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17 June 05:13 PM

Sector News

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3 hours ago Waja seeks 5% equity ownership in Owtad Al Fahad
Riyadh - Mubasher: Waja Company has signed a non-binding memorandum of understanding (MoU) to acquire a 5% equity stake in Owtad Al Fahad Company Limited, a Riyadh-based firm specializing in the construction and building sector. The agreement, …
Company News
Photo Archive
10:12 AM MESC’s board mulls SAR 24m cash dividends for H1-26
Riyadh – Mubasher: The board of Middle East Specialized Cables Company (MESC) has officially approved a cash dividend distribution to shareholders for the first half (H1) of 2026. The total payout is set at SAR 24 million, representing a …
Cash Dividends
Photo Archive
16 June 04:51 PM Keir International advances tech solutions in Saudi Arabia via new partnership
Riyadh – Mubasher: Keir International Company has signed an exclusive distribution agreement with Shenzhen Action Technologies Company, a partnership that grants the Saudi-based company the sole rights to market and distribute advanced …
Companies Investments
Photo Archive
16 June 03:27 PM Keir International pens SAR 12m facility deal with Al Rajhi Bank
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, …
Company News
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16 June 11:08 AM Anmat finalizes SAR 314.5m agreement with Saudi Energy
Riyadh - Mubasher: Anmaat Technology Company has finalized its SAR 314.50 million deal with Saudi Energy Company for the modernization and expansion of end-user computing hardware. The agreement, signed on 15 June, follows a previous project award …
Companies Investments
Photo Archive
16 June 07:47 AM Service Equipment awarded SAR 4m purchase order
Riyadh - Mubasher: Service Equipment Company received a purchase order from Green Drive Arabia Company for an amount of SAR 3.70 million on 15 June 2026, according to a bourse filing. The deal covers the supply of machinery and equipment to …
Companies Investments
Photo Archive
15 June 08:03 PM Anmat Technology announces passing of Al Bardweel
Riyadh – Mubasher: Anmat Technology Trading Company has announced that Omar Ali Al Bardweel, the Chairman of the company’s Audit Committee, passed away. According to a regulatory disclosure filed on the Tadawul platform, Al Bardweel died on 10 …
Company News
Photo Archive
15 June 03:58 PM Al Ashghal Al Moysra enters into logistics agreement with Saudi ETEC
Riyadh – Mubasher: Al Ashghal Al Moysra Company has officially entered into a contract with the Saudi Education and Training Evaluation Commission (ETEC) to provide comprehensive logistics, dismantling, and installation services. The agreement is …
Companies Investments
Photo Archive
14 June 09:57 PM Saudi Sadirat approves 2025 financial results, appoints external auditor
Riyadh – Mubasher: Saudi Industrial Export Company’s (Sadirat) shareholders reviewed the operational and financial performance for the 2025 fiscal year and approved the appointment of a new external auditor to oversee the company’s financial …
Corporate Actions
Photo Archive
11 June 07:45 PM Waja, National Development Fund pen agreement exceeding SAR 10.5m
Riyadh - Mubasher: Waja Company has signed a contract with the National Development Fund to develop and equip office spaces, meeting rooms, and a restaurant at the latter’s headquarters in King Abdullah Financial District (KAFD). Both entities …
Company News
Photo Archive
11 June 04:24 PM MESC approves interim dividend authorization, financial results
Riyadh – Mubasher: Middle East Specialized Cables Company (MESC) has announced the successful conclusion of its second Ordinary General Assembly meeting, where shareholders ratified several key financial and administrative resolutions. Held on 9 …
Board of Directors
Saudi Arabian Oil Company (Aramco)
10 June 06:09 PM GAS Arabian Services unveils additional details regarding contract with Aramco
Riyadh – Mubasher: GAS Arabian Services Company, a prominent provider of integrated solutions for the energy and petrochemical sectors in Saudi Arabia, has released a supplemental announcement through the Saudi Exchange (Tadawul). This addendum …
Company News
Capital Market Authority (CMA)
9 June 04:13 PM CMA imposes financial penalty on Keir International over violation
Riyadh – Mubasher: The Capital Market Authority (CMA) has announced a formal resolution to impose a fine of SAR 10,000 on Keir International Company. The penalty follows a determination by the regulator that the company failed to comply with …
Market News
Obeikan Glass
8 June 08:00 PM Obeikan Glass' shareholders greenlight 2026 dividend plan, auditor selection
Riyadh - Mubasher: The ordinary general meeting (OGM) of Obeikan Glass Company approved delegating the board members to distribute interim dividends on a biannual or quarterly basis for 2026. The shareholders, on 7 June, greenlighted the …
General Assembly
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7 June 03:29 PM MESC’s subsidiary awarded $46.6m project contract in UAE
Riyadh - Mubasher: MESC-Ras Al Khaimah, a unit of Middle East Specialized Cables Company (MESC), was awarded a project contract from Cunado Middle East for Pipes and Valves in the UAE. The total value of the project is estimated at nearly $46.60 …
Company News
Photo Archive
7 June 09:30 AM UFG announces new Chairman, Vice Chairman
Riyadh - Mubasher: Arabian United Float Glass Company (UFG) appointed Abdulaziz Sulaiman Mohammed Al Hadithi as the board’s Chairman for the next four years. Imran Abdulrahman Saad Al Rashid was also named the Vice Chairman, according to a bourse …
Management Decisions
Photo Archive
4 June 08:43 PM Atlas Elevators approves 10% dividends, appoints external auditor
Riyadh – Mubasher: Atlas Elevators General Trading and Contracting Company has announced the successful conclusion of its Ordinary General Assembly meeting, where shareholders approved a cash dividend distribution of SAR 1 per share for 2025. The …
Board of Directors
Photo Archive
3 June 05:18 PM GAS, Saudi Aramco pen 12-year agreement
Riyadh – Mubasher: Gas Arabian Services Company (GAS) and Saudi Arabian Oil Company (Saudi Aramco) inked a long-term agreement to provide in-plant services across various technical disciplines, including mechanical, piping, electrical, …
Company News
Photo Archive
2 June 11:54 AM Anmat Technology rolls out SAR 314.5m project award with Saudi Energy
Riyadh - Mubasher: Anmaat Technology Company announced a contract award with Saudi Energy Company for the End User Device Replacement and Expansion Project, according to a bourse disclosure. Valued at SAR 314.50 million, the project award further …
Companies Investments
Photo Archive
1 June 11:18 AM Service Equipment unveils additions ahead of general assembly
Riyadh - Mubasher: Service Equipment Company issued an addendum to its earlier announcement about inviting shareholders to attend the ordinary general assembly meeting, which is scheduled to be held on 24 June 2026.  The update includes the …
Management Decisions
Photo Archive
1 June 08:52 AM Keir International announces Acting CEO
Riyadh – Mubasher: Keir International Company has named Yaman bin Mohammed bin Abdulhamid Aydin, as Acting CEO until a permanent CEO is appointed, according to a bourse statement. The board members approved the appointment on 25 May, while …
Board of Directors
Al Ashghal Al Moysra Company
26 May 04:44 PM Al Ashghal Al Moysra enters into framework agreement with Saudi Post I SPL
Riyadh – Mubasher: Al Ashghal Al Moysra Company has been awarded a project from the Saudi Post, known as SPL Subul, for a framework agreement involving specialized logistics and asset management services, according to a bourse filing. The contract …
Companies Investments
Photo Archive
24 May 06:18 PM Al Babtain Power to voluntarily liquidate fully-owned subsidiary
Riyadh – Mubasher: The board members of Al Babtain Power and Telecommunication Company have decided to initiate the voluntary liquidation of a wholly owned subsidiary, during a meeting held on 20 May 2026. The move to voluntarily liquidate …
Management Decisions
United Mining Industries Company
24 May 11:22 AM United Mining Industries unveils update on potential acquisition by Knauf, delisting status
Riyadh – Mubasher: United Mining Industries Company has issued an addendum confirming that Knauf International GmbH has completed a private transaction involving the company’s shares. Following this development, Knauf is now considering a formal …
Mergers and Acquisitions
Riyadh Cables Group Company
20 May 07:21 PM Riyadh Cables unveils equity transfer by major shareholder
Riyadh – Mubasher: Riyadh Cables Group Company, a prominent manufacturer in the Saudi industrial sector, has officially announced a significant internal reorganization of its shareholding structure, according to a bourse disclosure. The company …
Companies Investments