GulfBase Live Support
14/01/2016 10:33 AST
Saudi Kayan Petrochemical Co. swung to a net loss in the fourth-quarter, it reported on Thursday.
The company, an affiliate of Saudi Basic Industries Corp (SABIC), made a net loss of 624.14 million riyals ($166.3 million) in the three months to Dec. 31, it said in a bourse statement.
This compares with a profit of 11.78 million riyals in the same period of 2014. ($1 = 3.7538 riyals)
Reuters
22/10/2017
Net income of SAR 381.0mn, beats Al Jazira Capital estimate and market consensus. Net income was supported by higher than expected operating rate and higher margins. Gross margin increased on YoY bas
GulfBase
11/04/2016
Saudi Kayan Petrochemical Co. restarted on Sunday a plant that produces ethylene glycol and oxide ethylene after scheduled maintenance and some technical repairs, the company said on Monday.
Reuters
19/01/2016
Aljazira Capital stated in their recently issued research report that the government of Saudi Arabia recently raised natural gas, fuel, Petchem feedstock, and electricity prices to curb deficit. It i
GulfBase.com
05/04/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette
05/04/2018
Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating
Gulf Times
05/04/2018
Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told
The Peninsula
04/04/2018
Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o
The Peninsula
04/04/2018
Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than
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