Saudi Stock Exchange

Rentals drive mixed fortunes for Tadawul-listed Saudi developers
Red Sea International Co revealed a 23.2% decline in rental sales during Q3 2017, while
Saudi's Emaar The Economic City's Q3 revenue drops 54%
The developer's revenues for the first nine months of 2017 were valued at $216m, a
Saudi developer Al Akaria forms project management firm
Hanmi Project Management has been formed with $1m in initial capital from Al Akaria and
Saudi-listed Al-Khodari reports 88% drop in Q3 contract awards
The listed contractor's backlog was valued at $693m at the end of Q3 2017, a
Saudi: Dar Al Arkan's Q3 net profit up 21%
The company said that the increase in profit was mainly due to the higher revenues
Saudi's Dallah Hospital over budget by $100m
Rising land and building material values have increased the total cost of the Riyadh project,
Dar Alarkan reveals drop in profits
Financial results blamed on reduction in housing sales

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Construction Week - Issue 765
Jun 29, 2020