Tawasul
Mubasher TV
Contact Us Advertising   العربية

Top News

Photo Archive
2 December 05:11 PM Alwasail Industrial to offer 10% of shares on NOMU
Riyadh - Mubasher: Alwasail Industrial Company intends to offer 2.5 million ordinary shares, representing 10% of the company's shares, for the listing on Parallel Market (NOMU). The offering period will begin on Sunday, 26 December, and will end …
Photo Archive
2 December 04:00 PM TASI, NomuC end Thursday in green zone
Riyadh – Mubasher: The Tadawul All Share Index (TASI) went up by 0.30% or 32.83 points to end Thursday's trading session at 10,882.79 points. A total of 139.641 million shares were traded at a total value of SAR 5.111 billion. The consumer …
Photo Archive
2 December 03:27 PM Sadr Logistics' EGM nods capital increase to SAR 175m
Riyadh – Mubasher: The extraordinary general meeting (EGM) of Sadr Logistics Company has approved a 600% capital increase by offering the right issues. The capital will rise by SAR 150 million to SAR 175 million, compared to SAR 25 million, …
Photo Archive
2 December 10:22 AM Wafrah submits file to CMA for capital increase to SAR 231.5m
Riyadh – Mubasher: Wafrah for Industry & Development Company has submitted an application file to the Capital Market Authority (CMA) to raise the company’s capital by offering right issues. The company's board has proposed to increase the capital …
Photo Archive
2 December 10:05 AM Saudi Paper appoints financial advisor to offer rights issue for capital raise
Riyadh – Mubasher: Saudi Paper Manufacturing Company has appointed Al Anma Investment Company as the financial advisor to offer right issues to increase the company's capital. The company will submit the file to the Capital Market Authority …
Photo Archive
1 December 06:32 PM Red Sea International signs SAR 246m contract with Baker Hughes
Riyadh – Mubasher: Red Sea International Company has penned a contract worth SAR 245.77 million with Baker Hughes Company to design, manufacture, supply, and manage remote mobile modular buildings. The agreement holds a duration of seven years …
Photo Archive
1 December 06:17 PM Aljazira Takaful’s shareholders nod to 17% capital hike
Riyadh – Mubasher: The shareholders of Aljazira Takaful Taawuni Company approved, during the extraordinary general meeting (EGM), to increase the capital by 16.86% after granting 0.1686 shares for every one owned share. The company will capitalise …
Photo Archive
1 December 05:29 PM Mastercard, Meta - Facebook team up to empower SMEs digitisation in region
Mubasher: Mastercard will be collaborating with Meta, formerly known as Facebook, to endorse the digitisation and growth of small and medium enterprises (SMEs) in the Middle East and Africa (MEA), according to a press release on Wednesday. Both …
Photo Archive
1 December 04:07 PM TASI rises on Wednesday; NomuC declines
Riyadh – Mubasher: The Tadawul All Share Index (TASI) of the Saudi Exchange (Tadawul) ended Wednesday higher by 88.16 points (0.82%) at 10,849.96 points. The trading value stood at SAR 6.25 billion after exchanging 184.74 million shares, compared …
Photo Archive
1 December 02:30 PM EY partners with PMI-KSA Chapter to endorse Saudi project management profession
Riyadh – Mubasher: Ernst & Young (EY) signed a memorandum of understanding (MoU) with the Project Management Institute (PMI) chapter in Saudi Arabia (PMI-KSA Chapter) to boost the growth of the project management profession in the Kingdom. The …
Photo Gallery
1 December 01:03 PM Saudi Arabia's 1st Future Minerals Summit to kick off next month
Riyadh – Mubasher: Saudi Arabia will debut its first-ever Future Minerals Summit during 11-13 January 2022 in the capital Riyadh, the Ministry of Industry and Mineral Resources announced on Wednesday. A ministerial roundtable before the summit …
Photo Archive
1 December 12:27 PM Australia’s TBH expands to Saudi Arabia
Riyadh – Mubasher: Australian planning and management services provider Tracey Brunstrom and Hammond (TBH) has expanded its operations in the Middle East through its first office in Riyadh in Saudi Arabia. Riyadh office will be TBH’s ninth global …
Photo Archive
1 December 10:50 AM Food delivery platform Jahez proceeds with IPO, listing on Tadawul’s Nomu
Riyadh – Mubasher: Saudi online food delivery platform Jahez International Company for Information Systems Technology intends to proceed with an initial public offering (IPO) and to list 13% of its capital on the Saudi Exchange’s (Tadawul) …
Photo Archive
30 November 06:15 PM Saudi Arabia forms authority for sustainable development of Red Sea economy
Riyadh- Mubasher: Saudi Arabia’s Council of Ministers approved the regulatory arrangements of the Saudi Red Sea Authority (SRSA), which will be responsible for enabling the sustainable development of the Red Sea economy for the Kingdom.  SRSA will …
Photo Archive
30 November 05:49 PM IsDB’s ICIEC signs agreement with Japan's NEXI to boost trade relations
Mubasher: The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) has partnered with Japan-based Nippon Export and Investment Insurance (NEXI), the Export Credit Agency (ECA) of Japan, through a memorandum of …
Photo Archive
30 November 04:26 PM Italy's Saipem wins $750m contract for Jafurah field's development
Riyadh - Mubasher: Italy-based Saipem has entered into a new contract worth $750 million with Saudi Arabian Oil Company (Aramco) to contribute to the development of the Jafurah unconventional gas field, Saudi Arabia's largest non-associated gas …
Photo Archive
30 November 03:53 PM TASI ends Tuesday down; NomuC rises
Riyadh – Mubasher: The Tadawul All Share Index (TASI) of the Saudi Exchange (Tadawul) closed Tuesday down by 48.8 points (0.45%) at 10,761.8 points. The turnover reached SAR 10.53 billion through the exchange of 289.14 million shares, compared to …
Photo Archive
30 November 03:10 PM No cases of Omicron variant detected in Egypt – Official
Cairo – Mubasher: Egypt has not registered any cases of the Omicron variant until the current times, Acting Minister of Health, Khaled Abdel Ghaffar, who is the Minister of Higher Education and Scientific Research, stated on Tuesday. Abdel Ghaffar …
Photo Gallery
30 November 01:10 PM Alhokair teams up with US’ Subway to double restaurants in Kingdom
Riyadh – Mubasher: Fawaz Abdulaziz Alhokair Company has partnered with the US fast food brand Subway to nearly double the number of Subway’s restaurants in Saudi Arabia over the coming six years. The new agreement is expected to add a minimum of …
Photo Archive
30 November 09:46 AM Maharah’s unit signs MoU to acquire 40% of Salis For Trading and Marketing
Riyadh – Mubasher: Growth Avenue Investment Company, a wholly-owned subsidiary of Maharah Human Resources Company, has signed a Memorandum of Understanding (MoU) to acquire a 40% stake in Salis For Trading and Marketing Company. The transaction is …
Photo Archive
30 November 09:33 AM Aramco awards $10bn contracts to develop Jafurah gas field
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) has awarded subsurface and engineering, procurement, and construction (EPC) contracts worth $10 billion to develop the Jafurah unconventional gas field, Saudi Arabia's largest non-associated …
Photo Archive
29 November 05:56 PM Saudi insurance firms’ solvency margin leaps 177% in Q3 – SAMA
Riyadh – Mubasher: The solvency margin rate of Saudi insurance companies has surged by 177.2% year-on-year (YoY) during the third quarter (Q3) of 2021, according to a report by the Saudi Central Bank (SAMA). The insurance sector registered …
Photo Gallery
29 November 05:42 PM NCID collaborates with PepsiCo to endorse Saudi food sector workforce
Riyadh – Mubasher: Saudi Arabia’s National Center for Industrial Development (NCID) has teamed up with PepsiCo, signing a memorandum of understanding (MoU) to empower the food sector workforce in the Kingdom. The partnership aims to develop skills …
Photo Archive
29 November 04:10 PM TASI closes Monday in green zone; NomuC falls
Riyadh – Mubasher: The Tadawul All Share Index (TASI) of the Saudi Exchange (Tadawul) closed Monday at 10,810.6 points after rising by 22.81 points (0.21%). The trading value amounted to SAR 6.72 billion after 189.94 million shares were exchanged, …
Photo Archive
29 November 03:46 PM Al Futtaim Trading introduces first Volvo electric car in region
Mubasher:  Al Futtaim’s Trading Enterprises, the distributor of Volvo Cars in the UAE, has launched its first fully electric car in the region, the XC40 BEV. Equipped with sustainable materials to cut its environmental impact, the electric car is …