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03 September 04:16 AM

Board of Directors

Photo Archive
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 …
Company News
Saudi Riyal
1 September 10:37 PM Molan Steel withdraws rights issue application
Riyadh — Mubasher: Molan Steel Company announced that its board of directors has decided to withdraw the application to increase its capital through a rights issue. The company had previously submitted a file to the Capital Market Authority (CMA) …
Board of Directors
Photo Archive
1 September 10:31 PM Keir International announces net loss reduction in H1-26
Riyadh — Mubasher: Keir International Company announced its interim financial results for the six-month period ended on 30 June 2026, reporting a significant narrowing of its net loss to SAR 11.84 million from SAR 35.69 million in H1-25. The …
Management Decisions
Photo Archive
1 September 02:36 PM Batic Investment appoints new board member
Riyadh – Mubasher: Batic Investments and Logistics Company has appointed Mohammed Al Abed as an independent member of its board of directors, effective 1 September 2026. The appointment follows the resignation of independent board member Hanadi …
Company News
Photo Archive
1 September 02:10 PM Derayah Financial appoints new audit committee
Riyadh – Mubasher: Derayah Financial Company formed its audit committee for a new term starting 1 September 2026, according to a bourse filing. The committee, appointed by the board of directors on 31 August 2026, will serve until the conclusion …
Board of Directors
Photo Archive
31 August 11:10 PM Sure Global Tech announces resignation of Audit Committee member
Riyadh — Mubasher: Sure Global Tech Company announced the resignation of Faisal Mohammed Al Obaid from his position as an external member of the company’s audit committee. The resignation was submitted and became effective on 27 August 2026, …
Board of Directors
Saudi Riyal
30 August 09:32 PM Sahat Almajd to distribute nearly SAR 6m dividends for H1-26
Riyadh — Mubasher: Sahat Almajd Trading Company announced that its board of directors has resolved to distribute SAR 5.91 million in cash dividends to shareholders for the first half (H1) of the 2026 fiscal year. The total payout will be …
Board of Directors
Photo Archive
30 August 09:22 PM Pan Gulf Marketing elects new board until 2030
Riyadh — Mubasher: Pan Gulf Marketing Company announced the results of its ordinary general assembly meeting (OGM), where shareholders approved the election of board members for a new four-year term. The new session is scheduled to begin on 19 …
Corporate Actions
Photo Archive
30 August 07:17 PM Hedab Alkhaleej Trading forms new Audit Committee
Riyadh — Mubasher: Hedab Alkhaleej Trading Company lately announced the formation of its audit committee for the new board of directors term. The committee’s tenure began on 22 August 2026 and is scheduled to conclude on 21 August 2030, following …
Corporate Actions
Photo Archive
30 August 07:16 PM Riyal Investment to vote on EGM agenda items next month
Riyadh — Mubasher: Riyal Investment and Development Company invited its shareholders to attend an extraordinary general meeting (EGM) that will be conducted via modern technology to discuss and vote on proposed amendments to the company’s bylaws. …
General Assembly
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30 August 07:03 PM Hedab Alkhaleej Trading announces new board, committees leadership
Riyadh — Mubasher: Hedab Alkhaleej Trading Company recently restructured its leadership and formed several board committees following the commencement of its new board session on 22 August 2026, according to a bourse filing. The board of directors …
Corporate Actions
Photo Archive
30 August 05:54 PM National Building appoints Audit Committee member
Riyadh — Mubasher: National Building and Marketing Company recently restructured its audit committee through the appointment of Abdulaziz Ali Al Hudaib, according to a bourse filing. The company clarified that the board of directors reached a …
Board of Directors
Photo Archive
30 August 12:45 PM Red Sea appoints Nassif as new CEO
Riyadh — Mubasher: Red Sea International Company announced that its board of directors approved the resignation of Hani bin Othman Baothman from his position as Group CEO on 28 August 2026. The resignation follows the completion of major …
Corporate Actions
Photo Archive
30 August 11:22 AM Nahdi Medical to vote on board election, auditor fees
Riyadh — Mubasher: Nahdi Medical Company has issued an invitation to its shareholders to attend the Ordinary General Assembly meeting scheduled for 27 September 2026 at 18:30. The meeting, which will be conducted via modern technology, aims to …
Company News
Photo Archive
30 August 08:00 AM Rawasi Albina elects new board for next 3 years
Riyadh — Mubasher: Rawasi Albina Investment Company announced the results of its ordinary general meeting (OGM) on 26 August 2026, where shareholders approved the election of board members for the upcoming three-year term. The new session is …
Management Decisions
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
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
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 …
Company News
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 …
Cash Dividends
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25 August 07:24 PM MEPCO to vote on reallocating over SAR 291m for project, agenda items next month
Riyadh — Mubasher: Middle East Paper Company (MEPCO) announced a board recommendation to reallocate SAR 291.12 million of share issuance proceeds to its fifth paper production line (PM5) project. The board proposal will be discussed during the …
General Assembly
Saudi Riyal
25 August 06:14 PM First Mills corrects details of upcoming OGM
Riyadh — Mubasher: First Milling Company (First Mills) issued a corrective announcement regarding its Ordinary General Assembly meeting (OGM) that is scheduled for 30 August 2026. The company clarified that the upcoming board of directors' term …
Company News
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 …
Board of Directors
Photo Archive
24 August 04:54 PM Riyad Capital announces updates to Riyad REIT Fund terms, conditions
Riyadh — Mubasher: Riyad Capital, the fund manager of Riyad REIT Fund, announced an update to the fund’s terms and conditions effective 24 August 2026. The amendments include significant changes to the fund’s governance and administrative …
Cash Dividends
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 …
Company News
Raydan Food Company
24 August 04:23 PM Raydan Food announces resignation of Audit Committee member
Riyadh — Mubasher: The board of Raydan Food Company approved the resignation of audit committee member Imad Zain Al Abidin Al Harbi, according to a bourse filing. The resignation of Al Harbi was submitted on 17 August 2026, citing personal …
Board of Directors