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18 minutes ago Anaam International Holding’s revenues hit SAR 6m in Q2-26; accumulated losses unveiled
Riyadh – Mubasher: Anaam International Holding Group reported a net loss of SAR 1.34 million for the second quarter (Q2) of 2026, representing a 79.84% reduction compared to the SAR 6.63 million in Q2-25. The narrowing of losses occurred despite a …
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2 hours ago AMAK appoints new independent director
Riyadh – Mubasher: Almasane Alkobra Mining Company (AMAK) announced  the resignation of non-executive member Majed Ali bin Muslim, effective 10 August 2026. The company stated the resignation was submitted to enhance corporate governance practices …
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2 hours ago GGCI granted regulatory approval for health insurance renewal
Riyadh – Mubasher: Gulf General Cooperative Insurance Company (GGCI) received formal approval from the Insurance Authority on 6 August 2026 to renew its annual qualification for health insurance activities. The regulatory green light allows the …
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2 hours ago BAAN Holding secures 5-year Hajj service license
Riyadh – Mubasher: BAAN Holding Group received a formal license from the Ministry of Hajj and Umrah on 5 August 2026 to provide services for overseas pilgrims. The authorization is valid for a duration of five years, extending through the end of …
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2 hours ago AMAK names Managing Director following CEO departure
Riyadh – Mubasher: The board of Almasane Alkobra Mining Company (AMAK) approved the consensual termination of the contractual relationship with CEO Geoffrey Macdonald Day. The decision, reached during a board meeting held on 10 August 2026, will …
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2 hours ago Thobe Al Aseel cancels acquisition talks for Al Tuwaijri Men’s Supplies
Riyadh – Mubasher: Thob Al Aseel Company announced the expiration of its non-binding memorandum of understanding (MoU) regarding the potential acquisition of a 100% stake in Al Tuwaijri Men’s Supplies. The agreement ended on 9 August 2026, without …
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2 hours ago Chemanol nods for external auditor appointment
Riyadh – Mubasher: Methanol Chemicals Company (Chemanol) announced the results of its ordinary general meeting (OGM) held on 6 August 2026, where shareholders approved the external auditor’s report for 2025. The auditor's report was passed with a …
Saudi Capital Market Authority (CMA)
3 hours ago Mayar Holding says CMA rejects SAR 500m Sukuk program
Riyadh — Mubasher: Mayar Holding Company announced that the Capital Market Authority (CMA) rejected its application to register and offer a public issuance of debt instruments. The proposed SAR 500 million convertible Sukuk program was intended to …
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3 hours ago Bena Steel Industries opens nominations for new board term
Riyadh — Mubasher: Bena Steel Industries Company announced the opening of nominations for its board of directors for the upcoming four-year term, according to a bourse filing. The company is seeking candidates for four board seats to serve during …
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3 hours ago ASG Plastic Factory records 94% jump in Q2-26 net profit
Riyadh — Mubasher: ASG Plastic Factory Company reported a 93.85% year-on-year (YoY) surge in net profit for the second quarter (Q2) of 2026. Earnings reached SAR 13.18 million in April-June 2026 compared to SAR 6.80 million during the same period …
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3 hours ago Ladun Investment turns to net losses in H1-26
Riyadh — Mubasher: Ladun Investment Company reported a net loss of SAR 73.91 million during the first half (H1) of 2026, shifting from a net profit of SAR 21.32 million in H1-25. The company’s revenue for the half-year period fell by 50.97% to SAR …
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3 hours ago Mulkia Investment completes fractional share sale following capital increase
Riyadh — Mubasher: Mulkia Investment Company recently announced the completion of the fractional share sale process and the subsequent distribution of proceeds to eligible shareholders, according to a bourse filing. The fractional shares were …
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5 hours ago Saudi Fisheries urges shareholders to deposit physical certificates ahead of capital raise
Riyadh – Mubasher: Saudi Fisheries Company (SFICO) issued an urgent notice requesting shareholders who still hold physical paper certificates to deposit them into electronic investment portfolios. The move follows the company’s announcement on 5 …
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5 hours ago Arab Sea Information Systems turns profitable in Q2-26; accumulated losses fall
Riyadh – Mubasher: Arab Sea Information Systems Company swung to a net profit of SAR 1.62 million for the second quarter (Q2) of 2026, against a net loss of SAR 2.70 million during the same period in 2025. The company attributed the turnaround to …
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5 hours ago SASCO records nearly $17m valuation gain on xAI investment
Riyadh - Mubasher: Saudi Automotive Services Company (SASCO) received an updated fair value notification from its investment fund regarding its stake in xAI, which rebranded into SpaceX in February 2026 and now operates as its AI division under …
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5 hours ago Jahez shifts to consolidated losses in H1-26; revenues jump 36%
Riyadh - Mubasher: Jahez International Company for Information Systems Technology posted consolidated net loss of SAR 26.60 million for the first half (H1)of 2026, shifting from a profit in the same period last year. The loss per share stood at …
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5 hours ago ADES Holding to resume operations for all suspended offshore rigs in Saudi Arabia
Riyadh - Mubasher: ADES Holding Company received official notices to resume operations for all of its offshore rigs that were previously subject to temporary suspensions in Saudi Arabia. The company stated that the resumption reflects the …
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09:29 AM Abdullah Al Othaim Markets shifts to losses in Q2-26 on ERP system challenges
Riyadh – Mubasher: Abdullah Al Othaim Markets Company turned to net losses of SAR 107.13 million for the second quarter (Q2) of 2026, reversing a net profit of SAR 41.14 million recorded during the same period last year. The retailer attributed …
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09:27 AM BAAN Holding offsets accumulated losses following capital restructuring
Riyadh – Mubasher: BAAN Holding Group has completed its strategic plan to eliminate its accumulated losses, which have now reached 0% of the company's capital. The move follows a resolution approved during the Extraordinary General Meeting (EGM) …
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09:24 AM SENAAT posts higher profits at SAR 54m in H1-26
Riyadh – Mubasher: Advanced Building Industries Company (SENAAT) registered SAR 54.18 million in net profit during the first half (H1) of 2026, an annual leap of 45.66% from the SAR 37.20 million. The company achieved this growth despite a 7.13% …
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09:17 AM Chemanol faces trading suspension over delayed financial results
Riyadh – Mubasher: Methanol Chemicals Company (Chemanol) announced it is unable to publish its interim financial results for the period that ended on 30 June 2026, within the specified regulatory timeframe. The delay is primarily attributed to the …
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09:03 AM Gaafar joins SARCO’s audit committee as new member
Riyadh – Mubasher: The board of Saudi Arabian Refineries Company (SARCO) approved the appointment of Adel Mamdouh Gaafar as a member of the audit committee during a meeting held on 11 August 2026. Gaafar joins the committee as an external member, …
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08:22 AM Takween sees 49% higher revenues in H1-26; accumulated losses reach 73.5% of capital
Riyadh - Mubasher: Takween Advanced Industries Company announced a net loss of SAR 62.19 million for the first half (H1) of 2026, an annual hike of 74.85% from SAR 35.57 million. The company attributed the deeper loss to higher administrative, …
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08:20 AM Cenomi Retail generates SAR 2.6bn revenues in H1-26; losses deepen
Riyadh – Mubasher: The net losses of AFG International Company (Cenomi Retail) retreated by 21.99% year-on-year (YoY) to SAR 80.90 million for the second quarter (Q2) of 2026, compared to SAR 103.70 million. The retailer’s quarterly revenue rose …
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08:17 AM Tabuk Cement’s net profits shrink 96.5% in Q2-26 on lower demand, fuel costs
Riyadh – Mubasher: Tabuk Cement Company witnessed 96.39% year-on-year (YoY) decline in net profit for the second quarter (Q2) of 2026, falling to SAR 510,000 from SAR 14.13 million. The company attributed the performance to lower cement demand …