KSA
Mubasher TV
 Contact Us Advertising   العربية
KSA
TDWL Closed
05 June 10:39 AM

Banking and Finance

Photo Archive
4 June 04:58 PM Saudi Arabia’s personal loans exceed SAR 1.4trn end-April
Riyadh – Mubasher: The total personal loans in Saudi Arabia hit SAR 1.453 trillion at the end of April 2026, up 3.60% year-on-year (YoY) from SAR 1.402 trillion, according to data issued by the Saudi Central Bank (SAMA). On a monthly basis, the …
Central Banks
SAMA
4 June 01:47 PM Saudi Arabia’s licensed finance companies rise to 75
Riyadh – Mubasher: The Saudi Central Bank (SAMA) licensed Jak Almuqaddimah Company to provide consumer finance, bringing the total number of finance companies licensed in Saudi Arabia to 75. This decision reflects SAMA’s objectives to support the …
Banking and Finance
Photo Archive
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
SAMA
4 June 06:34 AM SAMA licenses Muwafaqa Alragmiya to provide finance aggregation services
Riyadh – Mubasher: The Saudi Central Bank (SAMA) licensed Muwafaqa Alragmiya Company to provide finance aggregation services in Saudi Arabia, according to the Saudi Press Agency (SPA). The move reflects SAMA’s efforts to strengthen the Kingdom’s …
Company News
Photo Archive
3 June 06:36 PM Saudi Networkers Services renews framework agreement with local bank
Riyadh – Mubasher: Saudi Networkers Services Company has announced the renewal of a comprehensive framework agreement with a prominent local bank in Saudi Arabia for a five-year duration, according to a bourse filing. The contract is renewable and …
Companies Investments
Photo Archive
2 June 08:20 PM Tawuniya amends EMG agenda through item addition
Riyadh – Mubasher: The Company for Cooperative Insurance (Tawuniya) has announced a formal update to the agenda for its upcoming Extraordinary General Assembly meeting that will take place on 28 June 2026, according to a bourse filing. The …
Banking and Finance
Photo Archive
2 June 05:16 PM GGCI to market, sell new product for tourists
Riyadh – Mubasher: The Insurance Authority (IA) granted its approval for Gulf General Cooperative Insurance Company (GGCI) to market and sell the tourist visa insurance product for individual tourists visiting the Kingdom. The product has been …
Company News
Photo Archive
2 June 11:33 AM Saudi Insurance Authority extends Salama Cooperative’s license for one year
Riyadh - Mubasher: Salama Cooperative Insurance Company has received on Tuesday, 2 June 2026, a notification from the Insurance Authority (IA), for renewing the company qualifying license for practice medical insurance. The license is valid for …
Company News
Photo Archive
2 June 07:41 AM Banan Real Estate’s unit obtains SAR 84m financing from Riyad Bank
Riyadh - Mubasher: Qimam Noshoz for realestate Development Company, a subsidiary of Banan Real Estate Company, inked a credit facility agreement worth SAR 84 million with Riyad Bank on 1 June 2026. The facility includes SAR 49 million loan for …
Company News
Alkhabeer Capital
1 June 04:07 PM Alkhabeer Capital announced Saudi Arabia’s top workplace in financial sector
Riyadh – Mubasher: Alkhabeer Capital, a Saudi-based asset manager and investment firm, has been recognized by Great Place to Work Middle East as the Best Workplace in Saudi Arabia’s financial sector for the 14th consecutive year, according to a …
Global Economy
Photo Archive
1 June 03:59 PM SAMA’s assets exceed SAR 1.9trn in April 2026
Riyadh - Mubasher: The Saudi Central Bank (SAMA) recorded SAR 1.95 trillion ($517.19 billion) in total assets by the end of April 2026, marking an annual growth of 1.67% from SAR 1.91 trillion ($508.71 billion). On a monthly basis, the total …
Macroeconomics
Photo Archive
1 June 03:42 PM Tadawul announces changes for listed debt instruments
Riyadh – Mubasher: The Saudi Exchange (Tadawul) has officially announced the delisting of a significant government debt issuance following its scheduled maturity. The move, initiated by a formal request from the Ministry of Finance, involves a …
Trading Activities
Photo Archive
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 …
Market News
Photo Archive
1 June 02:57 PM Al Sagr Cooperative gets regulatory approval for new product
Riyadh - Mubasher: Al Sagr Cooperative Insurance Company has obtained the final approval from the Insurance Authority (IA) to market and sell its Health Insurance for Athletes product for both individuals and groups. The approval was obtained on …
Companies Investments
Photo Archive
1 June 01:09 PM Arabia Insurance obtains regulatory nod for new product
Riyadh - Mubasher: Arabia Insurance Cooperative Company received, on 25 May 2026, the Insurance Authority’s (IA) final approval for the marketing and sale of the Tourist Policy product offered to individual tourist customers visiting the Kingdom. …
Banking and Finance
Photo Archive
31 May 01:50 PM Bupa Arabia renews insurance services with SABIC
Riyadh – Mubasher: Bupa Arabia for Cooperative Insurance Company has announced the receipt of a contract award from Saudi Basic Industries Corporation (SABIC) on 24 May 2026 to renew cooperative health insurance services. The agreement ensures the …
Companies Investments
Photo Archive
31 May 12:37 PM Saudi Re appoints Chairman, Vice Chairman
Riyadh – Mubasher: Saudi Reinsurance Company (Saudi Re) has announced the formal appointment of its Chairman and Vice Chairman for the new four-year board term, according to a bourse disclosure. Following the receipt of a no-objection notification …
Banking and Finance
Photo Archive
31 May 11:56 AM ACIG announces license renewal from Saudi regulator IA
Riyadh – Mubasher: Allied Cooperative Insurance Group (ACIG) has obtained an approval from the Insurance Authority (IA) for the annual re-licensing to practice health insurance, according to a bourse disclosure. The license allows the company to …
Companies Investments
Photo Archive
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 …
Companies Investments
Liva Group
28 May 05:02 PM GCC-focused Liva Group welcomes Thomssen in executive team
Mubasher: Liva Group, a leading insurance group operating across the GCC, has appointed Michael Thomssen as Group Chief Financial & Investment Officer, according to a press release. Thomssen will be responsible for delivering strong financial …
Banking and Finance
Photo Archive
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 …
Global Economy
Photo Archive
27 May 11:26 AM Armah secures SAR 110m funding from SNB
Riyadh – Mubasher: Armah Sports Company, a leading entity in the Saudi Arabian fitness and wellness sector, has obtained a Sharia-compliant Murabaha financing facility from the Saudi National Bank (SNB), according to a bourse disclosure. The …
Banking and Finance
Photo Archive
26 May 01:51 PM Molan Steel secures loan from major shareholder
Riyadh – Mubasher: Molan Steel Company has entered into a formal financing agreement with its principal shareholder, Dar Al Takamul Holding Company, for an interest-free loan totaling SAR 15 million. The facility is strategically designed to …
Companies Investments
Photo Archive
25 May 03:11 PM Alinma Bank completes USD-denominated Sustainable Additional Tier 1 Capital Certificates
Riyadh – Mubasher: Alinma Bank announced the completion of issuing USD-denominated Sustainable Additional Tier 1 Capital Certificates under its Additional Tier 1 Capital Certificate Issuance Program. The Saudi lender raised a total of $500 million …
Banking and Finance
Photo Archive
25 May 02:59 PM Al Rajhi Takaful to vote on 100% capital hike in shareholders’ June meeting
Riyadh – Mubasher: Al Rajhi Company for Cooperative Insurance, known as Al Rajhi Takaful, has invited its shareholders to participate in an extraordinary general meeting (EGM) scheduled for 21 June 2026, according to a bourse filing. The primary …
Management Decisions