Al-Rajhi Bank Q1 net up 18%
Riyadh - Arabstoday
Al-Rajhi Bank, the Kingdom's biggest Islamic lender, on Tuesday posted an 18 percent rise in first-quarter net profit due to an increase in operational income, but it missed analysts' forecasts. Earnings for the three months ended March 31 rose to SR2.01 billion from SR1.70 billion a year earlier, the bank said in a statement posted on the website of the Saudi bourse. The bank had net profits of SR1.9 billion in the last quarter of 2011. Operational income rose 16.7 percent to SR3.43 billion, net income from finance and investments rose 4.3 percent to SR2.33 billion and total assets at the end of the period were SR234 billion, compared to SR203 billion a year earlier.
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Bucharest - SANA
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Moscow - TASS
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London - DPA
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Spain - DPA
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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