Al Rajhi Bank, Saudi Arabia's largest Islamic lender, reported a significant increase in annual profits for 2024, with net income rising 18.6% to SAR19.7bn ($5.25bn), up from SAR 16.6bn in the ...

Al Rajhi Bank has partnered with Marriott Bonvoy to launch a co-branded credit card in Saudi Arabia, offering cardholders automatic Gold Elite status and access to over 10,000 properties worldwide ...

Gemalto, the world leader in digital security, announces that Al Rajhi Bank, the largest financial institution in Saudi Arabia, has completed the main phase of the Dexxis Instant Issuance ...

Al Rajhi Bank profit rises 19% to SAR 19.72B in 2024; Q4 at SAR 5.51B 12 M 2024 Al Rajhi Bank’s 9M 2024 profit up 14% to SAR 14.2B; Q3 at SAR 5.1B 9 M 2024 Al Rajhi Bank H1 2024 profit rise 10% to SAR ...

The bank was established in 1987 and has business activities that comprise banking and investment operations on its own account and/or on behalf of its customers in Saudi Arabia and abroad. Al Rajhi ...

The KSA debt collection market is on the path to sustained growth, supported by digital advancements, regulatory enhancements, and a focus on ethical collection practices. Market players who adapt to ...

Most banks in Saudi Arabia expect low double-digit to mid-teens growth ... and were 4% above consensus in the fourth quarter of 2024. Retail banks such as Al Rajhi Bank, Saudi National Bank, Bank ...

can Saudi Arabia achieve these goals within the next five years? GlobalData’s Competitor Benchmarking Analytics 2024 shows that incumbent Al Rajhi Bank held a clear lead in main banking ...

Minister Al-Rajhi met with His Excellency Gilbert Houngbo, Director-General of the International Labour Organization (ILO), to discuss enhanced cooperation between Saudi Arabia and the ILO.

The bank is currently 99% owned by Saudi shareholders, but the founding Al Rajhi family continues to hold a significant stake and remains the corporation’s primary equity holders. The Al Rajhi family ...