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RIYADH: Chemical giant Saudi Basic Industries Corp. has announced the resignation of its CEO Yousef Al-Benyan, after being appointed Minister of Education by Royal Decree. Accordingly, SABIC’s Board appointed Abdulrahman Al-Fageeh as acting CEO for six months effective Sep. 28, 2022, according to a bourse filing. The Riyadh-based company reported a 33 percent surge in
Dublin, Sept. 23, 2022 (GLOBE NEWSWIRE) -- The "Styrene Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering. This...
RIYADH: Gulf Ferro Alloys Co. is seeking to list its shares on Saudi Arabia’s parallel market Nomu by 2024, General Manager, Qusay Al-Khalili, told Argaam. The company, which is known as Sabayek, is currently working on its internal procedures and governance, as well as preparing the regulatory documents for the offering, according to Al-Khalili. “We are producing 130,000 tons
RIYADH: Saudi Arabia’s main index started the week’s final session higher despite new data showing Saudi Arabia’s annual inflation rate rose to a 14-month high of 3 percent in August, alarming investors. The Tadawul All Share Index started the week’s final session with a 0.45 percent gain at 11,946, while the parallel market Nomu opened with a 0.21 percent drop at 20,806, as
RIYADH: Saudi Arabia’s main index started on a positive note on Monday’s trading session, lifted by a rebound in oil prices. TASI edged up 0.1 percent to start at 11,951, while the parallel market Nomu declined 0.1 percent at 20,717, as of 10:06 a.m. Saudi time Saudi oil giant Aramco climbed 0.27 percent, while Rabigh Refining and Petrochemical Co. edged down 0.38 percent. Al