Aramco completes HUMAIN stake acquisition with $2.6bn cash contribution
Saudi Aramco has completed its HUMAIN stake acquisition, taking a 49 per cent holding in the artificial intelligence company while the Public Investment Fund keeps majority ownership at 51 per cent. The energy producer ran the deal through a wholly owned subsidiary. Under the terms, Aramco will contribute around SAR9.9bn, or about $2.6bn, in cash […]
Arab Bank Group’s third-quarter profits rise to USD 902 million in 2026
Arab Bank Group’s third-quarter profits confirmed a steady run of growth for one of the region’s largest lenders, with net profit after tax reaching USD 902 million for the first nine months of 2026. The Arab Bank Group net profit figure compares with USD 818 million in the same period a year earlier, an increase […]
