Riyadh – Mubasher: Riyadh Development Company reported a 114.61% year-on-year (YoY) leap in net profit to SAR 162.40 million during the first half (H1) of 2024, compared to SAR 75.67 million. The revenues amounted to SAR 155.47 million in H1-24, …
Riyadh – Mubasher: Alujain Corporation turned profitable at SAR 20.26 million in the first half (H1) of 2024, compared to net losses worth SAR 17.74 million in H1-23. The revenues amounted to SAR 858.96 million in H1-24, an annual growth of 7.51% …
Riyadh – Mubasher: United International Transportation Company (Budget Saudi) posted 0.19% year-on-year (YoY) higher net profits at SAR 139.88 million in the first half (H1) of 2024, versus SAR 139.60 million. The revenues amounted to SAR 841.94 …
Riyadh – Mubasher: Saudi Public Transport Company (SAPTCO) shifted to net losses worth SAR 7.01 million in the first half (H1) of 2024, against net profits valued at SAR 11.14 million in H1-23. The company's revenues stood at SAR 735.71 million in …
Riyadh – Mubasher: Power and Water Utility Company for Jubail and Yanbu (Marafiq) recorded 59.36% year-on-year (YoY) lower net profits at SAR 108.13 million during the first half (H1) of 2024, compared to SAR 266.11 million. The revenues amounted …
Riyadh – Mubasher: The Capital Market Authority (CMA) greenlighted the SAR 6 billion capital hike of Savola Group on 31 July 2024, according to a bourse disclosure. The company submitted the application file, on 28 April, to increase its capital …
Riyadh – Mubasher: Saudi Industrial Investment Group (SIIG) achieved net profits valued at SAR 92 million in the first half (H1) of 2024, compared to net losses worth SAR 121 million in H1-23. Earnings per share (EPS) hit SAR 0.12 as of 30 June …
Riyadh – Mubasher: Nahdi Medical Company’s net profit decreased by 5.61% year-on-year (YoY) to SAR 480.70 million during the first half (H1) of 2024 from SAR 509.30 million. The company’s revenue rose by 9.07% YoY to SAR 4.73 billion in H1-24 from …
Riyadh – Mubasher: Umm Al Qura Cement Company recorded 249.26% higher net profits at SAR 30.05 million in the first half (H1) of 2024, compared to SAR 8.60 million in H1-23. The revenues amounted to SAR 131.20 million in H1-24, up 54.36% …
Mubasher: Global demand for gold rose by 4% year-on-year (YoY) to 1,258 tonnes in the second quarter (Q2) of 2024, according to a report by the World Gold Council (WGC). The growth in demand was driven by a 53% YoY surge in over-the-counter (OTC) …
Riyadh – Mubasher: Middle East Pharmaceutical Industries Company (Avalon Pharma) is set to disburse cash dividends worth SAR 15 million, equivalent to 7.50% of the capital, for the first half (H1) of 2024. Avalon Pharma will pay out a dividend of …
Riyadh – Mubasher: Retal Urban Development Company posted19.46% year-on-year (YoY) higher net profits at SAR 134.45 million in the first half (H1) of 2024, compared to SAR 112.54 million. The revenues amounted to SAR 964.30 million in H1-24, …
Riyadh – Mubasher: The net profit of Makkah Construction and Development Company leapt by 36.89% year-on-year (YoY) to SAR 256 million during the first half (H1) of 2024 from SAR 192 million. The company’s revenue surged by 54.02% YoY to SAR 536 …
Riyadh – Mubasher: The board members of Electrical Industries Company (EIC) greenlighted cash dividends valued at SAR 112.50 million for the first half (H1) of 2024, according to a bourse disclosure. The company will disburse a dividend of SAR …
Riyadh – Mubasher: Leejam Sports Company’s consolidated net profit by jumped by 23.70% year-on-year (YoY) to SAR 167 million during the first half (H1) of 2024 from SAR 135 million. The company’s revenue increased by 18.65% YoY to SAR 687 million …
Riyadh – Mubasher: Saudi Printing and Packaging Company’s net loss surged by 164.50% year-on-year (YoY) to SAR 93.74 million during the first half (H1) of 2024 from SAR 35.44 million. The company’s revenue decreased by 10.29% YoY to SAR 361.35 …
Abu Dhabi – Mubasher: ADIB Securities, a wholly owned subsidiary of Abu Dhabi Islamic Bank (ADIB), allowed trading in the US market as the first UAE Sharia-compliant broker. The newly updated trading platform, ADIBS Global, provides investors with …
Riyadh – Mubasher: Ayyan Investment Company posted an 18.50% year-on-year (YoY) surge in net loss to SAR 104.26 million in the first half (H1) of 2024 from SAR 87.98 million. However, the company’s revenue leapt by 41.41% YoY to SAR 206.01 million …
Riyadh – Mubasher: Bupa Arabia for Cooperative Insurance Company witnessed net profits after Zakat attributable to the shareholders at SAR 764.02 million in the first half (H1) of 2024. The recorded net profits were 36.44% year-on-year (YoY) …
UAE – Mubasher: HDI Global SE has received a regulatory licence from the Dubai Financial Services Authority (DFSA) to open an office in the Dubai International Financial Centre (DIFC), marking a significant step in their international expansion. …
Mubasher: Educatly has secured a new funding round of $2.50 million led by TLcom Capital and Plus VC, according to a press. The fundraising transaction, which Egypt Venture and the HBAN syndicate also led, anchors Educatly’s presence in the MEA …
Riyadh – Mubasher: Taiba Investments Company obtained a SAR 150 million Sharia-compliant Murabaha financing from Bank Albilad on 29 July 2024, according to a bourse filing. The facility deal aligns with the company’s partnership agreement with …
Riyadh – Mubasher: Saudi Ceramic Company (Saudi Ceramics) logged a 90.10% year-on-year (YoY) plunge in net profit to SAR 4.74 million during the first half (H1) of 2024 from SAR 48 million. Sales edged lower to SAR 621.91 million in H1-24 from SAR …
Mubasher: Americana Restaurants International recorded net profits valued at $77.72 million in the first half (H1) of 2024, an annual drop from $146.90 million. The group, listed on the Abu Dhabi Securities Exchange (ADX) as well, posted 15.20% …
Mubasher: NIP Group Incorporation, a leading esports organisation, has priced its initial public offering (IPO) of 2.25 million American depositary shares (ADSs) at $9.00 per ADS, according to a press release. The total offering size stood at …
