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Corporate Actions

Abu Dhabi Aviation
18 March 02:50 AM Abu Dhabi Aviation appoints Al Mulla as Chairman; shareholders elect new board
Abu Dhabi – Mubasher: The shareholders of Abu Dhabi Aviation have elected a new board of directors for a new term until 2029, during the annual general meeting on 12 March 2026. The board, subsequently convened on 17 March, appointed Mansour Al …
General Assembly
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17 March 05:43 PM CMA nods for Alinma Bank’s capital raise
Riyadh - Mubasher: The Capital Market Authority (CMA) approved increasing the capital of Alinma Bank to SAR 30 billion from SAR 25 billion, according to a bourse disclosure. The SAR 5 billion increase will be capitalized from the statutory reserve …
Banking and Finance
CIB
17 March 03:01 PM CIB unveils dividends for 2025, capital hike, key appointments
Cairo - Mubasher: The general assembly of Commercial International Bank-Egypt (CIB) approved cash dividends worth EGP 6 per share for 2025, which will be paid on Thursday, 9 April 2026, according to a bourse statement. At its 15 March meeting, the …
Board of Directors
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17 March 03:28 AM Red Sea International plans 58% capital raise through rights issue
Riyadh – Mubasher: Red Sea International Company intends to increase its capital by 58% through a rights issue, subject to the approval of the extraordinary general meeting (EGM) and other relevant approvals, according to a bourse filing. The …
Management Decisions
Photo Archive
16 March 11:56 AM CMA greenlights Riyad Bank’s capital hike
Riyadh – Mubasher: The Capital Market Authority (CMA) approved the request of Riyad Bank to raise capital to SAR 40 billion from SAR 30 billion, according to a statement. The new capital will be distributed over 4 billion shares, instead of 3 …
Management Decisions
Abu Dhabi National Energy Company (TAQA)
15 March 12:38 PM TAQA unveils new board, final dividends for Q4-25
Abu Dhabi - Mubasher: Abu Dhabi National Energy Company (TAQA) announced Jassem Mohammed bu Ataba Al Zaabi as the board’s Chairman for the next three years. Sultan Ahmed Al Jaber was appointed as the Vice Chairman, according to a bourse filing. …
Cash Dividends
Photo Gallery
10 March 12:07 PM Sharjah Islamic Bank's AGM approves cash dividends, capital rise
Abu Dhabi - Mubasher: The annual general meeting (AGM) of Sharjah Islamic Bank approved cash dividends worth AED 647.10 million, equivalent to 20% of its capital, for 2025. The ADX-listed bank will pay out a dividend of AED 0.20 per share, …
General Assembly
Rabigh Refining and Petrochemical Company (Petro Rabigh)
10 March 02:21 AM Petro Rabigh records lower net losses in 2025; Aramco, Sumitomo support turnaround strategy
Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) incurred net losses worth SAR 3.89 billion in 2025, reflecting a 14.21% decrease from SAR 4.54 billion in 2024. The loss per share narrowed to SAR 2.33 in 2025 from SAR …
Corporate Actions
Al Rajhi Company for Cooperative Insurance (Al Rajhi Takaful)
9 March 01:10 AM Al Rajhi Takaful’s board recommends doubling capital through 100m bonus shares
Riyadh - Mubasher: The board of Al Rajhi Company for Cooperative Insurance (Al Rajhi Takaful) has proposed, in its 5 March 2026 meeting, increasing the capital by doubling it by way of granting one bonus share for every one owned share. Upon …
Banking and Finance
Hisham Okasha, new Chairman of CI Capital
5 March 11:24 AM CI Capital taps Okasha as new Chairman
Cairo - Mubasher: CI Capital Holding for Financial Investments has appointed Hisham Okasha as the chairman of the board, according to a bourse filing. Okasha, currently the CEO of Banque Misr, succeeded Ahmed Issa, the former tourism minister. The …
Management Decisions
Dallah Healthcare
5 March 03:53 AM Dallah Healthcare’s board recommends 20% capital raise via bonus shares
Riyadh – Mubasher: The board of Dallah Healthcare Company proposed increasing the company’s capital by 20% through the issuance of one bonus share for every five held shares. In their 4 March 2026 meeting, the board members recommended raising the …
Corporate Actions
Photo Archive
2 March 12:36 PM Taiba Investments logs SAR 365m profits in 2025; dividends, capital hike recommended
Riyadh - Mubasher: The net profits attributable to the shareholders of Taiba Investments Company reached SAR 364.80 million in 2025, higher by 9.32% year-on-year (YoY) than SAR 333.70 million. The earnings per share (EPS) grew to SAR 1.40 last …
Financial Results
Saudi Energy Company (SE)
1 March 12:58 PM SEC launches new identity, logo
Riyadh - Mubasher: Saudi Electricity Company (SEC) changed its new corporate identity and officially rebranded as Saudi Energy Company (SE) to enhance energy supply security and grid reliability in line with the objectives of Vision 2030 The move …
Corporate Actions
Samir J. Serhan,CEO of Acwa
1 March 12:08 PM Acwa names Serhan as new CEO
Riyadh – Mubasher: Acwa appointed Samir J. Serhan as the new CEO as part of a planned and structured leadership transition and succession process overseen by the company’s Board Nomination and Remuneration Committee. Since joining Acwa last year …
Board of Directors
EgyptAir
1 March 11:24 AM EgyptAir suspends regional flights following US strikes on Iran
Cairo - Mubasher: EgyptAir suspended its flights to 13 cities in the Gulf region until further notice following airspace closure by neighboring countries amid escalating regional tensions. The halted routes included Kuwait, Dubai, Doha, Bahrain, …
Global Economy
Boursa Kuwait
1 March 04:07 AM Boursa Kuwait suspends trading following regional tensions
Mubasher: Boursa Kuwait has announced the suspension of trading activities starting Sunday, 1 March 2026, and until further notice as a precautionary measure for market safety following the strikes that attacked the Middle East on 28 February. …
Corporate Actions
Emirates Telecommunications Group Company (e&)
25 February 02:22 AM e& Group posts AED 72.8bn revenue in 2025 audited results with dividend recommendation, appoints new CEO
Abu Dhabi – Mubasher: The audited consolidated income statement of Emirates Telecommunications Group Company (e&) indicated an annual leap in net profit after federal royalty and corporate tax to AED 16.15 billion in 2025 when compared with AED …
Corporate Actions
Photo Archive
24 February 03:57 PM CIB starts due diligence on HSBC’s retail banking portfolio
Cairo - Mubasher: The Commercial International Bank-Egypt (CIB) has received approval from the Central Bank of Egypt (CBE) to commence due diligence on HSBC’s retail banking portfolio. It is worth noting that there is no certainty this review will …
Corporate Actions
Al Habtoor Group
24 February 03:50 AM Al Habtoor issues statement on international arbitration in Washington
UAE – Mubasher: Al Habtoor Group, one of the region’s largest conglomerates, has confirmed the formal appointment of White & Case, one of the world’s leading international law firms specializing in sovereign disputes and treaty-based investment …
Corporate Actions
Abu Dhabi National Company for Building Materials (BILDCO)
24 February 03:30 AM BILDCO generates AED 46m revenue in 2025; accumulated losses hit 120.37% of capital
Abu Dhabi – Mubasher: Abu Dhabi National Company for Building Materials (BILDCO) reported AED 46.07 million worth of net revenues in 2025, which signaled a decline from AED 52.46 million in 2024, according to a bourse disclosure. The company …
Management Decisions
Invest Bank
24 February 03:04 AM Invest Bank turns profitable at AED 161.5m in 2025, unveils accumulated losses value
Abu Dhabi – Mubasher: Invest Bank has shifted to net profits after tax worth AED 161.46 million in 2025, versus net losses of AED 189.29 million in 2024. The earnings per share (EPS) stood at AED 0.0006 in 2025, against a loss per share of AED …
Banking and Finance
Photo Archive
23 February 02:33 PM Modern Mills names Hijazi as new CEO
Riyadh - Mubasher: Modern Mills for Food Products Company appointed Ahmad Hijazi as its CEO, effective on 23 February 2026, until further notice. The appointment follows the amicable termination of former CEO Osama Ashi’s contract due to health …
Corporate Actions
Photo Archive
23 February 12:38 PM Travco ups stake in B Investments in EGP 40.98/shr transaction
Cairo - Mubasher: Travco Group International raised its equity ownership in B Investments Holding to 10.01% from 9.99% through an EGP 942,750 transaction. Travco acquired 23,000 shares at an average price of EGP 40.98 per share, according to a …
Companies Investments
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23 February 12:13 PM Mashareq reduces equity in Electro Cable Egypt to 0.77%
Cairo - Mubasher: Mashareq Real Estate Developments sold 16.50 million shares in Electro Cable Egypt Company at a value of EGP 36.43 million, with an average price of EGP 2.20 per share.  Mashareq reduced its stake in the EGX-listed firm to 0.77% …
Trading Activities
Photo Archive
23 February 11:11 AM O B Financial greenlights capital raise for B2C
Cairo - Mubasher: O B Financial Holding, formerly known as Orascom Financial Holding, has approved a capital hike for its 99.92%-owned subsidiary, B2C, according to a bourse disclosure. The board of OB Financial decided to raise the subsidiary's …
Companies Investments