KSA
Mubasher TV
 Contact Us Advertising   العربية
KSA
TDWL Closed
19 May 08:13 AM

Banking & Insurance

Photo Archive
3 March 2025 09:23 AM PIF-owned SRC inks SAR 3.4bn mortgage portfolio acquisition agreement with SNB
Riyadh - Mubasher: The Saudi Real Estate Refinance Company (SRC), a fully owned subsidiary of the Public Investment Fund (PIF), signed a SAR 3.40 billion mortgage portfolio acquisition agreement with the Saudi National Bank (SNB). The deal marks …
Banking and Finance
Photo Archive
2 March 2025 03:40 PM GIG generates SAR 98m profits in 2024
Riyadh – Mubasher: Gulf Insurance Group (GIG) recorded 23.60% lower net profits after Zakat attributable to the owners at SAR 98.19 million in 2024, compared to SAR 128.52 million. The earnings per share (EPS) maintained its value unchanged at SAR …
Financial Results
Photo Archive
2 March 2025 02:37 PM Prices of investment funds including certificates in EGP, USD – Updated
Cairo – Mubasher: According to updated data, Mubasher is featuring mutual funds along with relevant prices based on the latest closing. Below you can find the names of Investment Funds as well as the price of each certificate in EGP, except for …
Mutual Funds
Photo Archive
2 March 2025 11:48 AM SAIB unveils 2 key appointments
Riyadh – Mubasher: The Saudi Investment Bank (SAIB) named Abdulatif Ali Al Seif as the board’s Chairman for the next three years. Mohammed Saleh Al Khalil was announced as the Vice Chairman, according to a bourse filing. The two officials assumed …
Banking and Finance
Photo Archive
2 March 2025 10:54 AM Tawuniya’s profits leap to SAR 1bn in 2024
Riyadh – Mubasher: The Company for Cooperative Insurance (Tawuniya) posted 65.80% year-on-year (YoY) higher net profits after Zakat attributable to the shareholders at SAR 1.02 billion in 2024, versus SAR 616.42 million. Earnings per share (EPS) …
Banking and Finance
Photo Archive
27 February 2025 02:57 PM Prices of investment funds including certificates in EGP, USD – Updated
Cairo – Mubasher: According to updated data, Mubasher is featuring mutual funds along with relevant prices based on the latest closing. Below you can find the names of Investment Funds as well as the price of each certificate in EGP, except for …
Banking and Finance
Photo Archive
27 February 2025 06:56 AM Riyad Bank redeems $1.5bn Sukuk
Riyadh – Mubasher: Riyad Bank fully redeemed $1.50 billion fixed rate reset tier 2 trust certificates due 2030 on 25 February, according to a bourse filing. The number of redeemed sukuk reached 7,500 at a par value of $200,000, based on the …
Banking and Finance
Photo Gallery
26 February 2025 05:51 PM Saudi banking sector records highest-ever quarterly earnings of SAR 20.9bn in Q4-24
Riyadh – Mubasher: The Saudi banking sector posted highest-ever quarterly earnings of SAR 20.90 billion in the fourth quarter (Q4) of 2024, according to Aljazira Capital’s report. Five out of ten listed banks posted above consensus earnings, with …
Companies Investments
Photo Archive
25 February 2025 06:14 PM CMA approves Gulf Union Al Ahlia’s capital hike for merger with Gulf General
Riyadh – Mubasher: The Capital Market Authority (CMA) approved the capital hike of Gulf Union Al Ahlia Cooperative Insurance Company from SAR 458.94 million to SAR 687.18 million, according to a bourse disclosure. The company will issue 22.82 …
Banking and Finance
Arab Energy Fund and Systems Arabia
24 February 2025 01:01 AM Arab Energy Fund supports corporate banking through collaboration with Systems Arabia
Riyadh – Mubasher: The Arab Energy Fund, formerly known as APICORP, recently announced the successful implementation of the Temenos Arrangement Architecture Consumer Lending and Facilities Lending solution by Systems Arabia, according to a press …
Companies Investments
Photo Archive
24 February 2025 00:22 AM Sipchem’s Acrylic Complex enters into SAR 1.3bn refinancing agreements with listed banks
 Riyadh – Mubasher: Sahara International Petrochemical Company (Sipchem) announced that its Acrylic Complex investee signed refinancing agreements with a consortium of local banks for an amount worth SAR 1.30 billion. The financing duration has …
Banking and Finance
Alinma Bank
23 February 2025 06:43 PM Alinma Bank unveils API platform upon collaboration with IBM
Riyadh – Mubasher: Alinma Bank has partnered with IBM to launch a new application programming interface (API) platform, powered by the company's hybrid cloud and AI integration technologies. The platform introduces a centralised API marketplace …
Companies Investments
Abu Dhabi Islamic Bank
23 February 2025 03:24 PM ADIB inaugurates next-gen universal branch as part of vision 2035
Abu Dhabi – Mubasher: Abu Dhabi Islamic Bank (ADIB) has opened its latest flagship branch in Dubai as part of ADIB’s strategic expansion plan in the emirate. The banking facility is located at The Village Mall in Jumeirah 1, marking ADIB’s 18th …
Banking and Finance
Saudi Riyal Symbol
20 February 2025 05:43 PM Saudi Arabia now has Riyal symbol; historic move to reinforce currency's identity
Riyadh – Mubasher: The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, approved launching the Saudi Riyal symbol on 20 February 2025. The Riyal symbol marks a historic move that will reinforce the Saudi currency's identity, …
Central Banks
Photo Archive
20 February 2025 00:50 PM Prices of investment funds including certificates in EGP, USD – Updated
Cairo – Mubasher: According to updated data, Mubasher is featuring mutual funds along with relevant prices based on the latest closing. Below you can find the names of Investment Funds as well as the price of each certificate in EGP, except for …
Companies Investments
Photo Archive
19 February 2025 01:48 PM Prices of investment funds including certificates in EGP, USD – Updated
Cairo – Mubasher: According to updated data, Mubasher is featuring mutual funds along with relevant prices based on the latest closing. Below you can find the names of Investment Funds as well as the price of each certificate in EGP, except for …
Trading Activities
Photo Gallery
18 February 2025 08:20 PM SNB Capital, Awqaf Investment ink agreement at CMF2025 to enhance investment products
Riyadh – Mubasher: SNB Capital signed an agreement with Awqaf Investment to provide investment services for endowment assets exceeding SAR 8 billion, according to a press release. The deal, which was signed during the fifth edition of the Capital …
Global Economy
Photo Gallery
18 February 2025 07:34 PM Edaa launches Edaa Connect at CMF2025 to streamline access to mutual funds
Riyadh – Mubasher: Edaa, the Securities Depository Center of the Saudi Tadawul Group launched Edaa Connect, a first-of-its-kind platform designed to transform investor access to mutual funds in the Saudi capital market. The launch was announced on …
Banking and Finance
Photo Archive
17 February 2025 11:23 AM Prices of investment funds including certificates in EGP, USD
Cairo – Mubasher: Based on updated data, Mubasher is featuring mutual funds along with relevant prices as per the latest closing. Below you can find the names of Investment Funds as well as the price of each certificate in EGP, except for the …
Trading Activities
Photo Archive
13 February 2025 02:23 PM Prices of investment funds including certificates in EGP, USD
Cairo – Mubasher: According to updated data, Mubasher is featuring mutual funds along with relevant prices based on the latest closing. Below you can find the names of Investment Funds as well as the price of each certificate in EGP, except for …
Banking and Finance
Photo Archive
12 February 2025 07:22 PM SAIB to disburse 4% of capital as cash dividends for H2-24
Riyadh – Mubasher: The Saudi Investment Bank (SAIB) unveiled cash dividends valued at SAR 498.93 million, equivalent to 4% of its capital, for the second half (H2) of 2024. SAB will disburse a dividend after Zakat of SAR 0.40 per share for 1.24 …
Banking and Finance
Photo Archive
12 February 2025 11:55 AM Prices of investment funds including certificates in EGP, USD
Cairo – Mubasher: According to updated data, Mubasher is featuring mutual funds along with relevant prices based on the latest closing. Below you can find the names of Investment Funds as well as the price of each certificate in EGP, except for …
Banking and Finance
Photo Archive
11 February 2025 02:00 PM Prices of investment funds including certificates in EGP, USD – Updated
Cairo – Mubasher: According to updated data, Mubasher is featuring mutual funds along with relevant prices based on the latest closing. Below you can find the names of Investment Funds as well as the price of each certificate in EGP, except for …
Banking and Finance
Photo Archive
10 February 2025 03:15 PM Prices of investment funds including certificates in EGP, USD
Cairo – Mubasher: According to updated data, Mubasher is featuring mutual funds along with relevant prices based on the latest closing. Below you can find the names of Investment Funds as well as the price of each certificate in EGP, except for …
Mutual Funds
Photo Archive
9 February 2025 09:24 AM Bank Albilad’s board mulls 20% capital hike
Riyadh – Mubasher: Bank Albilad announced the board’s proposal to increase its capital by granting one bonus share for every five shares, according to a bourse filing.   The lender will capitalise SAR 1.50 billion from the retained earnings ‎and …
Board of Directors