Maharah Human Resources Co (MAHARAH) News - Mubasher Info
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Maharah Human Resources Co (1831)

Last update: 10 November 2029 03:18 PM market time.
6.08
-59.92
-90.79%
Open 6.12
Previous Close 66.00
High 6.17
Low 6.08
Stock Statistics
Volume 1,695,866
Turnover 10,360,508.08
All data are 15 minutes late during market session

News

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23 May 12:25 PM Maharah Human Resources unveils 2 key appointments
Riyadh – Mubasher: Maharah Human Resources Company has appointed Abdullah Sulaiman Al Amro as the board’s Chairman. Ahmed Saleh Al Humaidan was announced as the Vice Chairman, according to a bourse disclosure. The board members elected the two …
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15 May 03:17 PM Maharah Human Resources records 55% profit hike in Q1-24
Riyadh – Mubasher: The net profit of Maharah Human Resources Company leapt by 55.03% year-on-year (YoY) to SAR 50.03 million in the first quarter (Q1) of 2024 from SAR 32.27 million. Revenues grew 12.22% YoY to SAR 518.52 million in Q1-24 from SAR …
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31 March 02:13 PM Maharah’s net profit shrinks 15% YoY in 2023; dividends recommended
Riyadh – Mubasher: The net profit of Maharah Human Resources Company declined by 14.83% year-on-year (YoY) to SAR 96.34 million in 2023 from SAR 113.12 million. Revenues grew 12.26% YoY to SAR 1.89 billion last year from SAR 1.68 billion, …
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31 August 2023 03:37 PM Maharah unveils SAR 3bn project award from Saudi government
Riyadh – Mubasher: The Saudi Health Systems Company, an associate firm of Maharah Human Resources Company, was awarded a project contract valued at SAR 3.04 billion from the Saudi government. Saudi Health Systems Company will provide cooked meals …
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28 August 2023 01:41 PM Maharah to pay SAR 45m cash dividends for H1-23
Riyadh – Mubasher: Maharah Human Resources Company announced the board’s decision to disburse cash dividends amounting to SAR 45 million, equivalent to 10% of its capital, for the first half (H1) of 2023. A dividend of SAR 1 per share will be …
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30 April 2023 01:39 PM Maharah obtains regulatory nod for capital hike
Riyadh – Mubasher: The Capital Market Authority (CMA) greenlighted Maharah Human Resources Company’s request to raise its capital by offering one bonus share for every five owned shares. The new capital will stand at SAR 475 million distributed …
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8 March 2023 05:13 PM Maharah’s board eyes EGP 100m capital raise via bonus shares
Riyadh – Mubasher: The board of Maharah Human Resources Company proposed to increase the capital by 26.67% to SAR 475 million from SAR 375 million, according to a bourse filing. The number of shares will reach 47.50 million shares, compared to …
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5 January 2023 09:03 PM Maharah’s unit Growth Avenue acquires 20% stake in SororApp
Riyadh – Mubasher: Growth Avenue Investment Company, a subsidiary of Maharah Human Resources Company, acquired 20% equity in Riyadh-based SororApp on 29 December 2022. Established in 2020, the platform aims to offer on-demand home services in …
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29 September 2022 09:33 PM Maharah’s unit closes stake acquisition of Care Shield for SAR 307m
Riyadh – Mubasher: Growth Avenue Investment Company, a wholly-owned subsidiary of Maharah Human Resources Company, acquired 41.36% equity in Care Shield Holding Company for SAR 307.11 million. Maharah pointed out that 35% of the transaction was …
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28 September 2022 04:01 PM Maharah secures SAR 200m loan from Al Rajhi Bank
Riyadh – Mubasher: Maharah Human Resources Company obtained a long-term Sharia-compliant Murabaha loan worth SAR 200 million from Al Rajhi Bank on 27 September 2022. The company will use the facility to finance its future acquisitions, according …
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21 September 2022 04:51 PM Al Sagr Cooperative to provide health insurance services to Maharah
Riyadh – Mubasher: Al Sagr Cooperative Insurance Company received on 8 September 2022 an order from Maharah Human Resources Company to provide health insurance services for the company's employees and their families. The contract value exceeds 5% …
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30 August 2022 01:42 PM Maharah to distribute 12.5% dividends for H1-22
Riyadh – Mubasher: Maharah Human Resources Company’s board of directors approved distributing SAR 46.87 million in cash dividends to shareholders for the first half (H1) of 2022. The company will disburse SAR 1.25 per share in H1-22 dividends, …
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28 August 2022 09:57 AM Maharah’s unit obtains GAC’s approval on Care Shield acquisition
Riyadh – Mubasher: Maharah Human Resources Company said its fully-owned subsidiary, Growth Avenue Investment Company (GAC), received a certificate of "no obligation to report" from the General Authority of Competition (GAC) regarding the …
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21 August 2022 10:34 AM Maharah obtains SAR 362.5m loans from Al Rajhi Bank, SABB
Riyadh – Mubasher: Maharah Human Resources Company has secured long-term Sharia-compliant Murabaha loans from Al Rajhi Bank and Saudi British Bank (SABB) to finance the company's future acquisitions. Maharah obtained a long-term loan of SAR 181.50 …
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16 August 2022 10:03 AM Maharah pens SAR 306.4m deal with Saudi Binladin Group
Riyadh – Mubasher: Maharah Human Resources Company has signed a SAR 306.41 million contract with Saudi Binladin Group to provide manpower services. The manpower services will be provided to one of Binladin Group's major contracting projects in …
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23 March 2022 07:30 PM Maharah’s subsidiary eyes 40% stake in Saudi Medical System
Riyadh – Mubasher: Growth Avenue Investment Company (GAG), a subsidiary of Maharah Human Resources Company, has signed a non-binding memorandum of understanding (MoU) to acquire a 40% stake in Saudi Medical System Company. The two parties have …
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9 January 2022 02:37 PM Maharah’s subsidiary receives non-objection nod for stake takeover
Riyadh – Mubasher: Growth Avenue Investment Company (GAG), a subsidiary of Maharah Human Resources Company, has received on 6 January a non-objection statement from the General Authority of Competition to proceed with the equity acquisition of …
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22 December 2021 04:20 PM Maharah names Alkathiry as new CEO
Riyadh – Mubasher: The board of Maharah Human Resources Company has appointed Abdulaziz Edah Alkathiry as the new CEO. Alkathiry has assumed the role on 22 December, according to a bourse filing on Wednesday. It is worth noting that Alkathiry has …
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30 November 2021 09:46 AM Maharah’s unit signs MoU to acquire 40% of Salis For Trading and Marketing
Riyadh – Mubasher: Growth Avenue Investment Company, a wholly-owned subsidiary of Maharah Human Resources Company, has signed a Memorandum of Understanding (MoU) to acquire a 40% stake in Salis For Trading and Marketing Company. The transaction is …
The company will conduct full due diligence
28 September 2021 03:24 PM Maharah’s unit inks MoU to acquire 85% of Alshifa Al Arabia
Riyadh – Mubasher: Growth Avenue Investment Company, a wholly-owned subsidiary of Maharah Human Resources Company, has signed a Memorandum of Understanding (MoU) to acquire an 85% stake in Alshifa Al Arabia Medical Company. Alshifa Al Arabia …
Maharah announced the distribution date as 2 September
17 August 2021 10:02 AM Maharah to distribute SAR 1.75/shr dividend for H1-21
Riyadh – Mubasher: Maharah Human Resources Company will pay a cash dividend worth SAR 1.75 per share, representing 17.5% of the share’s par value, for the first half (H1) of 2021. The company will distribute a total amount of SAR 65.62 million for …
Earnings per share amounted to SAR 1.87 in H1-21
9 August 2021 00:26 PM Maharah posts 34% decline in H1-21 profits
Riyadh – Mubasher: Maharah Human Resources Company logged a net profit after Zakat and tax of SAR 70.03 million in the first half (H1) of 2021, lower by 34.3% than SAR 106.68 million in H1-20. Revenues decreased by 13% to SAR 644.23 million in …
Maharah and Spectra also entered into a settlement agreement
5 August 2021 10:51 AM Maharah concludes acquisition of Spectra Support Services
Riyadh – Mubasher: Maharah Human Resources Company has completed the acquisition and transfer of 90% of Spectra Support Services Company’s shares, according to a bourse filing on Thursday. Maharah and Spectra also entered into a settlement …
Al Kathiry has been Maharah’s Vice President of Sales and Operations
14 June 2021 10:34 AM Maharah Human appoints Acting CEO
Riyadh – Mubasher: The board of Maharah Human Resources Company decided to appoint Abdulaziz Edah Al Kathiry as the Acting CEO as of 15 June 2021 and until further notice. Al Kathiry has been Maharah’s Vice President of Sales and Operations, …
The new Chairman has been appointed for a three-year term
14 April 2021 00:15 PM Maharah appoints new Chairman, Vice Chairman
Riyadh – Mubasher: Maharah Human Resources Company announced the appointment of Sulaiman Abdulaziz Al Majed as the new Chairman of the board, starting 1 May 2021 and for a three-year term. The company has also appointed Abdullah Sulaiman Al Amro …