$925mln Saudi investment deals signed in Q2 2022 to create 2,000 jobs
At least 49 investment deals have been signed in Saudi Arabia over the last few months that will create around 2,000 new jobs for the local economy, the kingdom’s investment ministry said. The deals, estimated to be worth at least $925 million, were signed during the second quarter of the year and included diverse sectors […]
Saudi Egyptian Investment’s net profit falls 1.07% YoY in H1
Saudi Egyptian Investment and Finance (SEIG) reported a 1.07% year-on-year (YoY) fall in net profit after tax for the first half (H1) of 2022, according to the company’s financial indicators filed to the Egyptian Exchange (EGX) on August 7th. Net profit after tax stood at EGP 11.461 million in H1 2022, compared to a net […]
Saudi German Hospital posts 45.5% higher profits in H1-22 interim results
Middle East Healthcare Company (Saudi German Hospital) reported net profits after Zakat and tax worth SAR 30.92 million in the first half (H1) of 2022, an annual leap of 45.57% from SAR 21.24 million. The revenues stood at SAR 1.02 billion in January-June 2022, higher by 16.74% than SAR 874.94 million in H1-21, according […]
Elm logs $118.4mln profits in H1-22 interim results
Elm Company’s net profits after Zakat and tax surged by 59.14% during the first half (H1) of 2022 to SAR 444 million, compared to SAR 279 million in H1-21. The Saudi firm generated revenues worth SAR 2.13 billion in H1-22, an annual hike of 18.98% from SAR 1.79 billion, according to the interim financial […]
Alujain’s profits tumble to $31.73mln in H1-22 initial financials
Alujain Holding Corporation has posted net profits after Zakat and tax worth SAR 118.75 million in the first half (H1) of 2022, down 22.01% from SAR 152.26 million in H1-21. The company’s revenues plummeted to SAR 1.08 billion in H1-22 from SAR 10 billion in the year-ago period, according to the interim financial results […]