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 ...

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 ...