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18 November 05:54 AM

Board of Directors

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17 November 05:39 PM MEPCO appoints new Chairman, Vice Chairman
Riyadh - Mubasher: Middle East Paper Company (MEPCO) named Musaab Sulaiman Al Muhaidib and Walid Ibrahim Shukri as the board’s Chairman and Vice Chairman, respectively.  The board reappointed the two officials for a four-year term starting on 14 …
Board of Directors
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17 November 12:36 PM MESC to pay SAR 20m cash dividends for H2-25
Riyadh - Mubasher: The board of Middle East Specialized Cables Company (MESC) decided to distribute cash dividends totaling SAR 20 million, representing 5% of the company’s SAR 400 million capital, for the second half (H2) of 2025. The …
Cash Dividends
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17 November 12:18 PM ACIG, Almunajem Foods name new CEOs
Riyadh - Mubasher: Allied Cooperative Insurance Group (ACIG) appointed Hamad bin Abdulaziz Al Mushari as its new CEO, effective from 23 November 2025, according to a bourse filing. The decision follows the board resolution on 13 November of …
Corporate Actions
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2 November 11:56 AM Obeikan Glass to launch SAR 430m SAR-denominated Sukuk programs
Riyadh - Mubasher: The board of Obeikan Glass Company approved plans, on 19 October, to establish SAR-denominated Sukuk programs worth SAR 430 million The issuance will be used to finance expansion projects and support strategic goals, according …
Board of Directors
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28 October 01:57 PM ADNOC Drilling’s regional expansion drives $1bn net profits in 9M-25
Abu Dhabi – Mubasher: ADNOC Drilling Company logged net profits valued at $1.06 billion in the first nine months (9M) of 2025, higher by 17% than $904.50 million. The group’s revenues climbed by 27% to $3.62 billion at the end of September 2025 …
Financial Results
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26 October 05:24 PM Dr. Sulaiman Al Habib’s profits rise 3% rise in 9M-25 net profits; dividends for Q3 announced
Riyadh - Mubasher: Dr. Sulaiman Al Habib Medical Services achieved an annual growth of 2.86% in net profits to SAR 1.75 billion during the first nine months (9M) of 2025, compared to SAR 1.70 billion. Revenues hiked by 23.95% year-on-year (YoY) to …
Financial Results
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22 October 08:06 AM Eastern Company’s gross sales hit EGP 106.6bn in FY24/25; dividends proposed
Cairo – Mubasher: The net profits after tax of Eastern Company hit EGP 9.71 billion in fiscal year (FY) 2024/2025, up 6% year-on-year (YoY) from EGP 9.18 billion. The gross revenues increased by 65% YoY to EGP 106.64 billion as of 30 June 2025, …
Board of Directors
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16 October 06:52 AM MENA-focused Talabat’s CEO steps down; Gyssels appointed
Dubai – Mubasher: MENA-focused Talabat Holding announced the resignation of its CEO Tomaso Rodriguez, as part of a planned leadership transition, according to a press release. Rodriguez, who held the position for six years, will continue …
Global Economy
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15 October 03:57 PM Saudi Networkers Services names new Chairman, Vice Chairman
Riyadh - Mubasher: The board of Saudi Networkers Services Company elected new board leadership, ending on 13 October 2029, following the general assembly’s meeting. Abdulmohsen Ibrahim Abdulaziz AlTouq was appointed Chairman for a four-year term, …
Corporate Actions
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14 October 09:47 AM Mawarid Manpower announces new key appointments
Riyadh – Mubasher: Mawarid Manpower Company appointed new Chairman and Vice Chairman for a new term that commenced on 11 October 2025 and ending on 10 October 2028. Ahmed Mohammed Al Rukban was announced as a new Chairman, while Abdullah Ibrahim …
Board of Directors
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12 October 05:23 PM Empower unveils AED 437.5m dividend for H1-25, new board members
Dubai - Mubasher: The shareholders of Emirates Central Cooling Systems Corporation (Empower) approved a cash dividend of AED 437.50 million for the first half (H1) of 2025. Empower will pay out 4.37 fils per share, equivalent to 43.75% of its …
Board of Directors
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12 October 11:58 AM Al Modawat unveils new brand, logo
Riyadh - Mubasher: The board of Al Modawat Specialized Medical Company approved changing the company’s brand and adopting a new logo on 11 October. The rebranding highlights its success in premium medical hospitality and supports its vision to …
Companies Investments
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5 October 08:46 AM Arabian Mills’ board approves SAR 461m expansion projects in Riyadh, Hail
Riyadh - Mubasher: The board of Arabian Mills for Food Products Company has approved expansion projects at its Riyadh and Hail branches worth a combined value of SAR 461 million. The plans include building a new flour mill, feed mill, and …
Companies Investments
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5 October 08:32 AM Salama Cooperative, Bawan announce new leadership appointments
Riyadh - Mubasher: Salama Cooperative Insurance Company appointed Montaser Mohammed Foudah as the board’s Chairman for four years. Fahad Talal Kurdi was named as the Vice Chairman until 10 September 2029, according to a bourse filing. Meanwhile, …
Corporate Actions
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1 October 08:08 PM Al Bargan leads Southern Province Cement’s business as new CEO
Riyadh - Mubasher: The board of Southern Province Cement Company assigned Saud bin Safar Al Bargan as the company’s CEO until further notice, starting from 1 October 2025. Al Bargan has over 25 years of experience in the field of work, 15 of which …
Corporate Actions
Tamer El Mahdi, Managing Director and CEO of Telecom Egypt
1 October 08:39 AM Telecom Egypt names El-Mahdi as new Managing Director, CEO
Cairo - Mubasher: Telecom Egypt has appointed Tamer El Mahdi as its new Managing Director and CEO, according to a press release. El Mahdi succeeded Mohamed Nasr, who stepped down from his executive role and board membership. As part of his new …
Corporate Actions
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29 September 01:13 PM Marble Design unveils 15% capital raise via bonus shares
Riyadh - Mubasher: The board of Marble Design Factory Company greenlighted increasing its capital to SAR 75 million from SAR 60 million on 28 September. The 25% capital hike will be executed by capitalizing SAR 15 million from the retained …
Board of Directors
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29 September 12:59 PM Northern Region Cement’s board greenlights SAR 45m dividends for H1-25
Riyadh - Mubasher: The board of Northern Region Cement Company has approved SAR 45 million cash dividends, equivalent to 2.50% of the company’s SAR 1.80 billion capital, for the first half (H1) of 2025. The Tadawul-listed company will pay out a …
Board of Directors
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28 September 06:49 PM Saudi Networker Services eyes moving shares to TASI
Riyadh - Mubasher: The board of Saudi Networkers Services Company (NSN) has approved transferring its shares from the Parallel Market (Nomu) of the Saudi Exchange to the Main Market (TASI) on 25 September 2025. The move is subject to the Capital …
Trading Activities
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28 September 01:03 PM Saudi Ground Services to disburse SAR 188m cash dividends for H1-25
Riyadh - Mubasher: Saudi Ground Services Company announced SAR 188 million as interim cash dividends for the first half (H1) of 2025, according to a bourse filing. The Tadawul-listed company will pay out a dividend of SAR 1 per share, equivalent …
Cash Dividends