Arabian Contracting Services Co. (ALARABIA) News - Mubasher Info
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Arabian Contracting Services Co. (4071)

Last update: 23 May 03:17 PM market time.
213.40
10.40
5.12%
Open 223.40
Previous Close 203.00
High 223.40
Low 213.00
Stock Statistics
Volume 177,738
Turnover 38,305,481.80
All data are 15 minutes late during market session

News

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19 May 02:34 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 …
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31 March 04:52 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 …
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31 March 12:51 PM 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 …
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16 January 12:32 PM 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 …
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23 November 2023 05:52 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 …
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13 November 2023 00:29 PM 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 …
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16 October 2023 00:43 PM 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 …
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3 October 2023 04:38 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 …
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21 August 2023 00:13 PM 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 …
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13 August 2023 04:49 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 …
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8 June 2023 10:15 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 …
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24 May 2023 01:38 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 …
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22 May 2023 11:27 AM Al Arabia unveils SAR 20m cash dividends for H2-22
Riyadh – Mubasher: The board members of Arabian Contracting Services Company (Al Arabia) proposed cash dividends worth SAR 20 million, representing 4% of the capital, for the second half (H2) of 2022. The Saudi firm would pay out a dividend of SAR …
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28 March 2023 00:51 PM Al Arabia announces new key appointments
Riyadh – Mubasher: Arabian Contracting Services Company (Al Arabia) named Abdelelah Abdulrahman Saleh Alkhereiji as the new Chairman of the board for the next three years. The Saudi firm also appointed Mohamed Abdelelah Abdulrahman Alkhereiji as …
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20 March 2023 01:06 PM Al Arabia’s profits surge 33% in 2022 results
Riyadh – Mubasher: The net profits after Zakat and tax of Arabian Contracting Services Company (Al Arabia) reached SAR 274.70 million in 2022, up 33.19% year-on-year (YoY) from SAR 206.24 million. Revenues amounted to SAR 1.12 billion last year, a …
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1 January 2023 05:00 PM Due diligence for Al Arabia’s deal in Egypt near completion
Riyadh – Mubasher: Arabian Contracting Services Company (Al Arabia) unveiled that the due diligence process as well as the study aspects of cooperation between the involved parties for its project in Egypt are at the final stages to reach an …
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8 November 2022 06:57 PM Al Arabia’s profits jump to SAR 193.5m in 9M-22 initial results
Riyadh – Mubasher: Arabian Contracting Services Company (Al Arabia) generated SAR 193.57 million net profit after Zakat and tax during the first nine months (9M) of 2022, higher by 42.70% than SAR 135.65 million in 9M-21. The revenues enlarged by …
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12 October 2022 02:44 PM Al Arabia to fully acquire Faden Media for over SAR 1bn
Riyadh – Mubasher: Arabian Contracting Services Company (Al Arabia) has entered into a purchase agreement to acquire Faden Media’s entire shares at a total value of SAR 1.05 billion. Al Arabia will pay 70% of the transaction value upon completing …
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5 October 2022 06:54 PM Al Arabia to disburse SAR 1.9/shr as H1-22 dividend in October
Riyadh – Mubasher: The shareholders of Arabian Contracting Services Company (Al Arabia) passed the board’s recommendation to pay SAR 1.90 per share as a cash dividend for the first half (H1) of 2022. During their ordinary general meeting (OGM) on …
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4 September 2022 04:24 PM Al Arabia’s board suggests SAR 95m dividends for H1-22
Riyadh – Mubasher: The board of Arabian Contracting Services Company (Al Arabia) has recommended a cash dividend payment worth SAR 95 million for the first half (H1) of 2022, according to a bourse filing on Sunday. Al Arabia would pay SAR 1.90 per …
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4 September 2022 00:14 PM Al Arabia to pen deal to install billboards in Egypt in Q4-22
Riyadh - Mubasher: Arabian Contracting Services Company (Al Arabia) said the expected date for signing the licensing contract to install billboards on Egypt’s north coast would be at the end of the fourth quarter (Q4) of 2022 instead of 1 …
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25 August 2022 01:57 AM Al Arabia’s profits exceed SAR 127m in H1-22 financials
Riyadh – Mubasher: Arabian Contracting Services Company (Al Arabia) logged net profits after Zakat and tax worth SAR 127.68 million during the first half (H1) of 2022, an annual leap of 62.51% from SAR 78.56 million. Revenues stood at SAR 551.03 …
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4 August 2022 03:24 PM Saudi Al Arabia to install digital billboards in Egypt for SAR 9.3m
Riyadh - Mubasher: Arabian Contracting Services Company (Al Arabia) has been awarded a licensing contract worth SAR 9.26 million (EGP 46.79 million) to install billboards on Egypt’s north coast. Under the deal, Al Arabia will exploit 17 sites to …
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19 May 2022 07:16 PM Arabian Contracting Services’ profits leap 119% in Q1-22 interim financials
Riyadh – Mubasher: Arabian Contracting Services Company (Al Arabia) has witnessed a 119.03% hike in net profit after Zakat and tax to SAR 64.89 million in the first quarter (Q1) of 2022, compared to SAR 29.62 million in Q1-21. The company …
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17 March 2022 08:28 PM Al Arabia to rent 40 digital billboards for SAR 1bn
Riyadh – Mubasher: Arabian Contracting Services Company (Al Arabia) has signed a contract to rent 40 digital billboards that will be installed on bridges and tunnels in Jeddah at a value of SAR 1 billion. The contract duration is 10 years from the …