Economy



SR1.52 billion Q1 profit for Al-Rajhi Bank

JEDDAH: Al Rajhi Bank posted a 11 percent drop in its first-quarter net profit, it said on Monday.



Samba Q1 earnings rise 3.1%

JEDDAH: Samba Financial Group, Saudi Arabia’s third-largest bank by assets, posted a 3.1 percent rise in its first-quarter net profit, according to a bourse statement.








Jawad Business Group raises $235m loan

DUBAI: Bahrain’s Jawad Business Group, the franchise operator of clothing brand Mango and restaurant chains Papa Johns and Burger King in the Gulf, has raised a $235 million loan to refinance existing




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