1. SHBs net profit of SR663 million for the period ended Sept. 30, however, reflected a decline of '.5 percent as against the first nine months result of last year of SR732 million.

2. Print Article | Comment on Article SHBs Net Profit Rises 7.7% Arab News RIYADH, 1' October 2006 Saudi Hollandi Bank (SHB) recorded a net profit of SR2'7 million in the third quarter of 2006, up 7.7 percent over SR277 million during the same period last year, according to SHB Managing Director Giel–Jan van der Tol.

3. Speaking on the occasion, Tahir Al–Dabbagh, general manager, Western Area, said: "This mandate reinforces our commitment to providing comprehensive financial advisory services to our clients and to be a significant player in the capital market arena in Saudi Arabia." Ahmed Ismail, head of Corporate Finance at SHB, said the decision of "Gulf General Insurance Company to appoint us as the financial adviser and arranger is a reflection of the excellent relationship we are willing to have with the company." He said the company has the expertise and know–how in the marketplace and "our reputation in the market will have a positive influence on the perceived quality of the offering of Gulf General as far as investors are concerned." The signing ceremony held at SHBs Regional Office in Jeddah was attended by Al–Dabbagh, Al–Sulaiman, Tahir Al–Dabbagh, and Ahmed Ismail.