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30 August 12:44 AM

Corporate Actions

Photo Archive
27 August 08:34 PM Axelerated Solutions unveils 1m share-buyback proposal
Riyadh — Mubasher: Axelerated Solutions for Information and Communication Technology Company announced that its board of directors recommended the purchase of up to 1 million ordinary shares, according to a bourse filing. The buyback, which was …
Board of Directors
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 …
Banking and Finance
Photo Archive
27 August 02:58 PM Najran Cement shareholders ratify 2025 auditor report, other OGM items
Riyadh — Mubasher: Najran Cement Company announced the results of its Ordinary General Assembly meeting (OGM) held on 26 August 2026, which was conducted via modern technology from the company’s headquarters in Najran. Shareholders approved the …
Financial Results
Photo Archive
27 August 01:34 PM Naseej International shareholders approve nearly 150% capital hike
Riyadh — Mubasher: The extraordinary general assembly meeting (EGM) of Naseej International Trading Company approved a capital increase of SAR 163.46 million through a rights issue, according to a bourse filing. The capital will rise from SAR …
Corporate Actions
Photo Archive
26 August 06:40 PM DS Rent appoints Al Ghamdi to Audit Committee
Riyadh — Mubasher: The board of Dar Almarkabah for Renting Cars Company (DS Rent) recently approved the appointment of Mohammed Al Ghamdi to the company’s audit committee. The decision was made during a board meeting held on 24 August 2026. DS …
Company News
Photo Archive
26 August 04:59 PM MESC to host Q2-26 earnings call for investors
Riyadh — Mubasher: Middle East Specialized Cables Company (MESC) will host an investor meeting to discuss its preliminary financial results for the second quarter (Q2) of the 2026 fiscal year. The session is scheduled for 3 September 2026 at 4:00 …
Financial Results
Photo Archive
26 August 04:26 PM TADCO to commence e-voting for capital reduction
Riyadh — Mubasher: Tabuk Agricultural Development Company (TADCO) announced that electronic voting for its extraordinary general meeting (EGM) will commence on 27 August at 1:00 AM, according to a bourse filing. The meeting is slated to take place …
General Assembly
Photo Archive
26 August 01:47 PM MIS expands AI data center capacity under project contract with HUMAIN
Riyadh — Mubasher: Al Moammar Information Systems Company has received a letter of intent to significantly expand the scope of its AI data center project with HUMAIN, which is backed by the Saudi Public Investment Fund (PIF). The amendment …
Companies Investments
ACWA Power Company
26 August 01:01 PM Acwa shareholders approve over SAR 352.5m dividends for 2025
Riyadh – Mubasher: ACWA Power Company (Acwa) announced that its shareholders approved a cash dividend distribution totaling SAR 352.59 million for the fiscal year ended on 31 December 2025. The decision was reached during an ordinary general …
General Assembly
Elm Company
26 August 12:50 PM Elm shareholders ratify bylaw amendments, other agenda items at EGM
Riyadh — Mubasher: The shareholders of Elm Company have approved a sweeping overhaul of the firm’s bylaws to align with the requirements of the Saudi Center for Economic Efficiency and Business, according to a bourse filing. The decision was …
Company News
Photo Archive
25 August 08:27 PM Saudi 2P Perfect Presentation inaugurates branch abroad
Riyadh —Mubasher: Perfect Presentation for Commercial Services Company (2P Perfect Presentation) announced the opening of a new corporate branch in the Syrian Arab Republic, according to a bourse filing. The move aligns with the company’s …
Global Economy
Photo Archive
25 August 08:14 PM First Mills to commence e-voting for shareholders meeting
Riyadh — Mubasher: First Milling Company (First Mills) announced that electronic voting for its Ordinary General Assembly meeting (OGM) will commence on 26 August 2026 at 1:00 AM, according to a bourse filing. The meeting is scheduled to be held …
Company News
Arabian Pipes Company
25 August 12:16 PM Arabian Pipes shareholders approve 26% capital hike via bonus shares
Riyadh — Mubasher: The shareholders of Arabian Pipes Company have ratified the board recommendation to raise the capital by 26% during an extraordinary general meeting (EGM) held on 24 August 2026, according to a bourse filing. The capital will …
Company News
Photo Archive
24 August 07:47 PM Naqi Water to hold EGM for bylaws amendments, considering new products
Riyadh — Mubasher: Naqi Water Company has called on its shareholders to attend the first extraordinary general assembly meeting (EGM) on 20 September 2026, according to a bourse disclosure. The EGM will be conducted via modern technology through …
General Assembly
Photo Archive
24 August 06:04 PM Development Works Food to vote on business expansion at mid-September EGM
Riyadh — Mubasher: Development Works Food Company has invited its shareholders to attend an extraordinary general meeting (EGM) scheduled for 16 September 2026, according to a bourse filing. The meeting will be held virtually at 19:30 via modern …
General Assembly
Saudi Riyal Symbol
24 August 04:33 PM Northern Region Cement corrects payment date for H1-26 dividends
Riyadh — Mubasher: Northern Region Cement Company issued a corrective disclosure on 24 August 2026 regarding the board of directors' decision to distribute cash dividends to shareholders for the first half (H1) of 2026. The company clarified that …
Corporate Actions
Capital Market Authority (CMA)
24 August 03:52 PM Saudi Vitrified Clay submits capital change request to CMA
Riyadh — Mubasher: Saudi Vitrified Clay Pipes Company has submitted a formal application to the Capital Market Authority (CMA) on 20 August 2026 to reduce its share capital, according to a bourse filing. The filing follows a board of directors’ …
General Assembly
Photo Archive
24 August 03:29 PM Arab Sea Information Systems to hold OGM in mid-September
Riyadh — Mubasher: Arab Sea Information Systems Company has invited its shareholders to attend the Ordinary General Assembly meeting (OGM) that is scheduled for 14 September 2026. The meeting will be conducted via modern technology at 06:30 PM …
Company News
Saudi Riyal
24 August 02:17 PM Amwaj International cancels capital raise plan on insufficient retained earnings
Riyadh — Mubasher: The board of Amwaj International Company decided to cancel a previous recommendation to increase the capital from SAR 60 million to SAR 80 million, according to a bourse filing. The proposed increase of SAR 20 million was …
Corporate Actions
Photo Archive
24 August 12:43 PM Al Jouf Agricultural plans over SAR 236m capital hike; Almunajem to raise shareholding upon completion
Riyadh — Mubasher: The board members of Al Jouf Agricultural Development Company recommended on 23 August 2026 a capital increase through the issuance of 4.50 million new ordinary shares. The transaction is valued at SAR 236.25 million and …
Corporate Actions
Rabigh Refining and Petrochemical Company (Petro Rabigh)
24 August 12:17 PM Petro Rabigh announces new CEO following Al Ghamdi resignation
Riyadh — Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) announced the resignation of its President and CEO, Othman bin Ali Al Ghamdi, as of 31 August 2026. Al Ghamdi stepped down due to personal circumstances but will continue …
Company News
Photo Archive
23 August 10:04 PM Saudi Fisheries to host conference on proposed capital increase
Riyadh — Mubasher: Saudi Fisheries Company announced its intention to hold a virtual meeting with shareholders to discuss the board of directors' recommendation to increase the firm's capital through a rights issue. The proposal is subject to …
General Assembly
Photo Archive
23 August 11:52 AM Fadeco announces leadership change in remuneration committee
Riyadh — Mubasher: The board members of Arabian Food and Dairy Factories Company (Fadeco) approved the reorganization of its Nomination and Remuneration Committee leadership via a circular resolution issued on 12 August 2026, according to a bourse …
Corporate Actions
Photo Archive
23 August 11:50 AM Edarat extends Audit Committee term
Riyadh — Mubasher: The board of Edarat Communication and Information Technology Company has approved the extension of the current audit committee’s term for a period of one year. The extension is scheduled to begin on 21 August 2026 and will …
General Assembly
Photo Archive
23 August 11:37 AM International Human Resources forms governance, compliance committee
Riyadh – Mubasher: International Human Resources Company said that its board of directors approved the formation of a Governance and Compliance Committee to be chaired by board member Badr bin Khalid Al Shathri. The decision, which was passed …
Company News