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3 June 04:17 PM Saudi Nahdi Medical, Checkout.com expand digital payment solutions in GCC region
Riyadh – Mubasher: Nahdi Medical Company entered into a partnership with Checkout.com to integrate its payment acquiring and processing technology into the company’s online platforms, according to a press release. The collaboration aims at …
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2 June 08:06 PM Tadawul adjusts fluctuation limits for Asas Makeen following bonus share approval
Riyadh – Mubasher: The Saudi Exchange (Tadawul) recently announced that the fluctuation limits for Asas Makeen Real Estate Development and Investment Company had been set based on a share price of SAR 26.64, according to a bourse disclosure. The …
Asas Makeen Real Estate Development and Investment Company
2 June 06:51 PM Asas Makeen plans 200% capital hike through bonus shares
Riyadh – Mubasher: Asas Makeen Real Estate Development and Investment Company announced that its shareholders ratified increasing the capital by 200% through two bonus shares for every one owned share, according to a bourse disclosure. During the …
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1 June 03:30 PM CMA approves public offering of Al Rajhi GCC Equity Income Fund
Riyadh - Mubasher: The Capital Market Authority (CMA) has approved the public offering of the Al Rajhi GCC Equity Income Fund, which will be managed and offered by Al Rajhi Capital, a subsidiary of Al Rajhi Bank. The approval allows the fund to be …
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1 June 10:07 AM Sport Clubs names non-executive board member for current term
Riyadh – Mubasher: Sport Clubs Company has appointed Sara Abdulaziz Almodaimigh as a non-executive board member for the current board term, which ends on 25 September 2027. Her membership commenced on 1 June 2026, according to a bourse statement. …
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31 May 11:18 AM Al Etihad Cooperative Insurance now licensed for new product serving visitors to Saudi Arabia
Riyadh – Mubasher: Al Etihad Cooperative Insurance Company has obtained the final approval from the Saudi Insurance Authority (IA) to market and sell its new Tourist Insurance product, according to a bourse filing. The insurance solution is …
Mobily, Ericsson collaborate for 20 years during Hajj season
28 May 05:33 PM Mobily, Ericsson collaborate for 20 years during Hajj season
Riyadh – Mubasher: Etihad Etisalat Company (Mobily) and Ericsson have marked 20 years of collaboration in supporting connectivity for pilgrims during Hajj season, enhanced with expanded 5G capacity and AI-based capabilities this year. The …
5G Flying Site service by stc
28 May 03:56 PM stc offers integrated digital services during Hajj season
Riyadh – Mubasher: Saudi Telecom Company (stc) Group provided pilgrims during this year’s Hajj season with a comprehensive suite of technical and digital infrastructure in the holy sites, according to a press release. The telecom operator aimed at …
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28 May 11:19 AM Region-focused fintech firm Network International fast tracks FABMISR digital payments
Cairo – Mubasher: First Abu Dhabi Bank Misr (FABMISR), one of the largest banks operating in Egypt and a subsidiary of the UAE listed FAB, recently entered into a strategic partnership agreement with leading fintech company across the Middle East …
Saudi Telecom Company (stc)
28 May 11:10 AM stc delivers one of world’s record performances on Arafah Day
Riyadh – Mubasher: The giant Saudi Telecom Company (stc) group stated that it successfully delivered one of the world’s most demanding digital and operational performances on the Day of Arafah, which occurred on 26 May 2026. The Saudi telecom …
Al Rashid Industrial Company
27 May 02:06 PM Al Rashid Industrial to vote on 50% capital hike recommendation, GCC-based transaction
Riyadh – Mubasher: The board members of Al Rashid Industrial Company officially invited its shareholders to attend the extraordinary general meeting (EGM) on 17 June 2026 to vote on the primary agenda for the session that involves a capital …
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27 May 11:14 AM Fadeco boosts regional footprint by entering 2 markets
Riyadh – Mubasher: Arabian Food & Dairy Factories Company (Fadeco) announced the commencement of its product exports to Iraq and Djibouti, according to a bourse disclosure. This strategic move marks a significant step in the company’s regional …
Saudi Arabian Oil Company (Aramco)
25 May 04:16 PM Aramco transfers full ownership in PRefChem to Petronas
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) and Petroliam Nasional Berhad (Petronas) have signed an agreement for the transfer of Aramco’s equity stakes in Pengerang Refining Company Sdn. Bhd. and Pengerang Petrochemical Company Sdn. …
Alef Education Holding and TMRW Edtech
24 May 09:55 AM AI-powered education solutions in GCC, MENA endorsed via EdTech agreement
Abu Dhabi - Mubasher: Alef Education Holding has teamed up with TMRW Edtech to benefit the GCC and MENA region by redefining the future of schooling through advanced AI-driven innovation, according to a press release. The two education innovators …
Netzero
20 May 02:56 PM Netzero collaborates with Aramex for smart sustainability initiative in Saudi Arabia
Riyadh – Mubasher: Saudi-developed smart afforestation platform Netzero has teamed up with Aramex to deliver smart tree sustainability initiative, according to a press release. The partnership aims to plant trees across the Riyadh and Jeddah …
Saudi Capital Market Authority (CMA)
19 May 01:00 PM Saudi CMA approves public offering of Al Rajhi GCC Equity Fund excluding KSA
Riyadh – Mubasher: The Capital Market Authority (CMA) of Saudi Arabia has nodded for Al Rajhi Capital, a subsidiary of Al Rajhi Bank, to proceed with the public offering of the Al Rajhi GCC Equity Fund (Excluding KSA), according to an official …
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19 May 09:58 AM ADNOC Distribution, Americana Restaurants International partner to improve roadside trail across region
Mubasher: The net profits of ADNOC Distribution and Americana Restaurants International joined forces to expand dining and convenience offerings across ADNOC Distribution service station locations in the UAE, Saudi Arabia, and Egypt. Under the …
SAB Invest
19 May 08:57 AM We are supporting evolution of Saudi Arabia as global financial hub - SAB Invest CEO
Riyadh – Mubasher: SAB Invest, the investment arm of Saudi Awwal Bank (SAB), was announced as the first ETF market maker in the Kingdom, marking a new milestone in the Saudi capital market, according to a press release. The CEO of SAB Invest, Ali …
Aramco, Pasqal launch Middle East’s 1st commercial QCaaS platform
18 May 05:41 PM Aramco partners with Pasqal to launch Middle East’s 1st commercial QCaaS platform
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) collaborated with Pasqal, a global leader in neutral-atom quantum computing, for the inauguration of the first quantum computer in Saudi Arabia. Aramco and Pasqal also unveiled the first …
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18 May 03:35 PM Al Ramz delivers strong quarterly results with AED 12m profits in Q1-26
Dubai - Mubasher: Al Ramz Corporation Investment and Development delivered solid financial results in the first quarter (Q1) of 2026, reflecting the group’s digital innovation that reinforces its position for sustained growth and long-term value …
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18 May 03:24 PM Riyad Bank launches 1st corporate card offering via partnership with Mastercard
Riyadh – Mubasher: Riyad Bank and Mastercard jointly launched an innovative Travel and Expense (T&E) Corporate Card program, marking the Saudi lender’s first corporate card offering in the Kingdom. The launch builds on the two entities’ ongoing …
SANY Group
18 May 02:07 PM Al Naqool expands fleet to meet rising concrete demand through deal with region-focused SANY
Riyadh – Mubasher: Mohammed Hasan Al Naqool Sons Company has acquired 12 specialized heavy vehicles from the commercial and construction development company SANY Group at a value of approximately SAR 5.91 million, according to a bourse filing. The …
Sport Clubs Company
18 May 12:02 PM Sport Clubs inaugurates new center in Dammam
Riyadh – Mubasher: Sport Clubs Company announced, on 18 May 2026, the official opening of a new fitness facility in Dammam. The new center in An Nada District marks a strategic expansion of the company’s presence in the Eastern Province, operating …
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18 May 11:00 AM Dana Gas records 72% higher profits in Q1-26 due to production growth
Abu Dhabi – Mubasher: Dana Gas logged net profits totaling AED 270 million ($74 million) in the first quarter (Q1) of 2026, marking a 72% year-on-year (YoY) leap from AED 158 million ($43 million). The gross revenues jumped by 59% YoY to AED 531 …
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18 May 09:42 AM Dar Al Arkan mandates regional, global lenders for USD-denominated issuance
Riyadh – Mubasher: Dar Al Arkan Real Estate Development Company plans to issue Sharia-compliant, USD-denominated, fixed-rate RegS senior unsecured Sukuk, according to a bourse filing. Dar Al Arkan has mandated Abu Dhabi Commercial Bank (ADCB), Abu …