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Management Decisions

Capital Market Authority (CMA)
24 May 07:53 PM AMAK submits formal application for rights issue
Riyadh – Mubasher: Almasane Alkobra Mining Company (AMAK) has officially submitted its application file to the Capital Market Authority (CMA) for a capital increase through a rights issue, according to a bourse filing. The proposed offering will …
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24 May 06:41 PM Saudi AZM secures funding from SAIB
Riyadh – Mubasher: Saudi AZM for Communication and Information Technology Company has obtained a Sharia-compliant credit facility from the Saudi Investment Bank (SAIB) at a total value of SAR 75 million, according to a bourse filing. The agreement …
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24 May 06:18 PM Al Babtain Power to voluntarily liquidate fully-owned subsidiary
Riyadh – Mubasher: The board members of Al Babtain Power and Telecommunication Company have decided to initiate the voluntary liquidation of a wholly owned subsidiary, during a meeting held on 20 May 2026. The move to voluntarily liquidate …
Sustained Infrastructure Holding Company (SISCO Holding)
24 May 05:30 PM SISCO Holding’s Hefni submits resignation
Riyadh – Mubasher: Sustained Infrastructure Holding Company (SISCO Holding) has formally announced a change in its leadership following the resignation of Saleh Ahmed Hefni. SISCO Holding accepted Hefni’s resignation from his position as an …
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24 May 02:38 PM Canadian Medical Center reveals details about nomination for newly board seat
Riyadh - Mubasher: Canadian Medical Center Company (CMCER) has officially announced the commencement of the nomination process for a newly established seat on its board of directors. This expansion of the board is intended for the current …
United Mining Industries Company
24 May 11:22 AM United Mining Industries unveils update on potential acquisition by Knauf, delisting status
Riyadh – Mubasher: United Mining Industries Company has issued an addendum confirming that Knauf International GmbH has completed a private transaction involving the company’s shares. Following this development, Knauf is now considering a formal …
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24 May 09:34 AM TADCO announces addition to board of directors
Riyadh – Mubasher: Tabuk Agricultural Development Company (TADCO), a prominent player in the Saudi Arabian agricultural sector, has announced the appointment of Hatim Ali Talib Barajjash as an independent member joining its board of directors, …
Hamad Mohammed Bin Saedan Real Estate Company
21 May 10:02 PM Hamad Bin Saedan Real Estate announces Audit Committee Chairman
Riyadh – Mubasher: Announcement of Hamad Mohammed Bin Saedan Real Estate Company has announced the appointment of Mohammed bin Abdulmohsen Al Assaf as the Chairman of its Audit Committee. The appointment of Al Assaf will become effective on 30 May …
Ratio Speciality Company for Trading
21 May 07:35 PM Ratio Speciality unveils leadership changes
Riyadh – Mubasher: Ratio Speciality Company for Trading has announced the resignation of its Chairman along with another board member, according to a bourse filing. The resignations of Fares Ibrahim Al Rashid Al Humaid and Ahmed Abdullah Al Thani …
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21 May 06:26 PM Arabian Pipes announces developments related to capital raise proposal
Riyadh – Mubasher: Arabian Pipes Company has issued a formal update regarding the board of directors' recommendation to increase the capital through the issuance of bonus shares, according to a bourse filing. The company confirmed that it is …
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21 May 03:54 PM Edaa implements corporate action on Naseej for Technology’s securities
Riyadh – Mubasher: The Securities Depository Center Company (Edaa) has announced the successful implementation of a securities quantity increase for Naseej for Technology Company, according to an official statement. The adjustment was applied to …
Saudi Exchange (Tadawul)
20 May 09:57 PM CMA nods for delisting of Alkhabeer Capital’s fund
Riyadh – Mubasher: The Saudi Capital Market Authority (CMA) has issued a resolution approving a request from Alkhabeer Capital to delist Alkhabeer Growth and Income Fund from the Saudi Exchange (Tadawul), according to an official statement. The …
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20 May 07:55 PM Seera completes creditor objection period capital cut
Riyadh – Mubasher: Seera Group Holding has officially announced the conclusion of the creditor objection period regarding its planned capital reduction. The company confirmed that the designated window for creditors to voice formal opposition …
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20 May 07:37 PM Thimar halts bonus, allowances for board members
Riyadh – Mubasher: Thimar Development Holding Company announced the board of directors' decision to suspend the calculation of bonuses and attendance allowances for members of the board and its subcommittees, according to a bourse disclosure. The …
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20 May 04:45 PM GGCI appoints Alghamdi as Acting CEO
Riyadh – Mubasher: Gulf General Cooperative Insurance Company (GGCI) has appointed Mohammed Abdullah Alghamdi as its Acting Chief Executive Officer (CEO), according to a bourse filing. In accordance with the regulatory framework governing the …
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19 May 08:01 PM Al Babtain Power’s board approves SAR 32m dividends for Q1-26
Riyadh – Mubasher: The board members of Al Babtain Power and Telecommunication Company decided to pay out a cash dividend to shareholders for the first quarter (Q1) of the 2026, according to a bourse filing. The total amount is valued at …
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19 May 06:47 PM Almuneef obtains regulatory nod for 50% capital raise via bonus shares
Riyadh – Mubasher: The Capital Market Authority (CMA) of Saudi Arabia has issued a resolution approving a request from Almuneef Company for Trade, Industry, Agriculture and Contracting to increase its capital base by SAR 19 million. The approval …
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19 May 05:51 PM Naseej for Technology stock’s fluctuation limits unveiled
Riyadh – Mubasher: The Saudi Exchange (Tadawul) has announced a formal adjustment to the trading parameters for Naseej for Technology Company, following the successful conclusion of the company’s extraordinary general meeting (EGM) on 18 May 2026. …
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17 May 07:59 PM BAAN Holding unveils plan to eliminate accumulated losses before end-June
Riyadh – Mubasher: BAAN Holding Group has announced a comprehensive strategic plan to fully extinguish its accumulated losses before the end of the second quarter (Q2) of 2026, according to a bourse filing. This financial restructuring initiative …
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17 May 07:40 PM TADCO amends capital change recommendation following Q1-26 results
Riyadh – Mubasher: Tabuk Agricultural Development Company, known as TADCO, has made an update to its board of directors' recommendation regarding a capital reduction, following the review of financial results for the first quarter (Q1) of 2026. …
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17 May 06:33 PM MIS concludes equity acquisition in Eltizam Insurance
Riyadh – Mubasher: Al Moammar Information Systems Company (MIS) has announced the acquisition of a 15% stake in Eltizam Insurance platform, according to a bourse filing. The transaction is valued at SAR 19.50 million and was finalized following …
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17 May 04:24 PM Entaj announces resignation of CEO, delegation of Abu Sharakh
Riyadh – Mubasher: The Arabian Company for Agricultural and Industrial Investment (Entaj) has accepted the resignation of the CEO Raja bin Mohammed Al Harbi effective 17 May 2026. The company subsequently delegated Ahmed Zain Abu Sharakh to assume …
Saudi Exchange (Tadawul)
17 May 04:11 PM SAB Invest becomes inaugural market maker under Tadawul’s new ETF framework
Riyadh – Mubasher: The Saudi Exchange (Tadawul) has officially announced the approval of SAB Invest to act as the first designated market maker under the Exchange Traded Funds (ETF) Market Making Framework, which was launched earlier in 2026. This …
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17 May 03:16 PM Saudi CMA approves Maharah’s request for 26.32% capital raise
Riyadh – Mubasher: The Capital Market Authority (CMA) of Saudi Arabia has officially approved for Maharah Human Resources Company to increase its total capital from SAR 475 million to SAR 600 million through bonus shares to the company’s existing …
Arabian Internet and Communications Services Company (solutions)
17 May 02:55 PM Solutions obtains regulatory approval to double capital
Riyadh – Mubasher: The Capital Market Authority (CMA) of Saudi Arabia has officially granted approval for Arabian Internet and Communications Services Company (solutions) to proceed with a 100% capital increase through the issuance of bonus …