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The dividends amount to SAR 11.25 million
14 May 11:08 AM Al-Khaleej Training and Education to distribute dividends next week
Riyadh – Mubasher: Al Khaleej Training and Education Company will be distributing the cash dividends for the fiscal year (FY) 2019 to shareholders on Tuesday 19 May 2020. The dividends stand at a total amount of SAR 11.25 million at SAR 0.25 per …
Dividends will be distributed at SAR 1.1 per share
22 April 01:10 PM Herfy Food to distribute SAR 1.1/shr for H2-19
Riyadh – Mubasher: The ordinary general meeting (OGM) of Herfy Food Services Company has approved the board of directors’ recommendation to distribute SAR 71.148 million as cash dividends to shareholders for the second half (H2) of 2019. The …
The approved dividends stand at a total amount of SAR 50 million
13 April 12:35 PM Dur Hospitality to distribute SAR 0.5/shr dividends
Riyadh – Mubasher: Dur Hospitality Company’s shareholders have approved the board’s recommendation to distribute SAR 50 million in cash dividends for 2019. Dividends will be distributed at SAR 0.50 per share, representing 5% of the share’s par …
Net losses amounted to SAR 143 million in 2019
26 March 04:23 PM Alhokair Group losses down 88% in 2019
Riyadh – Mubasher: Abdulmohsen Alhokair Group for Tourism and Development Company reported an increase in net losses by 88% last year, as shown by the company’s annual financial results. Losses after zakat and tax amounted to SAR 143 million in …
The proposed dividends are valued at SAR 1.1/share
12 March 10:45 AM Herfy Food proposes SAR 71m dividends for H2-19
Riyadh – Mubasher: The board members of Herfy Food Services Co recommended a cash dividend of SAR 1.1 per share for the second half of fiscal year 2019. The proposed dividends are valued at SAR 71.15 million that will be distributed on 64.68 …
Seera Group reported net profits of SAR 189m in 2019
3 March 10:53 AM Seera Group turns profitable in 2019
Riyadh – Mubasher: Seera Group has reported a net profit of SAR 189 million in 2019, against net losses of SAR 142 million in 2018, according to the company’s annual financial statements for last year. The rise in net profits is attributed to a 2% …
Photo Archive
20 February 11:36 AM Herfy profits down 4% in 2019
Riyadh – Mubasher: Herfy Food Services Company reported a 3.96% decline in net profits for 2019, as shown by its annual financial results. Net profit after zakat and tax recorded SAR 196.1 million last year, compared with SAR 204.2 million in …
The total value of dividends amounted to SAR 50 million
19 February 11:05 AM Dur Hospitality proposes SAR 0.5/shr dividends for 2019
Riyadh – Mubasher: The board of directors of Dur Hospitality Company recommended a cash dividend distribution of SAR 0.5 per share or 5% of the share’s nominal value for 2019’s earnings. The total value of dividends amounted to SAR 50 million to …
Photo Archive
10 February 05:14 PM NCLE acquires Al Khawarzmi Education in SAR 30m deal
Riyadh – Mubasher: The National Company for Learning and Education (NCLE) has completed the acquisition of Al Khawarzmi Education Company. The deal follows on a purchase agreement to fully acquire the company’s share capital that was agreed last …
Sami Bin Abdul Mohsin Bin Abdulaziz Al Hokair has been temporarily assigned with the CEO duties
9 February 04:48 PM Alhokair Group CEO resigns
Riyadh – Mubasher: Abdulmohsen Alhokair Group for Tourism and Development Company announced on Sunday that its board of directors has approved the resignation of CEO Omar bin Sami Samara. The resignation was attributed to personal reasons, …
GAC consents to NCLE's deal with Al-Ghad National School
4 February 07:13 PM Saudi competition authority approves NCLE acquisition of 2 companies
Riyadh – Mubasher: Saudi Arabia’s General Authority for Competition (GAC) has announced that it approves economic concentration between National Company for Learning and Education (NCLE) and Al Khwarizmi Company for Education. GAC also consents to …
The signing ceremony
29 January 06:34 PM Amadeus and Seera renew partnership in tech innovation
Riyadh - Mubasher: Amadeus and Seera Group have strengthened their partnership to boost technology innovation and digital transformation in the tourism sector across the region. The two companies are working closely to strengthen the online …
Loss per share amounted to SAR 3.03 in 2019
26 January 04:33 PM Herfy Food sees lower annual profits at SAR 196m in 2019
Riyadh – Mubasher: Herfy Food Services Company on Sunday reported a net profit, after zakat and tax, worth SAR 196.08 million during the fiscal year ended 31 December 2019, down by 3.96% year-on-year (YoY) from SAR 204.16 million, the company’s …
A total SAR 40 million in cash dividends will be distributed to shareholders
21 January 11:14 AM Ataa shareholders approve SAR 1/shr dividends
Riyadh – Mubasher: The extraordinary general assembly meeting (EGM) of Ataa Educational Company has approved the distribution of SAR 40 million of cash dividends to shareholders for the fiscal year that ended on 31 July 2019. Dividends will be …
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13 January 04:51 PM Raydan signs $30,000 franchise deals
Riyadh – Mubasher: Raydan Food Company has signed two contracts to grant franchise licenses to use its brand through its exclusive commercial agent. The five-year agreement is valued at $30,000, the company disclosed to the Saudi Stock Exchange …
Delay of licencing deferred the project's operation
7 January 06:55 PM Saudi NCLE sets start-up date for school project in Dhahran
Riyadh – Mubasher: National Company for Learning and Education (NCLE) has announced that its Doha Hills Schools Project in Dhahran, Saudi Arabia, is expected to be operational as of the beginning of the academic year 2020/2021. The postponement of …
Profit went up to SAR 11.64 million in 3M
7 January 06:28 PM National Company for Learning’s profit rises 1.4% YoY in Q1-19/20
Riyadh – Mubasher: National Company for Learning and Education’s (NCLE) net profit after zakat and tax grew by 1.42% year-on-year during the first quarter of the fiscal year 2019/2020. The company’s profit went up to SAR 11.64 million in the …
The seven-year agreement has a total value of SAR 275 million
6 January 12:29 PM Ataa Educational agrees SAR275m deal with BSF
Riyadh – Mubasher: Ataa Educational Company has signed a sharia-compliant bank facility agreement with Banque Saudi Fransi (BSF) at a total value of SAR 275 million. The seven-year agreement was signed on Sunday, according to the company’s …
The dividends amount to a total of SAR 34 million
26 December 2019 10:46 AM NCLE approves SAR 0.8/shr dividends
Riyadh – Mubasher: The extraordinary general assembly meeting (EGM) of National Company for Learning and Education (NCLE) has approved distributing cash dividends to shareholders at 8% (SAR 0.8 per share). The dividends amount to a total of SAR 34 …
Rowad AlKhaleej International School
24 December 2019 04:44 PM Al Rajhi REIT acquires school in Dammam for SAR 245m
Riyadh – Mubasher: Al Rajhi REIT Fund has completed the acquisition of Rowad AlKhaleej International School in Dammam for SAR 244.5 million, Al Rajhi Capital announced on Tuesday. The deal is part of the approved process of increasing the total …
Saudi Stock Exchange
23 December 2019 05:32 PM Tadawul introduces 6 new stocks to TASI
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) announced the update of the free float shares for all companies, effective from the start of trading on Sunday, 29 December 2019. Moreover, six new companies will be included to the Tadawul All …
Net profits reached SAR 16.25 million in August-October
9 December 2019 11:19 AM Ataa Educational profits down 5%
Riyadh – Mubasher: Ataa Educational Company reported a 5% year-on-year (YoY) decline in profits during the three-month period ending 31 October 2019. Net profits after Zakat and tax amounted to SAR 16.25 million between August and October 2019, …
Cash dividends are worth a total of SAR 26.03 million
2 December 2019 01:34 PM Leejam to distribute dividends at SAR 0.497/shr
Riyadh – Mubasher: Leejam Sports Company announced the distribution of cash dividends to its shareholders for the third quarter (Q3) of the year at SAR 0.497 per share, equivalent to 4.97% of the share par value. The dividends, worth a total SAR …
Profits recorded SAR 2.46 million during the third quarter of 2019
2 December 2019 10:41 AM Development Works Food Q3 profits up 6.7%
Riyadh – Mubasher: The financial statements of Development Works Food (DWF) Company showed a 6.67% increase in profits during the third quarter (Q3) of the year to SAR 2.46 million, compared with SAR 2.3 million in Q3-18. The company attributed …
Kingdom Schools
1 December 2019 10:47 AM Kingdom subsidiary signs MoU with Ataa Educational
Riyadh – Mubasher: Kingdom Holding announced that its subsidiary, Kingdom Investment and Development Company, has signed a non-binding memorandum of understanding (MoU) with Ataa Educational Company. The deal will involve exchanging 92.1% of …