KSA
Mubasher TV
 Contact Us Advertising   العربية
KSA
TDWL Closed
25 December 07:43 PM

Sector News

Photo Archive
22 December 07:06 PM First Avenue acquires new tower in Riyadh for SAR 310m
Riyadh - Mubasher: First Avenue for Real Estate Development Company has acquired the ‘Capital Avenue – Al Qirawan’ tower in Riyadh at a cost of approximately SAR 310 million. The transaction was executed by purchasing all partners’ stakes in the …
Companies Investments
Photo Archive
15 December 06:27 PM Red Sea International’s subsidiary extends multi-purpose funding with Saudi listed lenders
Riyadh - Mubasher: The Fundamental Installation for Electric Work Company, a subsidiary of Red Sea International Company, has secured extensions to its multi-purpose funding facilities with Alinma Bank and Riyad Bank. The two facilities aim to …
Banking and Finance
Photo Archive
15 December 05:40 PM Taiba Investments pens SAR 181.5m deal for hotel project in Riyadh
Riyadh - Mubasher: The Smart Hotel Zone Company, owned 84% by Taiba Investments Company, inked a SAR 181.50 million agreement with Al Saad Contracting Company. The unit will carry out the construction works of the Marriott Hotel building project …
Companies Investments
Photo Gallery
25 November 02:02 PM Al Khomasiah to develop SAR 1bn residential towers in Masar destination
Riyadh – Mubasher: Al Khomasiah Group signed an agreement with Umm Al Qura for Development and Construction and BLME to develop two residential towers in Masar destination in Makkah, with investments exceeding SAR 1 billion. Announced during …
Companies Investments
Photo Archive
24 November 05:29 PM Cenomi Centers offers USD-denominated Sukuk
Riyadh - Mubasher: Arabian Centres Company (Cenomi Centers) began offering USD-denominated Sharia-aligned Sukuk on 24 November 2025, according to a bourse filing. The company has mandated Abu Dhabi Commercial Bank (ADCB), Citigroup, Emirates NBD …
Companies Investments
Photo Archive
23 November 10:47 AM Al Akaria pens deal to execute Binyah’s project
Riyadh – Mubasher: Saudi Real Estate Company (Al Akaria) signed a framework agreement with Expo 2030 Riyadh Company on 20 November 2025, according to a bourse filing. Al Akaria will execute the Early Works for the Expo 2030 Riyadh project through …
Companies Investments
Photo Archive
18 November 03:51 PM Retal secures SAR 5.2bn residential project award in Riyadh
Riyadh - Mubasher: Retal Urban Development Company has received a letter of award from the National Housing Company (NHC) for a SAR 5.20 billion project in Al Fursan Suburb, Riyadh. The project, awarded on 17 November 2025, involves developing …
Companies Investments
Photo Archive
12 November 02:08 PM Emaar The Economic City unveils 182.5% higher revenues in 9M-25, accumulated losses
Riyadh – Mubasher: The net losses of Emaar The Economic City plummeted by 73.80% to SAR 302 million in the first nine months (9M) of 2025 from SAR 1.15 billion in 9M-24. The loss per share hit SAR 0.58 in 9M-25, an annual decline from SAR 2.20, …
Financial Results
Photo Archive
11 November 05:56 PM Al Akaria sees 898% higher profits in 9M-25
Riyadh – Mubasher: Saudi Real Estate Company (Al Akaria) posted net profits amounting to SAR 268.50 million in the first nine months (9M) of 2025, higher by 898.14% than SAR 26.90 million in 9M-24. The earnings per share (EPS) hit SAR 0.72 as of …
Financial Results
Photo Gallery
11 November 02:15 PM Knowledge Economic City’s losses shrink 44% in 9M-25; higher revenues generated
Riyadh – Mubasher: Knowledge Economic City reported 43.91% lower net losses at SAR 26.70 million in the first nine months (9M) of 2025, compared to SAR 47.62 million in 9M-24. The loss per share recorded SAR 0.07 in 9M-25, down year-on-year …
Financial Results
Photo Gallery
10 November 04:02 PM Dar Al Arkan logs 55% higher profits in 9M-25
Riyadh – Mubasher: Dar Al Arkan Real Estate Development Company logged net profits amounting to SAR 703.57 million in the first nine months (9M) of 2025, an annual hike of 55.15% from SAR 453.46 million. The earnings per share (EPS) increased to …
Financial Results
Photo Archive
9 November 03:49 PM Retal’s net profits increase 13.5% in 9M-25
Riyadh - Mubasher: Retal Urban Development Company delivered an annual growth of 13.51% in net profits to SAR 211.60 million during the first nine months (9M) of 2025, compared with SAR 186.40 million. The earnings per share (EPS) rose to SAR 0.38 …
Financial Results
Alandalus Property Company
9 November 11:16 AM Alandalus Property shifts to profitability in Q3-25; net losses shrink 34% in 9M
Riyadh – Mubasher: Alandalus Property Company witnessed a 34.11% decline to SAR 10.39 million in net loss during the first nine months (9M) of 2025 when compared with SAR 15.77 million in 9M-24. The loss per share retreated to SAR 0.11 as of 30 …
Real estate
Photo Archive
5 November 01:54 PM Makkah Construction’s net profits rise 17% in 9M-25
Riyadh - Mubasher: Makkah Construction and Development Company registered net profits totaling SAR 380 million in the first nine months (9M) of 2025, marking an annual increase of 16.92% from SAR 325 million. Revenues jumped by 34.12% to SAR 908 …
Real estate
Photo Archive
3 November 07:29 PM Cenomi Centers records SAR 1.1bn profits in 9M-25; revenues up 2%
Riyadh - Mubasher: Arabian Centres Company (Cenomi Centers) achieved net profits worth SAR 1.19 billion in the first nine months (9M) of 2025, an annual leap of 37.97% from SAR 867.60 million. The Saudi group generated 1.98% year-on-year (YoY) …
Financial Results
Photo Archive
3 November 07:03 PM Umm Al Qura logs 195.5% higher profits in 9M-25
Riyadh – Mubasher: Umm Al Qura for Development and Construction posted 195.37% year-on-year (YoY) higher net profits at SAR 912.90 million in the first nine months (9M) of 2025, versus SAR 309.06 million. Earnings per share (EPS) jumped to SAR …
Financial Results
Photo Archive
3 November 05:57 PM Jabal Omar turns profitable at SAR 1.1bn in 9M-25
Riyadh - Mubasher: The net profits of Jabal Omar Development Company hit SAR 1.10 billion in the first nine months (9M) of 2025, against net losses valued at SAR 151.31 million in 9M-24. The revenues jumped by 6.73% year-on-year (YoY) to SAR 1.57 …
Financial Results
Photo Archived
30 October 05:12 PM Riyadh Development’s net profits hit SAR 251.5m in 9M-25
Riyadh - Mubasher: The net profits of Riyadh Development Company reached SAR 251.50 million in the first nine months (9M) of 2025, an annual hike of 21.73% from SAR 206.60 million. Earnings per share (EPS) retreated to SAR 1.12 as of 30 September …
Financial Results
Photo Archive
29 October 02:13 PM Sumou Real Estate’s net profits surge 30.5% in 9M-25
Riyadh - Mubasher: Sumou Real Estate Company recorded 30.40% higher net profits valued at SAR 108.59 million in the first nine months (9M) of 2025, compared to SAR 83.27 million in 9M-25. Revenues rose by 11.52% year-on-year (YoY) to SAR 354.23 …
Financial Results
Photo Archive
28 October 01:04 PM Taiba Investments' net profits hike 23% in 9M-25; revenues hit SAR 1bn
Riyadh - Mubasher: Taiba Investments Company posted 22.66% higher net profits valued at SAR 298.80 million in the first nine months (9M) of 2025, compared to SAR 243.60 million in 9M-24. Earnings per share (EPS) climbed to SAR 1.15 in 9M-25 from …
Financial Results
Photo Archive
22 October 11:48 AM Sumou Real Estate inks SAR 135m infrastructure agreement
Riyadh - Mubasher: Sumou Real Estate Company signed an infrastructure contract with Diyar Real Estate Development Fund Company, representing a real estate fund managed by Sedco Capital, on 19 October. The agreement aims to develop and execute …
Companies Investments
Photo Archive
19 October 06:25 PM Al Akaria awards SAR 764m construction agreements for Riyadh projects
Riyadh - Mubasher: Saudi Real Estate Company (Al Akaria) has awarded two contracts worth a combined value of SAR 763.78 million on 15 October for projects in Riyadh. The company awarded a SAR 338.78 million contract to Saudi Real Estate …
Companies Investments
Photo Archive
15 October 02:27 PM Retal’s unit, PIF-backed ROSHN team up for SAR 462m residential project
Riyadh - Mubasher: Building Construction Company, a subsidiary of Retal Urban Development Company, has inked a SAR 461.90 million contract with ROSHN Group, a Public Investment Fund (PIF) company, on 14 October. The 28-month contract aims to …
Real estate
Photo Archive
13 October 12:17 PM Red Sea International’s unit secures SAR 375m financing from FAB
Riyadh - Mubasher: The Fundamental Installation for Electric Work Company, a subsidiary of Red Sea International Company, has secured financial facilities from First Abu Dhabi Bank (FAB) with a standby limit of SAR 375 million. The one-year …
Banking and Finance
Photo Archive
1 October 08:59 AM First Avenue to expand development projects via SAR 315m loan
Riyadh - Mubasher: First Avenue for Real Estate Development Company obtained a SAR 315 million Shariah-compliant financing from Bank Aljazira on 29 September. The six-year facility will enable the company to implement its real estate projects and …
Real estate