Mubasher TV
Contact Us Advertising   العربية

Sector News

Photo Archive
11:30 AM TADCO postpones EGM due to lack of quorum
Riyadh — Mubasher: Tabuk Agricultural Development Company (TADCO) has cancelled its first and second extraordinary general meeting (EGM)sessions scheduled for 31 August  2026, due to the absence of a legal quorum. The meetings, which were intended …
Photo Archive
31 August 01:45 PM Saudi Fisheries extends deadline for Al Haridha's stake sale
Riyadh — Mubasher: Saudi Fisheries Company has agreed with the purchasing party to extend the deadline for the transfer of lease contracts and regulatory licenses concerning the divestment of its 51% stake in Al Haridha Aquaculture Company. The …
Photo Archive
31 August 09:44 AM First Mills to disburse SAR 99.5m dividends for H1-26
Riyadh — Mubasher: The shareholders of First Milling Company (First Mills) approved a cash dividend distribution of SAR 99.35 million for the first half (H1) of 2026 during an ordinary general meeting (OGM) on 30 August 2026. The distribution …
Saudi Riyal
30 August 09:32 PM Sahat Almajd to distribute nearly SAR 6m dividends for H1-26
Riyadh — Mubasher: Sahat Almajd Trading Company announced that its board of directors has resolved to distribute SAR 5.91 million in cash dividends to shareholders for the first half (H1) of the 2026 fiscal year. The total payout will be …
Photo Archive
30 August 09:13 PM Sahat Almajd witnesses 43% profit surge in H1-26 on new branches
Riyadh — Mubasher: Sahat Almajd Trading Company recently announced its interim financial results for the six-month period ended on 30 June 2026, reporting a net profit of SAR 11.87 million, according to a bourse filing. The earnings in the first …
Photo Archive
30 August 10:37 AM Naqi Water expand operations via new Tabuk branch
Riyadh — Mubasher: Naqi Water Company has opened a new branch in the city of Tabuk as part of its strategic plan to expand its geographical footprint across the Kingdom. The company stated that the new facility is intended to enhance its …
Photo Archive
26 August 04:26 PM TADCO to commence e-voting for capital reduction
Riyadh — Mubasher: Tabuk Agricultural Development Company (TADCO) announced that electronic voting for its extraordinary general meeting (EGM) will commence on 27 August at 1:00 AM, according to a bourse filing. The meeting is slated to take place …
Photo Archive
25 August 08:14 PM First Mills to commence e-voting for shareholders meeting
Riyadh — Mubasher: First Milling Company (First Mills) announced that electronic voting for its Ordinary General Assembly meeting (OGM) will commence on 26 August 2026 at 1:00 AM, according to a bourse filing. The meeting is scheduled to be held …
Saudi Riyal
25 August 06:14 PM First Mills corrects details of upcoming OGM
Riyadh — Mubasher: First Milling Company (First Mills) issued a corrective announcement regarding its Ordinary General Assembly meeting (OGM) that is scheduled for 30 August 2026. The company clarified that the upcoming board of directors' term …
National Agricultural Development Company (Nadec)
25 August 01:08 PM Nadec announces SAR 85m asset purchase agreement
Riyadh — Mubasher: National Agricultural Development Company (Nadec) has signed a binding agreement to acquire high-tech greenhouse assets from Pure Harvest Smart Agricultural Farms for a total transaction value of SAR 85 million, according to a …
Photo Archive
24 August 07:47 PM Naqi Water to hold EGM for bylaws amendments, considering new products
Riyadh — Mubasher: Naqi Water Company has called on its shareholders to attend the first extraordinary general assembly meeting (EGM) on 20 September 2026, according to a bourse disclosure. The EGM will be conducted via modern technology through …
Photo Archive
24 August 12:43 PM Al Jouf Agricultural plans over SAR 236m capital hike; Almunajem to raise shareholding upon completion
Riyadh — Mubasher: The board members of Al Jouf Agricultural Development Company recommended on 23 August 2026 a capital increase through the issuance of 4.50 million new ordinary shares. The transaction is valued at SAR 236.25 million and …
Photo Archive
23 August 10:04 PM Saudi Fisheries to host conference on proposed capital increase
Riyadh — Mubasher: Saudi Fisheries Company announced its intention to hold a virtual meeting with shareholders to discuss the board of directors' recommendation to increase the firm's capital through a rights issue. The proposal is subject to …
Photo Archive
23 August 11:52 AM Fadeco announces leadership change in remuneration committee
Riyadh — Mubasher: The board members of Arabian Food and Dairy Factories Company (Fadeco) approved the reorganization of its Nomination and Remuneration Committee leadership via a circular resolution issued on 12 August 2026, according to a bourse …
Saudi Riyal
20 August 08:06 PM Sama Water discloses H1-26 preliminary financial results
Riyadh — Mubasher: Sama Healthy Water Factory Company (Sama Water) reported a net profit of SAR 3.49 million in the first half (H1) of 2026, representing a marginal decrease of 0.50% compared to SAR 3.51 million in H1-25. Earnings per share (EPS) …
Photo Archive
20 August 07:52 PM Fesh Fash registers lower net profit in H1-26 on rising operational costs
Riyadh — Mubasher: Fesh Fash Snack Food Production Company reported a net profit of SAR 2.52 million in the first half (H1) of 2026, representing a 15.68% decline from the SAR 2.99 million recorded in H1-25, according to the income statements. …
Naf Company for Feed for Industry
20 August 07:12 PM Naf Feed Industry recommends 50% capital increase via bonus shares
Riyadh – Mubasher: Naf Company for Feed for Industry announced that its board of directors recommended a 50% increase in the company's issued capital during a meeting held on 16 August 2026, according to a bourse disclosure. The proposal is …
Photo Archive
20 August 02:56 PM GACO’s revenues shrink 20% in H1-26
Riyadh – Mubasher: The net profits attributable to the owners of Al Gassim Investment Holding Company (GACO) hit SAR 736,853 in the first half (H1) of 2026. The revenues fell by 20.07% to SAR 3.70 million in H1-26 from SAR 4.63 million in H1-25. …
Photo Archive
20 August 12:45 PM Tanmiahs’s net profits fall 8% in H1-26; revenues hit SAR 1.5bn
Riyadh - Mubasher: Tanmiah Food Company logged a net profit of SAR 19 million for the second quarter (Q2) of 2026, a substantial increase from the SAR 500,000 recorded during the same period in 2025. The company’s quarterly revenue rose by 21.51% …
Photo Archive
19 August 11:05 AM Saudi Fisheries posts lower net losses in H1-26; zero revenues announced
Riyadh – Mubasher: Saudi Fisheries Company incurred net losses of SAR 3.17 million for the second quarter (Q2) of 2026, an annual drop of 69.63% compared to the SAR 10.45 million. The company recorded zero revenue for the quarter, a 100% decline …
Photo Archive
19 August 09:00 AM Nofoth pens SAR 56m contract to acquire majority stake in Al Taam Al Wafir
Riyadh – Mubasher: Nofoth Food Products Company has signed a share purchase agreement to acquire a 65% stake in Al-Taam Al Wafir for a total potential consideration of SAR 55.96 million. The deal, signed on 18 August 2026, includes a fixed payment …
Photo Archive
19 August 08:05 AM Wafrah’s losses deepen 115% in Q2-26
Riyadh – Mubasher:  Wafrah for Industry and Development Company announced a net loss of SAR 33.29 million for the second quarter (Q2) of 2026, representing a 115.167% increase in losses compared to the SAR 15.47 million in the same period last …
Photo Archive
18 August 06:36 PM Naf Feed Industry announces 199% profit leap in H1-26
Riyadh – Mubasher: Naf Company for Feed for Industry announced a 199.21% surge in net profit during the first half (H1) of 2026, where it reached SAR 5.02 million compared to SAR 1.68 million in H1-25, according to a bourse filing. The company …
Photo Archive
18 August 02:43 PM Saudi Fisheries announces hybrid EGM to discuss capital structure
Riyadh – Mubasher: Saudi Fisheries Company announced an amendment to the format of its upcoming extraordinary general meeting (EGM), which includes a proposed capital increase. Following its initial announcement on 5 August 2026, the company has …
Photo Archive
18 August 02:24 PM Jazadco shifts to net losses in Q2-26; accumulated losses hit 26.5% of capital
Riyadh – Mubasher: Jazan Development and Investment Company (Jazadco) reported a net loss of SAR 7.26 million for the second quarter (Q2) of 2026, swinging from a net profit of SAR 16.72 million in the same period last year. The company attributed …