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 …
Riyadh - Mubasher: Saudi fintech Arib has raised $23.50 million in a funding round led by Merak Capital to strengthen its technology infrastructure, expand operations, and launch additional financing products. The round included Sharia-compliant …
Riyadh – Mubasher: Wajd Life Trading Company announced a project award with Imam Mohammad Ibn Saud Islamic University at an amount of SAR 39.32 million. The project, awarded on 19 May 2026, covers the operation and maintenance of medical equipment …
Riyadh - Mubasher: The national unified application Tawakkalna has enabled pilgrims, Hajj workers, Makkah residents, private-sector employees, and domestic workers to digitally access and view Hajj permits for the 1447 AH season. The app secured a …
Riyadh – Mubasher: Taiba Investments Company is set to pay SAR 0.65 per share as a cash dividend for 2025 next Thursday, 21 May 2026, according to a bourse disclosure. Taiba called on shareholders to deposit any physical share certificates …
Riyadh - Mubasher: Expo 2030 Riyadh hosted a strategic site tour and executive progress review attended by senior leaders from major delivery partners as construction activity continues to accelerate ahead of the global event. The tour was led by …
Riyadh - Mubasher: Saudi flag carrier Riyadh Air began the ticket sales for passengers flying between King Khalid International Airport and London Heathrow Airport aboard its new fleet of Boeing 787-9 Dreamliner aircraft starting on 1 July 2026. …
Riyadh - Mubasher: The Saudi Ports Authority (Mawani) partnered with Folk Maritime and SABIC to launch a new Red Sea Express container shipping service to King Fahd Industrial Port, the Saudi Press Agency (SPA) reported. The new service, with a …
Riyadh – Mubasher: The Saudi listed companies recorded a 21.9% annual growth in earnings during the first quarter (Q1) of 2026 when compared to Q1-25, on the back of higher net profit in the energy sector. Earnings of the entities listed on the …
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) collaborated with Pasqal, a global leader in neutral-atom quantum computing, for the inauguration of the first quantum computer in Saudi Arabia. Aramco and Pasqal also unveiled the first …
Riyadh – Mubasher: The Saudi Exchange (Tadawul) announced that Eid Al Adha holiday will commence on Sunday, 24 May 2026, according to an official statement. Tadawul stated that the last day of trading before the holiday will be Thursday, 21 May …
Riyadh – Mubasher: SAL Saudi Logistics Services Company has announced the achievement of its HSSE Integrated Management System being triple ISO certified, according to a press release. The company is now the first Saudi firm in the logistics …
Riyadh – Mubasher: Al Rajhi Capital has issued its monthly report on the economy of Saudi Arabia, pinpointing that the PMI recovery signals improving business conditions within the Kingdom. Meanwhile, the real GDP of Saudi Arabia grew by 2.8% in …
Riyadh – Mubasher: Arabian Internet and Communications Services Company (solutions) is projected to deliver a net income CAGR of c.10.9% during the period from 2025 until 2030, according to an investment update by Aljazira Capital. “We maintain …
Riyadh – Mubasher: The board members of Al Babtain Power and Telecommunication Company decided to pay out a cash dividend to shareholders for the first quarter (Q1) of the 2026, according to a bourse filing. The total amount is valued at …
Riyadh – Mubasher: Alandalus Property Company has announced an update on its joint venture development with Masat Real Estate Company, according to a bourse filing. The listed firm confirmed that construction of Al Huda Park project in Makkah has …
Riyadh – Mubasher: Aqaseem Factory for Chemicals and Plastics Company has announced the details regarding its second semi-annual distribution of returns for the Aqaseem Sukuk Series 1. The announcement outlines the financial allocations and the …
