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07 April 02:48 PM

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19 March 2025 06:05 PM Waha Capital’s shareholders approve 2024 cash dividends
Abu Dhabi – Mubasher: The shareholders of Waha Capital approved a cash dividend of 10 fils per share during the company’s annual general meeting (AGM) that was held on 18 March 2025. The shareholders also reinforced Waha Capital’s commitment to …
Cash Dividends
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19 March 2025 05:46 PM DSI’s unit awarded AED 169m project contact
Dubai – Mubasher: Passavant Energy & Environment Limited, a subsidiary of Drake & Scull International (DSI), has been awarded an AED 169 million contract by Maharashtra Industrial Township Limited (MITL). The project scope includes the complete …
Companies Investments
Photo Archive
19 March 2025 04:31 PM Qassim Cement’s profits cross SAR 301m in 2024
Riyadh – Mubasher: Qassim Cement Company achieved net profits worth SAR 301.34  million in 2024, higher by 112.26% year-on-year (YoY) than SAR 141.97 million. Revenues surged by 65.81% YoY to SAR 967.57 million at the end of December 2024 from SAR …
Financial Results
Photo Archive
19 March 2025 04:06 PM Riyadh Cement’s profits hike 64.5% in 2024
Riyadh – Mubasher: Riyadh Cement Company registered SAR 310.43 million in net profit at the end of December 2024, higher by 64.45% year-on-year (YoY) than SAR 188.77 million. Revenues increased by 22.69% to SAR 789.39 million last year from SAR …
Financial Results
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19 March 2025 03:37 PM Taiba Investments records SAR 334m profits in 2024; dividends proposed
Riyadh – Mubasher: Taiba Investments Company logged net profits valued at SAR 333.70 million at the end of December 2024, an annual leap of 205.59% from SAR 109.20 million. Revenues hiked by 43.03% to SAR 1.31 billion last year from SAR 536.40 …
Financial Results
Photo Archive
19 March 2025 03:19 PM Prices of investment funds including certificates in EGP, USD – Updated
Cairo – Mubasher: According to updated data, Mubasher is featuring mutual funds along with relevant prices based on the latest closing. Below you can find the names of Investment Funds as well as the price of each certificate in EGP, except for …
Trading Activities
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19 March 2025 01:39 PM Al Akaria sees 218% higher profits in 2024
Riyadh – Mubasher: Saudi Real Estate Company (Al Akaria) registered 218.19% year-on-year (YoY) higher net profits at SAR 215.10 million during 2024, compared to SAR 67.60 million. The revenues reached SAR 1.98 billion last year, up 9.56% from SAR …
Financial Results
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19 March 2025 01:29 PM Bahri’s board mulls cash dividends for 2024, capital hike
Riyadh – Mubasher: The National Shipping Company of Saudi Arabia (Bahri) announced the board’s recommendation to disburse cash dividends of SAR 738.28 million for 2024. Bahri will pay out a dividend of SAR 1 per share for 738.28 million eligible …
Board of Directors
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19 March 2025 10:53 AM Petro Rabigh suffers lower losses at SAR 4.5bn in 2024
Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) incurred net losses worth SAR 4.54 billion in 2024, an annual decline of 3.15% from SAR 4.69 billion. Revenues plummeted by 11.78% year-on-year (YoY) to SAR 39.34 billion …
Financial Results
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19 March 2025 10:30 AM UAE’s NymCard secures $33m funding to drive financial innovation in MENA
UAE – Mubasher: Dubai-based NymCard, MENA’s trusted partner in embedded finance, has secured $33 million in its latest Series B funding round, led by QED Investors. This marks QED Investors’ most significant investment in the region and the first …
Companies Investments
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18 March 2025 05:24 PM Checkout.com, Tabby to expand BNPL solutions in UAE, Saudi Arabia
UAE– Mubasher: Checkout.com has teamed up with Tabby to offer flexible and high-performing payment solutions to merchants in the UAE and Saudi Arabia, according to a press release. Under the partnership, Tabby will integrate BNPL solutions …
Companies Investments
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18 March 2025 04:18 PM PureHealth mulls AED 343m cash dividends for 2024
Abu Dhabi – Mubasher: PureHealth Holding’s board members proposed its first-ever dividend distribution since listing on the Abu Dhabi Securities Exchange (ADX) in December 2023. The board recommended a total dividend of AED 343 million, equivalent …
Cash Dividends
Gulf Islamic Investments
18 March 2025 04:08 PM GII Saudi Arabia intends to double existing $750m US investments
Riyadh – Mubasher: Gulf Islamic Investments (GII) group plans an expansion of its US assets, aiming to double its existing portfolio of $750 million through GII Saudi Arabia in the next four years. The successful public offering of an allocation …
Companies Investments
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18 March 2025 04:04 PM SAL inks joint deal for SAR 4bn logistics zone
Riyadh – Mubasher: Saudi Logistics Services Company (SAL) and Sela inked a deal to develop the SAL Logistics Zone in Falcon City, with SAR 4 billion investments. Spanning 1.50 million square metres, the joint project aims to support the logistics …
Companies Investments
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18 March 2025 03:32 PM Prices of investment funds including certificates in EGP, USD – Updated
Cairo – Mubasher: According to updated data, Mubasher is featuring mutual funds along with relevant prices based on the latest closing. Below you can find the names of Investment Funds as well as the price of each certificate in EGP, except for …
Companies Investments
Photo Archive
18 March 2025 02:59 PM Aldawaa Medical Services records 12.5% higher profits at SAR 370m in 2024
Riyadh – Mubasher: The net profits of Aldawaa Medical Services Company climbed by 12.41% year-on-year (YoY) to SAR 370.10 million in 2024 from SAR 329.22 million. The company generated revenues valued at SAR 6.45 billion last year, higher by …
Financial Results
Photo Archive
18 March 2025 02:13 PM Yanbu Cement’s profits jump 31% in 2024
Riyadh – Mubasher: Yanbu Cement Company recorded 31.02% year-on-year (YoY) higher net profits at SAR 157.12 million at the end of December 2024, compared with SAR 119.92 million. Revenues amounted to SAR 876.13 million last year, up 5.91% from SAR …
Financial Results
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18 March 2025 00:01 PM Knowledge Economic City’s losses plunge 54% in 2024
Riyadh – Mubasher: Knowledge Economic City suffered 54% lower net losses at SAR 20.95 million in 2024, compared to SAR 45.55 million in 2023. Revenues hiked by 137.51% year-on-year (YoY) to SAR 158.80 million at the end of December 2024 from SAR …
Financial Results
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18 March 2025 10:27 AM e&, RAIN Technology join forces to boost healthcare solutions in MEA
Abu Dhabi – Mubasher: e& enterprise, the digital transformation arm of e&, has entered into a strategic partnership with AI-powered healthcare solutions leader RAIN Technology, according to a press release. This partnership contributed to …
Companies Investments
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18 March 2025 09:31 AM CMA approves Nomu listing of 3 companies
Riyadh – Mubasher: The Capital Market Authority (CMA) passes, on 17 March, the requests of three companies to trade their shares on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul). Marketing Home Group Company plans to offer 4.80 …
Trading Activities
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17 March 2025 09:19 PM BinDawood Holding unveils SAR 114m cash dividends for H2-24
Riyadh – Mubasher: BinDawood Holding Company announced cash dividends of SAR 114.10 million, equivalent to 10% of the capital, for the second half (H2) of 2024. The Tadawul-listed company will disburse a dividend of SAR 0.10 per share for 1.14 …
Board of Directors
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17 March 2025 09:05 PM Saudi Kayan inks SAR 8.1bn loan from 3 listed lenders
Riyadh – Mubasher: Saudi Kayan Petrochemical Company penned an agreement, on 16 March, to refinance Islamic Murabaha loans amounting to SAR 8.10 billion with certain local banks. This deal aims to achieve several strategic objectives, including …
Companies Investments
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17 March 2025 05:06 PM Budget Saudi’s profits hike 12.5% in 2024; dividends for H2 unveiled
Riyadh – Mubasher: United International Transportation Company (Budget Saudi) recorded a 12.44% year-on-year (YoY) growth in net profit to SAR 311.69 million at the end of December 2024. The registered net profits were compared with SAR 277.21 …
Board of Directors
Photo Archive
17 March 2025 03:37 PM Prices of investment funds including certificates in EGP, USD – Updated
Cairo – Mubasher: According to updated data, Mubasher is featuring mutual funds along with relevant prices based on the latest closing. Below you can find the names of Investment Funds as well as the price of each certificate in EGP, except for …
Trading Activities
Photo Archive
17 March 2025 02:20 PM Almunajem Foods records nearly SAR 279m profits in 2024
Riyadh – Mubasher: Almunajem Foods Company achieved net profits amounting to SAR 278.70 million in 2024, down 1.24% year-on-year (YoY) from SAR 282.20 million. The company posted a 0.98% growth in revenue to SAR 3.34 billion as of 31 December …
Financial Results