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SAUDI KAYAN
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Riyadh – Mubasher: Saudi Kayan Petrochemical Company has appointed Metab Zaid Al Shahrani as the company's CEO, effective 24 July 2022.
Al Shahrani succeeded Omar Ali Al Ruhaily, who occupied another position in the manufacturing sector at Saudi Basic Industries Corporation (SABIC), according to a press release on Wednesday.
It is noteworthy to mention that during the first quarter (Q1) of 2022, Saudi Kayan posted an annual drop of 57.52% in net profits after Zakat and tax to SAR 209.38 million, compared to SAR 492.90 million.
Source:
Mubasher
