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News

30 October 10:18 AM Alujian Corporation’s net profits plunge 82.5% in 9M-25

Riyadh - Mubaher: The net profits of Alujain Corporation plummeted by 82.45% to SAR 11.59 million in the first nine months (9M) of 2025 from SAR 66.07 million in 9M-24. Earnings per share (EPS) hit SAR 0.17 as of 30 September 2025 when compared …

Financial Results

30 October 05:12 AM Amlak International’s net profits leap 82.5% in 9M-25

Riyadh – Mubasher: Amlak International Finance Company recorded 82.49% higher net profits at SAR 49.57 million in the first nine months (9M) of 2025, compared to SAR 27.16 million in 9M-24. Earnings per share (EPS) climbed to SAR 0.49 in the …

Financial Results

29 October 03:07 PM AMAK’s net profits leap 53% in 9M-25

Riyadh - Mubasher: Al Masane Al Kobra Mining Company (Amak) recorded an annual surge of 53.37% in net profits to SAR 209.65 million during the first nine months (9M) of 2025, compared with SAR 136.69 million. Earnings per share (EPS) climbed to …

Financial Results

29 October 01:13 PM Sumou Real Estate’s net profits surge 30.5% in 9M-25

Riyadh - Mubasher: Sumou Real Estate Company recorded 30.40% higher net profits valued at SAR 108.59 million in the first nine months (9M) of 2025, compared to SAR 83.27 million in 9M-25. Revenues rose by 11.52% year-on-year (YoY) to SAR 354.23 …

Financial Results

29 October 09:03 AM Riyadh Cables expands in Central Asia with 51% shareholding in Artikul Kabel

Riyadh - Mubasher: Riyadh Cables Company, a subsidiary of Riyadh Cables Group Company, signed a share purchase agreement to acquire a 51% stake in Uzbekistan-based Artikul Aziya Kabel LLC for SAR 147.69 million. The deal, signed on 27 October, is …

Companies Investments

29 October 06:42 AM Jamjoom Pharma, PIF-backed Lifera launch JV to strengthen Saudi biopharma manufacturing ecosystem

Riyadh - Mubasher: Jamjoom Pharmaceuticals Factory Company (Jamjoom Pharma) signed a non-binding term sheet with Pharmaceutical Investment Company (Lifera), a Public Investment Fund (PIF) entity, on 27 October. The term sheet aims to form a joint …

Companies Investments

28 October 11:02 AM First Mills posts 10% growth in 9M-25 net profits

Riyadh - Mubasher: First Milling Company (First Mills) registered an annual rise of 9.87% in net profits to SAR 202.72 million during the first nine months (9M) of 2025, compared to SAR 184.50 million. Revenues climbed by 3.54% to SAR 807.63 …

Financial Results

28 October 07:20 AM SHL Finance’s net profits leap 117.5% in H1-25

Riyadh - Mubasher: SHL Finance Company achieved 117.38% higher net profits valued at SAR 34.27 million in the first nine months (9M) of 2025, compared to SAR 15.76 million in 9M-24. Earnings per share (EPS) amounted to SAR 0.34 as of 30 September …

Financial Results

27 October 11:28 AM Dallah Healthcare, Maharah signs MoU for 41% equity in Care Shield

Riyadh - Mubasher: Dallah Healthcare Company has signed a non-binding memorandum of understanding (MoU) with Growth Avenue Investment Company, a wholly-owned subsidiary of Maharah Human Resources Company. The MoU aims to explore the potential …

Companies Investments

26 October 04:43 PM Luberef extends Yanbu facility land lease in SAR 116m deal

Riyadh - Mubasher: Saudi Aramco Base Oil Company (Luberef) has extended its land lease investment agreement for the Yanbu facility with the Royal Commission for Jubail & Yanbu for 20 years, renewable. The SAR 116.12 million agreement covers …

Companies Investments

26 October 07:55 AM Saudi Tadawul Group posts 41% lower profits in 9M-25

Riyadh – Mubasher: Saudi Tadawul Group Holding Company achieved net profits valued at SAR 299.40 million in the first nine months (9M) of 2025, an annual drop of 40.79% from SAR 505.70 million. Revenues declined by 12.29% year-on-year (YoY) to SAR …

Financial Results

23 October 12:09 PM Jamjoom Pharma’s net profits near SAR 396m in 9M-25

Riyadh – Mubasher: The net profits after tax of Jamjoom Pharmaceuticals Factory Company (Jamjoom Pharma) reached SAR 395.73 million in the first nine months (9M) of 2025, an annual rise of 29.78% from SAR 304.92 million. The group recorded 12.96% …

Financial Results

22 October 10:48 AM Sumou Real Estate inks SAR 135m infrastructure agreement

Riyadh - Mubasher: Sumou Real Estate Company signed an infrastructure contract with Diyar Real Estate Development Fund Company, representing a real estate fund managed by Sedco Capital, on 19 October. The agreement aims to develop and execute …

Companies Investments

15 October 02:57 PM Saudi Networkers Services names new Chairman, Vice Chairman

Riyadh - Mubasher: The board of Saudi Networkers Services Company elected new board leadership, ending on 13 October 2029, following the general assembly’s meeting. Abdulmohsen Ibrahim Abdulaziz AlTouq was appointed Chairman for a four-year term, …

Corporate Actions

15 October 07:30 AM Balady Poultry inks 2 lease deals to support SAR 1.1bn investment strategy

Riyadh – Mubasher: Balady Poultry Company has signed two land lease agreements with the Ministry of Environment, Water and Agriculture for 19 years, renewable for similar periods. The two land plots span 27.70 million meters and 23 million meters …

Companies Investments

14 October 08:47 AM Mawarid Manpower announces new key appointments

Riyadh – Mubasher: Mawarid Manpower Company appointed new Chairman and Vice Chairman for a new term that commenced on 11 October 2025 and ending on 10 October 2028. Ahmed Mohammed Al Rukban was announced as a new Chairman, while Abdullah Ibrahim …

Board of Directors

8 October 08:27 AM CMA approves capital increase for Munawla Cargo, Tadweer

Riyadh - Mubasher: The Capital Market Authority (CMA) approved Munawla Cargo Company’s plan to raise its capital to SAR 30 million from SAR 20 million by issuing one bonus share for every two shares owned. The increase, funded by transferring SAR …

Companies Investments

5 October 07:32 AM Salama Cooperative, Bawan announce new leadership appointments

Riyadh - Mubasher: Salama Cooperative Insurance Company appointed Montaser Mohammed Foudah as the board’s Chairman for four years. Fahad Talal Kurdi was named as the Vice Chairman until 10 September 2029, according to a bourse filing. Meanwhile, …

Companies Investments

5 October 07:18 AM Jamjoom Pharma launches new brand identity to accelerate regional growth

Riyadh – Mubasher: Jamjoom Pharmaceuticals Factory Company (Jamjoom Pharma) rolled out its new corporate brand identity, marking the next phase of its strategic evolution towards being a leading global player in the pharmaceutical industry. The …

Companies Investments

28 September 07:18 PM Ooredoo promotes cybersecurity services in MENA to boost global footprint

Mubasher: National Mobile Telecommunications Company (Ooredoo), in partnership with Innovatix Systems, has launched advanced cybersecurity services to protect customers’ digital assets and ensure uninterrupted digital experiences. Live in Qatar, …

Companies Investments

28 September 05:49 PM Saudi Networker Services eyes moving shares to TASI

Riyadh - Mubasher: The board of Saudi Networkers Services Company (NSN) has approved transferring its shares from the Parallel Market (Nomu) of the Saudi Exchange to the Main Market (TASI) on 25 September 2025. The move is subject to the Capital …

Board of Directors

25 September 07:22 PM Tam Development inks SAR 38m contract with Saudi gov’t

Riyadh - Mubasher: Tam Development Company signed a SAR 37.99 million contract with a government entity, on 22 September, to provide digital and operational solutions. The 24-month deal is expected to impact the company’s financial results …

Companies Investments

24 September 07:40 AM Academy of Learning’s board proposes 50% capital hike, dividends for FY24/25

Riyadh - Mubasher: The board of Academy of Learning Company has recommended a 50% capital increase to SAR 135 million from SAR 90 million through the issuance of bonus shares. The proposed increase will be implemented by capitalizing SAR 45 …

Corporate Actions

23 September 01:54 PM Sumou Real Estate inks development agreement for Anara project

Riyadh - Mubasher: Sumou Real Estate Company has inked a development management agreement with Maali AlJazira Real Estate Company, representing AlJazira Sumou Real Estate Fund. The two entities penned the deal for the Anara project in Riyadh, …

Companies Investments

23 September 09:25 AM Alujain Corporation to pay SAR 52m dividends for Q3-25

Riyadh - Mubasher: The board members of Alujain Corporation approved the distribution of SAR 51.90 million as interim cash dividends, equivalent to 7.50% of the company’s SAR 692 million capital, for the third quarter (Q3) of 2025. The …

Board of Directors