Saudi Electricity Companys (SEC) net loss was significantly more than its estimates.
Business & Management
Middle East countries see opportunity amid unrest
Recent uprisings in the Middle East and North Africa provide an opportunity for the region to lay the foundation for a socially inclusive growth agenda.
Ducab reports record sales in 2010
Ducab announced a record sales of US$0.9bn for 2010, representing a 51 per cent increase over the previous year and 47 per cent volume growth with full realisation of copper rod capacity during a press conference held in Dubai.
Maaden announces Q1 2011 preliminary results
Maadens net income came in at US$11.6mn compared to a reported profit of US$5.4mn in Q1 2010 according to a report by the Saudi bank, NCB Capital (NCBC).
Qatar Steel to build a new plant
Qatar Steel will build a new steel plant in the country to cope with the growing demand for steel in the Qatari market and the wider regional market.