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Default Company (IFA)

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News

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5 hours ago Horizon Food’s shareholders approve financial statements, auditor appointment
Riyadh – Mubasher: Horizon Food Company successfully convened its Ordinary General Assembly Meeting on 2 June 2026, which represented the first assembly for this session. The shareholders reviewed the company’s operational and financial …
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3 June 07:32 PM Academy of Learning elects new board, approves regulatory changes
Riyadh – Mubasher: Academy of Learning Company has announced the results of its Ordinary General Assembly meeting held on 2 June 2026, where the shareholders approved the election of a new Board of Directors and sanctioned several key regulatory …
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3 June 06:36 PM Saudi Networkers Services renews framework agreement with local bank
Riyadh – Mubasher: Saudi Networkers Services Company has announced the renewal of a comprehensive framework agreement with a prominent local bank in Saudi Arabia for a five-year duration, according to a bourse filing. The contract is renewable and …
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3 June 05:05 PM Maharah Human Resources invites shareholders to vote on 26% capital increase
Riyadh – Mubasher: Maharah Human Resources Company invited its shareholders to attend the extraordinary general meeting (EGM), to be held on 29 June, and vote on a 26.32% capital hike. The company aims to increase its total capital from SAR 475 …
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3 June 01:00 PM Seera reduces capital to SAR 2.7bn following EGM’s approval
Riyadh – Mubasher: The extraordinary general meeting (EGM) of Seera Group Holding approved the board’s proposal to reduce the company's capital from SAR 3 billion to SAR 2.74 billion. Following the 8.65% capital reduction, the number of the …
Naba Alsaha Medical Services Company
2 June 07:19 PM Naba Alsaha’s shareholders to vote on doubling capital via bonus shares
Riyadh – Mubasher: Naba Alsaha Medical Services Company announced that the commencement of electronic voting on the agenda items of the extraordinary general assembly meeting which include the increase of the company's capital by 100% will be held …
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2 June 06:23 PM ProMedEx welcomes Boodai in board of directors
Riyadh – Mubasher: Professional Medical Expertise Company (ProMedEx) has announced the appointment of Adel Abdulaziz Ahmed Boodai to its board of directors as an independent member, according to a bourse disclosure. The decision was reached …
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2 June 04:13 PM Al Razi Medical opens nominations for board membership
Riyadh – Mubasher: Al Razi Medical Company opened nominations for membership on the company's Board of Directors for the upcoming term, commencing on 9 September 2026  until 8 September 2030. The nomination for the four-year term will end on 1 …
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2 June 12:17 PM Seera gets CMA’s nod for supplementary circular on capital cut
Riyadh – Mubasher: Seera Group Holding affirmed that the planned capital reduction will have no impact on the shares’ market value and will not result in any adjustment to the company’s share price. Hence, trading suspension referred to in the …
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2 June 09:47 AM East Pipes Integrated reschedules payment for H2-25/26 cash dividends
Riyadh – Mubasher: East Pipes Integrated Company for Industry announced an amendment of the cash dividends distribution date for the second half (H2) of the fiscal year (FY) 2025/2026, due to the inability to complete the disbursement procedures …
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1 June 08:14 PM Knowledge Net reveals board decision for 2025 dividend payout
Riyadh – Mubasher: Knowledge Net Company has announced that its board of directors recommended to retain cash dividends for the fiscal year that ended on 31 December 2025, according to a bourse disclosure. The non-distribution recommendation was …
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1 June 04:24 PM Arabian Drilling invites shareholders for upcoming general assembly meeting
Riyadh – Mubasher: Arabian Drilling is inviting its shareholders to attend the online ordinary general assembly meeting (OGM), scheduled for 6:30 pm on Thursday, 4 June 2026, using Tadawulaty website. The electronic voting on the agenda items of …
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1 June 01:45 PM Ladun, Al Ayuni to develop Makkah project via private real estate fund
Riyadh - Mubasher: Ladun Investment Company, in partnership with Al Ayuni Investment and Contracting Company, has been awarded the Khalidiyah Informal Settlement Redevelopment Project in Makkah. The project was awarded by the Royal Commission for …
Saudi Top Trading Company
1 June 12:02 PM Saudi Top Trading sets EGM via remote participation
Riyadh - Mubasher: Saudi Top Trading Company issued an addendum to its earlier announcement regarding the board’s invitation to shareholders to attend the extraordinary general meeting (EGM), which is scheduled for 24 June 2026.  This addendum …
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1 June 08:52 AM Keir International announces Acting CEO
Riyadh – Mubasher: Keir International Company has named Yaman bin Mohammed bin Abdulhamid Aydin, as Acting CEO until a permanent CEO is appointed, according to a bourse statement. The board members approved the appointment on 25 May, while …
Saudi Aramco Base Oil Company (Luberef)
31 May 06:58 PM Luberef announces top leadership changes
Riyadh – Mubasher: Saudi Aramco Base Oil Company (Luberef) has announced the resignation of Ibrahim Q. Al Buainain from his position as the Chairman of the Board, upon a request submitted on 21 May 2026. Al Buainain served as a non-executive …
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31 May 06:42 PM AMAK concludes incorporation procedures for Advance Drilling
Riyadh – Mubasher: Almasane Alkobra Mining Company (AMAK) has completed all of the regulatory and administrative procedures required to establish its new subsidiary, Advance Drilling Company. The finalization of the subsidiary’s incorporation …
Al Rashid Industrial Company
27 May 02:06 PM Al Rashid Industrial to vote on 50% capital hike recommendation, GCC-based transaction
Riyadh – Mubasher: The board members of Al Rashid Industrial Company officially invited its shareholders to attend the extraordinary general meeting (EGM) on 17 June 2026 to vote on the primary agenda for the session that involves a capital …
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27 May 11:14 AM Fadeco boosts regional footprint by entering 2 markets
Riyadh – Mubasher: Arabian Food & Dairy Factories Company (Fadeco) announced the commencement of its product exports to Iraq and Djibouti, according to a bourse disclosure. This strategic move marks a significant step in the company’s regional …
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26 May 07:39 PM Edarat Group to consider 50% capital raise through free shares, dividends payout
Riyadh – Mubasher: Edarat Communication and Information Technology Company will hold a shareholders meeting on 14 June 2026 to vote on a board’s recommendation to increase the capital by 50% through the issuance of bonus shares. During the …
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26 May 01:51 PM Molan Steel secures loan from major shareholder
Riyadh – Mubasher: Molan Steel Company has entered into a formal financing agreement with its principal shareholder, Dar Al Takamul Holding Company, for an interest-free loan totaling SAR 15 million. The facility is strategically designed to …
Capital Market Authority (CMA)
24 May 07:53 PM AMAK submits formal application for rights issue
Riyadh – Mubasher: Almasane Alkobra Mining Company (AMAK) has officially submitted its application file to the Capital Market Authority (CMA) for a capital increase through a rights issue, according to a bourse filing. The proposed offering will …
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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 …
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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19 May 07:07 PM Ladun’s board approves nearly SAR 155m funding agreement with SAB
Riyadh – Mubasher: The board members of Ladun Investment Company have agreed to sign a Sharia-compliant credit facilities agreement with Saudi Awwal Bank (SAB) for a total amount of SAR 154.76 million, according to a bourse filing. Ladun …