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News

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1 hour ago 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 …
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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 …
Seera
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 …
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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 …
Cenomi Centers
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 …
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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 …
Marafiq
5 August 08:58 AM Marafiq’s profits shrink 64% in H1-26; revenues hit SAR 3.5bn
Riyadh – Mubasher: Power and Water Utility Company for Jubail and Yanbu (Marafiq) reported net losses valued at SAR 46.45 million for the second quarter (Q2) of 2026, compared to a net profit of SAR 109.60 million in Q2-25. The swing to a loss …
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5 August 08:20 AM AMAK extends market-making agreement with SNB Capital
Riyadh – Mubasher: The board of Almasane Alkobra Mining Company (AMAK) resolved on 30 July 2026 to extend the appointment of SNB Capital as a market maker for the company’s shares. The extension is set for a duration of one year and is intended to …
Westfield Jeddah
4 August 08:40 PM Cenomi Centers expects SAR 350m annual EBITDA from Westfield Jeddah
Riyadh - Mubasher: Arabian Centres Company (Cenomi Centers) has completed major construction and the transition to the operational phase for its Westfield Jeddah project. The company secured the occupancy certificate for the development on 30 July …
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4 August 07:34 AM Naqi Water reaches full production capacity at poultry project
Riyadh — Mubasher: Naqi Water Company has begun commercial production and sales for its new flock within its table-egg project. The company confirmed that the facility has reached 100% of its total production capacity, effectively doubling output …
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3 August 04:14 PM Sumou Real Estate eyes SAR 25m cash dividends for H1-26
Riyadh - Mubasher: The board of Sumou Real Estate Company has approved a cash dividend distribution of SAR 25 million for the first half (H1) of 2026. The payout, which was decided during a board meeting held on 30 July, targets 50 million …
First Mills
3 August 01:08 PM First Mills starts commercial operations at new Al Qassim facility
Riyadh — Mubasher: First Milling Company (First Mills) began the commercial operations at its new flour mill in the Al Qassim branch on 2 August 2026. The launch follows the company obtaining the final operating license from the General Food …
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2 August 05:43 PM Alujain Corporation’s net profits skyrocket 639% in Q2-26
Riyadh - Mubaher: The net profits of Alujain Corporation hiked by 639.10% year-on-year (YoY) to SAR 91.87 million for the second quarter (Q2) of 2026, compared to SAR 12.43 million in Q2-25. The petrochemical firm attributed the growth to a 71% …
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2 August 05:12 PM Sumou Real Estate posts SAR 67m net profits in H1-26; revenues jump 62.5%
Riyadh - Mubasher: Sumou Real Estate Company achieved 12.87% year-on-year (YoY) higher net profits at SAR 67.10 million in the first half (H1) of 2026, versus SAR 59.44 million during the same period in 2025. The company attributed the growth to …
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2 August 03:01 PM Rawasi Albina reschedules 2025 cash dividend distribution
Riyadh — Mubasher: Rawasi Albina Investment Company revised the payment schedule for 2025 cash dividends, shifting the disbursement date from 30 July 2026 to 20 August. The company confirmed that the eligibility date for shareholders remains …
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2 August 12:25 PM Luberef to pay SAR 673m cash dividends for H1-26
Riyadh – Mubasher: The board of Saudi Aramco Base Oil Company (Luberef) has approved a cash dividend distribution totaling SAR 673.06 million for the first half (H1) of 2026. The decision, reached during a board meeting on 30 July 2026, allocates …
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2 August 09:26 AM Luberef’s net profits leap 199.5% in Q2-26
Riyadh – Mubasher: Saudi Aramco Base Oil Company (Luberef) posted 199.39% higher net profits at SAR 734.10 million in the second quarter (Q2) of 2026, compared to SAR 245.20 million in Q2-25. The company attributed the growth primarily to higher …
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2 August 09:09 AM Al Babtain Food to sell 3% equity in Chocolate Lake
Riyadh – Mubasher: Abdulaziz & Mansour Ibrahim Albabtin Company (Al Babtain Food) has signed a binding sale and purchase agreement to sell its total 3% stake in Chocolate Lake for manufacturing chocolate and sweets. The stake, consisting of 1,800 …
Luberef
2 August 08:20 AM Luberef establishes ESG-focused board committee
Riyadh – Mubasher: Saudi Aramco Base Oil Company (Luberef) announced the formation of a specialized Sustainability, Health, Safety, and Environment Committee following a board of directors decision. The new committee is designed to strengthen …
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2 August 07:55 AM Keir International appoints financial advisor for capital reduction
Riyadh — Mubasher: Keir International Company has appointed Business Sustainability Financial Company (Istidama) as its financial advisor to oversee a planned reduction of the company’s capital. The appointment, effective 29 July 2026, follows a …
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30 July 04:23 PM Riyadh Cables to host H1-26 earnings conference in August
Riyadh — Mubasher: Riyadh Cables Group Company announced its intention to host an earnings conference call for investors and financial analysts on 4 August 2026. The meeting is scheduled to begin at 02:00 PM Saudi Arabian time to discuss the …
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30 July 01:42 PM Amlak International generates over SAR 41m net profit in H1-26
Riyadh — Mubasher: Amlak International Finance Company announced that its net profit reached SAR 41.34 million in the first half (H1) of 2026. The net income marked a 27.97% increase from SAR 32.31 million in H1-25, according to the financial …
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30 July 06:26 AM Edarat receives SAR 20m purchase order from MIS
Riyadh – Mubasher: Edarat Communication and Information Technology Company has received a purchase order valued at SAR 19.84 million from Al Moammar Information Systems Company (MIS). The contract, awarded on 29 July 2026, covers the provision of …
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30 July 05:53 AM SHL Finance’s net profits jump to SAR 35.5m in H1-26
Riyadh – Mubasher: SHL Finance Company reported a net profit of SAR 35.35 million for the first half (H1) of 2026, representing a 35.89% increase from the SAR 26.01 million recorded during H1-25. The company attributed the growth to improved …
Jamjoom Pharma
30 July 05:45 AM Jamjoom Pharma inks exclusive deal with Switzerland’s Idorsia
Riyadh - Mubasher: Jamjoom Pharmaceuticals Factory Company (Jamjoom Pharma) has signed an exclusive agreement with Idorsia Limited for the distribution and commercialization of QUVIVIQ™ (daridorexant) in Saudi Arabia and the Levant region, …