The news, anew
Revenue rises 25.7% to Dh735.5 million following National Taxi acquisition, while higher financing costs and softer demand weigh on earnings.
Business
Saudi Energy (SE) reported an 11.5 percent year-on-year increase in revenue to SR87.2 billion during the first nine months of 2026, while net profit rose 4.3 percent to SR12.1 billion, according to the company's latest financial results.
Business
Syria and Jordan have signed 11 agreements aimed at enhancing economic cooperation across various sectors, including investment, agriculture, transport, and energy, during the third session of the Syrian-Jordanian Higher Coordination Council. The agreements, which include memoranda of understanding and cooperation protocols, emphasize joint development initiatives, infrastructure improvements, and strategic partnerships to facilitate trade and address resource management challenges.
Business
Active commercial registrations in Saudi Arabia's manufacturing sector grew by 18 percent, while mining and quarrying registrations increased by 13 percent by the end of the third quarter of 2026, according to the Ministry of Commerce.
