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29 October 2025 04:07 PM AMAK’s net profits leap 53% in 9M-25
Riyadh - Mubasher: Al Masane Al Kobra Mining Company (Amak) recorded an annual surge of 53.37% in net profits to SAR 209.65 million during the first nine months (9M) of 2025, compared with SAR 136.69 million. Earnings per share (EPS) climbed to …
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29 October 2025 02:59 PM Bupa Arabia logs 8% decline in 9M-25 net profits
Riyadh - Mubasher: Bupa Arabia for Cooperative Insurance Company posted net profits after Zakat attributable to shareholders of SAR 1.03 billion in the first nine months (9M) of 2025. This marks an 8.01% drop from SAR 1.12 billion in 9M-24, …
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29 October 2025 02:13 PM Sumou Real Estate’s net profits surge 30.5% in 9M-25
Riyadh - Mubasher: Sumou Real Estate Company recorded 30.40% higher net profits valued at SAR 108.59 million in the first nine months (9M) of 2025, compared to SAR 83.27 million in 9M-25. Revenues rose by 11.52% year-on-year (YoY) to SAR 354.23 …
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29 October 2025 11:27 AM Nahdi Medical reports lower net profits at SAR 655m in 9M-25
Riyadh - Mubasher: Nahdi Medical Company generated 1.22% lower net profits valued at SAR 654.80 million during the first nine months (9M) of 2025, compared to SAR 662.90 million in 9M-24. Earnings per share (EPS) stood at SAR 5.04 in 9M-25, an …
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29 October 2025 10:30 AM Aramco eyes minority stake in PIF-owned HUMAIN to reinforce AI capabilities globally
Riyadh - Mubasher: Saudi Arabian Oil Company (Aramco) signed a non-binding term sheet with the Saudi Public Investment Fund (PIF) to acquire a minority stake in HUMAIN, according to a press release. The oil giant aims to advance a full range of AI …
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29 October 2025 10:03 AM Riyadh Cables expands in Central Asia with 51% shareholding in Artikul Kabel
Riyadh - Mubasher: Riyadh Cables Company, a subsidiary of Riyadh Cables Group Company, signed a share purchase agreement to acquire a 51% stake in Uzbekistan-based Artikul Aziya Kabel LLC for SAR 147.69 million. The deal, signed on 27 October, is …
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29 October 2025 08:14 AM solutions generates SAR 8.8bn revenues in 9M-25; profits fall 10% in Q3
Riyadh – Mubasher: Arabian Internet and Communications Services Company (solutions) logged net profits valued at SAR 1.22 billion in the first nine months (9M) of 2025, an annual drop of 3.62% from SAR 1.27 billion. Meanwhile, the revenues jumped …
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29 October 2025 07:42 AM Jamjoom Pharma, PIF-backed Lifera launch JV to strengthen Saudi biopharma manufacturing ecosystem
Riyadh - Mubasher: Jamjoom Pharmaceuticals Factory Company (Jamjoom Pharma) signed a non-binding term sheet with Pharmaceutical Investment Company (Lifera), a Public Investment Fund (PIF) entity, on 27 October. The term sheet aims to form a joint …
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29 October 2025 07:25 AM Dr. Sulaiman Al Habib unveils SAR 1.9bn hospital projects in Riyadh, Dammam
Riyadh - Mubasher: The board of Dr. Sulaiman Al Habib Medical Services Group approved two new integrated hospital projects in Riyadh and Dammam, with a combined estimated value of SAR 1.97 billion. The Riyadh hospital will be developed by Bawabat …
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29 October 2025 07:09 AM Eastern Cement secures SAR 300m financing from SIDF
Riyadh - Mubasher: Eastern Province Cement Company inked a SAR 300 million financing contract with the Saudi Industrial Development Fund (SIDF) on 26 October. The funds will support the construction of a new production line at the company’s plant, …
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29 October 2025 06:33 AM PIF promotes UK-based companies’ business in Saudi market via $6.8bn MoU
Riyadh - Mubasher: The Saudi Public Investment Fund (PIF) and UK Export Finance (UKEF) have signed a memorandum of understanding (MoU) to boost financial cooperation and expand trade and investment opportunities between the two countries. Under …
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28 October 2025 04:54 PM AI startup Velents raises $1.5m to launch 1st Arabic AI employee
Cairo - Mubasher: Velents.ai, an enterprise AI startup, has closed a $1.50 million funding round to launch Agent.sa, the first fully integrated Arabic-speaking AI employee for businesses across the Middle East. The round attracted prominent angel …
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28 October 2025 04:40 PM Aramco closes $11bn Jafurah midstream deal to expand production
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) completed its $11 billion lease and leaseback investment agreement for its Jafurah gas processing facilities, according to a press release. The deal witnessed the participation of a consortium …
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28 October 2025 03:40 PM SEC signs SAR 1.3bn agreement for Samtah solar project
Riyadh - Mubasher: Saudi Electricity Company (SEC) penned a power purchase agreement (PPA) with the Saudi Power Procurement Company (SPPC) on 27 October. The PPA covers the development of the 600 megawatt (MW) Samtah solar PV power plant in …
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28 October 2025 02:19 PM Leejam Sports registers 37% drop in 9M-25 net profits; dividends for Q3 approved
Riyadh - Mubasher: The net profits of Leejam Sports Company hit SAR 224 million in the first nine months (9M) of 2025, lower by 36.72% than SAR 354 million in 9M-24. Earnings per share (EPS) dropped to SAR 4.33 as of 30 September 2025 from SAR …
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28 October 2025 01:04 PM Taiba Investments' net profits hike 23% in 9M-25; revenues hit SAR 1bn
Riyadh - Mubasher: Taiba Investments Company posted 22.66% higher net profits valued at SAR 298.80 million in the first nine months (9M) of 2025, compared to SAR 243.60 million in 9M-24. Earnings per share (EPS) climbed to SAR 1.15 in 9M-25 from …
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28 October 2025 01:00 PM Prices of investment funds including certificates in EGP, USD
Cairo – Mubasher: Based on updated data, Mubasher is featuring mutual funds, along with their relevant prices as of the latest closing. Below, you can find the names of the Investment Funds, as well as the prices of each certificate in EGP and …
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28 October 2025 00:02 PM First Mills posts 10% growth in 9M-25 net profits
Riyadh - Mubasher: First Milling Company (First Mills) registered an annual rise of 9.87% in net profits to SAR 202.72 million during the first nine months (9M) of 2025, compared to SAR 184.50 million. Revenues climbed by 3.54% to SAR 807.63 …
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28 October 2025 11:36 AM Astra Industrial’s net profits jump nearly 12.5% in 9M-25
Riyadh - Mubasher: Astra Industrial Group delivered net profits valued at SAR 514.23 million in the first nine months (9M) of 2025, reflecting a 12.30% rise from SAR 457.90 million in 9M-24. Earnings per share (EPS) grew to SAR 6.43 as of 30 …
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28 October 2025 08:20 AM SHL Finance’s net profits leap 117.5% in 9M-25
Riyadh - Mubasher: SHL Finance Company achieved 117.38% higher net profits valued at SAR 34.27 million in the first nine months (9M) of 2025, compared to SAR 15.76 million in 9M-24. Earnings per share (EPS) amounted to SAR 0.34 as of 30 September …
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28 October 2025 08:09 AM Barclays boosts regional footprint with Saudi Arabia launch
Riyadh - Mubasher: UK-based Barclays has received a provisional Capital Market Authority (CMA) license to launch investment banking and global markets operations in Saudi Arabia. The move strengthens the bank’s footprint in the Middle East and …
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27 October 2025 02:19 PM Al Majed for Oud strengthens regional footprint via branch in ADGM
Riyadh - Mubasher: The board of Al Majed for Oud Company has approved the establishment of a branch in the Abu Dhabi Global Market (ADGM) to reinforce its regional presence, according to a bourse disclosure. Al Majed for Oud will adhere to the …
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27 October 2025 01:48 PM Karm announces 1st global venture through KarmCyprus
Cairo - Mubasher: Egypt’s pioneering solar energy utility Karm (KarmSolar) has established KarmCyprus, the company’s first international venture, marking its official expansion into the Cypriot energy market. In line with the group’s expansion …
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27 October 2025 00:28 PM Dallah Healthcare, Maharah signs MoU for 41% equity in Care Shield
Riyadh - Mubasher: Dallah Healthcare Company has signed a non-binding memorandum of understanding (MoU) with Growth Avenue Investment Company, a wholly-owned subsidiary of Maharah Human Resources Company. The MoU aims to explore the potential …
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27 October 2025 00:13 PM Arabian Cement's net profits leap 43% in Q3-25
Riyadh - Mubasher: Arabian Cement Company recorded an annual plunge of 14.90% in net profits to SAR 109.60 million during the first nine months (9M) of 2025, compared with SAR 128.80 million. On the other hand, the revenues hiked by 21.73% …