Almarai posts nine percent jump in net profit to $112 million.
The Saudi dairy giant has recorded a 9-percent increase in profit for the first quarter of 2022 on the back of higher revenue.
Net profit rose to SR420 million ($112 million) from SR385 million a year ago, a bourse statement revealed.
Results were attributed to a hike in revenue of 23.6 percent and gross profit of 7.8 percent, even as selling and administration expenses went up.
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Abu Dhabi, UAE — Researchers at NYU Abu Dhabi (NYUAD) have developed an ingestible device that uses light to activate neurons in the gut. This new technology, called ICOPS (Ingestible…
Dubai, UAE — TRENDS’ yearly Special Issue is out. This year’s edition, titled Future of Humanity, explores key global shifts and brings together expert insights on old and new forces…
Some world leaders like Turkey's President Erdogan use the term genocide to describe Israeli actions in Gaza. Israel has also been accused of war crimes by rights organizations.
Improved farming techniques, better desalination technologies, awareness campaigns and global cooperation can mitigate the regions problems caused by water scarcity.
