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16 July 05:37 PM Theeb Rent a Car opens 2 new branches in Southern Region
Riyadh – Mubasher: Theeb Rent a Car Company has inaugurated two new branches in the Southern Region, located in Muhayil Asir and Abha. The expansion brings the total number of the company's branches in the Southern Region to 13 and increases its …
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16 July 05:27 PM DRC concludes fractional share sale following capital hike
Riyadh – Mubasher: Digital Research Company (DRC) has completed the fractional share sale process and the subsequent distribution of proceeds to eligible shareholders. The sale follows the company’s capital increase, which received approval during …
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16 July 05:16 PM Hedab Alkhaleej launches e-voting ahead of OGM
Riyadh – Mubasher: Hedab Alkhaleej Trading Company has commenced its electronic voting for its Ordinary General Meeting (OGM), scheduled to be held virtually on 21 July 2026. The electronic voting process will open to shareholders via the …
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16 July 05:07 PM Mutakamela Insurance announces new board member
Riyadh - Mubasher: Mutakamela Insurance Company has appointed Nabil bin Azzouz as a non-executive member of its board of directors. The decision, initially approved by the board on 22 June 2026, fills a vacant seat following the receipt of …
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16 July 04:43 PM Al Yamama Steel assigns Italy’s Danieli for steel billet production line
Riyadh - Mubasher: Al Yamama Rebar Company, a unit of Al Yamamah Steel Industries Company, has identified Italy’s Danieli as the specialized European firm contracted for the production of steel billets. The disclosure serves as a formal update to …
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16 July 04:29 PM Derayah Financial announces effective date for non-fundamental changes to Derayah REIT
Riyadh- Mubasher: Derayah Financial announced an update regarding non-fundamental changes to Derayah REIT Fund following initial board approval disclosed on 1 July 2026. The fund manager confirmed that these administrative adjustments are …
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16 July 03:56 PM Cenomi Centers secures SAR 1.7bn financing agreement with Riyad Bank
Riyadh - Mubasher: Durrat Al Raed for Real Estate Investment, a special purpose vehicle of Arabian Centres Company (Cenomi Centers), has signed a Sharia-compliant Murabaha financing agreement with Riyad Bank. The facility increases existing …
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16 July 03:09 PM Edarat distributes proceeds from fractional share sale
Riyadh – Mubasher: Edarat Communication and Information Technology Company has finalized fractional share sale process and the subsequent distribution of proceeds to eligible shareholders. The sale follows a capital increase approved by the …
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16 July 02:38 PM Al Muneef finalizes fractional share sale
Riyadh – Mubasher: Al Muneef Trading, Industry, Agriculture and Contracting Company completed completion of the sale of fractional shares and the subsequent deposit of proceeds into the accounts of eligible shareholders. The fractional shares …
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16 July 02:13 PM First Avenue completes fractional share sale distribution
Riyadh – Mubasher: First Avenue for Real Estate Development Company has completed the distribution of proceeds from the sale of fractional shares following its capital increase. The company deposited a total of SAR 1,461 into the investment …
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16 July 02:00 PM Waja invites shareholders to discuss expanding board
Riyadh – Mubasher: Waja Company has invited its shareholders to attend the Extraordinary General Meeting (EGM), scheduled for 6 August 2026, at 19:00. The meeting, which will be conducted via modern technology, aims to address several key …
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16 July 01:41 PM Service Equipment rolls out supply deal with Valvoline Arabic Oil
Riyadh – Mubasher: Service Equipment Company penned a supply agreement with Valvoline Arabic Oil on 15 July 2026, according to a bourse disclosure. Under the terms of the contract, Service Equipment will serve as the designated supplier for …
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16 July 12:36 PM Tadawul announces SAR 53m negotiated deal on Rasan’s shares
Riyadh – Mubasher: Rasan Information Technology Company witnessed a special deal executed on the Saudi Exchange (Tadawul) on 16 July 2026. The transaction was implemented on 388,368 shares at SAR 136 per share, for a total value of about SAR 52.81 …
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16 July 12:25 PM Jarir records SAR 4.5m special deal on Tadawul
Riyadh - Mubasher: Jarir Marketing Company witnessed a negotiated deal executed during the 16 July session on the Saudi market (Tadawul). The transaction was executed on 250,000 shares at SAR 17.76 per share, for a total value of about SAR 4.44 …
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16 July 12:12 PM Mulkiya Investment EGM nods for 15.5% capital raise via bonus shares
Riyadh - Mubasher: The shareholders of Mulkia Investment Company approved a 15.38% capital increase during an extraordinary general meeting (EGM) held on 15 July 2026. The capital hike will be executed through the issuance of bonus shares to …
ADES Holding
16 July 12:00 PM ADES Holding unveils SAR 483m offshore drilling contract in UK North Sea
Riyadh - Mubasher: ADES Holding Company has secured a new offshore drilling services contract for the Shelf Drilling Fortress jack-up rig in the British sector of the North Sea. The agreement, signed with NEO Energy E&P UK Limited, carries a total …
Saudi Exchange (Tadawul)
16 July 11:48 AM Watani Iron and Steel submits application for transferring to Main Market
Riyadh – Mubasher: Watani Iron Steel Company has submitted an official application to the Saudi Exchange (Tadawul) to transition its shares from the Nomu-Parallel Market to the Main Market. The company filed the request through the automated …
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16 July 11:35 AM Ladun Investment’s net losses leap 614% in Q1-26
Riyadh – Mubasher: Ladun Investment Company incurred a net loss of SAR 39.77 million for the first quarter (Q1) of 2026, representing a 614.22% leap when compared to the SAR 5.57 million loss in Q1-25. The company attributed the widening loss to a …
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16 July 11:20 AM Mayar Holding’s subsidiary begins commercial production
Riyadh – Mubasher: Rasa Food Industries, a subsidiary of Mayar Holding Company, has officially begun commercial production at its manufacturing facility following the receipt of all necessary regulatory approvals. The subsidiary, which is 97.5% …
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16 July 11:04 AM Shalfa Facilities pens SAR 366.5m agreement with Tatweer Building
Riyadh – Mubasher: Shalfa Facilities Management Company has signed a contract with Tatweer Building Company valued at SAR 366.49 million, excluding value-added tax. The agreement, signed on 7 July 2026, covers the provision of cleaning, …
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16 July 10:17 AM Axelerated Solutions inks contract with King Faisal Specialist Hospital
Riyadh – Mubasher: Axelerated Solutions for Information and Communication Technology Company has signed a major contract with King Faisal Specialist Hospital and Research Centre for the supply and leasing of end-user computing devices and …
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16 July 09:41 AM Saudi German Health appoints Chairman, Vice Chairman
Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Health) has appointed its leadership for the new board of directors session following a meeting held on 15 July 2026. The board approved the selection of Abdulaziz Hashim Al Anzi, an …
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16 July 09:32 AM Tadawul adjusts Mulkia Investment stock price following capital hike approval
Riyadh - Mubasher: The Saudi Exchange (Tadawul) has adjusted the fluctuation limit for Mulkia Investment Company shares based on a price of SAR 37.26, effective on 16 July 2026. The adjustment follows the approval of a capital increase through the …
Photo Archive
16 July 09:16 AM ADES Holding secures SAR 375.5m offshore drilling contract in Nigeria
Riyadh - Mubasher: ADES Holding Company has secured a new offshore drilling services contract in Nigeria valued at approximately SAR 375.30 million ($100.10 million). The agreement was signed with Seplat Energy Producing Nigeria unlimited, a …
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15 July 09:06 PM Chemanol’s shareholders greenlight 77.7% capital reduction
Riyadh – Mubasher: The shareholders of Methanol Chemicals Company (Chemanol) have approved a significant capital restructuring during an extraordinary general meeting held on 14 July 2026. The company will reduce its share capital by 77.76%, …