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 to imprison, fine people for helping, employing illegal immigrants

The SAR has launched 5 new logistics routes. (SPA)
  • The means of transportation used for bringing illegal immigrants will be confiscated.
  • The housing unit used to shelter illegal immigrants will be confiscated, as per the law.

RIYADH, SAUDI ARABIA – The Directorate of Public Security stressed that anyone who facilitates the entry, transfer or employment of violators of border security into the Kingdom or provides them with shelter or any service or help of any type will face imprisonment up to 15 years and a fine of US$266,666 (SAR1 million).

This will be in addition to confiscating the means of transportation and the housing unit used to shelter illegal immigrants.

The names of perpetrators will also be published.  

The directorate underscored that this crime is among those that are against honor and honesty.

The directorate called on the public to report breaches of the residency, labour and border security regulations by calling 911 in the Makkah, Riyadh and Eastern regions.

The directorate added that the people may call 994 and 999 in the rest of the regions.