INSEAD Day 4 - 728x90

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Nayifat CEO resigns

  • Al-Sowailem held the position of managing director and has resigned from his membership in the board of directors and committees
  • The company said it will announce any further developments relating to the appointment of a new or acting CEO at the earliest opportunity

Abdulmohsen Abdulrahman Musaed Al-Sowailem, CEO of Nayifat Finance Co., has resigned from his job, according to a company statement.

Al-Sowailem, who also held the position of managing director, has resigned from his membership in the board of directors and committees due to “his personal circumstances,” it said in a bourse filing

The company said it will announce any further developments relating to the appointment of a new or acting CEO at the earliest opportunity.