Innovest Properties of Saudi Arabia has pulled out of Misk Tarout, after having earned $8 million in profit in the last three months.
The Alkhobar-based real estate firm confirmed its profit from the exit process will be calculated in the company’s financial statements for the second quarter of 2022, according to a statement.
The exit will also enhance its direction in implementing targeted profitability and growth plans, CEO Essam Bukhamseen said.
By signing up you agree to our Terms of Use and Privacy Policy
ABU DHABI, Â UAE – The Environment Agency – Abu Dhabi (EAD) has issued a policy on sustaining marine water quality that reviews the current situation and main challenges related to…
GCC-listed companies' net profit dropped to US$ 57.9 billion in Q2-2023. While retail, capital goods, and utilities sectors faced profit declines, the banking sector thrived.
Rising security concerns, confrontational geopolitics, and chaotic global changes have fueled the demand for private military companies, the new reality of modern warfare.
WTTC research shows that, having endured estimated losses of $4.5 trillion and 62 million jobs in 2020 alone, travel and tourism has recovered and is set to reach new heights.…
