Sign inSubscribe

Search Site

VideosInforgraphics
Sign inSubscribe
Trends banner

Geostrategy

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.

Saudi crown prince kicks off regional tour in Egypt

Saudi Crown Prince Mohammed bin Salman began a two-day visit to Egypt on Monday evening. (SPA)
By TRENDS Desk AFP
June 21, 2022 8:54 am
  • Several agreements will be penned during the Saudi crown prince's regional tour, says an official
  • The crown prince's regional tour comes weeks ahead of a visit to Saudi Arabia by US President Joe Biden

Saudi Crown Prince Mohammed bin Salman began a two-day visit to Egypt on Monday evening, the presidency in Cairo said, kicking off a regional tour extending to Jordan and Turkey.

The crown prince will meet with Egypt’s President Abdel Fattah al-Sisi, a major ally, to discuss “regional and wider international political affairs”, said Bassem Radi, a spokesman for Sisi.

A Saudi official told AFP on Saturday that “several agreements” will be penned during the crown prince’s regional tour, notably in the energy sector.

Prince Mohammed will head to Turkey on Wednesday.

Turkey’s President Recep Tayyip Erdogan in late April visited Saudi Arabia, where he publicly embraced the crown prince. 

The crown prince’s regional tour comes weeks ahead of a visit to Saudi Arabia by US President Joe Biden, whose administration has lately sought to repair ties with Riyadh. 

[adinserter block="5"]

Most Read

UAE’s working mothers get extended maternity leave

The Gulf country is setting a new benchmark for supporting working mothers by doubling the mandated maternity leave to 120 days, Kathryn Martin VFS Global tell TRENDS.

Getting vaccinated is ‘the most patriotic thing’ to do

The Fourth of July is a sacred day in our country. A day of history, of hope, remembrance and resolve with promise and possibilities. Before me stands monuments of the…

Saudi Arabia to generate $150 billion in investments from its new transport policy

The government would provide thirty-five percent of the investments The rest of it, sixty-five percent, will come from the private sector Saudi Arabia expects to generate $150 billion from investments…

GCC healthcare: Transforming the region and impacting the world

PwC forecasts that AI could contribute US$320 billion to Middle Eastern economies by 2030, with healthcare predicted to see some of the largest gains relative to its current size

New-Age Growth Comes Home to the GCC

The region, fueled by ambition and massive investment, is rapidly advancing in technology and infrastructure, aiming to secure a leading role in the 4IR.

[adinserter block="4"]