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Alpha Dhabi H1 profit $1.79bn

Adjusted EBITDA rises to $2.36bn.

Borouge Q2 net profit $193m

The H1 revenue stood at $2.72 billion.

ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

Saudi Top to list on Nomu

Established in 2006, Saudi Top Trading Co. is one of the leading suppliers of chemicals and plastics in Saudi Arabia.
By TRENDS Desk
October 17, 2022 3:18 pm
  • According to a bourse filing, this represents around 22 percent of Riyadh-based Saudi Top’s share capital
  • The end price of the offering is expected to be determined once the book-building process for the offering has been completed

Riyadh, Saudi Arabia—Saudi Top for Trading Co. will list 880,000 ordinary shares through an initial public offering on Nomu.

According to a bourse filing, this represents around 22 percent of Riyadh-based Saudi Top’s share capital.

The end price of the offering is expected to be determined once the book-building process for the offering has been completed.

According to the statement, .the offering period will run from Nov. 27 through Dec. 31 for qualified investors.

The company was previously approved by the Saudi Exchange and the Capital Market Authority to float its shares.

Established in 2006, Saudi Top Trading Co. is one of the leading suppliers of chemicals and plastics in Saudi Arabia.

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