KSA
Mubasher TV
 Contact Us Advertising   العربية
KSA
TDWL Closed
04 July 05:29 AM

Board of Directors

Photo Archive
2 July 03:05 PM SIIG’s board ratifies SAR 377m dividends for H1-24
Riyadh – Mubasher: The board of Saudi Industrial Investment Group (SIIG) approved the distribution of SAR 377.40 million, or SAR 0.50 per share, in cash dividends for the first half (H1) of 2024. Dividends are set to be distributed on 22 July 2024 …
Board of Directors
Photo Archive
1 July 09:44 AM Kingdom Holding announces 2 key appointments
Riyadh – Mubasher: Kingdom Holding Company named Prince Alwaleed bin Talal bin Abdulaziz Al Saud as the Chairman of the board for the next three years. Lama Abdulaziz Al-Sulaiman was appointed as the Vice Chairman, according to a bourse …
Management Decisions
Photo Archive
30 June 11:15 AM Makkah Construction and Development announces CEO resignation
Riyadh – Mubasher: The board of Makkah Construction and Development Company has accepted the resignation of Fahd Muhammad Al Fawaz from the position of CEO due to personal circumstance. The decision will be effective 1 July 2024, according to a …
Management Decisions
Photo Archive
26 June 09:36 AM AMOC eyes EGP 4.2bn revenues in FY24/25
Cairo – Mubasher: The board of Alexandria Mineral Oils Company (AMOC) greenlighted the capital budget for fiscal year (FY) 2024/2025 to nearly EGP 551.80 million, according to a bourse disclosure. The EGX-listed firm targets net profits after tax …
Financial Results
Photo Archive
25 June 11:22 AM ADNOC Drilling’s shareholders approve new dividends policy for 2024-28
Abu Dhabi – Mubasher: The shareholders of ADNOC Drilling Company greenlighted the new progressive dividend policy for 2024-2028, which will see dividends grow by at least 10% annually. The expected cumulative minimum yield from the new policy is …
Companies Investments
Photo Archive
24 June 02:24 PM SASCO names Chairman, Vice Chairman
Riyadh – Mubasher: Saudi Automotive Services Company (SASCO) has appointed Chairman, Vice Chairman, and a Managing Editor. The company’s board appointed Ibrahim Mohammed Alhudaithi as Chairman, according to a bourse filing. The board also named …
Board of Directors
Photo Archive
24 June 01:50 PM Budget Saudi names new Chairman, Vice Chairman
Riyadh – Mubasher: United International Transportation Company (Budget Saudi) appointed Ibrahim Saad Al Mojel as the board’s Chairman for the next four years. Abdulwahab Abdulkarim Albetari was named as the Vice Chairman, according to a bourse …
Management Decisions
Photo Archive
23 June 10:36 AM SIDC eyes restructuring capital to lower accumulated losses
Riyadh – Mubasher: Saudi Industrial Development Company (SIDC) submitted an application file, on 13 June, to the Capital Market Authority (CMA) to reduce its capital by SAR 265 million. The new capital will stand at SAR 135 million distributed …
Management Decisions
Photo Archive
20 June 04:55 PM Al Seer Marine appoints Alvarado as Deputy CEO
Abu Dhabi – Mubasher: Maritime organisation Al Seer Marine Supplies and Equipment, a subsidiary of the listed International Holding Company (IHC), has appointed Gunther Alvarado as its Deputy CEO, according to a bourse filing. Alvarado will be …
Board of Directors
Photo Archive
13 June 03:10 PM Sipchem announces SAR 362.5m dividends for H1-24
Riyadh – Mubasher: The board of Sahara International Petrochemical Company (Sipchem) approved cash dividends worth SAR 362.56 million, representing 5% of the capital, for the first half (H1) of 2024. The company will pay out a dividend of SAR 0.50 …
Cash Dividends
Photo Archive
13 June 02:32 PM Raydan Food unveils changes in board
Riyadh – Mubasher: Raydan Food Company announced the resignation of Omar Rabeh Al Sulami from his position as the company’s Chairman, according to a bourse filing. Nair Bayan Al Sulami, who is the current Vice Chairman, took over the role of the …
Board of Directors
Photo Archive
13 June 10:46 AM Modern Mills to disburse SAR 82m dividends for 2023
Riyadh – Mubasher: The shareholders of Modern Mills for Food Products Company greenlighted SAR 81.83 million, equivalent to 100% of the share capital, for 2023.  The firm will pay out a dividend of SAR 1 per share on 7 July 2024, according to a …
Cash Dividends
Photo Archive
13 June 10:22 AM MEPCO’s CEO resigns; Renders succeeds
Riyadh – Mubasher: The board members of Middle East Paper Company (MEPCO) accepted the resignation of Sami Ali Al Safran as the company’s CEO. Jan Renders, a current board member, took over as an acting CEO of MEPCO on 13 June, according to a …
Management Decisions
Photo Archive
12 June 03:13 PM Gulf Navigation’s Vice Chairman resigns
Dubai – Mubasher: Mohamed Abdulrahman Amiri resigned from his position as the Vice Chairman of Gulf Navigation Holding (GNH). Abdulrahman Mahmoud Al Afifi will succeed Amiri, according to a bourse disclosure. The board accepted the resignation …
Corporate Actions
Sultan Ahmed Al Jaber, Chairman of Presight
12 June 10:57 AM Al Jaber announced Chairman of Presight
Abu Dhabi – Mubasher: Presight AI Holding elected, on 10 June, Sultan Ahmed Al Jaber as the Chairman of the board. Mansoor Al Mansoori was also announced as the Vice Chairman, according to a bourse disclosure. Al Jaber is the UAE’s special envoy …
Board of Directors
Photo Archive
11 June 12:26 PM Takaful Emarat mulls capital hike to boost operations
Dubai – Mubasher: The board of Takaful Emarat – Insurance recommended a capital increase valued at AED 60 million to enhance the company’s financial position and ensure long-term business stability. The board called for the shareholders to approve …
Board of Directors
Photo Archive
11 June 09:03 AM ACWA Power backs growth plans via capital increase
Riyadh – Mubasher: The board members of ACWA Power Company recommended, on 10 June, a capital hike through a rights issue valued at SAR 7.12 billion. The board’s recommendation is subject to the approval of the relevant regulatory authorities and …
Companies Investments
Photo Archive
10 June 02:40 PM B Investments’ shareholders greenlight dividends for 2023
Cairo – Mubasher: The ordinary general meeting (OGM) of B Investments Holding approved the board’s proposal to distribute cash dividends amounting to EGP 1 per share for 2023. The company will disburse a dividend of EGP 218.36 million in addition …
General Assembly
Photo Archive
9 June 03:19 PM Alexandria Container’s EGM approves capital raise
Cairo – Mubasher: The extraordinary general meeting (EGM) of Alexandria Container and Cargo Handling Company approved increasing the authorised capital to EGP 2 billion from EGP 1 billion. The shareholders also agreed to raise the issued and …
Management Decisions
Photo Archive
9 June 01:59 PM GO unveils Q1-24 dividends, financials
Riyadh - Mubasher: The board of Etihad Atheeb Telecommunication Company (GO) proposed cash dividends worth SAR 10.19 million, representing 3% of the capital, in the first quarter (Q1) of 2024. GO will disburse a dividend of SAR 0.30 per share for …
Cash Dividends
Photo Archive
9 June 09:33 AM Fitness Time to disburse SAR 51m dividends for Q1-24
Riyadh – Mubasher: The shareholders of Leejam Sports Company (Fitness Time) approved cash dividends amounting to SAR 50.81 million in the first quarter (Q1) of 2024. The company will disburse a dividend of SAR 0.97 per share, equivalent to 9.70% …
Cash Dividends
Photo Archive
6 June 03:59 PM Thobe Al Aseel’s CEO resigns; Al Maleh succeeds
Riyadh – Mubasher: Ahmed Saleh Al Sultan resigned from his position as the CEO of Thob Al Aseel Company on 5 June 2024, which is set to become effective on 13 June. Abdulrahman Saeed Al Maleh took over the role as the company’s new CEO, according …
Corporate Actions
Photo Archive
6 June 03:49 PM Aqaseem Factory’s board mulls cash dividends for 2023
Riyadh – Mubasher: The board members of Aqaseem Factory for Chemicals and Plastics Company proposed cash dividends amounting to SAR 5 million for 2023, according to a bourse disclosure. The Saudi firm will pay out a dividend of SAR 2 per share, …
Board of Directors
Photo Archive
6 June 12:23 PM Saudi Cement unveils 12.5% of capital as cash dividends for H1-24
Riyadh – Mubasher: Saudi Cement Company announced cash dividends valued at SAR 191.25 million, representing 12.50% of the capital, for the first half (H1) of 2024. The company will pay out a dividend of SAR 1.25 per share for 153 million eligible …
Cash Dividends
Photo Archive
6 June 11:02 AM Al Babtain Food names new Chairman, Vice Chairman
Riyadh – Mubasher: Abdulaziz & Mansour Ibrahim Albabtain Company (Al Babtain Food) has appointed Mansour Ibrahim Abdullah Ababtain as the board’s Chairman for the next three years. Abdul Aziz Ibrahim Abdullah Al Babtain was announced as the Vice …
Management Decisions