Fitch h">

06/05/2009 00:00 AST

Fitch Ratings affirmed Al-Rajhi's long-term issuer default rating (IDR) at "A+" with a stable outlook. Its short-term IDR at "F1", individual rating at "B/C" and support rating at '1'.

Fitch has affirmed Al-Rajhi's support rating floor at 'A+'.

Al-Rajhi continues to dominate the Islamic market segment and retail banking, which has been historically its main focus. The bank's long-term IDR is unlikely to change unless the sovereign rating changes.


Saudi Gazette

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Mozn, a regional leader in enterprise AI technologies, has entered into a strategic agreement with AlRajhi Bank, aimed at supporting the bank's efforts in combating financial fraud through Mozn's AI-

Saudi Gazette

Saudi Arabian lender Al Rajhi reports 20% rise in fourth quarter net income

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Al Rajhi Bank recorded a 19.8 per cent rise in its fourth-quarter net profit, beating analysts' estimates, as fees and financing investments income climbed at Saudi Arabia's biggest lender by market

The National

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Al Rajhi Capital announced the initial public offering (IPO) period of Al Rajhi REIT Fund will run from 1 to 14 January 2018, the fund manager (Al Rajhi Capital) said in a statement.

The f

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NIC reports profit of KD 20.7 million

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National Investments Company (NIC), one of Kuwait's leading investment firms, announced strong financial results for the first nine months of 2025, posting a net profit of KD 20.7 million or 26 fils

Kuwait Times

OQEP signs two strategic natural gas sales agreements

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Times of Oman

Asyad Group demonstrates logistics excellence for energy sector at ADIPEC 2025

04/11/2025

Asyad Group, the global integrated logistics provider, is currently taking part at ADIPEC 2025 in Abu Dhabi, being held during 3-6 November. The Group showcases a comprehensive model of its logistics

ONA

QNB, Ooredoo Qatar to deliver landmark modernisation of national surveillance/monitoring infrastructure

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QNB announced the awarding of a landmark and strategically significant project to Ooredoo Qatar for the complete modernisation of its surveillance systems across all branches, corporate buildings, an

Times of Oman

Alba partners with top firms for supply chain optimisation

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Trade Arabia