Aramco appoints two Presidents
Business
Alcoa, EGA ink supply pact
Business
AD Ports Q1 revenue is $494m
Business
GIG to pay $49m in dividends
Business
TAQA income rises to $3.16bn
Business
Alba Q2 profit jumps 665% to $246m
Aluminium Bahrain posted Q2 2021 profit of BD92.6 m after loss in 2020 .
Saad Toma new GM of IBM Middle East and Africa
Toma succeeds Takreem El-Tohamy, who has been appointed GM, Global Strategic Sales.
Samsung reports 73.4% surge in profit in Q2
The firm painted an optimistic view for the remainder of the year.
WeDeliver raises $2.4 million in pre-Seed round
This is the largest pre-Seed round for a Saudi-based startup and the third-largest in Mena region.
EITC’s Q2 net increases 11.4% to AED240m
Dubai-based company's capital expenditures stood at AED649 million during the quarter.
Dusit debuts in Oman with 252-unit deluxe resort
The dusitD2 Naseem Resort is the first Dusit-branded hotel in Oman 's Jabal Akhdar.
Samana expands sales team with new GM
Samana also increases its sales workforce by 55% and doubles its sales revenue in 2021.
Hugh Fraser forms new alliances in UAE, Egypt
Clients of HFI will be supported by Al Suweikat and Al Busaies Law Office in Al Khobar.
Former Saudi minister to head IDB
Former Saudi economy and planning minister Mohammed Sulaiman Al-Jasser will head the bank.
Standard Chartered appoints CEO for Saadiq
Khurram Hilal brings over 20 years of Islamic banking experience to the CEO position.
Company News
Aramco appoints two Presidents
Business
Alcoa, EGA ink supply pact
Business
Latest News
AD Ports Q1 revenue is $494m
Business
GIG to pay $49m in dividends
Business
Etihad Cargo flight lands in Hubei
Hubei's Ezhou Huahu Airport is world's fourth professional cargo airport.
Business
Most Read
Business
AD Ports Group Q2 net profit $84m
The Group posted 66% year-on-year revenue growth.
- Maritime, Digital, and Ports Clusters were the key growth drivers with 208 per cent, 26 per cent, and 22 per cent year-on-year, respectively.
- AD Ports Group Q2 2023 EBITDA rose by 29 per cent year-on-year to AED686 million, mainly driven by maritime, digital, and ports clusters as well as acquisitions.
Business
Riyad Capital okays 2.5% cash dividend
The SAR 0.25 per unit dividend will be paid to Riyad REIT Fund's unitholders.
- The distribution represents 2.19 percent of net asset value (NAV) as of June 30, 2023.
- Riyad REIT is a closed-ended Shariah-compliant real estate investment traded fund.
Business
4.4m travel by SAR in H1 2023
Train trips in H1 2023 rose 46 percent compared to H1 2022.
- The volume of minerals and goods transported over SAR networks during the second quarter of the year exceeded 6.34 million tons.
- The total volume of goods transported by SAR H1 2023 rose to over 12 million tons, a 13 percent increase compared to the previous year.