Saudi’s AMAK awarded 4 licenses for copper, gold exploration
Saudi’s Al Masane Al Kobra Mining Co. (AMAK) announced that the Ministry of Industry and Mineral Resources has awarded it four exploration licenses for copper and gold in Al-Dawadmi, Riyadh. The company will conduct the necessary exploratory studies during the statutory period to ensure the availability of the required raw materials, it said in a […]
Hail Cement to pay $6.53mln dividends for H1-22
The board of Hail Cement Company has announced cash dividends distribution worth SAR 24.42 million for the first half (H1) of 2022, according to a recent bourse filing. The Saudi listed firm will disburse SAR 0.25 per share, accounting for 2.50% of the share nominal value, for 97.70 million eligible shares. Meanwhile, the eligibility […]
Batic Investments swings to $3.2mln losses in H1-22; accumulated losses announced
Batic Investments and Logistics Company turned to net losses after Zakat and tax worth SAR 11.88 million in the first half (H1) of 2022, versus net profits of SAR 131,242 in H1-21. The company generated revenues of SAR 210.08 million in H1-22, an annual drop of 11.25% from SAR 236.73 million, according to the […]