Riyadh - Mubasher: Perfect Presentation for Commercial Services Company (2P Perfect Presentation) renewed and increased its Sharia-compliant credit facilities with Saudi Awwal Bank (SAB). The financing agreement is valued at SAR 447.99 million and …
Riyadh - Mubasher: The board of Amana Cooperative Insurance Company recommended a 30% reduction in the company’s capital to restructure its finances and extinguish accumulated losses. Under the proposal, the capital will decrease from SAR 430 …
Riyadh – Mubasher: Moody’s Investors Service has downgraded Al Etihad Cooperative Insurance Company’s Insurance Financial Strength Rating (IFSR) from ‘Baa2’ to ‘Ba1’. The rating agency has also placed the company’s credit profile under review for …
Riyadh — Mubasher: The Company for Cooperative Insurance (Tawuniya) issued a supplemental disclosure regarding its upcoming extraordinary general meeting (EGM), providing shareholders with a limited assurance report on related party transactions. …
Riyadh – Mubasher: The net profits attributable to the shareholders of Wataniya Insurance Company increased by 36.53% to SAR 9.12 million in the first half (H1) of 2026. The recorded gains were compared to SAR 6.68 million in H1-25, the financial …
Riyadh – Mubasher: Riyad Bank has successfully completed the issuance and subscription of its Tier 1 capital Sukuk, raising the total offering size to SAR 10 billion. The bank initially targeted SAR 5 billion but increased the issuance following …
Riyadh - Mubasher: Bidaya Finance renewed its SAR 750 million Sharia-compliant credit facility agreement with Al Rajhi Bank on 3 August 2026, according to a bourse disclosure. The facility aims to expand and increase the company's sales volume …
Riyadh — Mubasher: Mohammed Hadi Al Rasheed & Partners Company recently issued a corrective disclosure regarding its recent procurement of Sharia-compliant banking facilities from Saudi Awwal Bank (SAB). The company clarified that a clerical error …
Riyadh - Mubasher: Arabia Insurance Cooperative Company reported net losses after Zakat and tax of SAR 26.74 million for the first six months (6M) of 2026, reversing a net profit of SAR 9.57 million in the first half (H1) of 2025. The company …
Riyadh – Mubasher: Gulf General Cooperative Insurance Company (GGCI) suffered 46.80% year-on-year (YoY) lower net losses after Zakat valued at SAR 15.47 million for the second quarter (Q2) of 2026, compared to the SAR 29.08 million. The narrower …
Riyadh – Mubasher: United Cooperative Assurance Company logged a net profit after Zakat of SAR 13.52 million for the second quarter (Q2) of 2026, higher by 910.85% year-on-year (YoY) than SAR 1.34 million. The company attributed the quarterly …
Riyadh - Mubasher: The net losses of Salama Cooperative Insurance Company widened by 358.58% year-on-year (YoY) to SAR 17.02 million for the second quarter (Q2) of 2026 from SAR 3.71 million. The widening loss was primarily driven by insurance …
Riyadh – Mubasher: Aljazira Takaful Taawuni Company witnessed a sharp decline in financial performance for the first half (H1) of 2026, with net profit after Zakat and tax falling by 99.50% to SAR 100,000, compared to SAR 20.19 million in H1-25. …
Riyadh - Mubasher: The net losses after Zakat of Amana Cooperative Insurance Company hiked to SAR 23.23 million in the first half (H1) of 2026 from SAR 249,000 a year earlier. The company’s accumulated losses reached SAR 211.05 million as of 30 …
Riyadh – Mubasher: Saudi Enaya Cooperative Insurance Company swung to net losses after Zakat valued at SAR 25.05 million for the second quarter (Q2) of 2026, compared to net profit of SAR 169,000 in the same period last year. The company …
Riyadh – Mubasher: Allied Cooperative Insurance Group (ACIG) turned to net losses valued at SAR 4.15 million in the first half (H1) of 2026, compared to net profits worth SAR 15.11 million in H1-25. Insurance revenues hiked by 59.90% year-on-year …
Riyadh — Mubasher: Al Ramz Real Estate Company has obtained Sharia-compliant credit facilities totaling SAR 300 million from Alinma Bank. The financing package is divided into two distinct tranches designed to support the company’s expansion plans …
Riyadh – Mubasher: Gulf Union Al Ahlia Cooperative Insurance Company recorded a net profit after Zakat of SAR 1.68 million for the first half (H1) of 2026, a recovery from a net loss of SAR 67.83 million during the same period in 2025. The company …
Riyadh - Mubasher: CHUBB Arabia Cooperative Insurance Company recorded 9.98% year-on-year (YoY) lower net profits after tax and Zakat at SAR 911,000 in the second quarter (Q2) of 2026, compared to SAR 1.01 million. The decline in profitability …
Riyadh – Mubasher: Derayah Financial Company’s board of directors has approved a total cash dividend distribution of SAR 80.71 million for the second quarter (Q2) of 2026. The payout is based on a total of 244.56 million outstanding shares, …
Riyadh — Mubasher: The net profits of Malath Cooperative Insurance Company dropped by 70.17% to SAR 1.99 million in the second quarter (Q2) of 2026 from SAR 6.68 million in Q2-25. The company attributed the decline primarily to a 29.78% drop in …
Riyadh – Mubasher: Mutakamela Insurance Company swung to net losses attributable to the shareholders amounting to SAR 22.02 million in the first half (H1) of 2026, according to the financial results. The negative results were recorded against net …
Riyadh – Mubasher: Al Etihad Cooperative Insurance Company suffered a net loss after Zakat of SAR 92.19 million for the first half (H1) of 2026, higher by 21.93% than SAR 75.61 million in H1-25. The company attributed the widening half-year loss …
Riyadh - Mubasher: The Mediterranean and Gulf Insurance and Reinsurance Company (MedGulf) generated net profits after Zakat amounting to SAR 44.17 million for the second quarter (Q2) of 2026. The company shifted from net losses valued at SAR 1.47 …
Riyadh – Mubasher: Derayah Financial Company achieved net profit amounting to SAR 100.75 million for the second quarter (Q2) of 2026, down 6.03% year-on-year (YoY). The decrease in profitability occurred despite a 2.28% increase in quarterly …
