Orient Insurance reports $93 million Q1 net profit surge
Orient Insurance delivers Dh340.8 million net profit, up 126%, on diversified premium growth.
Global
Saudi Energy Q1 revenue up 9.4%, net profit surges 89.3%
Saudi Energy revenue hits SAR record as efficiencies drive 89.3% profit jump to SAR1.8 billion.
Oman signs $250 million EV battery plant deal with Korea’s EL B&T
Oman OPAZ inks RO96.2 million deal for EV manufacturing targeting GCC and MENA export.
Mubadala takes stake in US renewable specialist Power Factors
Mubadala acquires minority stake to fuel Power Factors’ global expansion in asset management.
Ta’ziz and Alpha Dhabi sign $10 billion chemicals investment deal
Ta’ziz and Alpha Dhabi agree on $10 billion chemicals push including styrene, polyols and epoxy resins.
Rhazes AI deploys clinical scribes pilot in Lebanon refugee hospital
Rhazes AI scribes reduce admin burden 50% in Lebanon conflict-zone hospital trial.
Dubai Healthcare City launches AED1.3 billion infrastructure expansion
Dubai Healthcare City starts Dh1.3 billion Phase 1 expansion with sustainable office and clinic hubs.
KFSHRC becomes first Middle East centre to implant AI brain-sensing device
KFSHRC implants region’s first AI-powered brain device for Parkinson’s and epilepsy treatment.
Deyaar revenue hits Dh447 million despite hospitality pressures
Deyaar posts Dh447.1 million revenue amid regional war impact on hospitality segment.
Binghatti Holding posts 10th straight record sales quarter
Binghatti achieves 10th consecutive record quarter with Dh5.88 billion sales, Dh1.43 billion profit.
