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Saudi National Bank's profit rose 20% in Q3, fueled by higher income and lower costs, as part of broader economic growth under Vision 2030.
Saudi National Bank reported a 20% rise in third-quarter net profit to 6.47 billion riyals, driven by higher operating income and lower expenses, with assets growing 7.3% year-to-date.
Loan growth accelerated under Saudi Arabia’s Vision 2030 economic diversification plan.
The EU agreed to end Russian gas imports by 2028, with new contracts ending in 2026.
Saudi Arabia expanded its railway network beyond 6,000 km and advanced regional infrastructure cooperation.
Bahrain launched its first solar plant, powering 6,300 homes, and celebrated Diwali with community events, reflecting progress in renewable energy and cultural inclusion.
Las ganancias del Saudi National Bank aumentaron un 20% en el tercer trimestre, impulsadas por mayores ingresos y menores costos, como parte de un crecimiento económico más amplio bajo la Visión 2030.