Riyadh – Mubasher: United Electronics Company (eXtra) named Yousef Ali Zaid Al Quraishi as the board’s Chairman for the next three years. The Saudi firm also appointed Fozan Mohammed Ahmed Al Fozan as the Vice Chairman, according to a bourse …
Riyadh – Mubasher: Abdullah Al Othaim Markets Company posted an annual decline of 2.98% in net profit to SAR 116.43 million during the first quarter (Q1) of 2024, compared to SAR 120.01 million. Revenues increased by 9.03% year-on-year (YoY) to …
Abu Dhabi – Mubasher: ADNOC Drilling Company recorded an annual leap of 26% in net profit after tax to $274.61 million during the first quarter (Q1) of 2024, versus $218.68 million. The company witnessed 24% year-on-year (YoY) higher revenues at …
Riyadh – Mubasher: Saudi industrial hub King Salman Energy Park (SPARK) has appointed Nasir Al Naimi as its new Chairman to support Saudi Arabia’s endeavours to become a global hub for trade, transport, and logistics solutions and services. Al …
Dubai – Mubasher: Ajman Bank registered net profits amounting to AED 107.42 million in the first quarter (Q1) of 2024, marking a year-on-year (YoY) hike from AED 49.15 million. Total operating income before depositors’ share of profits reached AED …
Riyadh – Mubasher: The board of Saudi Cable Company suggested, in its 8 May 2024 meeting, a capital hike through a rights issue, according to a bourse disclosure. The company would raise the capital by SAR 400 million upon the approvals of the …
Riyadh – Mubasher: The board members of Al Modawat Specialized Medical Company proposed, in their 8 May 2024 meeting, to split the par value from SAR 10 per share to SAR 1 a share. Following the stock split transaction, the number of shares will …
Riyadh – Mubasher: The board of Nofoth Food Products Company proposed a cash dividend worth SAR 0.20 per share for 2023. During its 7 May 2024 meeting, the board recommended paying 20% of the SAR 48 million capital as dividends for last year, …
Riyadh – Mubasher: Saudi Printing and Packaging Company has appointed Adel bin Marzouq Al Nasser as its new Chairman for the coming three years. The board also named Muhammad Amin bin Dawood Kashgari as the Vice Chairman, according to a bourse …
Abu Dhabi – Mubasher: International Holding Company (IHC) recorded 87.60% higher net profits after tax at AED 8.01 billion in the first quarter (Q1) of 2024, compared to AED 4.27 billion in Q1-23. IHC generated revenues amounting to AED 19.28 …
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) posted a 14.44% year-on-year (YoY) decline in net profit to SAR 102.27 billion in the first quarter (Q1) of 2024 from SAR 119.54 billion. Revenues went down 3.69% YoY to SAR 402.04 billion in …
Riyadh – Mubasher: Tihama Advertising, Public Relations, and Marketing Company announced the resignation of Ibrahim bin Muhammad Al Shabib from his position as the Chairman of the board for personal reasons, according to a bourse disclosure. Al …
Riyadh – Mubasher: Leejam Sports Company (Fitness Time) logged net profits valued at SAR 94 million in the first quarter (Q1) of 2024, an annual rise of 49.20% from SAR 63 million. The listed firm posted 24.18% higher revenues at SAR 344 million …
Riyadh – Mubasher: The board members of Academy of Learning Company recommended a 50% capital increase to SAR 90 million from SAR 60 million bonus shares by granting one bonus share for every two owned shares. The Saudi firm will transfer an …
Riyadh – Mubasher: Alinma Bank will disburse cash dividends totalling SAR 621.38 million for 2.48 billion eligible shares for the first quarter (Q1) of 2024. The Saudi lender will distribute a dividend per share of SAR 0.25 after deducting Zakat, …
Cairo – Mubasher: The board members of Alexandria Container and Cargo Handling Company agreed to increase the issued and paid-up capital to EGP 1.48 billion from EGP 744.87 million. The EGX-listed firm will raise its capital by EGP 744.87 million …
Riyadh – Mubasher: Herfy Food Services Company announced appointing new Chairman and Vice Chairman for a term of four years. The company appointed Mutaz Qusai Alazawi as Chairman and Esam Majed Al Muhaidib as Vice Chairman, according to a bourse …
Riyadh – Mubasher: Lazurde Company for Jewelry has appointed Abdullah Abdulaziz Al Othaim as its new Chairman for the coming three years. The board also named Saud Ghassan Al Sulaiman as the Vice Chairman, according to a bourse filing. The two …
Riyadh – Mubasher: The board of Intelligent Oud Company for Trading has proposed, in its 28 April 2024 meeting, a capital increase by 20% to strengthen the firm’s finances and support its future expansion plans. The board members recommended …
Riyadh – Mubasher: Tourism Enterprises Company (Shams) named Abdullah bin Omar Al Suwailem as its new CEO on 28 April 2024, according to a bourse disclosure. Al Suwailem succeeded Mohannad bin Saleh Al Onaizan who refused to renew his contract due …
Riyadh – Mubasher: Almunajem Foods Company’s board approved establishing a new factory to produce poultry, red meat, seafood, and dairy products with around SAR 157 million in investments. The new factory will have a production capacity of 35,000 …
Dubai - Mubasher: The board of Shuaa Capital elected, on 26 April 2024, Badr Al Olama as the new Chairman, according to a bourse disclosure. Nabil Ramadhan and Ahmed Alahmadi were announced as the Vice Chairman and the Managing Director of Shuaa …
Dubai – Mubasher: The board members of Amlak Finance appointed, on 25 April, Jamal Hamed Almarri as the Chairman. The board also agreed to name Shaker Fareed Zainal as the Vice Chairman, according to a bourse filing. In the 12-month period that …
Cairo – Mubasher: Orascom Construction’s board recommended the disbursement of $0.20 per share in cash dividends for 2023. Dividends are scheduled to be paid in August 2024, according to a bourse filing. Shareholders in Nasdaq Dubai receive their …
Abu Dhabi – Mubasher: RAK Ceramics elected Saqr bin Saud bin Saqr Al Qasimi as the Chairman of the board. Fawaz Sulaiman Al Rajhi as the Vice Chairman was announced as the Vice Chairman, according to a bourse disclosure. The board members of RAK …
