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News

13 August 03:56 PM Waja shareholders approve board expansion, bylaw amendments

Riyadh — Mubasher: Waja Company announced that its shareholders approved a significant restructuring of the company’s internal bylaws during an Extraordinary General Assembly meeting (EGM) held on 6 August 2026, according to a bourse filing. The …

Corporate Actions

13 August 02:36 PM TADCO divests stake in Horizon Food for SAR 10.5m

Riyadh — Mubasher: Tabuk Agricultural Development Company (TADCO) has sold a portion of its investment in Horizon Food Company through two separate transactions totaling SAR 10.50 million. The divestment is intended to enhance TADCO's cash …

Companies Investments

13 August 11:02 AM Arabian Drilling projects to reach full offshore fleet utilization by end of Q3-26

Riyadh — Mubasher: Arabian Drilling announced that it has received notification to resume operations for all remaining offshore drilling rigs that were previously suspended. The company, which is the largest drilling contractor in Saudi Arabia by …

Companies Investments

13 August 10:55 AM Saudi CMA approves Cenomi Centers’ capital increase to over SAR 5.1bn via bonus shares

Riyadh — Mubasher: The Capital Market Authority (CMA) has approved a request from Arabian Centres Company (Cenomi Centers) to increase its capital from SAR 4.75 billion to SAR 5.18 billion through the issuance of bonus shares. The capital hike …

Corporate Actions

13 August 10:53 AM Tadawul ratifies Ladun Investment’s market transfer

Riyadh — Mubasher: The Saudi Exchange (Tadawul) announced its approval for Ladun Investment Company to transfer its listing from the Nomu-Parallel Market to the Main Market. The company currently operates with a capital of SAR 500 million …

Trading Activities

12 August 06:37 PM Balady Poultry records roughly 8.5% increase in H1-26 profit

Riyadh — Mubasher: Balady Poultry Company announced its preliminary financial results for the six-month period ended on 30 June 2026, posting a net profit of SAR 19.60 million. The positive result represents an 8.49% increase compared to the SAR …

Company News

12 August 03:56 PM Alsaif Gallery launches new branch in Riyadh

Riyadh – Mubasher: Alsaif Stores for Development and Investment Company (Alsaif Gallery) has opened its latest branch in the Al Nadwa district of Riyadh. The new showroom covers an area of 944 square meters and represents a key step in the …

Companies Investments

12 August 01:56 PM AMAK appoints new independent director

Riyadh – Mubasher: Almasane Alkobra Mining Company (AMAK) announced  the resignation of non-executive member Majed Ali bin Muslim, effective 10 August 2026. The company stated the resignation was submitted to enhance corporate governance practices …

Company News

12 August 01:37 PM AMAK names Managing Director following CEO departure

Riyadh – Mubasher: The board of Almasane Alkobra Mining Company (AMAK) approved the consensual termination of the contractual relationship with CEO Geoffrey Macdonald Day. The decision, reached during a board meeting held on 10 August 2026, will …

Corporate Actions

12 August 01:14 PM Bena Steel Industries opens nominations for new board term

Riyadh — Mubasher: Bena Steel Industries Company announced the opening of nominations for its board of directors for the upcoming four-year term, according to a bourse filing. The company is seeking candidates for four board seats to serve during …

Board of Directors

12 August 01:08 PM Ladun Investment turns to net losses in H1-26

Riyadh — Mubasher: Ladun Investment Company reported a net loss of SAR 73.91 million during the first half (H1) of 2026, shifting from a net profit of SAR 21.32 million in H1-25. The company’s revenue for the half-year period fell by 50.97% to SAR …

Company News

11 August 06:30 PM 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 …

Company News

11 August 06:09 PM 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 …

General Assembly

11 August 02:55 PM 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 …

Companies Investments

11 August 02:34 PM 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, …

Central Banks

11 August 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 …

Company News

11 August 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 …

Companies Investments

11 August 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 …

Company News

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) …

Company News

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 …

Financial Results

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 …

Company News

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 …

Company News

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 …

Financial Results

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 …

Company News

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 …

Board of Directors