Al Majed Oud Co. (4165)

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News

27 October 03:19 PM Al Majed for Oud strengthens regional footprint via branch in ADGM

Riyadh - Mubasher: The board of Al Majed for Oud Company has approved the establishment of a branch in the Abu Dhabi Global Market (ADGM) to reinforce its regional presence, according to a bourse disclosure. Al Majed for Oud will adhere to the …

Companies Investments

20 October 09:10 AM Al Majed for Oud activates SAR 200m financing deal

Riyadh - Mubasher: Al Majed for Oud Company activated a SAR 200 million Shariah-compliant bank facility agreement with Al Rajhi Banking and Investment Corporation on 16 October. The funds aim to support the company’s operational activities and …

Banking and Finance

11 March 04:59 PM Al Majed Oud’s net profit nears SAR 157m in 2024; dividends recommended

Riyadh – Mubasher: Al Majed Oud Company recorded a 5.57% increase in net profit to SAR 156.95 million in 2024 from SAR 148.67 million a year earlier. The revenues grew by 19.88% year-on-year (YoY) to SAR 926 million as of 31 December 2024, …

Financial Results