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13 August 2025 07:44 AM Qassim Cement reports 3% growth in H1-25 net profits
Riyadh - Mubasher: Qassim Cement Company generated 2.77% higher net profits at SAR 149.68 million in the six-month (6M) period ended 30 June 2025, compared with SAR 145.63 million as of 30 June 2024. Revenues reached SAR 596.15 million in the …
Saudi Arabian Oil Company (Aramco)
22 May 2025 04:03 PM Aramco achieves world-first in gas operations, boosts renewables investment, energy efficiency
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) has unveiled a world-first milestone by successfully commissioning a megawatt (MW)-scale renewable energy storage system to power gas production activities, according to an official statement. …
Talabat Holding
12 August 2025 09:22 PM MENA-focused Talabat generates $222m net income in H1-25, higher GMV of $4.5bn
Dubai – Mubasher: Talabat Holding, the on-demand online ordering and delivery platform in the MENA region, announced $222 million worth of net income during the first half (H1) of 2025, marking a 90% growth from $117 million in H1-24. The gross …
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12 August 2025 03:40 PM Chemanol’s net losses deepen to SAR 468m in H1-25
Riyadh - Mubasher: Methanol Chemicals Company (Chemanol) incurred 790.91% higher net losses at SAR 467.73 million in the first half (H1) of 2025, compared with SAR 52.50 million in H1-24. Revenues reached SAR 320.28 million as of 30 June 2025, …
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12 August 2025 01:20 PM SAIC shifts to SAR 110m net losses in H1-25
Riyadh - Mubasher: Saudi Advanced Industries Company (SAIC) suffered net losses worth SAR 110.14 million in the first half (H1) of 2025, against net profits of SAR 217.24 million in H1-24. Negative revenues stood at SAR 91.12 million in H1-25, …
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12 August 2025 01:15 PM Zamil Industrial reports 325% leap in H1-25 net profits
Riyadh - Mubasher: Zamil Industrial Investment Company generated SAR 48.99 million in net profits in the six-month (6M) period ended 30 June 2025, reflecting a 325.11% year-on-year (YoY) leap from SAR 11.52 million. Revenues increased by 12.84% to …
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12 August 2025 10:43 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 …
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12 August 2025 07:35 AM EFG Hermes advises on AfricInvest's exit from MENA-focused MDP
Cairo - Mubasher: EFG Hermes, an EFG Holding company, has advised on the AfricInvest-led consortium's full exit from Masria Digital Payments (MDP), the leading payments technology infrastructure provider in the MENA region, according to a press …
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12 August 2025 07:23 AM Kingdom Holding records nearly SAR 837m profits in H1-25, higher revenues
Riyadh – Mubasher: The net profits of Kingdom Holding Company went up by 1.98% to SAR 836.71 million in the first half (H1) of 2025 from SAR 820.39 million in H1-24. The group posted revenues totaling SAR 1.36 billion as of 30 June 2025, an annual …
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12 August 2025 07:19 AM Emaar The Economic City posts 76% lower losses in H1-25; accumulated losses near 3% of capital
Riyadh – Mubasher: Emaar The Economic City incurred net losses valued at SAR 167 million in the first half (H1) of 2025, an annual plunge of 75.93% from SAR 694 million. Meanwhile, the revenues hiked by 114.66% to SAR 322 million in H1-25 from SAR …
Flynas
21 May 2025 08:15 PM Flynas’ final IPO price set at SAR 80/shr; offering attracts SAR 409bn in orders
Riyadh – Mubasher: The final initial public offering (IPO) price for Flynas Company has been announced at SAR 80 per share, following the completion of the book-building process for the institutional tranche subscribed to the offered shares. BSF …
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11 August 2025 11:59 PM AI is becoming key tool for potential travelers to Middle East – Report
Mubasher: AI is becoming a key tool for travelers planning trips to the Middle East, with nearly six in 10 have used AI for travel planning and with 21% using it before their most recent trip, according to a recent report by Tourism Economics on …
Cercli
11 August 2025 11:33 PM MENA-focused, run by ex-Careem execs Cercli unveils growth ahead of regional expansion
UAE – Mubasher: Cercli, an HR platform for Middle Eastern businesses to run and pay their local and global workforces, has announced rapid growth and platform updates for companies across the Middle East including plans underway for regional …
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11 August 2025 05:09 PM Takween’s net losses widen to SAR 35.5m in H1-25
Riyadh - Mubasher: Takween Advanced Industries Company incurred 335.56% higher net losses at SAR 35.56 million in the first half (H1) of 2025, compared to SAR 8.16 million in H1-24. The company reported revenues amounting to SAR 283.38 million in …
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11 August 2025 04:40 PM Knowledge Economic City incurs SAR 55m losses in H1-25; revenues leap 912%
Riyadh – Mubasher: Knowledge Economic City suffered 41.99% higher net losses at SAR 54.94 million in the first half (H1) of 2025, compared to SAR 38.69 million in H1-24. The revenues hiked by 912.12% to SAR 112.45 million in H1-25 from SAR 11.11 …
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11 August 2025 03:32 PM SNB Capital leads SAR 7.1bn rights issue for ACWA Power; region’s largest capital hike
Riyadh - Mubasher: SNB Capital has completed a SAR 7.10 billion ($1.90 billion) rights issue for ACWA Power on the Saudi Exchange (Tadawul), marking one of the region's largest capital increases by value. The transaction involved issuing 33.93 …
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11 August 2025 02:26 PM Lazurde turns to SAR 12.5m losses in H1-25; sales up to SAR 1.3bn
Riyadh - Mubasher: Lazurde Company for Jewelry suffered net losses worth SAR 12.50 million in the first six months (6M) of 2025, against net profits of SAR 32 million in 6M-24. Meanwhile, the sales hit SAR 1.38 billion in the first half (H1) of …
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11 August 2025 02:11 PM Alujain Corporation shifts to net losses in H1-25
Riyadh - Mubasher: Alujain Corporation swung to net losses of SAR 4.80 million in the first half (H1) of 2025, against net profits of SAR 20.26 million in H1-24. The revenues hit SAR 610.56 million in the first six months (6M) of 2025, an annual …
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11 August 2025 01:51 PM SAB unveils over SAR 2bn cash dividends for H1-25
Riyadh - Mubasher: The board of Saudi Awwal Bank (SAB) approved cash dividends valued at SAR 2.05 billion for 2.05 billion eligible shares, for the first half (H1) of 2025. SAB will disburse a dividend of SAR 1 per share after deduction of Zakat, …
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11 August 2025 01:44 PM Aldawaa Medical Services' profits near SAR 192m in H1-25; dividends for Q1 announced
Riyadh - Mubasher: The net profits of Aldawaa Medical Services Company reached SAR 191.74 million in the first half (H1) of 2025, up 0.28% year-on-year (YoY) from SAR 191.20 million. The Tadawul-listed company generated SAR 3.35 billion in …
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11 August 2025 01:38 PM B Investments Holding’s unit eyes regional expansion via EGP 1bn capital boost
Cairo - Mubasher: B Healthcare Investments Company, a subsidiary of B Investments Holding, is close to securing final approvals for a capital increase to EGP 1 billion. The proceeds of the capital hike will be utilized to fund the subsidiary’s …
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11 August 2025 01:04 PM SEC records higher profits at SAR 6.2bn in H1-25; revenues hike 23.5%
Riyadh – Mubasher: Saudi Electricity Company (SEC) witnessed 19.26% year-on-year (YoY) higher net profits at SAR 6.25 billion in the first half (H1) of 2025, compared to SAR 5.24 billion. The group’s revenues hit SAR 47.22 billion as of 30 June …
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11 August 2025 00:23 PM MBC Group’s net profits leap 41% in H1-25; revenues hit SAR 3bn
Riyadh - Mubasher: MBC Group recorded net profits amounting to SAR 335.43 million in the first half (H1) of 2025, higher by 41.07% year-on-year (YoY) than SAR 237.77 million. The group posted revenues valued at SAR 3.03 billion as of 30 June 2025, …
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11 August 2025 11:46 AM Flynas’ revenues cross SAR 4.5bn in H1-25 following IPO
Riyadh – Mubasher: Flynas Company shifted to net losses valued at SAR 714.64 million in the first half (H1) of 2025, against net profits of SAR 388.01 million in H1-24. Loss per share amounted to SAR 4.58  at the end of June 2025, compared to an …
Al Ansari Exchange and UnionPay International at Seamless 2025
20 May 2025 07:28 PM Al Ansari Exchange, UnionPay sign deal at Seamless Middle East 2025 to launch MoneyExpress remittance service
Dubai – Mubasher: Al Ansari Exchange, a subsidiary of Al Ansari Financial Services, has entered into an agreement with UnionPay International during Seamless Middle East 2025 to launch MoneyExpress remittance service in the UAE.  The partnership …