Riyadh – Mubasher: Arabian Pipes Company has announced the formal signing of a contract with the state energy producer Saudi Arabian Oil Company (Aramco) at a value of approximately SAR 48 million, according to a bourse disclosure. The contract …
Riyadh – Mubasher: The Saudi listed companies recorded a 21.9% annual growth in earnings during the first quarter (Q1) of 2026 when compared to Q1-25, on the back of higher net profit in the energy sector. Earnings of the entities listed on the …
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) collaborated with Pasqal, a global leader in neutral-atom quantum computing, for the inauguration of the first quantum computer in Saudi Arabia. Aramco and Pasqal also unveiled the first …
Riyadh - Mubasher: ADES Holding Company has secured a new contract for its Main Pass IV standard jack-up rig in Nigeria, estimated at SAR 180.70 million ($48.20 million). The contract has a one-year firm term, with an additional one-year unpriced …
Riyadh - Mubasher: ADES Holding Company has extended its contract for the Shelf Drilling Winner with Tenaz Energy Netherlands B.V. for operations in the Dutch sector of the North Sea, according to a press release. The deal, which commenced in …
Riyadh - Mubasher: ADES Holding Company registered net profits attributable to the shareholders totaling SAR 236.44 million in the first quarter (Q1) of 2026, an annual rise of 21.78% from SAR 194.15 million. The revenues climbed by 62.61% to SAR …
Riyadh – Mubasher: The net profits attributable to the shareholders of Arabian Drilling fell by 90.55% to SAR 7.10 million in the first quarter (Q1) of 2026 from SAR 75.20 million in Q1-25. The revenues amounted to SAR 821.60 million in Q1-26, …
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) recorded SAR 120.13 billion in net profit attributable to the shareholders during the first quarter (Q1) of 2026, an annual leap of 25.55% from SAR 95.68 billion. The oil giant achieved …
Riyadh – Mubasher: The National Shipping Company of Saudi Arabia (Bahri) witnessed a leap of 303.36% in net profit to the owners at SAR 2.14 billion during the first quarter (Q1) of 2026 when compared to SAR 532.82 million in Q1-25. The earnings …
Riyadh – Mubasher: The total value of contracts awarded in Saudi Arabia during the first quarter (Q1) of 2026 amounted to $11 billion, representing a substantial decline when compared to $22.5 billion awarded in Q1-25, according to Kamco Invest’s …
Riyadh - Mubasher: The accumulated losses of Rabigh Refining and Petrochemical Company (Petro Rabigh) reached SAR 2.46 billion, accounting for 14.77% of its SAR 16.70 billion capital, as of 31 March 2026. This brings the company’s accumulated …
Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) has registered net profits to the owners worth SAR 1.46 billion in the first quarter (Q1) of 2026, shifting from net losses of SAR 691 million in Q1-25. The earnings per …
Riyadh - Mubasher: ADES Holding Company was awarded a SAR 345 million ($92 million) contract from Valeura Energy, a subsidiary of Valeura Energy Inc., to provide offshore drilling services in Thailand. The agreement comprises a three-year tenor, …
Riyadh – Mubasher: Cumulocity, a global leader in industrial AIoT, has joined forces with Aramco Digital, a tech subsidiary of Saudi Aramco, to expand the deployment of its enterprise-grade platform across the GCC region. Under the signed …
Riyadh - Mubasher: ADES Holding Company has extended the drilling contract with Chevron Nigeria Limited for its premium jackup rig, Shelf Drilling Scepter, for one year, with a one-year unpriced option. The extension adds approximately SAR 178 …
Riyadh - Mubasher: Saudi Arabia’s Aramco Ventures has participated in a $36 million funding round for US-based deeptech startup Via Separations, alongside Climate Investment and Marathon Petroleum. The investment will support global deployment of …
Mubasher: The GCC equity market index witnessed a relatively smaller decline of 2.6% in March 2026, contrary to the sharp decline in global markets, according to a recent report by Kamco Invest. The performance in the Gulf capital market was led …
Riyadh – Mubasher: Saudi Steel Pipe Company inked a SAR 127 million deal to supply oil and gas steel to Saudi Arabian Oil Company (Aramco), according to a bourse disclosure. The agreement is expected to have a financial impact, reflecting during …
Riyadh - Mubasher: ADES Holding Company generated 1.93% year-on-year (YoY) higher net profits attributable to the owners at SAR 818.01 million in 2025, versus SAR 802.49 million. The earnings per share (EPS) went up to SAR 0.74 last year from SAR …
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) penned three agreements at a combined value of SAR 1.63 billion with Arabian Internet and Communications Services Company (solutions) and Arabian Pipes Company, according to bourse disclosures. …
Riyadh - Mubasher: The board members of National Shipping Company of Saudi Arabia (Bahri) recommended cash dividends totaling SAR 922.85 million, representing 10% of its SAR 9.22 billion capital, for 2025. The Saudi company will pay out a dividend …
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) generated net profits attributable to the owners valued at SAR 348.04 billion ($92.81 billion) in 2025, down 11.64% year-on-year (YoY) from SAR 393.89 billion ($105.04 billion). The oil giant …
Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) incurred net losses worth SAR 3.89 billion in 2025, reflecting a 14.21% decrease from SAR 4.54 billion in 2024. The loss per share narrowed to SAR 2.33 in 2025 from SAR …
Riyadh – Mubasher: According to the monthly report by Aljazira Capital for February 2026, the Main Market index (TASI) of the Saudi Exchange (Tadawul) ended the month at 10,709 points, which represented a decrease of 5.91% compared to January’s …
Mubasher: Sitecore, a global player in AI-enabled digital experience software, announced a significant expansion of investment in the Middle East with a new deployment announced for Saudi Arabia in 2026, according to a press release. An early …
