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4 centuries from now City Cement logs SAR 129m profits in 2025; dividends for H2 unveiled
Riyadh - Mubasher: The net profits attributable to the owners of City Cement Company fell by 10.54% to SAR 128.92 million in 2025 from SAR 144.11 million a year earlier. The company posted revenues amounting to SAR 519.63 million last year, down …
Photo Archive
16 July 05:16 PM Hedab Alkhaleej launches e-voting ahead of OGM
Riyadh – Mubasher: Hedab Alkhaleej Trading Company has commenced its electronic voting for its Ordinary General Meeting (OGM), scheduled to be held virtually on 21 July 2026. The electronic voting process will open to shareholders via the …
Photo Archive
16 July 04:43 PM Al Yamama Steel assigns Italy’s Danieli for steel billet production line
Riyadh - Mubasher: Al Yamama Rebar Company, a unit of Al Yamamah Steel Industries Company, has identified Italy’s Danieli as the specialized European firm contracted for the production of steel billets. The disclosure serves as a formal update to …
Saudi Exchange (Tadawul)
16 July 11:48 AM Watani Iron and Steel submits application for transferring to Main Market
Riyadh – Mubasher: Watani Iron Steel Company has submitted an official application to the Saudi Exchange (Tadawul) to transition its shares from the Nomu-Parallel Market to the Main Market. The company filed the request through the automated …
Photo Archive
15 July 09:06 PM Chemanol’s shareholders greenlight 77.7% capital reduction
Riyadh – Mubasher: The shareholders of Methanol Chemicals Company (Chemanol) have approved a significant capital restructuring during an extraordinary general meeting held on 14 July 2026. The company will reduce its share capital by 77.76%, …
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15 July 06:59 PM Tadawul adjusts Chemanol's reference price following capital reduction
Riyadh – Mubasher: The Saudi Exchange (Tadawul) announced that the daily price fluctuation limit for Methanol Chemicals Company (Chemanol) will be calculated based on a reference price of SAR 39.88. This adjustment follows the extraordinary …
Photo Archive
15 July 04:22 PM Al Yamamah Steel inks SAR 270m deal with European company
Riyadh - Mubasher: Al Yamamah Rebar Company, a unit of Al Yamamah Steel Industries Company, signed a SAR 270 million contract on 14 July with a specialized European company for the manufacture, supply, and installation of iron billet production …
Photo Archive
15 July 12:53 PM Chemanol updates agenda for next OGM
Riyadh – Mubasher: Methanol Chemicals Company (Chemanol) issued a follow-up disclosure regarding its Ordinary General Meeting (OGM) scheduled for 6 August 2026. The company announced the addition of the audit committee report for 2025 in English …
Photo Archive
14 July 09:15 PM Al Naqool’s subsidiary inks nearly SAR 15m purchase agreement
Riyadh — Mubasher: Mohammed Hasan Al Naqool Sons Company announced that its wholly owned subsidiary, Sadan Industrial Company, signed a purchase agreement valued at SAR 14.90 million. Sadan aims to acquire 50 new trucks upon the deal that was …
Saudi Exchange (Tadawul)
14 July 08:42 PM Tadawul approves termination of market making for 3 listed companies
Riyadh - Mubasher: The Saudi Exchange (Tadawul) has approved a request from Morgan Stanley KSA to terminate its market-making activities for three listed companies, effective on 15 July 2026. The companies affected by the cessation of …
Photo Archive
14 July 01:19 PM Chemanol invites shareholders to review 2025 financials at next OGM
Riyadh – Mubasher: Methanol Chemicals Company (Chemanol) has issued an invitation to its shareholders to attend the Ordinary General Meeting (OGM), scheduled for 6 August 2026. The meeting, to be conducted via modern technology, requires a legal …
Photo Archive
14 July 12:48 PM Saudi Vitrified Clay secures SAR 5.5m supply order for sewage project
Riyadh – Mubasher: Saudi Vitrified Clay Pipe Company (SVCP) has received a purchase order from Al-Imtiaz National Contracting Company valued at SAR 5.58 million, including value-added tax. The contract, which was awarded and signed on 13 July …
Photo Archive
14 July 10:06 AM Tasnee obtains regulatory nod for SAR 700m subsidiary sale
Riyadh – Mubasher: National Industrialization Company (Tasnee) has received a no-objection certificate from the General Authority for Competition regarding the sale of its entire stake in Al Rowad National Plastic Manufacturing Company. The …
Photo Archive
13 July 07:13 PM Tasnee witnesses special deal at SAR 9.25/shr
Riyadh – Mubasher: National Industrialization Company (Tasnee) registered a special deal executed on 13 July 2026 for a total value of SAR 4.23 million. The transaction was executed on 457,690 shares at SAR 9.25 per share, according to a bourse …
Photo Archive
13 July 09:54 AM Saudi Vitrified Clay shareholders reject capital raise proposal
Riyadh – Mubasher: The shareholders of Saudi Vitrified Clay Pipe Company (SVCP) have rejected a proposal to increase the company's capital during an extraordinary general meeting (EGM) held on 12 July 2026. The meeting, which recorded an …
Photo Archive
12 July 09:34 PM Takween appoints Albilad Capital as financial advisor for capital restructuring
Riyadh - Mubasher: Takween Advanced Industries Company announced on 12 July 2026 that its board of directors has approved the appointment of Albilad Capital as the financial advisor, lead manager, and underwriter for its upcoming capital …
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12 July 06:31 PM Advanced Petrochemical records SAR 3.5m special deal on Tadawul
Riyadh - Mubasher: Advanced Petrochemical Company recorded a negotiated (special) deal executed during the 12 July 2026 session on the Saudi market (Tadawul). The transaction was implemented over 148,402 shares at SAR 22.77 per share, for a total …
Photo Archive
12 July 05:56 PM ASG Plastic discloses details of expansion project with MODON
Riyadh – Mubasher: ASG Plastic Factory Company unveiled the details of its fourth expansion project, which carries an estimated total cost of SAR 50 million. The development follows a previous announcement on 22 June 2026 regarding the signing of …
CMA
12 July 05:53 PM Saudi CMA ratifies SAR 27m capital increase for APICO
Riyadh — Mubasher: The Capital Market Authority (CMA) has granted approval for Arabian Plastic Industrial Company (APICO) to increase its capital from SAR 75 million to SAR 102 million, according to an official statement. The capital hike will be …
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12 July 04:40 PM Al Rasheed takes over 50% majority stake in Taif Logistics
Riyadh – Mubasher: Mohammed Hadi Al Rasheed & Partners Company signed a share purchase agreement on 9 July 2026 to acquire a 50% stake in Taif Logistics, according to a bourse filing. The transaction is valued at SAR 92.50 million and involves the …
Photo Archive
12 July 10:05 AM Advanced Petrochemical shifts to net losses in H1-26
Riyadh - Mubasher: Advanced Petrochemical Company suffered a preliminary net loss of SAR 98 million for the second quarter (Q2) of 2026, reversing a net profit of SAR 82 million recorded during the same period last year. The company attributed the …
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9 July 09:32 PM Saudi TASI down 0.42% to 10 points on Thursday
Riyadh – Mubasher: Saudi Arabia’s benchmark index finished in negative territory on Thursday, as the TASI fell by 0.42% to close the session at 10 points. The market move was characterized by concentrated selling pressure in specific listings, …
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9 July 09:24 PM Aqaseem’s shares fall 14.81% on Thursday as trading volume spikes
Riyadh – Mubasher: Aqaseem Factory for Chemicals and Plastics Company witnessed a significant sell-off during the Riyadh trading session on 9 July 2026. The stock price retreated by 14.81% to close at SAR 3.22, marking a sharp departure from …
Photo Archive
9 July 08:24 PM Saudi markets register 3 changes in major shareholdings
Riyadh – Mubasher: Ownership tracking for the Saudi Stock Exchange (Tadawul) and the Parallel Market (Nomu) identified three adjustments in major shareholdings during the trading sessions of 7 July and 8 July 2026, involving two stake increases …
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9 July 06:58 PM Luberef stock hits 52-week high during Wednesday session
Riyadh – Mubasher: Saudi Aramco Base Oil Company (Luberef) shares traded at a 52-week high of SAR 131.3 during Wednesday’s session on the Saudi Exchange (Tadawul). Luberef stock was up 2.18% within the energy sector in intraday, before closing …