
Jahez gives back to community with Ramadan initiatives
Recognizing Ramadan as a time that brings people together through shared values and traditions, Jahez implemented its March initiatives in a way that balanced its social impact in the community while engaging its customers. Each initiative launched during the period was selected to address different community needs while offering customers meaningful ways to celebrate the values behind the holy month.
Bader Al-Ajeel, chief executive of Jahez, said: 'We at Jahez International are committed to creating long-term value through initiatives that strengthen our role as contributors to the Kuwaiti community. This Ramadan, we aligned our efforts through strategic partnerships and specific programs that support various causes and spread awareness, while also deepening our engagement with our valued customers. These initiatives are part of our broader roadmap for 2025 that integrates social responsibility into our operations.'
During Ramadan, Jahez launched the 'Jahazeyat Menu,' a special sharing box priced at 2.95 Kuwaiti dinars ($10). It included stuffed grape leaves, chocolate fudge, mahalabia, and a festive Gargee'an gift box. Customers could easily find it on the Jahez app under its own listing.
The company introduced a TV series called 'Qafsha Show' for its partners. The series aired on KTV and online platforms and featured a different Jahez partner daily. Through the show, guests highlighted their Jahez-affiliated restaurants and the stories behind them, offering viewers a closer look at the people and passion driving local businesses.
Additionally, Jahez introduced its exclusive collaboration between doh! and Chef Sawsan Matbakhi, which introduced a new special menu item.
Jahez also distributed more than 4,000 iftar meals. The initiative was launched in collaboration with Zajel Kuwait, a local nonprofit organization. Additionally, the company participated in the 'Longest Iftar Table' initiative, a renowned event held at Souq Sharq where people gather to break their fast.
Moreover, Jahez initiated strategic partnerships with four local charities, namely Direct Aid Charity, Balad Alkhair Society, Al-Waqf Al-Ensani Society, and Alnajat Charity.
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Al Arabiya
6 days ago
- Al Arabiya
MBC Group reports 37.8 pct revenue growth, 41.1 pct rise in net profit in H1 2025
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The BOCA segment continued to anchor Group performance in H1 2025, with revenues rising 29.6 percent year-on-year to SAR 1,737.8 million, and net profit advancing 23.7 percent to SAR 314.1 million. Growth during the period was broad-based across advertising, content distribution and large-scale media services. TV revenues rose 13.3 percent year-on-year to SAR 863.4 million, reflecting continued advertiser demand across MBC's free-to-air platforms. Broadcast & Technical Services revenues climbed 52.7 percent to SAR 740.0 million, supported by major projects with key government and institutional clients, including high profile projects that returned with expanded scope, reflecting MBC's strong execution capabilities and high quality of delivery. In Q2 2025, BOCA recorded revenues of SAR 532.4 million compared to SAR 565.7 million in 2Q 2024. The 5.9 percent year-on-year decline reflects the timing of Ramadan, which fell entirely in 1Q 2025 versus spanning into 2Q the previous year, impacting peak seasonal advertising revenues. Meanwhile Shahid, MBC Group's high-growth OTT platform, recorded a 25 percent year-on-year increase in revenues in H1 2025, reaching SAR 696.8 million compared to SAR 557.3 million in h1 2024. SVOD revenues grew 24.4 percent to SAR 540.3 million, supported by a clear content strategy and the newly implemented password-sharing policy, which limits account usage to a single IP address unless upgraded to a premium tier. AVOD revenues also delivered solid growth in H1, particularly during the Ramadan peak in Q1, while other revenues increased by 66.1 percent to SAR 11.9 million, reflecting new monetization streams. Shahid reported a net profit of SAR 2.7 million for the period, reversing a net loss of SAR 23.2 million in the first half of 2024. 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In Q2 2025, M&E revenues reached SAR 150.1 million, up 7.9 percent year-on-year, while net profit for the quarter increased by 39.8 percent to SAR 6.6 million, with a one percentage point expansion in net profit margin to 4.4 percent. Content remained a key performance driver across both Shahid and linear platforms in H1 2025. Ommi, the Saudi-Turkish adaptation drama following the success of Khareef Al Qalb, captivated audiences across platforms, securing the number one spot on MBC and driving strong viewer engagement. Similarly, Aser, a compelling pan-Arab drama thriller, continued to build momentum, leading its time slot on MBC1 and emerging as a standout success across both broadcast and streaming platforms, with growing regional appeal week after week. Share' Al A'sha, a social drama series set in KSA which aired during Ramadan, also solidified its status as one of the most celebrated Saudi productions of the year. The series earned nine major awards at the Al Dana Drama Awards 2025, including Best Story and Best Picture. In the comedy genre, Yawmiyyat Rajol Anis stood out as a Ramadan highlight, delivering strong viewership in Saudi Arabia and earning Best Comedy Series at the 2025 Al Dana Drama Awards, further reinforcing MBC's leadership in Arabic comedic storytelling. As of the end of Q2 2025, MBC's content pipeline consisted of over 150 projects, with more than 90 percent of them slated for production in Saudi Arabia, reflecting MBC Group's deepening commitment to supporting the Kingdom's creative economy through local production and talent development. Commenting on the MBC's outlook, Sneesby said, 'As we continue to expand our footprint across the region, our strategic focus remains unchanged: invest in scalable, high-impact content, grow our digital platforms, and lead the evolution of Arab media. We have best-in-class capabilities across production, broadcasting, and streaming, and we will continue to apply commercial discipline in evaluating opportunities, pursuing only those that align with our long-term strategic objectives and return thresholds.'


Saudi Gazette
06-08-2025
- Saudi Gazette
Fakeeh group delivers 1H 2025 revenue of SR1.51 billion, up 13% year-on-year
Dr Soliman Abdel Kader Fakeeh Hospital Company and its Subsidiaries ('Fakeeh Care Group', 'FCG', 'Fakeeh Care', the 'Company' or the 'Group'), a leading fully integrated academic healthcare provider listed on TASI (SYMBOL: 4017 and ISIN code SA562GSHUOH7), announced its financial results[1] for the second quarter ended 30 June 2025. Growth during the quarter was supported by higher patient volumes and a richer case‑mix as activity normalized post‑Ramadan. The total number of patients served reached 465 thousand+ in 2Q‑2025 (+16% YoY), taking 1H‑2025 volumes to ~900 thousand (+8% YoY). Outpatient and inpatient volumes grew 15% and 16%, respectively, in the quarter translating into combined revenue growth of 18%. Pricing and case‑mix tailwinds added support to the average revenue per outpatient visit and inpatient admission contributing 3% YTD on a consolidated revenue level. 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'Looking ahead, our priorities are clear: drive utilization across our ramping facilities with strategic case mix refinement in Jeddah and Riyadh; execute a disciplined, quality first ramp in Madinah; advance milestones across our growth agenda; and continue embedding digital and data driven workflows that unlock efficiency while elevating care standards. We aim to further broaden our preventative medicine and early intervention offerings, strengthening longitudinal patient engagement. Throughout, we remain disciplined in capital deployment—preserving a conservative balance sheet as we fund expansion and cement the foundation for a highly scalable and sustainably profitable healthcare ecosystem. With a resilient mature platform, a scalable operating model, and a deepening role in the Kingdom's healthcare transformation, we are well positioned to create enduring value for patients, staff, students, shareholders and the broader community.' he concluded. 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Saudi Gazette
04-08-2025
- Saudi Gazette
Crown Prince, Kuwaiti prime minister discuss strengthening bilateral ties in NEOM
Saudi Gazette report NEOM — Saudi Crown Prince and Prime Minister Mohammed bin Salman met Monday with Kuwaiti Prime Minister Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah to review the historic relations between the two Gulf neighbors and explore ways to enhance and expand cooperation across various sectors. During their meeting at NEOM Palace, the leaders exchanged views on a range of issues of mutual interest and reaffirmed the depth of Saudi-Kuwaiti ties. The Saudi side included Prince Sultan bin Saad bin Khalid, the Kingdom's ambassador to Kuwait; Prince Turki bin Mohammed bin Fahd bin Abdulaziz, minister of state and Cabinet member; Hendi Al-Suhaimi, assistant minister of finance; and Yazid Al-Humaid, deputy governor and head of Middle East and North Africa investments at the Public Investment Fund. The Kuwaiti delegation comprised Sheikh Meshaal Jaber Al-Ahmad Al-Sabah, director-general of the Kuwait Direct Investment Promotion Authority, and Sheikh Saud bin Salem Abdulaziz Al-Sabah, managing director of the Kuwait Investment Authority.