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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.

Salaries of Saudi staff leap up 5.2 percent in Q2, expats earned lesser

Monthly salaries of Saudi workers have grown by 5.2 percent to SAR 10,490.
By TRENDS Desk
October 8, 2021 5:07 pm
  • On a quarterly basis, the salaries declined by 1.03% when compared to their level in Q1-21 at SAR 10,600
  • Meanwhile, the average monthly salaries paid to expatriates in the kingdom fell by 1.08% YoY to SAR 4,091 in the April-June period

Average monthly salaries of Saudi workers have grown by 5.2 percent to SAR 10,490 during the second quarter of 2021, compared to SAR 9,970 in Q2-20.

On a quarterly basis, the salaries declined by 1.03% when compared to their level in Q1-21 at SAR 10,600, a report released by General Authority for Statistics (GaStat) showed.

Meanwhile, the average monthly salaries paid to expatriates in the kingdom fell by 1.08% YoY to SAR 4,091 in the April-June period, compared to SAR 4,136 in the year-ago period.

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