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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

The toll operator's revenue increased by 6% to $626 million.

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.

Saudi employers prefer men over women in Q2 as unemployment rate dips

  • According to estimates of the General Authority for Statistics (GASTAT) based on the Labor Force Survey, the unemployment rate of the total working age Saudi population decreased
  • Unemployment rate among Saudi men went down noticeably by 1.1 percentage point to 6.1 percent in the second quarter of 2021 from 7.2 percent in the previous quarter

Saudi males found securing jobs was easier than women in the kingdom in the second quarter of 2021, lowering unemployment rate to 11.3 percent. The skewed nature of the job market biased towards male came on the back of ongoing government efforts to boost local employment in the private sector.

According to estimates of the General Authority for Statistics (GASTAT) based on the Labor Force Survey, the unemployment rate of the total working age Saudi population decreased to 11.3 percent in the second quarter of 2021, from to 11.7 percent during the first quarter of 2021.

Unemployment rate among Saudi men went down noticeably by 1.1 percentage point to 6.1 percent in the second quarter of 2021 from 7.2 percent in the previous quarter.

The same indicator for Saudi women increased by 1.1 percentage point to 22.3 percent in the second quarter of 2021 from 21.2 percent in the first quarter of 2021.