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 Ports Authority posts 17.5 percent increase in cargo volume

Saudi Ports Authority added 28 new maritime services, connecting Saudi ports to eastern and western ports.
  • The volume of tons has exceeded 24.4 million tons, while the number of transshipment containers has increased by 3.4 percent during that period
  • However, the global supply chain disturbance has led to a decrease in Saudi ports’ volume of foodstuffs by 2.05 percent — and a fall in the number of livestock by almost 63 percent

Saudi Ports Authority has posted a 17.5 percent increase in its general cargo’s volume of tons in 2022, compared to the same period in 2021.

The volume of tons has exceeded 24.4 million tons, while the number of transshipment containers has increased by 3.4 percent during that period, it said in a statement.

However, the global supply chain disturbance has led to a decrease in Saudi ports’ volume of foodstuffs by 2.05 percent — and a fall in the number of livestock by almost 63 percent.

In line with Saudi Vision 2030, the authority seeks to enhance the process of maritime transport and ports in accordance with its development strategy to boost the sector.