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02 May 11:37 AM

Sector News

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28 April 12:17 PM EIC generates SAR 191m profits in Q1-26 initial financials
Riyadh - Mubasher: Electrical Industries Company (EIC) logged net profits valued at SAR 190.77 million in the first quarter (Q1) of 2026, an annual leap of 54.55% from SAR 123.43 million. The earnings per share (EPS) jumped to SAR 0.17 in Q1-26 …
Company News
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28 April 09:12 AM Astra Industrial achieves higher profits at SAR 173m in Q1-26
Riyadh - Mubasher: Astra Industrial Group logged net profits attributable to the shareholders totaling SAR 173.13 million in the first quarter (Q1) of 2026, up 0.73% from SAR 171.87 million in Q1-25. Meanwhile, the revenues declined by 5.13% to …
Financial Results
Photo Archive
22 April 08:23 AM Atlas Elevators, Multi Business Group receive CMA’s approval for capital hike
Riyadh – Mubasher: The Capital Market Authority (CMA) approved the capital hike requests of Atlas Elevators General Trading and Contracting Company and Multi Business Group Company, according to bourse statements. Atlas Elevators intends to raise …
Company News
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14 April 09:36 AM MESC obtains SAR 100m facility from SAB
Riyadh - Mubasher: Middle East Specialized Cables Company (MESC) penned a Shariah-compliant loan valued at SAR 100 million with Saudi Awwal Bank (SAB). Both sides inked the deal on 13 April 2026, and it is valid until 10 March 2027, according to a …
Companies Investments
Photo Archive
9 April 11:22 AM Al Ashghal Al Moysra extends SAR 8m facility agreement with SNB
Riyadh - Mubasher: Al Ashghal Al Moysra Company renewed and increased a Sharia-compliant credit facility agreement worth SAR 8 million with Saudi National Bank (SNB). The three-year facility was obtained on 8 April 2026, according to a bourse …
Company News
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7 April 05:52 PM Riyadh Cables pens SAR 450m contract with Mohammed Al Ojaimi
Riyadh - Mubasher: Riyadh Cables Group Company inked a SAR 450 million contract with Mohammed Al Ojaimi Contracting Establishment on 6 April 2026. The 12-month agreement aims to supply cable products for power generation and transmission projects …
Company News
Photo Archive
7 April 11:55 AM Batic Investments, Tibbiyah announce new leaderships
Riyadh - Mubasher: Batic Investments and Logistics Company appointed Fares bin Mansour Al Rajhi as the board's Chairman and Turki bin Ahmed Al Obailan as Dupty Cahirman for the next four years. The new appointment will take effect on 3 April 2026 …
Company News
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6 April 11:29 AM MESC increases Alinma Bank’s financing agreement to SAR 250m
Riyadh - Mubasher: Middle East Specialized Cables Company (MESC) increased its facility deal with Alinma Bank to SAR 250 million from SAR 150 million. The financing agreement was guaranteed by promissory notes worth SAR 275 million, according to a …
Banking and Finance
Photo Archive
24 March 09:23 AM Anmat Technology awarded SAR 47m contract project from Saudi Energy
Riyadh - Mubasher: Anmaat Technology Company was awarded a framework purchase agreement with Saudi Energy Company at an approximate value of SAR 47 million on 16 March 2026. The deal covers the supply of specialized technical equipment and systems …
Companies Investments
Photo Archive
17 March 10:38 AM Batic Investments turns to profitability in 2025; accumulated losses unveiled
Riyadh - Mubasher: Batic Investments and Logistics Company achieved SAR 26.14 million in net profit attributable to shareholders during 2025, against net losses valued at SAR 57.45 million in 2024. The earnings per share (EPS) stood at SAR 0.04 as …
Financial Results
Riyadh Cables Group Company
16 March 01:33 AM Riyadh Cables’ revenue leaps 18.5% in 2025; board recommends H2 dividend payout
Riyadh – Mubasher: Riyadh Cables Group Company posted net profits worth SAR 1.08 billion in 2025, signaling a 32.29% annual growth from SAR 816.69 million in 2024. The earnings per share (EPS) rose to SAR 7.22 in 2025 from SAR 5.45 in 2024, …
Cash Dividends
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11 March 12:27 PM Astra Industrial eyes SAR 280m dividends for 2025
Riyadh - Mubasher: The board members of Astra Industrial Group proposed cash dividends worth SAR 280 million, equivalent to 35% of its SAR 800 million capital, for 2025. The Tadawul-listed company will disburse a dividend of SAR 3.50 per share for …
Board of Directors
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10 March 11:51 AM Al Babtain Power’s net profits hike 70.5% in 2025
Riyadh - Mubasher: Al Babtain Power and Telecommunication Company delivered SAR 453 million in net profit attributable to the owners during 2025, which signaled an annual surge of 70.49% from SAR 265.70 million. The earnings per share (EPS) …
Financial Results
Photo Archive
8 March 12:12 PM Astra Industrial’s net profits increase 13% in 2025
Riyadh - Mubasher: The net profits attributable to the shareholders of Astra Industrial Group reached SAR 666.81 million in 2025, up 13.14% year-on-year (YoY) from SAR 589.34 million. The earnings per share (EPS) climbed to SAR 8.34 as of 31 …
Financial Results
Electrical Industries Company (EIC)
3 March 01:31 AM EIC announces dividend payout for H2-25, additional disbursement of SAR 281m for full year
Riyadh – Mubasher: The board of Electrical Industries Company (EIC) decided to distribute cash dividends totaling SAR 140.62 million for the second half (H2) of 2025, as per the meeting held on 2 March 2026. The SAR 0.125 dividend payout for H2-25 …
General Assembly
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2 March 02:21 PM EIC posts nearly 57% higher profits in 2025
Riyadh - Mubasher: The net profits attributable to the shareholders of Electrical Industries Company (EIC) hit SAR 629.92 million in 2025, signaling a 56.80% year-on-year (YoY) surge from SAR 401.73 million. The earnings per share (EPS) rose to …
Financial Results
Photo Archive
2 March 01:43 PM Saudi Ceramics turns profitable in 2025; dividend for H2 proposed
Riyadh -Mubasher: Saudi Ceramic Company (Saudi Ceramics) swung to SAR 180.68 million in net profit attributable to the shareholders as of 31 December 2025, against net losses after tax of SAR 71.85 million in 2024. The earnings per share (EPS) …
Financial Results
Photo Archive
19 February 11:52 AM Shaker Group’s profits near SAR 82m in 2025
Riyadh - Mubasher: Al Hassan Ghazi Ibrahim Shaker Company (Shaker Group) posted 0.20% year-on-year (YoY) higher net profits at SAR 81.74 million in 2025, compared to SAR 81.58 million. The earnings per share (EPS) maintained its value at SAR 1.47 …
Financial Results
Photo Archive
25 January 05:37 PM Saudi Cable reschedules SAR 108m interest-free loan
Riyadh - Mubasher: Saudi Cable Company has rescheduled an interest-free loan of SAR 107.93 million provided by Ibrahim bin Mansour Al Rajhi. The rescheduling aims to ease near-term obligations, as the first repayment was originally due shortly …
Companies Investments
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25 January 09:17 AM Saudi MESC extends facility agreement with Emirates NBD
Riyadh - Mubasher: Middle East Specialized Cables Company (MESC) has renewed a Sharia-compliant banking facility deal with Emirates NBD Bank on 22 January 2026. Valued at SAR 150 million, the company will use the loan to finance its working …
Banking and Finance
Photo Archive
22 January 07:16 PM United Mining Industries’ shareholders to sell 504.5m stakes
Riyadh – Mubasher: Major shareholders of United Mining Industries Company plan to sell 8.85 million shares, equivalent to 63.20% of the capital, for SAR 504.48 million. The shareholders will sell their entire stakes in the Tadawul-listed company …
General Assembly
Photo Archive
7 January 04:25 PM GAS to develop SAR 1m construction unit
Riyadh - Mubasher: Gas Arabian Services Company (GAS) plans to establish a fully-owned limited liability subsidiary in the construction sector, with a share capital of SAR 1 million. The board members approved the process on 6 January 2026, …
Companies Investments
Photo Archive
5 January 06:00 PM MESC obtains SAR 150m facility from Alinma Bank
Riyadh - Mubasher: Middle East Specialized Cables Company (MESC) has renewed a Sharia-compliant banking facility agreement with Alinma Bank, according to a bourse filing. Following the renewal, the funding increased by SAR 50 million to a total of …
Banking and Finance
Photo Archive
5 January 05:12 PM Saudi Ceramics,Yanbu Cement report Aramco notice on fuel price adjustments
Riyadh - Mubasher: Saudi Arabian Oil Company (Aramco) has notified industrial companies, including Saudi Ceramic Company (Saudi Ceramics) and Yanbu Cement Company, of fuel price adjustments for operational and production use, effective 1 January …
Management Decisions
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30 December 2025 03:24 PM Mayar Holding’s units pen SAR 88m financing with SAB
Riyadh – Mubasher: Gulf Elevators & Escalators Company and Jedaya Investment Company, subsidiaries of Mayar Holding Company, have signed facility agreements with Saudi Awwal Bank (SAB) at a total amount of SAR 87.98 million. The units aim to …
Banking and Finance