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Sunday, 8 November 2026 Reading Room

Business

Alkhaleej Training Swings to Loss in Q3 2026

Riyadh, Saudi Arabia — Alkhaleej Training and Education posted a net loss of 7.8 million SAR attributable to shareholders in the third quarter ending September 30, 2026. That compares to a net profit of 12.7 million SAR in the same quarter a year earlier — a swing of 20.5 million SAR. For the nine-month period, […] The post Alkhaleej Training Swings to Loss in Q3 2026 appeared first on The Saudi…

saudistandard.com ·

We haven't written up this one. The Saudi Standard has the full story — the link below goes straight to it.

Read the original at saudistandard.com →

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Almunajem Foods Flags Minor Tariff Cost Rise

Riyadh, Saudi Arabia — Almunajem Foods Company expects revised electricity and water tariffs to raise its annual operating costs by roughly 0.08% of net revenue, effective January 1, 2027.

  • Almunajem Foods expects 0.08% increase in operating expenses in 2027.
  • Tariff revision in Saudi Arabia triggers mandatory impact assessments.
  • Company aims to offset increase through operational efficiency.

·saudistandard.com

Raoom Trading Posts 10.84M SAR Nine-Month Loss

Riyadh, Saudi Arabia — Raoom Trading Co. swung to a net loss of 10.84 million SAR for the nine months ending September 30, 2026, compared to a net profit of 6.96 million SAR in the same period a year…

  • Raoom Trading Co. reported 10.84M SAR net loss over nine months.
  • Loss due to 20.23M SAR fair value losses on financial assets.
  • Operating profit increased 3.7% to 12.77M SAR.

·saudistandard.com

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