Month: February 2021

Saudi Arabia Extends COVID-Related Restrictions For 20 days

The Kingdom of Saudi Arabia has announced restrictions on entertainment activities, gatherings, and dine-in restaurant services for 20 days to curb the spread of coronavirus, Saudi Press Agency (SPA) reported on Sunday. According to an interior ministry statement, the announcement extends a set of measures brought in 10 days ago, which includes closure of cinemas

SALAMA’s Preliminary 2020 Net Profit More Than Doubles To AED 136.13M

2020 has seen SALAMA achieve excellent progress in its business objectives. In particular, the Company has executed strongly on improving core business profitability and investment income, with the results that net profit for 2020 more than doubled to AED 136.13m (2019: AED 59.82m). At an operating level, during 2020, SALAMA has successfully focused on the

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