சவுதி அடிப்படை தொழில்கள் சாபிக் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from சவுதி அடிப்படை தொழில்கள் சாபிக். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In சவுதி அடிப்படை தொழில்கள் சாபிக் Today - Breaking & Trending Today

Saudi banking, petrochemical stocks take a dive as bearish trends take hold


Saudi market underperformed after banking and petrochemical stocks came under selling pressure, snapping five days of gains, while in Dubai, ex-dividend was a factor behind the slipping into the red.
The Saudi benchmark index tripped up by 1.1 per cent to 10,419 points. Al Rajhi Bank, Saudi National Bank and Riyad Bank headed lower with Saudi Aramco joining in the downside by shedding 1.1 per cent. The petrochemicals giant Saudi Basic Industries (Sabic) retreated 3 per cent despite reporting SR4.86 billion in first-quarter profits, a rebound from year-ago losses amounting to SR1.05 billion.
Retailer and food company Savola Group traded 2.6 per cent lower after the first-quarter profits dipped 11 per cent to SR154 million owing to lower sales and margins in the retail sector. Profit contributions from associate companies also took a hit while operating costs and Zakat and tax expenses moved higher. ....

Ar Riya , Saudi Arabia , United Arab Emirates , Abu Dhabi Commercial Bank , Abu Dhabi , Abuz Aby , First Abu Dhabi Bank , Riyad Bank , Abu Dhabi Securities Exchange , Savola Group , Saudi Basic Industries Sabic , Saudi National Bank , Saudi Aramco , Al Rajhi Bank , Abu Dhabi Islamic Bank , Image Credit , Rajhi Bank , Saudi Basic Industries , Financial Market , Takaful House , Shuaa Capital , Gulf Navigation , Dhabi Securities Exchange , ஆர் ரியா , சவுதி அரேபியா , ஒன்றுபட்டது அரபு அமீரகங்கள் ,

Petchem projects to drive Saudi oil, gas sector by 2025


Petchem projects to drive Saudi oil, gas sector by 2025
RIYADH, 6 hours, 49 minutes
ago
Petrochemical projects are expected to drive the commencement of upcoming projects across the oil and gas value chain in Saudi Arabia, accounting for 61 per cent of the total projects expected to start operations by 2025, according to GlobalData, a leading data and analytics company.
 
Among these, new build projects dominate with 84%, while the rest are expansion projects, stated GlobalData in its report, Middle East Oil and Gas Projects Outlook to 2025 - Development Stage, Capacity, Capex and Contractor Details of All New Build and Expansion Projects.
 
The report reveals that petrochemical projects will be the highest with 50, followed by midstream with 18, refinery at eight, and upstream (fields) at six. ....

Ash Sharqiyah , Saudi Arabia , Ar Riya , Al Jubail , Soorya Tejomoortula , Hawiyah Unayzah , Petrochemical Company Al Jubail Ethylene Plant , Saudi Aramco , Development Stage , Oil Gas Analyst At Globaldata , Tradearabia News Service , Saudi Basic Industries Sabic , Middle East Oil , Gas Projects Outlook , Contractor Details , All New Build , Saudi Aramco Total Refining , Petrochemical Company , Gas Analyst , Saudi Basic Industries , Tradearabia News , சவுதி அரேபியா , ஆர் ரியா , சவுதி அரம்கோ , வளர்ச்சி நிலை , சவுதி அடிப்படை தொழில்கள் சாபிக் ,

Middle East stocks: MidGulf markets dip as lender FAB, others go ex-div


2 Min Read
(Reuters) - The Saudi Arabian stock market ended higher on Tuesday, amid rising oil prices as the focus returned to a tighter market, while the Abu Dhabi index retreated, hit by First Abu Dhabi Bank which went ex-dividend.
FILE PHOTO: Reflection of stock market is seen on a screen as a trader monitors at Bahrain Bourse in Manama, Bahrain, September 16, 2019. REUTERS/ Hamad I Mohammed
Saudi Arabia’s benchmark index advanced over 1%, as all its banking shares gained including Al Rajhi Bank which finished 4.8% higher.
Oil prices, a key catalyst for the Gulf’s financial markets, rose to $69 a barrel on Tuesday as investors focused on prospects for tighter supply and amid growing hopes of a recovery in demand. ....

Saudi Arabia , Uttar Pradesh , United Arab Emirates , Dubai Islamic Bank , Abu Dhabi , Abuz Aby , Shamsuddin Mohd , King Salman , John Stonestreet , Thomson Reuters Trust Principles , First Abu Dhabi Bank , Public Investment Fund , Saudi Basic Industries Sabic , Emaar Properties , Al Rajhi Bank , Barwa Real Estate , Qatar Fuel , Saudi Basic Industries , Thomson Reuters Trust , Content Produced In Bangalore , Banks Trbc Level 4 , Banks Nec Trbc Level 5 , Company News , Emerging Market Countries , Middle East , Market Reports ,