE. &

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Arcapita, Al Rajhi quit $360m real estate fund

Arcapita, the Bahrain-based investment management firm, has sold real estate assets it jointly held with Saudi Arabia's Al Rajhi Capital for SR1.35 billion ($359.81 million), the two companies said in a joint statement on Monday.

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