KSA
Mubasher TV
 Contact Us Advertising   العربية
KSA
TDWL Closed
14 August 07:00 AM

Sector News

Malath Cooperative Insurance Company
13 August 05:11 PM Malath Insurance maintains ‘A-’ credit rating from Tassnief
Riyadh — Mubasher: Malath Cooperative Insurance Company has maintained its national scale insurer financial strength rating of ‘A-’ with a Stable outlook from SIMAH Rating Agency (Tassnief). The rating was affirmed in a report received on 13 …
Ratings
Saudi Automotive Services Company (SASCO)
13 August 05:04 PM SASCO receives notice for Riyadh Expo 2030 project
Riyadh — Mubasher: Saudi Automotive Services Company (SASCO) has received a formal notice on 13 August 2026 from Riyadh Airports Company requiring the eviction and demolition of its leased site on King Salman Road in Riyadh. The site includes a …
Company News
Photo Archive
13 August 11:14 AM Cenomi Retail forms new Audit Committee until 2030
Riyadh — Mubasher: AFG International Company (Cenomi Retail) disclosed the Board of Directors' decision to form its audit committee for a new term beginning 12 August 2026, according to a bourse filing. The committee’s mandate is scheduled to last …
Board of Directors
Photo Archive
13 August 10:54 AM Cenomi Retail appoints Chairman, forms board Committees
Riyadh — Mubasher: AFG International Company (Cenomi Retail) announced that its board of directors has issued several resolutions following the election of the board during the Extraordinary General Assembly (EGM) held on 30 June 2026. The board …
Company News
Photo Archive
12 August 03:56 PM Alsaif Gallery launches new branch in Riyadh
Riyadh – Mubasher: Alsaif Stores for Development and Investment Company (Alsaif Gallery) has opened its latest branch in the Al Nadwa district of Riyadh. The new showroom covers an area of 944 square meters and represents a key step in the …
Companies Investments
Photo Archive
12 August 11:11 AM SASCO records nearly $17m valuation gain on xAI investment
Riyadh - Mubasher: Saudi Automotive Services Company (SASCO) received an updated fair value notification from its investment fund regarding its stake in xAI, which rebranded into SpaceX in February 2026 and now operates as its AI division under …
Company News
Photo Archive
12 August 08:20 AM Cenomi Retail generates SAR 2.6bn revenues in H1-26; losses deepen
Riyadh – Mubasher: The net losses of AFG International Company (Cenomi Retail) retreated by 21.99% year-on-year (YoY) to SAR 80.90 million for the second quarter (Q2) of 2026, compared to SAR 103.70 million. The retailer’s quarterly revenue rose …
Financial Results
Photo Archive
11 August 02:24 PM Jarir opens SAR 48m showroom in Arar
Riyadh - Mubasher: Jarir Marketing Company opened a new showroom on Prince Abdullah bin Abdulaziz bin Musaed Road in Arar on 6 August 2026. The company invested SAR 48 million in the facility, which spans an area of 4,432 square meters. This …
Companies Investments
Photo Archive
11 August 10:11 AM Jarir to distribute SAR 240m dividends for Q2-26
Riyadh - Mubasher: The board of Jarir Marketing Company has approved a cash dividend distribution of SAR 240 million to shareholders for the second quarter (Q2) of 2026. The payout represents 20% of the company's nominal share value. The …
Board of Directors
Photo Archive
11 August 08:18 AM Jarir inaugurates new showroom at King Fahd International Airport
Riyadh - Mubasher: Jarir Marketing Company has opened a new showroom at King Fahd International Airport in Dammam on 10 August 2026. The company invested SAR 2 million in the new location, which covers an area of 99 square meters. This branch …
Companies Investments
Photo Archive
10 August 03:01 PM SACO turns to net losses in Q2-26 due to weakening demand
Riyadh – Mubasher: The net losses of Saudi Company for Hardware (SACO) reached SAR 1.77 million for the second quarter (Q2) of 2026, compared to a net profit of SAR 5.08 million in Q2-25. The retailer attributed the downturn to a 10.59% decline in …
Financial Results
Photo Archive
6 August 08:29 AM SASCO incurs SAR 6m losses in Q2-26
Riyadh - Mubasher: Saudi Automotive Services Company (SASCO) turned to net loss amounting to SAR 5.98 million for the second quarter (Q2) of 2026, compared to net profit of SAR 29.7 million in Q2-25. The company attributed the decline to higher …
Financial Results
Photo Archive
4 August 04:01 PM eXtra’s board recommends buyback of 2.5m shares
Riyadh - Mubasher: The board of United Electronics Company (eXtra) recommended, on 3 August 2026, the repurchase of a maximum of 2.49 million ordinary shares. The retailer intends to hold the repurchased stock as treasury shares, according to a …
Board of Directors
Photo Archive
4 August 08:03 AM SASCO’s unit sells Jeddah land for SAR 44.5m
Riyadh - Mubasher: Saudi Automotive Services Company (SASCO) announced that its subsidiary, Oil Services Company, signed an agreement to sell a land plot in the Al Nahda district of Jeddah for a total value of SAR 44.50 million. The site, which …
Company News
Photo Archive
3 August 05:18 PM eXtra to disburse SAR 160m cash dividends for H1-26
Riyadh - Mubasher: The board of United Electronics Company (eXtra) has approved a cash dividend distribution of SAR 160 million for the first half (H1) of 2026. The payout represents 20% of the company’s nominal share value, according to a bourse …
Board of Directors
Photo Archive
3 August 08:24 AM SACO receives SAR 41.5m arbitration claim from Astra Food
Riyadh – Mubasher: The board of Saudi Company for Hardware (SACO) received a statement of claim on 2 August 2026, regarding a commercial arbitration case filed by Astra Food Company Limited. The dispute involves a franchise rights licensing …
Company News
Photo Archive
2 August 08:10 AM Abo Moati unveils SAR 10m cash dividends for H2-FY25/26
Riyadh – Mubasher: The board of Abdullah Saad Mohammed Abo Moati for Bookstores has authorized the distribution of SAR 10 million in cash dividends to shareholders for the second half (H2) of the fiscal year (FY) that ended on 31 March 2026. The …
Company News
Saudi Exchange (Tadawul)
29 July 10:20 AM Tadawul lifts trading suspension on Amwaj International following recent disclosure
Riyadh — Mubasher: The Saudi Exchange (Tadawul) announced the lifting of the trading suspension on the shares of Amwaj International Company. Effective 29 July 2026, the decision follows the company’s disclosure of its delayed financial results, …
Company News
Photo Archive
28 July 05:24 PM Amwaj International’s accumulated losses hit 46.69% of capital
Riyadh — Mubasher: Amwaj International Company announced that its accumulated losses have reached SAR 28.02 million as of 31 December 2025. The disclosed amount represents 46.69% of its SAR 60 million capital, according to a bourse filing. The …
Company News
Saudi Riyal
28 July 02:32 PM Amwaj International incurs nearly SAR 88m net losses in 2025
Riyadh — Mubasher: Amwaj International Company reported a net loss of SAR 87.80 million for the fiscal year ended on 31 December 2025. The negative result marked a reversal from a net profit of SAR 6.36 million recorded during 2024, according to a …
Company News
Photo Archive
28 July 12:57 PM Nice One shifts to SAR 11m losses in H1-26
Riyadh – Mubasher: Nice One Beauty Digital Marketing Company turned into a net loss of SAR 11.28 million for the first half (H1) of 2026, compared to a net profit of SAR 22.84 million in H1-25. The company attributed the downturn to a 6.40% …
Company News
Photo Archive
22 July 11:07 AM Alsaif Gallery logs 11.5% higher profits in Q2-26
Riyadh – Mubasher: Alsaif Stores for Development and Investment Company (Alsaif Gallery) reported a net profit of SAR 1.62 million for the second quarter (Q2) of 2026, an annual rise of 11.42% from SAR 1.45 million. The retailer attributed the …
Financial Results
Photo Archive
22 July 09:00 AM Baazeem Trading discloses insurance contract value with Bupa Arabia
Riyadh – Mubasher: Baazeem Trading Company has announced the specific financial details regarding its previously disclosed insurance agreement with Bupa Arabia for Cooperative Insurance. The total value of the contract is set at SAR 3.98 million, …
Banking and Finance
Photo Archive
21 July 06:02 PM SACO announces Chairman for new term
Riyadh – Mubasher: The board of Saudi Company for Hardware (SACO) has appointed its leadership and the formation of several board committees following its general assembly meeting held on 17 June 2026. The board of directors, meeting on 20 July …
Corporate Actions
Photo Archive
21 July 03:38 PM SACO names Managing Director as CEO term ends
Riyadh – Mubasher: The board of Saudi Company for Hardware (SACO) decided on 20 July 2026 not to renew the employment contract of CEO Abdel Salam Bdeir. The contract is scheduled to conclude on 31 October 2026, according to a bourse disclosure. In …
Board of Directors