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Starlink
19 March 10:49 AM Starlink officially launches services in UAE
UAE – Mubasher: Starlink, SpaceX’s satellite internet service, has launched in the UAE, offering residential plans starting at AED 230 per month and business plans from AED 248. Meanwhile, Starlink adds a new connectivity layer to a market largely …
Jazeera Airways
19 March 10:26 AM Jazeera Airways restores Kuwait–India connectivity under Vande Bharat
Mubasher: Jazeera Airways has relaunched flights to six Indian cities from Kuwait via Qaisumah Airport (AQI) in Hafar Al Batin under the Vande Bharat project, according to a press release. This marks the first travel connection between Kuwait and …
Jazeera Airways Establishes Strong Kuwait–Egypt Connectivity
19 March 02:05 AM Jazeera Airways enhances Kuwait–Egypt route during current regional situation
Mubasher: Jazeera Airways has strengthened connectivity between Kuwait and Egypt to support essential travel during the current regional situation and local airport closures, according to a press release. The Kuwaiti airline operates flights to …
SAL Project at King Khalid International Airport in Riyadh
19 March 02:57 AM Elsewedy Electric’s subsidiary leads expansion of SAL project at Riyadh airport
Cairo – Mubasher: Rowad Modern Engineering, a subsiaidry of the Egyptian company Elsewedy Electric, has commenced the development and expansion project for the facilities of Saudi Logistics Services Company (SAL) at King Khalid International …
BHM Capital
18 March 02:41 AM Regional liquidity provider BHM Capital launches market making operations in Bahrain
Dubai – Mubasher: BHM Capital has officially commenced its market making operations on Bahrain Bourse (BHB), reinforcing its position as a regional liquidity provider. The launch of these operations on BHB follows the successful completion of all …
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18 March 09:58 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 …
Photo Archive
18 March 09:04 AM Asas Makeen pens SAR 63m villas development deal in Riyadh
Riyadh - Mubasher: Asas Makeen Real Estate Development and Investment Company inked a SAR 63.08 million real estate development agreement with Awa'id Al-Hada Company to develop a residential villas project in Al-Hada district, Riyadh. Asas Makeen …
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18 March 08:56 AM SIIG, Unibio to develop world's largest single-cell protein plant in Saudi Arabia
Riyadh - Mubasher: The Saudi Industrial Investment Group (SIIG) and Unibio International PLC inked a SAR 1.40 billion deal to establish the world’s largest single-cell protein plant in Jubail Industrial City. SIIG will hold an 80% stake in the …
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18 March 08:49 AM Al Majdiah expands Banque Saudi Fransi’s credit facilities to SAR 684.5m
Riyadh - Mubasher: Dar Al Majed Real Estate Company (Al Majdiah) inked an addendum with Banque Saudi Fransi to raise its credit facilities to SAR 684.46 million from SAR 550 million. The amended agreement, signed on 12 March 2026, extends the …
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18 March 08:43 AM Jazeera Airways resumes flights to UAE via Qaisumah Airport
Mubasher: Jazeera Airways will resume daily flights between Kuwait and Al Ain starting 18 March via Qaisumah Airport, as part of efforts to maintain connectivity amid ongoing disruptions at Kuwait International Airport. The route marks the first …
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17 March 05:08 PM Alujain Corporation’s net losses widen 1,544% in 2025; dividends announced
Riyadh - Mubaher: Alujain Corporation suffered 1,544% year-on-year (YoY) higher net losses attributable to the owners at SAR 833.85 million in 2025, compared with SAR 50.70 million. The revenues declined by 16.32% to SAR 1.30 billion last year …
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17 March 04:43 PM CMA nods for Alinma Bank’s capital raise
Riyadh - Mubasher: The Capital Market Authority (CMA) approved increasing the capital of Alinma Bank to SAR 30 billion from SAR 25 billion, according to a bourse disclosure. The SAR 5 billion increase will be capitalized from the statutory reserve …
Almunajem Foods
17 March 03:04 PM Almunajem Foods posts over 42.5% lower profits in 2025
Riyadh - Mubasher: Almunajem Foods Company delivered an annual fall of 42.62% in net profits to SAR 159.90 million during 2025, compared with SAR 278.70 million. The earnings per share (EPS) retreated to SAR 2.66 in the January-December 2025 …
Cambridge Health
17 March 01:03 PM Cambridge Health completes 100% takeover of Saudi Sukoon International
Dubai - Mubasher: Cambridge Health Group, a subsidiary of Amanat Holdings, has completed the acquisition of the remaining minority interest in Sukoon International Holding Company, a Saudi Arabia-based provider of acute extended care, …
L'azurde
17 March 11:49 AM L'azurde delivers record operating revenues in 2025; operating gross profit jumps 14%
Riyadh - Mubasher: The net losses attributable to the owners of Lazurde Company for Jewelry reached SAR 42.20 million in 2025, compared to net profits amounting to SAR 11.70 million a year earlier. The loss per share hit SAR 0.73 last year, …
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17 March 11:13 AM Aramex launches 1st regional healthcare hub in Dubai South Free Zone
Dubai - Mubasher: Aramex has opened its first regional healthcare and pharmaceutical hub in the Dubai South Free Zone, certified by the UAE Ministry of Health and Prevention, expanding its capabilities in the life sciences and medical supply chain …
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17 March 10:47 AM Tadawul halts trading on Eid Al Fitr holiday
Riyadh - Mubasher: The Saudi Exchange (Tadawul) halted trading on 17 March in celebration of the Eid Al Fitr holiday, according to a bourse disclosure. Meanwhile, the trading will resume on Tuesday, 24 March 2026, after the seven-day break.  
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17 March 10:38 AM Batic Investments turns to profitability in 2025; accumulated losses unveiled
Riyadh - Mubasher: Batic Investments and Logistics Company achieved SAR 26.14 million in net profit attributable to shareholders during 2025, against net losses valued at SAR 57.45 million in 2024. The earnings per share (EPS) stood at SAR 0.04 as …
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17 March 10:21 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 …
Photo Archive
17 March 10:09 AM Al Etihad Cooperative's revenues fall 16% in 2025; accumulated losses hit SAR 162m
Riyadh - Mubasher: Al Etihad Cooperative Insurance Company shifted to net losses after Zakat attributable to shareholders amounting to SAR 244.44 million in 2025, versus net profits of SAR 49.13 million in 2024. The loss per share hit SAR 4.89 in …
Sahara International Petrochemical Company (Sipchem)
17 March 02:40 AM Sipchem records SAR 6.8bn revenue in 2025, shifts to losses
Riyadh – Mubasher: Sahara International Petrochemical Company (Sipchem) turned to net losses worth SAR 860.50 million in 2025 against net profits of SAR 426.10 million in 2024. The loss per share stood at SAR 1.19 in 2025, versus earnings per …
Umm Al Qura for Development and Construction Company
17 March 02:35 AM Umm Al Qura for Development records higher revenue at SAR 2.9bn in 2025
Riyadh – Mubasher: Umm Al Qura for Development and Construction Company registered net profits worth SAR 983.39 million in 2025, signaling a leap of 97.23% from SAR 498.61 million in 2024. The earnings per share (EPS) went up to SAR 0.70 in 2025 …
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17 March 02:28 AM Red Sea International plans 58% capital raise through rights issue
Riyadh – Mubasher: Red Sea International Company intends to increase its capital by 58% through a rights issue, subject to the approval of the extraordinary general meeting (EGM) and other relevant approvals, according to a bourse filing. The …
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16 March 03:02 PM Aljazira Takaful Taawuni’s profits to owners rise 7% in 2025
Riyadh - Mubasher: Aljazira Takaful Taawuni registered SAR 39.84 million in net profit after Zakat attributable to shareholders during 2025. The figure represents a 7.09% year-on-year (YoY) increase from SAR 37.20 million, according to the …
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16 March 01:55 PM Retal’s net profits jump 10% in 2025
Riyadh - Mubasher: Retal Urban Development Company reported a 10.22% year-on-year (YoY) increase in net profit attributable to owners to SAR 293.30 million in 2025, compared with SAR 266.10 million. The earnings per share (EPS) climbed to SAR 0.59 …