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- TAQA Group reports Q1 revenue of $ 3.87bn, up 3.8%
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- Emirates NBD pilots new AI compliance tech to reduce risks, improve payment speed
13/05/2025 02:16 AST
Areeb Capital, a prominent real estate fund management company, announced signing a new financing agreement with the Saudi National Bank (SNB) worth SR5.8 billion.
This agreement will enhance the company's financing capabilities for its ambitious investment projects in the Saudi real estate market.
This agreement represents a strategic step that supports the company's efforts to expand its investment portfolio and develop innovative real estate projects that meet the local market's needs, contributing to lucrative returns for investors and strengthening its status as a leading asset management company in the real estate funds sector.
Areeb Capital affirmed that the deal reflects the confidence of prominent banks in the Kingdom, led by the Saudi National Bank, in its efficient performance and ability to manage and implement remarkable investment projects, particularly in emerging real estate sectors.
Headquartered in Riyadh, Areeb Capital is a leading real estate asset management company with assets under management exceeding SR20 billion.
Regulated by the Saudi Capital Market Authority (License No. 30-08119), the company aims to provide innovative investment solutions that contribute to developing the real estate sector in the Kingdom.
Saudi Gazette
23/04/2025
The Saudi National Bank (SNB), the largest bank in Saudi Arabia, announced a net income of SR6.0 billion for the first quarter of 2025, representing its highest-ever quarterly financial results. This
Arab News
31/12/2017
The Board of Directors of NCB has recommended on 28-12-2017 corresponding to 10-04-1439H to an Extraordinary General Shareholders Assembly (EGAM) an increase the Banks capital through bonus shares as
Tadawul
24/10/2017
Nahed Taher, the first female Saudi senior economist at National Commercial Bank and the founder of Gulf One Investment Bank, has set up a joint investment vehicle with the investment arm of one the
The National
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16/05/2025
Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utilities companies in Europe, the Middle East and Africa, has delivered a 3.8% year-on-year revenue growth, reaching AE
Trade Arabia
16/05/2025
Abraj Energy Services has signed a contract with BP Oman to provide a drilling rig for operations in Block 61, with the rig expected to become operational in the fourth quarter of 2025.
The
Muscat Daily
16/05/2025
Commercial Bank, a leader in innovative digital banking solutions, has unveiled its all-new Corporate Mobile Banking App, setting a new standard for business banking in the region.
This stat
Gulf Times
16/05/2025
Emirates NBD is rolling out a new AI-driven solution to strengthen its compliance checks on payments and trade transactions, as part of a wider effort to improve safety, speed, and transparency in fi
Gulfnews
16/05/2025
In line with its leading and responsible role in the banking industry, National Bank of Kuwait continues to advance confidently towards building a sustainable future by implementing its environmental
Kuwait Times
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