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Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Masar 2025 net profit $262m

Higher land plot sales boost revenue and operating income.

Tasnee’s 2025 losses deepen

The petrochemicals' company's revenue also fell 17.7 percent.

DP World 2025 revenue $24.4bn

The profit for the year up 32.2% to reach $1.96bn.

Saudi Arabia to host Under-21 World Snooker Championship in 2023

  • International Billiards and Snooker Federation has also agreed in principle to host the World Cup for Billiard and Snooker for men and women in Oct. 2024 for six balls and masters.
  • Hosting the championship is the kingdom's one more step towards the development and promotion of the sports sector in its pursuit to achieve the Saudi Vision 2030 goals.

Riyadh, Saudi Arabia- —Saudi Arabia will host the World Under-21 Snooker Championship for men and women in July 2023, SPA reported.

The championship is being hosted at the request request of the Saudi Arabian Billiard and Snooker Federation and the official approval was made during the meetings of the General Assembly of the International Billiards and Snooker Federation (IBSF), which was held during the past two days in Antalya, Turkey.

At the meeting, it was also agreed in principle that Saudi Arabia will host the World Cup for Billiard and Snooker for men and women in October of 2024 for six balls and masters.

Hosting the championship is the kingdom’s one more step towards the development and promotion of the sports sector in its pursuit to achieve the Saudi Vision 2030 goals.

Saudi Arabia has been betting heavily on sport, hosting Formula One, the Dakar Rally, a cycling tour, boxing title fights and the Spanish Supercup and is preparing a bid to co-host the 2030 World Cup.

Saudi investors have bought English football club Newcastle and are financing the breakaway LIV golf tour.

The desert kingdom was even awarded the 2029 Asian Winter Games, which will be hosted in the futuristic Neom megacity. Read here for the full story: Saudi to host Asian Winter Games in NEOM megacity

The Next World Forum, an esports and gaming forum that will bring together sector leaders and experts from around the world, will be held in Riyadh from 7 to 8 September 2022.

The forum will be held at the Four Seasons Hotel in Riyadh, where the global gaming and esports community will gather to discuss the development of this vibrant, economically flourishing, and collaborative ecosystem.