SABB arranges Islamic financing facility for Umm Al-Qura Cement

23/07/2014 12:33 AST

In a statement to the Tadawul, Umm Al-Qura Cement Company announced the signing of an Islamic financing agreement with The Saudi British Bank (SABB) on 22 July for SAR 618.874 million.

The financing has a tenor of three years and is for specific project financing needs.


CPI Financial

News

SABB celebrates winners of accelerator programme

02/04/2018

The Saudi British Bank (SABB) recently celebrated the winners of the first batch of the Taqadam start up accelerator programme in the presence of several senior officials from the government, private

Trade Arabia

SABB, Saudi university launch programme for SMEs

01/03/2018

The Saudi British Bank has joined hands with King Abdullah University of Science and Technology (KAUST) to launch the second phase of Taqadam program to support university-based entrepreneurs’ projec

Trade Arabia

SABB 2017 net profit up 1.5pc to top $1bn

21/02/2018

The Saudi British Bank (SABB) recorded a net profit of SR3.955 billion ($1.05 billion) for 2017, as against a net profit of SR3.895 billion for the previous year, marking an increase of 1.5 per cent.

Trade Arabia

Most Viewed Companies

Ticker Price Volume
SABIC 114.77 5,915,941
RIBL 13.83 1,519,548
JARIR 177.89 111,251

Valuation

SABB Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
FAB 11.95 0.20 (1.70%)
NCB 64.98 0.35 (0.54%)
RJHI 76.03 0.78 (1.03%)
EMIRATESNBD 10.65 0.05 (0.47%)
SAMBA 26.98 0.59 (2.23%)

Recent News

SABIC-MCC joint venture starts output

05/04/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula

Doha Bank’s third Indian branch opens today

04/04/2018

Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o

The Peninsula

SHUAA to act as liquidity provider to Bank of Sharjah

04/04/2018

Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than

Gulf News

logo

Financial Information Co.

P.O. Box 69410, Riyadh 11547, Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2024, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap