Riyadh – Mubasher: Knowledge Economic City, a major real estate development entity, has finalized a Sharia-compliant financing agreement with Riyad Bank for a total of SAR 150 million, according to a bourse filing. This facility is specifically …
Riyadh – Mubasher: Arabian Shield Cooperative Insurance Company approved the financial statements for the fiscal year ended on 31 December 2025 and authorized a series of high-value related party transactions involving major Saudi corporations and …
Riyadh – Mubasher: Bank Aljazira has officially launched the offering of its US dollar-denominated additional tier 1 (AT1), marking a significant step in the bank’s international capital-raising strategy. The issuance, conducted through a special …
Riyadh – Mubasher: Keir International Company has renewed an amended Shariah-compliant banking facilities agreement valued at SAR 11.92 million with Al Rajhi Bank. The one-year financing aims to facilitate the renewal of performance bonds, …
Riyadh – Mubasher: Bank Aljazira intends to issue US dollar-denominated additional tier 1 (AT1) capital certificate issuance under its program established on 4 September 2025, according to a bourse disclosure. The lender has mandated regional and …
Riyadh – Mubasher: Alinma Bank intends to exercise the early redemption option for its SAR 5 billion Additional Tier 1 (AT1) Capital Sukuk, according to a bourse disclosure. The bank confirmed that the redemption will cover the entire issuance at …
Riyadh - Mubasher: BinDawood Holding Company penned a Sharia-compliant Murabaha financing from Arab National Bank (ANB) and Emirates NBD Bank to fund the acquisition of 51% of the shares of Vaza Food Company. The company obtained SAR 217.80 …
Riyadh – Mubasher: The Capital Market Authority (CMA) of Saudi Arabia has officially announced the approval of Riyad Bank’s application for the registration and public offering of a debt instruments program, according to a bourse filing. The …
Riyadh – Mubasher: Saudi Advanced Industries Company (SAIC) renewed its Sharia-compliant credit facilities valued at SAR 100 million with Alinma Bank, according to a bourse disclosure. SAIC obtained the funding on 15 June 2026 to support its …
Riyadh – Mubasher: The board of Arabian Mills for Food Products Company approved a voluntary prepayment of SAR 50 million toward the existing Murabaha agreement with the Saudi Awwal Bank (SAB). This payment will contribute to reducing financing …
Riyadh – Mubasher: Sinad Holding Company has announced the formal signing of a long-term Sharia-compliant banking facilities agreement with Alinma Bank, according to a bourse filing. The credit facility is valued at SAR 300 million and is …
Riyadh – Mubasher: Saudi Pharmaceutical Industries and Medical Appliances Corporation (SPIMACO) penned an agreement to renew and increase Sharia-compliant credit facilities with the Saudi National Bank (SNB) on 11 June 2026. The short-term …
Riyadh – Mubasher: Alinma Bank has announced the successful completion of its share buyback process, acquiring 5 million of its own ordinary shares. The transaction will be allocated toward the bank’s Employee Stock Incentive Program (ESIP), …
Riyadh - Mubasher: Hedab Alkhaleej Trading Company penned an agreement to renew Sharia-compliant banking facilities with Al Rajhi Bank at a total amount of SAR 50 million. The financing deal, signed on 11 June 2026, is valid until 30 November this …
Riyadh – Mubasher: Umm Al Qura for Development and Construction Company, trading as MASAR on the Saudi Exchange, has convened its 15th Extraordinary General Assembly during which shareholders approved the fiscal reports for 2025. The shareholders …
Riyadh – Mubasher: The National Shipping Company of Saudi Arabia, known as Bahri, held its Ordinary General Assembly meeting on 10 June 2026, where shareholders approved a substantial cash dividend for 2025 and ratified several high-value …
Riyadh – Mubasher: The Mediterranean and Gulf Insurance and Reinsurance Company (MedGulf) will hold an Extraordinary General Assembly Meeting on 29 June 2026, which will focus on a strategic proposal to offset accumulated losses using the …
Riyadh – Mubasher: The Saudi banking app industry is expected to grow at an average rate of 4.88% annually, reaching SAR 121.71 billion by 2030, according to a press release. This shows the increasing adoption of digital banking services across …
Riyadh – Mubasher: Saudi Awwal Bank (SAB) has completed the buyback of 5.74 million shares for the employee stock incentive program (ESIP) after receiving the extraordinary general meeting’s (EGM) approval on 21 April. The value of the purchased …
Riyadh – Mubasher: Bank Aljazira plans to fully redeem its $500 million Tier 1 sukuk at nominal value, representing 100% of the issue price, on 29 June, according to a bourse disclosure. In accordance with the Sukuk's terms and conditions, the …
Riyadh - Mubasher: Al Kuzama Trading Company has obtained a SAR 35 million Shariah-compliant credit facility from Al Rajhi Bank, according to a bourse filing. The deal aims to finance the acquisition of a 25% stake in Unique Food Catering Company …
Riyadh – Mubasher: The Saudi Investment Bank (SAIB) announced the ordinary general meeting’s (OGM) approval to disburse cash dividends amounting to SAR 374.50 million for the second half (H2) of 2025. The lender will pay out a dividend of SAR 0.30 …
Riyadh - Mubasher: Qimam Noshoz for realestate Development Company, a subsidiary of Banan Real Estate Company, inked a credit facility agreement worth SAR 84 million with Riyad Bank on 1 June 2026. The facility includes SAR 49 million loan for …
Riyadh - Mubasher: The Capital Market Authority (CMA) has approved the public offering of the Al Rajhi GCC Equity Income Fund, which will be managed and offered by Al Rajhi Capital, a subsidiary of Al Rajhi Bank. The approval allows the fund to be …
Riyadh – Mubasher: Armah Sports Company, a leading entity in the Saudi Arabian fitness and wellness sector, has obtained a Sharia-compliant Murabaha financing facility from the Saudi National Bank (SNB), according to a bourse disclosure. The …
