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Alinma Bank
21 May 05:58 AM Alinma Bank begins USD-denominated AT-1 sukuk offering
Riyadh – Mubasher: Alinma Bank commenced issuing its USD-denominated Additional Tier 1 (AT-1) capital sukuk through a special purpose vehicle (SPV) on 20 May 2026, according to a bourse statement. The minimum subscription stood at $200,000 and in …
Arabian Mills for Food Products Company
20 May 10:12 PM Arabian Mills announces payment date for 2025 dividends
Riyadh – Mubasher: Arabian Mills for Food Products Company has announced the finalized schedule for the distribution of cash dividends for 2025, which follows the board of directors' earlier recommendation and the subsequent approval by the …
Saudi Exchange (Tadawul)
20 May 09:57 PM CMA nods for delisting of Alkhabeer Capital’s fund
Riyadh – Mubasher: The Saudi Capital Market Authority (CMA) has issued a resolution approving a request from Alkhabeer Capital to delist Alkhabeer Growth and Income Fund from the Saudi Exchange (Tadawul), according to an official statement. The …
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20 May 07:55 PM Seera completes creditor objection period capital cut
Riyadh – Mubasher: Seera Group Holding has officially announced the conclusion of the creditor objection period regarding its planned capital reduction. The company confirmed that the designated window for creditors to voice formal opposition …
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20 May 07:37 PM Thimar halts bonus, allowances for board members
Riyadh – Mubasher: Thimar Development Holding Company announced the board of directors' decision to suspend the calculation of bonuses and attendance allowances for members of the board and its subcommittees, according to a bourse disclosure. The …
Riyadh Cables Group Company
20 May 07:21 PM Riyadh Cables unveils equity transfer by major shareholder
Riyadh – Mubasher: Riyadh Cables Group Company, a prominent manufacturer in the Saudi industrial sector, has officially announced a significant internal reorganization of its shareholding structure, according to a bourse disclosure. The company …
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18 May 07:12 PM Saudi listed companies’ earnings in Q1-26 surge to SAR 166.5bn – Report
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 …
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20 May 06:47 PM Major shareholder in SMC Healthcare plans equity reorganization
Riyadh – Mubasher: Specialized Medical Company (SMC Healthcare) has received an official notification from Al Thumad Trading Company regarding a significant reorganization of its equity position. The major shareholder, which currently controls a …
Sukuk
20 May 05:41 PM Edaa announces deposit of iOud’s Sukuk securities
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 …
Aramco, Pasqal launch Middle East’s 1st commercial QCaaS platform
18 May 05:41 PM Aramco partners with Pasqal to launch Middle East’s 1st commercial QCaaS platform
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 …
Sukuk Capital Company
20 May 05:27 PM CMA authorizes Sukuk Capital for certain activity in securities business
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 …
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20 May 04:45 PM GGCI appoints Alghamdi as Acting CEO
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 …
Intelligent Oud (iOud)
20 May 04:08 PM Tadawul announces listing of iOud Credit Enhanced Sukuk
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, …
Saudi Exchange (Tadawul)
18 May 03:51 PM Tadawul to close full week for Eid Al Adha
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 …
Netzero
20 May 02:56 PM Netzero collaborates with Aramex for smart sustainability initiative in Saudi Arabia
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 …
Saudi Arabia
20 May 01:26 PM Inflation likely to stay contained in Saudi Arabia throughout 2026 – Report
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 …
Flynas
20 May 07:27 AM Flynas inaugurates 5th operations base at Abha International Airport
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 …
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20 May 07:21 AM Saudi Arabia, UAE cut US Treasury holdings in March
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 …
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20 May 07:15 AM Tarshid pens deal with Talco to develop solar energy project
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 …
Saudi fintech Arib
20 May 07:11 AM Saudi fintech Arib closes $23.5m funding round led by Merak Capital
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 …
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20 May 07:09 AM Wajd Life rolls out SAR 39.5m contract award
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 …
Tawakkalna App
20 May 07:06 AM Saudi app Tawakkalna enables display of Hajj permits
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 …
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20 May 07:03 AM Taiba Investments discloses payment date for 2025 cash dividends
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 …
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20 May 07:01 AM Saudi Arabia expands development projects ahead of Expo 2030 Riyadh
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 Air
20 May 06:57 AM Riyadh Air opens ticket sales for Dreamliner London route
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. …