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Default Company (MAZAYA)

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News

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10 August 2025 05:54 PM Cenomi Centers logs higher profits in H1-25 as demand for retail space remains strong
Riyadh - Mubasher: The net profits of Arabian Centres Company (Cenomi Centers) hiked by 29.24% to SAR 697.30 million in the first half (H1) of 2025 from SAR 539.50 million in H1-24. Cenomi Centers generated revenues hit SAR 1.173 billion as of 30 …
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7 August 2025 00:11 PM Seera delivers solid financial performance in H1-25; net profits reach SAR 72m
Riyadh – Mubasher: The net profits of Seera Group Holding plunged by 45.03% year-on-year (YoY) to SAR 72 million in the first half (H1) of 2025 from SAR 131 million, according to the financial results. Revenues jumped by 9.78% to SAR 2.31 billion …
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7 August 2025 09:48 AM Riyadh Cables registers SAR 5.2bn sales in H1-25; profits surge 63%
Riyadh – Mubasher: Riyadh Cables Group Company achieved a net profit worth SAR 535.61 million in the first half (H1) of 2025, higher by 63.10% than SAR 328.37 million. The group’s revenues amounted to SAR 5.20 billion as of 30 June 2025, an annual …
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6 August 2025 04:08 PM Sumou Real Estate witnesses SAR 59.5m net profits in H1-25; dividends announced
Riyadh - Mubasher: Sumou Real Estate Company posted 11.10% higher net profits at SAR 59.44 million in the first half (H1) of 2025, compared to SAR 53.50 million in H1-24. Revenues reached SAR 205.66 million in H1-25, an annual decline of 1.26% …
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6 August 2025 08:22 AM Luberef’s profits down 13% in H1-25; dividends unveiled
Riyadh - Mubasher: Saudi Aramco Base Oil Company (Luberef) achieved 13.22% lower net profits at SAR 466.70 million in the first half (H1) of 2025, compared to SAR 537.85 million. Revenues amounted to SAR 4.37 billion as of 30 June 2025, down …
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30 July 2025 02:14 PM SHL Finance’s profits exceed SAR 26m in H1-25
Riyadh – Mubasher: SHL Finance Company generated SAR 26.01 million in net profit during the first half (H1) of 2025, marking a 144.19% year-on-year (YoY) leap from SAR 10.65 million. The assets increased by 4.61% to SAR 4.65 billion in H1-25 from …
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29 July 2025 01:19 PM Arabian Drilling fuels global expansion with 1st international offshore deal, UAE branch
Riyadh – Mubasher: Arabian Drilling has signed an agreement with a GCC-based company, marking its first offshore operation outside Saudi Arabia, according to a press release. The Saudi firm aims to expand its operations beyond its domestic market …
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27 July 2025 00:13 PM Saudi Tadawul Group records SAR 217m profits in H1-25
Riyadh – Mubasher: Saudi Tadawul Group Holding Company posted 40.66% year-on-year (YoY) lower net profits at SAR 216.80 million in the first half (H1) of 2025, compared to SAR 365.40 million. The revenues reached SAR 647.10 million at the end of …
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7 July 2025 05:36 PM Ladun’s subsidiary pens SAR 90.5m deal for Abha Walk project
Riyadh – Mubasher: Built Industrial Company, a unit of Ladun Investment Company, inked a SAR 90.46 million contract with Arab Markets Company to develop the Abha Walk project. The mixed-use building project is located on King Fahd Road in the city …
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2 July 2025 01:11 PM Arabian Drilling unveils 4-rig contract extensions with Aramco for SAR 1.3bn
Riyadh – Mubasher: Arabian Drilling secured contract extensions for four of its rigs with Saudi Aramco, with a combined backlog value of SAR 1.37 billion and durations ranging between one to 10 years. This milestone boosts the company's current …
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1 July 2025 05:15 PM Jamjoom Pharma appoints new Chairman, Vice Chairman
Riyadh – Mubasher: Jamjoom Pharmaceuticals Factory Company (Jamjoom Pharma) has named Mahmoud Yousuf Jamjoom as the board’s Chairman for the next three years. The board also announced Ahmed Yousuf Jamjoom as the Vice Chairman, according to a …
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30 June 2025 04:36 PM Zain KSA, Horizon Food name new CEOs
Riyadh - Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) appointed Saad bin Abdulrahman Al Sadhan as its CEO as of 1 July 2025, according to a bourse filing. The appointment follows a board resolution issued on 29 June, which …
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24 June 2025 09:40 AM Asas Makeen, Kuwait’s Securities House to boost Saudi Arabia’s real estate sector
Riyadh - Mubasher: Asas Makeen Real Estate Development and Investment Company signed a memorandum of understanding (MoU) with The Securities House, a Kuwaiti public joint stock company listed on Boursa Kuwait. The MoU, signed on 22 June 2025, …
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22 June 2025 04:33 PM Al Hammadi Holding, Cenomi Centers unveil new board leadership
Riyadh - Mubasher: Al Hammadi Holding and Arabian Centres Company (Cenomi Centers) have appointed new board leadership, according to two separate disclosures. Al Hammadi Holding named Abdulaziz bin Mohammed Al Hammadi as the Chairman and Mohammed …
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22 June 2025 00:49 PM First Milling inks SAR 69.5m financing deal with SIDF
Riyadh - Mubasher: First Mills Company has signed a SAR 69.40 million financing facility agreement with the Saudi Industrial Development Fund (SIDF), according to a bourse filing. The funding aims to support the company's capital expenditure for …
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19 June 2025 01:03 PM Seera’s board proposes capital cut to SAR 2.7bn
Riyadh - Mubasher: The board of directors of Seera Group Holding has recommended an 8.65% capital cut to SAR 2.74 billion from SAR 3 billion, according to a bourse disclosure. The capital reduction will be executed through the cancellation of …
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18 June 2025 05:43 PM Quara Finance obtains SAR 100m Sharia-compliant facility from SHL Finance
Riyah - Mubasher: Quara Finance Company has signed Sharia-compliant credit facilities with SHL Finance Company, valued at SAR 100 million, according to a bourse filing. The three-year facility, secured on 17 June 2025, is aimed at supporting the …
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16 June 2025 01:43 PM ProMedEx inks joint deal with Zhende Medical to expand in GCC
Riyadh - Mubasher: Professional Medical Expertise Company (ProMedEx) signed a non-binding memorandum of understanding (MoU) with Zhende Medical Company Limited and MedSurg FZ-LLC to establish a joint factory in Saudi Arabia. The joint venture (JV) …
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15 June 2025 03:37 PM East Pipes Integrated’s CEO Al Shaheen resigns
Riyadh – Mubasher: Mohammed bin Abdulaziz Al Shaheen resigned from his position as the CEO of East Pipes Integrated Company for Industry due to personal reasons. The board members accepted Al Shaheen’s resignation on 12 June, yet it will become …
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11 June 2025 02:21 PM Knowledge Net’s board recommends 50% capital raise
Riyadh – Mubasher: Knowledge Net Company announced the board’s recommendation for a 50% capital hike to SAR 52.50 million from SAR 35 million. The Saudi firm will grant one bonus share for each two owned shares, according to a bourse disclosure. …
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11 June 2025 01:12 PM Cenomi Centers unveils EGP 100m sale deal
Riyadh - Mubasher: Arabian Centres Company (Cenomi Centers) sold a land plot in Al Kharj located on Riyadh-Al Kharj Road, with a total area of 425,390 square meters, for SAR 100 million. The sale deal aligns with the company’s program to sell an …
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4 June 2025 04:42 PM Sumou Real Estate pens SAR 562.5m deal for Sedco Capital’s project
Riyadh – Mubasher: Sumou Real Estate Company inked a SAR 562.47 million contract with Sedco Capital Sumou Al Muqarr Fund, represented by Jawharat Al Ghura Real Estate Development Company The company will implement the infrastructure and …
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4 June 2025 02:51 PM Tassnief assigns ‘A-‘ national scale entity ratings to Cenomi Centers
Riyadh - Mubasher: SIMAH Rating Agency (Tassnief) has assigned a long-term national scale entity rating of (A-) and a short-term entity rating of ‘T-3’ to Arabian Centres Company (Cenomi Centers). The assigned ratings reflect low credit risk, …
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28 May 2025 00:53 PM Bahri, Saudi Lime obtain regulatory nod for capital hike
Riyadh – Mubasher: The Capital Market Authority (CMA) passed the capital hike requests of National Shipping Company of Saudi Arabia (Bahri) and Saudi Lime Industries Company on 27 May, according to bourse statements. Bahri will increase its …
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28 May 2025 08:10 AM GFH, Kuwait-based real estate firm Al Tijaria to foster GCC logistics sector
Mubasher: GFH Capital, a Saudi subsidiary of GFH Financial Group, partnered with Kuwait-based real estate firm The Commercial Real Estate Company (Al Tijaria) to expand business in the warehousing and logistics sector across Saudi Arabia and the …