31 - 40 from 16580 .
In "BUSINESS"
Al-Qaryan Group, a leading Saudi closed joint-stock company specialized in industrial dismantling, demolition, and circular industries, has commenced a series of projects for the Saudi Water Authority.The projects involve the dismantling, demolition, and recycling of water production units at the Shuqaiq System (Phase I), in addition to multi-effect distillation units located in the cities of Al-Wajh, Umluj, Al-Lith, and Al-Qunfudhah.Covering a total area exceeding 423,000 square meters, the first phase of these projects includes the complete removal of all structures, equipment, and materials from the designated sites.All dismantled materials are then transported to Al-Qaryan Group’s specialized processing facilities and downstream factories, where they are processed and recycled in...
July 22, 2025
Al-Qaryan Group executes multiple dismantling and recycling projects for Saudi Water Authority
Lubna S. Olayan, Chair of the Board of Directors of Saudi Awwal Bank (SAB), announced today its financial results for the six-month period ending 30 June 2025, reflecting steady growth across key indicators and continued momentum in SAB’s strategic transformation.For the first six months of 2025, SAB generated a net profit after Zakat and income tax of SR4.262 billion, reflecting a 5% year-on-year increase. Total operating income rose to SR7,341 million, supported by higher loan volumes and a strong deposit base.Net loans and advances reached SR283 billion, and customer deposits increased to SR297 billion. Return on tangible equity stood at 15.5%, aligned with the Bank’s medium-term performance targets.Lubna Olayan, Chair of SAB, said: “Our H1 performance demonstrates consistent...
July 21, 2025
Saudi Awwal Bank records SR4.3 billion net profit after Zakat and Income Tax for H1 2025
Driving is not just about reaching a destination; it’s about enjoying the journey.
On July 3rd, three Middle Eastern countries gathered in the UAE, where 50 guests and 8 J5 vehicles embarked on a unique test drive adventure along a specially customized 26-kilometer route. Equipped with a 540° panoramic camera system, the J5 provides drivers with a full field of vision, ensuring every trip is safe and worry-free, even in narrow or complex road conditions. The J5’s thoughtful music ecosystem, featuring a karaoke mode and noise-cancelling microphone, ensures that even during off-road bumps, passengers can enjoy clear and pure sound, releasing their voices freely. The J5's camping ecosystem is equally impressive guests gathered around the vehicle, with soft lighting...
July 20, 2025
Not just off-road, the JAECOO family shines in the Middle East
July 14, 2025
The hidden power in your kitchen: Why scientists are studying palm oil's secret vitamin
July 14, 2025
Dar wa Emaar enhances homeownership experience and reinforces commitment to quality of life in Saudi Arabia
July 14, 2025
Al-Majdouie Peugeot launches the strongest offers this summer
Saudi Gazette reportJEDDAH — Saudia recorded strong operational growth in the first half of 2025, transporting over 17.5 million passengers, a 7.2% increase compared to the same period in 2024, according to the airline’s latest operational performance report.The national carrier operated more than 100,000 flights, including scheduled and additional services across four continents, marking a 4% rise year-on-year.Total flight hours surpassed 293,000, with an on-time performance rate of 89.6%.International traffic also saw a 5% increase, with over 9.6 million guests flown on more than 43,700 international flights.Domestic operations grew by 10%, carrying 7.9 million passengers across more than 56,000 flights.The airline also attributed the improved efficiency to investments in...
July 14, 2025
Saudia posts 7.2% passenger growth in H1 2025, leads global punctuality
July 13, 2025
PIF launches Tasama to boost Saudi business services sector
Lulu Retail has opened a new hypermarket in Jeddah’s Al-Baghdadiyah Al-Gharbiyah district.Located along the Al Andalus Road, the new outlet offers a comprehensive and modern shopping experience that combines convenience, variety, and innovative retail design.The store was officially inaugurated by Eng. Nasar Salem Almoteb, Deputy Mayor of Jeddah Municipality in the presence of Ihsan Bafakih, Executive vice chairman of Al Nahla group, Nasser Huwaiden Thaiban Ali Alketbi, Consul General of UAE in Jeddah, Fahad Ahmed Khan Suri, Consul General of India in Jeddah, and Yusuffali M.A, Chairman of LuLu Group, along with other dignitaries.Yusuffali said: “We are proud to further strengthen our footprint in Jeddah with the launch of this hypermarket in Al-Baghdadiyah Al-Gharbiyah. This expansion...
July 09, 2025
Lulu launches new hypermarket in Jeddah
Saudi Awwal Bank (SAB), one of the leading banks in the Kingdom of Saudi Arabia, has been named “Best Bank in Saudi Arabia for 2025” by Euromoney, recognizing the bank’s strong financial performance, continued digital advancement, and commitment to social responsibility over the past year.In 2024, SAB reported a net profit of SR8.07 billion, a 15% increase over the previous year. Operating income reached SR14 'million, supported by a 16% return on tangible equity, reflecting consistent performance and effective capital deployment.Lending remained a key area of growth, with net loans and advances rising by 20% to reach SR259 billion, in line with SAB’s strategy to support the financing needs of individuals and businesses across the Kingdom.SAB continued to strengthen its digital...
July 09, 2025
Saudi Awwal Bank named best bank in Saudi Arabia for 2025 by Euromoney for financial performance and innovation
