Saudi Jahez Reports 61% Drop in Profits for 2025
Jahez, a Saudi information technology company, reported a sharp decline in its net profits by 61%, amounting to <strong>73 million SAR</strong> (<strong>$19.4 million</strong>) in 2025, down from <strong>188 million SAR</strong> (<strong>$50 million</strong>) in 2024. This decline reflects the financial pressures faced by the company amid rising operational costs.