Saudi Top 100 List Released in 2012

Drying equipment

Saudi Arabia’s “Economics” published an exclusive feature magazine to select the top 100 companies in Saudi Arabia in 2012. The top ten rankings were: SABIC, STC, Saudi Power, Ahli Bank , Rajah Bank, Samba Financial Group (SAMBA), Riyadh Bank, Rabig Petrochemicals, Safari Bank, and Shaying Bank. The total revenue of the top 100 companies reached 536 billion riyals (approximately US$142.9 billion), with a total profit of 920 billion riyals (approximately US$24.53 billion), of which the top ten companies earned a total of 382 billion riyals, and their profits reached 650 billion riyals. Eighty-seven of the top 100 companies are joint-stock companies, an increase of 42.6% from 61 companies five years ago. The petrochemical industry, telecommunications industry and banking industry are the three industries with the highest income.

Wood Relief CNC Router

When woodworkers talk about CNC cutters, they are most often referring to Cnc Routers. To understand what routers can and can`t do, it is important to note that they cut with friction. A cylindrical bit resembling a drill bit with sharp sides spins at high speeds and carves away unwanted material. Unlike a drill, however, a router can cut both in and out and side to side.

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