The petrochemical company reported a more-than-23% drop in its third-quarter profit to 1.6 billion Qatari riyals on Thursday.
The Qatari stock market remains exposed to corrections as natural gas prices could suffer a volatile week, according to Daniel Takieddine, CEO MENA BDSwiss. "The latter could be affected by the lack of processing capacity in Europe and higher-than-expected temperatures on the continent," he said. Outside the Gulf, Egypt's blue-chip indexEgypt aims to give income tax breaks to companies of as much as 55% for some, Prime Minister Mostafa Madbouly said on Tuesday.
Shares in Alexandria Container And Cargo Handling rose 7.3% after a 9.1% surge in the previous session. Earlier, the company recorded 669.20 million Egyptian pounds during the first-quarter of fiscal year, an yearly increase of 98.97% from 336.33 million Egyptian pounds.
Les ressources fossiles s'épuisent. Voir Jancovici.
MBS is a train wreck. An insecure and infantile despot, destroying his country, supplanting the Kingdom’s traditional governance, as he reshapes SaudiArabia into his own personal totalitarian regime. He has turned Saudi Arabia into an international embarrassment.