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Saudi s SRC and Alrajhi Bank sign landmark refinancing deal

Saudi PIF unit in $1 3bn real estate refinancing deal with Alrajhi

Saudi Real Estate Refinance Company (SRC), a unit of the kingdom s sovereign wealth fund PIF, has signed an agreement with Alrajhi, the world’s largest Islamic bank by mortgage assets, to refinance over SR5 billion ($1.3 billion) real estate financing por

Saudi PIF unit in $1 3bn real estate refinancing deal with Alrajhi

Saudi PIF unit in $1 3bn real estate refinancing deal with Alrajhi
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Alrajhi Bank appoints CEO Waleed Almogbel as board member and managing director

Alrajhi Bank has announced the approval of its board of directors for the appointment of Waleed Abdullah Almogbel as board member and managing director for the existing term of the board ending Nov. 13, in addition to his position as chief executive officer of the bank. Almogbel is currently the chief executive of Alrajhi Bank since the beginning of 2020 and has more than 24

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