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10 June 02:14 AM

Sector News

Saudi Capital Market Authority (CMA)
9 June 07:56 PM CMA greenlights Al Naqool’s request to double capital via free shares
Riyadh – Mubasher: The Saudi Capital Market Authority (CMA) has officially authorized a request from Mohammed Hasan Al Naqool Sons Company to increase its share capital by 100% through the issuance of bonus shares. The transaction is set to raise …
Management Decisions
Saudi Exchange (Tadawul)
9 June 06:18 PM Merrill Lynch KSA market-making agreements terminated for certain Nomu-listed entities
Riyadh – Mubasher: The Saudi Exchange Company has officially announced the approval of a request from Merrill Lynch Kingdom of Saudi Arabia to terminate its market-making activities for four companies listed on the exchange. The cessation of these …
Company News
Photo Archive
9 June 01:04 PM Maadaniyah announces key appointments
Riyadh – Mubasher: National Metal Manufacturing and Casting Company (Maadaniyah) has appointed Fawaz bin Mohammed Al Fawaz as the Chairman of the Board of Directors for the next four years. Shaker bin Nafil Al Otaibi was named the Vice Chairman, …
Board of Directors
Photo Archive
9 June 08:11 AM Northern Region Cement files lawsuit against Safwa Cement
Riyadh – Mubasher: Northern Region Cement Company filed a lawsuit against Safwa Cement Company for violating the company’s patent relating to the conversion of an ordinary black Portland cement production line to white Portland cement using an …
Company News
Photo Archive
7 June 02:26 PM Riyadh Steel announces e-voting kickoff for EGM agenda items
Riyadh - Mubasher: Riyadh Steel Company reminded shareholders that electronic voting on the agenda items of its extraordinary general meeting (EGM) is now open ahead of the meeting that is scheduled for 8 June 2026.  The company said shareholders …
Corporate Actions
Tasnee
7 June 09:27 AM Tasnee concludes maintenance works at JV plant
Riyadh – Mubasher: National Industrialization Company (Tasnee) has completed the scheduled periodic maintenance for the ethylene and polyethylene plant, which is one of the joint ventures (JVs). The project will reflect on the company’s …
Company News
Photo Archive
4 June 05:08 PM SENAAT’s shareholders nod for SAR 21m purchase agreement
Riyadh – Mubasher: The ordinary general meeting (OGM) of Advanced Building Industries Company (SENAAT) approved a purchase deal with Zamil Group Holding at a value of SAR 20.72 million. The shareholders also greenlighted a SAR 2.76 million deal …
General Assembly
Photo Archive
4 June 03:44 PM Saudi Vitrified Clay unveils SAR 4.6m purchase order agreement
Riyadh – Mubasher: Saudi Vitrified Clay Pipe Company (SVCP) has received a purchase order from Bright Trading & Contracting Company Limited, with a total value of SAR 4.64 million on 3 June 2026. The agreement covers the supply of vitrified clay …
Companies Investments
Photo Archive
3 June 02:40 PM Tabuk Cement amends date, agenda for next OGM
Riyadh – Mubasher: Tabuk Cement Company has amended the date and agenda of the ordinary general meeting (OGM), which will be held on Monday, 29 June 2026, according to a bourse filing. The shareholders will vote on the appointment of the company's …
Company News
Photo Archive
2 June 09:47 AM East Pipes Integrated reschedules payment for H2-25/26 cash dividends
Riyadh – Mubasher: East Pipes Integrated Company for Industry announced an amendment of the cash dividends distribution date for the second half (H2) of the fiscal year (FY) 2025/2026, due to the inability to complete the disbursement procedures …
Cash Dividends
Saudi Top Trading Company
1 June 12:02 PM Saudi Top Trading sets EGM via remote participation
Riyadh - Mubasher: Saudi Top Trading Company issued an addendum to its earlier announcement regarding the board’s invitation to shareholders to attend the extraordinary general meeting (EGM), which is scheduled for 24 June 2026.  This addendum …
Company News
Photo Archive
1 June 09:59 AM Saudi Steel Pipe awarded SAR 65m supply deal with Aramco
Riyadh – Mubasher: Saudi Steel Pipe Company was awarded a SAR 65 million contract from Saudi Arabian Oil Company (Aramco), according to a bourse disclosure. The company signed the deal on 31 May 2026 to supply oil and gas steel pipes to Saudi …
Company News
Saudi Aramco Base Oil Company (Luberef)
31 May 06:58 PM Luberef announces top leadership changes
Riyadh – Mubasher: Saudi Aramco Base Oil Company (Luberef) has announced the resignation of Ibrahim Q. Al Buainain from his position as the Chairman of the Board, upon a request submitted on 21 May 2026. Al Buainain served as a non-executive …
Management Decisions
Photo Archive
31 May 06:42 PM AMAK concludes incorporation procedures for Advance Drilling
Riyadh – Mubasher: Almasane Alkobra Mining Company (AMAK) has completed all of the regulatory and administrative procedures required to establish its new subsidiary, Advance Drilling Company. The finalization of the subsidiary’s incorporation …
Company News
National Metal Manufacturing and Casting Company (Maadaniyah)
31 May 03:36 PM Maadaniyah reveals SAR 10m contract with Chinese energy firm HEI
Riyadh – Mubasher: National Metal Manufacturing and Casting Company (Maadaniyah) has announced that its industrial branch, Gulf Baas Industrial Company, also known as Baas Valves, has entered into a significant supply agreement with Harbin …
Company News
Photo Archive
31 May 01:50 PM Bupa Arabia renews insurance services with SABIC
Riyadh – Mubasher: Bupa Arabia for Cooperative Insurance Company has announced the receipt of a contract award from Saudi Basic Industries Corporation (SABIC) on 24 May 2026 to renew cooperative health insurance services. The agreement ensures the …
Company News
Photo Archive
31 May 01:24 PM Arabian Pipes reveals new supply agreement with Aramco
Riyadh – Mubasher: Arabian Pipes Company has signed several contracts with the state energy giant Saudi Arabian Oil Company (Aramco) at an estimated total value of SAR 62 million, according to a bourse disclosure. The joint contracts agreement …
Company News
Photo Archive
31 May 11:35 AM SENAAT’s subsidiary plans trading on Tadawul
Riyadh – Mubasher: Advanced Building Industries Company (SENAAT) announced that one of its subsidiaries, Gulf Insulation Group, has submitted requests to the Capital Market Authority (CMA) as well as the Saudi Exchange (Tadawul). Gulf Insulation …
Companies Investments
Al Rashid Industrial Company
27 May 02:06 PM Al Rashid Industrial to vote on 50% capital hike recommendation, GCC-based transaction
Riyadh – Mubasher: The board members of Al Rashid Industrial Company officially invited its shareholders to attend the extraordinary general meeting (EGM) on 17 June 2026 to vote on the primary agenda for the session that involves a capital …
Company News
Aqaseem Factory for Chemicals and Plastic Company
27 May 11:22 AM Aqaseem terminates potential acquisition agreement
Riyadh – Mubasher: Aqaseem Factory for Chemicals and Plastics Company has officially announced the termination of its memorandum of understanding (MoU) regarding a stake acquisition in Leader Express, according to a bourse filing. The decision, …
Companies Investments
Saudi Exchange (Tadawul)
26 May 03:33 PM Al Rasheed plans moving to Tadawul’s Main Market
Riyadh – Mubasher: Mohammed Hadi Al Rasheed & Partners Company has announced a significant procedural step in its planned transition to the Main Market of the Saudi Exchange (Tadawul) from the Parallel Market (Nomu), according to a bourse …
Board of Directors
Photo Archive
26 May 01:51 PM Molan Steel secures loan from major shareholder
Riyadh – Mubasher: Molan Steel Company has entered into a formal financing agreement with its principal shareholder, Dar Al Takamul Holding Company, for an interest-free loan totaling SAR 15 million. The facility is strategically designed to …
Banking and Finance
Photo Archive
25 May 01:22 PM Al Jouf Cement enters into short-term project with Altec Limited
Riyadh – Mubasher: Al Jouf Cement Company has signed a contract with ALtec Limited to undertake the design, supply, and installation of electrical interconnection works at its manufacturing facility in Turaif, according to a bourse filing. The …
Companies Investments
Capital Market Authority (CMA)
24 May 07:53 PM AMAK submits formal application for rights issue
Riyadh – Mubasher: Almasane Alkobra Mining Company (AMAK) has officially submitted its application file to the Capital Market Authority (CMA) for a capital increase through a rights issue, according to a bourse filing. The proposed offering will …
Company News
Photo Archive
24 May 01:09 PM SENAAT faces appeal by Medad following initial ruling
Riyadh – Mubasher: Advanced Building Industries Company (SENAAT) announced the latest developments regarding the appeal filed by Medad Real Estate Company, a development firm affiliated with the Kooheji Group in associate with Kooheji …
Law