Maaden profit more than doubles as revenue tops USD 10bn
Saudi Arabian Mining Company reported a strong financial performance in 2025, with net profit attributable to shareholders surging 156% to SAR 7.3 billion.
Saudi Arabian Mining Company reported a strong financial performance in 2025, with net profit attributable to shareholders surging 156% to SAR 7.3 billion.
Salik Company reported a 35.1 percent increase in revenue for FY2025, reaching AED 3.10 billion, driven by new toll gates, variable pricing and Dubai’s expanding economy.
du has proposed an additional dividend of 40 fils per share for 2025, equivalent to AED 1.8 billion, subject to shareholder approval.
RedBird IMI, a US investment group backed by Abu Dhabi’s International Media Investments (IMI), and France’s Banijay Group have agreed to merge All3Media with Banijay’s TV production business, creating a major global content producer.
Kuwait Petroleum Corporation (KPC) is holding early-stage talks with global investors over a potential USD 7 billion stake sale in its crude oil pipeline network, in a deal that mirrors recent Gulf infrastructure monetisation strategies.
Business activity in the UAE’s non-oil private sector accelerated in February, with the S&P Global UAE Purchasing Managers’ Index rising from 54.9 in January to 55.0 – its highest level in a year.
Parkin Company plans to expand its portfolio in 2026, adding between 5,500 and 7,500 new parking spaces and targeting public parking revenues of AED 560–610 million (USD 166 million), up to 16.3% growth year-on-year.
Etihad Airways has entered a new sponsorship agreement with McLaren Racing, expanding Gulf aviation’s footprint in global motorsport.
Dubai Aerospace Enterprise (DAE) has agreed to acquire Macquarie AirFinance from Australia’s Macquarie Group for an enterprise value of USD 7 billion.
Dubai has awarded AED 2.5 billion (USD 680 million) in contracts to expand and strengthen its stormwater drainage network, supporting long-term urban resilience.
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