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News

5 July 10:45 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 10:37 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 …

General News

5 July 09:55 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 …

Companies Investments

5 July 08:40 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 …

Management Decisions

5 July 08:10 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 07:47 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. …

Corporate Actions

5 July 04:15 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, …

General Assembly

5 July 04:12 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 01:19 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 …

Board of Directors

5 July 09:23 AM Shalfa awarded SAR 36m project contract by ZATCA

Riyadh – Mubasher: Shalfa Facilities Management Company has announced the awarding of a comprehensive security services project by the Zakat, Tax and Customs Authority (ZATCA). The project, which is valued at approximately SAR 35.99 million, will …

Company News

5 July 09:07 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 …

Management Decisions

5 July 09:03 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 …

Company News

2 July 01:30 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 …

Company News

2 July 10:29 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 …

Board of Directors

2 July 10:19 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, …

Mergers and Acquisitions

1 July 09:10 PM Balady Poultry shareholders approve several contracts, auditor appointment

Riyadh – Mubasher: Balady Poultry Company announced that its Ordinary General Assembly, held on 25 June 2026, approved all items on its agenda with a shareholder attendance rate of 87.11%. Shareholders ratified several significant related party …

General Assembly

1 July 07:43 PM Knowledge Net’s financial statements, investment contracts approved at OGM

Riyadh – Mubasher: Knowledge Net Company has announced the results of its Ordinary General Assembly meeting (OGM) held on 25 June 2026, which included the appointment of RSM Allied Accountants Professional Services as the external auditor for the …

Corporate Actions

1 July 07:17 PM MOBI Industry ratifies dividend mandate, financials at OGM

Riyadh – Mubasher: MOBI Industry Company has announced the conclusion of its Ordinary General Assembly Meeting held on 25 June 2026, during which the shareholders reviewed the financial performance for 2025, besides taking other decisions. The …

Company News

1 July 06:35 PM Al Babtain Food shareholders ratify 2025 dividend payout, auditor appointment

Riyadh – Mubasher: Abdulaziz & Mansour Ibrahim Albabtin Company (Al Babtain Food) has announced the successful conclusion of its Ordinary General Assembly meeting (OGM) held on 25 June 2026, during which the shareholders approved the distribution …

Company News

1 July 05:53 PM AICTEC shareholders approve related-party contracts, financial reports

Riyadh – Mubasher: Advance International Company for Communication and Information Technology (AICTEC) has announced the results of its Ordinary General Assembly meeting (OGM), where shareholders approved the company’s financial statements for the …

Management Decisions

1 July 03:22 PM Molan Steel board recommends capital restructuring plan

Riyadh – Mubasher: Molan Steel Company, a prominent player in the Saudi industrial sector, has announced a comprehensive strategic plan to address its critical financial position after accumulated losses reached 99.21% of its SAR 26.60 million …

Corporate Actions

1 July 10:09 AM Cenomi Centers nods for SAR 1.6bn related-party transactions

Riyadh - Mubasher: Arabian Centres Company (Cenomi Centers) held its Ordinary General Meeting (OGM) on 30 June 2026, where shareholders approved several critical resolutions, including a mandate for the Board of Directors to distribute interim …

General Assembly

1 July 08:57 AM Amlak International inks SAR 133.6m financing agreement with SNB

Riyadh - Mubasher: Amlak International Finance Company announced the formal execution of a strategic agreement with the Saudi National Bank (SNB) for the sale of a consumer finance contract portfolio. The initial transaction, valued at SAR 133.66 …

Company News

1 July 08:44 AM Saudi Tadawul Group approves share buyback program

Riyadh - Mubasher: Saudi Tadawul Group Holding Company has announced that its shareholders approved a strategic share buyback plan and the establishment of a dedicated employee stock incentive program during an Extraordinary General Assembly …

Companies Investments

1 July 07:44 AM First Mills rolls out SAR 83m agreement with Almutlaq Group

Riyadh – Mubasher: First Milling Company (First Mills) has announced the results of its Extraordinary General Meeting (EGM) held on 28 June 2026, where shareholders approved the appointment of KPMG as the external auditor and authorized a series …

Companies Investments