Riyadh – Mubasher: Al Rajhi Company for Cooperative Insurance (Al Rajhi Takaful) has announced that its shareholders approved a significant capital increase during the Extraordinary General Meeting (EGM) held on 21 June. The assembly, which …
Riyadh – Mubasher: Alistithmar for Financial Securities and Brokerage Company, known as Alistithmar Capital, has announced the signing of a significant commercial guarantee agreement aimed at stabilizing the financial performance of the …
Riyadh – Mubasher: Bank Aljazira has announced the successful completion of its offering of US dollar-denominated Additional Tier 1 (AT1) capital certificates, raising a total of $500 million. The issuance was conducted under the bank’s $1.50 …
Riyadh – Mubasher: Scientific & Medical Equipment House Company has renewed its Sharia-compliant credit facility agreement with Arab National Bank (ANB) after it was finalized and signed on 18 June 2026, according to a bourse filing. The financing …
Riyadh – Mubasher: Saudi Reinsurance Company (Saudi Re) has announced the formal establishment of its Audit Committee following the receipt of a non-objection letter from the Insurance Authority on 18 June. The formation of the committee, which …
Riyadh – Mubasher: Jabal Omar Development Company, a major player in the Saudi Arabian real estate sector, has officially entered into a Sharia-compliant Murabaha financing agreement valued at SAR 2 billion with the Saudi National Bank (SNB). The …
Riyadh – Mubasher: Gulf Union Al Ahlia Cooperative Insurance Company announced that its shareholders reviewed and approved the financial results for the fiscal year that ended on 31 December 2025, according to a bourse filing. The company also …
Riyadh – Mubasher: The shareholders of Aljazira Takaful Taawuni Company approved a cash dividend distribution of SAR 26.40 million for the 2025 fiscal year, according to a bourse filing. The general assembly meeting resulted in the ratification of …
Riyadh – Mubasher: Knowledge Economic City, a major real estate development entity, has finalized a Sharia-compliant financing agreement with Riyad Bank for a total of SAR 150 million, according to a bourse filing. This facility is specifically …
Riyadh – Mubasher: The Saudi Company for Hardware (SACO) has announced the results of its Ordinary General Assembly meeting held on 17 June 2026, during which the shareholders approved the election of a new Board of Directors for the upcoming …
Riyadh – Mubasher: Arabian Shield Cooperative Insurance Company approved the financial statements for the fiscal year ended on 31 December 2025 and authorized a series of high-value related party transactions involving major Saudi corporations and …
Riyadh – Mubasher: Bank Aljazira has officially launched the offering of its US dollar-denominated additional tier 1 (AT1), marking a significant step in the bank’s international capital-raising strategy. The issuance, conducted through a special …
Riyadh – Mubasher: Al Mohafaza Company for Education has reached an agreement to reschedule an interest-free loan totaling SAR 3 million provided by Maroum Drilling Medical Services Company, a related party. The rescheduling, finalized on 16 June, …
Riyadh - Mubasher: The board of Al Sagr Cooperative Insurance Company recommended utilizing the company’s statutory reserve balance to partially absorb its accumulated losses. The proposal, finalized on 16 June, involves the allocation of SAR 8.90 …
Riyadh – Mubasher: Al Rajhi Company for Cooperative Insurance (Al Rajhi Takaful) has officially announced the timeline for electronic voting regarding its upcoming extraordinary general meeting (EGM). The meeting, which is the first session …
Riyadh - Mubasher: Arabia Insurance Cooperative Company has appointed Wahbe Abdullah Tamari as Chairman of the Board. Abdullah Saeed bin Saeed was named as the Vice Chairman, according to a bourse disclosure. The Insurance Authority greenlighted …
Riyadh – Mubasher: Keir International Company has renewed an amended Shariah-compliant banking facilities agreement valued at SAR 11.92 million with Al Rajhi Bank. The one-year financing aims to facilitate the renewal of performance bonds, …
Riyadh – Mubasher: Bank Aljazira intends to issue US dollar-denominated additional tier 1 (AT1) capital certificate issuance under its program established on 4 September 2025, according to a bourse disclosure. The lender has mandated regional and …
Riyadh – Mubasher: Alinma Bank intends to exercise the early redemption option for its SAR 5 billion Additional Tier 1 (AT1) Capital Sukuk, according to a bourse disclosure. The bank confirmed that the redemption will cover the entire issuance at …
Riyadh - Mubasher: BinDawood Holding Company penned a Sharia-compliant Murabaha financing from Arab National Bank (ANB) and Emirates NBD Bank to fund the acquisition of 51% of the shares of Vaza Food Company. The company obtained SAR 217.80 …
Riyadh – Mubasher: The Capital Market Authority (CMA) of Saudi Arabia has officially announced the approval of Riyad Bank’s application for the registration and public offering of a debt instruments program, according to a bourse filing. The …
Riyadh - Mubasher: Malath Cooperative Insurance Company (Malath Insurance) signed an agreement with National Housing Services to organize and support the issuance process of the contractor's works insurance product for latent defects policies …
Riyadh – Mubasher: Saudi Advanced Industries Company (SAIC) renewed its Sharia-compliant credit facilities valued at SAR 100 million with Alinma Bank, according to a bourse disclosure. SAIC obtained the funding on 15 June 2026 to support its …
Riyadh – Mubasher: The board of Arabian Mills for Food Products Company approved a voluntary prepayment of SAR 50 million toward the existing Murabaha agreement with the Saudi Awwal Bank (SAB). This payment will contribute to reducing financing …
Riyadh – Mubasher: The Mediterranean and Gulf Insurance and Reinsurance Company (MedGulf) signed an agreement, on 14 June, to provide health insurance services for Binladin International Holding Group employees and their dependents. The …
