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Nadec turns profitable in Q3, incurs losses in nine months

Nadec swings to Q3 net profit; regional sales up 1 7pc

Nadec, a leading Saudi agricultural food-processing company, has posted solid results for Q3 mainly due to its sales growth. Its net profit for the three-month period hit SR3.2 million (854,806) compared to a net loss of SR45 million ($12 million).

Nadec swings to Q3 net profit; regional sales up 1 7pc

Nadec, a leading Saudi agricultural food-processing company, has posted solid results for Q3 mainly due to its sales growth. Its net profit for the three-month period hit SR3.2 million (854,806) compared to a net loss of SR45 million ($12 million).

Engie s Saudi CEO sees thousands of new hires as Kingdom pushes for more renewables

RIYADH: The chief executive of ENGIE in Saudi Arabia says that the number of renewable energy projects in the Kingdom means that the power giant will need several thousand recruits over the coming years to cope with demand. In an interview with Arab News he says: "Our growth expectations are continuing to meet our customers' needs. We operate today in 17 cities and the main

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