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9 June 09:20 PM Balsm Alofoq to review financial performance, authorize interim dividends
Riyadh – Mubasher: Balsm Alofoq Medical Company has formally invited its shareholders to attend the Ordinary General Assembly Meeting (First Meeting) on 28 June 2026, according to a bourse filing. The meeting, which will be conducted virtually …
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9 June 09:09 PM Hilwa Water to review 2025 financials, related party contracts end-June
Riyadh – Mubasher: Aljouf Mineral Water Bottling Company, operating under the popular consumer brand name Hilwa Water, has announced the invitation of its shareholders to attend the Ordinary General Assembly Meeting, scheduled to take place on 30 …
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9 June 08:45 PM Cority chooses Saudi Arabia to establish regional headquarters
Riyadh – Mubasher: Cority, a Canada-based converged platform for preventing Environmental, Health, and Safety (EHS) risks in operations, has established its regional headquarters (RHQ) in Saudi Arabia, according to a press release. The platform …
Masar Gardens by Umm Al Qura for Development and Construction
9 June 08:26 PM Masar Gardens has initial investment of roughly SAR 6bn – Umm Al Qura
Riyadh – Mubasher: Umm Al Qura for Development and Construction has announced its 2026–2030 growth strategy that includes its 1.2 million-square-meter Masar Gardens project. The new mixed-use urban destination in Makkah has an initial …
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9 June 08:06 PM Tawuniya to raise capital upon regulatory approval
Riyadh – Mubasher: The Capital Market Authority (CMA) has approved a request from The Company for Cooperative Insurance (Tawuniya) to increase its share capital by 50% through the issuance of bonus shares, according to an official statement. This …
Saudi Capital Market Authority (CMA)
9 June 07:56 PM CMA greenlights Al Naqool’s request to double capital via free shares
Riyadh – Mubasher: The Saudi Capital Market Authority (CMA) has officially authorized a request from Mohammed Hasan Al Naqool Sons Company to increase its share capital by 100% through the issuance of bonus shares. The transaction is set to raise …
Abdulaziz bin Ahmed Altwijri Trading Company
9 June 07:34 PM Tadawul nods for Al Rajhi Capital as market maker for Altwijri Trading
Riyadh – Mubasher: The Saudi Exchange Company has officially announced the approval of Al Rajhi Capital to begin market-making activities for Abdulaziz bin Ahmed Altwijri Trading Company starting from 10 June 2026. The aproval aims to enhance the …
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9 June 07:04 PM Al Rajhi Capital ends market-making activities for Tharwah
Riyadh – Mubasher: The Saudi Exchange Company has announced the formal approval of a request submitted by Al Rajhi Capital to terminate its market-making activities for Altharwah Albashariyyah Company, known as Tharwah. The cessation of these …
Saudi Exchange (Tadawul)
9 June 06:18 PM Merrill Lynch KSA market-making agreements terminated for certain Nomu-listed entities
Riyadh – Mubasher: The Saudi Exchange Company has officially announced the approval of a request from Merrill Lynch Kingdom of Saudi Arabia to terminate its market-making activities for four companies listed on the exchange. The cessation of these …
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9 June 06:04 PM Tadawul adjusts fluctuation limits for Fesh Fash after bonus share approval
Riyadh – Mubasher: Fesh Fash Snack Food Production Company has received shareholder approval for a capital increase through the issuance of bonus shares, leading to a recalibration of the company’s trading parameters on the Saudi Exchange …
Al Arabia
9 June 05:50 PM Al Arabia rolls out SAR 336.5m project award
Riyadh - Mubasher: Arabian Contracting Services Company (Al Arabia) inked a contract with Wave Media Advertising Company on 8 June 2026 for three years. This agreement aligns with the listed company’s efforts to expand its operations in the …
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9 June 05:36 PM Al Majdiah signs MoU to launch educational real estate fund
Riyadh - Mubasher: Dar Al Majed Real Estate Company (Al Majdiah) signed a non-binding memorandum of understanding (MoU) with Al Ahli Capital, along with Rekaz Real Estate Company and Al Jadah Al Oula Real Estate Development Company. The companies …
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9 June 05:13 PM Asir region inaugurates road projects at SAR 473m investments
Riyadh – Mubasher: The emir of the Asir region, Prince Turki bin Talal, has inaugurated nine vital road projects in the region with total investments amounting to SAR 473 million and a combined length of 252 kilometers. The inauguration was …
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9 June 04:57 PM Riyadh Air opens ticket sales for daily flights between Dubai, Riyadh
Riyadh – Mubasher: Riyadh Air opened ticket sales for daily flights between Dubai and Riyadh, commencing on 18 June, according to a press release. This aligns with the airline's mission to connect the Kingdom with major global and regional hubs …
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9 June 04:35 PM ADES Holding’s board recommends 100% capital hike
Riyadh - Mubasher: The board of ADES Holding Company proposed increasing the company’s capital by 100% through the issuance of bonus shares, according to a bourse filing. The new capital will stand at SAR 2.25 billion distributed over 2.25 billion …
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9 June 04:34 PM Edaa implements corporate action on Naba Alsaha
Riyadh – Mubasher: The Securities Depository Center Company, known as Edaa, has officially announced the implementation of a securities quantity increase for Naba Alsaha Medical Services Company, according to an official statement. The adjustment, …
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9 June 04:24 PM Saudi banking app industry projected to exceed SAR 121.7bn by 2030
Riyadh – Mubasher: The Saudi banking app industry is expected to grow at an average rate of 4.88% annually, reaching SAR 121.71 billion by 2030, according to a press release. This shows the increasing adoption of digital banking services across …
Capital Market Authority (CMA)
9 June 04:13 PM CMA imposes financial penalty on Keir International over violation
Riyadh – Mubasher: The Capital Market Authority (CMA) has announced a formal resolution to impose a fine of SAR 10,000 on Keir International Company. The penalty follows a determination by the regulator that the company failed to comply with …
Mutlaq Al Ghowairi Contracting Company (MGC)
9 June 03:18 PM Mutlaq Al Ghowairi reverses IPO decision after consultation with advisors
Riyadh – Mubasher: Mutlaq Al Ghowairi Contracting Company (MGC) has officially decided to scrap its planned IPO and subsequent listing on the Main Market of the Saudi Exchange (Tadawul), according to an official statement. Despite achieving a high …
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9 June 03:02 PM GFH to develop $300m logistics, industrial platform across Saudi Arabia, UAE
Mubasher: GFH Bank, formerly known as GFH Financial Group, penned a strategic memorandum of understanding (MoU) with OCTO Management Consultancies (OCTO) to develop a $300 million logistics and industrial real estate platform across Saudi Arabia …
Saudi Arabia offers 5 football clubs for privatization
9 June 01:15 PM Saudi Arabia offers 5 football clubs for privatization
Riyadh - Mubasher: The Saudi Ministry of Sport and the National Center for Privatization & PPP (NCP) offered five sports clubs to investors as part of the Sports Clubs Investment and Privatization Project. Investors are welcomed to submit …
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9 June 01:04 PM Maadaniyah announces key appointments
Riyadh – Mubasher: National Metal Manufacturing and Casting Company (Maadaniyah) has appointed Fawaz bin Mohammed Al Fawaz as the Chairman of the Board of Directors for the next four years. Shaker bin Nafil Al Otaibi was named the Vice Chairman, …
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9 June 10:25 AM Zoom launches new data center in Saudi Arabia
Riyadh – Mubasher: Zoom has launched a new data center in Saudi Arabia, reinforcing the Kingdom’s rapidly evolving digital landscape, according to a press release. The launch was held under the patronage of the Ministry of Communications and …
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9 June 08:54 AM Saudi Arabia, Russia pen SAR 4.8bn agreements at SPIEF
Riyadh – Mubasher: Saudi Arabia and Russia inked 13 strategic agreements and memoranda of understanding (MoUs) valued at SAR 4.80 billion on the sidelines of the St. Petersburg International Economic Forum (SPIEF). The agreements aim to expand …
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9 June 08:35 AM Eastern Province accelerates infrastructure development via SAR 3bn transport, logistics projects
Riyadh – Mubasher: Emir of the Eastern Province, Prince Saud bin Naif bin Abdulaziz, inaugurated six major road projects worth a combined SAR 406 million and witnessed the signing of transport and logistics agreements exceeding SAR 3 billion. The …