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Theeb Rent a Car
15 June 11:26 AM Theeb Rent a Car expands network to 70 branches in Saudi Arabia
Riyadh – Mubasher: Theeb Rent a Car Company has inaugurated its new branch in Riyadh as part of its ongoing efforts to strengthen its network and execute its growth plan across the Kingdom, according to a bourse statement. Located on Dammam Road …
Flynas
15 June 08:17 AM Flynas to launch direct flights between Jeddah, Rabat
Riyadh - Mubasher: Flynas Company has launched direct flights connecting Jeddah with the Moroccan capital, Rabat, starting 4 July, becoming the first Saudi carrier to operate direct flights between the two cities. The weekly operations will expand …
SAL
14 June 10:51 AM SAL launches subsidiary in Netherlands to expand into international markets
Riyadh - Mubasher: SAL Saudi Logistics Services Company has established SAL International Ground Handling B.V., a wholly owned subsidiary incorporated in Amsterdam, Netherlands. The unit will mainly serve as an international holding entity, …
Sustained Infrastructure Holding Company (SISCO Holding)
11 June 08:08 PM SISCO Holding approves 2025 dividends, elects new board
Riyadh – Mubasher: Sustained Infrastructure Holding Company approved a total cash dividend distribution of SAR 65.28 million for the 2025 fiscal year and elected a new Board of Directors to serve a four-year term beginning in July 2026. The …
Photo Archive
11 June 03:52 PM Theeb Rent a Car authorizes dividend distributions for 2026, approves financial results
Riyadh – Mubasher: Theeb Rent a Car Company’s shareholders approved the financial results for the 2025 fiscal year and authorized the Board of Directors to distribute interim dividends for 2026. The Ordinary General Meeting took place on 8 June …
Saudi Ground Services Company (SGS)
11 June 02:54 PM Saudi Ground Services’ shareholders authorize dividends, ratify major contracts
Riyadh – Mubasher: Saudi Ground Services Company (SGS) has announced the results of its Ordinary General Assembly meeting, where the shareholders approved a mandate for the board of directors to distribute interim dividends for the 2026 fiscal …
Photo Archive
10 June 12:12 PM Budget Saudi confirms limited customer data breach
Riyadh – Mubasher: The United International Transportation Company (Budget Saudi) has detected a cybersecurity incident that resulted in unauthorized access to a limited portion of the data of certain customers through the company’s app. The group …
SAL
10 June 11:16 AM SAL inks agreement with Fly Khiva to expand integrated service portfolio
Riyadh - Mubasher: SAL Saudi Logistics Services Company has inked a new strategic agreement with Fly Khiva Group LLC to provide integrated solutions covering air cargo ground handling services on 9 June. Under the SAL Cargo Ground Handling …
Flynas
10 June 08:24 AM Flynas inaugurates new operations base in Qassim
Riyadh - Mubasher: Flynas Company has teamed up with Cluster2 Company to establish a new operations base at Prince Naif bin Abdulaziz International Airport in Qassim. This made flynas the first Saudi airline to operate flights from six different …
Photo Archive
7 June 01:00 PM SAPTCO wins SAR 241.5m project award
Riyadh – Mubasher: Saudi Public Transport Company (SAPTCO) was awarded a SAR 241.47 million project contract with the Al Madinah Region Development Authority on 4 June 2026. The company will provide public bus transportation services in Al Madinah …
Flynas
3 June 02:59 PM Flynas relocates Jeddah-Amman flights to Amman Civil Airport
Riyadh - Mubasher: Flynas Company has relocated its direct flights between Jeddah and Amman to Amman Civil Airport (ADJ) starting on 15 June 2026, according to a press release. Flynas will operate daily flights between Jeddah and Amman Civil …
Lumi
3 June 08:30 AM Lumi fuels expansion plan via new branches in Saudi Arabia
Riyadh - Mubasher: Lumi Rental Company has inaugurated three new branches in Tabuk, Taif, and Jeddah, supporting its long-term regional expansion strategy. The openings, attended by the company’s senior leadership team, reflect Lumi’s commitment …
Photo Archive
1 June 07:17 PM KDL Logistics announces changes in CEO position as of October
Riyadh – Mubasher: Khaled Dhafer & Brothers Logistics Services Company (KDL Logistics) has announced a planned leadership transition following the decision of its current CEO, Saleh Farhan Al Hariri, not to renew his employment contract due to …
Saudi Ground Services Company
31 May 02:20 PM Saudi Ground Services secures SAR 6.3bn contract with Saudia
Riyadh – Mubasher: Saudi Ground Services Company (SGS) has received a major contract award from Saudi Airlines for Air Transport Company (Saudia), a related party, to provide comprehensive ground handling and passenger services across all airports …
Dar Almarkabah for Renting Cars Company (DS Rent)
26 May 06:31 PM DS Rent issues update about auto rental firm acquisition
Riyadh – Mubasher: Dar Al Markabah for Renting Cars Company (DS Rent) has formally announced the termination of its memorandum of understanding (MoU) regarding the proposed acquisition of Al Sahm Al Thahabi Car Rental Company. The company informed …
Sustained Infrastructure Holding Company (SISCO Holding)
24 May 05:30 PM SISCO Holding’s Hefni submits resignation
Riyadh – Mubasher: Sustained Infrastructure Holding Company (SISCO Holding) has formally announced a change in its leadership following the resignation of Saleh Ahmed Hefni. SISCO Holding accepted Hefni’s resignation from his position as an …
Flynas
20 May 07:27 AM Flynas inaugurates 5th operations base at Abha International Airport
Riyadh - Mubasher: Prince Turki bin Talal bin Abdulaziz officially inaugurated the new operations base of Flynas Company at Abha International Airport, marking a strategic milestone in the airline’s expansion plans across the Kingdom. The launch …
SAL Saudi Logistics Services Company obtains triple ISO certification
19 May 10:20 PM SAL becomes 1st Saudi logistics company to obtain HSSE IMS triple ISO certification
Riyadh – Mubasher: SAL Saudi Logistics Services Company has announced the achievement of its HSSE Integrated Management System being triple ISO certified, according to a press release. The company is now the first Saudi firm in the logistics …
Photo Archive
12 May 03:47 PM SISCO Holding posts higher profits in Q1-26; dividends for 2025 proposed
Riyadh - Mubasher: The net profits attributable to the shareholders of Sustained Infrastructure Holding Company (SISCO Holding) grew by 5.66% to SAR 26.10 million in the first quarter (Q1) of 2026. The quarterly profits were compared with SAR …
United International Transportation Company (Budget Saudi)
11 May 06:48 PM Budget Saudi registers SAR 552m revenue in Q1-26
Riyadh – Mubasher: The United International Transportation Company (Budget Saudi) posted net profits worth SAR 34.45 million in the first quarter (Q1) of 2026, signaling a decrease of 58.37% from SAR 82.76 million in Q1-25. Budget Saudi generated …
flynas
11 May 12:10 PM Flynas registers 20% lower profits in Q1-26 amid regional flight disruption
Riyadh - Mubasher: Flynas Company generated SAR 117.90 million in net profit attributable to the shareholders during the first quarter (Q1) of 2026. The quarterly profits were lower by 20.26% year-on-year (YoY) than SAR 147.85 million, according …
Saudi Public Transport Company (SAPTCO)
7 May 11:11 PM SAPTCO turns profitable in Q1-26 amid 16% higher revenue; accumulated losses unveiled
Riyadh – Mubasher: Saudi Public Transport Company (SAPTCO) achieved net profits worth SAR 5.34 million in the first quarter (Q1) of 2026. The company shifted to net earnings in January-March 2026 from net losses of SAR 24.31 million in Q1-25, …
Saudi Ground Services Company
7 May 11:34 AM Saudi Ground Services records nearly SAR 60.5m net profit amid higher revenue in Q1-26
Riyadh – Mubasher: Saudi Ground Services Company registered net profits worth SAR 60.45 million in the first quarter (Q1) of 2026, reflecting a 38.07% decrease from SAR 97.62 million in Q1-25. The earnings per share (EPS) stood at SAR 0.32 in …
SAL
3 May 04:19 PM SAL unveils higher profits in Q1-26, cash dividends
Riyadh - Mubasher: SAL Saudi Logistics Services Company recorded 2.29% year-on-year (YoY) higher net profits after tax valued at SAR 156.60 million in the first quarter (Q1) of 2026, versus SAR 153.09 million. SAL generated revenues of SAR 445.78 …
Photo Archive
28 April 03:17 PM Saudi Ground Services unveils SAR 315m project with Riyadh Airports
Riyadh - Mubasher: Saudi Ground Services Company (SGS) was awarded a SAR 314.88 million contract with Riyadh Airports Company to operate and maintain passenger boarding bridges and related services at King Khalid International Airport in Riyadh. …