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Germany to deliver patrol boats to Saudi Arabia amidst public execution protests
2016-01-28 01:00:00| Naval Technology
Germany's Bremen-based dockyard Luerssen has reportedly commenced construction of 15 patrol vessels for Saudi Arabia amidst global condemnation of the Middle East country's public executions.
Tags: public
germany
deliver
arabia
Oil firm Saudi Sabic's quarterly profit drops 29%
2016-01-18 02:33:38| Chemicals - Topix.net
Saudi Basic Industries Corp., one of the world's largest petrochemical companies, on Sunday posted a 29.4% drop in quarterly profit as sales prices for its products fell. The company, better known as Sabic, made a net profit of 3.08 billion riyals for the three months period ending Dec. 31, down from 4.36 billion riyals for the same period last year, it said in a brief statement posted on the local stock market's website.
Tags: firm
oil
profit
quarterly
Varian ProBeam Proton Therapy System First to Receive Saudi FDA Authorization
2016-01-15 11:31:11| Industrial Newsroom - All News for Today
RIYADH, Saudi Arabia - Varian Medical Systems (NYSE: VAR) has announced today its ProBeam proton therapy system is the first such system to receive Saudi FDA medical devices marketing authorization. "We are pleased to have the opportunity to make life-saving proton therapy treatments available to cancer patients...
Tags: system
receive
therapy
saudi
Mideast Stocks-Petrochemical stocks may boost Saudi; buyers wary
2016-01-12 09:18:11| Chemicals - Topix.net
Jan 12 Petrochemical stocks could bolster Saudi Arabia's benchmark on Tuesday, while other Middle East bourses will be lacklustre as selling pressure ebbs and buyers await fourth-quarter results. Saudi Basic Industries may extend gains, following Monday's 3.3 percent climb, after the company said production at an affiliate's polyacetal plant will start in 2017.
Tags: buyers
saudi
stocks
boost
Saudi Aramco: Bigger Oil, Bigger Trouble
2016-01-10 23:41:39| Oil & Gas - Topix.net
The largest energy company that investors can easily own is Exxon Mobil. It is by most standards massive, having rivaled Apple for the global market-value crown before the latest commodity swoon.
Tags: oil
trouble
saudi
bigger
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