Riyadh – Mubasher: Sustained Infrastructure Holding Company approved a total cash dividend distribution of SAR 65.28 million for the 2025 fiscal year and elected a new Board of Directors to serve a four-year term beginning in July 2026. The …
Riyadh – Mubasher: Alinma Bank has announced the successful completion of its share buyback process, acquiring 5 million of its own ordinary shares. The transaction will be allocated toward the bank’s Employee Stock Incentive Program (ESIP), …
Riyadh - Mubasher: Hedab Alkhaleej Trading Company penned an agreement to renew Sharia-compliant banking facilities with Al Rajhi Bank at a total amount of SAR 50 million. The financing deal, signed on 11 June 2026, is valid until 30 November this …
Riyadh – Mubasher: Allied Cooperative Insurance Group (ACIG) has announced the results of its Ordinary General Assembly Meeting, which concluded with the ratification of the company’s financial reports for 2025 and the appointment of external …
Riyadh – Mubasher: Umm Al Qura for Development and Construction Company, trading as MASAR on the Saudi Exchange, has convened its 15th Extraordinary General Assembly during which shareholders approved the fiscal reports for 2025. The shareholders …
Riyadh – Mubasher: The National Shipping Company of Saudi Arabia, known as Bahri, held its Ordinary General Assembly meeting on 10 June 2026, where shareholders approved a substantial cash dividend for 2025 and ratified several high-value …
Riyadh – Mubasher: Al Etihad Cooperative Insurance Company announced the resignation of Ahmed Yousef Boushnak from its Board of Directors, effective 12 June 2026, according to a disclosure Boushnak also stepped down as Chairman of the Nominations …
Riyadh – Mubasher: The Mediterranean and Gulf Insurance and Reinsurance Company (MedGulf) will hold an Extraordinary General Assembly Meeting on 29 June 2026, which will focus on a strategic proposal to offset accumulated losses using the …
Riyadh – Mubasher: The Capital Market Authority (CMA) has approved a request from The Company for Cooperative Insurance (Tawuniya) to increase its share capital by 50% through the issuance of bonus shares, according to an official statement. This …
Riyadh – Mubasher: The Saudi banking app industry is expected to grow at an average rate of 4.88% annually, reaching SAR 121.71 billion by 2030, according to a press release. This shows the increasing adoption of digital banking services across …
Riyadh – Mubasher: Saudi Awwal Bank (SAB) has completed the buyback of 5.74 million shares for the employee stock incentive program (ESIP) after receiving the extraordinary general meeting’s (EGM) approval on 21 April. The value of the purchased …
Riyadh – Mubasher: Bank Aljazira plans to fully redeem its $500 million Tier 1 sukuk at nominal value, representing 100% of the issue price, on 29 June, according to a bourse disclosure. In accordance with the Sukuk's terms and conditions, the …
Riyadh - Mubasher: Standard Chartered has received approval from the Capital Market Authority (CMA) for its subsidiary, Standard Chartered Capital Saudi Arabia, to conduct investment management and fund operations activities in the Kingdom, …
Riyadh - Mubasher: Al Kuzama Trading Company has obtained a SAR 35 million Shariah-compliant credit facility from Al Rajhi Bank, according to a bourse filing. The deal aims to finance the acquisition of a 25% stake in Unique Food Catering Company …
Riyadh - Mubasher: Gulf Insurance Group (GIG) has received final approval from the Saudi Insurance Authority to market its freight service liability insurance product to group customers in the Kingdom. The approval was granted on 4 June 2026 and …
Riyadh - Mubasher: The money supply (M3) of Saudi Arabia grew by 5.98% to SAR 3.35 trillion during the first four months (4M) of 2026, compared to SAR 3.16 trillion at the end of 2025. This increase translates to a SAR 189.59 billion growth during …
Riyadh – Mubasher: Gulf General Cooperative Insurance Company (GGCI) announced the resignation of Muath Khalid Abdullah Alzamil from his position as an independent board member, effective on 8 June 2026. Alzamil submitted his resignation on 5 June …
Riyadh - Mubasher: Subscription to the sixth savings round of Sah Sukuk, Saudi Arabia’s government-backed savings product for individuals, began on 7 June 2026, with a return rate of 4.60%. The subscription period began at 10:00 a.m. and will …
Riyadh – Mubasher: The Saudi Investment Bank (SAIB) announced the ordinary general meeting’s (OGM) approval to disburse cash dividends amounting to SAR 374.50 million for the second half (H2) of 2025. The lender will pay out a dividend of SAR 0.30 …
Riyadh – Mubasher: The total personal loans in Saudi Arabia hit SAR 1.453 trillion at the end of April 2026, up 3.60% year-on-year (YoY) from SAR 1.402 trillion, according to data issued by the Saudi Central Bank (SAMA). On a monthly basis, the …
Riyadh – Mubasher: The Saudi Central Bank (SAMA) licensed Jak Almuqaddimah Company to provide consumer finance, bringing the total number of finance companies licensed in Saudi Arabia to 75. This decision reflects SAMA’s objectives to support the …
Riyadh – Mubasher: Multi Business Group Company has announced the formal signing of an eight-month contract with the Saudi Export-Import Bank (Saudi EXIM) on 2 June 2026, according to a bourse disclosure. The partnership focuses on the …
Riyadh – Mubasher: The Saudi Central Bank (SAMA) licensed Muwafaqa Alragmiya Company to provide finance aggregation services in Saudi Arabia, according to the Saudi Press Agency (SPA). The move reflects SAMA’s efforts to strengthen the Kingdom’s …
Riyadh – Mubasher: Saudi Networkers Services Company has announced the renewal of a comprehensive framework agreement with a prominent local bank in Saudi Arabia for a five-year duration, according to a bourse filing. The contract is renewable and …
Riyadh – Mubasher: The Company for Cooperative Insurance (Tawuniya) has announced a formal update to the agenda for its upcoming Extraordinary General Assembly meeting that will take place on 28 June 2026, according to a bourse filing. The …
