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Economy

China In-Focus — Asian giant halts over 20 IPOs; unemployment insurance payouts hit record high

Follow-ups -eshrag News: RIYADH: Chinese bourses have halted processing more than 20 initial public offering plans sponsored by China Merchants…

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Economy

Saudi food giant Savola’s revenue hits $3.8bn buoyed by food processing unit

Follow-ups -eshrag News: Wed, 2022-08-24 09:08 RIYADH: Savola Group, a major food retailer in Saudi Arabia, has seen its first-half…

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Economy

China In-Focus — Asian giant opposes trade talks between US and Taiwan; Stocks fall; Aluminum imports fall

Follow-ups -eshrag News: Oil Updates — Crude steady; Myanmar to import Russian oil; Phillips 66 offers to buy pipeline operator…

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Economy

China In-Focus — Stocks slip; Asian giant says economic recovery momentum slows; China to lift Aug fuel exports

Follow-ups -eshrag News: UAE In-Focus — RAK chamber members export totaled $435m in Q2; Gulf Navigation wins refinance deal DUBAI: Exports…

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Economy

French utility giant EDF gets to the forefront of the Saudi energy market

Follow-ups -eshrag News: The year 2022 marks a decade of growth for the EDF Group in Saudi Arabia. Active in…

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Economy

China In-Focus — Shares edge up; Luckin plans store expansion; Asian giant forecasts 6m electric cars sale

Follow-ups -eshrag News: Heathrow owner Ferrovial studies options for stake in Britain’s biggest airport -sources LONDON: Spain’s Ferrovial is looking…

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Economy

Chemical giant SABIC’s Q2 earnings beat estimates as profit soars to $2.1bn

Follow-ups -eshrag News: Tue, 2022-08-09 08:43 RIYADH: Saudi chemical giant SABIC has reported a surge in second-quarter profits to SR7.93…

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Economy

Saudi dairy giant Almarai re-appoints chairman and vice chairman

Follow-ups -eshrag News: Saudi Arabia targets $3.3tr of cumulative investments till 2030, says deputy minister RIYADH: Saudi Arabia has enacted…

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Economy

Saudi telecom giant stc to pay $532m quarterly dividend as H1 profit hits $1.6bn

Follow-ups -eshrag News: RIYADH: Saudi Arabia’s main stock index TASI has gained 9 percent in 2022 to reach 12,310 points…

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Economy

China In-Focus — Stocks flat; Jack Ma to give up control of Ant Group; Asian giant targets $148bn in financing for cash-strapped developers

Follow-ups -eshrag News: MENA project tracker: Oman starts bids on Al-Batinah; Construction begins on Saudi non-profit city RIYADH: Oman’s Ministry…

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