INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Chalhoub Group to hire more women for top position in Saudi Arabia

    • Chalhoub group to bring in more women into top management roles

    • The group will also increase number of Saudis working in the company

    In line with the new vision to bring more women into the top realm of management roles, Luxury giant Chalhoub Group aims to raise women’s participation in senior management roles from 20 percent to 50 percent.

    Quoting a report put out by the company, Arab News said the new report, which outlined the group’s key sustainability targets in Saudi Arabia, included employing more Saudis – from 91 percent to 93 percent of its frontline workforce.

    The group also wants to increase the number of Saudis in back of house roles from 34 percent to 52 percent, as well as integrate people with disabilities (PWDs) into its workforce.

    The luxury retail distributor aims to accomplish these goals over the next three years, it said, as it aligns itself with the Kingdom’s country-wide objectives for its labor force. “At Chalhoub Group, we set ourselves ambitious targets in line with the KSA Vision 2030, because it represents the understanding of a future that we share for this country,” the group’s president, Patrick Chalhoub, said.

    The group said it aims to strengthen its community service projects, particularly boosting the number of its volunteers from 193 to 1,300. Based in Dubai, the group has been a major operator in Saudi Arabia for more than 50 years.