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 industry ministry and German firms to develop human resources

The Saudi delegation met with officials of several German companies. (SPA)
  • The delegation met with officials of the German automobile manufacturer Porsche at the company’s headquarters.
  • The delegation discussed cooperation opportunities as well as initiatives and programs for developing human capacities with the German companies Schüller, Festo and KSB.

Berlin, Germany — A delegation of Saudi Ministry of Industry and Mineral Resources, which visited Germany, discussed enhancing cooperation to develop human capacities in industry and mining with a number of German companies.

The delegation from the ministry, headed by Deputy Minister of Industry and Mineral Resources for Human Capability Development, made an official visit to Germany in cooperation with the Human Capability Development Program.

The delegation met with officials of the German automobile manufacturer Porsche at the company’s headquarters, where they discussed enhancement of cooperation between the two sides in industry and development of human resources.

The delegation discussed cooperation opportunities as well as initiatives and programs for developing human capacities with the German companies Schüller, Festo, and KSB.

The meetings saw discussions about the vast opportunities provided by the Saudi National Industry Strategy in a number of industrial sectors, especially with regard to developing human capacities.

The officials of the two sides also discussed enhancing bilateral relations in a way that fulfills their joint visions and interests.