Gold prices hit an all-time high on Tuesday amid strong demand for safe havens driven by concerns that US retaliatory tariffs ...
The Local Content and Government Procurement Authority (LCGPA) added 116 products to the mandatory list of national products ...
In 2024, the company recorded a one-off impairment provision of SAR 56.7 million on the value of tangible and intangible assets related to its subsidiary, Smart City Solutions Co. Financing costs ...
The positive performance is driven by 3.2% increase in sales in 2024 compared 2023 due to an increase in paper roll sales, as a result of the company's focus on products that meet growing market needs ...
Q4 2024 net loss widened to SAR 7.16 million from SAR 4.63 million in the year-earlier period. On a sequential basis, net earnings plunged by 115.6% from a SAR 3.32 million loss in Q4 2024. Total ...
The S&P 500 index rose 0.56% to 5,611 points, while the Nasdaq Composite lost 0.14% to close at 17,299 points. As for European markets, the STOXX Europe 600 dropped 1.51% to 533 points.
The wider losses were attributed to a SAR 2 million year-on-year (YoY) increase in general and administrative expenses (G&A), and a high loss from the effect of adjusting the cash flows of financial ...
The Ministry of Commerce approved the regulations of the Trade Names Law and the Commercial Register Law, according to Umm Al ...
Before minority interest, the company recorded net earnings of SAR 4.1 million against net losses of SAR 23.1 million in 2023. The higher losses were attributed to amortization of non-tangible assets.
Nama Chemicals earns SAR 11.7M in 2024; SAR 41M in Q4 on provisions reversal ...
The company attributed these losses to a decline in topline, due to the exclusion of a subsidiary’s revenue and lower demand for some of the company’s main crops. The company reported an impairment ...
The wider losses were mainly due to the allocation of a SAR 100 million provision for the warranty liability of a Saudi Industrial Development Fund (SIDF) loan to Al Reef Sugar Refining Co. (RESRECO).