INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Saudi exports leap up 40 percent to $6.2bn in June

  • Exports in June went up by 40 percent from a year ago
  • According to the Saudi Export Development Authority (Saudi Exports) the number in June includes exports of products worth SR21 billion

Saudi non-oil exports recorded a 40 percent jump, the highest-ever monthly level, in June 2021, touching $6.2 billion.

According to the Saudi Export Development Authority (Saudi Exports) the number in June includes exports of products worth SR21 billion, while the country made SR2.5 billion in re-exports of goods.

The statement said, “Exports in June went up by 40 percent from a year ago, when the country shipped exports with total value of SR16.8 billion.”

This year Saudi exports continued rising above the SR20 billion mark, the statement said. This comes at a time when the global economy is recovering from the pandemic, while the number of Saudi plants kept increasing beyond 10,000.