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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 …
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15 June 06:22 PM Saudi Vitrified Clay postpones EGM to discuss 53.5% capital hike proposal
Riyadh – Mubasher: Saudi Vitrified Clay Pipe Company (SVCP) announced the non-convening of the extraordinary general meeting (EGM), which was supposed to be held on 14 June 2026. This is due to the failure to achieve the required legal quorum for …
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15 June 09:53 AM Takween’s CEO resigns; Acting CEO appointed
Riyadh - Mubasher: Majed Nofal resigned from his position as the CEO of Takween Advanced Industries Company due to personal reasons, effective on 30 June 2026. The board member announced Marwan Jreige as Acting CEO, starting from 1 July, according …
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15 June 07:15 AM Saudi Cement’s board approves SAR 153m dividends for H1-26
Riyadh - Mubasher: Saudi Cement Company announced a cash dividend distribution of SAR 153 million, representing 10% of the capital, for the first half (H1) of 2026, according to a bourse disclosure. The board members approved, on 14 June, …
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14 June 06:25 PM MEPCO finalizes deed transfer for property ownership
Riyadh – Mubasher: Middle East Paper Company (MEPCO) has completed the title deed transfer and registration of a property in its name after a final court ruling in a lawsuit filed by Al Shorouq Al Motatawera Development Company. Spanning 966,488 …
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14 June 05:32 PM SENAAT announces 19.5% stake transfer as part of shareholder restructuring
Riyadh – Mubasher: Advanced Building Industries Company (SENAAT) received a letter, on 11 June, from Zamil Group Holding Company and Zamil Group Investment Company Limited regarding the transfer of ownership. Abdullah Hamad Al Zamil Sons Holding …
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14 June 05:12 PM Chemanol faces ongoing delay to publish quarterly financials amid pending 2025 audit
Riyadh – Mubasher: Methanol Chemicals Company (Chemanol) has officially notified the Saudi Exchange (Tadawul) of a continued delay in the publication of its interim financial results for the first quarter (Q1) that ended on 31 March 2026. The …
Yamama Cement
14 June 02:47 PM Yamama Cement to operate new production line next July
Riyadh - Mubasher: Yamama Cement Company is set to commence operating the third line, formerly line 7, with a daily production capacity estimated at about 12,500 tons of clinker on 1 July 2026. The company announced the trial operation phase on 12 …
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11 June 07:32 PM Hedab Alkhaleej extends SAR 50m facility deal with Al Rajhi Bank
Riyadh - Mubasher: Hedab Alkhaleej Trading Company penned an agreement to renew Sharia-compliant banking facilities with Al Rajhi Bank at a total amount of SAR 50 million. The financing deal, signed on 11 June 2026, is valid until 30 November this …
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11 June 06:56 PM CMA nods for Arabian Pipes’ capital hike via bonus shares
Riyadh – Mubasher: The Capital Market Authority (CMA) approved the request of Arabian Pipes Company to increase its capital from SAR 200 million to SAR 252 million, according to a bourse filing. Arabian Pipes will issue a bonus share for every …
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11 June 04:44 PM Al Jouf Agricultural authorizes board for 2026 dividend payout, approves contracts
Riyadh – Mubasher: The shareholders of Al Jouf Agricultural Development Company reviewed and ratified the financial performance for the 2025 fiscal year while granting the Board of Directors the authority to manage dividend distributions for the …
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11 June 03:16 PM Al Taiseer Group Talco ratifies SAR 72m dividends, strategic expansion plan
Riyadh – Mubasher: Al Taiseer Group Talco Industrial Company has announced the results of its Extraordinary General Assembly meeting held on 8 June 2026, where the shareholders approved a substantial cash dividend and a significant broadening of …
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10 June 08:58 PM MedGulf to consider financial restructuring, related-party contracts with listed entities
Riyadh – Mubasher: The Mediterranean and Gulf Insurance and Reinsurance Company (MedGulf) will hold an Extraordinary General Assembly Meeting on 29 June 2026, which will focus on a strategic proposal to offset accumulated losses using the …
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10 June 06:27 PM Al Jouf Cement to hold shareholders meeting end-June for board appointments, financials overview
Riyadh – Mubasher: Al Jouf Cement Company has invited its shareholders to participate in the Ordinary General Assembly Meeting scheduled for 30 June 2026, which will be conducted through a hybrid format of in-person attendance and remote …
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10 June 11:32 AM Nama Chemicals fails to publish Q1-26 preliminary results within set period
Riyadh – Mubasher: Nama Chemicals Company stated that it is unable to publish its preliminary financial results for the first quarter (Q1) of 2026 on the Saudi Exchange (Tadawul) website within the regulatory period. In a bourse disclosure, the …
Saudi Capital Market Authority (CMA)
9 June 07:56 PM CMA greenlights Al Naqool’s request to double capital via free shares
Riyadh – Mubasher: The Saudi Capital Market Authority (CMA) has officially authorized a request from Mohammed Hasan Al Naqool Sons Company to increase its share capital by 100% through the issuance of bonus shares. The transaction is set to raise …
Saudi Exchange (Tadawul)
9 June 06:18 PM Merrill Lynch KSA market-making agreements terminated for certain Nomu-listed entities
Riyadh – Mubasher: The Saudi Exchange Company has officially announced the approval of a request from Merrill Lynch Kingdom of Saudi Arabia to terminate its market-making activities for four companies listed on the exchange. The cessation of these …
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9 June 01:04 PM Maadaniyah announces key appointments
Riyadh – Mubasher: National Metal Manufacturing and Casting Company (Maadaniyah) has appointed Fawaz bin Mohammed Al Fawaz as the Chairman of the Board of Directors for the next four years. Shaker bin Nafil Al Otaibi was named the Vice Chairman, …
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9 June 08:11 AM Northern Region Cement files lawsuit against Safwa Cement
Riyadh – Mubasher: Northern Region Cement Company filed a lawsuit against Safwa Cement Company for violating the company’s patent relating to the conversion of an ordinary black Portland cement production line to white Portland cement using an …
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7 June 02:26 PM Riyadh Steel announces e-voting kickoff for EGM agenda items
Riyadh - Mubasher: Riyadh Steel Company reminded shareholders that electronic voting on the agenda items of its extraordinary general meeting (EGM) is now open ahead of the meeting that is scheduled for 8 June 2026.  The company said shareholders …
Tasnee
7 June 09:27 AM Tasnee concludes maintenance works at JV plant
Riyadh – Mubasher: National Industrialization Company (Tasnee) has completed the scheduled periodic maintenance for the ethylene and polyethylene plant, which is one of the joint ventures (JVs). The project will reflect on the company’s …
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4 June 05:08 PM SENAAT’s shareholders nod for SAR 21m purchase agreement
Riyadh – Mubasher: The ordinary general meeting (OGM) of Advanced Building Industries Company (SENAAT) approved a purchase deal with Zamil Group Holding at a value of SAR 20.72 million. The shareholders also greenlighted a SAR 2.76 million deal …
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4 June 03:44 PM Saudi Vitrified Clay unveils SAR 4.6m purchase order agreement
Riyadh – Mubasher: Saudi Vitrified Clay Pipe Company (SVCP) has received a purchase order from Bright Trading & Contracting Company Limited, with a total value of SAR 4.64 million on 3 June 2026. The agreement covers the supply of vitrified clay …
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3 June 02:40 PM Tabuk Cement amends date, agenda for next OGM
Riyadh – Mubasher: Tabuk Cement Company has amended the date and agenda of the ordinary general meeting (OGM), which will be held on Monday, 29 June 2026, according to a bourse filing. The shareholders will vote on the appointment of the company's …
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2 June 09:47 AM East Pipes Integrated reschedules payment for H2-25/26 cash dividends
Riyadh – Mubasher: East Pipes Integrated Company for Industry announced an amendment of the cash dividends distribution date for the second half (H2) of the fiscal year (FY) 2025/2026, due to the inability to complete the disbursement procedures …