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Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

Tariq Al Samahiji CEO of GFH Group’s UK ops

Al Samahiji is the non-executive chairman and co-founder of Orpheus Partners.
  • He served as CEO of BNP Paribas Najmah and Global Head of BNP Paribas Islamic Finance and Investments.
  • GFH said it currently has assets of over $12 billion globally and looks to build its international portfolio through organic and inorganic growth.

Al-Nefaie named Seera Group CEO

He was appointed acting CEO of the group in April
  • Majed bin Ayed Al-Nefaie succeeds Abdullah Al-Dawood.
  • He has been the vice-president of the revenue department at Makkah Construction and Development Co.

PwC report confirms assertions of TOP CEO Conference experts: Skills help women get more jobs across MENA

Young women in the MENA region are more likely to be in the workforce, while the GCC countries have seen...

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‘Digitization transforming Islamic banking in GCC’

The use of CX capabilities, digital media, predictive analytics can help banks develop personalized Shariah-compliant services, says Dubai Islamic Bank...

Digitization to see more GCC women enter workforce

Although the number of female STEM graduates is high in GCC, this couldn't translate into proportionate increase in workforce, says...

GCC ready to deal with global inflation, sectoral shifts

However, Hamade believes that the markets in the Gulf region are better prepared to navigate the economic headwinds given the...

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Experts set strategies for ‘The Great Business Reset’

Officials, top executives and experts at the TOP CEO Conference in Dubai brainstorm on ways to stabilise economies and secure...
  • Among other issues, the last day of the event focused on how unstable global economic cycles, regional conflicts, and health risks shall be dealt with to make the economies prosper
  • 'The Inflation Monster session' at the event explored the options before the governments and central banks of the region to handle the rising prices

GCC IPOs raise $4.8bn in 2022, outpacing Europe

May Nasrallah, founder of deNovo, tells TRENDS the new listings on GCC bourses have spawned a new chapter in regional...
  • "IPOs in the Gulf prove resilient to the volatility hurting deals in other markets, such as high oil prices, stable economies, and abundant liquidity fuel activity," she said.
  • Recent IPO listings in 2021 include 20 public listings of Saudi companies (9 on Tadawul and 11 on Nomu), like ACWA Power International and Saudi Telecom.

Women empowerment key focus as region eyes growth

Top executives, officials and experts explore ways to strengthen the role of women in regional business dynamics during the TOP...
  • The first day of the conference is dedicated to women under the "Arab Women Forum," where conversations will be hosted to explore regional and global business dynamics
  • The Top CEO Conference is an open discussion among thought leaders, executives, and senior government officials and its purpose is to bring global issues into a regional context