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18 May 02:04 PM SMC Healthcare’s OGM greenlights SAR 80m dividends for 2025
Riyadh - Mubasher: The ordinary general meeting (OGM) of Specialized Medical Company (SMC Healthcare) approved the board’s recommendation to distribute a cash dividend totaling SAR 80 million for 2025. The group will pay a dividend of SAR 0.32 per …
Multi Business Group Company
18 May 01:32 PM Multi Business Group secures contract with Saudi EXIM
Riyadh – Mubasher: Multi Business Group Company has officially announced the awarding of a substantial contract by the Saudi Export-Import Bank (Saudi EXIM) on 17 May 2026, according to a bourse filing. The project covers the comprehensive …
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18 May 12:43 PM Al Qemam to support government entity’s infrastructure under SAR 2.5m deal
Riyadh – Mubasher: Al Qemam for Computer Systems Company inked a SAR 2.36 million contract with Al Kam Telecommunications and Information Technology Company on 17 May 2026. The deal covers the provision of infrastructure support services to a …
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18 May 12:30 PM BCI unveils update regarding Jeddah land sale
Riyadh – Mubasher: Basic Chemical Industries Company (BCI), a major player in the Saudi industrial sector, has issued a detailed addendum regarding the sale of a company-owned land parcel in Jeddah, according to a bourse filing. The new …
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18 May 12:28 PM Majid Al Futtaim officially launches SHARE in Saudi Arabia
Mubasher: Majid Al Futtaim has officially launched SHARE in Saudi Arabia, introducing its flagship rewards program to one of the region’s fastest-growing and digitally connected markets, according to a press release. SHARE serves as the group’s …
Sport Clubs Company
18 May 12:02 PM Sport Clubs inaugurates new center in Dammam
Riyadh – Mubasher: Sport Clubs Company announced, on 18 May 2026, the official opening of a new fitness facility in Dammam. The new center in An Nada District marks a strategic expansion of the company’s presence in the Eastern Province, operating …
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18 May 11:59 AM Ataa Educational’s net profits jump 11% in 9 months
Riyadh – Mubasher: The net profits attributable to the shareholders of Ataa Educational Company hit SAR 88.61 million in the nine-month period that ended on 30 April 2026. The recorded profits climbed by 11.12% year-on-year (YoY) from SAR 79.74 …
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18 May 11:39 AM ADES Holding rolls out SAR 181m contract for jack-up in Nigeria
Riyadh - Mubasher: ADES Holding Company has secured a new contract for its Main Pass IV standard jack-up rig in Nigeria, estimated at SAR 180.70 million ($48.20 million). The contract has a one-year firm term, with an additional one-year unpriced …
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18 May 11:24 AM SENAAT’s unit pens SAR 252m deal with PIF-backed TKE ALAT
Riyadh – Mubasher: Advance Construction Solutions Company for Projects (ZODCON), a subsidiary of Advanced Building Industries Company (SENAAT), signed a contract with TKE ALAT Manufacturing on 12 May 2026. The deal, valued at SAR 252 million, aims …
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18 May 11:06 AM Thimar announces update on lawsuit against former board members
Riyadh – Mubasher: Thimar Development Holding Company has unveiled a significant legal development regarding its liability lawsuit filed against several former members of its board of directors. The Appeal Committee for the Resolution of …
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18 May 10:55 AM SAIC generates higher revenues in Q1-26; profits hit SAR 7.5m
Riyadh – Mubasher: Saudi Advanced Industries Company (SAIC) logged net profits attributable to the owners valued at SAR 7.43 million in the first quarter (Q1) of 2026, an annual hike of 41.52% from SAR 5.25 million. The sales inched up by 0.06% to …
Dar Al Balad for Business Solutions
18 May 10:18 AM Region-focused Dar Al Balad for Business Solutions’ retail IPO tranche sees 375% coverage; final price unveiled
Riyadh – Mubasher: The individual investor subscription period for Dar Al Balad for Business Solutions Company’s initial public offering (IPO) has been concluded at a final offer price of SAR 9.75 per share. The retail offering saw significant …
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18 May 09:59 AM ARTEX Industrial Investment’s net profits shrink 21.5% in Q1-26
Riyadh - Mubasher: ARTEX Industrial Investment Company generated SAR 14.27 million in net profit during the first quarter (Q1) of 2026, up 21.55% from SAR 11.74 million in Q1-25.       The revenues declined by 12.14% to SAR 151.40 million as of 31 …
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18 May 09:42 AM Dar Al Arkan mandates regional, global lenders for USD-denominated issuance
Riyadh – Mubasher: Dar Al Arkan Real Estate Development Company plans to issue Sharia-compliant, USD-denominated, fixed-rate RegS senior unsecured Sukuk, according to a bourse filing. Dar Al Arkan has mandated Abu Dhabi Commercial Bank (ADCB), Abu …
Al Mohafaza Company for Education
18 May 09:20 AM Al Mohafaza Company for Education, King Faisal University strengthen academic partnerships
Riyadh - Mubasher: Al Mohafaza Company for Education penned a memorandum of cooperation with King Faisal University, represented by the College of Applied Sciences, on 17 May 2026, according to a bourse disclosure. The framework agreement aims to …
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18 May 08:29 AM Taiba Investments, Osool Integrated Real Estate finalize SAR 2.4bn deal
Riyadh – Mubasher: Taiba Investments Company has entered into a partnership agreement with Osool Integrated Real Estate Company to establish a special‑purpose company with a total investment size estimated at SAR 2.40 billion, according to a …
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18 May 08:16 AM Future Care Trading launches new branch in Yanbu
Riyadh - Mubasher: Future Care Trading Company has opened its new branch in Yanbu, Al Madinah Region, to expand its geographic presence and enhance access to a larger segment of home healthcare service beneficiaries. Located in Al Bandar District, …
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17 May 07:59 PM BAAN Holding unveils plan to eliminate accumulated losses before end-June
Riyadh – Mubasher: BAAN Holding Group has announced a comprehensive strategic plan to fully extinguish its accumulated losses before the end of the second quarter (Q2) of 2026, according to a bourse filing. This financial restructuring initiative …
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17 May 07:40 PM TADCO amends capital change recommendation following Q1-26 results
Riyadh – Mubasher: Tabuk Agricultural Development Company, known as TADCO, has made an update to its board of directors' recommendation regarding a capital reduction, following the review of financial results for the first quarter (Q1) of 2026. …
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17 May 06:33 PM MIS concludes equity acquisition in Eltizam Insurance
Riyadh – Mubasher: Al Moammar Information Systems Company (MIS) has announced the acquisition of a 15% stake in Eltizam Insurance platform, according to a bourse filing. The transaction is valued at SAR 19.50 million and was finalized following …
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17 May 04:51 PM SIDC subsidiary enters into agreement with NHC
Riyadh – Mubasher: The Saudi Industrial Development Company (SIDC) has announced that its specialized manufacturing branch, SIDC Ceramic Factory (CASAVIA), has entered into a formal agreement with the National Housing Company (NHC). The …
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17 May 04:24 PM Entaj announces resignation of CEO, delegation of Abu Sharakh
Riyadh – Mubasher: The Arabian Company for Agricultural and Industrial Investment (Entaj) has accepted the resignation of the CEO Raja bin Mohammed Al Harbi effective 17 May 2026. The company subsequently delegated Ahmed Zain Abu Sharakh to assume …
Saudi Exchange (Tadawul)
17 May 04:11 PM SAB Invest becomes inaugural market maker under Tadawul’s new ETF framework
Riyadh – Mubasher: The Saudi Exchange (Tadawul) has officially announced the approval of SAB Invest to act as the first designated market maker under the Exchange Traded Funds (ETF) Market Making Framework, which was launched earlier in 2026. This …
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17 May 03:39 PM Fakeeh Care partners with Samsung C&T Saudi Arabia to develop AI-powered hospitals
Riyadh – Mubasher: Dr. Soliman Abdel Kader Fakeeh Hospital Company, known as Fakeeh Care Group, has signed a memorandum of understanding (MoU) agreement with Samsung C&T Corporation Saudi Arabia to leverage AI in hospitals.  The two sides aim to …
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17 May 03:16 PM Saudi CMA approves Maharah’s request for 26.32% capital raise
Riyadh – Mubasher: The Capital Market Authority (CMA) of Saudi Arabia has officially approved for Maharah Human Resources Company to increase its total capital from SAR 475 million to SAR 600 million through bonus shares to the company’s existing …