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In "BUSINESS"
August 13, 2024
Lucid opens studio and service center in Jeddah
August 07, 2024
Aramco acquires additional stake in Petro Rabigh
August 06, 2024
HP introduces Gaming Garage Lab at Saudi Electronic University to boost Saudi Arabia's gaming and esports industry
Saudi Awwal Bank (SAB) announced on Monday the Bank’s financial results for the period ending on June 30, 2024.In the first half of 2024, SAB demonstrated robust financial performance, with a net profit of SR4,061 million after Zakat and Income Tax, marking a 23% year-on-year increase. The bank's total operating income also grew year-on-year by 10%, reaching SR6,939 million. Lubna Olayan, Chair of SAB, commented: "I am delighted to report another period of strong financial performance for SAB. Our H1 2024 results demonstrate the success of our transformation strategy and our ability to deliver sustainable growth."She further added: “Our loan growth has been remarkable, outpacing the market with substantial increases in our corporate and retail sectors. Our corporate...
August 05, 2024
Saudi Awwal Bank records SR4.1 billion net profit after zakat and income tax for 1H24, marking a 23% increase from 1H23
August 04, 2024
World-class falcon auction on Monday in Riyadh: Top breeds from across the globe
August 04, 2024
Saudi National Bank reports SR10.3 billion net profit in first half of 2024
August 02, 2024
Darco Real Estate launches SR485 million project in Jeddah's waterfront
August 02, 2024
Intel axes 15,000 jobs as stock markets slide
July 31, 2024
Grand launch of OMODA&JAECOO in Riyadh: Ushering in a new era for personalized car brands in Saudi Arabia
July 30, 2024
Saudi Awwal Bank becomes first bank in Saudi Arabia to receive Local Content Certificate
