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2026-08-18T07:19:12.810Z

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10-Year Japanese Bond Yields Reach 30-Year High

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Bankrupt Airline Data Draws Google AI Focus

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Dubai airports host 88,000 travelers in a day

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Retal subsidiary inks 268M riyal contract for Rimal Business Court in Khobar

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23 Hrs2026-08-18T06:24:36.131Z
Retal subsidiary inks 268M riyal contract for Rimal Business Court in Khobar

Bloomberg: Gulf's unseen flows limit oil

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23 Hrs2026-08-18T06:11:11.715Z
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Al-Fakhira profits surge 195% in H1 2026

Al-Fakhira profits surge 195% in H1 2026

Luxury Men's Tailoring Company Achieves 195% Surge in Profits in the First Half of 2026 Luxury Men's Tailoring Company achieved a significant jump in its profits, reaching 195% growth during the first half of 2026. Its net profits rose to 13.81 million SAR compared to 4.68 million SAR in the same period of 2025. This growth is attributed to its expansion strategy, which included opening new branches and increasing points of sale, helping to broaden its geographical presence and boost sales by 49.04%. Total sales exceeded 90 million SAR. Additionally, its subsidiaries played an effective role in supporting the company's financial performance, with improved profit margins driven by increased demand and higher gross profit.

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