Stay updated with breaking news from Saudi Basic Industries. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Saudi Basic Industries Corp. (SABIC) made SR18 billion in net profits in the first nine months of 2021, compared to a net loss of SR2.6 billion in the same period last year. The company attributed the rise to higher average selling prices, it said in a bourse filing.
Page Not Found | ZAWYA MENA Edition
The Tadawul All Share Index, TASI, rose by 0.01 percent to surge past 11,890 points in early trade today. Herfy Food Services posted a net profit of SR60.1 million ($16 million) in the third quarter of the year. Retail investors start a subscription to 1.5 million shares of Arabian Contracting Services Co. (Al Arabia) today. Retailer Jarir signed a contract to sell a land plot
/cloudfront-us-east-2.images.arcpublishing.com/reuters/TPYN7QZMCFJTBP27OR2BK5VZ4A.jpg)
Most major stock markets in the Gulf rose in early trade on Monday with higher oil prices, while the Saudi index retreated, threatening to end a four-day winning streak.
/cloudfront-us-east-2.images.arcpublishing.com/reuters/R2ECJIQ2INI37K7PBGQJY7VNK4.jpg)
Most stock markets in the Gulf ended higher on Monday, mirroring strong oil prices, although the Saudi index snapped a four-day winning streak on profit taking.