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FINANCIAL NEWS
Retail companies in Saudi see a net-profit growth
30 Sep 2013
(MENAFN) Retail companies in Saudi Arabia registered a net-profit growth of 3 percent reaching about USD300 million by the end of the first six months of the current year, compared to USD290 million during the same period in 2012, according to Arab News.
The capitalization of the retail sector in the Kingdom forms 2.93 percent of its market value compared to listed companies on Tadawul, and worth about USD11.8 billion.
As the retail sector saw various results in net profits, Jarir Marketing registered a rise of 17.94 percent in the first half of the current year, while Othaim Markets’ net profit increased 13.24 percent.
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BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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