RIYADH: Saudi-based conglomerate Savola Group posted a near-2 percent rise in third-quarter net profit on Monday, sharply below forecasts, after a rise in global sugar prices ate into its margins.
Savola, which owns the Middle East's biggest (...)
RIYADH: Saudi chemicals company SABIC said excess stocks should be less of a problem and prices were stabilizing in the second half as its shares fell on quarterly results that showed weak prices hurting profits.
At news conference on Monday (...)