Month: February 2024

KAFD Awards Upcoming Hospitality Project to SAUDICO and ALEC FITOUT

King Abdullah Financial District Development & Management Company (KAFD DMC) today awarded a contract for the complete fitout design and implementation for the district’s latest hospitality destination to the joint venture between SAUDICO and ALEC FITOUT. TMarking the occasion with a signing ceremony at KAFD were Gautam Sashittal, Chief Executive Officer at KAFD DMC, and

stc Group revenues and bottom line for the year 2023 reached SAR 72.3 billion and SAR 13.3 billion with an increase of 7.3% and 9.2% (respectively), and it distributes SAR 0.40 per share dividends for the 4th quarter of 2023

stc revenues for the year 2023 reached SAR 72,337m with an increase of 7.3% as compared to 2022. The growth of revenue was mainly attributed to the increase in commercial unit revenues by 5.1%, carriers and wholesale unit revenues by 1.4% in stc KSA, and the subsidiaries revenues also increased by 23.9%. • Gross Profit

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