Search Site

Trends banner

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Qatar Airways annual profit $2bn

This was a record 28% jump in annual net profit.

Masdar issues $1bn bond

Its green bond program hits $2.75 billion.

BinDawood CEO resigns

A BinDawood outlet in Jeddah, Saudi Arabia. (Explore the Wafy App)
  • The company said it will announce any developments about the appointment of a replacement in due course
  • BinDawood Holding Co. is a leading grocery retail operator of hypermarkets and supermarkets in the kingdom

Riyadh, Saudi Arabia— BinDawood Holding Co. has announced the resignation of its CEO Ahmad Abdulrazzag BinDawood from the company.

According to a bourse filing, he is stepping aside from his duties due to “personal reasons”, after having served as the company’s CEO for almost six years.

The effective resignation date was Sept. 4, and the company said it will announce any developments regarding the appointment of a replacement in due course.

BinDawood Holding Co. is a leading grocery retail operator of hypermarkets and supermarkets in the kingdom.