Al Rajhi Banking and Investment Corporation (SASE:1120) agreed to acquire additional 12.5% stake in Al Rajhi Company for Cooperative Insurance (SASE:8230) on September 5, 2022. Al Rajhi Banking and Investment Corporation (SASE:1120) also obtained approval from the Saudi Central Bank to complete the process of increasing its stake in the insurer. Previously, it owned 22.5% of Al Rajhi company.
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Other stock markets
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5-day change | 1st Jan Change | ||
132.4 SAR | +0.61% | +4.91% | +86.48% |
Stocks mentioned in the article
Price
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Change
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5d. change
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Capi.
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---|---|---|---|---|---|
132.4 SAR | +0.61% | +4.91% | 3.53B | ||
79.9 SAR | -0.50% | +1.65% | 85.23B | ||
Annual profits - Rate of surprise
1st Jan change | Capi. | |
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+86.48% | 3.53B | |
+10.02% | 101B | |
+5.26% | 98.26B | |
+1.05% | 69.77B | |
+20.54% | 28.66B | |
+9.36% | 19.51B | |
-4.31% | 12.3B | |
+8.48% | 10.94B | |
+10.00% | 10.59B | |
+20.46% | 10.1B |
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- Al Rajhi Banking and Investment Corporation agreed to acquire additional 12.5% stake in Al Rajhi Company for Cooperative Insurance.