INSEAD Day 4 - 728x90

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

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.

SACC picks board heads

SACC operations at the Dakar Rally. LinkedIn
  • The SACC has said Mohammed Abdulaziz ‎Al Sarhan, an independent member, has been appointed chairman ‎of the Board of Directors‎
  • It also announced the appointment of Raed Ibraheem Al Mudaiheem, another independent member, as the Vice-‎Chairman of the board‎

The Saudi Airlines Catering Company (SACC) has announced, in a filing with the Saudi bourse, its new Board of Directors and the people heading it.

It said Mohammed Abdulaziz ‎Al Sarhan, an independent member, has been appointed chairman ‎of the Board of Directors.‎

It also announced the appointment of Raed Ibraheem Al Mudaiheem, another independent member, as the vice-chairman of the board.‎

The company said it had also formed a Nomination and Remuneration ‎Committee for the current term, which is to last from January 26 this year to January 25, 2025.

It will reportedly have Yousef H Al Yousefi as the chairman, and Mohammed A Al Sarhan, Olivier Harnisch, and Fadi Majdalani as members.‎

The SACC has also formed an Executive ‎Committee for the current term, with Al Sarhan as the chairman, and Sami A Al Hukair, Abdulwahab Abdulkarim Albetairi, and Fahad Abdullah Moussa as members.

The company provides catering and other support services to airlines and a broad range of other carriers operating flights to and throughout Saudi Arabia.

The SACC says on its website that its international team of chefs includes specialists in local, regional and international cuisines. ‎