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stc Group Q1 net profit up 11.05%

The Group reported a revenue of $5.12 billion.

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its assets increased by 20.08 percent to $43.65bn.

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ADIB’s Q1 net profit $517 million

Q1 2025 net profit before tax increased 18% YoY.

Winners of King Faisal International Prize felicitated in Riyadh

The winners were awarded at a hotel in Riyadh
  • The Service to Islam prize for the year 2021 was awarded to Founder and Chairman of SAKHR Software Company, Mohamed bin Abdulrahman Al-Sharekh.
  • Mohammed Hashim Ghosheh was awarded the Islamic Studies prize for his topic called the Islamic Heritage of AlQuds in year 2020.

The winners of King Faisal International Prize (KFIP) for the years 2020 and 2021 were honored at Prince Sultan Grand Hall in Al-Faisaliah Hotel in Riyadh on Tuesday.

The prize is held under the patronage of King Salman, and Secretary-General of the KFIP, Abdulaziz Alsebail introduced the winners of the prize’s categories.

The King Faisal Prize for Service to Islam for the year 2020 was awarded to the Makkah Charter while the prize for year 2021 was awarded to Founder and Chairman of SAKHR Software Company, Mohamed bin Abdulrahman Al-Sharekh.

Reportedly, Al Sharekh supported the research and innovation to preserve the Islamic heritage through modern technology.

Mohammed Hashim Ghosheh was awarded the Islamic Studies prize for his topic called the Islamic Heritage of AlQuds in year 2020, said reports.

The local media said that the Islamic studies prize was not awarded for the year 2021.

The other winners were prof. Michael G. Carter, and Moroccan professor Mohamed Mechbal (Arabic language and literature); Stephen Mark Strittmatter, an American neurologist at Yale School of Medicine, and British professor Robin Franklin of the Wellcome Trust-MRC Cambridge Stem Cell Institute, said media reports.

The winners also include Prof. Xiaodong Wang, Director of the National Institute of Biological Sciences at Beijing, and Prof. Stuart Parkin, Director at the Max Planck Institute of Microstructure Physics in Halle, Germany (science).