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America conducts 11th strike on Iran nuclear sites

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15 Hrs
America conducts 11th strike on Iran nuclear sites

Yen Hits 40-Year Low Amid Market Decline

اقتصاد سكاي نيوز عربيةاقتصاد سكاي نيوز عربيةاقتصاد سكاي نيوز عربية
16 Hrs
Yen Hits 40-Year Low Amid Market Decline

Wall Street rises on chip rally and tech earnings

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20 Hrs
Wall Street rises on chip rally and tech earnings

Saudi, Italy, Spain on Gulf and Red Sea navigation

معلومات مباشرمعلومات مباشرمعلومات مباشر
23 Hrs
Saudi, Italy, Spain on Gulf and Red Sea navigation

PepsiCo Signs Deals to Boost Iraq Manufacturing

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23 Hrs
PepsiCo Signs Deals to Boost Iraq Manufacturing
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Western Coast Boosts Yansab Profit

Western Coast Boosts Yansab Profit

Yansab, the National Petrochemical Company of Yanbu, achieved a 482% increase in its net profits in the second quarter of 2026, with earnings reaching 259 million SAR compared to 44.5 million SAR in the same period of the previous year. This growth was attributed to its strategic location in Yanbu, which helped mitigate the impacts of geopolitical conflicts in the Red Sea region. Meanwhile, losses continued for S‐akim and Kayan due to supply chain challenges and rising production costs, with S‐akim losing 592 million SAR and Kayan incurring a loss of 673 million SAR. These figures reflect the cumulative effects of inventory buildup and increased raw material prices on their financial results.

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