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Saudi

SEC H1 net profit $1.67bn

Revenue grew by 24% to $7.38 billion.

DEWA profit after tax $789m

It will pay $843m in H1 dividend.

IHC H1 net profit $2.94 billion

The company posted 31% increase in revenue.

ADNOC Gas signs LNG deal

Will supply 0.5mmtpa of LNG to India's HPCL.

Alpha Dhabi H1 profit $1.79bn

Adjusted EBITDA rises to $2.36bn.
  • Saudi Arabia launches ‘National Semiconductor Hub’ 

    At least 50 semiconductor design companies will be established in Saudi Arabia by 2030 after a new initiative was launched to develop the sector in the Kingdom, Arab News reported.This undertaking will be supported by a deep tech venture capital fund that exceeds SR1 billion ($266 million) as part of a new National Semiconductor Hub.The...