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Masdar issues $1bn bond

Its green bond program hits $2.75 billion.

Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Nadec appoints new CEO

Nadec, founded in 1981, is headquartered in Riyadh. Twitter
  • Hadsbjerg resigned for "personal reasons", and also left the company's board, according to a bourse statement
  • The National Agricultural Development Company is one of the biggest agricultural and food-processing share stock companies in the MENA region

The National Agricultural Development Co., better known as Nadec, appointed Solaiman Abdulaziz Altwaijri as CEO following the resignation of Steen Hadsbjerg.

Hadsbjerg resigned for “personal reasons”, and also left the company’s board, according to a bourse statement.

Altwaijri has been a member of the current Board since Nov. 1 and has held various leading positions, the last of which was CEO of Saudi Arabian Amiantit Co.

The National Agricultural Development Company is one of the biggest agricultural and food-processing share stock companies in the Middle East and North Africa.

It was founded in 1981 and is headquartered in Riyadh.