Riyadh – Mubasher: Riyad Bank and Mastercard jointly launched an innovative Travel and Expense (T&E) Corporate Card program, marking the Saudi lender’s first corporate card offering in the Kingdom. The launch builds on the two entities’ ongoing …
Riyadh - Mubasher: Almujtama Alraida Medical Company reached an agreement with Alinma Bank to amend the uses of its credit facilities, according to a bourse disclosure. The company will utilize SAR 45 million to purchase goods, cancelling the part …
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 …
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 …
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 …
Riyadh – Mubasher: Saleh Abdulaziz Al Rashed & Sons Company has announced the formalization of a Sharia-compliant bank facilities agreement with Alinma Bank, according to a bourse disclosure. The funding is valued at SAR 50 million and is …
Riyadh - Mubasher: MENA-based digital freight network TruKKer secured an inaugural trade receivables securitization facility of up to $300 million arranged and funded by Abu Dhabi Commercial Bank (ADCB). The transaction, among the GCC’s first …
Riyadh - Mubasher: Alinma Capital, the fund manager for Alinma Retail REIT, has issued a corrective announcement concerning the fund’s quarterly statement for the period ending 31 March 2026. The correction follows the identification of inaccurate …
Riyadh - Mubasher: Amlak International Finance Company renewed its Sharia-compliant facility agreement with Saudi Investment Bank (SAIB) at a value of SAR 1.06 billion on 14 May 2026. The loan is secured by an assignment of receivables as well as …
Riyadh – Mubasher: Saudi fintech Stitch has secured $25 million in Series A funding led by the US-based VC Andreessen Horowitz (a16z), marking its first investment in the GCC region. The transaction brings Stitch’s total funding to $35 million, …
Riyadh – Mubasher: Aljazira Takaful Taawuni Company achieved net profits, after Zakat, worth SAR 7.46 million in the first quarter (Q1) of 2026, which marked an annual plunge of 53.69% from SAR 16.11 million in Q1-25. The insurance revenue, …
Dubai – Mubasher: Shuaa Capital and Key Capital Limited joined forces to support the development of the venture capital (VC) secondaries market across MENA and EMEA. Key Fund I LP targets a fund size of $50 million and pursues a disciplined …
Riyadh - Mubasher: The Mediterranean and Gulf Insurance and Reinsurance Company (MedGulf) logged net profits after Zakat attributable to the shareholders valued at SAR 36.24 million in the first quarter (Q1) of 2026. The generated profits were …
Riyadh – Mubasher: Sinad Holding Company posted net losses of SAR 15.70 million during the first quarter (Q1) of 2026. The losses incurred during January-March 2026 deepened by 481.48% from SAR 2.70 million in Q1-25, according to the income …
Riyadh – Mubasher: Vault, a global digital wealth management and advisory platform, has expanded its services into Saudi Arabia after obtaining the Capital Market Authority (CMA) license for advisory services. The first digital private wealth …
Riyadh – Mubasher: The Company for Cooperative Insurance (Tawuniya) generated revenue worth SAR 5.76 billion during the first quarter (Q1) of 2026. The result marked an annual increase of 12.64% from the SAR 5.12 billion insurance revenue …
Riyadh – Mubasher: Mutakamela Insurance Company posted net losses after Zakat worth SAR 10.62 million in the first quarter (Q1) of 2026, shifting from net profits of SAR 5.80 million in Q1-25. The loss per share stood at SAR 0.17 in Q1-26, against …
Riyadh – Mubasher: Arabian Shield Cooperative Insurance Company achieved net profits after Zakat worth SAR 4.89 million during the first quarter (Q1) of 2026. The net income in January-March 2026 reflected a 24.09% decrease from SAR 6.45 million …
Riyadh - Mubasher: Al Etihad Cooperative Insurance Company recorded net profits attributable to the shareholders valued at SAR 9.42 million in the first quarter (Q1) of 2026, down 43.43% from SAR 16.66 million in Q1-25. The insurance revenues …
Riyadh – Mubasher: Al Rajhi Takaful Company for Cooperative Insurance registered SAR 113.50 million worth of net profits after Zakat during the first quarter (Q1) of 2026. The net income signaled a 25% annual growth from SAR 90.79 million in …
Riyadh – Mubasher: Walaa Cooperative Insurance Company shifted to net profits worth SAR 16.18 million in the first quarter (Q1) of 2026, against net losses of SAR 67.95 million in Q1-25. The earnings per share (EPS) stood at SAR 0.13 in Q1-26, …
Riyadh – Mubasher: The board of Bupa Arabia for Cooperative Insurance Company has recommended a distribution of SAR 4 per share as a dividend for 2025. The insurance firm plans to disburse SAR 600 million, equivalent to 40% of the SAR 1.50 billion …
Riyadh - Mubasher: Bupa Arabia for Cooperative Insurance Company recorded net profits attributable to the owners valued at SAR 387.29 million in the first quarter (Q1) of 2026, an annual rise of 1.85% from SAR 380.23 million. Insurance revenues …
Riyadh – Mubasher: Saudi Reinsurance Company (Saudi Re) achieved a 31.96% increase in net profit after Zakat at SAR 46.72 million during the first quarter (Q1) of 2026. The results were compared to a net income of SAR 35.40 million in Q1-25, …
Riyadh – Mubasher: Nayifat Finance Company achieved net profits worth SAR 23.17 million in the first quarter (Q1) of 2026. The positive result reflected a 1.57% decline from SAR 23.54 million in Q1-25, according to a bourse filing. Nayifat …
