Ades Holding Co. (2382)

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News

4 hours ago ADES Holding resumes contracts in Saudi Arabia to meet global demands

Riyadh - Mubasher: ADES Holding Company has received resumption notices for one of its offshore contracts and several onshore contracts in Saudi Arabia. Expected to commence in January 2026, the offshore contract aims to meet its client’s needs, …

Companies Investments

18 September 11:03 AM ADES Holding increases cash offer in Shelf Drilling merger

Riyadh - Mubasher: ADES Holding Company, ADES International Cayman (BidCo), and Shelf Drilling have revised the terms of the proposed cash merger, increasing the offer to NOK 18.50 per share. The revised offer has secured irrevocable commitments …

Mergers and Acquisitions

4 September 09:52 AM Saudi ADES pens SAR 808m agreement with QatarEnergy

Riyadh – Mubasher: ADES Holding Company inked a contract for offshore drilling services for its jackup rig, Aquamarine Driller, with QatarEnergy. The two parties signed the agreement on 2 September, with an estimated backlog of SAR 808 million …

Companies Investments

5 August 08:07 PM ADES Holding’s profits cross SAR 388m in H1-25; dividends approved

Riyadh – Mubasher: ADES Holding Company recorded net profits valued at SAR 388.36 million in the first half (H1) of 2025, down 3.62% year-on-year (YoY) from SAR 402.97 million. Revenues edged down by 0.27% to SAR 3.04 billion as of 30 June 2025 …

Cash Dividends

1 June 04:51 PM ADES Holding expands West African footprint via SAR 129m contract award

Riyadh – Mubasher: ADES Holding Company has been awarded a SAR 128.90 million contract for the use of Admarine 510 in Cameroon, marking the Saudi group’s entry into its 13th country of operations. The one-year deal also aligns with the company’s …

Companies Investments