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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.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

Saudi-China relations warm up with strategic deals

The Saudi-China relations have warmed up further in the recent past.
  • A recently reached Comprehensive Strategic Partnership Agreement has further enhanced the historical friendly relations between Saudi Arabia and China.
  • The two sides had recently signed several agreements and MoUs to enhance bilateral ties to serve the interests of the two countries and their people.

RIYADH, Saudi Arabia — Saudi King Salman bin Abdulaziz Al Saud of Saudi Arabia and Chinese President Xi Jinping last month co-signed a Comprehensive Strategic Partnership Agreement between the two countries.

They had also reviewed the historical friendship relations between the Saudi Arabia and China, and ways to enhance them to serve the interests of the two friendly countries and peoples in various fields.

Here is the current status of the relations between the two countries.