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Alrajhi Bank was founded in 1957, and is one of the largest banks in Saudi Arabia, with over 9,600 employees and $88 billion in assets. The bank is headquartered in Riyadh, and has over 600 branches, primarily in Saudi Arabia, but also in Kuwait, and Jordan, with a subsidiary in Malaysia.
In the 1990s Al-Rajhi turned over the reins of the heading the Al Rajhi Bank to focus on real estate and agriculture. His ventures in these two sectors eventually became some of the most successful in KSA. Aside from these, Al Rajhi held stakes in another financial of import Al Baraka Banking Group and shares in cement and construction ventures.
Retrieved from "https://en.wikipedia.org/w/index.php?title=Al_Rajhi_Banking_and_Investment_Corporation&oldid=1253673089"
Yazeed Mohamed Al-Rajhi [1] (Arabic: يزيد محمد الراجحي; born 30 September 1981 [1] in Riyadh) is a Saudi businessman, entrepreneur, and business magnate. [2] One of the sons of businessman Sheikh Muhammad bin Abdulaziz Al-Rajhi, his origins trace back to the Al-Qassim region (Al-Bukayriyah), and his lineage traces back to the Bani Zaid tribe.
The Alrajhi family are considered one of the wealthiest non-royal families in Saudi Arabia. [19] His father was Saleh Abdulaziz Alrajhi, co-founder of Al-Rajhi Bank and many prominent industrial companies in Saudi Arabia, and his uncle is Sulaiman Abdul Aziz Al Rajhi, a Saudi Arabian corporate figure and billionaire who co-founder of Al-Rajhi Bank.
Ahmed Al-Rajhi was born and raised in Riyadh, where he completed his primary and secondary education. [3] He later pursued higher education at King Fahd University of Petroleum and Minerals in Dhahran, earning a bachelor's degree in industrial engineering. His academic background laid the foundation for his professional journey, which began in ...
Al Rajhi Bank Tower (Arabic: برج الراجحي), also known as Al Rajhi Bank Headquarters, [3] is a 205-meter (673 ft) tall commercial skyscraper located in the al-Muruj neighborhood of Riyadh, Saudi Arabia.
The Al Rajhi family is considered, by most in Saudi Arabia, as the country's wealthiest non-royals, and among the world's leading philanthropists. He established the Sulaiman Al Rajhi University in his hometown, a non profit university. The university's main focus is on health and Islamic banking, but contains other faculties as well.