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الاقتصادية
Bank Saudi profits up 16% in Q2
Al Jazira Bank of Saudi Arabia's profits increased by approximately 16% in the second quarter of 2026, reaching a net profit of 442.8 million riyals compared to 382 million riyals in the same period of the previous year. This growth was driven by a 10% rise in operating income and an increase in net income from financing and investments. Additionally, the first half of the year recorded a net profit of 848 million riyals, representing an approximate 14% year-over-year increase, despite a 7% rise in operating expenses due to salaries, rent expenses, and depreciation.
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