News tagged "Tadawul, al-khodari"

Class action lawsuit against members of Mohammad Al-Mojil Group (MMG)

Class action lawsuit against members of Mohammad Al-Mojil Group (MMG)

9th April 2019

According to *Constructionweekonline news report, Saudi Arabia’s financial regulator has accepted a request to register a class action lawsuit against members of Saudi Arabia's Dammam-based contractor Mohammad Al-Mojil Group (MMG), in relation to the group's 2008 initial public offering (IPO) on the kingdom's bourse, Tadawul.[..]

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Sreco posts US$ 8.23 mn net profit for Q2 2018

Sreco posts US$ 8.23 mn net profit for Q2 2018

13th August 2018

According to *Tradearabia news report, Al Akaria Saudi Real Estate Company (Sreco), one of the largest publicly listed real estate developers on the Saudi stock exchange (Tadawul), has posted SR30.27 million ($8.23 million) net profit for the second quarter, up 46.16 per cent over last year.[..]

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Late payments impacted Gulf’s contractors in 2017

Late payments impacted Gulf’s contractors in 2017

28th November 2017

According to *Constructionweekonline news report, late payments appear to have been a thorn in the side of the Gulf’s contractors this year, and the impact of delayed dues is visible in the financial performance of regional organisations.[..]

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