Investment Banking
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SAIB's board recommends highest dividend since 2016; 33% capital hike
The board of Saudi Investment Bank, known as SAIB, has recommended its highest cash dividend since 2016, at SR0.7 per share, accounting to SR525 million ($140 million), as well as a capital increase of 33 percent. The decision came as a step towards improving the bank’s capital base to support…
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Click here to read the full story: Arab News