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11 August 05:27 PM

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2 hours ago Savola Group announces major shareholder restructuring
Riyadh - Mubasher: Savola Group received notification on 9 August 2026 regarding a change in the ownership of its major shareholders following an internal restructuring of investment portfolios. Al Muhaidib Holding Company, which previously held a …
Corporate Actions
Photo Archive
3 hours ago Ash-Sharqiyah Development’s net losses shrink in H1-26
Riyadh – Mubasher: Ash-Sharqiyah Development Company turned to net losses of SAR 2.12 million for the second quarter (Q2) of 2026, against net profits valued at SAR 317,953 recorded in Q2-25. The company attributed the downturn to a 28.56% decline …
Company News
Photo Archive
3 hours ago Saudi Ceramics awards SAR 16m contract to Sadr Logistics
Riyadh – Mubasher: Saudi Ceramic Company inked a contract with Sadr Logistics Company totaling SAR 16.07 million, excluding value-added tax. The agreement involves a SAR 3.07 million supply order for wooden pallets alongside core project works …
Companies Investments
Photo Archive
3 hours ago Avalon Pharma declares SAR 28m cash dividends for H1-26
Riyadh - Mubasher: The board of Middle East Pharmaceutical Industries Company (Avalon Pharma)  approved a cash dividend distribution totaling SAR 28 million for the first half (H1) of 2026. The distribution will target 35 million eligible shares, …
Board of Directors
Photo Archive
3 hours ago Mawarid Manpower to pay out SAR 32m dividends for H1-26
Riyadh – Mubasher: Mawarid Manpower Company’s board of directors greenlighted a cash dividend distribution of SAR 32 million to shareholders for the first half (H1) of 2026. The distribution will be allocated across 20 million eligible shares, …
Central Banks
Photo Archive
3 hours ago Jarir opens SAR 48m showroom in Arar
Riyadh - Mubasher: Jarir Marketing Company opened a new showroom on Prince Abdullah bin Abdulaziz bin Musaed Road in Arar on 6 August 2026. The company invested SAR 48 million in the facility, which spans an area of 4,432 square meters. This …
Company News
Photo Archive
3 hours ago Qassim Cement unveils SAR 88m cash dividends for Q2-26
Riyadh – Mubasher: Qassim Cement Company’s board of directors has approved a cash dividend distribution of SAR 87.81 million for the second quarter (Q2) of 2026. The payout will be distributed across 109.76 million eligible shares, according to a …
Cash Dividends
Photo Archive
3 hours ago Flynas rolls out agreement for government travel services
Riyadh - Mubasher: Flynas Company  has signed a unified framework agreement with the Expenditure and Projects Efficiency Authority (EXPRO) to provide passenger travel services for government entities. The agreement establishes a standardized …
Companies Investments
Photo Archive
3 hours ago SAPTCO’s accumulated losses hit 16% of capital
Riyadh – Mubasher: Saudi Public Transport Company (SAPTCO) announced a significant reduction in its accumulated losses, which currently stand at 16.17% of its total capital. According to a company disclosure, the accumulated losses reached SAR …
Financial Results
Photo Archive
3 hours ago Alkhaleej Training’s net profits near SAR 11.5m in H1-26
Riyadh – Mubasher: Alkhaleej Training and Education Company generated 38.61% year-on-year (YoY) lower profits at SAR 11.46 million in the first half (H1) of 2026, compared to SAR 18.67 million. The company attributed the decline to a 9.42% drop in …
Company News
Photo Archive
4 hours ago Farm Superstores achieves SAR 680m revenues in H1-26
Riyadh – Mubasher: The net profits of Saudi Marketing Company (Farm Superstores) declined by 4.38% to SAR 13 million in the first half (H1) of 2026 from  SAR 13.60 million. The company’s total revenue for the half-year period drop by 5.23% …
Company News
Photo Archive
4 hours ago Shams reports 115% higher losses in H1-26
Riyadh - Mubasher: Tourism Enterprise Company (Shams) incurred net losses of SAR 6.54 million for the first half (H1) of 2026, an annual leap of 114.89% from SAR 3.04 million. The company attributed the widening loss to realized losses from the …
Company News
Photo Archive
4 hours ago Maadaniyah suffers 63% lower losses in Q2-26; accumulated losses unveiled
Riyadh – Mubasher: The losses of National Metal Manufacturing and Casting Company (Maadaniyah) retreated by 62.96% year-on-year (YoY) to net loss of SAR 2 million in the second quarter (Q2) of 2026 from the SAR 5.40 million. The reduction in …
Financial Results
Photo Archive
4 hours ago ADES Holding to distribute SAR 221m interim dividends for H1-26
Riyadh - Mubasher: The board of ADES Holding Company has approved the distribution of SAR 220.83 million in interim cash dividends to shareholders for the first half (H1) of 2026. The payout is equivalent to SAR 0.20 per share, representing 20% of …
Board of Directors
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12:15 PM 2P Perfect Presentation secures SAR 448m credit facilities from SAB
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 …
Companies Investments
Photo Archive
12:07 PM CGS logs SAR 8.5m net profits in Q1-26/27
Riyadh - Mubasher: Consolidated Grünenfelder Saady Holding Company (CGS) announced its financial results for the first quarter (Q1) of fiscal year (FY) 2026/2027, reporting a net profit of SAR 8.49 million. This represents a 7.97% decrease from …
Company News
Photo Archive
12:04 PM Najran Cement records 45% YoY lower profits in H1-26
Riyadh – Mubasher: Najran Cement Company logged net profits totaling SAR 11.96 million for the first half (H1) of 2026, marking a 44.92% decrease from the SAR 21.71 million in H1-25. The company attributed the decline to a drop in average selling …
Company News
Photo Archive
12:02 PM Scientific & Medical Equipment House bags SAR 12m security aviation contract
Riyadh – Mubasher: Scientific & Medical Equipment House Company received a contract award notice on 6 August 2026 for a medical operation and maintenance project. The contract, valued at SAR 11.92 million including value-added tax, was awarded by …
Companies Investments
Photo Archive
10:43 AM Al Akaria posts higher profits at SAR 579m in H1-26
Riyadh - Mubasher: Saudi Real Estate Company (Al Akaria) reported a net profit of SAR 579 million for the first half (H1) of 2026, an annual leap of 152.18% from SAR 229.60 million. The surge in profitability was primarily attributed to a SAR 640 …
Financial Results
Photo Archive
10:39 AM Sadr Logistics pens SAR 3.5m agreement with Saudi Ceramics
Riyadh – Mubasher: Sadr Logistics Company has signed a contract with Saudi Ceramic Company at a value of SAR 3.53 million, including value-added tax. Under the terms of the agreement, Sadr Logistics will supply wooden pallets to support the …
Company News
Photo Archive
10:11 AM Jarir to distribute SAR 240m dividends for Q2-26
Riyadh - Mubasher: The board of Jarir Marketing Company has approved a cash dividend distribution of SAR 240 million to shareholders for the second quarter (Q2) of 2026. The payout represents 20% of the company's nominal share value. The …
Company News
Photo Archive
09:58 AM Southern Province Cement’s net profits skyrocket 700% in Q2-26
Riyadh - Mubasher: Southern Province Cement Company generated 700% year-on-year (YoY) higher net profits at SAR 24 million for the second quarter (Q2) of 2026, compared to SAR 3 million. The company attributed the profit growth to higher sales …
Financial Results
Moody’s
09:40 AM Moody’s downgrades Al Etihad Cooperative Insurance’s rating to ‘Ba1’
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 …
Company News
Photo Archive
09:33 AM MEPCO’s net profits climb 26% in H1-26
Riyadh – Mubasher: Middle East Paper Company (MEPCO) logged a net profit of SAR 15.29 million for the second quarter (Q2) of 2026, representing a 192.61% hike compared to SAR 5.23 million in the same period last year. The company attributed the …
Financial Results
Photo Archive
09:23 AM Jabal Omar appoints Al Harthi as new CEO
Riyadh - Mubasher: Jabal Omar Development Company announced that its board of directors approved the appointment of Waleed bin Ali Al Harthi as the company’s new CEO on 10 August 2026. Al Harthi is scheduled to officially commence his duties on 6 …
Board of Directors