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05 July 11:55 AM
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Saudi MESC appoints new Chairman, Vice Chairman

Riyadh – Mubasher: Middle East Specialized Cables Company (MESC) has named Yahiya Ibrahim Al Qunaibit as the new Chairman of the board for the next three years. Moreover, the listed firm appointed Saad Amash Al Shammari as the Vice Chairman, …
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SABB’s board proposes SAR 1.13bn dividends for H1-22
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Tadawul closes Monday’s session lower
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Bupa Arabia renews insurance deal with SABIC
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Wafrah’s rights issue 78% oversubscribed
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Lazurde to pay 2.5% of capital as dividends for 2021
KSA Arab Global Commodities
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Saudi MESC appoints new Chairman, Vice Chairman Corporate Actions
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SABB’s board proposes SAR 1.13bn dividends for H1-22 Board of Directors
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Tadawul closes Monday’s session lower Trading Activities
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Bupa Arabia renews insurance deal with SABIC Companies Investments
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Wafrah’s rights issue 78% oversubscribed Companies Investments
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Lazurde to pay 2.5% of capital as dividends for 2021 General Assembly
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SIDC’s subdiairy signs agreement worth SAR 13m/year with Emdad Companies Investments
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Derayah Financial declares Q2-22 dividends for REIT fund's unitholders Management Decisions
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Al Akaria’s unit obtains EGM nod for capital cut General Assembly
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Ayyan Investment names new Chairman, Vice Chairman Board of Directors
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Islamic Finance
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solutions secures SAR 1bn loan from SNB Banking and Finance
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SAIB commences SAR-denominated Tier 1 Sukuk offering Banking and Finance
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NDMC closes SAR 5.44bn Sukuk issuance Macroeconomics
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Sumou Real Estate secures SAR 50m loan from Riyadh Bank Sukuk and Islamic Finance
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Raya Holding unveils unit’s plans for new bond issue, portfolio expansion Companies Investments
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Indonesian government lists $3.25bn Sukuk tranches on Nasdaq Dubai Sukuk and Islamic Finance
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Saudi flynas obtains SAR 844m Murabaha financing Companies Investments
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Bahri plans to issue SAR-denominated Sukuk Management Decisions
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SAIB plans full redemption of SAR 285m Sukuk Banking and Finance
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Nasdaq Dubai announces listing of IsDB’s $1.6bn Sukuk Banking and Finance
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Arab Markets
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Tecom Group commences trading on DFM Initial Public Offerings
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SODIC submits non-binding offer to acquire MNHD Mergers and Acquisitions
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Inflation pressures in UAE hit 11-year high in June Macroeconomics
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TAQA Arabia inaugurates 5MW PV solar plant in Somabay Companies Investments
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Egypt’s development financing reaches $8.7bn in 2021 Macroeconomics
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Suez Canal’s revenues leap to $7bn in FY21/22 Macroeconomics
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Egypt announces Eid El-Adha holiday Event
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Saudi MESC appoints new Chairman, Vice Chairman Board of Directors
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SABB’s board proposes SAR 1.13bn dividends for H1-22 Banking and Finance
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Egypt’s stock market declines on Monday Trading Activities
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International Markets
Gold demand declines in Q1 due to ETF outflows
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