Riyadh – Mubasher: Saudi Public Transport Company (SAPTCO) was awarded a SAR 241.47 million project contract with the Al Madinah Region Development Authority on 4 June 2026. The company will provide public bus transportation services in Al Madinah …
Riyadh - Mubasher: Flynas Company has relocated its direct flights between Jeddah and Amman to Amman Civil Airport (ADJ) starting on 15 June 2026, according to a press release. Flynas will operate daily flights between Jeddah and Amman Civil …
Riyadh - Mubasher: Lumi Rental Company has inaugurated three new branches in Tabuk, Taif, and Jeddah, supporting its long-term regional expansion strategy. The openings, attended by the company’s senior leadership team, reflect Lumi’s commitment …
Riyadh – Mubasher: Saudi Ground Services Company (SGS) has received a major contract award from Saudi Airlines for Air Transport Company (Saudia), a related party, to provide comprehensive ground handling and passenger services across all airports …
Riyadh – Mubasher: Dar Al Markabah for Renting Cars Company (DS Rent) has formally announced the termination of its memorandum of understanding (MoU) regarding the proposed acquisition of Al Sahm Al Thahabi Car Rental Company. The company informed …
Riyadh – Mubasher: Sustained Infrastructure Holding Company (SISCO Holding) has formally announced a change in its leadership following the resignation of Saleh Ahmed Hefni. SISCO Holding accepted Hefni’s resignation from his position as an …
Riyadh - Mubasher: Prince Turki bin Talal bin Abdulaziz officially inaugurated the new operations base of Flynas Company at Abha International Airport, marking a strategic milestone in the airline’s expansion plans across the Kingdom. The launch …
Riyadh – Mubasher: SAL Saudi Logistics Services Company has announced the achievement of its HSSE Integrated Management System being triple ISO certified, according to a press release. The company is now the first Saudi firm in the logistics …
Riyadh - Mubasher: The net profits attributable to the shareholders of Sustained Infrastructure Holding Company (SISCO Holding) grew by 5.66% to SAR 26.10 million in the first quarter (Q1) of 2026. The quarterly profits were compared with SAR …
Riyadh – Mubasher: The United International Transportation Company (Budget Saudi) posted net profits worth SAR 34.45 million in the first quarter (Q1) of 2026, signaling a decrease of 58.37% from SAR 82.76 million in Q1-25. Budget Saudi generated …
Riyadh - Mubasher: Flynas Company generated SAR 117.90 million in net profit attributable to the shareholders during the first quarter (Q1) of 2026. The quarterly profits were lower by 20.26% year-on-year (YoY) than SAR 147.85 million, according …
Riyadh – Mubasher: Saudi Public Transport Company (SAPTCO) achieved net profits worth SAR 5.34 million in the first quarter (Q1) of 2026. The company shifted to net earnings in January-March 2026 from net losses of SAR 24.31 million in Q1-25, …
Riyadh – Mubasher: Saudi Ground Services Company registered net profits worth SAR 60.45 million in the first quarter (Q1) of 2026, reflecting a 38.07% decrease from SAR 97.62 million in Q1-25. The earnings per share (EPS) stood at SAR 0.32 in …
Riyadh - Mubasher: SAL Saudi Logistics Services Company recorded 2.29% year-on-year (YoY) higher net profits after tax valued at SAR 156.60 million in the first quarter (Q1) of 2026, versus SAR 153.09 million. SAL generated revenues of SAR 445.78 …
Riyadh - Mubasher: Saudi Ground Services Company (SGS) was awarded a SAR 314.88 million contract with Riyadh Airports Company to operate and maintain passenger boarding bridges and related services at King Khalid International Airport in Riyadh. …
Riyadh - Mubasher: Sustained Infrastructure Holding Company (SISCO Holding) announced Mauricio Zuazua as its new CEO, effective on 19 April 2026. The board approved the appointment based on a recommendation from the Nominations and Remunerations …
Riyadh - Mubasher: SAL Saudi Logistics Services Company appointed Fawaz Mohammed Al Fawwaz as the Chairman for a new term commencing on 30 March 2026, ending on 29 March 2030. Mohammad Abdullah Abunayyan was named as the Vice Chairman for four …
Riyadh - Mubasher: Saudi Public Transport Company (SAPTCO) posted 649.39% year-on-year (YoY) higher net profits attributable to the owners at SAR 113.27 million in 2025, versus SAR 15.11 million. The revenues jumped by 25.14% to SAR 1.82 billion …
Riyadh - Mubasher: The net profits attributable to the shareholders of Saudi Ground Services Company (SGS) jumped by 23.75% year-on-year (YoY) to SAR 404.70 million in 2025 from SAR 327.03 million. Net revenues increased by 1.71% to SAR 2.79 …
Cairo – Mubasher: Rowad Modern Engineering, a subsidiary of the Egyptian company Elsewedy Electric, has commenced the development and expansion project for the facilities of Saudi Logistics Services Company (SAL) at King Khalid International …
Riyadh – Mubasher: The United International Transportation Company (Budget Saudi) has achieved consolidated net profits worth SAR 345.76 million in 2025, signaling a 9.89% increase from SAR 314.63 million in 2024. The earnings per share (EPS) …
Riyadh - Mubasher: Flynas Company incurred net losses attributable to the shareholders amounting to SAR 526.99 million in 2025, against net profits valued at SAR 433.50 million in 2024. The revenues climbed by 3.81% year-on-year (YoY) to SAR 7.84 …
Riyadh - Mubasher: Sustained Infrastructure Holding Company (SISCO Holding) generated net profits attributable to the shareholders valued at SAR 96.40 million in 2025, against net losses of SAR 740,000 a year earlier. The earnings per share (EPS) …
Riyadh - Mubasher: Lumi Rental Company generated SAR 198.08 million in net profits attributable to the shareholders during 2025, which signaled a 9.86% year-on-year (YoY) rise from SAR 180.30 million. The earnings per share (EPS) climbed to SAR …
Riyadh - Mubasher: Lumi Rental Company has opened its new branch in Qassim to reinforce its regional expansion strategy and respond to rising demand for mobility services in the central Northern region. The launch aims to enhance convenience and …
