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Riyadh – Mubasher: Power and Water Utility Company for Jubail and Yanbu (Marafiq) has received an acceptance letter from Miahona Company, approving its inclusion in its consortium with N.V. BESIX S.A. Sharjah branch for the Al-Haer independent …

Riyadh – Mubasher: Rawasi Albina Investment Company has signed a contract valued at SAR 13.62 million, including the value-added tax (VAT), to carry out the infrastructure works of Al Ghurub community project in Medina. The contract holds a …

Riyadh – Mubasher: Oil and gas drilling services provider ADES Holding Company has amended its existing syndicated facility, obtaining an additional $3 billion multi-tranche dual-currency financing on 14 July 2024. The majority of existing lenders …

Riyadh – Mubasher: Amlak International Finance Company has appointed Abdullah bin Ibrahim Al Howaish as the Chairman for the new board term, which commenced on 4 June 2024. The company appointed Amr bin Mohammed Kamel as the Vice Chairman and …

Riyadh – Mubasher: Leejam Sports Company has announced changing its name on the Saudi Exchange (Tadawul) from Fitness Time to Leejam Sports. The decision aims to align the company’s name with its vision of being the leader in the sports and …

Riyadh – Mubasher: Prefect presentation for commercial services Company (2P Prefect Presentation) has signed a Sharia-aligned increase facility agreement with Riyad Bank on 10 July 2024. The facility agreement holds a value of SAR 121 million …

Riyadh – Mubasher: Saudi Home Loans Company (SHL) renewed a Sharia-compliant credit facilities agreement with Arab National Bank (ANB) at an amount of SAR 2.05 billion. The facility will be used to expand and increase the sales volume in line with …

Mubasher: GFH Partners Limited, a subsidiary of GFH Financial Group, has launched and closed its seventh logistics and industrial fund in the US, according to a press release. The portfolio includes 25 industrial and transportation logistics …

Riyadh – Mubasher: The board of Jamjoom Pharmaceuticals Factory Company (Jamjoom Pharma) agreed to provide a corporate guarantee to support the issuance of a credit facility for its joint venture (JV) in Algeria, Jamjoom Algeria Lil Dawa SPA. A …

Riyadh – Mubasher: Al Masane Al Kobra Mining Company (Amak) ended the contract of Christopher Gerard Warwick, the Acting CEO of AMAK. The board members named Nihat Soyer as an Acting CEO of Amak on 4 July 2024, according to a bourse disclosure. …

Riyadh – Mubasher: Prefect Presentation for Commercial Services (2P Prefect Presentation) sealed a SAR 51.74 million contract with Prince Muhammad bin Abdul-Aziz Hospital in Riyadh. The agreement covers the operation and maintenance work of the …

Riyadh - Mubasher: Arabian Centres Company (Cenomi Centers) has announced the distribution of cash dividends of SAR 178.13 million for the first quarter (Q1) of 2024 on 18 July 2024. The approved dividends are equivalent to SAR 0.375 per …

Riyadh – Mubasher: Sumou Real Estate Company penned an agreement with Jubail and Yanbu Industrial Cities Services Company (Jabeen) for a project valued at SAR 1.30 billion. The two entities will develop primary and secondary infrastructure works …

Riyadh – Mubasher: The equityholders of Saudi Ceramic Company (Saudi Ceramics) greenlighted, during the 26 June extraordinary general meeting (EGM), a capital hike by 25% to SAR 1 billion from SAR 800 million, according to a bourse disclosure. The …

Riyadh – Mubasher: First Milling Company (First Mills) penned a financing facility agreement worth SAR 150 million with the Saudi Industrial Development Fund (SIDF) on 25 June 2024. The facility deal will support the company’s working capital and …

Riyadh – Mubasher: Saudi Tadawul Group Holding Company has sealed the acquisition of 32.60% strategic equity in DME Holdings Limited, a leading international commodities exchange, according to a press release on 26 June 2024. Following the equity …

Riyadh – Mubasher: Prefect Presentation for Commercial Services (2P Prefect Presentation) and Pan Gulf Marketing Company obtained the shareholders’ approval, on 25 June, to increase their capital. 2P Prefect Presentation will raise its capital by …

Riyadh – Mubasher: Gulf Insurance Group (GIG) announced the distribution of SAR 78.75 million, or SAR 1.50 per share, in cash dividends for 2023 on 30 June 2024. The shareholders eligible are those who own shares at the end of 29 May, according to …

Riyadh – Mubasher: Methanol Chemicals Company (Chemanol) has signed an agreement with Saudi Aramco Total Refining and Petrochemical Company (SATORP), a subsidiary of Saudi Arabian Oil Company (Aramco), to supply 100,000 tonnes of methanol annually …

Riyadh – Mubasher: Edarat Communication and Information Technology Company received a project award valued at SAR 125.77 million from Al Moammar Information Systems Company (MIS). The project contract, which was awarded on 13 June, covers the …

Riyadh – Mubasher: Al Rashid Industrial Company obtained the extraordinary general meeting (EGM) approval to disburse cash dividends amounting to SAR 8 million for 2023. Eligible shares will receive SAR 1 per share, representing 10% of the share's …

Riyadh – Mubasher: Al Hammadi Holding completed the sale of vacant land in Al Rayyan district at a value of SAR 124.60 million on 12 June 2024. The book value of the land stands at SAR 69.33 million as previously announced in April, according to a …

Riyadh – Mubasher: Prefect Presentation for Commercial Services (2P Prefect Presentation) was awarded a project contract worth SAR 63.34 million from the Saudi Ministry of Health. The listed company won the deal on 11 June and is expected to sign …

Riyadh – Mubasher: Rawasi Albina Investment Company and Telecommunications Towers Company (TAWAL) signed a contract valued at SAR 11.92 million, according to a bourse disclosure. The deal, which was penned on 11 June, covers the replacement of …

Riyadh – Mubasher: ROSHN Group, a real estate developer owned by the Saudi Public Investment Fund (PIF), has signed memorandum of understanding (MoU) with Arab National Bank, Bank Albilad, Bank AlJazira, and Riyad Bank. Under the MoUs, which were …