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2 February 06:29 PM GFH acquires majority stake in GCC-focused Byrne Equipment Rental
Mubasher: GFH Financial Group has purchased a 60% stake in Byrne Equipment Rental LLC, a leading GCC industrial services and equipment rental provider, with an investment and capital expenditure program valued at around $400 million. This …
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2 February 05:23 PM Tadweer inks SAR 64m raw materials supply deal with Topal Advanced
Riyadh - Mubasher: National Environmental Recycling Company (Tadweer) has penned a raw materials purchase agreement with Topal Advanced Company at a value of SAR 63.84 million. The contract, signed on 2 February 2026, covers the procurement of …
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2 February 04:37 PM Balsm Alofoq Medical roll out SAR 72m healthcare deal in Jubail
Riyadh - Mubasher: Balsm Alofoq Medical Company has signed a SAR 71.80 million contract with the Royal Commission in Jubail on 1 February 2026. The agreement aims to operate and maintain primary healthcare services under the Ras Al Khair program …
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2 February 03:52 PM SAR begins institutional book building for Tadawul IPO
Riyadh - Mubasher: Saleh Abdulaziz Al Rashed and Sons Company (SAR) has set the price range for its initial public offering (IPO) on the Saudi Exchange (Tadawul) between SAR 43 and SAR 45 per share, implying the market cap between SAR 800 million …
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2 February 02:53 PM SACO obtains SAR 150m loan from SNB
Riyadh – Mubasher: Saudi Company for Hardware (SACO) secured a Shariah-compliant credit facilities agreement valued at SAR 150 million from the Saudi National Bank (SNB) on 1 February 2026. The investment will be used to finance the company’s …
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2 February 02:14 PM Al Qahtani to lead Tabuk Cement’s business as new CEO
Riyadh – Mubasher: Ali bin Mohammed Al Qahtani, the CEO of Tabuk Cement Company, decided not to continue in the position due to personal reasons, according to a bourse filing. Abdulqader Hamed Shweikan was appointed as the new CEO, bringing over …
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2 February 12:45 PM Aman Holding wins SAMA nod for JV with Jarir
Cairo - Mubasher: Aman Holding, a subsidiary of Raya Holding for Financial Investments, has secured preliminary approval from the Saudi Central Bank (SAMA) to establish a consumer microfinance company in Saudi Arabia, with an initial capital of …
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2 February 11:38 AM Prices of investment funds including certificates in EGP, USD
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 …
Amlak International's new identity
1 February 10:10 PM Amlak International unveils new identity
Riyadh – Mubasher: Amlak International Finance Company launched its new identity after completing its required regulatory procedures, according to a bourse disclosure. The new identity reflects the company’s ongoing strategic transformation, …
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1 February 07:33 PM TADCO inks SAR 23m investment deal with Ruwad Alsinaa Waltatweer
Riyadh—Mubasher: Tabuk Agricultural Development Company (TADCO) has signed a 10-year investment contract for its grape orchards with Ruwad Alsinaa Waltatweer Company. The SAR 23.35 million agreement aims to optimize TADCO’s assets and boost cash …
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1 February 06:40 PM Lazurde announces Ibrahim new CEO
Riyadh - Mubasher: Adnan Al Khalaf has resigned from his role as the Managing Director and CEO of Lazurde Company for Jewelry, officially leaving the position on 19 February 2026. Meanwhile, the Tadawul-listed company appointed Ihab Ibrahim as its …
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1 February 06:01 PM SISCO Holding’s Tawzea secures SAR 133m water services contract in Madinah
Riyadh - Mubasher: The International Water Distribution Company (Tawzea), a portfolio company of Sustained Infrastructure Holding Company (SISCO Holding), has penned a SAR 133.45 million contract with the National Water Company (NWC). The contract …
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1 February 05:12 PM Adeer Real Estate unveils SAR 50m dividends for H2-25; annual profits hike 62%
Riyadh - Mubasher: The board of Adeer Real Estate Company approved cash dividends worth SAR 50 million, equivalent to 100% of its SAR 50 million capital, for the second half (H2) of 2025. The Tadawul-listed company will disburse a dividend of SAR …
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1 February 02:41 PM ANB logs SAR 5.1bn profits in 2025; dividends for H2-25 unveiled
Riyadh – Mubasher: The net profits attributable to the shareholders of Arab National Bank (ANB) rose by 3.02% year-on-year (YoY) to SAR 5.11 billion in 2025 from SAR 4.96 billion. The earnings per share (EPS) amounted to SAR 2.49 in the …
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1 February 09:54 AM Nadec’s net revenues jump to SAR 3.5bn in 2025
Riyadh - Mubasher: National Agricultural Development Company (Nadec) recorded net profits after tax attributable to the owners amounting to SAR 393.35 million in 2025, an annual drop of 49.22% from SAR 774.63 million. The revenues hit SAR 3.52 …
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1 February 09:46 AM Yozo.ai closes $1.7m funding round to expand e-commerce globally
UAE - Mubahser: UAE-based e-commerce AI startup Yozo.ai has secured $1.70 million in pre-seed funding, co-led by Access Bridge Ventures and Disruptech Ventures and joined by Arzan VC, Oraseya Capital, Plus VC, Suhail Ventures, Glint Ventures, and …
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1 February 09:12 AM EvolutionX enters Gulf region via Dubai-based Kitopi
UAE - Mubahser: EvolutionX, the growth-stage private credit platform established by Temasek and DBS Bank, led a $50 million growth capital round raised by Kitopi, the Middle East’s leading next-generation F&B ecosystem. This marks the platform’s …
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29 January 10:48 PM Knowledge Economic City pens SAR 150m facility deal with Banque Saudi Fransi
Riyadh – Mubasher: Knowledge Economic City has secured Shariah-compliant financing of SAR 150 million from Banque Saudi Fransi to support the execution of infrastructure works for the Islamic World District project— IWD area. The four-loan is …
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29 January 09:21 PM SAIB’s net profits witness leap to SAR 2.4bn at 2025-end
Riyadh – Mubasher: The Saudi Investment Bank (SAIB) posted 24.27% year-on-year (YoY) higher net profits at SAR 2.43 billion in 2025, compared to SAR 1.95 billion. The earnings per share (EPS) reached SAR 1.68 last year, higher than SAR 1.43 in …
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29 January 09:11 PM Future Vision partners with Al-Maarefa University for SAR 200m project
Riyadh - Mubasher: Future Vision for Health Training Company has updated its strategic agreement with Al-Maarefa University to implement a national project for workforce development valued at up to SAR 200 million. The addendum introduces advanced …
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29 January 08:40 PM Saudi Steel Pipe’s unit inks SAR 300mn offshore contract with Subsea Seven
Riyadh - Mubasher: Global Pipe Company, a subsidiary of Saudi Steel Pipe Company, has signed a contract valued at SAR 300 million with Subsea Seven Saudi Company (SS7). The agreement covers supplying specialized line pipe for the SS7 offshore …
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29 January 08:16 PM Al Ramz Real Estate supports development projects via SAR 288m loan
Riyadh - Mubasher: Alramz Real Estate Company has obtained Shariah-compliant credit facilities worth SAR 288 million from Saudi Awwal Bank (SAB). The two-year facility will be used to fund the company’s expansion plans in the real estate sector, …
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29 January 07:54 PM Al Hammadi Holding enters into SAR 54.5m partnership deal with A.C. Milan
Riyadh - Mubasher: Al Hammadi Holding has signed a SAR 54.50 million partnership agreement with Italian football club A.C. Milan to secure exclusive rights as the official medical and rehabilitation partner of the club in Saudi Arabia, according …
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29 January 07:05 PM SARCO wins SAR 33m land auction via Enfead
Riyadh - Mubasher: Saudi Arabian Refineries Company (SARCO) has acquired a commercial land plot in Riyadh for SAR 33 million on 27 January 2026. SAECO won the auction, which was offered through the Mubasher Auctions platform (Enfead), according to …
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29 January 06:37 PM Bank Aljazira unveils SAR 1.5bn profits in 2025, facility deal with Makkah Construction
Riyadh – Mubasher: Bank Aljazira recorded 22.30% year-on-year (YoY) higher net profits at SAR 1.50 billion in 2025, compared to SAR 1.23 billion, according to the financial results. The earnings per share (EPS) rose to SAR 1 in the …