Riyadh – Mubasher: Kingspan Insulation, a division of Kingspan Group, has inaugurated a new manufacturing facility in Dammam, backing its expansion strategy in Saudi Arabia, according to a press release. The newly launched facility represents a …
Riyadh- Mubasher: Saudi Telecom Company (stc) has completed its preparations for this year's Hajj season through a comprehensive operational plan aimed at enhancing network efficiency and expanding digital coverage across Makkah and Madinah. …
Riyadh – Mubasher: Saudi Arabia’s operating revenue index rose by 10.20% year-on-year (YoY) in March 2026, according to the General Authority for Statistics (GASTAT). Compared to February 2026, the index posted an 8.10% monthly rise, driven by …
Riyadh - Mubasher: The net profits attributable to the shareholders of Etihad GO Telecom increased by 17.73% year-on-year (YoY) to SAR 259 million as of 31 March 2026 from SAR 220 million. The revenues hiked by 31.19% YoY to SAR 1.91 billion from …
Riyadh – Mubasher: Saudi Awwal Bank (SAB) inked a SAR 6.40 billion bilateral financing agreement with Al Bawani, in which the Public Investment Fund (PIF) holds a stake, according to a press release. The facility deal reflects the bank’s vital …
Riyadh – Mubasher: Kingdom Holding Company and Red Sea Global Company (RSG) developed Four Seasons Resort and Residences at Shura Island, which welcomed its first guests on 20 May. This milestone aligns with the listed group’s strategy to develop …
Riyadh - Mubasher: Shatirah House Restaurant Company (Burgerizzr) intends to purchase 1.30 million of its own shares to hold as treasury shares, according to a bourse disclosure. One million of the repurchased shares will be allocated for swap …
Riyadh – Mubasher: Dar Al Arkan Real Estate Development Company has closed its 15th issuance of sukuk, the eleventh tranche Sukuk issuance under its USD-denominated Islamic Sukuk program with a size of SAR 2.25 billion ($600 million). The order …
Riyadh – Mubasher: Saudi Arabia’s non-oil trade surplus with the GCC countries hit SAR 4.47 billion in February 2026, marking a 7% year-on-year (YoY) growth, according to the data released by the General Authority for Statistics (GASTAT). Total …
Riyadh – Mubasher: Alinma Bank commenced issuing its USD-denominated Additional Tier 1 (AT-1) capital sukuk through a special purpose vehicle (SPV) on 20 May 2026, according to a bourse statement. The minimum subscription stood at $200,000 and in …
Riyadh – Mubasher: Arabian Mills for Food Products Company has announced the finalized schedule for the distribution of cash dividends for 2025, which follows the board of directors' earlier recommendation and the subsequent approval by the …
Riyadh – Mubasher: The Saudi Capital Market Authority (CMA) has issued a resolution approving a request from Alkhabeer Capital to delist Alkhabeer Growth and Income Fund from the Saudi Exchange (Tadawul), according to an official statement. The …
Riyadh – Mubasher: Seera Group Holding has officially announced the conclusion of the creditor objection period regarding its planned capital reduction. The company confirmed that the designated window for creditors to voice formal opposition …
Riyadh – Mubasher: Thimar Development Holding Company announced the board of directors' decision to suspend the calculation of bonuses and attendance allowances for members of the board and its subcommittees, according to a bourse disclosure. The …
Riyadh – Mubasher: Riyadh Cables Group Company, a prominent manufacturer in the Saudi industrial sector, has officially announced a significant internal reorganization of its shareholding structure, according to a bourse disclosure. The company …
Riyadh – Mubasher: Specialized Medical Company (SMC Healthcare) has received an official notification from Al Thumad Trading Company regarding a significant reorganization of its equity position. The major shareholder, which currently controls a …
Riyadh – Mubasher: The Securities Depository Center Company, commonly referred to as Edaa, has confirmed the successful deposit of securities for the Intelligent Oud (iOud) Credit Enhanced Sukuk into the accounts of eligible holders. This …
Riyadh – Mubasher: The Capital Market Authority (CMA) of Saudi Arabia announced that Sukuk Capital Company has completed the commencements of business requirements to conduct custody activities in the securities business. The suthorization was …
Riyadh – Mubasher: Gulf General Cooperative Insurance Company (GGCI) has appointed Mohammed Abdullah Alghamdi as its Acting Chief Executive Officer (CEO), according to a bourse filing. In accordance with the regulatory framework governing the …
Riyadh – Mubasher: The Saudi Exchange (Tadawul) announces the listing and trading of Intelligent Oud (iOud) Credit Enhanced Sukuk at the end of this week. The listing will commence on 21 May 2026 under the symbol 5026 and ISIN Code SA16I00IEH37, …
Riyadh – Mubasher: Saudi-developed smart afforestation platform Netzero has teamed up with Aramex to deliver smart tree sustainability initiative, according to a press release. The partnership aims to plant trees across the Riyadh and Jeddah …
Riyadh – Mubasher: Consumer-price inflation in Saudi Arabia eased in April 2026, according to a report by Emirates NBD Research. April inflation data from Saudi Arabia, bucking the broader trend of rising price pressures elsewhere, showed subdued …
Riyadh - Mubasher: Prince Turki bin Talal bin Abdulaziz officially inaugurated the new operations base of Flynas Company at Abha International Airport, marking a strategic milestone in the airline’s expansion plans across the Kingdom. The launch …
Riyadh – Mubasher: Saudi Arabia and the UAE cut their US Treasury holdings in March by nearly $17 billion as the Iran conflict hit crude exports, their key source of dollar income. The kingdom reduced its US Treasury holdings by $10.80 billion to …
Riyadh - Mubasher: The National Energy Services Company (Tarshid) has signed an agreement with Al Taiseer Group Talco Industrial Company to develop a solar energy project, according to the Saudi Press Agency (SPA). Under the agreement, Tarshid …
