Latest News

PwC Middle East

7 August 2025 09:51 PM Youth across MENA region are showing strong entrepreneurial intent – Report

Mubasher: Youth across the MENA region are showing strong entrepreneurial intent, with 46% of workers expressing interest in starting their own business, according to a recent report by PwC Middle East. Themed as ‘Future Ready MENA,’ the report …

Photo Archive

7 August 2025 08:56 PM Saudi credit growth slows in June; consumer spending increases – Report

Riyadh – Mubasher: Credit growth slowed month-on-month (MoM) in June 2025 across Saudi banks, attributed to weak mortgage origination (flat Year-on-year (YoY) and -28% MoM), according to the recent Saudi Banking Monthly Report by Al Rajhi Capital …

ADNOC Distribution

7 August 2025 07:41 PM ADNOC Distribution announces robust H1-25 results with 12% net profit growth; Egypt remains core focus market

Abu Dhabi – Mubasher: ADNOC Distribution has recorded double-digit growth in its EBITDA and net profit for the first half (H1) of 2025, exceeding analyst expectations, and announced its dividend plan, according to a press release. The company …

Photo Archive

7 August 2025 05:52 PM Southern Province Cement posts 59% lower net profits in H1-25

Riyadh - Mubasher: The net profits of Southern Province Cement Company plummeted by 58.82% to SAR 42 million in the first half (H1) of 2025 from SAR 102 million in H1-24. Revenues stood at SAR 415 million in the first six months (6M) of 2025, …

Financial Results

Photo Archive

7 August 2025 05:45 PM Saudi Ground Services posts 32% surge in H1-25 net profits

Riyadh - Mubasher: Saudi Ground Services Company reported 31.68% higher net profits at SAR 197 million during the first half (H1) of 2025, compared to SAR 149.59 million in H1-24. Revenues reached SAR 1.36 billion as of 30 June 2025, an annual …

Financial Results

Photo Archive

7 August 2025 02:07 PM Agthia Group sees resilient performance in Q2-25 backed by profitability in Egypt

Abu Dhabi - Mubasher: Agthia Group reported net profits worth AED 49.07 million during the first half (H1) of 2025, marking a year-on-year (YoY) plunge from AED 189.98 million. Revenues from contracts with customers fell to AED 2.42 billion as of …

Photo Archive

7 August 2025 01:47 PM Savola Group’s profits shrink 39% in H1-25; higher revenues reported

Riyadh – Mubasher: The net profit of Savola Group amounted to SAR 294.86 million in the first half (H1) of 2025, down 39.09% year-on-year (YoY) from SAR 484.10 million, according to the financial results. Revenues soared by 11.25% to SAR 13.65 …

Financial Results

Photo Archive

7 August 2025 00:11 PM Seera delivers solid financial performance in H1-25; net profits reach SAR 72m

Riyadh – Mubasher: The net profits of Seera Group Holding plunged by 45.03% year-on-year (YoY) to SAR 72 million in the first half (H1) of 2025 from SAR 131 million, according to the financial results. Revenues jumped by 9.78% to SAR 2.31 billion …

Financial Results

Photo Archive

7 August 2025 11:51 AM Saudi Chemical’s profits fall 7.5% in H1-25; revenues hit SAR 3.4bn

Riyadh - Mubasher: Saudi Chemical Company posted 7.57% year-on-year (YoY) lower net profits at SAR 151.74 million in the first half (H1) of 2025, compared to SAR 164.17 million. Revenues amounted to SAR 3.40 billion as of 30 June 2025, up 4.58% …

Financial Results

Photo Archive

7 August 2025 10:31 AM Petro Rabigh reports 16.5% lower net losses in H1-25

Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh)suffered net losses valued at SAR 2.05 billion in the first half (H1) of 2025, an annual drop of 16.55% from SAR 2.46 billion. The revenues declined by 13.62% to SAR 15.54 …

Financial Results

Photo Archive

7 August 2025 09:48 AM Riyadh Cables registers SAR 5.2bn sales in H1-25; profits surge 63%

Riyadh – Mubasher: Riyadh Cables Group Company achieved a net profit worth SAR 535.61 million in the first half (H1) of 2025, higher by 63.10% than SAR 328.37 million. The group’s revenues amounted to SAR 5.20 billion as of 30 June 2025, an annual …

Financial Results

Photo Archive

7 August 2025 09:45 AM Saudi Cement logs SAR 204m profits in H1-25

Riyadh – Mubasher: Saudi Cement Company registered SAR 204 million in net profit during the first half (H1) of 2025, up 1.44% year-on-year (YoY) from SAR 201.10 million. Revenues jumped by 5.60% to SAR 849.80 million as of 30 June 2025 from SAR …

Financial Results

Photo Archive

7 August 2025 09:20 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 …

Photo Archive

7 August 2025 09:06 AM Saudi German Hospital’s revenues surpass SAR 1.5bn in H1-25; profits hike 109%

Riyadh – Mubasher: The net profit of Middle East Healthcare Company (Saudi German Hospital) hiked by 109.39% year-on-year (YoY) to SAR 223.80 million in the first half (H1) of 2025. The generated earnings were compared with SAR 106.88 million, …

Financial Results

Photo Archive

7 August 2025 08:53 AM Najran Cement’s net profits near SAR 22m in H1-25

Riyadh – Mubasher: The net profits of Najran Cement Company went down by 1.61% to SAR 21.71 million in net profit during the first half (H1) of 2025 from SAR 22.06 million in H1-24. The revenues hit SAR 259.94 million in H1-25, up 3.39% …

Financial Results

Alkhabeer Capital

7 August 2025 01:18 AM Alkhabeer Capital joins AWRAAQ Digital to launch Block Trade Negotiation System

Riyadh – Mubasher: Alkhabeer Capital, a financial institution specializing in Sharia-compliant financial services and brokerage services, has collaborated with AWRAAQ Digital to launch a cutting-edge Block Trade Negotiation System, according to a …

Companies Investments

Emaar generates 34% higher net profit before tax in H1-25

6 August 2025 07:13 PM Emaar generates 34% higher net profit before tax in H1-25; property sales hit AED 46bn, Egypt boosts int'l operations

Dubai – Mubasher: Emaar Properties achieved a net profit before tax worth AED 10.40 billion ($2.80 billion) in the first half (H1) of 2025, recording a growth of 34% compared to H1-24, according to a press release. In terms of sales growth, the …

Companies Investments

Photo Archive

6 August 2025 05:34 PM SPIMACO reports 93% surge in H1-25 profits; accumulated losses unveiled

Riyadh - Mubasher: Saudi Pharmaceutical Industries and Medical Appliances Corporation (SPIMACO) achieved net profits of SAR 111.10 million in the first half (H1) of 2025, marking a 92.88% year-on-year (YoY) leap from SAR 57.60 million. Revenues …

Financial Results

Photo Archive

6 August 2025 05:25 PM Umm Al Qura’s profits exceed SAR 396m in H1-25; sales leap 54%

Riyadh – Mubasher: Umm Al Qura for Development and Construction registered SAR 396.34 million in net profit during the first half (H1) of 2025, marking an annual leap of 106.25% from SAR 192.16 million. The revenues stood at SAR 1.17 billion as of …

Financial Results

Photo Archive

6 August 2025 05:15 PM Cenomi Retail’s net losses deepen 23% in H1-25

Riyadh – Mubasher: The net losses of Fawaz Abdulaziz Al-Hokair Company (Cenomi Retail) hit SAR 83.20 million in the first half (H1) of 2025, higher by 23.07% year-on-year (YoY) than SAR 67.60 million. The revenues grew by 2.03% to SAR 2.46 billion …

Financial Results

Photo Archive

6 August 2025 04:57 PM Tawuniya’s net profits rise 11% in H1-25

Riyadh - Mubasher: The Company for Cooperative Insurance (Tawuniya) registered 11.05% higher net profits after Zakat attributable to shareholders at SAR 729.10 million during the first half (H1) of 2025, compared to SAR 656.50 million in H1-24. …

Financial Results

Photo Archive

6 August 2025 04:32 PM Walaa Cooperative swings to net losses at SAR 117m in H1-25

Riyadh - Mubasher: Walaa Cooperative Insurance Company turned to net losses after Zakat attributable to shareholders valued at SAR 117.30 million in the first half (H1) of 2025, compared to net profits of SAR 64.30 million in H1-24. Insurance …

Banking and Finance

Photo Archive

6 August 2025 04:08 PM Sumou Real Estate witnesses SAR 59.5m net profits in H1-25; dividends announced

Riyadh - Mubasher: Sumou Real Estate Company posted 11.10% higher net profits at SAR 59.44 million in the first half (H1) of 2025, compared to SAR 53.50 million in H1-24. Revenues reached SAR 205.66 million in H1-25, an annual decline of 1.26% …

Financial Results

Photo Archive

6 August 2025 01:31 PM Riyadh Cement unveils 1% decline in H1-25 net profits; dividends unveiled

Riyadh - Mubasher: Riyadh Cement Company registered 1.02% lower net profits at SAR 133.15 million in the first half (H1) of 2025, compared to SAR 134.52 million in H1-24. Revenues amounted to SAR 416.11 million as of 30 June 2025, marking an …

Board of Directors

Photo Archive

6 August 2025 00:53 PM Bupa Arabia’s profits fall to SAR 666.5m in H1-25; revenues up 2%

Riyadh - Mubasher: Bupa Arabia for Cooperative Insurance Company delivered 12.76% lower net profits after Zakat attributable to shareholders at SAR 666.48 million in the first half (H1) of 2025, compared to SAR 764.02 million in H1-24. Insurance …

Banking and Finance