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Banking and Finance

American Express
2 September 04:35 PM SAIB to exit American Express Saudi Arabia for SAR 1.4bn
Riyadh — Mubasher: The Saudi Investment Bank (SAIB) inked an agreement to sell its full 50% equity stake in American Express Saudi Arabia to Amex (Middle East) B.S.C. The transaction is valued at SAR 1.43 billion, equivalent to $381.36 million, to …
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2 September 04:13 PM ANB records SAR 16.5m special deal on Tadawul
Riyadh – Mubasher: Arab National Bank (ANB) witnessed a negotiated deal executed during the 2 September session on the Saudi Exchange (Tadawul) at SAR 22.56 per share. The transaction, valued at SAR 16.53 million, was implemented over 732,954 …
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2 September 12:56 PM GGCI eyes capital restructuring, debt conversion
Riyadh – Mubasher: The board of Gulf General Cooperative Insurance Company (GGCI) recommended a comprehensive capital restructuring involving a capital reduction followed by a targeted increase. The proposal seeks to reduce the company’s capital …
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2 September 12:09 PM SAIB’s shareholders to vote on 20% capital increase
Riyadh — Mubasher: The Saudi Investment Bank (SAIB) has invited its shareholders to attend an extraordinary general meeting (EGM) scheduled for 1 October to vote on a board recommendation to increase the bank’s capital by 20%. Under the proposal, …
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2 September 09:18 AM ANB begins USD-denominated Tier 1 Sukuk offering
Riyadh – Mubasher: Arab National Bank (ANB) has commented its US dollar-denominated Additional Tier 1 Sukuk offering on 2 September 2026. The issuance, conducted through a special purpose vehicle, targets qualified investors within Saudi Arabia …
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1 September 02:01 PM Saudi Re conducts earnings call for H1-26
Riyadh – Mubasher: Saudi Reinsurance Company (Saudi Re) conducted an earnings conference call for investors, financial analysts, and investment representatives on 31 August  2026. The session, organized in coordination with Argaam Capital, focused …
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1 September 10:38 AM Ayyan Investment obtains SAR 150m credit facility from SAB
Riyadh – Mubasher: Ayyan Investment Company has secured a Sharia-compliant credit facility totaling SAR 150 million from Saudi Awwal Bank (SAB). The financing agreement, structured as a Tawarruq transaction, was finalized on 31 August 2026. The …
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1 September 09:59 AM ANB to issue USD-denominated sustainable Tier 1 Sukuk
Riyadh – Mubasher: Arab National Bank (ANB) intends to issue US dollar-denominated sustainable Additional Tier 1 sukuk under its international issuance program. The bank updated the program on 20 August 2026, following a board of directors …
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31 August 11:16 PM Axelerated Solutions extends SAR 30m funding from Banque Saudi Fransi
Riyadh – Mubasher: Axelerated Solutions for Information and Communication Technology Company has renewed a Sharia-compliant banking facility agreement with Banque Saudi Fransi at a total value of SAR 30 million. The financing agreement was …
Tadawul
31 August 04:27 PM Tadawul reports SAR 71.5m in negotiated deals
Riyadh – Mubasher: Institutional and private investors executed seven negotiated deals on the Saudi Exchange (Tadawul) totaling SAR 71.43 million on Monday, 31 August. These off-market transactions involved a combined volume of 1.63 million shares …
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31 August 01:38 PM Tadawul unveils SAR 26m special deal on Banque Saudi Fransi’s shares
Riyadh – Mubasher: Banque Saudi Fransi registered a negotiated deal executed during the 31 August session on the Saudi Exchange (Tadawul). The transaction was executed on 1.17 million shares at SAR 21.90 per share for a total value of about SAR …
Fitch Ratings
31 August 07:22 AM Fitch revises Al Sagr Cooperative Insurance’s outlook to stable
Riyadh – Mubasher: Fitch Ratings has revised the outlook of Al Sagr Cooperative Insurance Company to stable from negative. The credit rating agency affirmed the company’s Insurer Financial Strength (IFS) rating at ‘BBB’ and its National Insurer …
Saudi Riyal
30 August 06:04 PM Watani Iron Steel renews credit facility with Alinma Bank
Riyadh — Mubasher: Watani Iron Steel Company recently extended its Sharia-compliant bank facility agreement with Alinma Bank at a total amount of SAR 25 million, according to a bourse filing. The short-term credit facility is intended to provide …
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30 August 04:09 PM Ataa Educational signs SAR 200m financing deal with Alinma Bank
Riyadh — Mubasher: Ataa Educational Company completed all necessary signatures for Sharia-compliant banking facilities valued at SAR 200 million from Alinma Bank. In a follow-up to its disclosure dated 26 August 2026, the company clarified that …
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30 August 12:55 PM Dar Al Balad secures SAR 20m credit facility from Emirates NBD
Riyadh - Mubasher: Dar Al Balad for Business Solutions Company has secured a Sharia-compliant credit facility valued at SAR 20 million from the Saudi Arabian branch of Emirates NBD. The financing agreement, which was signed on 27 August 2026, is …
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30 August 09:11 AM Tawuniya launches e-voting ahead of next EGM
Riyadh — Mubasher: The Company for Cooperative Insurance (Tawuniya) has commenced its electronic voting for its Extraordinary General Meeting (EGM), which is scheduled to take place at 07:00 PM on 3 September 2026. The meeting, to be held via …
Saudi Investment Bank (SAIB)
27 August 04:17 PM SAIB obtains regulatory approval for capital hike via bonus shares
Riyadh — Mubasher: The Saudi Investment Bank has received the Capital Market Authority’s (CMA) approval to increase its capital from SAR 12.50 billion to SAR 15 billion through the issuance of bonus shares. The capital hike will be achieved by …
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27 August 03:18 PM ACIG amends subscription agreement with Diar Al Arabia Investment
Riyadh — Mubasher: Allied Cooperative Insurance Group (ACIG) has signed an addendum on 26 August 2026 to its existing subscription agreement with Diar Al Arabia Investment Company, according to a bourse filing. The amendment modifies the terms of …
Saudi Riyal
27 August 01:19 PM MIS renews SAR 2bn funding with Al Rajhi Bank
Riyadh — Mubasher: Al Moammar Information Systems (MIS) announced the renewal and amendment of a Sharia-compliant credit facility agreement with Al Rajhi Bank at a total amount of SAR 2 billion, according to a bourse filing. The agreement was …
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26 August 06:48 PM Arabica Star renews SAR 5m funding from Al Rajhi Bank
Riyadh — Mubasher: Arabica Star Company has extended a Sharia-compliant banking facilities agreement with Al Rajhi Bank at a total value of SAR 5 million. The financing was secured on 24 August 2026 and carries a maturity period of six months. …
Saudi Riyal Symbol
26 August 06:04 PM Ataa Educational secures funding from Alinma Bank for strategic expansion
Riyadh — Mubasher: Ataa Educational Company has secured Sharia-compliant banking facilities totaling SAR 200 million from Alinma Bank, according to a bourse filing. The financing agreement was signed on 25 August 2026 and is structured to support …
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26 August 02:17 PM ACIG obtains license renewal for certain activities
Riyadh — Mubasher: Allied Cooperative Insurance Group (ACIG) has received notification on 26 August 2026 for the renewal of its operating license from the Insurance Authority, according to a bourse filing. The regulatory approval allows ACIG to …
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26 August 12:15 PM SNB Capital becomes market maker for derivatives with futures for 5 blue chips included
Riyadh — Mubasher: The Saudi Exchange (Tadawul) has announced the approval of SNB Capital to conduct market making activities for the MT30 Index futures (SF30) and single stock futures (SSF), according to a statement on 26 August 2026. The mandate …
Saudi Riyal
25 August 08:44 PM BinDawood Holding obtains SAR 542m financing for international acquisition
Riyadh — Mubasher: BinDawood Holding Company has secured a Sharia-compliant Murabaha financing facility totaling SAR 542 million, according to a bourse filing. The credit facility was provided by Banque Saudi Fransi and Gulf International Bank …
Saudi Riyal Symbol
25 August 05:12 PM Alkhorayef Water obtains SAR 250m financing from QNB Saudi branch
Riyadh — Mubasher: Alkhorayef Water and Power Technologies Company announced the signing of a Sharia-compliant banking facility agreement with the Saudi Arabian branch of Qatar National Bank (QNB) that was finalized on 25 August 2026. The credit …