Jahez International Company for Information System Technology (6017)

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News

9 November 12:49 PM Jahez’s net profits decrease to SAR 121.5m in 9M-25; orders reach 81m

Riyadh - Mubasher: Jahez International Company for Information Systems Technology (Jahez) logged 1.05% lower net profits at SAR 121.50 million in the first nine months (9M) of 2025, compared to SAR 122.80 million in 9M-24. The earnings per share …

Financial Results

2 November 07:43 PM EFG Hermes advises Jahez on $245m majority stake acquisition in Qatar’s Snoonu

Cairo - Mubasher: EFG Hermes, an EFG Holding company, acted as the buy-side advisor to Jahez International Company for Information Systems Technology (Jahez) on its $245 million acquisition of a 76.56% stake in Snoonu Holding Company (Snoonu). The …

Mergers and Acquisitions

7 October 08:26 AM Jahez finalizes 1st phase of Snoonu acquisition

Riyadh - Mubasher: Jahez International Company for Information System Technology (Jahez) has completed the first phase of its acquisition of Snoonu Corporation, acquiring 75% of its share capital, equivalent to 7.90 million shares. The purchase …

Companies Investments

20 August 08:51 AM Jahez secures SAR 150m Sharia-compliant loan from NBB

Riyadh - Mubasher: Jahez International Company for Information System Technology (Jahez) has secured Sharia-compliant credit facilities worth SAR 150 million from the National Bank of Bahrain (NBB). The eight-year financing agreement was signed on …

Companies Investments

10 July 08:06 AM Saudi Jahez fuels regional expansion via 76.5% stake acquisition in Snoonu

Riyadh – Mubasher: Jahez International Company for Information System Technology has signed a share purchase and subscription agreement (SPSA) to acquire a 76.56% stake in Snoonu, Qatar’s fastest-growing technology and on-demand delivery company. …

Global Economy

7 July 2024 02:47 PM Jahez International requests transfer to Tadawul’s main market

Riyadh – Mubasher: Jahez International Company for Information System Technology has submitted an official request to transfer from the Parallel Market to the Main Market of the Saudi Exchange (Tadawul). The request was submitted on 7 July 2024 …

Trading Activities

13 June 2024 10:07 AM Jahez rolls out SAR 150m purchase deal

Riyadh – Mubasher: Jahez International Company for Information System Technology purchased real estate in Riyadh at a value of SAR 150 million, according to a bourse statement. Located in Almohammadiyah district in Riyadh, the land has a …

Real estate

9 January 2023 05:53 PM Alsaif Gallery, Jahez launch expansion plans in Gulf

Riyadh – Mubasher: Al Saif Stores for Development and Investment Company (Alsaif Gallery) and Jahez International Company for Information System Technology unveiled plans to expand their business in Kuwait and across the GCC. Alsaif Gallery rented …

Companies Investments

8 January 2023 01:59 PM Jahez completes acquisition of Marn Business

Riyadh – Mubasher: Jahez International Company for Information System Technology has fully acquired Marn Business Information Technology Company’s shares at a value of SAR 60 million. Jahez concluded the transaction on 4 January 2023 after …

Mergers and Acquisitions

1 December 2022 05:45 PM Jahez fully acquires The Chefz for SAR 650m, to raise capital

Riyadh – Mubasher: Jahez International Company for Information System Technology has fully acquired food delivery platform The Chefz after purchasing 134,620 shares for SAR 650 million. In order to carry out the transaction, Jahez will increase …

Companies Investments

5 October 2022 05:42 PM Jahez to fully acquire Marn Business for SAR 60m

Riyadh – Mubasher: Jahez International Company for Information System Technology signed a share purchase agreement with Marn Business Information Technology Company to acquire the latter’s entire shares for SAR 60 million. The transaction, which …

Companies Investments

21 March 2022 01:53 PM Jahez records 195% leap in 2021 net profits

Riyadh – Mubasher: Jahez International Company for Information System Technology has logged net profits after Zakat and tax worth SAR 117.07 million in 2021, an annual jump of 194.96% from SAR 39.69 million. The revenues soared by 165.80%, …

Financial Results