Riyadh – Mubasher: Thimar Development Holding Company has appointed Sulaiman bin Naser Al Hatlan as the board’s Chairman for four years, according to a bourse filing. Mohammad bin Saleiman Aleisa was named as the Vice Chairman following the …
Riyadh - Mubasher: MENA-based digital freight network TruKKer secured an inaugural trade receivables securitization facility of up to $300 million arranged and funded by Abu Dhabi Commercial Bank (ADCB). The transaction, among the GCC’s first …
Riyadh - Mubasher: Saudi Chemical Company has signed a contractual agreement with the National Company for Mechanical Systems (NCMS) to supply military materials. Both sides inked the deal on 14 May 2026 for five years at a value of $198 million …
Riyadh - Mubasher: Alinma Capital, the fund manager for Alinma Retail REIT, has issued a corrective announcement concerning the fund’s quarterly statement for the period ending 31 March 2026. The correction follows the identification of inaccurate …
Riyadh - Mubasher: Amlak International Finance Company renewed its Sharia-compliant facility agreement with Saudi Investment Bank (SAIB) at a value of SAR 1.06 billion on 14 May 2026. The loan is secured by an assignment of receivables as well as …
Dubai – Mubasher: Air Arabia registered net profits after tax valued at AED 248.20 million in the first quarter (Q1) of 2026, down 22% year-on-year (YoY) from AED 305.13 million, according to the financial results. The lower profits were driven by …
Riyadh – Mubasher: Mutlaq Al Ghowairi Contracting Company (MGC) plans to proceed with an initial public offering (IPO) on the Main Market of the Saudi Exchange (Tadawul), according to a press release. The Capital Market Authority (CMA) approved …
Riyadh – Mubasher: Saudi fintech Stitch has secured $25 million in Series A funding led by the US-based VC Andreessen Horowitz (a16z), marking its first investment in the GCC region. The transaction brings Stitch’s total funding to $35 million, …
Riyadh – Mubasher: Saudi Printing and Packaging Company shifted to net profits worth SAR 7.21 million during the first quarter (Q1) of 2026. The positive results were against net losses of SAR 24.40 million in the January-March 2025 period, …
Riyadh – Mubasher: Bawan Company generated revenue worth SAR 1.03 billion during the first quarter (Q1) of 2026, signaling a 13.31% increase from SAR 910.17 million in Q1-25. The company elaborated that the annual revenue growth is mainly due to …
Riyadh – Mubasher: Almunajem Foods Company recorded a year-on-year (YoY) leap of 142.50% in net profit during the first quarter (Q1) of 2026. The net income stood at SAR 97 million in January-March 2026 when compared to SAR 40 million in the same …
Riyadh - Mubasher: Saudi Automotive Services Company (SASCO) shifted to net losses totaling SAR 23.70 million in the first quarter (Q1) of 2026, compared to net profits valued at SAR 4.28 million. The revenues climbed by 9.45% to SAR 3.02 billion …
Riyadh – Mubasher: The net profits of Najran Cement Company fell by 64.46% to SAR 6.10 million in the first quarter (Q1) of 2026 from SAR 17.19 million in Q1-25. The sales retreated by 9.03% year-on-year (YoY) to SAR 123.01 million as of 31 March …
Riyadh - Mubasher: Southern Province Cement Company turned to net losses valued at SAR 4 million in the first quarter (Q1) of 2026, compared to net profits of SAR 16 million in Q1-25. The revenues declined by 7.72% year-on-year (YoY) to SAR 203 …
Riyadh - Mubasher: Arabian Contracting Services Company (Al Arabia) logged net profits after tax totaling SAR 8.88 million in the first quarter (Q1) of 2026, an annual leap of 94.54% from SAR 162.78 million. The sales fell by 21.99% year-on-year …
Riyadh - Mubasher: Lazurde Company for Jewelry generated 72.93% year-on-year (YoY) lower net profits attributable to the shareholder at SAR 3.60 million in the first quarter (Q1) of 2026. The quarterly earnings were compared with SAR 13.30 million …
Riyadh -Mubasher: The net profits of Saudi Ceramic Company (Saudi Ceramics) increased by 6.14% to SAR 22.41 million in the first quarter (Q1) of 2026 from SAR 21.12 million in Q1-25. The company posted an annual decline of 0.41% in revenue to SAR …
Riyadh – Mubasher: Advanced Building Industries Company (SENAAT) achieved net profits worth SAR 31 million in the first quarter (Q1) of 2026. The net income generated in January-March 2026 signaled a 30.73% growth from SAR 23.71 million in Q1-25, …
Riyadh – Mubasher: Al Babtain Power and Telecommunication Company generated revenue amounting to SAR 747.90 million in the first quarter (Q1) of 2026, reflecting an 18.48% increase from SAR 631.20 million in Q1-25. The annual revenue growth …
Riyadh - Mubasher: Takween Advanced Industries Company incurred 99.57% year-on-year (YoY) higher net losses at SAR 18.99 million in the first quarter (Q1) of 2026, compared to SAR 9.51 million. The loss per share hit SAR 0.25 in Q1-26, up from SAR …
Riyadh – Mubasher: Alkhaleej Training and Education Company registered net profits worth SAR 1.96 million in the first quarter (Q1) of 2026. The net income in January-March 2026 signaled a 72.51% decrease from SAR 7.16 million in the same quarter …
Riyadh – Mubasher: Aljazira Takaful Taawuni Company achieved net profits, after Zakat, worth SAR 7.46 million in the first quarter (Q1) of 2026, which marked an annual plunge of 53.69% from SAR 16.11 million in Q1-25. The insurance revenue, …
Riyadh – Mubasher: The net losses of Al Jouf Cement Company widened by 41.80% to SAR 21.60 million in the first quarter (Q1) of 2026 from SAR 15.23 million in Q1-25. At the end of March 2026, revenues plunged by 41.32% year-on-year (YoY) to SAR …
Abu Dhabi – Mubasher: The net profits after tax of RAK Ceramics declined by 21.80% year-on-year (YoY) to AED 38.21 million in the first quarter (Q1) of 2026 from AED 48.87 million. The basic and diluted earnings per share (EPS) hit AED 0.03 in …
Riyadh - Mubasher: Saudi Real Estate Company (Al Akaria) recorded 251.84% year-on-year (YoY) higher net profits attributable to the shareholders at SAR 475.70 million in the first quarter (Q1) of 2026, compared to SAR 135.20 million. The revenues …
