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Sabic back in black + a flurry of 1Q earnings
Sabic’s first earnings of the year saw it recover from a SAR 1.2 bn net loss the year prior
Mouwasat’s net income up, Cenomi Retail widens losses in 2025
Cenomi Retail’s net losses widened to SAR 505.5 mn in 2025
ECG launches USD 300 mn PE fund + Mouwasat plans SAR 900 mn hospital
PLUS: Nextpower + Abunayyan Holding set up JV
Tawuniya’s net income drops 12% in 3Q
ALSO- Mouwasat logs a 33% increase in bottomline
Mouwasat Medical’s SAR 700 mn Abha hospital moves forward
PLUS- Reed Smith inaugurates new office in Riyadh
Mouwasat Medical spends big on expansion plan
All three projects are set to be self-financed, beside long-term shariah-compliant loans from undisclosed local banks
The earnings keep coming
Arabian Drilling’s net income falls 65%, pauses dividends
Saudi Electricity Company’s bottom line dips + Dallah Healthcare net income rises in 2024
PLUS: Dr. Soliman Abdel Kader Fakeeh Hospital, City Cement, Gas Arabian Services, and Mouwasat Medical report results
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