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Default Company (COAST)

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News

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22 minutes ago Future Care Trading inaugurates new branch
Riyadh — Mubasher: Future Care Trading Company has opened its newest branch in the city of Makkah on 5 August 2026, according to a bourse filing. The expansion is part of the company’s broader strategy to increase its geographical footprint and …
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43 minutes ago Rawasi Albina to elect new board at OGM
Riyadh — Mubasher: Rawasi Albina Investment Company has called for an Ordinary General Meeting (OGM) to be held on 26 August 2026, at 19:00, according to a bourse filing. The meeting will be conducted both in-person at the company’s Riyadh …
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4 hours ago Saudi Ceramics awards SAR 16m contract to Sadr Logistics
Riyadh – Mubasher: Saudi Ceramic Company inked a contract with Sadr Logistics Company totaling SAR 16.07 million, excluding value-added tax. The agreement involves a SAR 3.07 million supply order for wooden pallets alongside core project works …
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4 hours ago Mawarid Manpower to pay out SAR 32m dividends for H1-26
Riyadh – Mubasher: Mawarid Manpower Company’s board of directors greenlighted a cash dividend distribution of SAR 32 million to shareholders for the first half (H1) of 2026. The distribution will be allocated across 20 million eligible shares, …
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01:27 PM Al Razi Medical calls for general assembly to elect new directors
Riyadh – Mubasher: Al Razi Medical Company recently invited its shareholders to attend the first Ordinary General Assembly meeting scheduled for 7 September 2026, according to a bourse filing. The meeting will be conducted via modern technology at …
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10:39 AM Sadr Logistics pens SAR 3.5m agreement with Saudi Ceramics
Riyadh – Mubasher: Sadr Logistics Company has signed a contract with Saudi Ceramic Company at a value of SAR 3.53 million, including value-added tax. Under the terms of the agreement, Sadr Logistics will supply wooden pallets to support the …
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09:19 AM Luberef extends Jeddah facility lease agreement with Saudi Aramco
Riyadh – Mubasher: Saudi Aramco Base Oil Company (Luberef) announced the extension of its utility services sale agreement with Saudi Oil Company (Aramco), which includes the land lease for the company’s facility in Jeddah. The extension, signed on …
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10 August 04:29 PM Molan Steel to pursue reverse stock split following recent notification
Riyadh — Mubasher: Molan Steel Company recently announced it had received a notification from the Saudi Exchange (Tadawul) on 3 August 2026 regarding its average closing share price falling below the minimum required threshold. Under Paragraph (C) …
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10 August 03:17 PM Al Razi Medical announces 261% profit growth in H1-26
Riyadh — Mubasher: Al Razi Medical Company reported a 261.27% surge in net profit to nearly SAR 420,000 during the first half (H1) of 2026, compared to roughly SAR 120,000 during the same period in 2025. The medical company’s revenues rose by …
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10 August 10:18 AM Arabian Drilling swings to losses in Q2-26 on lower rig utilization
Riyadh – Mubasher: Arabian Drilling incurred net losses valued at SAR 31.50 million for the second quarter (Q2) of 2026, compared to a net profit of SAR 7.50 million during the same period in 2025. The company attributed the downturn to a decline …
Seera
10 August 09:38 AM Seera’s net profits jump to SAR 122m in H1-26
Riyadh – Mubasher: Seera Group Holding witnessed a sharp increase in net profit for the second quarter (Q2) of 2026, with earnings reaching SAR 80 million compared to SAR 3 million during the same period in 2025. The company attributed the …
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9 August 09:23 AM Mawarid Manpower posts higher revenues at SAR 1.5bn in H1-26
Riyadh – Mubasher: Mawarid Manpower Company logged net profits amounting to SAR 102.21 million for the first half (H1) of 2026, representing a 64.01% leap from SAR 62.32 million in H1-25. Earnings per share (EPS) increased to SAR 5.11 at the end …
Cenomi Centers
6 August 10:45 AM Cenomi Centers announces H1-26 financial results; profits cross SAR 588m
Riyadh - Mubasher: Arabian Centres Company (Cenomi Centers) logged net profits valued at SAR 588.20 million for the first half (H1) of 2026, marking an annual drop of 14.73%. The decline in bottom-line performance was primarily driven by higher …
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5 August 01:36 PM Alujain Corporation’s board greenlights SAR 52m interim dividends for H1-26
Riyadh - Mubaher: The board members of Alujain Corporation approved a cash dividend distribution of SAR 51.90 million for the first half (H1) of 2026. The payout will be distributed across 69.20 million eligible shares, resulting in a dividend of …
Marafiq
5 August 08:58 AM Marafiq’s profits shrink 64% in H1-26; revenues hit SAR 3.5bn
Riyadh – Mubasher: Power and Water Utility Company for Jubail and Yanbu (Marafiq) reported net losses valued at SAR 46.45 million for the second quarter (Q2) of 2026, compared to a net profit of SAR 109.60 million in Q2-25. The swing to a loss …
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5 August 08:20 AM AMAK extends market-making agreement with SNB Capital
Riyadh – Mubasher: The board of Almasane Alkobra Mining Company (AMAK) resolved on 30 July 2026 to extend the appointment of SNB Capital as a market maker for the company’s shares. The extension is set for a duration of one year and is intended to …
Westfield Jeddah
4 August 08:40 PM Cenomi Centers expects SAR 350m annual EBITDA from Westfield Jeddah
Riyadh - Mubasher: Arabian Centres Company (Cenomi Centers) has completed major construction and the transition to the operational phase for its Westfield Jeddah project. The company secured the occupancy certificate for the development on 30 July …
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4 August 07:34 AM Naqi Water reaches full production capacity at poultry project
Riyadh — Mubasher: Naqi Water Company has begun commercial production and sales for its new flock within its table-egg project. The company confirmed that the facility has reached 100% of its total production capacity, effectively doubling output …
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3 August 04:14 PM Sumou Real Estate eyes SAR 25m cash dividends for H1-26
Riyadh - Mubasher: The board of Sumou Real Estate Company has approved a cash dividend distribution of SAR 25 million for the first half (H1) of 2026. The payout, which was decided during a board meeting held on 30 July, targets 50 million …
First Mills
3 August 01:08 PM First Mills starts commercial operations at new Al Qassim facility
Riyadh — Mubasher: First Milling Company (First Mills) began the commercial operations at its new flour mill in the Al Qassim branch on 2 August 2026. The launch follows the company obtaining the final operating license from the General Food …
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2 August 05:43 PM Alujain Corporation’s net profits skyrocket 639% in Q2-26
Riyadh - Mubaher: The net profits of Alujain Corporation hiked by 639.10% year-on-year (YoY) to SAR 91.87 million for the second quarter (Q2) of 2026, compared to SAR 12.43 million in Q2-25. The petrochemical firm attributed the growth to a 71% …
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2 August 05:12 PM Sumou Real Estate posts SAR 67m net profits in H1-26; revenues jump 62.5%
Riyadh - Mubasher: Sumou Real Estate Company achieved 12.87% year-on-year (YoY) higher net profits at SAR 67.10 million in the first half (H1) of 2026, versus SAR 59.44 million during the same period in 2025. The company attributed the growth to …
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2 August 03:01 PM Rawasi Albina reschedules 2025 cash dividend distribution
Riyadh — Mubasher: Rawasi Albina Investment Company revised the payment schedule for 2025 cash dividends, shifting the disbursement date from 30 July 2026 to 20 August. The company confirmed that the eligibility date for shareholders remains …
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2 August 12:25 PM Luberef to pay SAR 673m cash dividends for H1-26
Riyadh – Mubasher: The board of Saudi Aramco Base Oil Company (Luberef) has approved a cash dividend distribution totaling SAR 673.06 million for the first half (H1) of 2026. The decision, reached during a board meeting on 30 July 2026, allocates …
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2 August 09:26 AM Luberef’s net profits leap 199.5% in Q2-26
Riyadh – Mubasher: Saudi Aramco Base Oil Company (Luberef) posted 199.39% higher net profits at SAR 734.10 million in the second quarter (Q2) of 2026, compared to SAR 245.20 million in Q2-25. The company attributed the growth primarily to higher …