INSEAD Day 4 - 728x90

Business, Company News

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

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Nadec appoints new CEO

Nadec, founded in 1981, is headquartered in Riyadh. Twitter
By TRENDS Desk
February 28, 2022 11:47 pm
  • Hadsbjerg resigned for "personal reasons", and also left the company's board, according to a bourse statement
  • The National Agricultural Development Company is one of the biggest agricultural and food-processing share stock companies in the MENA region

The National Agricultural Development Co., better known as Nadec, appointed Solaiman Abdulaziz Altwaijri as CEO following the resignation of Steen Hadsbjerg.

Hadsbjerg resigned for “personal reasons”, and also left the company’s board, according to a bourse statement.

Altwaijri has been a member of the current Board since Nov. 1 and has held various leading positions, the last of which was CEO of Saudi Arabian Amiantit Co.

The National Agricultural Development Company is one of the biggest agricultural and food-processing share stock companies in the Middle East and North Africa.

It was founded in 1981 and is headquartered in Riyadh.

[adinserter block="5"]

Most Read

Environment Agency – Abu Dhabi issues marine water quality policy

ABU DHABI,  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…

Energy, commodity prices hurt profits of GCC firms

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.

Exclusive: Private military companies look at $366.8bn market as their demand, role in global conflicts rise

Rising security concerns, confrontational geopolitics, and chaotic global changes have fueled the demand for private military companies, the new reality of modern warfare.

3 ways travel drives economic growth while enhancing global connections and sustainability

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.…

EVs just the start, urban mobility needs a holistic approach

Cities must adopt EVs alongside shared transport, robust infrastructure, clean energy, and inclusivity, says Jamie Wylie, an urban mobility expert.

INSEAD Day 4- 300x600
INSEAD Day 4- 300x600
[adinserter block="4"]