THE MIDDLE EAST’S
3. alrajhi bank
Country: Saudi Arabia
Sector: Banks & Financial Services
Managing Director & CEO: Waleed Al-Mogbel
Market Value: $114.3 billion
alrajhi bank serves more than 20.6 million customers across a nationwide branch and ATM network. The bank’s net income grew 25.7% to $6.6 billion in 2025, while total assets hit $278.2 billion. In November 2025, the bank signed real estate finance agreements exceeding $2.9 billion at Cityscape 2025. In 2025, the bank completed a $800 million Murabaha credit facility with Bahri, a $666.7 million financing agreement with Tatweer, and completed a $1.5 billion USD-denominated Additional Tier 1 sustainable sukuk issuance.