Economy



UK’s rebounding economy sees slowing industrial orders, retail sales

LONDON: Britain’s brisk economic recovery is showing more signs of cooling after shoppers bought less, exporters took a hit from Europe’s slump and banks approved the fewest mortgages in more than a y






Savola to pay Q3 dividend

JEDDAH: Saudi Arabia’s Savola Group said it would distribute a third-quarter dividend of SR0.75 per share.



Maaden Q3 net profit falls 66%

JEDDAH: Saudi Arabian Mining Co. (Maaden), the Gulf’s largest miner, beat analyst forecasts as it reported a 66 percent fall in third-quarter net profit after a one-off gain wasn’t repeated.



Jarir proposes Q3 dividend of SR1.8 per share

JEDDAH: Saudi Arabia’s Jarir Marketing Co. has proposed a third-quarter dividend of SR1.8 per share, the retailer said in a statement.



Al-Tayyar Travel Group Q3 profit rises 13.5%

JEDDAH: Saudi Arabia’s Al-Tayyar Travel Group posted a 13.5 percent rise in third-quarter net profit rise, slightly below analysts’ forecasts, as sales increased.



Aramco gives pipeline contract to SEPCO

ALKHOBAR: Saudi Aramco has contracted a Chinese group for a project to help expand the capacity of the main gas pipeline across Saudi Arabia, which dates back to the 1970s, aiming to improve energy su



Petchem delegates explore sustainability challenges

GCC petrochemical companies are being urged to educate their staff to enable them to work around sustainability challenges.

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