Accor Surpasses Profit Expectations in 2025: What’s Driving the Hotel Group’s Success?

NewsSaudi ArabiaWorld Views: 0

RIYADH: The development of its loyalty program and portfolio diversity have helped the French hotel chain Accor report an annual core profit that is marginally higher than market estimates. Compared to €1.12 billion in 2024 and a company-compiled analyst average of €1.19 billion, the group reported €1.20 billion ($1.41 billion) in...

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NewsSaudi ArabiaWorld Views: 0

Accor Surpasses Profit Expectations in 2025: What’s Driving the Hotel Group’s Success?

RIYADH: The development of its loyalty program and portfolio diversity have helped the French hotel...

NewsSaudi ArabiaWorld Views: 1

Maersk’s Strategic Move: What the 37.5% Stake in Jeddah Port Means for Global Trade

JEDDAH: APM Terminals has agreed to purchase a 37.5 percent ownership in the South Container...

NewsSaudi Arabia Views: 3

Why Personal Training is Driving Armah Sports’ Record Growth in 2026

RIYADH: Armah Sports Co.’s net profit to shareholders increased 62 percent to SR62 million...

NewsSaudi Arabia Views: 4

How Modi’s AI Push Could Reshape India’s Economy and Global Tech

India’s prime minister Narendra Modi positioned his nation as a leader in the AI ecosystem on...

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Carney Says No China Trade Deal on the Table as Trump Threatens New Tariffs

TORONTO: Canadian Prime Minister Mark Carney stated Sunday that his country has no interest of seeking a free trade agreement with China....

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Middle East Views: 32

New Opportunities for Trade and Tourism Discussed at India–Australia Meeting in Riyadh

RIYADH: Saudi Minister of Commerce Majid Al-Kassabi said he met with Australian Minister for Trade and Tourism Don Farrell on Sunday,...

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Middle East Views: 20

Rafah Crossing to Reopen Partially After Israel’s Approval

Israel has agreed to a “limited reopening” of the Rafah border crossing between Gaza and Egypt, according to Prime Minister...

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