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 ...

Mr. Waleed Al Mogbel, DCEO, Al Rajhi Bank, commented: “We are delighted to appoint Temenos as our strategic technology partner for our digital transformation.