Modern Mills for Food Products Co. (2284)

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News

21 June 03:38 PM Modern Mills appoints new CEO

Riyadh - Mubasher: Modern Mills for Food Products Company has officially announced a transition in its top executive leadership. Following a decision by the Board of Directors on 20 June 2026, the company has appointed Majed Mazen Nofal as its new …

Company News

21 June 08:52 AM Modern Mills’ board member Nofal resigns

Riyadh - Mubasher: Modern Mills for Food Products Company, a major entity in the Saudi Arabian food production sector, has announced the resignation of Majed Mazen Nofal from his positions as an independent member of the Board of Directors and …

Company News

23 February 01:33 PM Modern Mills names Hijazi as new CEO

Riyadh - Mubasher: Modern Mills for Food Products Company appointed Ahmad Hijazi as its CEO, effective on 23 February 2026, until further notice. The appointment follows the amicable termination of former CEO Osama Ashi’s contract due to health …

Corporate Actions

10 October 2024 09:52 AM Modern Mills obtains SAR 871m loan from SNB

Riyadh – Mubasher: Modern Mills for Food Products Company inked a Murabaha financing agreement with The Saudi National Bank (SNB), on 8 October 2024, at a value of SAR 871 million. The facility deal aims to settle existing Alinma Bank debt, …

Banking and Finance

13 June 2024 10:46 AM Modern Mills to disburse SAR 82m dividends for 2023

Riyadh – Mubasher: The shareholders of Modern Mills for Food Products Company greenlighted SAR 81.83 million, equivalent to 100% of the share capital, for 2023.  The firm will pay out a dividend of SAR 1 per share on 7 July 2024, according to a …

Cash Dividends