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- Bahrain All Share Index, Islamic Index close higher
- 'Get me out': Traders dump software stocks as AI fears erupt
- Saudi retail sector 'booming,' industry experts confirm at RLC Global Forum
- QNB puts in place a robust and dynamic cybersecurity framework
- Equities and precious metals rebound after Asia-wide rout
- NBK launches HR Business Partner Excellence Program jointly with Strategy Focused Group
- AD Ports gets $115m funding to advance Safaga terminal in Egypt
- Oman hosts IFSB Summit on future of Islamic finance
- Oman's refinery production rises 12.5% in 2025
- Acwa Power consortium signs $4.1bn Kuwait Az Azour IWPP project deal
29/12/2015 10:01 AST
With reference to the Ministerial Resolution dated Monday 17 Rabi Al-Awwal 1437 corresponding to December 28, 2015 regarding the increment of the Gas Price that increased from 0.75 $/MMBTU to from 1.25 $/MMBTU, with additional increase from electricity charges , the company wishes to announce to its shareholders and investors the expected financial impact from this increase in prices will be around SAR 30 million per year. Such impact will be reflected on the financial results of 2016, and this will represent an additional cost of production of about 5 % compared to 2015.The company will act according to the directives from the Board of Directors to exert all possible efforts to contain these changes specially in accordance with the prevailing low prices for our products that has already impacted negatively due to lower oil prices and the fluctuations of the global economic situations, and to enhance the efficiency of production and rationalize the expenses and to enhance the spirit of the creativity for the betterment of the performance.
Tadawul
30/08/2016
Saudi Arabia's Methanol Chemicals Co. (Chemanol) has refinanced total Shariah-compliant debt worth SR636.7 million ($169.8 million), according to a bourse statement. Refinancing includes SR327.7 mil
Arab News
13/07/2014
Chemanol announces that on Friday 14/09/1435 H. corresponding to 11/07/2014 afternoon a limited fire has broken out at its Paraformaldehyde Unit located in Jubail Industrial City. The fire has been c
Tadawul
23/04/2014
Further to the announcement published on Tadawul's website on 20-04-2014 related to the beginning of the non-scheduled shutdown of its Methanol plant Methanol Chemicals Company announces addendum to
Tadawul
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| MAADEN | 59.55 | 0.00 (0.00 |
| SABIC | 54.95 | 0.00 (0.00 |
| SABICAGRINUTRIENTS | 116.00 | 1.00 (0.86 |
| YANSAB | 30.42 | -0.10 (-0.33 |
| LUBEREF | 94.70 | 0.75 (0.79 |
04/02/2026
QNB has put in place a robust and dynamic long-term cybersecurity framework using the latest available technologies, including AI or artificial intelligence, which will play a greater role in future,
Gulf Times
04/02/2026
In a step that reflects its ongoing commitment to developing human capital and enhancing its key role in supporting corporate performance, National Bank of Kuwait announced the launch of the HR Busin
Kuwait Times
04/02/2026
AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, said it has finalised a $115 million project finance facility to support the development of the Noatum
Trade Arabia
04/02/2026
Saudi utility giant Acwa Power has announced that its consortium - Gulf Alliance for Power and Water - has signed an energy conversion and water purchase agreement for the Az-Zour North Phase 2 & 3
Trade Arabia
04/02/2026
Aldar and Mubadala Investment Company have completed a strategic joint venture to create a premier retail platform that will anchor the next phase of Abu Dhabi's evolution as a global destination for
Trade Arabia
Financial Information Co.
Saudi Arabia