Warren Buffett's Berkshire Hathaway's cash holdings rose to an all-time high of $347.7 billion by the end of the first ...

Shareholders of Dr. Sulaiman Al Habib Medical Services Group (Sulaiman Al Habib) authorized the board of directors to ...

Oil prices fell sharply in early session today, May 5, with both major contracts hitting their lowest levels since April 9, ...

Cenomi Centers and Unibail-RodamcoWestfield (URW) signed a 10-year exclusive strategic and franchising partnership agreement, ...

Mobile Telecommunication Company Saudi Arabia (Zain KSA) said that its board of directors appointed on May 4 Abdullah ...

Scientific and Medical Equipment House Co. (Equipment House) was awarded yesterday, May 4, a project tender with King Faisal ...

The current quarter included returns on financial assets classified at fair value through the profit or loss statement. Quarter-on-quarter (QoQ), the net profit jumped 74.4% from SAR 86 million in Q4 ...

Mouwasat’s net profit rose by 17.7% from SAR 167.36 million in Q4 2024. Shareholders’ equity, after minority interest, rose to SAR 3.76 billion as of March 31, 2025, from SAR 3.44 billion a year ...

The decline in earnings was attributed to a drop in revenue due to lower sales volumes of precast concrete, alongside higher selling and marketing expenses, lower dividend income and Murabaha returns, ...

Saudi Industrial Export Co. (Sadirat) reported losses of SAR 981,000 in Q1 2025 from a net profit of SAR 531,000 in the year-earlier period.

Losses were driven by a SAR 1.05 billion drop in gross profit on higher feedstock prices. In addition, other operating expenses increased mainly due to a non-recurring cost of SAR 1.07 billion related ...

On a sequential basis, net earnings dropped 9.2% from SAR 613.77 million in Q4 2024. Total shareholders’ equity, after minority interest, stood at SAR 7.29 billion by March 31, 2025, compared to SAR 6 ...