Riyad Bank 1010 established a SAR 10 billion ($2.66 billion) Additional Tier 1 local-currency sukuk programme, according to a base prospectus dated 9 July 2026 and disclosures published via Tadawul on 13 July 2026. The programme permits perpetual Shariah-compliant capital issuances, with Riyad Capital acting as sole arranger and dealer. In a separate Tadawul filing on the same day, the bank disclosed its intention to launch a SAR-denominated public offering of AT1 Capital Sukuk under the programme. Riyad Bank reported a Tier 1 capital adequacy ratio of 15.78% and a total capital adequacy ratio of 17.81% as of 30 September 2025, versus the regulatory minimum of 11.079%. Riyad Bank shares closed at SAR 20.24, down 0.49%, on the announcement day. The Capital Market Authority (CMA) separately approved a new Al Rajhi dividend ETF and two bonus-share capital increases during the week, while Saudi Exchange and Edaa published market-structure updates covering ETF market making, depository procedures, and market-maker terminations for three listed names.
CMA approvals: new ETF and bonus share issuances
The CMA issued a resolution approving Al Rajhi Capital's request to offer units of the Al Rajhi MSCI Saudi Equity Dividends ETF on the Saudi Exchange, according to a disclosure published on 13 July 2026. On the same date, the CMA approved Axelerated Solutions for ICT's request to increase its capital through a bonus share issuance, per a Tadawul disclosure. The regulator also approved Arabian Plastic Industrial Company's request to raise capital via bonus share issuance, disclosed on the same date. Atlas Elevators General Trading & Contracting 9578 disclosed on 14 July 2026 the deposit of proceeds from selling share fractions resulting from its capital increase into eligible shareholders' accounts; the share closed at SAR 9.67, down 0.82%, on the disclosure day.
Market structure: Edaa procedures updated, market-maker changes
The Securities Depository Centre (Edaa) announced the approval of amended Securities Depository Centre Procedures, disclosed via Tadawul during the week ending 13 July 2026. Saudi Exchange Company approved SNB Capital as a Market Maker under its Exchange Traded Funds Market Making Framework, expanding liquidity provision for listed ETFs. Saudi Exchange Company also announced the termination of Morgan Stanley Saudi Arabia's market-making agreements covering Alandalus Property 4320, Tourism Enterprise 4170 and Saudi Vitrified Clay Pipes 2360, according to Tadawul disclosures dated 13 July 2026.
REIT disclosures: Jadwa and Derayah publish Q2 2026 statements
Jadwa Investment disclosed on 14 July 2026 the availability of the Q2 2026 quarterly statement of Jadwa REIT Saudi 4342 for the period ended 30 June 2026. The unit closed up 0.19% on the disclosure day. Derayah Financial disclosed on the same date the Q2 2026 quarterly statement for Derayah REIT 4339, covering the period ended 30 June 2026, according to a Tadawul filing. The Derayah REIT unit rose 1.3% on the day. Both statements were published under the Saudi Exchange's periodic REIT disclosure requirements.
Corporate disclosures: contracts, branches, board changes
National Signage Industrial (9645, SIGN WORLD) on Nomu disclosed on 13 July 2026 the receipt of a purchase order from the Ministry of Finance for the supply of aluminum in various sizes for long and short vehicle plates, per a Tadawul filing. Theeb Rent a Car 4261 disclosed the opening of two new branches in Mahayil Aseer and Abha on 16 July 2026; the stock closed up 2.36%. Mutakamela Insurance 8040 announced on 16 July 2026 the appointment of a new board member to fill a vacancy on its board, according to a Tadawul disclosure; the share rose 4.82% on the day. SHL Finance 1183 disclosed the renewal of a Sharia-compliant credit facility agreement with related-party Arab National Bank; the shares closed at SAR 15.02, down 2.34%, on the day of disclosure.
GASTAT: June CPI rises 1.8% year-on-year
The General Authority for Statistics (GASTAT) reported the Consumer Price Index rose 1.8% year-on-year in June 2026, unchanged from May, according to data released on 15 July 2026. Housing, water, electricity and fuels rose 3.5%, transportation increased 1.7%, and food and beverages rose 1.4%. Monthly CPI increased 0.2% versus May 2026. BMI forecast Saudi inflation to remain near 2% in 2026, while the International Monetary Fund projected Saudi 2026 GDP growth at 1.7% and 2027 growth at 5.5%.
Outlook
Tadawul-side calendar items for the coming week include the anticipated public offering of Riyad Bank AT1 Capital Sukuk under the newly established SAR 10 billion programme, with Riyad Capital as sole arranger and dealer. The market is also expected to receive further Q2 2026 REIT quarterly statements following the Jadwa and Derayah filings. Bonus share issuance procedures for Axelerated Solutions for ICT and Arabian Plastic Industrial Company will progress following CMA approvals dated 13 July 2026. Trading in Alandalus Property 4320, Tourism Enterprise 4170 and Saudi Vitrified Clay Pipes 2360 will proceed without Morgan Stanley Saudi Arabia acting as market maker, per the Saudi Exchange termination notice.
