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Sabic trims losses, First Mills grows, Solutions’ margins tighten in 2Q
Sabic’s losses narrowed thanks to an absence of one-off charges, while lower sales volumes weighed on the underlying business
US-based Kneron lands Saudi grant to power AI chip push in Riyadh
PLUS: First Mills gets SAR 69.4 mn SIDF loan for expansion
SAIB, Yansab, First Mills post 1Q results
Saudi Investment Bank’s net income grew 13.8% y-o-y
First Mills secures SAR 630 mn loan from Saudi Awwal Bank
The facility will be available until the end of December 2035
Coffee with: Alaaeldin Shousha, CFO of First Mills
First Mills plans to set up a SAR 123 mn flour milling unit in its Al Qassim plant
Some SAR 2.6 bn sales contracts signed for projects in Khayala development
PLUS: First Mills received board approval for setting up a SAR 123 mn flour milling unit
Bank earnings take center stage
Saudi National Bank recorded SAR 5.4 bn in net income in 3Q 2024
Electrical interconnection project between central, southern regions goes live
PLUS: SAL Saudi Logistics to offer air cargo handling services to Air China
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