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Sumou Real Estate Third-Quarter Profit Falls 12.7% to SR42.9 Million as Land Sales Drop, Board Proposes Share Buyback

Sumou Real Estate said third-quarter net profit fell 12.7% to SR42.9 million as land sales declined, while revenue rose 11.3% on property development and contracting work.
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NADEC Signs Preliminary Deal to Buy NADA’s Dairy Herd for an Indicative SR370 Million

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Modern Mills Third-Quarter Profit Rises 11% to SR62.3 Million as Revenue Jumps 26% on Higher Volumes

Modern Mills for Food Products said third-quarter net profit rose 11% to SR62.3 million as revenue increased 25.8% on higher sales volumes and better average selling prices.
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Bahri Signs SR1.69 Billion Contract With International Maritime Industries to Build Three Very Large Crude Carriers

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Sumou Real Estate Third-Quarter Profit Falls 12.7% to SR42.9 Million as Land Sales Drop, Board Proposes Share Buyback

Sumou Real Estate said third-quarter net profit fell 12.7% to SR42.9 million as land sales declined, while revenue rose 11.3% on property development and contracting work.

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Sumou Real Estate Third-Quarter Profit Falls 12.7% to SR42.9 Million as Land Sales Drop, Board Proposes Share Buyback

Sumou Real Estate said third-quarter net profit fell 12.7% to SR42.9 million as land sales declined, while revenue rose 11.3% on property development and contracting work.

NADEC Signs Preliminary Deal to Buy NADA’s Dairy Herd for an Indicative SR370 Million

National Agricultural Development Co. signed a memorandum of understanding to buy a dairy cattle herd from Al Othman Agricultural Production and Processing Co. at an indicative SR370 million.

Modern Mills Third-Quarter Profit Rises 11% to SR62.3 Million as Revenue Jumps 26% on Higher Volumes

Modern Mills for Food Products said third-quarter net profit rose 11% to SR62.3 million as revenue increased 25.8% on higher sales volumes and better average selling prices.

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Iraq Implements Measures to Prevent Summer Power Outages

The Iraqi Ministry of Electricity has announced a comprehensive plan to prevent power outages this summer, following disruptions in gas supplies from Iran. The...

Qatar’s International Reserves Increase 3.81% to $70.29 Billion in February

Qatar’s international reserves and foreign currency liquidity rose by 3.81% in February, reaching a total of 255.916 billion Qatari riyals ($70.29 billion), up from...

Dubai’s Real Estate Boom: Why Investors Are Taking Notice

Dubai has become one of the world’s most attractive real estate markets, driven by strong economic growth, a stable environment, and high investment potential....
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