Riyadh - Mubasher: Saudi low-cost airline flyadeal has launched scheduled services to India with daily flights between Riyadh and Hyderabad beginning 1 July 2026, according to a press release. Tickets are now available on sale, bookable via …
Riyadh – Mubasher: The Capital Market Authority (CMA) of Saudi Arabia has nodded for Al Rajhi Capital, a subsdiary of Al Rajhi Bank, to proceed with the public offering of the Al Rajhi GCC Equity Fund (Excluding KSA), according to an official …
Mubasher: PlayReplay, an AI-powered intelligent court system for racquet sports, has raised a total of $12 million in a funding round led by Alfvén & Didrikson (A&D) alongside other investors, including Centre Court Capital, ExM Investment …
Riyadh – Mubasher: SEDCO Capital REIT Fund unveiled SAR 25.70 million in cash dividends for the unitholders of SEDCO Capital REIT Fund for the first quarter (Q1) of 2026, as per a bourse filing. The fund will disburse SAR 0.13 per unit, …
Riyadh – Mubasher: Alinma Bank plans to issue USD-denominated Additional Tier 1 (AT-1) capital sukuk under the Additional Tier 1 Capital Certificate Issuance program. The issuance is expected to be carried out through a special purpose vehicle …
Riyadh – Mubasher: Nofoth Food Products Company announced interim cash dividends to shareholders valued at SAR 4.73 million for the first quarter (Q1) of 2026, according to a bourse filing. The company will pay out SAR 0.05 per share, representing …
Riyadh – Mubasher: Alshehili Company for Metal Industries and Ninja Supply Chain Company penned an agreement valued at SAR 6.42 million on 18 May 2026, according to a bourse filing. Under the deal, the company will supply and manufacture 40 …
Riyadh - Mubasher: Dar Al Balad for Business Solutions Company is set to commence trading on the Main Market of the Saudi Exchange (Tadawul) on Wednesday, 20 March. The company will trade under the symbol 7205 with daily price fluctuation limits …
Mubasher: The net profits of ADNOC Distribution and Americana Restaurants International joined forces to expand dining and convenience offerings across ADNOC Distribution service station locations in the UAE, Saudi Arabia, and Egypt. Under the …
Riyadh – Mubasher: Umm Al Qura for Development and Construction Company sold a plot of land within Masar Destination to Heyazah Osool Al Hejaz Development Company in exchange for SAR 210.76 million. Heyazah, the SPV of a real estate fund managed …
Riyadh – Mubasher: SAB Invest, the investment arm of Saudi Awwal Bank (SAB), was announced as the first ETF market maker in the Kingdom, marking a new milestone in the Saudi capital market, according to a press release. The CEO of SAB Invest, Ali …
Riyadh – Mubasher: The Saudi Export-Import Bank (Saudi EXIM Bank) recorded an annual growth of 20.80% in its credit facilities during the first quarter (Q1) of 2026, reaching SAR 13.23 billion, compared to SAR 10.95 billion. This increase reflects …
Riyadh – Mubasher: The Saudi listed companies recorded a 21.9% annual growth in earnings during the first quarter (Q1) of 2026 when compared to Q1-25, on the back of higher net profit in the energy sector. Earnings of the entities listed on the …
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) collaborated with Pasqal, a global leader in neutral-atom quantum computing, for the inauguration of the first quantum computer in Saudi Arabia. Aramco and Pasqal also unveiled the first …
Riyadh – Mubasher: The Saudi Exchange (Tadawul) announced that Eid Al Adha holiday will commence on Sunday, 24 May 2026, according to an official statement. Tadawul stated that the last day of trading before the holiday will be Thursday, 21 May …
Riyadh – Mubasher: SABIC Agri-Nutrients Company has announced the extension of its memorandum of understanding (MoU) with the Saudi Agricultural and Livestock Investment Company (SALIC), a global agri-food investment company and a subsidiary of …
Riyadh – Mubasher: The International Monetary Fund (IMF) and Saudi Arabia’s Ministry of Finance held the second High-Level Strategic Dialogue on Capacity Development and agreed to a suite of support to IMF capacity development across the Middle …
Riyadh – Mubasher: Ghaia Investment Holding and next-generation investment management firm Chicago Global are introducing Parallax in Saudi Arabia to help institutions form, review and govern investment decisions. Parallax is developed by Chicago …
Riyadh – Mubasher: East Pipes Integrated Company for Industry announced that its board of directors has approved a significant cash dividend distribution totaling SAR 126 million for the second half (H2) of the fiscal year (FY) 2025/2026, …
Riyadh – Mubasher: Riyad Bank and Mastercard jointly launched an innovative Travel and Expense (T&E) Corporate Card program, marking the Saudi lender’s first corporate card offering in the Kingdom. The launch builds on the two entities’ ongoing …
Riyadh – Mubasher: East Pipes Integrated Company for Industry has reported a 50.02% surge in net profit for the fiscal year (FY) that ended on 31 March 2026. The net income reached a historic high of SAR 573.26 million in FY25/26 from SAR 382.12 …
Riyadh - Mubasher: Almujtama Alraida Medical Company reached an agreement with Alinma Bank to amend the uses of its credit facilities, according to a bourse disclosure. The company will utilize SAR 45 million to purchase goods, cancelling the part …
Riyadh - Mubasher: Al Ashghal Al Moysra Company signed an agreement with the Association of Masjid Building at an amount of SAR 813,510 on 14 May 2026. The one-year deal covers the construction of a mosque for the Specialized Rehabilitation …
Riyadh - Mubasher: The ordinary general meeting (OGM) of Specialized Medical Company (SMC Healthcare) approved the board’s recommendation to distribute a cash dividend totaling SAR 80 million for 2025. The group will pay a dividend of SAR 0.32 per …
Riyadh – Mubasher: Multi Business Group Company has officially announced the awarding of a substantial contract by the Saudi Export-Import Bank (Saudi EXIM) on 17 May 2026, according to a bourse filing. The project covers the comprehensive …
