Search Site

Trends banner

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Salaries of Saudi staff leap up 5.2 percent in Q2, expats earned lesser

Monthly salaries of Saudi workers have grown by 5.2 percent to SAR 10,490.
  • On a quarterly basis, the salaries declined by 1.03% when compared to their level in Q1-21 at SAR 10,600
  • Meanwhile, the average monthly salaries paid to expatriates in the kingdom fell by 1.08% YoY to SAR 4,091 in the April-June period

Average monthly salaries of Saudi workers have grown by 5.2 percent to SAR 10,490 during the second quarter of 2021, compared to SAR 9,970 in Q2-20.

On a quarterly basis, the salaries declined by 1.03% when compared to their level in Q1-21 at SAR 10,600, a report released by General Authority for Statistics (GaStat) showed.

Meanwhile, the average monthly salaries paid to expatriates in the kingdom fell by 1.08% YoY to SAR 4,091 in the April-June period, compared to SAR 4,136 in the year-ago period.