Riyadh - Mubasher: The board of Al Sagr Cooperative Insurance Company recommended utilizing the company’s statutory reserve balance to partially absorb its accumulated losses. The proposal, finalized on 16 June, involves the allocation of SAR 8.90 …
Riyadh – Mubasher: Al Rajhi Company for Cooperative Insurance (Al Rajhi Takaful) has officially announced the timeline for electronic voting regarding its upcoming extraordinary general meeting (EGM). The meeting, which is the first session …
Riyadh - Mubasher: Arabia Insurance Cooperative Company has appointed Wahbe Abdullah Tamari as Chairman of the Board. Abdullah Saeed bin Saeed was named as the Vice Chairman, according to a bourse disclosure. The Insurance Authority greenlighted …
Riyadh – Mubasher: Keir International Company has renewed an amended Shariah-compliant banking facilities agreement valued at SAR 11.92 million with Al Rajhi Bank. The one-year financing aims to facilitate the renewal of performance bonds, …
Riyadh – Mubasher: Bank Aljazira intends to issue US dollar-denominated additional tier 1 (AT1) capital certificate issuance under its program established on 4 September 2025, according to a bourse disclosure. The lender has mandated regional and …
Riyadh – Mubasher: Alinma Bank intends to exercise the early redemption option for its SAR 5 billion Additional Tier 1 (AT1) Capital Sukuk, according to a bourse disclosure. The bank confirmed that the redemption will cover the entire issuance at …
Riyadh - Mubasher: BinDawood Holding Company penned a Sharia-compliant Murabaha financing from Arab National Bank (ANB) and Emirates NBD Bank to fund the acquisition of 51% of the shares of Vaza Food Company. The company obtained SAR 217.80 …
Riyadh – Mubasher: The Capital Market Authority (CMA) of Saudi Arabia has officially announced the approval of Riyad Bank’s application for the registration and public offering of a debt instruments program, according to a bourse filing. The …
Riyadh - Mubasher: Malath Cooperative Insurance Company (Malath Insurance) signed an agreement with National Housing Services to organize and support the issuance process of the contractor's works insurance product for latent defects policies …
Riyadh – Mubasher: Saudi Advanced Industries Company (SAIC) renewed its Sharia-compliant credit facilities valued at SAR 100 million with Alinma Bank, according to a bourse disclosure. SAIC obtained the funding on 15 June 2026 to support its …
Riyadh – Mubasher: The board of Arabian Mills for Food Products Company approved a voluntary prepayment of SAR 50 million toward the existing Murabaha agreement with the Saudi Awwal Bank (SAB). This payment will contribute to reducing financing …
Riyadh – Mubasher: The Mediterranean and Gulf Insurance and Reinsurance Company (MedGulf) signed an agreement, on 14 June, to provide health insurance services for Binladin International Holding Group employees and their dependents. The …
Riyadh - Mubasher: The extraordinary general meeting (EGM) of D360 Bank, in which Derayah Financial Company holds a 20.4% ownership stake as of 31 March 2026, approved the board’s capital hike proposal. The bank’s capital will increase by 38.89% …
Riyadh – Mubasher: Sinad Holding Company has announced the formal signing of a long-term Sharia-compliant banking facilities agreement with Alinma Bank, according to a bourse filing. The credit facility is valued at SAR 300 million and is …
Riyadh – Mubasher: Saudi Pharmaceutical Industries and Medical Appliances Corporation (SPIMACO) penned an agreement to renew and increase Sharia-compliant credit facilities with the Saudi National Bank (SNB) on 11 June 2026. The short-term …
Riyadh - Mubasher: Remittances of expatriates in Saudi Arabia increased by 16% year-on-year (YoY) to SAR 14.65 billion in April 2026, according to data from the Saudi Central Bank (SAMA). On a monthly basis, the foreign remittances in April fell …
Riyadh – Mubasher: Sustained Infrastructure Holding Company approved a total cash dividend distribution of SAR 65.28 million for the 2025 fiscal year and elected a new Board of Directors to serve a four-year term beginning in July 2026. The …
Riyadh – Mubasher: Alinma Bank has announced the successful completion of its share buyback process, acquiring 5 million of its own ordinary shares. The transaction will be allocated toward the bank’s Employee Stock Incentive Program (ESIP), …
Riyadh - Mubasher: Hedab Alkhaleej Trading Company penned an agreement to renew Sharia-compliant banking facilities with Al Rajhi Bank at a total amount of SAR 50 million. The financing deal, signed on 11 June 2026, is valid until 30 November this …
Riyadh – Mubasher: Allied Cooperative Insurance Group (ACIG) has announced the results of its Ordinary General Assembly Meeting, which concluded with the ratification of the company’s financial reports for 2025 and the appointment of external …
Riyadh – Mubasher: Umm Al Qura for Development and Construction Company, trading as MASAR on the Saudi Exchange, has convened its 15th Extraordinary General Assembly during which shareholders approved the fiscal reports for 2025. The shareholders …
Riyadh – Mubasher: The National Shipping Company of Saudi Arabia, known as Bahri, held its Ordinary General Assembly meeting on 10 June 2026, where shareholders approved a substantial cash dividend for 2025 and ratified several high-value …
Riyadh – Mubasher: Al Etihad Cooperative Insurance Company announced the resignation of Ahmed Yousef Boushnak from its Board of Directors, effective 12 June 2026, according to a disclosure Boushnak also stepped down as Chairman of the Nominations …
Riyadh – Mubasher: The Mediterranean and Gulf Insurance and Reinsurance Company (MedGulf) will hold an Extraordinary General Assembly Meeting on 29 June 2026, which will focus on a strategic proposal to offset accumulated losses using the …
Riyadh – Mubasher: The Capital Market Authority (CMA) has approved a request from The Company for Cooperative Insurance (Tawuniya) to increase its share capital by 50% through the issuance of bonus shares, according to an official statement. This …
