30.1 C
Riyadh
Sunday, May 22, 2022
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Logo of MSCI MSCI Inc affirmed to Argaam that Sahara International Petrochemical Co. (Sipchem) was among the constituents of MSCI Saudi Arabia Standard Index. The provider of research-based indexes and analytics, announced the results of its May 2022 Semi-annual Index Review. The total number of index constituents stands at 37. Saudi Companies in MSCI Saudi Arabia…
Agree Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here. Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Logo of Saudi Coffee Co. The Public Investment Fund (PIF) announced today, May 15, the launch of the Saudi Coffee Co. (SCC). The company has been established to enable Saudi Arabia’s coffee bean to be a global product in the future.    Over the next 10 years, SCC intends to invest nearly SAR 1.2 billion in the national coffee industry to…
Agree Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here. Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Logo of The Future Investment Initiative (FII) The Future Investment Initiative (FII) will host the Inclusive ESG for Emerging Markets summit, at Rosewood London, on May 20. The summit will bring together international investors, world leaders, thought leaders, policy makers, global CEOs, and heads of sustainability. The event will discuss the future of environmental, social and…
Chairman of SABIC Agri-Nutrients Co., Abdulrahman Shamsaddin SABIC Agri-Nutrients Co. reported one of the highest quarterly profits in the first quarter of 2022, Chairman Abdulrahman Shamsaddin told Argaam in an interview, ascribing this rise to higher sales volumes and average selling prices, which were positively reflected on the company’s performance.   The average prices of urea and ammonia soared 186%, compared…
16/05/2022 Argaam Exclusive Wataniya Insurance Co. reported a SAR 24.6 million loss for Q1 2022, from a net loss of SAR 19.3 million a year earlier. Current Quarter Comparison (M) Item Q1 2021 Q1 2022 Change‬ Gross Written Premium (GWP) 308.42 267.73 (13.2 %) Net Profit Before Zakat & Tax (18.49) (24.09) (30.3 %) Net…
Saudi German Health CFO Madani Hozaien Middle East Healthcare Co. (Saudi German Health) will gradually add more than 450 beds and 150 clinics to the group’s operational capacity during the current year, CFO Madani Hozaien told Argaam in a phone call today, May 16.    Makkah Hospital will be opened before Hajj season, specifically in early June, while two…
16/05/2022 Argaam Exclusive Dur Hospitality Co. reported a surge in Q1 2022 net profit after Zakat and tax to SAR 12.8 million, from SAR 1.9 million in the year-ago period. Current Quarter Comparison (M) Item Q1 2021 Q1 2022 Change‬ Revenues 100.18 145.66 45.4 % Gross Income 2.79 35.21 1162.3 % Operating Income (1.79) 23.32…