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Saudi Basic Industries

Saudi Basic Industries latest

Aramco is the world's most profitable energy company. With a net income of $33.8 billion in the first half of 2017 before taxes, a considerable amount of the income goes to the government budget, which could change. (AFP)
August 28th, 2018 - 09:34 GMT

With an Indefinite Halt on Its IPO, What's Next for Saudi Aramco?

One explanation for canceling or delaying the IPO is that the capital injection it was expected to generate is less urgent due to a partial recovery of oil prices that now stand above $70 per barrel.
Read more
Among other gainers in Dubai were property developer Deyaar and construction firms Arabtec Holding and Drake & Scull.
March 24th, 2014 - 03:55 GMT

After last week's plunge, Saudi stocks recover to five year high!

Saudi to top oil investment in the MENA region
October 7th, 2012 - 08:33 GMT

MENA region oil investment lead by Saudi

GCC stock market
August 6th, 2012 - 08:36 GMT

GCC markets make inroads this summer

CEO of SABIC, Eng. Mohamed Al-Mady
January 25th, 2011 - 09:13 GMT

SABIC iron production up by 9%

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