Arabian Contracting Services Co. (4071)

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News

11 December 01:52 PM Al Arabia unveils SAR 179m project award with Tibah Airports Operation

Riyadh – Mubasher: Arabian Contracting Services Company (Al Arabia) won a bid from Tibah Airports Operation Company Limited for the advertising opportunity at the Prince Mohammad bin Abdulaziz Airport (PMIA) in Madinah on 10 December. The …

Companies Investments

12 November 05:36 PM Al Arabia’s revenues surge 19.5% in 9M-25

Riyadh – Mubasher: Arabian Contracting Services Company (Al Arabia) suffered net losses amounting to SAR 326.75 million in the first nine months (9M) of 2025. The negative performance was against net profits valued at SAR 192.45 million in 9M-24, …

Financial Results

30 September 10:31 AM Al Arabia’s Faden Media awarded SAR 68m project contract

Riyadh - Mubasher: Faden Media Company, a subsidiary of Arabian Contracting Services Company (Al Arabia), was awarded a SAR 68.25 million contract on 28 September. The agreement has been secured by Al Balad Al Ameen Company, the investment arm of …

Companies Investments

13 August 06:47 PM Al Arabia turns to SAR 108.5m losses in H1-25

Riyadh – Mubasher: Arabian Contracting Services Company (Al Arabia) shifted to net losses valued at SAR 108.45 million in the first half (H1) of 2025, against net profits of SAR 148.14 million in H1-24. Revenues stood at SAR 974.04 million in …

Financial Results

18 May 04:37 PM Al Arabia’s net profits exceed SAR 48m in Q1-25

Riyadh – Mubasher: Arabian Contracting Services Company (Al Arabia) recorded SAR 48.22 million in net profit during the first quarter (Q1) of 2025, an annual plunge of 52.16% from SAR 100.82 million. The revenues witnessed an annual growth of …

Financial Results

29 April 01:59 PM Al Arabia’s net profits fall 15% in 2024

Riyadh – Mubasher: Arabian Contracting Services Company (Al Arabia) logged 14.75% lower net profits at SAR 271.28 million as of 31 December 2024, compared to SAR 318.23 million in 2023. The revenues hiked by 31.72% year-on-year (YoY) to SAR 1.68 …

Financial Results

6 April 10:22 AM Al Arabia, Multiply Group to derive global expansion in advertising sector

Mubasher: Arabian Contracting Services Company (Al Arabia) and Multiply Group's media vertical teamed up to create a joint venture (JV) to invest in the global out-of-home (OOH) advertising sector. The 90-day memorandum of understanding (MoU) will …

Companies Investments

3 February 07:31 PM Al Arabia inks SAR 972m facility deal with SAB

Riyadh Mubasher: Arabian Contracting Services Company (Al Arabia) penned a long-term bank facility agreement valued at SAR 972 million with Saudi Awwal Bank (SAB) on 3 February. The company aims to refinance the acquisition loan to Faden Media to …

Banking and Finance

1 January 06:29 PM Al Arabia pens agreement with RGA with SAR 694m expected revenue

Riyadh Mubasher: Arabian Contracting Services Company (Al Arabia) has been awarded a contract to advertise on intercity roads in Saudi Arabia with total expected revenue valued at SAR 694.31 million. The Roads General Authority (RGA) inked the …

Companies Investments

21 October 2024 03:43 PM MBC Group sells SAR 416.5m equity ownership in Al Arabia

Riyadh Mubasher: MBC Group sold part of its stake in Arabian Contracting Services Company (Al Arabia) at an amount of SAR 416.50 million, according to a bourse disclosure. MBC Group sold 2.45 million, equivalent to 4.90% of Al Arabia's share …

Companies Investments

30 July 2024 08:56 AM CMA passes Al Arabia’s 10% capital increase

Riyadh – Mubasher: Arabian Contracting Services Company (Al Arabia) has obtained the approval of the Capital Market Authority (CMA) for a 10% capital raise. Al Arabia will grant one bonus share for every 10 owned shares to implement the capital …

Companies Investments

11 July 2024 10:39 AM Al Arabia teams up with SCAI to establish special purpose company

Riyadh – Mubasher: Arabian Contracting Services Company (Al Arabia) established a special purpose company Alarabia Alliances for Smart Advertisement, according to a bourse disclosure. The limited liability company was created in partnership with …

Companies Investments

2 June 2024 10:14 AM Banque Saudi Fransi, Al Arabia eye capital increase via bonus shares

Riyadh – Mubasher: The board members of Banque Saudi Fransi and Arabian Contracting Services Company (Al Arabia) proposed a capital hike by granting bonus shares, according to bourse disclosures. The bank will raise its capital through the …

Management Decisions

19 May 2024 01:34 PM Al Arabia records 11% YoY profit increase in Q1-24

Riyadh – Mubasher: Arabian Contracting Services Company (Al Arabia) achieved an 11.01% year-on-year (YoY) jump in net profit to SAR 100.82 million in the first quarter (Q1) of 2024 from SAR 90.82 million. Revenues leapt by 40.56% YoY to SAR 439.07 …

Financial Results

31 March 2024 03:52 PM Al Arabia inks 15-year agreement with Umm Al Qura Development

Riyadh – Mubasher: Arabian Contracting Services Company (Al Arabia) signed an advertising concession agreement with Umm Al Qura Development and Construction Company for the installation and operation of the billboards within the Masar master plan …

Companies Investments

31 March 2024 11:51 AM Al Arabia logs over SAR 318m profits in 2023

Riyadh – Mubasher: Arabian Contracting Services Company (Al Arabia) posted net profits of SAR 318.23 million in 2023, an annual leap of 15.85% compared to SAR 274.70 million. Revenues amounted to SAR 1.27 billion last year, versus SAR 1.12 billion …

Financial Results

16 January 2024 11:32 AM Al Arabia awards AED 523m billboard contract in Dubai

Riyadh - Mubasher: Arabian Contracting Services Company (Al Arabia) awarded Al Arabia OOH Digital Company a project contract at a value of AED 522.83 million (SAR 533.85 million) on 15 January 2024. The deal covers installing, operating, and …

Companies Investments

23 November 2023 04:52 PM Al Arabia acquires Faden Media for over SAR 1bn

Riyadh - Mubasher: Arabian Contracting Services Company (Al Arabia) recently announced completing the 100% equity acquisition of Faden Media for a total value of SAR 1.05 billion. Al Arabia is currently working to meet the conditions set by the …

Mergers and Acquisitions

13 November 2023 11:29 AM Al Arabia’s net profits soar 23% in 9M-23

Riyadh – Mubasher: Arabian Contracting Services Company (Al Arabia) posted net profits of SAR 238.79 million in the first nine months (9M) of 2023, a jump of 23.36% compared to SAR 193.57 million in 9M-22. The company’s revenues increased by …

Financial Results

16 October 2023 11:43 AM Al Arabia obtains loans from 3 Saudi lenders

Riyadh – Mubasher: Arabian Contracting Services Company (Al Arabia) has secured a long-term Murabaha facilities agreement at a combined value of SAR 1.05 million, according to a bourse filing. Al Arabia obtained SAR 350 million from Banque Saudi …

Market News

3 October 2023 03:38 PM Al Arabia signs billboard contract for Egypt's North Coast

Riyadh – Mubasher: Arabian Contracting Services Company (Al Arabia) signed a one-year licensing contract on 21 September 2023, through its arm Arabiya United for Advertising Service, to install and operate billboards in Alamein City on the North …

Companies Investments

21 August 2023 11:13 AM Al Arabia obtains regulatory nod for SAR 1bn acquisition deal

Riyadh – Mubasher: Arabian Contracting Services Company (Al Arabia) has received conditional approval from the General Authority for Competition to fully acquire Faden Media for SAR 1.05 billion. Al Arabia highlighted that the transaction is …

Companies Investments

13 August 2023 03:49 PM Al Arabia sees 38% higher net profits in H1-23

Riyadh – Mubasher: Arabian Contracting Services Company (Al Arabia) generated SAR 175.86 million in net profit after Zakat and tax during the first half (H1) of 2023, marking a 37.73% jump from SAR 127.68 million in H1-22. Revenues amounted to SAR …

Financial Results

8 June 2023 09:15 AM Al Arabia awarded contract to install billboards in Eastern Province

Riyadh – Mubasher: Arabian Contracting Services Company (Al Arabia) won a bid to establish, operate, maintain, and install billboards in Dammam Metropolitan for 10 years, according to a bourse disclosure. A total of 1,007 varied billboards will be …

Companies Investments

24 May 2023 00:38 PM Al Arabia’s net profits near SAR 91m in Q1-23

Riyadh – Mubasher: Arabian Contracting Services Company (Al Arabia) registered net profits after Zakat and tax amounting to SAR 90.82 million in the first quarter (Q1) of 2023, an annual jump of 39.96% from SAR 64.89 million. Revenues climbed by …

Financial Results