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- Design, masterplan for new 24,000-seat Zayed City stadium unveiled
- Boubyan maintains its Islamic digital banking leadership, globally, regionally and domestically
- 2025: A record-breaking year for NBK in training national talents
- Alba celebrates graduation of second batch from BEng programme
- Buraimi Industrial City attracts RO20mn in new projects in 2025 first half
- Oil declines with Gaza peace plan and US inventories in focus
- Tunnel excavation work starts for Oman-UAE rail project
- KONE named vertical mobility partner for mega skyscraper Jeddah Tower
- Fertiglobe to return minimum $277 million to shareholders in 2025 amid strong strategic progress
- Multiply Group to acquire a majority stake in Italy-based ISEM Packaging Group
28/01/2018 13:04 AST
Saudi Basic Industries Corp (SABIC) said on Sunday it took a 350 million riyals ($93.34 million) impairment on its steel unit, Hadeed, in the fourth quarter and still sees challenges in the steel market.
SABIC CEO Yousef al-Benyan told a news conference that he was optimistic about the outlook for 2018, as an increase in oil prices reflect positively on petrochemical prices.
Benyan also said the company can self-finance the acquisition of a nearly 25 percent stake in Clariant, which was announced last week.
SABIC, the world's fourth-biggest petrochemicals company, reported an 18.6 percent drop in fourth-quarter net profit on Sunday, citing lower output and sales.
Reuters
28/01/2018
Riyad Bank, one of the largest financial institutions in Saudi Arabia, said its investment banking arm is set to distribute dividends worth SR15 million ($4 million) to the unitholders of its real es
Trade Arabia
14/11/2017
Riyad REIT Fund announces Capital Market Authority approval on 12/11/2017 for changes to the Board of Directors effective on the 12th of November 2017. The changes will be as the following:
Tadawul
15/10/2017
Riyad REIT announces that on 12/10/2017 the fund signed a sale and purchase agreement with the Higher Education Fund to acquire the building of Saudi Electronic University located in Ar Rabi district
Tadawul
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ALRAJHIREIT | 8.32 | -0.01 (-0.13 |
| JADWAREITSAUDI | 11.18 | -0.07 (-0.63 |
| ALWAHAREIT | 9.84 | -0.42 (-4.10 |
| BONYANREIT | 9.31 | 0.05 (0.53 |
| SEDCOCAPITALREIT | 7.12 | 0.01 (0.14 |
09/10/2025
Once again, Boubyan Bank reinforces its global, regional and domestic digital banking leadership after being recognized with 4 prestigious awards from Global Finance, as part of its annual awards giv
Kuwait Times
09/10/2025
Guided by its philosophy that sees human capital investment as the foundation of sustainable growth, National Bank of Kuwait successfully concluded its 2025 training program for university students,
Kuwait Times
09/10/2025
Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, celebrated the graduation of its second batch of employees from the Top-Up Bachelor of Engineering (BEng) programme in Ele
Trade Arabia
09/10/2025
Fertiglobe, the largest seaborne exporter of urea and ammonia globally and a key nitrogen fertiliser producer in the MENA region, has announced a minimum capital return of $277 million to shareholder
Khaleej Times
09/10/2025
Multiply Group, an Abu Dhabi-based investment holding company, on Wednesday announced that it will acquire a majority position in ISEM, a European leading packaging group, subject to regulatory appro
Khaleej Times
Financial Information Co.
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