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Al Rajhi Capital

Saudi inflation remains steady at 1.5pc in July: Al Rajhi

Saudi Arabia’s inflation rate held steady 1.5% in July, according to recent data from the General Authority for Statistics (GASTAT).    The consumer price index (CPI) increase was primarily driven by a

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Saudi inflation remains steady at 1.5pc in July: Al Rajhi

Saudi Arabia’s inflation rate held steady 1.5% in July, according to recent data from the General Authority for Statistics (GASTAT).    The consumer price index (CPI) increase was primarily driven by a

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Riyadh Cables' net profit for 2023 soars to $138m

Riyadh Cables Group (RCG), a leading manufacturer of wires and cables in Saudi Arabia, has displayed tremendous profitability growth in FY2023, increasing the bottom-line by 47% to hit SAR518 million ($138 million), according to Al Rajhi Capit

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Riyadh Cables' net profit for 2023 soars to $138m

Riyadh Cables Group (RCG), a leading manufacturer of wires and cables in Saudi Arabia, has displayed tremendous profitability growth in FY2023, increasing the bottom-line by 47% to hit SAR518 million ($138 million), according to Al Rajhi Capit

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Saudi inflation eases slightly to 1.6pc in October

Saudi Arabia experienced a decrease in inflation to 1.6% compared to the preceding month, as per the latest data from the General Authority for Statistics (GASTAT).    The rise in the consumer price index (C

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Saudi inflation eases slightly to 1.6pc in October

Saudi Arabia experienced a decrease in inflation to 1.6% compared to the preceding month, as per the latest data from the General Authority for Statistics (GASTAT).    The rise in the consumer price index (C

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Savola Group posts $67.6m net loss in Q4, below estimates

Saudi food conglomerate Savola Group registered a net loss of SR254 million ($67.6 million) for the fourth quarter of 2021 compared to a net profit of SR45 million.   These earnings came below the SR135 million e

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Yamamah Steel revenue down 31pc in Q4

Al Yamamah Steel Industries  has reported revenues of SR326 million ($86.8 million) during the fourth quarter (Q4) of 2021, marking a year-on-year (y-o-y) decline of 31.3%, said a report. Al Rajhi Capital, a leading financial

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Yamamah Steel revenue down 31pc in Q4

Al Yamamah Steel Industries  has reported revenues of SR326 million ($86.8 million) during the fourth quarter (Q4) of 2021, marking a year-on-year (y-o-y) decline of 31.3%, said a report. Al Rajhi Capital, a leading financial

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Yanbu Cement Q3 revenue down 13.6% to $55.4m

Yanbu Cement (YCC) registered revenue of SR208 million ($55.4 million) during the third quarter of 2021, a y-o-y fall of 13.6% and was in line with an estimate of SR203 million, said Al Rajhi Capital, a leading financial services provider in Sau

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