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DP World posts record $20bn revenue

The adjusted EBITDA rose by 6.7% to $5.5bn in 2024.

Meraas awards $544m contract

It has been awarded for construction of Design Quarter at d3

Salik 2024 net profit before taxes $348m

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ADNIC okays 45% dividend for 2024

The company achieved its highest ever revenue and net profit.

stc net profit for 2024 $6.58bn

This is an increase of 85.7 percent over the previous year.

Sulaiman Group’s profit soars

A front view of Dr. Sulaiman AL-Habib Hospital in AL Qassim. (Omnia Health)
By TRENDS Desk
August 7, 2022 2:37 pm
  • The company's revenue posted 16 percent jump to $1.06 billion for the six months period ended 30th June 2022
  • The hospital operator's board recommended distributing $80 million in dividends at SR0.86 per share during the second quarter of 2022

Dr. Sulaiman Al Habib Group has recorded a 22 percent increase in profit to $210 million for the first half of 2022, fueled by higher revenue.

The company’s revenue increased 16 percent, reaching $1.06 billion for the six months period ended 30th June 2022, compared to $906 million in the corresponding period of the previous year, driven by growth in the hospital segment.

Following the announcement, its board recommended distributing $80 million in dividends at SR0.86 per share during the second quarter of 2022.

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