DUBAI / WAM Nasdaq Dubai, the region’s international financial exchange, today welcomed the listing of ...
Read More »Sabic slumps to lowest quarterly net in a decade
Bloomberg Saudi Basic Industries Corp. (Sabic) posted its lowest quarterly profit in at least a decade as the chemical maker took an impairment charge and cheaper oil put pressure on its product prices. Net income slumped 86% from the previous year to 830 million riyals, while sales fell 23% for the same period to 33.7 billion riyals, the company known ...
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