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25 June 07:03 PM Sport Clubs shareholders nod for financial results, board appointments
Riyadh – Mubasher: Sport Clubs Company has announced the results of its Extraordinary General Assembly meeting which was held on 24 June 2026 and witnessed the ratification of 2025 financial statements, according to a bourse filing. The …
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25 June 06:47 AM Sports Clubs obtains SAR 70m facility from SAB
Riyadh – Mubasher: Sport Clubs Company has officially announced the acquisition of a Shariah-compliant financing facility totaling SAR 70 million. The credit facility, structured as a Tawarruq arrangement, was secured through the Saudi Awwal Bank …
MBC Group
24 June 01:36 PM PIF’s Al Ibrahim joins MBC Group’s board of directors
Riyadh – Mubasher: MBC Group has appointed Mishari bin Naji bin Saleh Al Ibrahim as a non-executive member of its Board of Directors, effective from 23 June 2026. This follows the resignation of board member Abdulrahman bin Ibrahim Al Rwaita, …
Al Rashid Industrial Company.png
23 June 10:58 AM Al Rashid Industrial shareholders approve capital raise, contracts in GCC area
Riyadh – Mubasher: Al Rashid Industrial Company has announced that its shareholders approved a significant capital increase during the Extraordinary General Assembly meeting held on 17 June 2026. The assembly authorized a 50% expansion of the …
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22 June 10:27 AM Asas Makeen renews SAR 350m financing agreement with Al Rajhi Bank
Riyadh - Mubasher: Asas Makeen Real Estate Development and Investment Company has renewed its Sharia-compliant credit facilities agreement with Al Rajhi Bank at a total value of SAR 350 million, according to a bourse filing.  The company renewed …
Sport Clubs
22 June 09:05 AM Sport Clubs inaugurates 2 new fitness centers in Buraydah
Riyadh – Mubasher: Sport Clubs Company has opened two new fitness centers in Buraydah, located in the Al Qassim region, as part of its ongoing strategic expansion across the Kingdom of Saudi Arabia. The dual opening, which took place on Monday, 22 …
Americana Restaurants International
18 June 05:29 PM Cross-listed Americana Restaurants reviews operational performance, corporate affairs
Riyadh – Mubasher: Americana Restaurants International has officially disclosed the results of its Board of Directors meeting held on 16 June 2026, during which the members discussed the firm’s operational performance, according to a bourse …
MBC Group
18 June 04:54 PM MBC Group discloses resignation of Al Ruwaita
Riyadh – Mubasher: MBC Group, a leading media conglomerate in the MENA region, has announced the resignation of Abdulrahman bin Ibrahim Al Ruwaita from his position as a non-executive board member, according to a bourse filing. The director will …
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17 June 04:37 PM Alkhaleej Training, GFH Bank extend non-binding MoU for merger
Riyadh – Mubasher: Alkhaleej Training and Education Company has announced a 180-day extension to its non-binding memorandum of understanding (MoU) with GFH Financial Group regarding the proposed merger of their respective educational assets. The …
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16 June 02:48 PM Bank Aljazira mandates regional, global lenders for USD AT1 capital certificates issue
Riyadh – Mubasher: Bank Aljazira intends to issue US dollar-denominated additional tier 1 (AT1) capital certificate issuance under its program established on 4 September 2025, according to a bourse disclosure. The lender has mandated regional and …
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16 June 08:21 AM BinDawood Holding secures SAR 218m Murabaha financing from ANB, Emirates NBD
Riyadh - Mubasher: BinDawood Holding Company penned a Sharia-compliant Murabaha financing from Arab National Bank (ANB) and Emirates NBD Bank to fund the acquisition of 51% of the shares of Vaza Food Company. The company obtained SAR 217.80 …
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14 June 07:30 PM Al Majed for Oud signs non-binding offer to acquire GCC-focused Safa Pharmaceuticals
Riyadh - Mubasher: Al Majed for Oud Company signed a non-binding agreement, on 13 June, to fully acquire Al Safa Pharmaceuticals and Medical Supplies, according to a statement. The deal also involves related parties, including Othman Abdullah …
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14 June 06:07 PM SPIMACO ups equity ownership in MENA-focused ENAYAH to 63%
Riyadh – Mubasher: Saudi Pharmaceutical Industries and Medical Appliances Corporation (SPIMACO) has entered into a binding agreement to raise its stake in Arabian Medical Products Manufacturing Company (ENAYAH). SPIMACO intends to buy an …
SpaceX
14 June 12:24 PM Kingdom Holding unveils fair value of SpaceX stake following Nasdaq listing
Riyadh – Mubasher: SpaceX completed its initial public offering (IPO) on Nasdaq at an offering price of $135 per share and closed its first day of trading at $160.95, according to a bourse statement issued by Kingdom Holding Company. The Saudi …
SAL
14 June 10:51 AM SAL launches subsidiary in Netherlands to expand into international markets
Riyadh - Mubasher: SAL Saudi Logistics Services Company has established SAL International Ground Handling B.V., a wholly owned subsidiary incorporated in Amsterdam, Netherlands. The unit will mainly serve as an international holding entity, …
Americana Restaurants International
11 June 05:58 PM Americana Restaurants to discuss business, performance updates
Riyadh – Mubasher: Americana Restaurants International, a prominent operator in the regional food and beverage sector listed on the ADX as well, has formally notified the Saudi Exchange (Tadawul) of an upcoming meeting of its Board of Directors, …
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9 June 03:02 PM GFH to develop $300m logistics, industrial platform across Saudi Arabia, UAE
Mubasher: GFH Bank, formerly known as GFH Financial Group, penned a strategic memorandum of understanding (MoU) with OCTO Management Consultancies (OCTO) to develop a $300 million logistics and industrial real estate platform across Saudi Arabia …
PIF, TMG collaborate for giga-projects development
7 June 03:37 PM Region’s giants PIF, TMG collaborate for giga-projects development
Riyadh – Mubasher: Saudi Arabia’s Public Investment Fund (PIF) and Talaat Moustafa Group Saudi for Real Estate Development (TMG), the Saudi branch of leading Egyptian real estate developer TMG, have entered into a Memorandum of Understanding (MoU) …
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7 June 03:29 PM MESC’s subsidiary awarded $46.6m project contract in UAE
Riyadh - Mubasher: MESC-Ras Al Khaimah, a unit of Middle East Specialized Cables Company (MESC), was awarded a project contract from Cunado Middle East for Pipes and Valves in the UAE. The total value of the project is estimated at nearly $46.60 …
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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 …