INSEAD Day 4 - 728x90

2PointZero posts profit surge

Growth driven by merger consolidation.

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.

Salaries of Saudi staff leap up 5.2 percent in Q2, expats earned lesser

Monthly salaries of Saudi workers have grown by 5.2 percent to SAR 10,490.
  • On a quarterly basis, the salaries declined by 1.03% when compared to their level in Q1-21 at SAR 10,600
  • Meanwhile, the average monthly salaries paid to expatriates in the kingdom fell by 1.08% YoY to SAR 4,091 in the April-June period

Average monthly salaries of Saudi workers have grown by 5.2 percent to SAR 10,490 during the second quarter of 2021, compared to SAR 9,970 in Q2-20.

On a quarterly basis, the salaries declined by 1.03% when compared to their level in Q1-21 at SAR 10,600, a report released by General Authority for Statistics (GaStat) showed.

Meanwhile, the average monthly salaries paid to expatriates in the kingdom fell by 1.08% YoY to SAR 4,091 in the April-June period, compared to SAR 4,136 in the year-ago period.