Capital Markets

Capital Markets

AL MAZRAA RENEWS ISLAMIC FACILITIES Saudi Marketing Company (Al Mazraa Markets) has renewed two Islamic financing facilities with two different banks. The first facility is a SAR100 million (US$26.64 million) Islamic banking facility with Al Rajhi...


Capital Markets

Capital Markets

SAUDI ARAMCO DENIES POSSIBLE IPO DELAY It has been reported that the long-awaited mega-IPO from Saudi Aramco could be delayed, although the government is still aiming for launch in the second half of 2018. The listing is expected to raise upwards...


Capital Markets

Capital Markets

FAWAZ SIGNS FINANCING DEAL WITH AL RAJHI BANK
Fawaz Abdulaziz Alhokair & Co has signed a Murabahah financing agreement amounting to SAR1.25 billion (US$333.16 million) with Al Rajhi Bank. The deal, which has a tenor of seven years, will be...