Bahri posts big jump in Q3 profit

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.

Samsung’s Lees top list of Asia’s richest families

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.

Samba Q3 earnings up 7%

JEDDAH: Samba Financial Group has reported a 7 percent rise in third-quarter net profit.

Oil climbs to 5-week high; Brent hits $53

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

Almarai Q3 profit jumps 10.3 percent

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.

Saudi Hollandi Q3 net profit rises 6.8%

DUBAI: Saudi Hollandi Bank has reported a 6.8 percent rise in third-quarter net profit.

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