INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

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

Infath of Saudi Arabia logs $159.9m sales in October

File picture.
  • The organization has now raised more than $533 million since it started operations in September 2020
  • Infath is planning to supervise 3 additional auctions during the first half of November 2021

Entrustment and Liquidation Center (Infath) of Saudi Arabia has raked in its highest ever sales in October thanks to the sales of more than $159.9 million.

The organization has now raised more than $533 million since it started operations in September 2020.

Infath is planning to supervise 3 additional auctions during the first half of November 2021, namely the Real Estate Opportunities Auction, to sell commercial and residential properties in Riyadh, Makkah and Dawadmi Province.

Infath had attracted more than 1,400 commercial establishments in projects related to the evaluation, preparation and the sale of real estate and movable assets.