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Representatives of two construction companies in Saudi Arabia announced recently that migrant workers uphill get their long overdue back wages, but gaps in the repayment scheme puts the payments at risk. ....
RIYADH: Alinma Bank saw its shares surge 2.2 percent on Sunday after announcing dividends of SR896 million ($239 million), representing SR0.45 per share, for the first half of 2022. The share price of the Saudi-listed bank reached SR32.7 as of 11:52 a.m. Riyadh time, amid trading of over 2 million shares. As many as 1.99 billion shares are eligible for dividend distribution on ....
RIYADH: Saudi Arabia’s Alinma Bank has reappointed Abdulmalik Abdullah Al-Hogail as board chairman for a three-year term starting May 21. It also named Saad Abdulaziz Al-Kroud as vice chairman of the board, according to a bourse filing. The bank had earlier reported a 28 percent surge in first-quarter profit to SR825 million ($220 million), propelled by a rise in operating ....