Search Site

Trends banner

TAQA H1 net income $1bn

The group's revenue reached $7.73 billion.

ADNOC L&S H1 net profit $420m

The company’s revenue reached $2.43bn

SEC H1 net profit $1.67bn

Revenue grew by 24% to $7.38 billion.

DEWA profit after tax $789m

It will pay $843m in H1 dividend.

IHC H1 net profit $2.94 billion

The company posted 31% increase in revenue.

Herfy Foods appoints new CEO

  • “The board of directors of Herfy Food Services Co extends its appreciate and gratitude for the efforts made by Mr Sam Bader during his term of acting CEO"
  • The company said Bader had started his career with BK USA, then worked for McDonald’s International USA

Saudi Arabia’s Herfy Food Services Company (Herfy Foods) has appointed Sam Bader as CEO, after he served as acting CEO.

In a statement to the Saudi Stock Exchange (Tadawul) the company said: “The board of directors of Herfy Food Services Co extends its appreciate and gratitude for the efforts made by Mr Sam Bader during his term of acting CEO, which was reflected in the company’s good performance.”

The company said Bader had started his career with BK USA, then worked for McDonald’s International USA, before joining Herfy Foods 16 years ago.