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SIB’s 2024 profit $272m

The profit surpassed AED 1 billion for the first time in bank's history.

AD Ports to invest in Kazakh port

Under the deal, AD Ports Group owns 51% stake.

PIF acquires stake in Saudi Re

The acquisition was made by way of a capital increase.

ADNOC Gas awards contracts

The $2.1bn contracts are aimed at enhancing LNG supply infrastructure.

ADNOC L&S buys stake in Navig8

The company will acquire the remaining stake in mid-2027.

Tadawul approves listing of SAR 2.8bn debt instruments

As per a statement to Tadawul , the disbursement of the cash for the stake purchase, is contingent upon meeting predefined performance indicators, (Tadawul)
  • The debt instruments are issued by the Saudi government and submitted by the Ministry of Finance
  • The debt instruments' first issuance stands at SAR 1.248 billion, while the second offering is valued at SAR 1.585 billion

Saudi Tadawul Group has approved the listing of new government debt instruments worth SAR 2.833 billion as of 24 January 2022.

The debt instruments’ first issuance stands at SAR 1.248 billion, while the second offering is valued at SAR 1.585 billion, according to a bourse disclosure on Thursday.

The debt instruments are issued by the Saudi government and submitted by the Ministry of Finance.