Riyadh - Mubasher: Arabian Contracting Services Company (Al Arabia) inked a contract with Wave Media Advertising Company on 8 June 2026 for three years. This agreement aligns with the listed company’s efforts to expand its operations in the …
Riyadh - Mubasher: Dar Al Majed Real Estate Company (Al Majdiah) signed a non-binding memorandum of understanding (MoU) with Al Ahli Capital, along with Rekaz Real Estate Company and Al Jadah Al Oula Real Estate Development Company. The companies …
Riyadh – Mubasher: The emir of the Asir region, Prince Turki bin Talal, has inaugurated nine vital road projects in the region with total investments amounting to SAR 473 million and a combined length of 252 kilometers. The inauguration was …
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 …
Riyadh - Mubasher: The board of ADES Holding Company proposed increasing the company’s capital by 100% through the issuance of bonus shares, according to a bourse filing. The new capital will stand at SAR 2.25 billion distributed over 2.25 billion …
Riyadh – Mubasher: Mutlaq Al Ghowairi Contracting Company (MGC) has officially decided to scrap its planned IPO and subsequent listing on the Main Market of the Saudi Exchange (Tadawul), according to an official statement. Despite achieving a high …
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 …
Riyadh - Mubasher: The Saudi Ministry of Sport and the National Center for Privatization & PPP (NCP) offered five sports clubs to investors as part of the Sports Clubs Investment and Privatization Project. Investors are welcomed to submit …
Riyadh – Mubasher: Zoom has launched a new data center in Saudi Arabia, reinforcing the Kingdom’s rapidly evolving digital landscape, according to a press release. The launch was held under the patronage of the Ministry of Communications and …
Riyadh – Mubasher: Emir of the Eastern Province, Prince Saud bin Naif bin Abdulaziz, inaugurated six major road projects worth a combined SAR 406 million and witnessed the signing of transport and logistics agreements exceeding SAR 3 billion. The …
Riyadh – Mubasher: OHL Arabia, a subsidiary of global infrastructure group OHLA, and Hassan Allam Construction Saudi Limited Company secured a contract award from Saudi Arabia Railways (SAR) to execute the construction works for the Dammam 2nd …
Riyadh – Mubasher: Saudi Awwal Bank (SAB) has completed the buyback of 5.74 million shares for the employee stock incentive program (ESIP) after receiving the extraordinary general meeting’s (EGM) approval on 21 April. The value of the purchased …
Riyadh – Mubasher: Al Ramz Real Estate Company signed an agreement to establish a Sharia-compliant real estate investment fund, named Alahli Alramz Assayel Residential Fund, at SAR 370 million. The joint venture (JV) is equally owned between Al …
Riyadh – Mubasher: Gensler, the world's most impactful design firm, has completed a new 25,000-square-meter workplace for a leading professional services client in Riyadh, according to a press release. Located in Laysen Valley and spanning 12 …
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 …
Riyadh - Mubasher: Saudia, the national flag carrier of Saudi Arabia, ranked first among airlines worldwide for on-time performance in May 2026, recording a 92.30% on-time departure rate and a 90.12% on-time arrival rate during the month, as per …
Riyadh - Mubasher: Standard Chartered has received approval from the Capital Market Authority (CMA) for its subsidiary, Standard Chartered Capital Saudi Arabia, to conduct investment management and fund operations activities in the Kingdom, …
Riyadh - Mubasher: Al Kuzama Trading Company has obtained a SAR 35 million Shariah-compliant credit facility from Al Rajhi Bank, according to a bourse filing. The deal aims to finance the acquisition of a 25% stake in Unique Food Catering Company …
Riyadh - Mubasher: Al Modawat Specialized Medical Company signed an engagement letter with Deloitte & Touche to conduct financial due diligence as part of its efforts to transfer shares from the Parallel Market (Nomu) to the Main Market (TASI). …
Riyadh - Mubasher: The shareholders of Hawyia Auctions Company approved the distribution of SAR 10 million in cash dividends for 2025 during the company’s ordinary general meeting (OGM), according to a bourse filing. The Tadawul-listed company …
Riyadh - Mubasher: Jamjoom Pharmaceuticals Factory Company (Jamjoom Pharma) inked a memorandum of understanding (MoU) with the General Administration of Pharmaceutical Care at the Ministry of Health Saudi Arabia, according to a press release. The …
Riyadh - Mubasher: Gulf Insurance Group (GIG) has received final approval from the Saudi Insurance Authority to market its freight service liability insurance product to group customers in the Kingdom. The approval was granted on 4 June 2026 and …
Riyadh - Mubasher: Taiba Investments Company has completed the deposit of proceeds from the sale of fractional shares resulting from its capital increase into eligible shareholders’ accounts on 8 June 2026. The company sold 21,514 fractional …
Riyadh – Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) signed a memorandum of understanding (MoU) with Dammam Airports to enhance the company's digital infrastructure, according to the Saudi Press Agency (SPA). Dammam Airports …
Riyadh – Mubasher: Riyadh Air has launched five new destinations that include Cairo, Dubai, Jeddah, Madrid, and Manchester, reinforcing air connectivity between Riyadh and several of the world’s prominent economic, tourism, and cultural hubs. The …
