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.

Saudi central bank net foreign assets climb by $1.07bn in April

  • The kingdom's net foreign assets increased by 0.2 percent from SR1.63 trillion in March
  • Over the same period, the central bank's total assets fell by SR39.4 billion to SR1.85 trillion

The net foreign assets of Saudi central bank rose by SR4.0 billion ($1.07 billion) to SR1.63 trillion in April, according to the data published on the website of SAMA.

The kingdom’s net foreign assets increased by 0.2 percent from SR1.63 trillion in March.

Over the same period, the central bank’s total assets fell by SR39.4 billion to SR1.85 trillion. Central bank’s total assets fell 2.1 percent from SR1.88 trillion in March, according to SAMA data.