Multi Business Group Co. (9619)

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News

16 August 09:59 PM Multi Business Group receives purchase order from stc

Riyadh — Mubasher: Multi Business Group Company recently received a purchase order from Saudi Telecom Company (stc) on a project valued at more than 15% of the Nomu-listed group’s total revenues for the 2025 fiscal year. The contract involves …

Companies Investments

2 August 03:45 PM Multi Business Group registers nearly SAR 6m profits in H1-26

Riyadh — Mubasher: Multi Business Group Company recorded net profits of SAR 5.79 million for the six-month period ending 30 June 2026, up 32.95% from SAR 4.35 million in the first half (H1) of 2025. The profit growth came despite a 7.56% decline …

Financial Results

20 July 06:04 PM Multi Business Group renews SAR 10m funding with SNB

Riyadh — Mubasher: Multi Business Group Company announced the renewal of a Sharia-compliant credit facility agreement amounting to SAR 10 million with the Saudi National Bank (SNB), according to a bourse filing. The company finalized the necessary …

Banking and Finance

28 June 08:13 PM Tadawul adjusts Multi Business Group fluctuation limits following capital raise

Riyadh – Mubasher: The Saudi Exchange (Tadawul) has announced a technical adjustment to the trading parameters for Multi Business Group Company following the company’s Extraordinary General Meeting (EGM). The daily price fluctuation limits have …

Company News

28 June 07:33 PM Multi Business Group ratifies 200% capital increase through bonus shares

Riyadh – Mubasher: Multi Business Group Company has received shareholder approval for a significant capital restructuring following its Extraordinary General Assembly meeting held on 25 June 2026. The company’s investors voted in favor of a 200% …

Management Decisions

24 June 04:33 PM Multi Business Group launches e-voting on capital increase

Riyadh - Mubasher: Multi Business Group Company announced the commencement of electronic voting on the agenda items of its extraordinary general meeting (EGM), which include a proposal to increase the company's capital. The first EGM meeting is …

Corporate Actions

22 June 02:36 PM Multi Business Group terminates deal with Leejam Sports

Riyadh – Mubasher: Multi Business Group Company has announced a significant update regarding its contractual relationship with Leejam Sports Company, reporting the receipt of a formal notice to terminate a previously agreed-upon construction and …

Corporate Actions

4 June 10:43 AM Multi Business Group formally signs Saudi EXIM contract

Riyadh – Mubasher: Multi Business Group Company has announced the formal signing of an eight-month contract with the Saudi Export-Import Bank (Saudi EXIM) on 2 June 2026, according to a bourse disclosure. The partnership focuses on the …

Banking and Finance

3 June 08:07 PM Multi Business Group reveals update on contract with stc

Riyadh – Mubasher: Multi Business Group Company has announced a significant extension to its framework agreement with Saudi Telecom Company (stc) to remain valid until 31 December 2027, according to a bourse disclosure. Pushing the contract …

Company News

26 May 05:59 PM Multi Business Group to discuss 200% capital hike process in June

Riyadh – Mubasher: Multi Business Group Company has issued a formal invitation to its shareholders to attend an extraordinary general meeting (EGM) scheduled for 25 June 2026 to vote on a substantial capital increase through bonus shares. The …

Companies Investments

18 May 01:32 PM Multi Business Group secures contract with Saudi EXIM

Riyadh – Mubasher: Multi Business Group Company has officially announced the awarding of a substantial contract by the Saudi Export-Import Bank (Saudi EXIM) on 17 May 2026, according to a bourse filing. The project covers the comprehensive …

Banking and Finance

22 April 08:23 AM Atlas Elevators, Multi Business Group receive CMA’s approval for capital hike

Riyadh – Mubasher: The Capital Market Authority (CMA) approved the capital hike requests of Atlas Elevators General Trading and Contracting Company and Multi Business Group Company, according to bourse statements. Atlas Elevators intends to raise …

Management Decisions

18 June 2025 05:54 PM Multi Business extends 3-year agreement with stc

Riyadh - Mubasher: Multi Business Group Company has renewed its framework contract with Saudi Telecom Company (stc) for an additional three years. The agreement covers the restoration and improvement of work environments and outlets, according to …

Companies Investments

4 February 2025 02:34 PM Multi Business Group records 19% higher net profit in 2024

Riyadh – Mubasher: Multi Business Group Company reported a net profit of SAR 20.55 million in 2024, signalling a 19.06% year-on-year (YoY) increase from SAR 17.26 million. The revenue grew by 8.19% to SAR 135.04 million in January-December 2024 …

Financial Results

22 December 2024 07:02 PM Multi Business Group to refurbish Naif Arab University’s AI centre

Riyadh – Mubasher: Multi Business Group Company has signed a contract with Naif Arab University for Security Sciences to renovate its AI centre building. The contract was signed on 19 December 2024 at a value exceeding 10% of the company’s total …

Companies Investments