Media ID: 55365954
Caption:
A view of the headquarters of Saudi Basic Industries Corp (SABIC) in Riyadh January 20, 2009. REUTERS/Fahad Shadeed
by Shuja Al-Baqmi | Jan 20, 2017 | Business
Riyadh – Saudi stock market companies continued to announce fiscal results of 2016 one after another. Saudi Basic Industries Corp (SABIC), one of the world’s largest petrochemicals groups, announced a 4.5% drop of net profit in 2016. Saudi Telecom Company...
Media ID: 55364468
Caption:
Saudi Arabia’s Energy Minister Khalid al-Falih talks to journalists before a meeting of OPEC oil ministers in Vienna, Austria, June 2, 2016. REUTERS/Leonhard Foeger/File Photo
by Wael Mahdi | Dec 26, 2016 | Business
Khobar – The Saudi Arabian budget was expected to be more clear this year concerning the announcement of oil prices rates used to calculate the budget’s estimations, yet, the oil price rate was maintained hidden till the next year. Khalid A. Al-Falih, Saudi...