INSEAD Day 4 - 728x90

Business

Sanad posts record revenue

Growth driven by global demand for services.

Bank of Sharjah profit up 39%

Bank's total assets grow 10% to $14.4 billion.

DIB H1 net profit $1bn

Gross revenue increased 10% year on year

SIB H1 profit up 15.3%

Total operating income rises 20.5 percent.

flydubai Aleppo flights resumed

The flights were resumed after nearly 14 years.

SABIC stock leaps up to 7-year high, trades at SR134.60

SABIC operates in the petrochemical, fertilizer, iron, steel and aluminum industries.
By TRENDS Desk
October 17, 2021 4:22 pm
  • The stock is currently trading up just under 1 percent, with trading exceeding 500,000 shares so far
  • Today’s rise has pushed the stock up a staggering 120 percent since March 2020

For the first time in nearly seven years, the stock of Saudi Basic Industries Corporation (SABIC) has touched its highest level at SR134.60 on Sunday, according to Argaam.

The stock is currently trading up just under 1 percent, with trading exceeding 500,000 shares so far.

Today’s rise has pushed the stock up a staggering 120 percent since March 2020.

The Saudi company operates in the petrochemical, fertilizer, iron, steel and aluminum industries with Saudi Aramco the largest investor, with a share of 70 percent.

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INSEAD Day 4- 300x600
INSEAD Day 4- 300x600
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