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Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

Emirates half-year profit $2.5bn

The record profit is subject to new 9% corporate tax for the first time.

Lulu’s IPO raises $1.72bn

The proceeds make it the largest UAE IPO of 2024 to date.

DAE 9M net profit $310m

The company said this was a 54.9 percent YoY increase in net profit.

Saudi-China relations warm up with strategic deals

The Saudi-China relations have warmed up further in the recent past.
  • A recently reached Comprehensive Strategic Partnership Agreement has further enhanced the historical friendly relations between Saudi Arabia and China.
  • The two sides had recently signed several agreements and MoUs to enhance bilateral ties to serve the interests of the two countries and their people.

RIYADH, Saudi Arabia — Saudi King Salman bin Abdulaziz Al Saud of Saudi Arabia and Chinese President Xi Jinping last month co-signed a Comprehensive Strategic Partnership Agreement between the two countries.

They had also reviewed the historical friendship relations between the Saudi Arabia and China, and ways to enhance them to serve the interests of the two friendly countries and peoples in various fields.

Here is the current status of the relations between the two countries.