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- Bahrain celebrates National Day with pride and in style
- Binghatti, Mercedes-Benz unveil $8.2bn multi-tower branded city in Dubai
- Asian markets retreat ahead of US jobs as tech worries weigh
- Gulf Bank celebrates graduation of the first cohort of its Risk Academy
- Northern Saudi Arabia Offers 240 Investment Opportunities Worth $10.6 Billion
- Indian Rupee breaches 91-mark against USD amid foreign outflows
- Commercial Bank invites customers to visit its booth at The Avenues mall
- Boursa Kuwait welcomes listing of Action Energy Company in its 'Premier' Market
- Mawani Signs 3 MoUs with Global Shipping Lines to Support Saudi Exports
- Oman's central bank rolls out partial payment cheque clearing system
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 |
17/12/2025
Gulf Bank announced the graduation of the first cohort of its Risk Management Academy, launched in collaboration with Gulf University for Science and Technology (GUST), marking a step that reflects t
Kuwait Times
17/12/2025
Commercial Bank of Kuwait announces its presence at The Avenues mall - Phase 2 - during the weekend, from Thursday, December 18 until Saturday, December 20, 2025. The bank invites young customers and
Kuwait Times
17/12/2025
Fitch Ratings has upgraded OQ Group's long-term issuer default rating (IDR) to 'BBB-' from 'BB+', with a stable outlook. The upgrade follows a similar action on Oman's sovereign rating on December 8,
Muscat Daily
17/12/2025
Mosanada Facilities Management Services Q.P.S.C. ("Mosanada" or the "Company"), announces the completion of its Direct Listing on the Qatar Stock Exchange ("QSE") Main Market on December 15, 2025. On
The Peninsula
16/12/2025
National Investments Company (NIC) announced the completion of the private placement and the successful listing procedures of Action Energy Company on the Premier Market of Boursa Kuwait, following t
Kuwait Times
Financial Information Co.
Saudi Arabia