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12 April 10:27 AM GIG’s board eyes SAR 63m dividends for 2025
Riyadh - Mubasher: The board members of Gulf Insurance Group (GIG) recommended cash dividends amounting to SAR 63 million for 2025, according to a bourse filing. GIG will pay out a dividend of SAR 1.20 per share, equivalent to 12% of the share’s …
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12 April 09:53 AM Advanced Petrochemical’s estimated profits fall to SAR 30m in Q1-26
Riyadh - Mubasher: Advanced Petrochemical Company generated 58.33% year-on-year (YoY) lower net profits attributable to the owners at SAR 30 million in the first quarter (Q1) of 2026, compared to SAR 72 million. The earnings per share (EPS) …
EGYPES 2026
29 March 10:52 AM EGYPES 2026 to kick off this week with 50,000 participants
Cairo - Mubasher: The ninth edition of the Egypt Energy Show (EGYPES) is set to kick off on Monday, 30 March, in the presence of President Abdel Fattah El-Sisi. Scheduled to conclude activities on 1 April, the conference will witness a high-level …
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9 April 08:49 PM Elsewedy Electric accelerates power transformation project in KSA with 6 high-voltage substations
Cairo – Mubasher: Elsewedy Electric advanced its power transformation project in Saudi Arabia through a portfolio of six power substations across the Kingdom, with voltage levels ranging between 110 and 115 kilovolts. This is part of the …
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9 April 06:44 PM Alkhorayef Water secures SAR 52m contract in Jazan
Riyadh - Mubasher: Alkhorayef Water and Power Technologies Company signed a SAR 52.17 million contract with the National Water Company (NWC) on 8 April 2026, according to a bourse filing. The 36-month agreement covers the operation and maintenance …
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9 April 06:06 PM Jarir unveils GCC expansion with new SAR 15m showroom
Riyadh - Mubasher: Jarir Marketing Company, also known as Jarir Bookstore, has recently opened a new showroom in The Gate Mall, replacing its previous location in Sama Mall.  The new showroom is located in Kuwait’s Egaila area and spans 2,310 …
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9 April 05:18 PM Acwa announces Al Humaid as Vice Chairman
Riyadh - Mubasher: The board of Acwa Power Company approved, during its 8 April 2026 meeting, the resignation of Raad bin Esmat Al Saadi from his position as the Vice Chairman of the company.  Acwa's board also agreed to appoint Yazeed bin …
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9 April 03:53 PM ProMedEx renews SAR 84m facility agreement with Riyad Bank
Riyadh - Mubasher: Professional Medical Expertise Company (ProMedEx) has extended its Islamic facilities agreement with Riyad Bank for a total combined value of SAR 84 million. The credit facilities will fund ProMedEx’s ongoing projects and …
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9 April 03:29 PM IHR wins SAR 12m purchase order from Elm
Riyadh - Mubasher: International Human Resources Company (IHR) has received a SAR 12.03 million purchase order from Elm Company to provide human resources services during the Hajj season. The project will be effective immediately and will run for …
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9 April 12:40 PM Shalfa's board approves transfer to Tadawul's Main Market
Riyadh - Mubasher: The board members of Shalfa Facilities Management Company approved to move the listed shares from the Saudi Exchange’s (Tadawul) Parallel Market (Nomu) to the Main Market. On 8 April 2026, the board also agreed to appoint Value …
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9 April 11:22 AM Al Ashghal Al Moysra extends SAR 8m facility agreement with SNB
Riyadh - Mubasher: Al Ashghal Al Moysra Company renewed and increased a Sharia-compliant credit facility agreement worth SAR 8 million with Saudi National Bank (SNB). The three-year facility was obtained on 8 April 2026, according to a bourse …
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9 April 07:02 AM Saudi sports gaming startup ElGoat raises $266,000 funding to expand in MENA
Riyadh - Mubasher: Saudi Arabia-based sportstech ElGoat has closed a $266,000 Seed funding round backed by Trigon, with a valuation of $2.66 million, according to a press release. The fresh capital will be directed toward enhancing the platform’s …
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9 April 06:56 AM PIF backs King Street’s fund to expand private credit investment in MENA
Riyadh - Mubasher: The Public Investment Fund (PIF) signed a non-binding memorandum of understanding (MoU) with leading global investment management firm King Street Capital Management to expand private credit investment opportunities in Saudi …
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9 April 06:53 AM CMA greenlights Taiba Investments’ capital hike to SAR 5bn
Riyadh - Mubasher: The Capital Market Authority (CMA) approved increasing Taiba Investments Company’s capital to SAR 5 billion from SAR 2.60 billion by issuing one bonus share for 1.09 existing shares. The company will transfer SAR 1 billion from …
Masterplan Visual of The Beaumont
8 April 08:01 PM Syria unveils first-of-kind megaproject The Beaumont
Mubasher: Syria’s Ministry of Tourism has partnered with Ezdihar Holding to carry out The Beaumont mega-development project, which spans 77,000 square meters, according to a press release. The development is the country’s first fully integrated …
Saudi Exchange (Tadawul)
8 April 07:32 PM Marble Design plans moving to Tadawul’s Main Market
Riyadh – Mubasher: The board members of Marble Design Factory Company approved the transition from the Parallel Market (Nomu) to the Main Market (TASI) on the Saudi Exchange (Tadawul), according to a bourse disclosure. Moving from Nomu, meanwhile, …
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8 April 03:08 PM Saudi flyadeal launches scheduled flights from Riyadh to Neom
Riyadh - Mubasher: Saudi Arabia’s fast-growing low-cost airline flyadeal has launched scheduled flights from Riyadh to the northwestern region of Neom, according to a press release. The four-times-a-week service will link the Saudi capital with …
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8 April 11:17 AM eXtra logs nearly SAR 95m profits in estimated Q1-26 financials
Riyadh - Mubasher: United Electronics Company (eXtra) generated net profits attributable to the owners amounting to SAR 94.74 million in the first quarter (Q1) of 2026, an annual rise of 10.03% from SAR 86.10 million. The earnings per share (EPS) …
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8 April 10:21 AM Prices of investment funds including certificates in EGP, USD
Cairo – Mubasher: According to updated data, Mubasher is featuring mutual funds along with relevant prices based on the latest closing. Below you can find the names of investment funds and the price of each certificate in EGP, except for Azimut …
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7 April 07:19 PM Scientific & Medical Equipment obtains SAR 260m financing from Bank Albilad
Riyadh - Mubasher: Scientific & Medical Equipment House Company received a SAR 260 million loan from Bank Albilad on 6 April 2026, according to a bourse filing. The company will use the investment to finance current and future projects while …
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7 April 06:44 PM BinDawood Holding eyes 51% majority stake in Vaza for SAR 218m
Riyadh - Mubasher: BinDawood Holding Company inked a share purchase agreement (SPA) to acquire 51% of the shares in Vaza Food Company for an amount of SAR 217.90 million, according to a bourse disclosure. The acquisition aligns with the group’s …
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7 April 05:52 PM Riyadh Cables pens SAR 450m contract with Mohammed Al Ojaimi
Riyadh - Mubasher: Riyadh Cables Group Company inked a SAR 450 million contract with Mohammed Al Ojaimi Contracting Establishment on 6 April 2026. The 12-month agreement aims to supply cable products for power generation and transmission projects …
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7 April 05:25 PM Al Rajhi REIT signs SAR 2.5bn financing deals with Al Rajhi Bank, SAB
Riyadh - Mubasher: Al Rajhi Capital, the fund manager of Al Rajhi REIT Fund, inked Shariah-compliant financing facilities totaling SAR 2.50 billion with Al Rajhi Bank and Saudi Awwal Bank (SAB). The fund secured SAR 1.75 billion from Al Rajhi Bank …
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7 April 03:40 PM A Capital’s unit secures franchise deal to expand globally
Cairo - Mubasher: Porto International Investment, a subsidiary of A Capital Holding, has signed a development and master franchise agreement with Italian company La Burrateria. The deal includes establishing a factory for cheese production …
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7 April 11:55 AM Batic Investments, Tibbiyah announce new leaderships
Riyadh - Mubasher: Batic Investments and Logistics Company appointed Fares bin Mansour Al Rajhi as the board's Chairman and Turki bin Ahmed Al Obailan as Dupty Cahirman for the next four years. The new appointment will take effect on 3 April 2026 …