INSEAD Day 4 - 728x90

Flynas

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 Arabia’s low-cost carrier flynas posted a net loss of SAR 527 million in 2025, compared with a net profit of SAR 433.5 million a year earlier, according to financial data reported by Argaam. Revenue rose 3.8 percent year-on-year to SAR 7.84 billion in 2025 from SAR 7.56 billion in...
  • Saudi airline resumes first Iran hajj flights since 2015

    Riyadh, Saudi Arabia -- A Saudi airline has resumed flights for Iranian hajj pilgrims to the kingdom for the first time in a decade, the latest sign of the warming ties between the countries. "Flynas resumed Iranian pilgrims flights from Imam Khomeini (airport) in Tehran on Saturday," a Saudi civil...
  • Wheels in motion for investors as two Gulf carriers plan 2025 IPOs  

    UAE's Etihad Airways and Saudi Arabia's Flynas are preparing to listing on local stock markets, the first IPO by Gulf carriers in nearly two decades. Etihad will sound out investors next week ahead of a potential sale of around a 20 percent stake, and potentially raising around US$1 billion.
  • flynas UAE expansion plan to increase number of routes, flights

    Dubai, UAE -- flynas, the Saudi budget carrier, has announced expansion plans for the UAE from September this year, which will increase the number of routes between Saudi Arabia and the UAE to nine, with flight frequencies surging to more than 20 daily flights. The carrier unveiled expansion plans for...
  • flynas receives 50th jetliner out of 120 Airbus A320neo ordered

    RIYADH, SAUDI ARABIA – flynas, the Saudi air carrier and the leading low-cost airline in the Middle East and the world, celebrated taking delivery of the 50th airplane out of a large order for Airbus A320neo jetliners at a reception held at King Khalid International Airport here. The company is...
  • flynas flies over 11m passengers in 2023, up 28 percent from 2022

    RIYADH, SAUDI ARABIA – flynas reported record results for its performance in 2023 compared to the previous year 2022, with a historic increase in the number of passengers to over 11.1 million passengers, growing more than 28 percent. The LCC has taken delivery of 19 new aircraft during 2023, upscaling...
  • Eve Air Mobility, flynas ink MoU

    The firms will explore starting eVTOL services in Saudi Arabia.
  • flynas adds 5 Airbus A320neo, total fleet now 56

    Riyadh, Saudi Arabia – Saudi “flynas” airline announced the delivery of five A320neo aircraft to increase its all-Airbus fleet to 56 airplanes, reflecting a growth of more than 100% in the past two years. The latest deliveries come as part of the expansion plan launched under the title "We connect...
  • Flynas passenger growth 91% in 2022

    The airline launched 16 new destinations and 30 new routes.
  • Flynas to take off for Belgrade

    The airline will fly three weekly flights to Serbia's capital.