| From Tradearabia.com: Saudi-based Al-Rajhi Bank, the kingdom's biggest Islamic lender, said on Wednesday it posted a 13.5 percent rise in fourth quarter net profit, broadly in line with analysts' forecasts.
Al-Rajhi said net profit for the three months ended December 31 rose to 1.66 billion riyals ($442 million) from 1.47 billion riyals in the fourth quarter of 2009, following a string of upbeat earnings releases from banks in the world's top oil exporting nation..............................................Full Article: Source
|