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Americana Restaurants International
18 June 05:29 PM Cross-listed Americana Restaurants reviews operational performance, corporate affairs
Riyadh – Mubasher: Americana Restaurants International has officially disclosed the results of its Board of Directors meeting held on 16 June 2026, during which the members discussed the firm’s operational performance, according to a bourse …
MBC Group
18 June 04:54 PM MBC Group discloses resignation of Al Ruwaita
Riyadh – Mubasher: MBC Group, a leading media conglomerate in the MENA region, has announced the resignation of Abdulrahman bin Ibrahim Al Ruwaita from his position as a non-executive board member, according to a bourse filing. The director will …
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16 June 02:48 PM Bank Aljazira mandates regional, global lenders for USD AT1 capital certificates issue
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 …
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14 June 07:30 PM Al Majed for Oud signs non-binding offer to acquire GCC-focused Safa Pharmaceuticals
Riyadh - Mubasher: Al Majed for Oud Company signed a non-binding agreement, on 13 June, to fully acquire Al Safa Pharmaceuticals and Medical Supplies, according to a statement. The deal also involves related parties, including Othman Abdullah …
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14 June 06:07 PM SPIMACO ups equity ownership in MENA-focused ENAYAH to 63%
Riyadh – Mubasher: Saudi Pharmaceutical Industries and Medical Appliances Corporation (SPIMACO) has entered into a binding agreement to raise its stake in Arabian Medical Products Manufacturing Company (ENAYAH). SPIMACO intends to buy an …
SpaceX
14 June 12:24 PM Kingdom Holding unveils fair value of SpaceX stake following Nasdaq listing
Riyadh – Mubasher: SpaceX completed its initial public offering (IPO) on Nasdaq at an offering price of $135 per share and closed its first day of trading at $160.95, according to a bourse statement issued by Kingdom Holding Company. The Saudi …
SAL
14 June 10:51 AM SAL launches subsidiary in Netherlands to expand into international markets
Riyadh - Mubasher: SAL Saudi Logistics Services Company has established SAL International Ground Handling B.V., a wholly owned subsidiary incorporated in Amsterdam, Netherlands. The unit will mainly serve as an international holding entity, …
PIF, TMG collaborate for giga-projects development
7 June 03:37 PM Region’s giants PIF, TMG collaborate for giga-projects development
Riyadh – Mubasher: Saudi Arabia’s Public Investment Fund (PIF) and Talaat Moustafa Group Saudi for Real Estate Development (TMG), the Saudi branch of leading Egyptian real estate developer TMG, have entered into a Memorandum of Understanding (MoU) …
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3 June 04:17 PM Saudi Nahdi Medical, Checkout.com expand digital payment solutions in GCC region
Riyadh – Mubasher: Nahdi Medical Company entered into a partnership with Checkout.com to integrate its payment acquiring and processing technology into the company’s online platforms, according to a press release. The collaboration aims at …
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1 June 03:30 PM CMA approves public offering of Al Rajhi GCC Equity Income Fund
Riyadh - Mubasher: The Capital Market Authority (CMA) has approved the public offering of the Al Rajhi GCC Equity Income Fund, which will be managed and offered by Al Rajhi Capital, a subsidiary of Al Rajhi Bank. The approval allows the fund to be …
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31 May 11:18 AM Al Etihad Cooperative Insurance now licensed for new product serving visitors to Saudi Arabia
Riyadh – Mubasher: Al Etihad Cooperative Insurance Company has obtained the final approval from the Saudi Insurance Authority (IA) to market and sell its new Tourist Insurance product, according to a bourse filing. The insurance solution is …
Mobily, Ericsson collaborate for 20 years during Hajj season
28 May 05:33 PM Mobily, Ericsson collaborate for 20 years during Hajj season
Riyadh – Mubasher: Etihad Etisalat Company (Mobily) and Ericsson have marked 20 years of collaboration in supporting connectivity for pilgrims during Hajj season, enhanced with expanded 5G capacity and AI-based capabilities this year. The …
5G Flying Site service by stc
28 May 03:56 PM stc offers integrated digital services during Hajj season
Riyadh – Mubasher: Saudi Telecom Company (stc) Group provided pilgrims during this year’s Hajj season with a comprehensive suite of technical and digital infrastructure in the holy sites, according to a press release. The telecom operator aimed at …
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28 May 11:19 AM Region-focused fintech firm Network International fast tracks FABMISR digital payments
Cairo – Mubasher: First Abu Dhabi Bank Misr (FABMISR), one of the largest banks operating in Egypt and a subsidiary of the UAE listed FAB, recently entered into a strategic partnership agreement with leading fintech company across the Middle East …
Saudi Telecom Company (stc)
28 May 11:10 AM stc delivers one of world’s record performances on Arafah Day
Riyadh – Mubasher: The giant Saudi Telecom Company (stc) group stated that it successfully delivered one of the world’s most demanding digital and operational performances on the Day of Arafah, which occurred on 26 May 2026. The Saudi telecom …
Al Rashid Industrial Company
27 May 02:06 PM Al Rashid Industrial to vote on 50% capital hike recommendation, GCC-based transaction
Riyadh – Mubasher: The board members of Al Rashid Industrial Company officially invited its shareholders to attend the extraordinary general meeting (EGM) on 17 June 2026 to vote on the primary agenda for the session that involves a capital …
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27 May 11:14 AM Fadeco boosts regional footprint by entering 2 markets
Riyadh – Mubasher: Arabian Food & Dairy Factories Company (Fadeco) announced the commencement of its product exports to Iraq and Djibouti, according to a bourse disclosure. This strategic move marks a significant step in the company’s regional …
Saudi Arabian Oil Company (Aramco)
25 May 04:16 PM Aramco transfers full ownership in PRefChem to Petronas
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) and Petroliam Nasional Berhad (Petronas) have signed an agreement for the transfer of Aramco’s equity stakes in Pengerang Refining Company Sdn. Bhd. and Pengerang Petrochemical Company Sdn. …
Alef Education Holding and TMRW Edtech
24 May 09:55 AM AI-powered education solutions in GCC, MENA endorsed via EdTech agreement
Abu Dhabi - Mubasher: Alef Education Holding has teamed up with TMRW Edtech to benefit the GCC and MENA region by redefining the future of schooling through advanced AI-driven innovation, according to a press release. The two education innovators …
Saudi Capital Market Authority (CMA)
19 May 01:00 PM Saudi CMA approves public offering of Al Rajhi GCC Equity Fund excluding KSA
Riyadh – Mubasher: The Capital Market Authority (CMA) of Saudi Arabia has nodded for Al Rajhi Capital, a subsidiary of Al Rajhi Bank, to proceed with the public offering of the Al Rajhi GCC Equity Fund (Excluding KSA), according to an official …
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19 May 09:58 AM ADNOC Distribution, Americana Restaurants International partner to improve roadside trail across region
Mubasher: The net profits of ADNOC Distribution and Americana Restaurants International joined forces to expand dining and convenience offerings across ADNOC Distribution service station locations in the UAE, Saudi Arabia, and Egypt. Under the …
SAB Invest
19 May 08:57 AM We are supporting evolution of Saudi Arabia as global financial hub - SAB Invest CEO
Riyadh – Mubasher: SAB Invest, the investment arm of Saudi Awwal Bank (SAB), was announced as the first ETF market maker in the Kingdom, marking a new milestone in the Saudi capital market, according to a press release. The CEO of SAB Invest, Ali …
Aramco, Pasqal launch Middle East’s 1st commercial QCaaS platform
18 May 05:41 PM Aramco partners with Pasqal to launch Middle East’s 1st commercial QCaaS platform
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) collaborated with Pasqal, a global leader in neutral-atom quantum computing, for the inauguration of the first quantum computer in Saudi Arabia. Aramco and Pasqal also unveiled the first …
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18 May 03:24 PM Riyad Bank launches 1st corporate card offering via partnership with Mastercard
Riyadh – Mubasher: Riyad Bank and Mastercard jointly launched an innovative Travel and Expense (T&E) Corporate Card program, marking the Saudi lender’s first corporate card offering in the Kingdom. The launch builds on the two entities’ ongoing …
SANY Group
18 May 02:07 PM Al Naqool expands fleet to meet rising concrete demand through deal with region-focused SANY
Riyadh – Mubasher: Mohammed Hasan Al Naqool Sons Company has acquired 12 specialized heavy vehicles from the commercial and construction development company SANY Group at a value of approximately SAR 5.91 million, according to a bourse filing. The …