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29 January 2025 02:44 PM Real Estate Future Forum sees 12 deals signed at over SAR 6bn
Riyadh – Mubasher: The fourth edition of the Real Estate Future Forum (RFF), which kicked off on 27 January in Riyadh, witnessed the signing of 12 development agreements at a value exceeding SAR 6 billion. The joint deals aim at driving the growth …
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5 May 2025 06:57 PM Academy of Learning inks SAR 23m framework deal with SEU
Riyadh - Mubasher: Academy of Learning Company has penned a comprehensive three-year framework agreement with the Research and Studies Institute at the Saudi Electronic University (SEU institute). The deal has an estimated value of SAR 23 million …
Makkah Construction and Development Company
5 May 2025 03:45 PM Makkah Construction's net profits leap to SAR 150m in Q1-25
Riyadh - Mubasher: Makkah Construction and Development Company reported 32.74% higher net profits at SAR 150 million in the first quarter (Q1) of 2025, compared with SAR 113 million in Q1-24. The earnings per share (EPS) surged to SAR 0.75 as of …
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5 May 2025 02:51 PM Prices of investment funds including certificates in EGP, USD – Updated
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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5 May 2025 01:50 PM ADES Holding’s net profits exceed SAR 196.5m in Q1-25
Riyadh – Mubasher: ADES Holding Company posted 2.07% year-on-year (YoY) lower net profits at SAR 196.67 million in the first quarter (Q1) of 2025, compared to SAR 200.84 million. The Saudi group generated revenues valued at SAR 1.47 billion as of …
Saudi Aramco Base Oil Company (Luberef)
5 May 2025 01:26 PM Luberef announces SAR 221.5m net profits in Q1-25
Riyadh - Mubasher: Saudi Aramco Base Oil Company (Luberef) logged net profits valued at SAR 221.50 million in the first quarter (Q1) of 2025, lower by 7.32% than SAR 239.01 million in Q1-24. The revenues declined by 2.60% year-on-year (YoY) to SAR …
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5 May 2025 09:37 AM Mouwasat’s net profits jump by nearly 15% in Q1-25
Riyadh – Mubasher: Mouwasat Medical Services Company logged net profits valued at SAR 197.05 million in the first quarter (Q1) of 2025, up 14.84% year-on-year (YoY) from SAR 171.58 million. The revenues witnessed an annual growth of 5.75% to SAR …
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5 May 2025 08:55 AM SHL Finance’s profits leap to SAR 14m in Q1-25
Riyadh – Mubasher: SHL Finance Company achieved net profits valued at SAR 14.08 million in the first quarter (Q1) of 2025, higher by 205.288% year-on-year (YoY) than SAR 4.61 million. The company’s assets grew by 1.88% to SAR 4.51 billion in Q1-25 …
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5 May 2025 08:32 AM Eastern Province Cement achieves SAR 62m profits in Q1-25
Riyadh – Mubasher: Eastern Province Cement Company registered 21.51% year-on-year (YoY) lower net profits at SAR 62 million in the first quarter (Q1) of 2025, compared to SAR 79 million Earnings per share (EPS) hit SAR 0.72 as of 31 March 2025, …
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28 January 2025 06:33 PM NHC mulls offering subsidiaries for public subscription – CEO at RFF2025
Riyadh – Mubasher: The National Housing Company (NHC) is studying the possibility of offering some of its subsidiaries, including NHC Innovation, for public subscription, the group’s CEO, Mohammed Al Batty, unveiled. The proposed offerings, which …
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28 January 2025 06:12 PM NHC secures SAR 30bn agreement at Real Estate Future Forum 2025
Riyadh – Mubasher: The National Housing Company (NHC) has signed a series of agreements and memoranda of understanding (MoUs) at a combined value of SAR 30 billion, the Saudi Press Agency (SPA) reported. The joint deals were penned with government …
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28 January 2025 05:55 PM PIF-owned ROSHN Group acts as strategic partner of Real Estate Future Forum 2025
Riyadh – Mubasher: ROSHN Group, a multi-asset class property developer and a wholly-owned company by the Saudi Public Investment Fund (PIF), is acting as the strategic partner of the Real Estate Future Forum in its fourth edition, according to a …
Majid Al Hogail, Saudi Minister of Municipalities and Housing
28 January 2025 05:31 PM Al Hogail outlines plans for 20k housing units at RFF2025
Riyadh – Mubasher: Majid Al Hogail, Saudi Minister of Municipalities and Housing, unveiled plans to deliver 20,000 housing units in 2025 at prices less than SAR 450,000. Al Hogail also stated that the government will team up with the private …
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28 January 2025 04:04 PM Two events kick off in Saudi Arabia, bring together world’s pioneering minds for 3 days
Riyadh – Mubasher: Saudi Arabia has witnessed the launch of two events on 27 January 2025 where attendees and speakers from across the globe discuss the future of real estate and franchising. The Real Estate Future Forum is taking place at the …
Specialized Medical Company (SMC)
4 May 2025 07:42 PM Specialized Medical Company to float 30% on Tadawul
Riyadh – Mubasher: Saudi healthcare provider Specialized Medical Company (SMC) intends to proceed with an initial public offering (IPO) and the listing of 75 million ordinary shares on the Main Market of the Saudi Exchange (Tadawul). On 26 March …
Saudi Basic Industries Corporation (SABIC)
4 May 2025 06:58 PM SABIC shifts to SAR 1.2bn net losses in Q1-25; revenues increase 6%
Riyadh - Mubasher: Saudi Basic Industries Corporation (SABIC) turned to net losses worth SAR 1.21 billion during the first quarter (Q1) of 2025, versus a net profit of SAR 250 million in Q1-24. Meanwhile, the revenues stood at SAR 34.59 billion in …
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4 May 2025 04:13 PM SASCO’s net profits fall in Q1-25; revenues exceed SAR 2.7bn
Riyadh – Mubasher: Saudi Automotive Services Company (SASCO) achieved net profits valued at SAR 4.28 million in the first quarter (Q1) of 2025, down 59.69% year-on-year (YoY) from SAR 10.62 million. The company’s revenues jumped by 12.50% to SAR …
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4 May 2025 03:03 PM Dar Al Arkan sees 36% higher profits in Q1-25
Riyadh – Mubasher: Dar Al Arkan Real Estate Development Company posted net profits worth SAR 209.34 million in the first quarter (Q1) of 2025, an annual growth of 36.29% from SAR 153.59 million. Revenues hiked by 7.75% to SAR 932.01 million in …
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4 May 2025 00:40 PM Dr. Sulaiman Al Habib sees higher profits in Q1-25; dividends announced
Riyadh – Mubasher: Dr. Sulaiman Al Habib Medical Services Group logged net profits valued at SAR 557.01 million in the first quarter (Q1) of 2025, up 1.09% year-on-year (YoY) from SAR 550.95 million Earnings per share (EPS) rose to SAR 1.59 in …
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4 May 2025 10:26 AM City Cement logs SAR 51.5m profits in Q1-25
Riyadh – Mubasher: City Cement Company recorded 23.91% year-on-year (YoY) higher net profits at SAR 51.53 million in the first quarter (Q1) of 2025, compared to SAR 41.59 million Earnings per share (EPS) amounted to SAR 0.37 in Q1-25, versus SAR …
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4 May 2025 10:15 AM Prices of investment funds including certificates in EGP, USD
Cairo – Mubasher: Based on 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 the funds …
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4 May 2025 09:02 AM Nayifat Finance posts 37% higher profits in Q1-25
Riyadh – Mubasher: Nayifat Finance Company recorded a 37.07% year-on-year (YoY) leap in net profit to SAR 23.54 million during the first quarter (Q1) of 2025, versus SAR 17.17 million. The higher profits were due to an increase in commission …
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4 May 2025 08:49 AM Amlak International registers SAR 12m profits in Q1-25; assets exceed SAR 4.6bn
Riyadh – Mubasher: Amlak International Finance Company logged net profits valued at SAR 11.91 million in the first quarter (Q1) of 2025, higher by 38.44% than SAR 8.60 million in Q1-24. Total income hiked by 39.55% year-on-year (YoY) to SAR 138.18 …
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1 May 2025 03:41 PM Saudi Steel Pipe reports lower profits at SAR 69m in Q1-25
Riyadh – Mubasher: Saudi Steel Pipe Company registered SAR 69 million in net profit during the first quarter (Q1) of 2025, an annual decline of 9.21% from SAR 76 million. The company generated revenues valued at SAR 454 million in Q1-25, down …
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1 May 2025 02:49 PM EIC sees higher profits at SAR 123.5m in Q1-25
Riyadh – Mubasher: Electrical Industries Company (EIC) recorded 64.07% higher net profits at SAR 123.43 million in the first quarter (Q1) of 2025, compared to SAR 75.23 million in Q1-24. Earnings per share (EPS) climbed to SAR 0.11 in Q1-25 from …