Browse
related articles
Saudi exchange finishes volatile week with a small happy-end
- Saudi Arabia: Wednesday, November 28 - 2012 at 21:47
The Tadawul All-Share Index rose 1.09% to reach 6,533.14 points as Sabic stabilised at SR87.25 (up 0.30%). Earlier in the day, Sabic published its first sustainability report. Saudi Arabian Mining Co. or Ma'aden gained 0.65%, finishing at SR32.20. After the close of trading, Ma'aden said its affiliate, Sahara & Maaden Petrochemicals Company (SAMAPCO), has signed a Sharia complaint financing agreements for a total amount of SR1.98bn ($528.2m). The agreements were signed with three Saudi banks: The Saudi British Bank, Banque Saudi Fransi and Riyad Bank, to provide the financing for the development of SAMAPCOs Ethylene Dichloride and Caustic Soda petrochemical project located in Jubail Industrial City.
Related Content
Article Options
Gérard Al-Fil, Financial JournalistWednesday, November 28 - 2012 at 21:47 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / 4C.
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
