stateowned

Economy

State-owned utility SEC’s profit drops 7% despite higher sales of $8.8bn

Follow-ups -eshrag News: RIYADH: The Middle East registered an average total data breach cost of $7.45 million between March 2021 and…

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Economy

China In-Focus — Five Chinese state-owned companies under scrutiny in US; China sanctions Lithuanian deputy minister for Taiwan visit

Follow-ups -eshrag News: Crypto Moves — Bitcoin and Ethereum fall; Dutch detain suspected Tornado Cash developer RIYADH: Bitcoin, the leading…

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Economy

Five Chinese state-owned companies to delist from NYSE amid US tensions

Follow-ups -eshrag News: SHANGHAI: Five Chinese state-owned companies, including oil giant Sinopec and China Life Insurance, said on Friday they…

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Economy

State-owned SEC appoints new CEO following strong annual profit performance

Follow-ups -eshrag News: Crypto Moves – Bitcoin and Ethereum rise; Crypto industry anxiety; BitOasis lay off staff RIYADH: Bitcoin, the…

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Economy

China In-Focus: Beijing asks state-owned policy banks for $120bn for infrastructure projects

Follow-ups -eshrag News: RIYADH: The majority of people surveyed in 29 countries across the world view the metaverse positively, with…

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Economy

Egypt seeks private-sector participation in state-owned assets worth $10 bln annually for 4 years

Follow-ups -eshrag News: Growing GCC ownership of electric vehicles bodes well for a zero-emissions future DUBAI: Among the many industries facing…

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Economy

DEWA eyes $2.2bn in Dubai’s first-ever IPO of a state-owned entity

Follow-ups -eshrag News: RIYADH: Oil prices extended their gains on Thursday due to growing fears of further sanctions on Russia…

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Economy

State-owned SEC’s shares fall 10% despite a fourfold profit leap

Follow-ups -eshrag News: Thu, 2022-03-17 08:28 RIYADH: Saudi Electricity Co. saw its shares drop by nearly 10 percent during Wednesday…

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Economy

State-owned SEC’s profits jump fourfold to $3.8bn on Saudi energy sector reforms

Follow-ups -eshrag News: RIYADH: Saudi stocks climbed higher at the start of Wednesday as data showed a 3.2 percent growth in…

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Economy

DEWA becomes Dubai’s 1st state-owned entity going public in biggest ever IPO

Follow-ups -eshrag News: Author:  Tue, 2022-03-15 08:39 RIYADH: Dubai Electricity and Water Authority plans to float 3.25 million shares, or…

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