LONDON: Affinity Water Limited announced that Mark Garth has been offered and has accepted the role of Chief Executive Officer and executive director of Affinity Water. Mark will join Affinity Water as CEO during the first half of 2026, following his notice period. Mark has extensive prior experience in the water sector, holding a number…
RIYADH – Saudi Arabia’s Tanmiah Food Company has signed three memorandums of understanding (MoUs) with industrial technology firm Schneider Electric and local firms Strataphy and Kayes Arabia to accelerate its decarbonization plans and improve energy efficiency, the company said on Sunday. The agreements, announced at the Saudi Agri-Food Tech Alliance (SAFTA) Forum in Riyadh, are…
LONDON: Huddled Group plc (AIM:HUD), a circular economy e-commerce company, reported an 81% year-over-year revenue increase to £9.48 million for the six months ending June 30, 2025, driven by strong performance across its brands Discount Dragon, Nutricircle, and Boop Beauty. The company also announced that Discount Dragon and Nutricircle achieved divisional operating profit in August,…
Group operating profit rose 10.1% to €99.0 million LONDON: Origin Enterprises plc (OEGN.I), the international agri-services group, reported a 12.8% rise in adjusted diluted earnings per share for the year ended July 31, 2025, driven by strong performance in its Living Landscapes division and resilient agricultural operations. Group operating profit rose 10.1% to €99.0 million,…
AMSTERDAM: HEINEKEN N.V. said Monday it has signed a binding agreement to acquire the beverage portfolio and proximity retail business of Costa Rica-based Florida Ice and Farm Company S.A. (FIFCO), expanding its footprint across Central America in a deal valued at approximately $3.2 billion. The transaction builds on a partnership dating back to 1986 and…
The textile services provider posted a 5.5% increase in revenue to £257.5 million LONDON: Johnson Service Group PLC (JSG) reported a solid set of interim results for the six months ended June 30, 2025, with revenue and profits rising across its key divisions and a new share buyback programme set to launch. The textile services…
LONDON: Intertek Group plc (ITRK.L), a global provider of Total Quality Assurance services, said on Monday it has acquired Envirolab, a leading environmental testing and analysis firm based in Australia, as part of its strategy to expand in high-growth sustainability markets. The deal gives Intertek access to Envirolab’s five laboratories across Australia and New Zealand,…
AQABA: NaiTel, the telecom arm of Aqaba Digital Hub (ADH), and Telecom Egypt have completed the laying of the Coral Bridge subsea cable, the first direct digital link between Egypt and Jordan in more than 25 years. The 15-kilometer express cable, equipped with 48 fiber pairs, connects Taba, Egypt, to Aqaba, Jordan, across the Gulf…
Company reported a 157% increase in profit before tax to £1.8 million for the six months CHESTERFIELD: Robinson plc (LSE: RBN), a custom manufacturer of plastic and paperboard packaging, reported a 157% increase in profit before tax to £1.8 million for the six months ended June 30, 2025, as the company continued to execute its…
BHP declared a final dividend of 60 U.S. cents per share SYDNEY: BHP Group Ltd (BHP.AX) on Tuesday reported a 14% rise in attributable profit to $9.0 billion for the year ended June 30, 2025, buoyed by record copper and iron ore production, despite an 8% drop in revenue amid weaker commodity prices. The world’s…
LONDON: Antofagasta plc reported a 60% year-on-year increase in EBITDA to $2.23 billion for the six months ended June 30, 2025, driven by higher copper production and materially lower costs. The EBITDA margin rose 12 percentage points to 58.8%, placing the Chilean miner among the top-tier global pure-play copper producers. CEO Iván Arriagada attributed the…
Cash generated from operations surged to $2.63 billion, up 25.6% from the prior year DUBAI: DP World reported robust financial results for the first half of 2025, with revenue rising 20.4% year-over-year to $11.24 billion and adjusted EBITDA climbing 21.4% to $3.03 billion, despite ongoing geopolitical tensions and supply chain disruptions. The global logistics giant…