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In "BUSINESS"
RIYADH — SABIC recorded 10.71% rise in profits on improved prices, increased production, reduced operational costsSABIC has announced strong third quarter results, building on improved prices, reduction in operational costs, increase in production levels, and enhanced manufacturing reliability.In comments after announcing the results at a press conference at SABIC headquarters in Riyadh on Oct. 30, Yousef Al-Benyan, SABIC Vice Chairman and CEO, stressed that a reduction in operational and administrative costs contributed to enhancing the company’s position in the market. “The impact of these cost reductions were clearly reflected in the Q3 financial results. We are leveraging the outcome of our transformation program to further enhance the company’s strong position,” he said,...
November 01, 2017
SABIC posts strong
results in 3rd quarter
November 01, 2017
Experts address safety,
reliability of nuke energy
November 01, 2017
‘Great Workplaces List Saudi Arabia 2017’ to be unveiled in Dec.
November 01, 2017
Majority of professionals
in MENA opt for career
development than jobs
November 01, 2017
Dire consequences
for violators of VAT
October 31, 2017
Fossil store opens
at Red Sea Mall
October 31, 2017
Citymax Hotels bags
top industry award
for 4th year in a row
October 31, 2017
Ring enters Saudi Arabia
with Al Jammaz as partner
October 31, 2017
Dadabhai voted ‘Bahrain’s
Leading Travel Agency ’17’
October 31, 2017
Barclays names new
head of Private Bank
& Overseas Services
