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Business, Uncategorized

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

BinDawood CEO resigns

A BinDawood outlet in Jeddah, Saudi Arabia. (Explore the Wafy App)
By TRENDS Desk
September 7, 2022 9:35 am
  • The company said it will announce any developments about the appointment of a replacement in due course
  • BinDawood Holding Co. is a leading grocery retail operator of hypermarkets and supermarkets in the kingdom

Riyadh, Saudi Arabia— BinDawood Holding Co. has announced the resignation of its CEO Ahmad Abdulrazzag BinDawood from the company.

According to a bourse filing, he is stepping aside from his duties due to “personal reasons”, after having served as the company’s CEO for almost six years.

The effective resignation date was Sept. 4, and the company said it will announce any developments regarding the appointment of a replacement in due course.

BinDawood Holding Co. is a leading grocery retail operator of hypermarkets and supermarkets in the kingdom.

 

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INSEAD Day 4- 300x600
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