JEDDAH: National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Saudi Aramco, has reported a significant hike in third-quarter net profit.
SINGAPORE: South Korea’s Lee family, which controls the formidable Samsung conglomerate, topped an inaugural list of Asia’s 50 richest families published by Forbes Asia magazine.
JEDDAH: Saudi Arabian Monetary Agency’s net foreign assets stood at $659 billion at the end of August.
WASHINGTON: Volkswagen’s US chief revealed he knew more than a year ago that the group’s cars possibly breached pollution rules, as he prepared to apologize before Congress over the massive scandal.
JEDDAH: Samba Financial Group has reported a 7 percent rise in third-quarter net profit.
NEW YORK: Oil prices climbed to their highest in five weeks on Thursday, as buoyant Chinese equity markets encouraged buying, and as Russia’s military involvement in Syria brought a geopolitcal risk p
JEDDAH: Saudi Arabia’s Almarai, the Gulf’s largest dairy company, reported a 10.3 percent rise in third-quarter net profit that was slightly below estimates despite increased sales.
DUBAI: Saudi Hollandi Bank has reported a 6.8 percent rise in third-quarter net profit.
JEDDAH: News that Orascom Telecom Media and Technology is seeking to buy Beltone Financial boosted Egypt’s stock market on Thursday, while rebounding petrochemical shares continued to buoy Saudi Arabi
RIYADH: As interest in social media platforms continue to rise among the Saudi population, smartphone manufacturers are constantly looking for ways to enhance the online social experience, says axiom.
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