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Board of Directors

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20 April 06:59 PM SHL Finance unveils SAR 50m cash dividends for 2025
Riyadh – Mubasher: The board of SHL Finance Company recommended cash dividends valued at SAR 50 million to 100 eligible shares for 2025, according to a bourse filing. The group will pay out SAR 0.50 per share, representing 5% of the share’s …
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19 April 04:36 PM SISCO Holding names Zuazua as new CEO
Riyadh - Mubasher: Sustained Infrastructure Holding Company (SISCO Holding) announced Mauricio Zuazua as its new CEO, effective on 19 April 2026.  The board approved the appointment based on a recommendation from the Nominations and Remunerations …
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19 April 03:55 PM Miahona to pay out SAR 0.15/shr dividends for 2025
Riyadh - Mubasher: The board members of Miahona Company recommended the distribution of SAR 24.13 million in cash dividends for 160.92 million eligible shares for 2025. The Tadawul-listed company will disburse SAR 0.15 per share, representing 15% …
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16 April 07:02 PM Avalon Pharma appoints new leadership team
Riyadh - Mubasher: Middle East Pharmaceutical Industries Company (Avalon Pharma) named Ahmad Shaher Al Tabbaa as the board’s Chairman for the next four years. The ordinary general meeting (OGM), which was held on 9 April 2026, also resolved to …
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16 April 06:40 PM ANB names new Chairman, Vice Chairman
Riyadh - Mubasher: Arab National Bank (ANB) announced Salah Rashid Al Rashed as the board’s Chairman for a three-year term ending on 31 March 2029. The board members of ANB also appointed Abdulmohsen Ibrahim Al Touq as the Vice Chairman for the …
PIF
16 April 07:11 AM PIF’s board approves 2026-2030 strategy to maximize returns, attract global investments
Riyadh - Mubasher: The board of the Saudi Public Investment Fund (PIF) approved the 2026-2030 strategy, which focuses on delivering competitive domestic ecosystems to connect sectors and unlock the full potential of strategic assets. The outlined …
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15 April 04:38 PM United Carton Industries’ board approves SAR 20m dividends for 2025
Riyadh - Mubasher: The board of United Carton Industries Company greenlighted the distribution of SAR 20 million in cash dividends to 40 million eligible shares for 2025. The Tadawul-listed company will disburse a dividend of SAR 0.50 per share, …
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15 April 04:00 PM Burgerizzr to distribute cash dividends for 2025
Riyadh - Mubasher: The board members of Shatirah House Restaurant Company (Burgerizzr) recommended cash dividends worth SAR 5.60 million, equivalent to 10% of its SAR 56 million capital. The Saudi company will pay out a dividend of SAR 0.10 per …
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15 April 03:14 PM Egypt Aluminum expects EGP11.1bn net profits in FY26/27
Cairo - Mubasher: The board members of Egypt Aluminum approved, during its 14 April 2026 meeting, its estimated budget for fiscal year (FY) 2026/2027. The EGX-listed company targets EGP 11.15 billion in net profit after tax as of 30 June 2027, …
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15 April 02:29 PM Al Majdiah announces new Chairman, Vice Chairman
Riyadh - Mubasher: Dar Al Majed Real Estate Company (Al Majdiah) named Khalid bin Abdulrahman Al Majed as the board’s Chairman for the next four years. Majed bin Abdulrahman Al Majed was appointed as the Vice Chairman until 12 April 2030, …
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14 April 12:30 PM Aljazira Takaful announces Al Obrah as CEO
Riyadh - Mubasher: Aljazira Takaful Taawuni Company named Abdulrahman bin Saleh Al Obrah as its CEO, effective 13 July 2026. The board member approved this appointment on 13 April 2026, according to a bourse disclosure. Al Obrah brings nearly 23 …
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13 April 06:57 PM Saudi Printing unveils 2 key appointments
Riyadh - Mubasher: Saudi Printing and Packaging Company has named Saleh Hussain Al Dowais as the Chairman of the board, according to a bourse filing. Ali bin Hassan bin Mohammed Al Jameel was appointed as the Vice Chairman for the current term, …
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13 April 06:29 PM Alsaif Gallery to pay SAR 21m dividends for H2-25
Riyadh – Mubasher: Al Saif Stores for Development and Investment Company (Alsaif Gallery) is set to disburse cash dividends amounting to SAR 21 million for the second half (H2) of 2025. The company will pay out a dividend of SAR 0.06 per share for …
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13 April 01:03 PM Retal appoints new CEO, Managing Director
Riyadh - Mubasher: Retal Urban Development Company appointed Kamal bin Ahmed Mohammed Ahmed as the new CEO, succeeding Abdullah bin Faisal bin Abdulaziz Al Braikan, effective 13 April 2026. Meanwhile, Al Braikan was named the company’s Managing …
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13 April 10:54 AM solutions’ board mulls 100% capital hike to back expansion
Riyadh - Mubasher: The board member of Arabian Internet and Communications Services Company (solutions) recommended increasing the capital to SAR 2.40 billion from SAR 1.20 billion. The group will capitalize SAR 1.20 billion from its retained …
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12 April 11:55 AM Riyadh Steel to pay SAR 3.5m cash dividends for 2025
Riyadh – Mubasher: Riyadh Steel Company announced cash dividends amounting to SAR 3.50 million, representing 5% of the capital, for 2025. The group plans to SAR 0.05 per share for 70 million eligible shares, according to a bourse filing. …
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12 April 10:27 AM GIG’s board eyes SAR 63m dividends for 2025
Riyadh - Mubasher: The board members of Gulf Insurance Group (GIG) recommended cash dividends amounting to SAR 63 million for 2025, according to a bourse filing. GIG will pay out a dividend of SAR 1.20 per share, equivalent to 12% of the share’s …
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9 April 05:18 PM Acwa announces Al Humaid as Vice Chairman
Riyadh - Mubasher: The board of Acwa Power Company approved, during its 8 April 2026 meeting, the resignation of Raad bin Esmat Al Saadi from his position as the Vice Chairman of the company.  Acwa's board also agreed to appoint Yazeed bin …
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9 April 12:40 PM Shalfa's board approves transfer to Tadawul's Main Market
Riyadh - Mubasher: The board members of Shalfa Facilities Management Company approved to move the listed shares from the Saudi Exchange’s (Tadawul) Parallel Market (Nomu) to the Main Market. On 8 April 2026, the board also agreed to appoint Value …
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9 April 12:09 PM Vertika‘s board approves EGP 1.5m capital raise
Cairo - Mubasher: The board members of Vertika for Industry and Trade Company greenlighted increasing its capital to EGP 6.68 million from EGP 5.13 million through bonus shares. The company will raise the capital by EGP 1.54 million, which will be …
Saudi Exchange (Tadawul)
8 April 07:32 PM Marble Design plans moving to Tadawul’s Main Market
Riyadh – Mubasher: The board members of Marble Design Factory Company approved the transition from the Parallel Market (Nomu) to the Main Market (TASI) on the Saudi Exchange (Tadawul), according to a bourse disclosure. Moving from Nomu, meanwhile, …
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7 April 11:55 AM Batic Investments, Tibbiyah announce new leaderships
Riyadh - Mubasher: Batic Investments and Logistics Company appointed Fares bin Mansour Al Rajhi as the board's Chairman and Turki bin Ahmed Al Obailan as Dupty Cahirman for the next four years. The new appointment will take effect on 3 April 2026 …
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5 April 02:26 PM Valmore Holding appoints new Chairman, Vice Chairman
Cairo - Mubasher: Valmore Holding named Loay Jassem Mohamed Al Kharafi as the board’s Chairman for the next three years. Meanwhile, Adel El-Moataz Adel El-Alfi was appointed as the Vice Chairman, according to a bourse filing. Last December, the …
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5 April 09:50 AM SAL names Chairman, Vice Chairman
Riyadh - Mubasher: SAL Saudi Logistics Services Company appointed Fawaz Mohammed Al Fawwaz as the Chairman for a new term commencing on 30 March 2026, ending on 29 March 2030. Mohammad Abdullah Abunayyan was named as the Vice Chairman for four …
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2 April 11:21 PM Eastern Company records EGP 62.6bn total revenue in H1-25/26 unaudited results; dividends unveiled
Cairo – Mubasher: Eastern Company achieved net profits after tax worth EGP 6.04 billion in the first half (H1) of fiscal year (FY) 2025/2026. The net income generated in the period from 1 July to 31 December 2025 was higher by 12% or EGP 666 …