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DAE 9M net profit $310m

The company said this was a 54.9 percent YoY increase in net profit.

ADNEC to acquire ‘Royal Catering’

Royal Catering has more than 2.500 employees.

PIF sets up sarcc company

The new entity will address growing staff accommodation demand.

Boeing to cut 10% of workforce

The company has projected a large third-quarter loss.

AviLease acquires 9 aircraft from Avolon

AviLease had purchased 13 aircraft from Avolon in 2023.

Tadawul approves listing of SAR 2.8bn debt instruments

As per a statement to Tadawul , the disbursement of the cash for the stake purchase, is contingent upon meeting predefined performance indicators, (Tadawul)
  • The debt instruments are issued by the Saudi government and submitted by the Ministry of Finance
  • The debt instruments' first issuance stands at SAR 1.248 billion, while the second offering is valued at SAR 1.585 billion

Saudi Tadawul Group has approved the listing of new government debt instruments worth SAR 2.833 billion as of 24 January 2022.

The debt instruments’ first issuance stands at SAR 1.248 billion, while the second offering is valued at SAR 1.585 billion, according to a bourse disclosure on Thursday.

The debt instruments are issued by the Saudi government and submitted by the Ministry of Finance.