Maharah Human Resources Co (1831)

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News

2 September 01:01 PM Maharah unveils financial statements for Saudi Health Systems

Riyadh – Mubasher: Masar Al Numu Investment Company, a unit of Maharah Human Resources Company, received the financial statements for its associate, Saudi Health Systems, on 1 September. Masar Al Numu Investment Company holds a 40% stake in the …

Company News

17 August 10:49 AM Maharah to pay SAR 45.5m cash dividends for H1-26

Riyadh – Mubasher: Maharah Human Resources Company’s board of directors has approved the distribution of SAR 45.58 million in interim cash dividends to shareholders for the first half (H1) of 2026. The payout represents 8% of the share's nominal …

Board of Directors

16 August 08:58 AM Maharah posts 49% higher net profits in H1-26

Riyadh – Mubasher: Maharah Human Resources Company announced its preliminary financial results for the period that ended on 30 June 2026, reporting a net profit of SAR 132.31 million. This represents a 48.91% increase compared to the SAR 88.85 …

Financial Results

22 July 01:41 PM Maharah completes fractional share sale after capital raise

Riyadh – Mubasher: Maharah Human Resources Company has completed the fractional share sale process and the subsequent distribution of proceeds to eligible shareholders. The company sold 14,224 fractional shares at an average price of SAR 5.02 per …

Company News

30 June 03:46 PM Maharah’s shareholders approve 26.5% capital hike

Riyadh – Mubasher: Maharah Human Resources Company announced that its shareholders approved a significant 26.32% capital increase during an Extraordinary General Meeting (EGM) held on 29 June 2026. The capital hike, which will be executed through …

Corporate Actions

25 June 01:50 PM Maharah opens e-voting for capital raise recommendation

Riyadh – Mubasher: Maharah Human Resources Company has officially announced the commencement of electronic voting for its upcoming Extraordinary General Assembly meeting (EGM), where shareholders will deliberate on a proposed increase in the …

General Assembly

3 June 04:05 PM Maharah Human Resources invites shareholders to vote on 26% capital increase

Riyadh – Mubasher: Maharah Human Resources Company invited its shareholders to attend the extraordinary general meeting (EGM), to be held on 29 June, and vote on a 26.32% capital hike. The company aims to increase its total capital from SAR 475 …

General Assembly

17 May 02:16 PM Saudi CMA approves Maharah’s request for 26.32% capital raise

Riyadh – Mubasher: The Capital Market Authority (CMA) of Saudi Arabia has officially approved for Maharah Human Resources Company to increase its total capital from SAR 475 million to SAR 600 million through bonus shares to the company’s existing …

Board of Directors

19 April 01:21 PM Maharah’s board unveils dividends for H2-25; capital increase proposed

Riyadh - Mubasher: The board members of Maharah Human Resources Company approved the distribution of SAR 58.63 million in cash dividends, representing 13% of its SAR 475 million capital, for the second half (H2) of 2025. The Saudi company will …

General Assembly

9 November 2025 03:25 PM Maharah achieves higher net profits at SAR 133m in 9M-25

Riyadh - Mubasher: Maharah Human Resources Company delivered net profits valued at SAR 133.31 million in the first nine months (9M) of 2025, reflecting a 7.38% rise from SAR 124.14 million in 9M-24. The earnings per share (EPS) grew to SAR 0.30 as …

Financial Results

27 October 2025 11:28 AM Dallah Healthcare, Maharah signs MoU for 41% equity in Care Shield

Riyadh - Mubasher: Dallah Healthcare Company has signed a non-binding memorandum of understanding (MoU) with Growth Avenue Investment Company, a wholly-owned subsidiary of Maharah Human Resources Company. The MoU aims to explore the potential …

Companies Investments

23 May 2024 11:25 AM 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 …

Corporate Actions

15 May 2024 02:17 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 …

Financial Results

31 March 2024 01:13 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, …

Cash Dividends

31 August 2023 02:37 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 …

Financial Results

28 August 2023 00:41 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 …

Cash Dividends

30 April 2023 00:39 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 …

Companies Investments

8 March 2023 04:13 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 …

Management Decisions

5 January 2023 08:03 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 …

Companies Investments

29 September 2022 08:33 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 …

Companies Investments

28 September 2022 03:01 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 …

Companies Investments

21 September 2022 03:51 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% …

Companies Investments

30 August 2022 00:42 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, …

Cash Dividends

28 August 2022 08:57 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 …

Companies Investments

21 August 2022 09:34 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 …

Mergers and Acquisitions