Saudi Arabian Al Rajhi Bank has acquired a 65% stake in Drahim, a financial management and automated investment platform licensed by the Saudi Central Bank (SAMA) and operating under the Capital ...

Al Rajhi Bank's net profit for the quarter was SAR 5.5 billion, an 8% increase QoQ and an impressive 32% YoY, surpassing MSe by 7% and consensus by 9%. The bank also reported robust loan growth ...

Al Rajhi Bank , the largest Islamic lender in the world, has raised $1 billion from sale of 5-year sustainable Islamic Bonds or 'sukuk', an arranging bank document showed on Tuesday.

The issue of succession at Al Rajhi Bank, in terms of both ownership and oversight, is becoming ever more pertinent. Sulaiman Al Rajhi’s brother, Saleh (the other main founding shareholder), passed ...

Al Rajhi Bank, one of the largest Islamic banks in the world, has selected Diebold's technology to migrate transactions from the traditional teller line to the self-service channel and transform ...

Al Rajhi Bank, Saudi Arabia's second-largest lender by assets, reported a 16% rise in its full-year net profit on Monday, beating analyst estimates as it registered higher operating income.