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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.

Emirates Islamic Q1 profit $394m

The bank's profit crossed AED 1bn mark for the first time.

Nadec appoints new CEO

Nadec, founded in 1981, is headquartered in Riyadh. Twitter
By TRENDS Desk
February 28, 2022 11:47 pm
  • Hadsbjerg resigned for "personal reasons", and also left the company's board, according to a bourse statement
  • The National Agricultural Development Company is one of the biggest agricultural and food-processing share stock companies in the MENA region

The National Agricultural Development Co., better known as Nadec, appointed Solaiman Abdulaziz Altwaijri as CEO following the resignation of Steen Hadsbjerg.

Hadsbjerg resigned for “personal reasons”, and also left the company’s board, according to a bourse statement.

Altwaijri has been a member of the current Board since Nov. 1 and has held various leading positions, the last of which was CEO of Saudi Arabian Amiantit Co.

The National Agricultural Development Company is one of the biggest agricultural and food-processing share stock companies in the Middle East and North Africa.

It was founded in 1981 and is headquartered in Riyadh.

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