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21 December 04:22 PM Saudi Ceramics fosters business in Saudi Arabia via new showroom
Riyadh - Mubasher: Saudi Ceramic Company (Saudi Ceramics) has opened a new showroom in Al-Hofuf, marking its 66th retail location across Saudi Arabia, according to a bourse filing. The opening is part of Saudi Ceramics’ ongoing expansion in the …
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10 December 03:28 PM MESC obtains AED 91m financing from Mashreq Bank
Riyadh - Mubasher: Middle East Specialized Cables Company, a subsidiary of Middle East Specialized Cables Company (MESC), obtained Sharia-compliant banking facilities valued at AED 91 million from Mashreq Bank. The company secured a promissory …
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4 December 06:41 PM Raoom’s board greenlights over SAR 4.5m dividends for Q3-25
Riyadh – Mubasher: The board of Raoom Trading Company approved interim cash dividends of SAR 4.62 million for the third quarter (Q3) of 2025. Raoom will distribute a dividend of SAR 0.37 per share for 12.50 million eligible shares, according to a …
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25 November 11:13 AM Mayar Holding announces key appointments
Riyadh – Mubasher: Mayar Holding Company has appointed Thamer Abdullah Mohammed Alrayes as its Chairman and Turki Abdullah Mohammed Alrayes as its Vice Chairman. The board named the two officials for a four-year term ending on 20 November 2029, …
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17 November 12:36 PM MESC to pay SAR 20m cash dividends for H2-25
Riyadh - Mubasher: The board of Middle East Specialized Cables Company (MESC) decided to distribute cash dividends totaling SAR 20 million, representing 5% of the company’s SAR 400 million capital, for the second half (H2) of 2025. The …
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6 November 10:18 AM Shaker Group reports lower net profits at SAR 65m in 9M-25
Riyadh - Mubasher: Al Hassan Ghazi Ibrahim Shaker Company (Shaker Group) generated net profits totaling SAR 64.91 million in the first nine months (9M) of 2025, which were lower by 2.25% than SAR 66.41 million in 9M-24. The earnings per share …
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4 November 05:41 PM Batic Investments’ net profits remarkably jump 40,721% in 9M-25; accumulated losses near SAR 35m
Riyadh - Mubasher: The net profits of Batic Investments and Logistics Company reached SAR 23.38 million in the first nine months (9M) of 2025, signaling a 40,721.17% leap from SAR 57,285 in 9M-24. The earnings per share (EPS) stood at SAR 0.03 as …
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4 November 04:49 PM Bawan registers 84% leap in 9M-25 net profits
Riyadh - Mubasher: Bawan Company delivered 83.85% higher net profits at SAR 139.21 million in the first nine months (9M) of 2025, compared to SAR 75.71 million in 9M-24. Revenues amounted to SAR 2.96 billion in 9M-25, reflecting an annual surge of …
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3 November 01:14 PM Riyadh Cables’ revenues near SAR 8bn in 9M-25; profits hike 45%
Riyadh - Mubasher: The net profits of Riyadh Cables Group Company reached SAR 817.18 million in the first nine months (9M) of 2025, signalling an annual surge of 45.11% from SAR 563.13 million. Earnings per share (EPS) rose to SAR 5.46 as of 30 …
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2 November 11:56 AM Obeikan Glass to launch SAR 430m SAR-denominated Sukuk programs
Riyadh - Mubasher: The board of Obeikan Glass Company approved plans, on 19 October, to establish SAR-denominated Sukuk programs worth SAR 430 million The issuance will be used to finance expansion projects and support strategic goals, according …
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29 October 10:03 AM Riyadh Cables expands in Central Asia with 51% shareholding in Artikul Kabel
Riyadh - Mubasher: Riyadh Cables Company, a subsidiary of Riyadh Cables Group Company, signed a share purchase agreement to acquire a 51% stake in Uzbekistan-based Artikul Aziya Kabel LLC for SAR 147.69 million. The deal, signed on 27 October, is …
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28 October 11:36 AM Astra Industrial’s net profits jump nearly 12.5% in 9M-25
Riyadh - Mubasher: Astra Industrial Group delivered net profits valued at SAR 514.23 million in the first nine months (9M) of 2025, reflecting a 12.30% rise from SAR 457.90 million in 9M-24. Earnings per share (EPS) grew to SAR 6.43 as of 30 …
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27 October 09:31 AM Saudi Ceramics logs SAR 140m net profits in 9M-25
Riyadh – Mubasher: Saudi Ceramic Company (Saudi Ceramics) registered net profits valued at SAR 140.01 million in the first nine months (9M) of 2025, an annual leap of 1,414% from SAR 9.24 million. The group’s revenues increased by 6.61% to SAR …
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23 October 05:22 PM EIC logs 42% surge in 9M-25 net profits
Riyadh - Mubasher: Electrical Industries Company (EIC) achieved net profits worth SAR 421.21 million during the first nine months (9M) of 2025, an annual jump of 41.72% from SAR 297.19 million. Revenues rose by 3.58% to SAR 1.59 billion in …
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20 October 02:38 PM Amiantit forges partnership with SAR to develop railway infrastructure
Riyadh – Mubasher: Saudi Arabian Amiantit Company signed a memorandum of understanding (MoU) with Saudi Arabia Railways (SAR) on 19 October during the Saudi International Railway Exhibition and Conference in Riyadh. The deal aims to enhance the …
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15 October 05:17 PM EIC’s subsidiary signs SAR 80m purchase agreement
Riyadh - Mubasher: Pauwels Transformers Company, a unit of Electrical Industries Company (EIC), has purchased a plot of land and the existing buildings in a public auction, which was held in Mechelen city. Bankruptcy Trustees of the properties of …
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5 October 08:32 AM Salama Cooperative, Bawan announce new leadership appointments
Riyadh - Mubasher: Salama Cooperative Insurance Company appointed Montaser Mohammed Foudah as the board’s Chairman for four years. Fahad Talal Kurdi was named as the Vice Chairman until 10 September 2029, according to a bourse filing. Meanwhile, …
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18 September 07:23 PM EIC’s units pen SAR 1.6bn joint agreements with SEC
Riyadh - Mubasher: WESCOSA and Saudi Transformers Company, subsidiaries of Electrical Industries Company (EIC), have signed a SAR 198.50 million agreement with Saudi Electricity Company (SEC) on 16 September. The 19-month deal covers the supply of …
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18 September 06:26 PM Al Omran unveils 3 new key appointments
Riyadh – Mubasher: Al Omran Industrial Trading Company announced Mohammed Omran Al Omran as the board’s Chairman, according to a bourse disclosure. Nasser Mohammed bin Omran was named as the Vice Chairman, while Abdulrahman Mohammed bin Omran was …
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16 September 08:49 AM EIC’s subsidiaries pen SAR 785.5m supply deal with SEC
Riyadh – Mubasher: WESCOSA and Saudi Transformers Company, subsidiaries of Electrical Industries Company (EIC), inked a SAR 785.50 million agreement with Saudi Electricity Company (SEC) on 10 September. Through its subsidiaries, EIC will supply …
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10 September 02:31 PM Riyadh Cables’ board approves SAR 299.5m dividends for H1-25
Riyadh - Mubasher: The board of Riyadh Cables Group Company has approved interim cash dividends of SAR 299.43 million, equivalent to 20% of the company’s SAR 1.50 billion capital, for the first half (H1) of 2025. The Tadawul-listed company will …
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26 August 08:03 AM Saudi Sadirat to close UAE branch over economic infeasibility
Riyadh - Mubasher: Saudi Industrial Export Company (Sadirat) received the board’s approval, on 25 August, to close its branch in the UAE due to economic infeasibility. This decision came as part of Sadirat’s plans to reduce general and …
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21 August 06:33 PM Shaker Group’s board mulls 22% capital hike
Riyadh - Mubasher: The board of Al Hassan Ghazi Ibrahim Shaker Company (Shaker Group) recommended a capital increase to SAR 677.10 million from SAR 555 million, according to a bourse disclosure. The rise will be implemented through the issuance of …
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20 August 03:26 PM Saudi Cable submits request to CMA for SAR 400m capital hike
Riyadh - Mubasher: Saudi Cable Company has submitted an application to the Capital Market Authority (CMA), on 28 July 2025, to increase its share capital to SAR 466.73 million from SAR 66.73 million. The rise will be executed through a SAR 400 …
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20 August 01:41 PM Services Equipment to pay 15% of capital as cash dividends for H1-25
Riyadh - Mubasher: The board of Services Equipment Company proposed cash dividends amounting to SAR 3.60 million, equivalent to 15% of the SAR 50 million capital, for the first half (H1) of 2025. Service Equipment will pay out a dividend of SAR …