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10 October 02:25 AM

Board of Directors

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5 October 06:46 AM Arabian Mills’ board approves SAR 461m expansion projects in Riyadh, Hail
Riyadh - Mubasher: The board of Arabian Mills for Food Products Company has approved expansion projects at its Riyadh and Hail branches worth a combined value of SAR 461 million. The plans include building a new flour mill, feed mill, and …
Board of Directors
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5 October 06:32 AM Salama Cooperative, Bawan announce new leadership appointments
Riyadh - Mubasher: Salama Cooperative Insurance Company appointed Montaser Mohammed Foudah as the board’s Chairman for four years. Fahad Talal Kurdi was named as the Vice Chairman until 10 September 2029, according to a bourse filing. Meanwhile, …
Corporate Actions
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1 October 06:08 PM Al Bargan leads Southern Province Cement’s business as new CEO
Riyadh - Mubasher: The board of Southern Province Cement Company assigned Saud bin Safar Al Bargan as the company’s CEO until further notice, starting from 1 October 2025. Al Bargan has over 25 years of experience in the field of work, 15 of which …
Corporate Actions
Tamer El Mahdi, Managing Director and CEO of Telecom Egypt
1 October 06:39 AM Telecom Egypt names El-Mahdi as new Managing Director, CEO
Cairo - Mubasher: Telecom Egypt has appointed Tamer El Mahdi as its new Managing Director and CEO, according to a press release. El Mahdi succeeded Mohamed Nasr, who stepped down from his executive role and board membership. As part of his new …
Corporate Actions
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29 September 11:13 AM Marble Design unveils 15% capital raise via bonus shares
Riyadh - Mubasher: The board of Marble Design Factory Company greenlighted increasing its capital to SAR 75 million from SAR 60 million on 28 September. The 25% capital hike will be executed by capitalizing SAR 15 million from the retained …
Board of Directors
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29 September 10:59 AM Northern Region Cement’s board greenlights SAR 45m dividends for H1-25
Riyadh - Mubasher: The board of Northern Region Cement Company has approved SAR 45 million cash dividends, equivalent to 2.50% of the company’s SAR 1.80 billion capital, for the first half (H1) of 2025. The Tadawul-listed company will pay out a …
Board of Directors
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28 September 04:49 PM Saudi Networker Services eyes moving shares to TASI
Riyadh - Mubasher: The board of Saudi Networkers Services Company (NSN) has approved transferring its shares from the Parallel Market (Nomu) of the Saudi Exchange to the Main Market (TASI) on 25 September 2025. The move is subject to the Capital …
Board of Directors
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28 September 11:03 AM Saudi Ground Services to disburse SAR 188m cash dividends for H1-25
Riyadh - Mubasher: Saudi Ground Services Company announced SAR 188 million as interim cash dividends for the first half (H1) of 2025, according to a bourse filing. The Tadawul-listed company will pay out a dividend of SAR 1 per share, equivalent …
Cash Dividends
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24 September 05:42 PM ADNOC Distribution to pay $350m cash dividends for H1-25
Abu Dhabi – Mubasher: ADNOC Distribution has announced an interim dividend of $350 million (AED 1.28 billion) for the first half (H1) of 2025, equivalent to 10.28 fils per share. This aligns with the group’s commitment to delivering sustainable …
Board of Directors
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24 September 04:52 PM Catalyst Partners’ board approves capital hike to EGP 3bn
Cairo - Mubasher: The board of Catalyst Partners Middle East has approved a capital increase to EGP 3.01 billion from EGP 235 million. The EGP 2.78 billion hike is represented by 278.40 million shares at a nominal value of EGP 10 per share, …
Board of Directors
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24 September 07:41 AM Talabat announces $202m interim dividend for H1-25
Dubai – Mubasher: Talabat Holding announced the board’s approval for disbursing an interim dividend of 3.18 fils per share, equivalent to $202 million in total. This interim dividend represents a 90% payout ratio of reported net income for the …
Board of Directors
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24 September 06:40 AM Academy of Learning’s board proposes 50% capital hike, dividends for FY24/25
Riyadh - Mubasher: The board of Academy of Learning Company has recommended a 50% capital increase to SAR 135 million from SAR 90 million through the issuance of bonus shares. The proposed increase will be implemented by capitalizing SAR 45 …
Companies Investments
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23 September 08:25 AM Alujain Corporation to pay SAR 52m dividends for Q3-25
Riyadh - Mubasher: The board members of Alujain Corporation approved the distribution of SAR 51.90 million as interim cash dividends, equivalent to 7.50% of the company’s SAR 692 million capital, for the third quarter (Q3) of 2025. The …
Cash Dividends
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21 September 01:31 PM Al Ansari Financial Services to pay AED 148.5m dividends for H1-25
Dubai - Mubasher: The board of Al Ansari Financial Services has approved a cash dividend of AED 148.50 million for the first half (H1) of 2025. The DFM-listed company will disburse a dividend of 1.98 fils per share, equivalent to 70% of its H1-25 …
Banking and Finance
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18 September 04:49 PM Riyadh Development’s board approves SAR 0.25/shr dividends for H1-25
Riyadh - Mubasher: The board of Riyadh Development Company approved cash dividends worth SAR 58.48 million, equivalent to 2.50% of the SAR 2.33 billion capital, for the first half (H1) of 2025. Riyadh Development will pay out SAR 0.25 per share to …
Board of Directors
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18 September 04:26 PM Al Omran unveils 3 new key appointments
Riyadh – Mubasher: Al Omran Industrial Trading Company announced Mohammed Omran Al Omran as the board’s Chairman, according to a bourse disclosure. Nasser Mohammed bin Omran was named as the Vice Chairman, while Abdulrahman Mohammed bin Omran was …
Board of Directors
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17 September 10:53 AM Sipchem’s CEO resigns; Al Rushoud takes over
Riyadh – Mubasher: The board of Sahara International Petrochemical Company (Sipchem) accepted the resignation of Abdullah Saif Al Saadoon from his position as the CEO. The members also approved the appointment of Ibrahim Abdulaziz Al Rushoud as …
Board of Directors
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10 September 12:31 PM Riyadh Cables’ board approves SAR 299.5m dividends for H1-25
Riyadh - Mubasher: The board of Riyadh Cables Group Company has approved interim cash dividends of SAR 299.43 million, equivalent to 20% of the company’s SAR 1.50 billion capital, for the first half (H1) of 2025. The Tadawul-listed company will …
Cash Dividends
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8 September 11:38 AM ADCB accelerates growth plans via AED 6.1bn rights issue
Abu Dhabi – Mubasher: The board members of Abu Dhabi Commercial Bank (ADCB) approved a strategic rights issue valued at AED 6.10 billion, according to a press release. The proposed rights issue will increase ADCB's issued capital from AED 7.31 …
Companies Investments
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4 September 08:35 AM Wataniya, Knowledge Net, Al Sagr Cooperative unveil new key appointments
Riyadh – Mubasher: Wataniya Insurance Company announced Hussien Akeil and Faisal Charara as the board’s Chairman and Vice Chairman, respectively. The Insurance Authority (IA) greenlighted the appointment on 28 August 2025, according to a bourse …
Corporate Actions
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3 September 09:07 AM Hilwa names new Chairman, Vice Chairman
Riyadh – Mubasher: Aljouf Mineral Water Bottling Company (Hilwa) announced Ashry bin Saad bin Muzail Al Ashry as the board’s Chairman for the coming four years, according to a bourse filing. Fahd bin Mohammed bin Ibrahim Al Habdan was named as the …
Board of Directors
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1 September 09:16 AM Petro Rabigh unveils capital change to write off accumulated losses
Riyadh - Mubasher: The board of Rabigh Refining and Petrochemical Company (Petro Rabigh) recommended a SAR 5.26 billion capital increase, which will be followed by a 23.95% capital reduction. Both transactions aim to strengthen the company’s …
Corporate Actions
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24 August 03:58 PM Najran Cement appoints new Chairman, Vice Chairman
Riyadh - Mubasher: Najran Cement Company named Fahd Abdullah Al Rajhi as the board’s Chairman for the next four years, according to a bourse filing. Majed Ali Hussein Musallam was announced as the Vice Chairman, according to a bourse disclosure. …
Corporate Actions
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24 August 05:25 AM Saudi Fisheries to develop fully-owned subsidiary
Riyadh – Mubasher: The board members of Saudi Fisheries Company agreed to establish a limited liability firm headquartered in Al Qassim with a capital of SAR 100,000. This move comes in line with the company's strategy to restructure its …
Board of Directors