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Board of Directors

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3 hours ago SAB to pay SAR 2bn cash dividends for H1-26
Riyadh – Mubasher: The board of Saudi Awwal Bank (SAB) has approved a cash dividend distribution of SAR 2.06 billion to shareholders for the first half (H1) of 2026. The payout represents 10% of the share nominal value, with the bank confirming it …
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3 hours ago SACO announces Chairman for new term
Riyadh – Mubasher: The board of Saudi Company for Hardware (SACO) has appointed its leadership and the formation of several board committees following its general assembly meeting held on 17 June 2026. The board of directors, meeting on 20 July …
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5 hours ago Alinma Bank’s board greenlights SAR 746m cash dividends for Q2-26
Riyadh – Mubasher: Alinma Bank’s board of directors has approved the distribution of SAR 746.30 million in cash dividends to shareholders for the second quarter (Q2) of 2026. The decision, reached on 20 July 2026, follows the receipt of a …
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03:38 PM SACO names Managing Director as CEO term ends
Riyadh – Mubasher: The board of Saudi Company for Hardware (SACO) decided on 20 July 2026 not to renew the employment contract of CEO Abdel Salam Bdeir. The contract is scheduled to conclude on 31 October 2026, according to a bourse disclosure. In …
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10:47 AM Riyad Bank’s board approves SAR 2.5bn cash dividends for H1-26
Riyadh – Mubasher: The board members of Riyad Bank resolved to distribute SAR 2.55 billion in cash dividends to shareholders for the first half (H1) of 2026. The payout, which received non-objection from the Saudi Central Bank (SAMA), is …
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10:14 AM SACO appoints new audit committee
Riyadh – Mubasher: The Saudi Company for Hardware (SACO) announced the formation of its audit committee for the new board term, which commenced on 20 July 2026. The committee’s tenure is scheduled to last for three years, concluding on 19 July …
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20 July 06:24 PM Itmam Consultancy opens nomination for new board seat
Riyadh — Mubasher: Itmam Consultancy announced the opening of nominations for one newly created seat on its board of directors, according to a bourse filing. The successful candidate will serve for the remainder of the current four-year board …
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20 July 06:14 PM DS Rent announces board member resignation over governance concerns
Riyadh — Mubasher: Dar Almarkabah for Renting Cars Company (DS Rent) revealed the resignation of independent board member Saleh Khalaf Al Harthi as of 19 July 2026. Al Harthi first joined the board on 17 May 2024, according to a bourse filing. The …
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20 July 05:36 PM Banque Saudi Fransi announces SAR 1.4bn cash dividends for H1-26
Riyadh - Mubasher: Banque Saudi Fransi’s board of directors has approved the distribution of SAR 1.42 billion in cash dividends to shareholders for the first half (H1) of 2026. The total payout represents 5.70% of the share nominal value, …
ASG Plastic Factory Company
19 July 04:27 PM ASG Plastic to discuss doubling capital recommendation at EGM next month
Riyadh — Mubasher: ASG Plastic Factory Company has invited its shareholders to an extraordinary general meeting (EGM) scheduled for 9 August 2026 to vote on a board recommendation for a 100% capital hike. The proposed transaction will double the …
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19 July 04:01 PM Shams elects board of directors for new term
Riyadh - Mubasher: The ordinary general meeting (OGM) of Tourism Enterprise Company (Shams) approved the dismissal of the company’s current board of directors. The meeting, convened in Al Khobar with a 41.30% shareholder attendance rate, followed …
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19 July 03:55 PM Arabian Insurance unveils audit committee for new term
Riyadh - Mubasher: Arabia Insurance Cooperative Company issued a circular resolution on 16 July 2026 to form the audit committee for the current term. The committee’s mandate began on 20 May 2026 and will extend for a duration of four years, …
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19 July 02:31 PM Shams names Chairman, Vice Chairman
Riyadh - Mubasher: The board of Tourism Enterprise Company (Shams) has appointed Nasser bin Khalaf Al Barrak as the Chairman. The decision, made on 17 July 2026, also included the appointment of Majed bin Nawar Al Otaibi as Vice Chairman and …
Dar Almarkabah for Renting Cars Company (DS Rent)
19 July 01:45 PM DS Rent announces another Audit Committee member resignation over governance concerns
Riyadh — Mubasher: Dar Almarkabah for Renting Cars Company (DS Rent) stated that Khalid Muqbil Al Muqbil has resigned from the audit committee as of 16 July 2026. Al Muqbil first joined the committee on 22 May 2024, according to a bourse …
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19 July 01:35 PM Arabian Insurance establishes governance committees until May 2030
Riyadh - Mubasher: Arabia Insurance Cooperative Company announced that its board of directors approved the formation of several key sub-committees following a circular resolution issued on 16 July. The move follows the receipt of a non-objection …
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19 July 01:30 PM DS Rent announces resignation of Audit Committee member
Riyadh — Mubasher: Dar Almarkabah for Renting Cars Company (DS Rent) disclosed the resignation of Ahmed Abdulmohsen Alsadoon from the audit committee. The member resignation is effective 16 July 2026, while Alsadoon originally joined the committee …
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19 July 12:13 PM Shams forms new audit committee
Riyadh - Mubasher: Tourism Enterprise Company (Shams) announced that its board of directors approved the formation of the audit committee for the current term on 17 July 2026. The appointments are effective from the date of the board decision, …
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19 July 10:12 AM Mobily’s board nods for SAR 1bn cash dividends for H1-26
Riyadh – Mubasher: The board of Etihad Etisalat Company (Mobily) has resolved to distribute SAR 1.07 billion in interim cash dividends to shareholders for the first half (H1) of 2026. The payout, approved during a board meeting held on 16 July …
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19 July 09:16 AM Al Sagr Cooperative Insurance’s non-executive board member resigns
Riyadh – Mubasher: Al Sagr Cooperative Insurance Company announced the resignation of non-executive board member Abdulmohsen bin Nafez Jaber from his position and all sub-committees. The resignation was submitted and became effective on 18 July …
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19 July 08:37 AM Shams appoints Al Otaibi as new CEO
Riyadh - Mubasher: The board of Tourism Enterprise Company (Shams) approved the appointment of Majed bin Nawar Al Otaibi as the company’s new Chief Executive Officer (CEO). The appointment was effective as of 17 July 2026, following a board …
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16 July 05:07 PM Mutakamela Insurance announces new board member
Riyadh - Mubasher: Mutakamela Insurance Company has appointed Nabil bin Azzouz as a non-executive member of its board of directors. The decision, initially approved by the board on 22 June 2026, fills a vacant seat following the receipt of …
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16 July 09:41 AM Saudi German Health appoints Chairman, Vice Chairman
Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Health) has appointed its leadership for the new board of directors session following a meeting held on 15 July 2026. The board approved the selection of Abdulaziz Hashim Al Anzi, an …
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15 July 01:16 PM Shams announces resignation of 3 independent members
Riyadh - Mubasher: Tourism Enterprise Company (Shams) announced the resignation of three independent members from its board of directors and various sub-committees. The resignations, submitted for personal reasons, became effective on 14 July …
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14 July 08:45 PM MSGA Investment’s board proposes over SAR 15.5m dividends for 2025
Riyadh — Mubasher: MSGA Investment Company announced that its board of directors recommended on 8 July 2026 a total cash dividend distribution of SAR 15.56 million to shareholders for the fiscal year ended on 31 December 2025. Subject to the …
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13 July 07:49 PM Jana Medical elects Audit Committee members for current board term
Riyadh – Mubasher: Jana Medical Company has formed its audit committee following a board of directors’ decision issued on 7 July 2026, according to a bourse filing. The committee is appointed for the remainder of the current board term, which …