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26 June 12:38 AM

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24 June 09:24 AM Umm Al Qura’s Masar Destination permitted non-Saudi real estate ownership
Riyadh – Mubasher: Umm Al Qura for Development and Construction Company, a major developer in the Saudi real estate sector, announced that its flagship Masar Destination project in Makkah has been officially designated as a zone where non-Saudi …
Company News
SNB Capital
24 June 08:20 AM AlAhli REIT Fund 1 implements non-fundamental changes to terms, conditions
Riyadh – Mubasher: SNB Capital, acting as the fund manager for AlAhli REIT Fund 1, has received approval from the fund’s board of directors to implement a series of non-fundamental changes to the fund’s terms and conditions. These administrative …
Corporate Actions
Photo Archive
24 June 08:13 AM Salama Cooperative receives Insurance Authority’s approval for 2 products
Riyadh - Mubasher: Salama Cooperative Insurance Company, a prominent player in the Saudi Arabian insurance sector, has received final regulatory approval from the Insurance Authority to market and sell two specialized insurance products. The …
Company News
Photo Archive
24 June 08:07 AM Etihad GO Telecom’s board proposes SAR 11m cash dividends
Riyadh – Mubasher: Etihad GO Telecom Company has announced that its Board of Directors has recommended a cash dividend distribution to shareholders for the fiscal year ending 31 March 2026. The proposal, issued via a circular resolution on 22 June …
Cash Dividends
Photo Archive
24 June 08:04 AM City Cement’s production cost increases following fuel price adjustments
Riyadh - Mubasher: City Cement Company, a major player in the Saudi Arabian construction materials sector, has provided a detailed update regarding the financial implications of recent fuel price adjustments. Following an initial notification …
Corporate Actions
Al Sagr Cooperative obtains regulatory approval for new cyber insurance product
24 June 07:57 AM Al Sagr Cooperative obtains regulatory approval for new cyber insurance product
Riyadh – Mubasher: Al Sagr Cooperative Insurance Company has announced that it has received final regulatory approval from the Insurance Authority to launch a specialized cyber insurance product. The approval authorizes the company to market and …
Company News
Photo Archive
23 June 05:42 PM Arabian Pipes mandates interim dividend payout
Riyadh – Mubasher: Arabian Pipes Company has announced the results of its ordinary general assembly meeting, held on June 22, 2026. During the session, shareholders approved a total cash dividend distribution of SAR 34 million for 2025 and granted …
General Assembly
Photo Archive
23 June 04:33 PM CGS mulls SAR 23.5m cash dividends payment
Riyadh - Mubasher: Consolidated Grünenfelder Saady Holding Company (CGS) disclosed that the proposed dividend represents 23.3% of the nominal value of the company's shares. This distribution is calculated based on a total of 100 million eligible …
Board of Directors
Photo Archive
23 June 04:07 PM Atlas Elevators’ shareholders approve 50% capital increase through bonus shares
Riyadh - Mubasher: The equityholders of Atlas Elevators General Trading and Contracting Company approved a 50% capital hike through the distribution of bonus shares during the extraordinary general meeting held on 18 June 2026. Following the …
General Assembly
Photo Archive
23 June 03:55 PM Natural Gas Distribution greenlights SAR 3m dividends for 2025
Riyadh - Mubasher: The shareholders of Natural Gas Distribution Company (NGDC) approved the distribution of SAR 3 million in cash dividends for 2025 during the company’s ordinary general meeting (OGM) held on 22 June 2026. The Saudi company will …
Corporate Actions
Photo Archive
23 June 03:29 PM Future Vision pens framework agreement with Fakeeh Care Group
Riyadh - Mubasher: Future Vision for Health Training Company penned a one-year framework agreement with Dr. Soliman Abdul Kader Fakeeh Hospital Company (Fakeeh Care Group). The contract aims to enhance cooperation in healthcare, administrative, …
Companies Investments
Photo Archive
23 June 03:03 PM National Building announces new Chairman, Vice Chairman
Riyadh - Mubasher: The board of National Building and Marketing Company has issued a resolution dated 21 June 2026 to restructure the board, according to a bourse filing. Mohammed Iqbal Radwan Daboul was appointed as Chairman, while Muayyad …
Board of Directors
Photo Archive
23 June 02:19 PM Wajd Life awarded SAR 39.5m project contract
Riyadh - Mubasher: Wajd Life Trading Company has been awarded a project to operate medical services and maintain medical equipment for medical centers affiliated with the Presidency of State Security. Meanwhile, the total value of the project …
Companies Investments
Photo Archive
23 June 01:57 PM ASG Plastic inks land lease agreement with MODON
Riyadh - Mubasher: ASG Plastic Factory Company has signed an industrial land lease contract with the Saudi Authority for Industrial Cities and Technology Zones (MODON) for a 100,377 square meter (m²) plot in Sudair Industrial and Business City. …
Real estate
Photo Archive
23 June 01:13 PM Knauf to submit tender offer for United Mining Industries' acquisition
Riyadh - Mubasher: United Mining Industries Company announced, on behalf of Knauf International GmbH (Knauf), that Knauf has formally declared its firm intention to submit a tender offer to acquire up to 100% of the remaining shares in United …
Companies Investments
Photo Archive
23 June 12:44 PM Al Sagr Cooperative’s shareholders approve liability lawsuits against former executives
Riyadh – Mubasher: Al Sagr Cooperative Insurance Company has announced the results of its Ordinary General Assembly Meeting, held on 22 June 2026, where shareholders approved significant legal actions against former leadership and ratified the …
Law
Photo Archive
23 June 12:34 PM OFOK Educational signs SAR 21m deal for school project in Riyadh
Riyadh - Mubasher: OFOK Educational Company inked a SAR 21.08 million lease agreement with Digital Encyclopedia Trading Company for a land investment project in the Al Suwaidi district of Riyadh, according to a bourse filing. The agreement covers …
Company News
Photo Archive
23 June 12:20 PM Yaqeen Capital launches SAR 600m hotel fund in Madinah
Riyadh - Mubasher: Yaqeen Capital Company has launched and commenced operations of the Yaqeen Madinah Hotel Fund, according to a bourse filing. The fund is a private, Shariah-compliant, closed-ended real estate development vehicle with a target …
Real estate
Photo Archive
23 June 11:56 AM Al Battal Factory authorizes board for 2026 interim dividends
Riyadh - Mubasher: Al Battal Factory for Chemical Industries approved a series of key resolutions during its extraordinary general meeting (EGM) held on 22 June 2026. The shareholders passed the auditor’s report, board report, and financial …
Corporate Actions
Photo Archive
23 June 11:51 AM SHL Finance greenlights 2025 dividends, ratifies business contracts
Riyadh – Mubasher: SHL Finance Company has announced the successful conclusion of its Ordinary General Assembly meeting, where shareholders approved a cash dividend distribution of SAR 50 million for 2025. The meeting, held virtually from the …
Companies Investments
Photo Archive
23 June 11:30 AM Meyar names RSM United as external auditor for 2026
Riadh - Mubasher: The shareholders of Meyar Company approved the appointment of RSM United Accountants for Professional Consulting as the company’s external auditor for 2026, with audit fees set at SAR 345,000.  The appointment was made from among …
Management Decisions
Photo Archive
23 June 11:12 AM View United offers SAR 10m Sukuk issuance for project funding
Riyadh - Mubasher: View United Real Estate Development Company intends to issue SAR-denominated Sukuk worth SAR 10 million in installments through a private offering under its SAR-denominated Sukuk Issuance Program.  The proceeds will be used to …
Companies Investments
Photo Archive
23 June 11:12 AM Future Vision extends strategic partnership with Harvard Online
Riyadh – Mubasher: Future Vision for Health Training Company has announced a significant update regarding its strategic collaboration with Harvard Online, confirming an extension of their existing agreement and the addition of new educational …
Management Decisions
Photo Archive
23 June 11:07 AM Cherry Trading’s shareholders approve SAR 15m cash dividends
Riyadh – Mubasher: Cherry Trading Company announced that its shareholders have approved a cash dividend distribution of SAR 15 million for the fiscal year ending 31 December 2025, during an Extraordinary General Assembly Meeting held on 22 June. …
Company News
Photo Archive
23 June 11:06 AM KDL Logistics approves dividend payout, new dividend policy
Riyadh – Mubasher: Khaled Dhafer & Brothers for Logistics Services Company (KDL Logistics) has announced that its shareholders approved a cash dividend distribution for the 2025 fiscal year as well as the adoption of a new long-term dividend …
Company News