Riyadh – Mubasher: The Capital Market Authority (CMA) of Saudi Arabia has officially granted approval for the public offering of the SAB Invest Global Select Equity Fund, which is managed by SAB Invest of the listed Saudi Awwal Bank (SAB). The …
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 …
Riyadh – Mubasher: Jeddah-based Gulf General Cooperative Insurance Company (GGCI) has announced the results of its Ordinary General Assembly meeting held on 23 June 2026, during which shareholders approved the company’s financial statements and …
Riyadh – Mubasher: The ordinary general assembly of Dar Alarkan Real Estate Development Company, which was held on 23 June 2026, ratified several key resolutions, including the appointment of a new external auditor. The shareholders also approved …
Riyadh – Mubasher: Bawan Company convened its Ordinary General Assembly on 23 June 2026, where shareholders approved several critical resolutions, according to a bourse filing. The ratifications included the appointment of Ernst & Young as the …
Riyadh – Mubasher: The Company for Cooperative Insurance (Tawuniya) has officially announced the start of the electronic voting period for its upcoming Extraordinary General Assembly (EGM) which is scheduled on 28 June 2026. Shareholders are …
Riyadh – Mubasher: SNB Capital, acting as the fund manager for AlAhli REIT Fund 1, has received approval from the fund’s board of directors to implement a series of non-fundamental changes to the fund’s terms and conditions. These administrative …
Riyadh - Mubasher: Salama Cooperative Insurance Company, a prominent player in the Saudi Arabian insurance sector, has received final regulatory approval from the Insurance Authority to market and sell two specialized insurance products. The …
Riyadh – Mubasher: Al Sagr Cooperative Insurance Company has announced that it has received final regulatory approval from the Insurance Authority to launch a specialized cyber insurance product. The approval authorizes the company to market and …
Riyadh - Mubasher: Yaqeen Capital Company has launched and commenced operations of the Yaqeen Madinah Hotel Fund, according to a bourse filing. The fund is a private, Shariah-compliant, closed-ended real estate development vehicle with a target …
Riyadh - Mubasher: View United Real Estate Development Company intends to issue SAR-denominated Sukuk worth SAR 10 million in installments through a private offering under its SAR-denominated Sukuk Issuance Program. The proceeds will be used to …
Riyadh – Mubasher: Al Battal Factory for Chemical Industries has announced a significant development regarding its insurance claim following a fire at its Dammam facility in July 2025, according to a bourse filing. The company received formal …
Riyadh – Mubasher: Al Rajhi Company for Cooperative Insurance (Al Rajhi Takaful) has received shareholder approval for a capital increase through the issuance of bonus shares, prompting the Saudi Exchange (Tadawul) to adjust the stock’s trading …
Riyadh - Mubasher: National Environmental Recycling Company (Tadweer) inked a Sharia-compliant credit facility agreement worth SAR 60 million with the Saudi National Bank (SNB). The 12-month funding is guaranteed by a promissory note and aims to …
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 …
Riyadh – Mubasher: Al Rajhi Company for Cooperative Insurance (Al Rajhi Takaful) has announced that its shareholders approved a significant capital increase during the Extraordinary General Meeting (EGM) held on 21 June. The assembly, which …
Riyadh – Mubasher: Alistithmar for Financial Securities and Brokerage Company, known as Alistithmar Capital, has announced the signing of a significant commercial guarantee agreement aimed at stabilizing the financial performance of the …
Riyadh – Mubasher: Bank Aljazira has announced the successful completion of its offering of US dollar-denominated Additional Tier 1 (AT1) capital certificates, raising a total of $500 million. The issuance was conducted under the bank’s $1.50 …
Riyadh – Mubasher: Scientific & Medical Equipment House Company has renewed its Sharia-compliant credit facility agreement with Arab National Bank (ANB) after it was finalized and signed on 18 June 2026, according to a bourse filing. The financing …
Riyadh – Mubasher: Saudi Reinsurance Company (Saudi Re) has announced the formal establishment of its Audit Committee following the receipt of a non-objection letter from the Insurance Authority on 18 June. The formation of the committee, which …
Riyadh – Mubasher: Jabal Omar Development Company, a major player in the Saudi Arabian real estate sector, has officially entered into a Sharia-compliant Murabaha financing agreement valued at SAR 2 billion with the Saudi National Bank (SNB). The …
Riyadh – Mubasher: Gulf Union Al Ahlia Cooperative Insurance Company announced that its shareholders reviewed and approved the financial results for the fiscal year that ended on 31 December 2025, according to a bourse filing. The company also …
Riyadh – Mubasher: The shareholders of Aljazira Takaful Taawuni Company approved a cash dividend distribution of SAR 26.40 million for the 2025 fiscal year, according to a bourse filing. The general assembly meeting resulted in the ratification of …
Riyadh – Mubasher: Knowledge Economic City, a major real estate development entity, has finalized a Sharia-compliant financing agreement with Riyad Bank for a total of SAR 150 million, according to a bourse filing. This facility is specifically …
Riyadh – Mubasher: The Saudi Company for Hardware (SACO) has announced the results of its Ordinary General Assembly meeting held on 17 June 2026, during which the shareholders approved the election of a new Board of Directors for the upcoming …
