RIYADH: Saudi Arabia’s Tadawul All Share Index on Monday gained 41.15 points or 0.38 percent to close at 10,765.77. While MSCI Tadawul 30 Index edged up 5.96 points to close at 1,492.47, the parallel market Nomu slumped 104.49 points to end at 19,352.32. TASI’s total trading turnover on Monday was SR3.43 billion ($910 million), with 91 stocks of the listed 223 advancing
RIYADH: A new SR100 million ($26.59 million) plastics factory is set to be built in the Rabigh Plastics Technology Complex after Saudi Top Trading Co. signed a memorandum of understanding with Rabigh Refining and Petrochemical Co., also known as Petro Rabigh. The factory will be built in two phases, the first costing SR60 million while the second will cost SR40 million,
Rabigh Refining and Petrochemical Company (Petro Rabigh) has signed a memorandum of understanding with Saudi Top for Trading Co for the establishment of a factory in the Rabigh PlusTech Park.
Petro Rabigh has launched an initiative to plant 10,000 mangrove saplings in line with the Saudi Green Initiative and the UN’s sustainable development goals. The first phase of the initiative targeted the plantation of 1,000 saplings along the Kharar Bay in Rabigh governorate, covering an area of more than 70,000 square meters. Company employees and their family members took