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Riyadh
Saturday, October 16, 2021
Logo of the Public Investment Fund The Public Investment Fund (PIF) signed a strategic agreement with Italy-based supercar maker Horacio Pagani SpA to acquire a stake in the company.  Under the agreement, the PIF will buy a minority stake in Pagani, the Italian carmaker said in a statement. The Pagani family will keep its holding in the company as a major shareholder, while the…
Minister of Environment, Water and Agriculture, Abdulrahman bin Abdulmohsen Al Fadley Minister of Environment, Water and Agriculture, Abdulrahman bin Abdulmohsen Al Fadley, said that food waste in Saudi Arabia reached more than 33%, amounting to SAR 40 billion annually. During the signing of an awareness campaign against food waste, as part of the national transformation…
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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
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
Saudi Arabia-based National Housing Co. (NHC) announced its plans to increase residential real estate supply in Riyadh, through constructing new integrated residential communities comprising more than 147,000 housing units that spread 83.5 million square meters (sqm), Saudi Press Agency reported.  The company plans to launch new communities spreading 40 million sqm in three Riyadh-based sites over the…
18/08/2021 Argaam Exclusive Alkhabeer REIT Fund reported a net loss of SAR 17.5 mln (SAR -0.17/unit) for H1 2021, versus net profit of SAR 29.5 million a year earlier, Alkhabeer Capital, the fund manager, said in a bourse statement today, Aug. 18, 2021. Funds from operations (FFO) reached SAR 31.1 million during the six-month period,…
As many as 29 Tadawul-listed companies are trading above three-month average, according to data compiled by Argaam. Ataa Educational Co. topped the list of companies trading above three-month average, followed by Abdullah Saad Mohammed Abo Moati for Bookstores Co. Companies Trading above 3-Month Average (Shares/Units) Company Trading average  (3-month) Today’s trading Variation Ataa Educational 353358…
18/08/2021 Argaam Exclusive Al-Babtain Power and Telecommunication Co. reported net profit after Zakat and tax of SAR 31 million in H1 2021, a decline of SAR 16%, from SAR 36.7 million in year-earlier period, driven by higher cost of sales. Q2 2021 net profit dropped by 31% year-on-year (YoY) to SAR 15.5 million, due to…
Saad Alkhalb, CEO of Saudi Arabia's EXIM Bank  Saudi Arabia's EXIM Bank approved more than 81 financing applications worth SAR 9 billion for over 46 countries, Saudi Press Agency reported, citing CEO Saad Alkhalb.    During the launch of the exporters financing round, Alkhalb said the event comes to activate the partnership between the bank and the…