RIYADH — 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. The company announced that earnings before depreciation, amortization, interest, zakat and taxes (EBITDA) increased by 6.6 percent to SR34.7 billion,…
Private equity firm CVC Capital Partners and Belgian investment group Groupe Bruxelles Lambert (GBL) have secured a 91.9% stake in Italian pharmaceutical company Recordati following the closure of…
Foreign exchange rates remained stable against the Saudi riyal on Tuesday, with the US dollar holding at 3.75 riyals, as the dollar index declined globally.
Shoprite is expanding its financial services ambitions through a proposed Investec partnership that could bring customers a new transactional account and debit card.
China has demonstrated that it can catch up and dominate so many industries that it’s probably only a matter of time until they do the same with the civil aviation duopoly now dominated by Airbus SE…
