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Business, Economy, Video

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

New industrial policy seeks to diversify Saudi economy

By TRENDS Desk
October 31, 2022 12:36 pm
  • The new industrial strategy envisages tripling the country’s industrial domestic product and doubling the value of industrial exports to $148.2 billion.
  • The Crown Prince said the program will make the kingdom a leading industrial power that “contributes to securing global supply chains and exporting high-tech products to the world”

Dubai—On Oct 18, Saudi Arabia launched its new industrial policy which, according to Crown Prince Mohammed bin Salman, will make the kingdom a leading industrial power that “contributes to securing global supply chains and exporting high-tech products to the world”. The new industrial strategy envisages tripling the country’s industrial domestic product and doubling the value of industrial exports to $148.2 billion. TRENDS takes a look at what is driving the ambition for massive industrialization.

 

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INSEAD Day 4- 300x600
INSEAD Day 4- 300x600
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