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News

31 minutes ago Molan Steel shareholders nod for auditor appointment, dividend mandate

Riyadh – Mubasher: Molan Steel Company announced that its ordinary general assembly approved the appointment of Al Zoman, Al Fahad & Al Hajjaj for Professional Consulting as the company’s external auditor. The firm will audit the semi-annual and …

Board of Directors

2 hours ago Bena Steel Industries shareholders approve auditor appointment, financial reports

Riyadh – Mubasher: Bena Steel Industries Company disclosed that its shareholders approved the appointment of PKF Ibrahim Ahmed Al-Bassam & Co. as the external auditor during an ordinary general assembly meeting (OGM) held on 30 June 2026. The …

General Assembly

2 hours ago Sure Global Tech to disburse SAR 11.5m dividends; shareholders approve financial performance

Riyadh – Mubasher: Sure Global Tech Company announced that its shareholders approved a cash dividend distribution totaling SAR 11.54 million for the fiscal year ended on 31 December 2025. The decision was reached during an Ordinary General …

Corporate Actions

5 hours ago East Pipes Integrated begins e-voting ahead of OGM

Riyadh – Mubasher: East Pipes Integrated Company for Industry announced the commencement of electronic voting for its Ordinary General Meeting (OGM). Shareholders registered on the Tadawulaty portal will be eligible to cast their votes remotely …

General Assembly

6 July 09:39 PM ProMedEx submits capital raise request to CMA

Riyadh – Mubasher: Professional Medical Expertise Company (ProMedEx) has submitted a formal application to the Capital Market Authority (CMA) to increase its capital through a rights issue offering, according to a bourse filing. The submission was …

Management Decisions

6 July 09:12 PM Knowledge Net enters into agreement with UAE-listed Emirates NBD

Riyadh – Mubasher: Knowledge Net announced the signing of a contract with Emirates NBD to provide licenses for its proprietary TradeNet product, according to a bourse filing. Under the terms of the agreement, Knowledge Net will also manage the …

Company News

6 July 08:59 PM Knowledge Tower announces annual fiscal results

Riyadh – Mubasher: Knowledge Tower Trading Company reported a 75.3% decline in net profit for the fiscal year ended on 31 March 2026, with earnings falling to SAR 851,927 from SAR 3.44 million in the previous fiscal year. The company attributed …

Financial Results

6 July 08:33 PM Rawasi Albina opens nomination for board membership

Riyadh – Mubasher: Rawasi Albina Investment Company commenced nominations for membership of the Board of Directors for its upcoming three-year term, according to a bourse filing. The new board session is scheduled to begin on 13 September 2026 and …

Board of Directors

6 July 08:00 PM Alqemam shareholders approve related-party loan deal, external auditor appointment

Riyadh – Mubasher: Alqemam for Computer Systems Company announced the results of its Ordinary General Assembly meeting during which the shareholders approved a related party transaction involving Chairman Wasel Abdullah Al Wasel. The transaction …

Companies Investments

6 July 12:29 PM Al Rashid Industrial completes fractional shares sale following capital hike

Riyadh – Mubasher: Al Rashid Industrial Company has completed the sale of fractional shares and the subsequent deposit of proceeds into the accounts of eligible shareholders. The fractional shares were generated following a capital increase …

Company News

6 July 08:31 AM Naqi Water corrects execution date for machinery contract

Riyadh — Mubasher: Naqi Water Company issued a regulatory filing to correct the execution date of a previously announced contract valued at SAR 17.58 million. The agreement involves the establishment of a factory for manufacturing bottled water …

Companies Investments

5 July 09:45 PM Tam Development to disburse over SAR 2m dividends; unveils share buyback program, contracts

Riyadh – Mubasher: Tam Development Company announced that its shareholders approved a cash dividend distribution for the 2025 fiscal year and authorized a strategic share buyback program, according to a bourse filing. The extraordinary general …

Board of Directors

5 July 09:37 PM Saudi Lime appoints Makhdoum in Audit Committee

Riyadh – Mubasher: Saudi Lime Industries Company announced the appointment of Ihsan Amanullah Makhdoum to its Audit Committee for the upcoming board session, according to a bourse filing. The decision was finalized by the Board of Directors on 29 …

Board of Directors

5 July 08:55 PM ProMedEx shareholders ratify dividend authorization, auditor appointment

Riyadh – Mubasher: Professional Medical Expertise Company, known as ProMedEx, has concluded its Ordinary General Assembly meeting on 29 June 2026, where shareholders approved several key resolutions. The investors ratified the authorization for …

Management Decisions

5 July 07:40 PM Saudi Lime announces new Audit Committee for upcoming board term

Riyadh – Mubasher: Saudi Lime Industries Company has announced the formation of its Audit Committee for the forthcoming Board of Directors term. Following a resolution by the Board, the committee has been established to serve a four-year tenure …

General Assembly

5 July 07:10 PM Keir International renews SAR 155m credit facilities with SAB

Riyadh – Mubasher: Keir International Company recently announced the renewal of its Sharia-compliant financing agreement with Saudi Awwal Bank (SAB) at a value of SAR 155 million, according to a bourse filing. The funding is designed to support …

Company News

5 July 06:47 PM Saudi Lime appoints new Chairman, forms board committees

Riyadh – Mubasher: Saudi Lime Industries Company has announced the appointment of its Chairman and Vice Chairman, the formation of its primary board committees, and the designation of official company representatives for its upcoming board cycle. …

Company News

5 July 03:15 PM East Pipes Integrated shareholders to vote on transactions, interim dividends

Riyadh – Mubasher: East Pipes Integrated Company for Industry invited its shareholders to attend an Ordinary General Meeting (OGM) scheduled for 27 July 2026. The meeting will be conducted virtually via modern technology and the Tadawulaty system, …

Cash Dividends

5 July 03:12 PM Naqi Water to develop new manufacturing facility at SAR 17.5m cost

Riyadh — Mubasher: Naqi Water Company inked a contract valued at SAR 17.57 million to establish an internal manufacturing facility for bottled water caps.  The agreement, signed on 14 June 2026, involves the purchase and installation of …

Company News

5 July 12:19 PM Sumou Real Estate forms new executive committee until 2028

Riyadh - Mubasher: Sumou Real Estate Company announced that its board of directors approved the formation of a new executive committee on 4 July 2026. The committee’s term is scheduled to begin on 5 July 2026 and will conclude upon the expiration …

Management Decisions

5 July 08:07 AM Waja announces board reshuffle, appoints independent director

Riyadh - Mubasher: Waja Company has officially announced a change in the composition of its Board of Directors following the resignation of an independent member and the subsequent appointment of a highly experienced industrial leader. The company …

Company News

5 July 08:03 AM Rawasi Albina eyes 50% stake in Al Amlaq Al Hadidiyah

Riyadh – Mubasher: Rawasi Albina Investment Company has signed a non-binding memorandum of understanding (MoU) with the owner of Riyadh-based Al Amlaq Al Hadidiyah Trading Establishment. The agreement outlines the potential acquisition of 50% of …

Mergers and Acquisitions

2 July 12:30 PM Sumou Real Estate inks agreement with Arch 3 Real Estate Development

Riyadh - Mubasher: Sumou Real Estate Company entered into a project development management agreement with Arch 3 Real Estate Development Company on 1 July 2026 for a significant mixed-use development in Jeddah. Acting on behalf of the Arch Real …

Companies Investments

2 July 09:29 AM First Mills initiates board nomination process for next term

Riyadh – Mubasher: First Milling Company (First Mills) announced the opening of the nomination period for membership on its board of directors for the upcoming four-year term. The company is seeking candidates for 8 board seats to serve during the …

Company News

2 July 09:19 AM Naqi Water pens MoU to acquire 70% stake in Ahali Najd Car Rental

Riyadh — Mubasher: Naqi Water Company signed a memorandum of understanding (MoU) to acquire a 70% equity stake in Ahali Najd Car Rental Company on 1 July 2026. The agreement, which is non-binding for Naqi Water but binding for the target company, …

Company News