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Saudi Aramco unexpectedly increased its dividend and said it would boost capital sending as it looks to deploy an avalanche of cash generated by last year’s…

Saudi biggest petrochemicals giant posts a net income of SR290 million ($77.28 million) in the three-month period ended December 31, down from SR4.97 billion a year ...

Saudi Basic Industries Corp (SABIC)'s revenue for the second quarter of fiscal 2022 reached SAR 55.98, representing an increase of 6 per cent compared to the previous quarter...

PHILIPPINES <strong>GDP growth slows in Q2</strong> Economic growth slowed in the second quarter, officials said yesterday, warning that surging inflation and the COVID-19 pandemic would weigh on the outlook for the rest of the year. GDP rose 7.4 percent, slightly weaker than the 7.5 percent expected and down from 8.2 percent in the previous three months, National Economic and Development Authority Secretary Arsenio Balisacan told reporters. “We’re likely to face challenges indeed in sustaining that growth,” he said, with the pace seen easing further in the second half. Howev...

The petrochemicals company attributes the increase in profit to higher average selling prices despite an increase in feedstock costs and higher selling and distribut...