This is a temporary backup site for TRENDS MENA while our primary website is being restored following a regional disruption affecting Amazon Web Services cloud infrastructure in the GCC.

Search Site

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

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.

Most of Saudi employers to add to workforce in 2022: Hays

  • The Hays report noted that 43 percent of employers intended to expand their workforce in 2021, while it was just 29 percent in 2020
  • The research report suggests that 2022 may face a drought in hiring employees who fall under technology, managerial, and leadership

Some 80 percent of Saudi Arabia’s employers are considering to add to their workforce in 2022, with a reasonable decline in the rate of coronavirus infection in the kingdom and beyond in the GCC.

According to the Hays Saudi Arabia Salary Guide 2022 report, 79 percent of employers in the Kingdom are feeling positive about the outlook of business this year, and this factor compels them to increase the headcount.

The Hays report noted that 43 percent of employers intended to expand their workforce in 2021, while it was just 29 percent in 2020, primarily due to the impact of the pandemic in the world of business.

“Two years on from the pandemic, the job market in Saudi Arabia has certainly bounced back,” said Aaron Fletcher, Business Manager at Hays Saudi Arabia.

“New and ongoing initiatives surrounding Vision 2030 and the PIF mega projects are driving growing opportunities in the job market, as well as multiple start-ups and MNCs establishing headquarters in the region,” he added.

Fletcher also noted that several companies are entering the market to secure their place and establish a market share ahead of the anticipated boom.

The research report suggests that 2022 may face a drought in hiring employees who fall under technology, managerial, and leadership.

Hays report added that the job roles most in-demand include business development directors, digital transformation specialists, senior legal professionals, and design and pre-design construction professionals.