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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.

East Pipes Integrated plans IPO

  • The offering will be limited to qualified investors, who should conduct their own due diligence on the information disclosed in the company’s prospectus
  • 6.3 million shares to be floated as the measure has been approved by Saudi Arabia’s Capital Market Authority

East Pipes Integrated Co. will float 6.3 million shares, or 30 percent of its share capital in an initial public offering. The measure has been approved by Saudi Arabia’s Capital Market Authority.

The offering will be limited to qualified investors, who should conduct their own due diligence on the information disclosed in the company’s prospectus, the market regulator said in a statement.