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News

8 July 08:43 PM Keir International discloses legal claims following annual financials

Riyadh – Mubasher: Keir International Company unveiled an update regarding material legal liabilities disclosed in its annual financial statements for the fiscal year ended on 31 December 2025. The company confirmed that the total value of …

Corporate Actions

8 July 08:13 PM Keir International’s board proposes capital restructuring on accumulated losses update

Riyadh – Mubasher: Keir International Company disclosed that its board of directors recommended a comprehensive strategic plan to address accumulated losses, which reached SAR 148.43 million as of 31 December 2025. The mentioned amount represents …

Board of Directors

8 July 07:54 PM Al Rashid Industrial announces Al Humaid as Chairman, committees’ formation

Riyadh – Mubasher: Al Rashid Industrial Company has appointed its board leadership and formed specialized committees for a new three-year session that commenced on 2 July 2026. The board of directors named Fahad Abdulaziz Al Rashid Al Humaid as …

Board of Directors

8 July 06:59 PM Tam Development enters into SAR 70m agreement with engineers council

Riyadh – Mubasher: Tam Development Company signed a framework agreement with the Saudi Council of Engineers for an estimated value of SAR 70 million. The contract was finalized on 2 July 2026 and focuses on the provision of specialized services …

Companies Investments

8 July 05:37 PM Knowledge Tower unveils nomination period details for upcoming board term

Riyadh – Mubasher: Knowledge Tower Trading Company announced the opening of the nomination period for its board of directors for the upcoming four-year term until 29 September 2030, according to a bourse disclosure. The company is seeking to elect …

Company News

8 July 05:34 PM Waja discloses changes in Audit Committee

Riyadh – Mubasher: Waja Company’s board of directors accepted the resignation of audit committee member Abdullah Mohammed Al Sharif to be effective 2 July 2026, according to a bourse filing. Al Sharif, who served as an external member of the …

Management Decisions

8 July 09:29 AM Fitch revises Cenomi Centers outlook to stable

Riyadh - Mubasher: Arabian Centres Company (Cenomi Centers) announced that Fitch Ratings has revised its credit outlook to stable from negative. The agency simultaneously affirmed the company’s long-term credit rating at "BB." The rating agency’s …

Ratings

7 July 09:39 PM Keir International shareholders agree to investment contracts, other agenda items

Riyadh – Mubasher: Keir International Company announced the results of its Ordinary General Assembly meeting (OGM) where shareholders approved the appointment of PKF as the company’s auditor. The external auditor will review financial statements …

Management Decisions

7 July 08:42 PM 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

7 July 07:11 PM 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 …

Company News

7 July 06:56 PM 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 …

General Assembly

7 July 04:27 PM 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 …

Company News

7 July 11:51 AM Amlak International hits all-time low in intraday trading

Riyadh - Mubasher: Amlak International Finance Company is trading at an all-time low of SAR 8.74, down 0.57% so far during Tuesday’s session, according to a bourse filing. The financial services firm is seeing sustained downward pressure, with the …

Trading Activities

6 July 11:39 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 …

Company News

6 July 11:12 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 …

Banking and Finance

6 July 10:59 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 10:33 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 …

Corporate Actions

6 July 10:00 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 …

Management Decisions

6 July 02:29 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 10:31 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 …

Company News

5 July 11:45 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 …

Banking and Finance

5 July 11:37 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 …

Corporate Actions

5 July 10:55 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 …

Board of Directors

5 July 09:40 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 …

Corporate Actions

5 July 09:10 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 …

Companies Investments