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Al Rajhi REIT IPO to begin 1 January 2018
(CPI Financial - 25/12/2017)

Al Rajhi Capital announced the initial public offering (IPO) period of Al Rajhi REIT Fund will run from 1 to 14 January 2018, the fund manager (Al Rajhi Capital) said in a statement. The fund manager will offer 42.67 million units at SAR 10 each.

Al Rajhi Bank Short-Term FCR Raised
(CPI Financial - 07/12/2017)

Capital Intelligence Ratings (CI Ratings or CI) has affirmed the Long-Term Foreign Currency Rating (FCR) and raised the Short-Term FCR of Al Rajhi Banking and Investment Corporation (ARB), based in Riyadh, Saudi Arabia. The Long-Term FCR is affirmed at