Riyadh Cables, a leading manufacturer of wires and cables in Saudi Arabia, has achieved strong profitability growth in FY2023, increasing the bottom-line by 47% to hit SAR518 million ($138 million) mainly led by unwavering cable demand.
The value of private sector investments in portfolio companies and projects affiliated with the Public Investment Fund (PIF) amounted to $25.6 billion as of Q3 2023, announced Governor Yasser al-Rumayyan. Rumayyan was speaking at the second edition of the PIF Private Sector Forum, which began on Tuesday at the King Abdulaziz International Convention Center in Riyadh, aiming to strengthen partnerships and showcase opportunities for local cooperation in strategic sectors.
Closing Bell: Saudi main index rises 62 points to close at 12,122 arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.
Closing Bell – Saudi Arabia s main index continues its upward trend to close at 11,813 arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.