MILAN: Italian oil services firm Saipem said it had won around $2 billion worth of engineering, construction and drilling contracts in the Middle East and Latin America.
JEDDAH: Saudi Telecom Co. (STC), the Gulf's No.1 telecoms operator by market value, reported flat third-quarter profit on Monday, beating estimates despite paying higher taxes than a year ago.
The Riyadh Chamber of Commerce and Industry (RCCI) will host a meeting bringing together a visiting Polish trade mission representing a group of companies working in the field of furniture products wi
The initial public offering (IPO) of the National Commercial Bank (NCB) was 27.2 percent covered by the end of the 8th day, according to the financial advisers and lead managers GIB Capital and HSBC S
A Saudi-South Korean business forum and exhibition will kick off at the Grand Intercontinental Seoul, on Wednesday under the aegis of Minister of Commerce and Industry Tawfiq Al-Rabiah.
CALGARY, Alberta: US oil prices briefly tumbled to a 28-month low below $80 per barrel on Monday after Goldman Sachs slashed its price forecasts amid further signs of lackluster demand and booming sup
JEDDAH: Most stock markets in the Middle East fell after several companies reported poor third-quarter earnings and European equities edged down along with oil prices.
TOKYO: Toyota said global sales climbed 2.8 percent in the first nine months of this year as it battles Volkswagen for leadership.
NEW YORK: US banana giant Chiquita has agreed to be bought by Brazilian juice exporter Cutrale Group and investment bank Safra Group in a $1.3 billion deal, the companies said.
DUBAI: Saudi Arabia's National Industrialization Co. (Tasnee) reported a 7.6 percent rise in third-quarter net profit on Monday.
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