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stc Group Q1 net profit up 11.05%

The Group reported a revenue of $5.12 billion.

SAIB reports $139 million Q1 net profit

its assets increased by 20.08 percent to $43.65bn.

Nissan forecasts $5.3bn annual net loss

Last year, it announced 9,000 job cuts worldwide.

Saudia to acquire 20 wide-body aircraft

10 of these being acquired for its flydaeal low-cost airline

ADIB’s Q1 net profit $517 million

Q1 2025 net profit before tax increased 18% YoY.

Apple to open outlet in Riyadh

Customers shop at The Apple Store at the Towson Town Center mall, Maryland. (AFP)
By TRENDS Desk
August 9, 2022 10:19 am
  • The Saudi investment minister Khalid Al-Falih told media that said several international companies, including Google, Alibaba, Microsoft and IBM, intend to invest in the kingdom
  • The minister said that investments will be coupled with the development of human resources through partnership of these companies with academies, universities and training centers

Apple will open a center for the sale of its products and spare parts in the logistics zone at King Khalid International Airport in Riyadh.

Speaking to the media, the Saudi investment minister Khalid Al-Falih said several international companies, including Google, Alibaba, Microsoft and IBM, have invested or intend to invest in the Kingdom.

These investments will be coupled with the development of human resources through partnership of these companies with academies, universities and training centers, he added.

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