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- ADX names Mena start-up Thndr as remote retail trading member
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- Burjeel reports 129% increase in Q2 net profit, revenue grows 18.7%
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27/04/2015 06:35 AST
Saudi Arabia's National Industrialisation Company (Tasnee) said it has chosen Taiwan's CTCI and Japan's Chiyoda Corp to build a titanium sponge plant for its majority-owned Cristal subsidiary.
The two contractors are expected to finish construction of the plant in Yanbu on the Red Sea coast in the first half of 2017, with trial and commercial operations due in the third quarter of that year, Tasnee said in a statement on Sunday.
The plant, which will cost an estimated $290 million, is to have an annual capacity of 15,600 tonnes. Titanium sponge is an intermediate product that is purified into ingots and mill products.
Tasnee and Cristal each have a 32.5 per cent stake in the project, while Toho Titanium has 35 per cent.
Reuters
18/04/2016
Saudi Arabia's National Industrialization Co (Tasnee) posted a narrower first-quarter net loss, beating analysts' forecasts due to higher sales volumes and not suffering the same negative impact from
Reuters
20/10/2015
Saudi Arabia's National Industrialization Co. (Tasnee) swung to a loss in the third quarter as it was hit by both lower sales and prices.
Tasnee, which had reported losses in the preceding t
Arab News
21/04/2015
Saudi Arabia's National Industrialization Company (Tasnee) said on Monday it would cut costs and revise foreign exchange and derivatives contracts at a subsidiary after swinging to a first-quarter lo
Reuters
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| MAADEN | 52.20 | 0.00 (0.00 |
| SABIC | 57.95 | 0.30 (0.52 |
| SABICAGRINUTRIENTS | 120.10 | -0.10 (-0.09 |
| LIMEINDUSTRIES | 13.08 | 0.28 (2.18 |
| APICO | 43.00 | 5.58 (14.91 |
08/08/2025
Burjeel Holdings, a leading super-specialty healthcare services provider in MENA, has delivered a strong top-line growth of 18.7% to AED1,403 million ($381.98 million) in Q2 2025, driven by a 12.1% i
Trade Arabia
08/08/2025
Saudi Arabian Mining Company (Maaden) has reported a 73% jump in its net profit for the first half, which soared to SAR3.47billion ($924 million) from SAR2.01 billion ($535 million) last year, mainly
Trade Arabia
08/08/2025
Market heavyweight Industries Qatar (IQ) - the holding entity of Qatar Petrochemicals, Qatar Fertiliser and Qatar Steel - has reported net profit of QR2bn in the first half (H1) of 2025.
The
Gulf Times
08/08/2025
Aramex reported group revenues of Dh3.06 billion for the first half of 2025, marking a 1% year-on-year increase, as growth in domestic and regional logistics offset weakness in international express
Gulfnews
08/08/2025
Parkin Company PJSC, the city's largest paid public parking provider, reported a record 56% year-on-year rise in Q2 2025 revenue to Dh320 million, driven by higher public parking tariffs, strong enfo
Gulfnews
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