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Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

How major Arab economies performed since 1975

  • The region's dynamics have changed a lot due to oil exports from 1975 to 2021.
  • The Arab countries are now among top-world investors in high-tech companies

Arab countries have earned a prominent positions in the global economy. They are no more known as the providers of only oil and petroleum-derived products.

The region has now become a top-world investor in high-tech companies across the globe.

At a time when the future of the global economy is going to change following the trends from regional economies, TRENDS Infographic of this week reviews the region’s performance in terms of GDP growth between 1975 and 2021.