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Profit of Saudi-listed banks fall marginally to $4 7bln in Q2 2023

Profit of Saudi-listed banks fall marginally to $4 7bln in Q2 2023
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United kingdomSaudi arabiaAr riyaSeban scariaAlvarez marsalSaudi investment bankAlinma bankSaudi british bankSaudi national bankRiyad bankBank aljaziraAl rajhi bankArab national bankBank albiladBanking pulseBanque saudi fransi

KSA s top ten banks see slight decline in Q2 net profit: A&M

Growth in net profit at the top 10 Saudi banks slowed to 0.3% quarter-on-quarter (QoQ) in Q2’23 despite a significant drop in impairment charges, said leading global professional services firm Alvarez & Marsal (A&M).

United kingdomAr riyaSaudi arabiaSaudi arabianAsad ahmedAlvarez marsalAl rajhi bankBank aljaziraSaudi investment bankSaudi central bankBank albiladArab national bankRiyad bankTradearabia news serviceSaudi british bankAlinma bank

Consortium of ACWA Power, PIF Subsidiary Badeel , and Aramco subsidiary SAPCO reach financial close for Al Shuaibah 1 and Al Shuaibah 2 solar PV projects – pv magazine International

Consortium of ACWA Power, PIF Subsidiary Badeel , and Aramco subsidiary SAPCO reach financial close for Al Shuaibah 1 and Al Shuaibah 2 solar PV projects – pv magazine International
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Standard chartered bankUnited arab emiratesAbu dhabiAbuz abyAr riyaSaudi arabiaAl kahfahSaudi arabia generalMohammed al qahtaniAl shuaibahMohammad alsallomGw al kahfahMarco arcelliHusam al ghailaniBank saudi fransiNational infrastructure fund under establishment

ACWA Power reaches financial close on Saudi solar farms

ACWA Power reaches financial close on Saudi solar farms
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Saudi arabiaStandard chartered bankUnited arab emiratesAr riyaAbu dhabiAbuz abyMarco arcelliAl shuaibahSaudi investment bankRiyad bankNational infrastructure fund under establishmentNational renewable energy programSaudi national bankFirst abu dhabi bankPublic investment fundNational development fund

ACWA Power, Badeel, SAPCO Reach Financial Close for Two Al Shuaibah Solar PV Projects

ACWA Power, a Saudi-listed company and a leader in the energy transition, the Water and Electricity Holding Company (Badeel), wholly owned by Public Investment Fund (PIF), and Saudi Aramco Power Company (SAPCO), a wholly owned subsidiary of Aramco, announced the successful financial close of Al Shuaibah 1 and Al Shuaibah 2 solar PV projects, which will generate an aggregate capacity over 2.6GW of clean electricity for Saudi Arabia.

Saudi arabiaAr riyaStandard chartered bankUnited arab emiratesAl kahfahSaudi arabia generalAbu dhabiAbuz abyMohammed al qahtaniMohammad alsallomMarco arcelliHusam al ghailaniGw al kahfahAl shuaibahBank saudi fransiSaudi national bank