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BlackRock to host “private” gathering in Riyadh -Bloomberg
Plus: Gates foundation to set up regional HQ in Riyadh and air cargo outfit Cargolux sets up shop in Dammam
A flurry of 1Q earnings
Sabic Agri-Nutrients | Riyad Bank | Arab National Bank | Sulaiman Al Habib, Amiantit | Sipchem | Yansab
Sabic opens world’s first demo plant for electrically-heated steam cracking furnace
The technology could potentially cut emissions from the energy-intensive production process by at least 90%
Banks will lead uptick in corporate earnings in 1Q 2024 –Al Jazira Capital
Al Jazira sees companies in its coverage universe posting a 5.2% rise in net income, led by banks
Fahad Misfer Al-Battar tapped as CEO of Sabic Agri-Nutrients
He is succeeding Abdulrahman Ahmed Shamsaddin
Sabic has turned in what might be its first-ever net loss
Sabic reported a net loss of SAR 1.7 bn in Q4 2023
Ma’aden, Sabic Agri-Nutrients and Amlak Finance report results for FY 2023
The state-owned mining giant said it finalized the commissioning of the Kingdom’s largest gold mine Mansourah Massarah
Sabic, Fujian Energy Petrochemical JV break ground on world-scale petrochem complex in China
They also signed an undisclosed project financing loan agreement for the complex
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