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2026-08-05T06:14:08.570Z

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Retal reports 17.2M Riyal loss in Q2

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6 Hrs2026-08-05T06:14:17.967Z
Retal reports 17.2M Riyal loss in Q2

Spotify exceeds forecasts amid rising AI investments

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16 Hrs2026-08-04T20:19:00.000Z
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21 Hrs2026-08-04T15:08:00.000Z
Syria to cut Russian oil imports to ease sanctions

Goldman Sachs: Brent Limited by US-Iran Tensions

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21 Hrs2026-08-04T14:43:00.000Z
Goldman Sachs: Brent Limited by US-Iran Tensions

Pound steadies amid Iran and yen support concerns

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21 Hrs2026-08-04T14:40:00.000Z
Pound steadies amid Iran and yen support concerns
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Al-Ahbār wal I‘lām turns profit with 1.7M riyals in Q2 2026

Al-Ahbār wal I‘lām turns profit with 1.7M riyals in Q2 2026

The Saudi Research and Media Group announced that it turned profitable in the second quarter of 2026, achieving a net profit of 1.7 million riyals compared to a loss of 9.74 million riyals in the same period of 2025. Revenues increased by 13.31% year-over-year to reach 765.59 million riyals, driven by growth in publishing and digital content sectors, despite a decline in printing and packaging revenues. In the first half of the year, profits grew by 64.09% to 34.77 million riyals, with revenues rising to 1.54 billion riyals, although total profit and operating profits decreased by 9.91% and 32.26%, respectively.

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