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.

Saudi Arabia sets up $187m solar panel factory in Tabuk

It is strategically located near the Kingdom’s giga projects in NEOM and the Red Sea, and the region also has plenty of qualified locals to work in the various jobs needed by the facility.
  • Spread over more than 27,000 square meters, the factory will have an estimated production capacity of 1.2 gigawatts
  • The new Tabuk facility uses automated machines for its production, and employs latest international technologies in the field

Saudi Arabia has set up a $186.6 million worth solar panel factory in the Tabuk Industrial City to cater to growing demand for solar panels in the MENA region.

Spread over more than 27,000 square meters, the factory will have an estimated production capacity of 1.2 gigawatts.

The new Tabuk facility uses automated machines for its production, and employs latest international technologies in the field.

It is strategically located near the Kingdom’s giga projects in NEOM and the Red Sea, and the region also has plenty of qualified locals to work in the various jobs needed by the facility, Deputy Minister of Industry and Mineral Resources Osama Al-Zamil said.