Riyadh – Mubasher: Despite the rapid challenges experienced by the global economy during 2025, the economy of Saudi Arabia has continued to demonstrate its ability to adapt and remain resilient to external developments, according to a recent …
Riyadh – Mubasher: Sport Clubs Company has announced the results of its Extraordinary General Assembly meeting which was held on 24 June 2026 and witnessed the ratification of 2025 financial statements, according to a bourse filing. The …
Riyadh – Mubasher: Sport Clubs Company has officially announced the acquisition of a Shariah-compliant financing facility totaling SAR 70 million. The credit facility, structured as a Tawarruq arrangement, was secured through the Saudi Awwal Bank …
Riyadh – Mubasher: MBC Group has appointed Mishari bin Naji bin Saleh Al Ibrahim as a non-executive member of its Board of Directors, effective from 23 June 2026. This follows the resignation of board member Abdulrahman bin Ibrahim Al Rwaita, …
Riyadh – Mubasher: Al Rashid Industrial Company has announced that its shareholders approved a significant capital increase during the Extraordinary General Assembly meeting held on 17 June 2026. The assembly authorized a 50% expansion of the …
Riyadh - Mubasher: Asas Makeen Real Estate Development and Investment Company has renewed its Sharia-compliant credit facilities agreement with Al Rajhi Bank at a total value of SAR 350 million, according to a bourse filing. The company renewed …
Riyadh – Mubasher: Sport Clubs Company has opened two new fitness centers in Buraydah, located in the Al Qassim region, as part of its ongoing strategic expansion across the Kingdom of Saudi Arabia. The dual opening, which took place on Monday, 22 …
Riyadh – Mubasher: Americana Restaurants International has officially disclosed the results of its Board of Directors meeting held on 16 June 2026, during which the members discussed the firm’s operational performance, according to a bourse …
Riyadh – Mubasher: MBC Group, a leading media conglomerate in the MENA region, has announced the resignation of Abdulrahman bin Ibrahim Al Ruwaita from his position as a non-executive board member, according to a bourse filing. The director will …
Riyadh – Mubasher: Alkhaleej Training and Education Company has announced a 180-day extension to its non-binding memorandum of understanding (MoU) with GFH Financial Group regarding the proposed merger of their respective educational assets. The …
Riyadh – Mubasher: Bank Aljazira intends to issue US dollar-denominated additional tier 1 (AT1) capital certificate issuance under its program established on 4 September 2025, according to a bourse disclosure. The lender has mandated regional and …
Riyadh - Mubasher: BinDawood Holding Company penned a Sharia-compliant Murabaha financing from Arab National Bank (ANB) and Emirates NBD Bank to fund the acquisition of 51% of the shares of Vaza Food Company. The company obtained SAR 217.80 …
Riyadh - Mubasher: Al Majed for Oud Company signed a non-binding agreement, on 13 June, to fully acquire Al Safa Pharmaceuticals and Medical Supplies, according to a statement. The deal also involves related parties, including Othman Abdullah …
Riyadh – Mubasher: Saudi Pharmaceutical Industries and Medical Appliances Corporation (SPIMACO) has entered into a binding agreement to raise its stake in Arabian Medical Products Manufacturing Company (ENAYAH). SPIMACO intends to buy an …
Riyadh – Mubasher: SpaceX completed its initial public offering (IPO) on Nasdaq at an offering price of $135 per share and closed its first day of trading at $160.95, according to a bourse statement issued by Kingdom Holding Company. The Saudi …
Riyadh - Mubasher: SAL Saudi Logistics Services Company has established SAL International Ground Handling B.V., a wholly owned subsidiary incorporated in Amsterdam, Netherlands. The unit will mainly serve as an international holding entity, …
Riyadh - Mubasher: Saudia has teamed up with IMG to introduce live streaming of the FIFA World Cup 26 in flight via Sport 24, IMG’s live sport channels for the airline and cruise industries. The launch makes the national carrier the first Saudi …
Riyadh – Mubasher: Saudi Arabia’s Public Investment Fund (PIF) and Talaat Moustafa Group Saudi for Real Estate Development (TMG), the Saudi branch of leading Egyptian real estate developer TMG, have entered into a Memorandum of Understanding (MoU) …
Riyadh – Mubasher: Americana Restaurants International, a prominent operator in the regional food and beverage sector listed on the ADX as well, has formally notified the Saudi Exchange (Tadawul) of an upcoming meeting of its Board of Directors, …
Riyadh - Mubasher: GCC-based Aster DM Healthcare has launched a business in Saudi Arabia’s Eastern Province after acquiring a majority stake in ProCare Hospital through a joint venture (JV) with Abdulrahman Saleh Al Rajhi and Partners Co. Group. …
Riyadh - Mubasher: Saudi Arabia and Yemen inked a $150 million agreement to supply petroleum derivatives for power plants across various Yemeni governorates. The deal comes within the framework of the Saudi Development and Reconstruction Program …
Riyadh – Mubasher: Riyadh Air opened ticket sales for daily flights between Dubai and Riyadh, commencing on 18 June, according to a press release. This aligns with the airline's mission to connect the Kingdom with major global and regional hubs …
Mubasher: GFH Bank, formerly known as GFH Financial Group, penned a strategic memorandum of understanding (MoU) with OCTO Management Consultancies (OCTO) to develop a $300 million logistics and industrial real estate platform across Saudi Arabia …
UAE – Mubasher: Lunate, an Abu Dhabi-based global investment firm, has launched the GCCDIV ETF to serve as the first-of-kind Sharia-compliant exchange traded fund (ETF) in the Gulf region, according to a press release. GCCDIV ETF is scheduled to …
Riyadh – Mubasher: The Saudi Public Investment Fund (PIF) has explored the possibility of becoming a cornerstone investor in SpaceX’s initial public offering (IPO) on the Nasdaq stock exchange, according to a press release. With a reported …
