National Building and Marketing Co (9510)

Riyadh – Mubasher: National Building and Marketing Company has extended a Sharia-aligned bank facilities agreement with Alinma Bank as signed on 16 April 2024. The revolving loan is valued at SAR 85 million and holds a nine-month tenor, according …

Riyadh – Mubasher: National Building and Marketing Company obtained an Islamic tawarruq financing worth SAR 50 million from Riyad Bank on 28 December 2022. The firm will use the proceeds of the funding to finance its working capital and back its …

Riyadh – Mubasher: National Building and Marketing Company announced that the capital of NOMW Al Ahsa Real Estate Development Fund has been increased by SAR 30 million to SAR 130 million instead of SAR 100 million. At the closure of the private …

Riyadh - Mubasher: The board of National Building and Marketing Company has approved the resignation of Ajeej Steel Manufacturing Company’s CEO, Fahad Al Thunayan, starting from 15 March. Al Thunayan submitted his resignation due to personal …

Riyadh – Mubasher: Ajeej Steel Manufacturing Company, a subsidiary of National Building and Marketing Company, has signed a final agreement with the Saudi Industrial Development Fund (SIDF), on 28 December, to restructure SAR 88.1 million worth of …

Riyadh – Mubasher: National Building and Marketing Company has completed, on 22 December, the establishment of its new enterprise under the name Yuzhmash Industry Limited Liability Company with a capital of SAR 100,000. The new company specialises …

Riyadh – Mubasher: National Building and Marketing Company has signed a Sharia-compliant credit facility agreement worth SAR 100 million with Riyad Bank. The loan duration is three months starting 20 September 2021, according to a bourse …

Riyadh – Mubasher: National Building and Marketing Company announced net profits after ZAkat and tax worth SAR 25.09 million in the first half (H1) of 2021, a leap of 223.5% from SAR 7.75 million in H1-21. Earnings per share rose to SAR 2.09 in …

Riyadh – Mubasher: National Building and Marketing Company has signed an agreement with NOMW Capital to launch a private investment fund at a capital of SAR 100 million, of which the listed firm will hold 50% stake. The fund, dubbed as NOMW Al …

Riyadh – Mubasher: National Building and Marketing Company has signed a contract to sell equipment and machinery to Trolley Carriage and Iron Works Factory Company. The transaction value stood at SAR 68.32 million, according to a bourse filing. …

Riyadh – Mubasher: Ajeej Steel Manufacturing Company, a wholly owned subsidiary of National Building and Marketing Company, has signed a contract worth SAR 180 million on 15 August. Ajeej will sell steel blooms that are manufactured by National …

Riyadh – Mubasher: National Building and Marketing Company has signed a loan agreement with Riyad Bank to secure SAR 45 million worth of revolving facilities. The financial amount, which will be renewed on an annual basis, aims to finance the …

Riyadh – Mubasher: National Building and Marketing Company has agreed with Ukraine-based Yuzhmash International Company to extend the Memorandum of Understanding (MoU), signed on 3 May to establish a limited liability military industries company …

Riyadh – Mubasher: National Building and Marketing Company has withdrawn its request to move to the main market of the Saudi Exchange (Tadawul), according to a bourse disclosure on Sunday. The company said it has to complete some procedures to …

Riyadh – Mubasher: National Building and Marketing Company has submitted its request to move to the main market of the Saudi Exchange (Tadawul) under the Tadawul All Share Index (TASI). The company is currently listed and trading on the parallel …

Riyadh – Mubasher: The board of the National Building and Marketing Company nodded on 12 April to move its trading activities to the main market of the Saudi Exchange (Tadawul), according to a disclosure on Monday. Listing on the main market is …

Riyadh - Mubasher: Ajeej Steel Manufacturing Company, a fully-owned subsidiary of National Building and Marketing Company, purchased an electricity production station at a total value of SAR 10 million. The power facility, which runs with fuel, …

Riyadh – Mubasher: The board of National Building and Marketing Company decided on 8 April to not disburse cash dividends to shareholders for 2020, according to a disclosure to Tadawul. Earlier this week, National Building inked a SAR 63.22 …

Riyadh – Mubasher: National Building and Marketing Company signed on 5 April an investment contract worth SAR 63.22 million for a 10,000-square-meter educational facility in Riyadh. The duration of the deal is 35 years, of which the first 25 years …

Riyadh - Mubasher: National Building and Marketing Company has completed the acquisition of Ajeej Steel Manufacturing Co's entire shares of the capital in exchange for SAR 180 million, according to a bourse filing on Wednesday. In early March, the …

Riyadh – Mubasher: The National Building and Marketing Company signed an agreement to acquire the full shares of Ajeej Steel Manufacturing Co’s capital for SAR 180 million. The transaction is in line with National Building’s strategies for growth …

Riyadh – Mubasher: The National Building and Marketing Company’s board of directors approved naming Meshaal bin Abdul Rahman AlOqla as the company’s new CEO.  The appointment decision will come into effect on 8 February 2021. AlOqla holds a …

Riyadh – Mubasher: The National Building and Marketing Company’s board has accepted the resignation of the company’s CEO, Mohammed Saleh Abdulazez Alawad, during its meeting held on 25 January 2021. The resignation of Alawad was submitted due to …

Riyadh – Mubasher: The National Building and Marketing Company’s extraordinary general meeting (EGM) approved the board’s recommendation to raise the company's capital by 100% to SAR 120 million from SAR 60 million. The move aims to support and …

Riyadh – Mubasher: The National Building and Marketing Company has renewed a memorandum of understanding (MoU) to acquire a 50% stake in German Saudi Company for Industry for SAR 200 million. The MoU has been extended for an additional three …