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Bahri's $1.04bn sukuk gets solid response from investors - Vimarsana News

Bahri's $1.04bn sukuk gets solid response from investors

Bahri, a global leader in logistics and transportation, has said its SR3.9 billion ($1.04 billion) Saudi Riyal-denominated seven-year senior unsecured sukuk has been oversubscribed by 1.95 times. This strategic transaction represents a key milestone for

Saudi banking sector Q1 net profit increases 22.83pc - Vimarsana News

Saudi banking sector Q1 net profit increases 22.83pc

Saudi Arabia’s banking sector returned a sturdy industry performance, highlighting a year-on-year (YoY) increase in net profit by 22.83% in Q1 2022.

Saudi Tadawul Group net falls YoY by 21.7pc to $37.48m - Vimarsana News

Saudi Tadawul Group net falls YoY by 21.7pc to $37.48m

Saudi Tadawul Group Holding Co, a leading diversified capital markets group in the Mena region, saw its net profit after zakat fall 21.7% YoY from SR179.6 million to SR140.6 million ($37.48 million) in the first quarter of 2022.

SABB launches digital academy to qualify national cadres - Vimarsana News

SABB launches digital academy to qualify national cadres

The Saudi British Bank (SABB) has announced the launch of SABB Digital Academy, which aims to increase human capital entry into the labour market.

Al-Dawaa Medical listed on Saudi Exchange's Main Market - Vimarsana News

Al-Dawaa Medical listed on Saudi Exchange's Main Market

Al-Dawaa Medical Services Company, one of the leading pharmaceutical retail companies in Saudi Arabia, has listed on the Saudi Exchange’s Main Market.