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Business, Energy

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.

Saudi Arabia and Italy to explore investment opportunities

The forum will act as a platform for Italian investors to explore support services available from Invest Saudi. (Twitter)
By TRENDS Desk
June 28, 2022 10:07 pm
  • An Italian delegation led by Italian Minister for Foreign Affairs Luigi Di Maio will visit the kingdom.
  • Private sector representatives from multiple organizations from both countries will participate in the forum.

Saudi Arabia’s Ministry of Investment will host a high-level Italian business delegation on Monday to explore mutually beneficial investment opportunities.

The Italian delegation would be led by Italian Minister for Foreign Affairs and International Cooperation Luigi Di Maio.

The forum will focus on finance, infrastructure and mobility, tourism and culture, and renewable energy.

Private sector representatives from multiple organizations from both countries will participate in the forum, according to a statement.

It will act as a platform for Italian investors to explore support services available from Invest Saudi, the Kingdom’s investment promotion platform.

The forum will conclude with bilateral business meetings.

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