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19 May 08:14 AM

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MGC
17 May 09:09 AM Mutlaq Al Ghowairi MGC eyes IPO on Tadawul to support growth plans
Riyadh – Mubasher: Mutlaq Al Ghowairi Contracting Company (MGC) plans to proceed with an initial public offering (IPO) on the Main Market of the Saudi Exchange (Tadawul), according to a press release. The Capital Market Authority (CMA) approved …
Companies Investments
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17 May 08:38 AM Saudi fintech Stitch closes $25m funding round to fuel regional expansion plans
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, …
Companies Investments
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14 May 02:46 PM SASCO’s revenues jump to SAR 3bn in Q1-26
Riyadh - Mubasher: Saudi Automotive Services Company (SASCO) shifted to net losses totaling SAR 23.70 million in the first quarter (Q1) of 2026, compared to net profits valued at SAR 4.28 million. The revenues climbed by 9.45% to SAR 3.02 billion …
Financial Results
Photo Archive
14 May 01:34 PM Najran Cement’s net profits shrink to SAR 6m in Q1-26
Riyadh – Mubasher: The net profits of Najran Cement Company fell by 64.46% to SAR 6.10 million in the first quarter (Q1) of 2026 from SAR 17.19 million in Q1-25. The sales retreated by 9.03% year-on-year (YoY) to SAR 123.01 million as of 31 March …
Financial Results
Photo Archive
14 May 11:27 AM Southern Province Cement incurs SAR 4m losses in Q1-26
Riyadh - Mubasher: Southern Province Cement Company turned to net losses valued at SAR 4 million in the first quarter (Q1) of 2026, compared to net profits of SAR 16 million in Q1-25. The revenues declined by 7.72% year-on-year (YoY) to SAR 203 …
Financial Results
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14 May 08:44 AM Al Arabia’s net profits hike to SAR 163m in Q1-26
Riyadh - Mubasher: Arabian Contracting Services Company (Al Arabia) logged net profits after tax totaling SAR 8.88 million in the first quarter (Q1) of 2026, an annual leap of 94.54% from SAR 162.78 million. The sales fell by 21.99% year-on-year …
Company News
Lazurde
14 May 08:38 AM Lazurde’s net profits shrink 73% in Q1-26; sales reach SAR 1bn
Riyadh - Mubasher: Lazurde Company for Jewelry generated 72.93% year-on-year (YoY) lower net profits attributable to the shareholder at SAR 3.60 million in the first quarter (Q1) of 2026. The quarterly earnings were compared with SAR 13.30 million …
Company News
Saudi Ceramics
14 May 08:33 AM Saudi Ceramics generates 6% higher profits in Q1-26
Riyadh -Mubasher: The net profits of Saudi Ceramic Company (Saudi Ceramics) increased by 6.14% to SAR 22.41 million in the first quarter (Q1) of 2026 from SAR 21.12 million in Q1-25. The company posted an annual decline of 0.41% in revenue to SAR …
Company News
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13 May 12:59 PM Takween’s net losses widen 99.5% in Q1-26
Riyadh - Mubasher: Takween Advanced Industries Company incurred 99.57% year-on-year (YoY) higher net losses at SAR 18.99 million in the first quarter (Q1) of 2026, compared to SAR 9.51 million. The loss per share hit SAR 0.25 in Q1-26, up from SAR …
Company News
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13 May 10:13 AM Al Jouf Cement announces higher losses in Q1-26; revenues hit SAR 40m
Riyadh – Mubasher: The net losses of Al Jouf Cement Company widened by 41.80% to SAR 21.60 million in the first quarter (Q1) of 2026 from SAR 15.23 million in Q1-25. At the end of March 2026, revenues plunged by 41.32% year-on-year (YoY) to SAR …
Company News
RAK Ceramics
13 May 09:52 AM RAK Ceramics delivers resilient performance in Q1-26 backed by strong regional footprint
Abu Dhabi – Mubasher: The net profits after tax of RAK Ceramics declined by 21.80% year-on-year (YoY) to AED 38.21 million in the first quarter (Q1) of 2026 from AED 48.87 million. The basic and diluted earnings per share (EPS) hit AED 0.03 in …
Company News
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13 May 08:36 AM Al Akaria’s net profits skyrocket 252% in Q1-26
Riyadh - Mubasher: Saudi Real Estate Company (Al Akaria) recorded 251.84% year-on-year (YoY) higher net profits attributable to the shareholders at SAR 475.70 million in the first quarter (Q1) of 2026, compared to SAR 135.20 million. The revenues …
Financial Results
Photo Archive
13 May 05:56 AM Knowledge Economic City incurs lower losses in Q1-26; accumulated losses near SAR 458m
Riyadh - Mubasher: Knowledge Economic City reported 10.60% year-on-year (YoY) lower net losses at SAR 15.43 million in the first quarter (Q1) of 2026, compared to SAR 17.26 million. The sales reached SAR 55.42 million in Q1-26, up 8.68% from SAR …
Company News
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13 May 05:50 AM Tabuk Cement witnesses 68.5% lower net profits in Q1-26
Riyadh – Mubasher: Tabuk Cement Company generated net profits after tax valued at SAR 4.10 million in the first quarter (Q1) of 2026, lower by 68.55% than SAR 13.04 million in Q1-25. Likewise, the revenues fell by 7.57% year-on-year (YoY) to SAR …
Company News
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13 May 05:38 AM Emaar The Economic City’s net losses deepen in Q1-26
Riyadh – Mubasher: The net losses of Emaar The Economic City widened by 46.34% to SAR 180 million in the first quarter (Q1) of 2026, compared to SAR 123 million in Q1-25. The group generated 23.03% year-on-year (YoY) lower revenues at SAR 157 …
Company News
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13 May 05:36 AM BinDawood Holding sees 4.5% higher profits in Q1-26; sales exceed SAR 1.8bn
Riyadh - Mubasher: BinDawood Holding Company registered net profits totaling SAR 17.12 million in the first quarter (Q1) of 2026, up 4.47% from SAR 67.12 million in Q1-25, according to the interim financial results. Net sales climbed by 8.18% to …
Company News
ADES Holding
13 May 05:34 AM ADES Holding delivers strong performance during Q1-26 despite operational suspensions in GCC
Riyadh - Mubasher: ADES Holding Company registered net profits attributable to the shareholders totaling SAR 236.44 million in the first quarter (Q1) of 2026, an annual rise of 21.78% from SAR 194.15 million. The revenues climbed by 62.61% to SAR …
Global Economy
Aramco
10 May 08:20 AM Aramco enters 2026 with exceptional operational performance; dividends announced
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) recorded SAR 120.13 billion in net profit attributable to the shareholders during the first quarter (Q1) of 2026, an annual leap of 25.55% from SAR 95.68 billion. The oil giant achieved …
Cash Dividends
Al Othaim Markets
12 May 07:45 PM Abdullah Al Othaim Markets achieves SAR 2.9bn revenues in Q1-26; dividends unveiled
Riyadh – Mubasher: Abdullah Al Othaim Markets Company logged net profits attributable to the shareholders at an amount of SAR 53.66 million in the first quarter (Q1) of 2026. The quarterly earnings were 29.72% lower than SAR 76.36 million in …
Financial Results
Photo Archive
12 May 07:02 PM Al Hammadi Holding’s profits cross SAR 56m in Q1-26; dividends proposed
Riyadh – Mubasher: The net profits attributable to the shareholders of Al Hammadi Holding hit SAR 56.24 million in the first quarter (Q1) of 2026, an annual drop of 23.92% from SAR 73.93 million. The revenues grew by 5.70% to SAR 319.09 million as …
Company News
Saudi Chemical
12 May 06:38 PM Saudi Chemical records 6% higher net profits in Q1-26
Riyadh - Mubasher: Saudi Chemical Company achieved 5.92% higher net profits at SAR 87.21 million in the first quarter (Q1) of 2026, compared to SAR 82.33 million in Q1-25. The company generated revenues totaling SAR 1.72 billion in January-March …
Company News
Dallah Healthcare
12 May 06:19 PM Dallah Healthcare unveils financial results, dividends for Q1-26
Riyadh – Mubasher: Dallah Healthcare Company generated SAR 84.52 million in net profit attributable to the shareholders during the first quarter (Q1) of 2026, an annual drop of 45.66% from SAR 155.56 million. The revenues grew by 21.67% to SAR …
Cash Dividends
Arabian Drilling
12 May 05:51 PM Arabian Drilling’s backlog hits SAR 12.5bn in Q1-26; profits shrink 90.5%
Riyadh – Mubasher: The net profits attributable to the shareholders of Arabian Drilling fell by 90.55% to SAR 7.10 million in the first quarter (Q1) of 2026 from SAR 75.20 million in Q1-25. The revenues amounted to SAR 821.60 million in Q1-26, …
Financial Results
Photo Archive
12 May 05:29 PM Sumou Real Estate’s net profits leap in Q1-26; sales reach SAR 185.5m
Riyadh - Mubasher: Sumou Real Estate Company logged net profits attributable to the shareholders amounting to SAR 35.62 million in the first quarter (Q1) of 2026. The registered net profits were higher by 59.30% year-on-year (YoY) than SAR 22.36 …
Financial Results
Photo Archive
12 May 04:23 PM Alandalus Property turns into profitability in Q1-26; revenues jump over 25.5%
Riyadh - Mubasher: Alandalus Property Company turned profitable at SAR 1.77 million in the first quarter (Q1) of 2026, compared to net losses of SAR 830,000 in Q1-25. The revenues climbed by 25.61% year-on-year (YoY) to SAR 70.86 million in Q1-26 …
Real estate