Analysts said that the large losses recorded by oil companies listed on the Saudi Stock Exchange (Tadawul) were due to the slowdown in the global economy, which caused a decline in demand for petrochemical products. Petrochemical companies listed on Tadawul registered a combined net loss of around SAR 5.2 billion ($1.4 billion) in 2023, compared to profits that amounted to SAR 29.8 billion in 2022.
SABIC Loses $739 Million over Challenging Operating Environment aawsat.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aawsat.com Daily Mail and Mail on Sunday newspapers.
ISLAMABAD: The Competition Commission of Pakistan has granted approval to three mergers concerning M/s Saudi Iron and Steel Company , having a presence in Pakistan’s steel market, says a.