The wider losses were attributed to a SAR 2 million year-on-year (YoY) increase in general and administrative expenses (G&A), and a high loss from the effect of adjusting the cash flows of financial ...

The S&P 500 index rose 0.56% to 5,611 points, while the Nasdaq Composite lost 0.14% to close at 17,299 points. As for European markets, the STOXX Europe 600 dropped 1.51% to 533 points.

The Ministry of Commerce approved the regulations of the Trade Names Law and the Commercial Register Law, according to Umm Al ...

Nama Chemicals earns SAR 11.7M in 2024; SAR 41M in Q4 on provisions reversal ...

Before minority interest, the company recorded net earnings of SAR 4.1 million against net losses of SAR 23.1 million in 2023. The higher losses were attributed to amortization of non-tangible assets.

The company attributed these losses to a decline in topline, due to the exclusion of a subsidiary’s revenue and lower demand for some of the company’s main crops. The company reported an impairment ...

The wider losses were mainly due to the allocation of a SAR 100 million provision for the warranty liability of a Saudi Industrial Development Fund (SIDF) loan to Al Reef Sugar Refining Co. (RESRECO).

Mortgages provided to individuals and corporate clients by commercial banks in Saudi Arabia increased by 15% to around SAR ...

Saudi Crown Prince Mohammed bin Salman directed the implementation of several measures to balance the real estate market in ...

Sultan, CEO of the Royal Commission for Riyadh City (RCRC), said the authority will start immediately to implement Crown ...

However, revenues declined to SAR 671.7 million in 2024, compared to SAR 818.2 million in 2023, primarily due to a fall in sales volume following the discontinuation of certain non-strategic ...

ArgaamFinancial Portal congratulates its clients and daily visitors on the occasion of Eid Al-Fitr. Argaam.com also reminds ...