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27 July 06:47 PM Sport Clubs pens SAR 23m lease agreement
Riyadh – Mubasher: Sport Clubs Company signed a land lease agreement on 26 July with the Municipality of Khamis Mushait Governorate valued at SAR 22.75 million, excluding value-added tax. The contract covers the investment, construction, and …
Sunil Kumar, CEO of DataFlow, and Abdelhakim Farag Gamaleldin, Group HR Director at Saudi German Health LLC
26 July 08:46 AM DataFlow, Saudi German Health to strengthen healthcare credential verification in UAE
Mubasher: DataFlow Group, a global provider of Primary Source Verification (PSV) and credential verification solutions, signed a deal with Middle East Healthcare Company (Saudi German Health) to enhance healthcare workforce integrity and …
Photo Archive
23 July 01:29 PM Americana Restaurants board to review Q2-26 financial results
Riyadh – Mubasher: Americana Restaurants International notified the Saudi Exchange (Tadawul) that its board of directors is scheduled to convene on 28 July 2026. The board intends to review and approve the company’s consolidated financial …
Photo Archive
23 July 09:31 AM Naqi Water fuels regional expansion plans via new license
Riyadh — Mubasher: Naqi Water Company has obtained a license from the Saudi Food and Drug Authority (SFDA) authorizing the company to export table eggs to several international markets. The license was granted after the company fulfilled all …
Photo Archive
23 July 08:52 AM Arabian Cement’s Bahraini unit restructures Jordan share swap agreement
Riyadh – Mubasher: Arabian Cement Company disclosed a restructuring of the share swap agreement involving its subsidiary, Arabian Cement Bahrain Holding Company, regarding its investments in Jordan. Under the revised terms, the subsidiary will …
Arab Company for Drug Industries and Medical Appliances (ACDIMA)
21 July 07:20 PM Pan-Arab shareholding firm ACDIMA divests nearly 100% stake in SPIMACO for SAR 326m
Riyadh – Mubasher: GIB Capital, acting in its capacity as the financial advisor to the Arab Company for Drug Industries and Medical Appliances, commonly known as ACDIMA, has announced the successful completion of a significant share sale in the …
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15 July 12:38 PM Jarir achieves strong performance in H1-26 backed by GCC subsidiaries
Riyadh - Mubasher: Jarir Marketing Company announced its preliminary financial results for the first half (H1) of 2026, recording a net profit of SAR 489 million. This represents a 17.97% increase when compared to the SAR 414.50 million recorded …
CMA
9 July 07:17 AM Saudi CMA opens bidding for Kingdom’s 1st commodity exchange
Riyadh – Mubasher: The Saudi Capital Market Authority (CMA) has officially announced the commencement of the application period for authorization to establish and operate commodity exchange activities within the Kingdom. This strategic move marks …
CMA
9 July 07:12 AM CMA sets IFRS 18 transition framework for Tadawul-listed companies
Riyadh – Mubasher: The Capital Market Authority (CMA) has issued its board’s decision on the early adoption of International Financial Reporting Standard No. (18) Presentation and Disclosure in Financial Statements (IFRS 18) by listed joint-stock …
Photo Archive
13 July 08:39 PM Asas Makeen signs framework agreement to establish nearly SAR 73.5m investment fund
Riyadh — Mubasher: Asas Makeen Real Estate Development and Investment Company has penned a framework agreement with Middle East Financial Investment Company (Mefic Capital) to establish a private real estate investment fund. Holding a target value …
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12 July 01:15 PM Asas Makeen partners with Bloom Real Estate Fund XII for SAR 132m project
Riyadh - Mubasher: Asas Makeen Real Estate Development and Investment Company has signed a real estate development agreement with Bloom Real Estate Fund XII, managed by Bloom Investment Saudi Arabia, for a project valued at SAR 131.88 million. The …
Acwa
7 July 09:25 AM Acwa secures exclusive rights for Saudi green hydrogen exports
Riyadh – Mubasher: Acwa has received government approval granting the company exclusive rights to export green hydrogen and its derivatives produced within Saudi Arabia to international markets. The mandate aligns with national strategic …
Almarai
5 July 01:45 PM Middle East’s largest F&B manufacturer Almarai logs SAR 12bn revenues in H1-26
Riyadh - Mubasher: Almarai Company, the Middle East’s largest food and beverage manufacturer, has announced its interim condensed consolidated financial results for the second quarter and the first half (H1) of 2026. The company reported a …
Saudi Arabia
25 June 07:08 PM What to know about actual fiscal performance of Saudi budget 2025
Riyadh – Mubasher: Despite the rapid challenges experienced by the global economy during 2025, the economy of Saudi Arabia has continued to demonstrate its ability to adapt and remain resilient to external developments, according to a recent …
Build Station
2 July 01:00 PM MHG Trading to open new Build Station branch in UAE
Riyadh - Mubasher: Build Station, a subsidiary of Marketing Home Group for Trading (MHG Trading), intends to open a new branch for its brand in Sharjah, UAE, on 5 July 2026. This expansion aligns with the group’s strategy to grow its branch …
MBC Group
24 June 02:36 PM PIF’s Al Ibrahim joins MBC Group’s board of directors
Riyadh – Mubasher: MBC Group has appointed Mishari bin Naji bin Saleh Al Ibrahim as a non-executive member of its Board of Directors, effective from 23 June 2026. This follows the resignation of board member Abdulrahman bin Ibrahim Al Rwaita, …
Photo Archive
1 July 07:01 PM Mutakamela Insurance secures approval for SAR 165m deal with ADNIC
Riyadh - Mubasher: Mutakamela Insurance Company has announced the successful conclusion of its Ordinary General Meeting (OGM), held on 30 June 2026. During the virtual session, shareholders approved the company’s financial results for the fiscal …
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1 July 05:57 PM Sports Clubs reopens Body Masters Premium branch in Riyadh
Riyadh – Mubasher: Sport Clubs Company has officially announced the reopening of its Body Masters Premium branch in the Shubra district of Riyadh. The facility resumed operations on Wednesday, 1 July 2026, following the completion of extensive …
Photo Archive
30 June 05:09 PM Sports Clubs inks SAR 21m building lease agreement
Riyadh – Mubasher: Sport Clubs Company has officially announced the signing of a building lease agreement with Panda Retail Company to establish and operate a new fitness center in the capital city. The contract, valued at SAR 20.82 million …
Naseej for Technology Company
30 June 12:17 AM Naseej for Technology secures nearly SAR 14m contract with UAE National Library and Archives
Riyadh – Mubasher: Naseej for Technology Company has signed a major contract with the National Library and Archives of the UAE to develop and index extensive book collections. The agreement is valued at approximately AED 13.45 million that is …
Saudi Exchange (Tadawul)
29 June 09:40 PM Tadawul discloses Q2-26 index rebalancing, free float updates
Riyadh – Mubasher: The Saudi Exchange, known as Tadawul, has officially announced the results of its periodic indices maintenance for the second quarter (Q2) of 2026. The adjustments are scheduled to take effect at the commencement of trading on 5 …
Photo Archive
28 June 12:26 PM Jabal Omar outlines new strategy following real estate ownership law for non-Saudis
Riyadh – Mubasher: Jabal Omar Development Company, a leading real estate developer in the Holy City of Makkah, has unveiled a comprehensive strategic plan to leverage recent regulatory changes allowing non-Saudi ownership within its flagship …
Photo Archive
25 June 08:03 PM Sport Clubs shareholders nod for financial results, board appointments
Riyadh – Mubasher: Sport Clubs Company has announced the results of its Extraordinary General Assembly meeting which was held on 24 June 2026 and witnessed the ratification of 2025 financial statements, according to a bourse filing. The …
Photo Archive
25 June 07:47 AM Sports Clubs obtains SAR 70m facility from SAB
Riyadh – Mubasher: Sport Clubs Company has officially announced the acquisition of a Shariah-compliant financing facility totaling SAR 70 million. The credit facility, structured as a Tawarruq arrangement, was secured through the Saudi Awwal Bank …
Al Rashid Industrial Company.png
23 June 11:58 AM Al Rashid Industrial shareholders approve capital raise, contracts in GCC area
Riyadh – Mubasher: Al Rashid Industrial Company has announced that its shareholders approved a significant capital increase during the Extraordinary General Assembly meeting held on 17 June 2026. The assembly authorized a 50% expansion of the …