alrajhi bank Tops Foreign Investments in Saudi Banking Sector Stocks

alrajhi bank has topped foreign investments in Saudi banking sector stocks, with foreign investment in alrajhi bank’s shares exceeding 43 billion SAR, representing 13.2% of the bank’s total shares.

Foreign investment in alrajhi bank’s shares makes up more than 10% of the total foreign investments in Saudi stocks and is considered one of the highest among Saudi companies listed on the stock market.

Foreign investments in the Saudi stock market have reached historic levels. According to Tadawul (Saudi Stock Exchange) data, foreign investors’ ownership has increased by more than 12 billion SAR since the beginning of the year, reaching over 399 billion SAR.

alrajhi bank’s market value is the largest among banks in the Middle East and Africa, at 326 billion SAR. The bank’s share is the largest in the Saudi market and the heaviest weight in the MSCI Emerging Markets Index, equivalent to 14%.

alrajhi bank’s share price has increased by more than 300% since the launch of Vision 2030 eight years ago, with its assets nearly doubling to approximately 150%. The bank’s shares receive high ratings from prestigious global financial institutions and indices, with a positive long-term outlook. This rating reflects the bank’s benefit from the previous interest rate reduction cycle.