Financials and Investment News in Saudi Arabia
| 5/25/2022 - The Arab Petroleum Investments Corporation (APICORP), a multilateral financial institution, today announced that its Board of Directors recommended to the General Assembly the approval of its financia... |
| 5/24/2022 - The Arab Petroleum Investments Corporation (APICORP), a multilateral lending institution, today announced that it has become an Associate Member of the International Association of Credit Portfolio Ma... |
| 5/24/2022 - Tadawul-listed companies reported SAR 184.71 billion aggregate net profit for the first quarter of 2022, a rise of 73%, or SAR 77.88 billion, from SAR 106.83 billion in the year-ago period, extending ... |
| 4/26/2022 - The Arab Petroleum Investments Corporation (APICORP), an energy-focused multilateral financial institution, has won ESG Bond Deal of the Year at the Bonds, Loans & Sukuk Middle East Awards. ... |
| 3/20/2022 - The Saudi Arabian Oil Company has announced its full-year 2021 financial results, reporting that net income more than doubled year-on-year to $110.0 billion. Aramco declared a fourth quarter dividend ... |
| 3/16/2022 - ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants, today announced its full-year 2021 financial results, demonstrating str... |
| 3/14/2022 - Sadara Chemical Company (Sadara) recently announced its 2021 financial performance, stating that the company’s sales reached SAR 17.6 billion — 67.7% higher than in 2020 and reflecting an important mi... |
| 3/9/2022 - Advanced Petrochemical Company (“ADVANCED”) has announced to its shareholders that Advanced Polyolefins Industry Company, a Subsidiary company (“APOC”), has signed a Loan Agreement with the Saudi Indu... |
| 3/1/2022 - Data Gumbo, the industrial smart contract network company, has announced the launch of an office in Khobar, Saudi Arabia. The new location will accelerate regional traction with leading industrial en... |
| 2/3/2022 - SABIC has announced its revenue for the fourth quarter of 2021 reached SAR 51.28 billion )$ 13.67 billion(, an increase of 17% compared with the third quarter of 2021, and a 56% increase year-on-year.... |
| 2/2/2022 - SABIC has announced a 16% year-on-year increase in its estimated brand value which now stands at US$4.67 billion. The increase, confirmed in new reports by independent consultancy Brand Fi... |
| 2/1/2022 - Aramco officially announced the launch of Prosperity7 Ventures, a one-billion-dollar Venture Capital fund. The fund has been operational for over a year, but was launched officially by Aramco Chief Te... |
| 1/24/2022 - Aramco’s supply chain resilience has been further enhanced by the signing of 50 new Memoranda of Understanding (MoUs) at the In-Kingdom Total Value Add (iktva) Forum and Exhibition. The 6th... |
| 10/31/2021 - The Saudi Arabian Oil Company has announced its third quarter financial results, recording a 158% year-on-year (YoY) increase in net income to $30.4 billion and declaring a dividend of $18.8 billion t... |
| 10/28/2021 - SABIC has reported its earnings for the third quarter of 2021. The company’s revenue for the third quarter reached SAR 43.70 billion ($ 11.65 billion), representing an increase of 3% compared to the p... |
| 9/27/2021 - - The JV formed in 2018 to enhance the overall value of Jazan refinery and integrated gasification combined cycle power plant, aiding in transforming the Jazan Province by positioning Jazan Economic C... |
| 9/13/2021 - The Arab Petroleum Investments Corporation (APICORP), an energy-focused multilateral development bank today unveiled its new ESG policy framework. The launch of the framework comes as part of APICORP... |
| 6/17/2021 - The Saudi Arabian Oil Company has successfully raised $6 billion, following the sale of US dollar-denominated Shariah-compliant securities to leading institutional investors. The issuance ... |
| 6/15/2021 - ACWA Power, a leading Saudi developer, investor and operator of power generation and desalinated water plants in 13 high-growth markets, has successfully raised SAR 2.8 billion, through a senior, unse... |
| 11/12/2020 - Further to the recent discussions with IMI regarding deferral of Lamprell's equity contribution to the Saudi maritime yard joint venture to H2 2021, Lamprell is pleased to announce that it has agreed ... |
