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25 April 12:11 PM

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15 April 11:02 AM Budget Saudi’s subsidiary seals acquisition deal in UAE
Riyadh – Mubasher: United International Transportation Company (Budget Saudi) announced that one of its subsidiaries has signed an agreement to acquire 70% of the stake of Overseas Development company in a subsidiary based in the UAE. The deal was …
Companies Investments
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14 April 04:20 PM Saudi Ground Services signs 5-year contract with flynas; value estimated at SAR 2bn
Riyadh – Mubasher: The Saudi Ground Services Company has signed a contract renewal deal with flynas on 13 April 2024, according to a bourse filing. Under the five-year contract, Saudi Ground Services will provide flynas domestic and international …
Companies Investments
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26 March 04:47 PM Budget Saudi’s profits cross SAR 277m in 2023; dividends unveiled
Riyadh – Mubasher: The net profits of United International Transportation Company (Budget Saudi) increased by 10% to SAR 277.21 million in 2023 from SAR 252 million in 2022. Revenues amounted to SAR 1.37 billion as of 31 December 2023, an annual …
Financial Results
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25 March 12:49 PM Saudi Ground Services switches to profitability in 2023
Riyadh – Mubasher: Saudi Ground Services Company shifted to profitability in 2023, recording a net profit of SAR 211.47 million, versus a net loss of SAR 244.48 million in 2022. Revenues jumped 24.37% year-on-year (YoY) to SAR 2.45 billion last …
Financial Results
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14 March 12:14 PM Theeb Rent a Car posts 26% YoY lower profit in 2023
Riyadh – Mubasher: The net profit of Theeb Rent a Car Company dropped 26.43% year-on-year (YoY) to SAR 142.06 million in 2023 from SAR 193.10 million. Revenues rose 17.30% YoY to SAR 1.35 billion last year from SAR 967.96 million, according to the …
Cash Dividends
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12 March 11:25 AM SISCO’s net profit surges 94% YoY in 2023; dividends approved
Riyadh – Mubasher: Sustainable Infrastructure Holding Company (SISCO Holding) reported a 94% year-on-year (YoY) jump in net profit to SAR 71.20 million in 2023 from SAR 36.70 million. The company’s revenues soared 61.34% YoY to SAR 1.60 billion …
Financial Results
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10 March 02:29 PM Theeb Rent a Car unveils 2 key appointments
Riyadh – Mubasher: Theeb Rent a Car Company named Mohammed Ahmed Al Theeb as the Chairman of the board for the next three years. The board members also appointed Riyad Saleh Al Malik as the Vice Chairman, according to a bourse disclosure. The two …
Board of Directors
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5 March 11:31 AM SAPTCO’s losses down 75% in 2023; key appointments, new subsidiary unveiled
Riyadh – Mubasher: The net losses of Saudi Public Transport Company (SAPTCO) amounted to SAR 24.17 million in 2023, lower by 74.91% year-on-year (YoY) than SAR 96.35 million. Revenues increased by 18.96% to SAR 1.56 billion last year from SAR 1.31 …
Financial Results
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27 February 11:46 AM SAPTCO wins SAR 123m contract for public transport project in 3 cities
Riyadh – Mubasher: Assir Municipality has awarded Saudi Public Transport Company (SAPTCO) a SAR 122.99 million five-year contract for a public transport project. The contract includes the provision of public bus transportation service in the …
Companies Investments
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1 February 01:22 PM Saudi Ground Services unveil SAR 800m deal with Flyadeal
Riyadh – Mubasher: Saudi Ground Services Company renewed its contract with Flyadeal Company, on 31 January 2024, to provide the latter with ground handling services at airports. The agreement is expected to be valid for three years until 31 …
Companies Investments
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28 December 2023 03:42 PM SAPTCO wins public transport project in Tabuk
Riyadh – Mubasher: Saudi Public Transport Company (SAPTCO) received notification of a project award from Tabuk Municipality to operate the first phase of Tabuk City's public transport network. The contract holds a value of SAR 83.99 million for …
Companies Investments
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26 December 2023 05:36 PM SISCO Holding’s subsidiary signs $170m concession for PCT
Riyadh – Mubasher: Red Sea Gateway Terminal International Limited (RSGT), a subsidiary of the Sustainable Infrastructure Holding Company (SISCO Holding), which is formerly known as the Saudi Industrial Services Company, secured a 22-year …
Companies Investments
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13 November 2023 04:01 PM Theeb Rent a Car's net profits decline nearly 24% in 9M-23; cash dividends for Q3 declared
Riyadh – Mubasher: Theeb Rent a Car Company posted SAR 106.54 million in net profit in the first nine months (9M) of 2023, down by 23.60% from SAR 139.44 million in 9M-22. The revenues jumped by 19.64% year-on-year (YoY) to SAR 834.72 million in …
Financial Results
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9 November 2023 02:29 PM SAPTCO unveils 9M-23 financials, higher revenues at SAR 1.19bn
Riyadh – Mubasher: Saudi Public Transport Company (SAPTCO) turned profitable at SAR 44.73 million in the first nine months (9M) of 2023, against net losses of SAR 1.28 million in 9M-22. Revenues amounted to SAR 1.19 billion in 9M-23, up 24.39% …
Financial Results
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8 November 2023 04:06 PM Batic Investments’ net loss drops 75% in 9M-23
Riyadh – Mubasher: The net loss after Zakat and tax of Batic Investments and Logistics Company decreased by 75.33% to reach SAR 6.08 million in the first nine months (9M) of 2023, compared to SAR 24.67 million in 9M-22.  The loss per share edged …
Financial Results
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8 November 2023 02:16 PM Budget Saudi’s profits up 13% in 9M-23; revenues hit SAR 1bn
 Riyadh – Mubasher: United International Transportation Company (Budget Saudi) posted 12.94% higher net profits after Zakat and tax at SAR 211.10 million in the first nine months (9M) of 2023, versus SAR 186.92 million in 9M-22. The earnings per …
Financial Results
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6 November 2023 02:47 PM SISCO unveils 252% higher profits in 9M-23
Riyadh – Mubasher: The net profits after Zakat and tax of Saudi Industrial Services Company (SISCO) hit SAR 64.40 million in the first nine months (9M) of 2023, marking an annual growth of 251.91% from SAR 18.30 million. The earnings per share …
Financial Results
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6 November 2023 00:21 PM Saudi Ground Services turns profitable in 9M-23; revenues hit SAR 1.83bn
Riyadh – Mubasher: Saudi Ground Services Company swung to net profits after Zakat and tax valued at SAR 149.85 million in the first nine months (9M) of 2023, against net losses worth SAR 136.71 million in 9M-22. Revenues amounted to SAR 1.83 …
Financial Results
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3 October 2023 05:58 PM DS Rent announces 11% higher net profit H1-23, wins SAR 6m contract
Riyadh – Mubasher: Dar Almarkabah for Renting Cars Company (DS Rent) reported an 11.21% increase in net profit during the first half (H1) of 2023, driven by higher sales volume, expense reduction, and improvement in profit margin. DS Rent's net …
Companies Investments
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28 August 2023 09:22 AM Dar Almarkabah to begin trading on Nomu this week
Riyadh – Mubasher: Dar Almarkabah for Renting Cars Company will start the listing and trading of its shares on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul) on Tuesday, 29 August 2023. Under the symbol 9577, the digital solutions …
Trading Activities
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27 August 2023 10:59 AM SISCO announces H1-23 dividends following 943.5% higher profits
Riyadh – Mubasher: The board of Saudi Industrial Services Company (SISCO) approved cash dividends worth SAR 32.64 million, equivalent to 4% of the capital, for the first half (H1) of 2023. The firm will disburse a dividend of SAR 0.40 per share …
Financial Results
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14 August 2023 02:05 PM Saudi Ground Services swings to SAR 90m profits in H1-23
Riyadh – Mubasher: Saudi Ground Services Company shifted to net profits after Zakat and tax amounting to SAR 89.97 million in the first half (H1) of 2023, against net losses valued at SAR 85.86 million in H1-22. Revenues hiked by 29.31% …
Financial Results
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30 July 2023 02:19 PM Budget Saudi unveils H1-23 financial results, dividends
Riyadh – Mubasher: United International Transportation Company (Budget Saudi) registered SAR 139.60 million in net profit after Zakat and tax during the first half (H1) of 2023, an annual rise of 13.73% from SAR 122.75 million. The revenues of …
Financial Results
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3 July 2023 10:36 AM Saudi Ground Services inks SAR 105m agreement with Bupa Arabia
Riyadh – Mubasher: Saudi Ground Services Company penned a SAR 105 million deal with Bupa Arabia for Cooperative Insurance Company on 2 July, according to a bourse filing. Under the agreement, Bupa Arabia will offer medical insurance services for …
Companies Investments
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2 July 2023 06:45 PM SISCO appoints Chairman, Vice Chairman
Riyadh – Mubasher: Saudi Industrial Service Company (SISCO) announced the appointment Aamer Abdullah Alireza as the Chairman of the board for the coming three years. During its meeting on 2 July 2023, the board of SISCO also named Rayyan Mohammed …
Corporate Actions