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News

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% …

Financial Results

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 …

Real estate

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 …

Company News

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 …

Cash Dividends

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 …

Financial Results

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 …

Company News

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 …

Company News

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 …

Company News

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 …

Financial Results

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 …

Company News

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 …

Company News

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 …

Financial Results

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, …

Company News

30 July 05:37 AM Edarat logs 30% leap in H1-26 net profits

Riyadh – Mubasher: Edarat Communication and Information Technology Company logged net profits valued at SAR 19.79 million in the first half (H1) of 2026, an annual jump of 29.80% from SAR 15.24 million. The company achieved a net profit margin of …

Financial Results

29 July 04:16 PM Bawan Company generates 69% profit growth in Q2-26 financials despite H1 decline

Riyadh — Mubasher: Bawan Company achieved a net profit of SAR 53.94 million during the second quarter (Q2) of 2026. The net income represented a 68.94% surge compared to SAR 31.93 million in Q2-25, according to a bourse disclosure. The industrial …

Financial Results

29 July 03:48 PM AMAK posts 52.5% lower net profit in Q2-26 on temporary plant shutdown

Riyadh – Mubasher: Almasane Alkobra Mining Company (AMAK) registered a 52.55% year-on-year (YoY) decline in net profit during the second quarter (Q2) of 2026, with earnings falling to SAR 34.66 million from SAR 73.05 million in Q2-25. The mining …

Company News

29 July 12:29 PM First Mills announces dividends exceeding SAR 99m for H1-26

Riyadh — Mubasher: First Milling Company (First Mills) announced that its board of directors has approved the distribution of SAR 99.35 million in cash dividends to shareholders for the first half (H1) of the 2026 fiscal year. The payout, which …

Cash Dividends

29 July 11:48 AM Riyadh Cables announces 10% profit increase in H1-26

Riyadh — Mubasher: Riyadh Cables Group Company posted a net profit of SAR 588.79 million during the first half (H1) of 2026. The positive earnings marked a 9.96% rise from SAR 535.47 million in H1-25, according to the financial results. The …

Financial Results

29 July 10:44 AM First Mills registers over 11% profit growth in H1-26

Riyadh — Mubasher: First Milling Company (First Mills) posted net profits worth SAR 146.03 million in the first half (H1) of 2026, marking an 11.42% increase from SAR 131.07 million in H1-25. Half-year revenues totaled SAR 634 million, a 21.60% …

Company News

29 July 10:20 AM Tadawul lifts trading suspension on Amwaj International following recent disclosure

Riyadh — Mubasher: The Saudi Exchange (Tadawul) announced the lifting of the trading suspension on the shares of Amwaj International Company. Effective 29 July 2026, the decision follows the company’s disclosure of its delayed financial results, …

Trading Activities

28 July 05:51 PM East Pipes Integrated approves related-party transactions

Riyadh – Mubasher: East Pipes Integrated Company for Industry’s ordinary general meeting (EGM), held on 27 July 2026, approved a mandate authorizing the board of directors to distribute interim dividends on a quarterly or semi-annual basis for …

General Assembly

28 July 05:24 PM Amwaj International’s accumulated losses hit 46.69% of capital

Riyadh — Mubasher: Amwaj International Company announced that its accumulated losses have reached SAR 28.02 million as of 31 December 2025. The disclosed amount represents 46.69% of its SAR 60 million capital, according to a bourse filing. The …

Financial Results

28 July 04:30 PM ProMedEx renews, expands funding limit from SAB

Riyadh — Mubasher: Professional Medical Expertise Company (ProMedEx) announced the renewal and increase of its Sharia-compliant credit facility with Saudi Awwal Bank (SAB) on 27 July 2026, according to a bourse filing. The total limit of the …

Banking and Finance

28 July 02:32 PM Amwaj International incurs nearly SAR 88m net losses in 2025

Riyadh — Mubasher: Amwaj International Company reported a net loss of SAR 87.80 million for the fiscal year ended on 31 December 2025. The negative result marked a reversal from a net profit of SAR 6.36 million recorded during 2024, according to a …

Financial Results

27 July 07:46 PM Rawasi Albina shareholders to vote on SAR 5.5m dividends, board remuneration

Riyadh — Mubasher: Rawasi Albina Investment Company has invited its shareholders to an ordinary general meeting (OGM) scheduled for 17 August 2026. The equityholders will vote on a proposed cash dividend distribution of SAR 5.50 million for the …

Board of Directors