VOL. XLVI

No 33

18-August-2003

SAUDI ARABIA

BUDGETS AND REVENUES

Saudi Corporate Earnings Record Strong Growth In First Half 2003, Says NCB

Saudi corporate earnings have recorded strong growth in the first half of 2003, with the 51 largest companies of the 69 Saudi listed companies recording an 86.6% increase against first half profits from 2002, according to a report in National Commercial Banks (NCBs) Market Review and Outlook of 2 August. Of the 51 companies (which together account for over...