Mubasher TV
Contact Us Advertising   العربية

Sector News

Saudi Arabian Refineries Company (SARCO)
13 August 03:32 PM SARCO reshuffles Audit Committee following Al Bakr resignation
Riyadh — Mubasher: Saudi Arabian Refineries Company (SARCO) announced that its board of directors approved the resignation of Audit Committee Chairman Abdulaziz bin Abdulmohsen Al Bakr on 12 August 2026. Al Bakr, who had served on the committee …
Arabian Drilling
13 August 11:02 AM Arabian Drilling projects to reach full offshore fleet utilization by end of Q3-26
Riyadh — Mubasher: Arabian Drilling announced that it has received notification to resume operations for all remaining offshore drilling rigs that were previously suspended. The company, which is the largest drilling contractor in Saudi Arabia by …
Photo Archive
12 August 04:32 PM SARCO's net losses fall 58.5% in Q2-26
Riyadh – Mubasher: Saudi Arabian Refineries Company (SARCO) announced a net loss of SAR 10.70 million for the second quarter (Q2) of 2026, representing a 58.51% improvement compared to SAR 25.80 million recorded during the same period last year. …
Photo Archive
12 August 10:57 AM ADES Holding to resume operations for all suspended offshore rigs in Saudi Arabia
Riyadh - Mubasher: ADES Holding Company received official notices to resume operations for all of its offshore rigs that were previously subject to temporary suspensions in Saudi Arabia. The company stated that the resumption reflects the …
Photo Archive
12 August 09:03 AM Gaafar joins SARCO’s audit committee as new member
Riyadh – Mubasher: The board of Saudi Arabian Refineries Company (SARCO) approved the appointment of Adel Mamdouh Gaafar as a member of the audit committee during a meeting held on 11 August 2026. Gaafar joins the committee as an external member, …
Photo Archive
11 August 01:41 PM ADES Holding to distribute SAR 221m interim dividends for H1-26
Riyadh - Mubasher: The board of ADES Holding Company has approved the distribution of SAR 220.83 million in interim cash dividends to shareholders for the first half (H1) of 2026. The payout is equivalent to SAR 0.20 per share, representing 20% of …
Photo Archive
11 August 09:19 AM Luberef extends Jeddah facility lease agreement with Saudi Aramco
Riyadh – Mubasher: Saudi Aramco Base Oil Company (Luberef) announced the extension of its utility services sale agreement with Saudi Oil Company (Aramco), which includes the land lease for the company’s facility in Jeddah. The extension, signed on …
Photo Archive
10 August 10:48 AM ADES Holding achieves SAR 365m net profits in H1-26
Riyadh - Mubasher: ADES Holding Company logged a net profit of SAR 364.97 million for the first half (H1) of 2026, representing a 4.65% decrease from the SAR 382.76 million in H1-25. The company’s revenue for the six-month period climbed by 49.04% …
Photo Archive
10 August 10:18 AM Arabian Drilling swings to losses in Q2-26 on lower rig utilization
Riyadh – Mubasher: Arabian Drilling incurred net losses valued at SAR 31.50 million for the second quarter (Q2) of 2026, compared to a net profit of SAR 7.50 million during the same period in 2025. The company attributed the downturn to a decline …
Photo Archive
6 August 02:14 PM SARCO terminates green MoU with AGR Renewable Energy
Riyadh – Mubasher: Saudi Arabian Refineries Company (SARCO) announced the expiration of a non-binding memorandum of understanding (MoU) previously signed with AGR Renewable Energy. The agreement, which was originally disclosed on 5 February 2026, …
Photo Archive
5 August 06:43 PM MIS rolls out 5-year agreement with Aramco
Riyadh – Mubasher: Al Moammar Information Systems Company (MIS) signed a five-year framework agreement with Saudi Arabian Oil Company (Aramco) for the provision of data center leasing services. The contract includes an option for a two-year …
Aramco
4 August 08:36 AM Aramco unveils SAR 82bn cash dividends for Q2-26
Riyadh – Mubasher: The board of Saudi Arabian Oil Company (Aramco) has approved a base dividend distribution totaling SAR 82.06 billion for the second quarter (Q2) of 2026. The payout, which aligns with the company’s policy of providing …
Aramco
4 August 08:27 AM Aramco records higher profits at SAR 241.6bn in H1-26 despite geopolitical tensions
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) logged net profits totaling SAR 121.51 billion for the second quarter (Q2) of 2026, an annual hike of 41.90% from SAR 85.63 billion. The oil giant attributed the growth primarily to higher …
Zuluf Water Treatment Plant
2 August 06:55 AM Almar awarded $940m Zuluf water treatment expansion deal from Aramco
Riyadh – Mubasher: Almar Water Solutions has been awarded the expansion of the Zuluf Water Treatment Project by Saudi Arabian Oil Company (Aramco), according to a recent press release. The project is expected to reach financial close subject to …
National Shipping Company of Saudi Arabia (Bahri)
29 July 11:21 AM Bahri witnesses 574% leap in Q2-26 net profit on higher shipping rates
Riyadh — Mubasher: The National Shipping Company of Saudi Arabia, known as Bahri, reported a net profit of SAR 2.75 billion during the second quarter (Q2) of 2026, representing a 574.15% jump from SAR 407.45 million in Q2-25. Revenue for Q2-26 …
Photo Archive
27 July 09:57 AM Petro Rabigh’s net profits reach SAR 4.1bn in H1-26
Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) generated a net profit of SAR 4.13 billion for the first half (H1) of 2026, reversing a net loss of SAR 2.06 billion recorded during the same period in 2025. The company …
Photo Archive
27 July 08:30 AM SARCO unveils details on majority stake acquisition agreement
Riyadh – Mubasher: Saudi Arabian Refineries Company (SARCO) announced a follow-up regarding the acquisition of an 85% ownership stake in Lawazim Advanced Industries by its subsidiary, Masafi Ventures Holding. The transaction, funded through the …
Photo Archive
26 July 07:56 AM SARCO’s Masafi Ventures acquires 85% stake in Lawazim Advanced Industries
Riyadh – Mubasher: Masafi Ventures, a unit of Saudi Arabian Refineries Company (SARCO), has completed the acquisition of an 85% equity stake in Lawazim Advanced Industries. The transaction, valued at SAR 12 million, involved the purchase of shares …
Saudi Exchange (Tadawul)
23 July 05:03 PM Tadawul registers SAR 166m in total negotiated deals on 23 July
Riyadh – Mubasher: The Saudi Exchange (Tadawul) recorded 13 negotiated deals carried out on five listed entities during the 23 July 2026 session. The implemented transactions held a combined value of SAR 166.04 million through a total of 5.67 …
Saudi Arabian Oil Company (Aramco)
23 July 04:33 PM Saudi Aramco records 4 additional negotiated deals exceeding SAR 49m
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) witnessed four new negotiated transactions at a combined value of SAR 49.39 million during the 23 July 2026 session. According to the latest Saudi Exchange (Tadawul) data, the deals were …
Photo Archive
23 July 03:57 PM Saudi Aramco registers SAR 6.5m in negotiated deal
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) witnessed a new negotiated (special) deal executed during the 23 July 2026 session on the Saudi market at 11:22. The transaction was implemented on 242,593 shares at SAR 26.64 per share. …
Saudi Arabian Oil Company (Aramco)
23 July 03:23 PM Aramco witnesses another negotiated deal of nearly SAR 7m
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) registered an additional negotiated transaction executed during the 23 July 2026 session on the Saudi market. The special deal was carried out at 11:22 and implemented on 257,407 shares at a …
Saudi Arabian Oil Company (Aramco)
23 July 01:56 PM Saudi Aramco records negotiated deal exceeding SAR 50.6m
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) saw a negotiated transaction executed during the 23 July 2026 session on the Saudi market at 11:06. The special deal comprised 1.90 million shares at a price of SAR 26.64 per share. Meanwhile, …
Photo Archive
23 July 07:59 AM Saudi Steel Pipe reveals SAR 93m agreement with Aramco
Riyadh – Mubasher: Saudi Steel Pipe Company has secured a contract with Saudi Arabian Oil Company (Aramco) for the supply of oil and gas steel pipes valued at approximately SAR 92.70 million. The agreement, which was officially signed on 22 July …
Saudi Exchange (Tadawul)
22 July 09:25 PM Tadawul announces SAR 32.5m in negotiated deals on 22 July
Riyadh – Mubasher: The Saudi Exchange (Tadawul) recorded five negotiated deals on 22 July 2026, with a combined value of SAR 32.57 million. The transactions involved the transfer of 1.17 million shares through private agreements between buyers and …