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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 launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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