IHC shareholders approve share buyback of up to $1.36 billion
The proposed buyback represents about 0.6% of the company’s total shares. The board of directors has been authorized to take...Business
DP World 2025 revenue $24.4bn
The profit for the year up 32.2% to reach $1.96bn.Company News Business
IHC shareholders approve share buyback of up to $1.36 billion
The proposed buyback represents about 0.6% of the company’s total shares. The board of directors has been authorized to take...The repurchase will be carried out in coordination with the Securities and Commodities Authority and the Abu Dhabi Securities Exchange (ADX).
IHC did not provide further details on the timing of the repurchase in the latest disclosure, but the move comes as the conglomerate seeks to enhance shareholder value.
Alujain widens 2025 loss
The increase in loss is due to impairment charges, weaker prices.Excluding the impairment, the company would have reported a net profit of SAR 17 million for the year.
Earnings per share fell to SAR 12.05 per share in 2025, compared with a loss of SAR 0.73 per share in 2024.
Masar 2025 net profit $262m
Higher land plot sales boost revenue and operating income.Revenues increased 59.2% to 2.9 billion riyals in 2025 from 1.82 billion riyals in 2024.
Despite the strong annual performance, the company reported a decline in fourth-quarter earnings.
Tasnee’s 2025 losses deepen
The petrochemicals' company's revenue also fell 17.7 percent.Despite the revenue decline, gross income edged up slightly to SAR 85.4 million, compared with SAR 84.5 million a year earlier.
In the fourth quarter of 2025, Tasnee reported a net loss of SAR 2.04 billion, compared with a loss of SAR 97.7 million in the same period a year earlier.
AI can screen talent, only humans can see it
Cultural nuance matters deeply in MENA. Communication styles differ across the Gulf, the Levant, and North Africa. Comfort with camera-based...Systems trained on narrow behavioral norms may inadvertently penalize those who express themselves differently.
In societies where interpersonal trust and relational fit remain central to business culture, removing human judgment entirely could be counterproductive.
DP World 2025 revenue $24.4bn
The profit for the year up 32.2% to reach $1.96bn.DP World invested $3.1 billion in 2025 capex, expanding global port capacity to 109 million TEU.
The company cut Scope 1 and 2 emissions 14% from 2022 levels, with 67% of electricity sourced from renewables.
Aramco 2025 net profit $104bn, to pay $85.4 bn in dividends
Dubai, UAE -- Saudi Arabian Oil Co. (Aramco) reported a net profit of $104.7 billion for 2025, a decline from...Earlier in the year, Aramco’s board declared quarterly dividends, including a base dividend of around $21.1 billion for the second quarter of 2025.
Aramco’s dividend policy combines a base dividend with a performance-linked component tied to financial results and cash flow.
Flynas posts 2025 loss despite revenue growth, Q4 profit rebound
Saudi Arabia’s low-cost carrier flynas posted a net loss of SAR 527 million in 2025, compared with a net profit...Saudi low-cost carrier reports revenue growth but swings to annual loss due to one-off IPO-related expenses.
Adjusted net profit rises after excluding SAR 1.08 billion in non-recurring costs linked to employee shares.
Saudi, Qatar airlines adjust flights as regional tensions disrupt travel
Dubai, UAE -- Airlines has extended the suspension of flights to several Gulf destinations as regional tensions continue to affect...Saudi Airlines extends flight suspensions to several Gulf destinations while monitoring developments and evaluating gradual service resumption.
Qatar Airways launches limited schedule from Doha to reconnect passengers following temporary authorization from civil aviation authorities.
UAE consolidates its position as global hub for cross-border e-commerce
ABU DHABI, UAE -- The United Arab Emirates has consolidated its position as one of the world’s leading global and...Specialised international reports indicate that the UAE is among the world’s most prepared markets for digital trade.
The UAE’s influence is not limited to its domestic market but extends to supporting the growth of e-commerce across the region
