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7 minutes ago Rasan announces new audit committee
Riyadh – Mubasher: Rasan Information Technology Company announced the appointment of its audit committee members for a new board term that commenced on 4 August 2026. The decision, finalized during a board of directors meeting held on 5 August, …
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29 minutes ago City Cement’s board greenlights SAR 56m cash dividends for H1-26
Riyadh - Mubasher: City Cement Company’s board of directors has approved a cash dividend distribution totaling SAR 56 million for the first half (H1) of 2026. The payout will be funded from the company’s retained earnings, according to a bourse …
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40 minutes ago SIDC’s net losses widen 39% in H1-26; sales hit SAR 43m
Riyadh – Mubasher: The Saudi Industrial Development Company (SIDC) reported 39.18% year-on-year (YoY) higher net losses at SAR 24.69 million in the first half (H1) of 2026, compared to SAR 17.74 million. Total revenue for the half-year period fell …
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42 minutes ago Bidaya Finance extends SAR 750m credit facility deal with Al Rajhi Bank
Riyadh - Mubasher: Bidaya Finance renewed its SAR 750 million Sharia-compliant credit facility agreement with Al Rajhi Bank on 3 August 2026, according to a bourse disclosure. The facility aims to expand and increase the company's sales volume …
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1 hour ago Maaden logs SAR 19.7bn revenues in H1-26; profits up 10%
Riyadh – Mubasher: Saudi Arabian Mining Company (Maaden) recorded 13.19% year-on-year (YoY) higher net profits at SAR 2.18 billion in the second quarter (Q2) of 2026, compared to SAR 1.92 billion. The mining giant’s revenue for the quarter rose by …
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9 August 08:22 PM Almujtama Medical appoints Audit Committee for new term
Riyadh — Mubasher: Almujtama Alraida Medical Company has formed the audit committee for a new four-year term. The committee’s tenure commenced on 1 August 2026 and is scheduled to conclude on 31 July 2030, according to a bourse filing. The board …
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9 August 08:08 PM Wajd Life enters into SAR 39m contract with university
Riyadh — Mubasher: Wajd Life Trading Company announced the signing of a service contract valued at SAR 39.28 million with Majmaah University, according to a bourse filing. The agreement was officially penned on 30 July 2026, while it follows an …
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9 August 07:50 PM Almujtama Medical appoints board Chairman, Committee members
Riyadh — Mubasher: Almujtama Alraida Medical Company announced that its board of directors had approved the appointment of the chairman, vice chairman, and the formation of several board committees on 1 August 2026. These appointments follow the …
Mohammed Hadi Al Rasheed & Partners Company
9 August 07:35 PM Al Rasheed discloses correction regarding recent SAB financing approval
Riyadh — Mubasher: Mohammed Hadi Al Rasheed & Partners Company recently issued a corrective disclosure regarding its recent procurement of Sharia-compliant banking facilities from Saudi Awwal Bank (SAB). The company clarified that a clerical error …
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9 August 07:10 PM Almujtama Medical shifts to net losses in H1-26
Riyadh — Mubasher: Almujtama Alraida Medical Company reported a net loss of SAR 4.92 million during the first half (H1) of 2026, a significant reversal from the SAR 4.26 million net profit recorded in H1-25. The company’s loss per share stood at …
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9 August 06:39 PM Petrol Naas announces completion of new factory
Riyadh — Mubasher: Naas Petrol Factory Company (Petrol Naas) recently unveiled the completion of all construction phases for its new industrial facility located in Al Kharj. The company confirmed that the plant is now fully ready for operations, …
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9 August 02:09 PM Amiantit’s net losses deepen to SAR 123m in H1-26
Riyadh – Mubasher: Saudi Arabian Amiantit Company suffered net losses valued at SAR 122.96 million for the first half (H1) of 2026, a sharp increase from the SAR 9.60 million during the same period in 2025. The company attributed the widening loss …
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9 August 02:06 PM Rasan appoints new Chairman, Acting CEO
Riyadh – Mubasher: Rasan Information Technology Company announced on 6 August a comprehensive restructuring of its board and executive leadership following a board meeting held on 5 August. The company appointed Moayad Al Fallaj as Chairman of the …
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9 August 02:04 PM Avalon Pharma’s net profits climb 26% in H1-26
Riyadh - Mubasher: Middle East Pharmaceutical Industries Company (Avalon Pharma) announced a net profit of SAR 55.70 million for the first half (H1) of 2026, marking a 25.99% increase from SAR 44.21 million during the same period in 2025. The …
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9 August 02:01 PM Saleh Abdulaziz AlRashed & Sons unveils SAR 316m revenues in H1-26
Riyadh – Mubasher: Saleh Abdulaziz AlRashed & Sons Company posted 61.97% year-on-year (YoY) lower net profits after tax at SAR 15.65 million in the first half (H1) of 2026, compared to SAR 41.15 million. Earnings per share (EPS) for the six-month …
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9 August 01:42 PM Arabian Pipes generates 74% lower profits in Q2-26 on supply chain disruptions
Riyadh – Mubasher: Arabian Pipes Company logged 73.89% year-on-year (YoY) lower net profits after tax at SAR 8.99 million in the second quarter (Q2) of 2026, compared to SAR 34.43 million. The company attributed the downturn to geopolitical events …
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9 August 01:40 PM Red Sea International submits capital hike request to CMA
Riyadh — Mubasher: Red Sea International Company has submitted its application to the Capital Market Authority (CMA) to increase the company’s capital through a rights issue valued at SAR 280 million. The filing follows the board of directors' …
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9 August 01:38 PM Alwasail names Al Musheigeh as new CEO
Riyadh – Mubasher: Alwasail Industrial Company has appointed Mohammed bin Saleh Al Musheigeh as the company’s new CEO. The decision was finalized by the Board of Directors on 5 August 2026, following a recommendation from the Remuneration and …
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9 August 12:40 PM SAIC returns to profitability in Q2-26
Riyadh – Mubasher: Saudi Advanced Industries Company (SAIC) generated net profits amounting to SAR 7.47 million for the second quarter (Q2) of 2026, marking a significant recovery from the SAR 115.39 million loss recorded during the same period in …
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9 August 12:05 PM Morabaha Marina Financing achieves SAR 85m revenues in H1-26
Riyadh - Mubasher: Morabaha Marina Financing Company incurred a net loss of SAR 26.38 million for the first half (H1) of 2026, compared to a net profit of SAR 2.98 million during the same period in 2025. The company’s revenue for the six-month …
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9 August 12:01 PM Al Yamamah Steel generates 253.5% higher profits in 9M-25/26
Riyadh - Mubasher: Al Yamamah Steel Industries Company announced net profits amounting to SAR 62.09 million for the quarter that ended on 30 June 2026, an annual leap of 303.90% from SAR 15.37 million. The company attributed the sharp rise to …
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9 August 11:57 AM Lazurde suffers SAR 5m losses in Q2-26; total revenues hit SAR 1.9bn in H1-26
Riyadh - Mubasher: The net losses of Lazurde Company for Jewelry plunged by 87.20% to SAR 1.60 million in the first half (H1) of 2026 from SAR 12.50 million in H1-25. The improvement in the bottom line came despite a one-time non-cash unrealized …
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9 August 11:44 AM Saudi Cement’s net profits cross SAR 202m in H1-26
Riyadh - Mubasher: Saudi Cement Company posted 6.81% year-on-year (YoY) higher net profits after tax at SAR 102 million for the second quarter (Q2) of 2026, compared to SAR 95.50 million in Q2-25. The company attributed the growth to higher local …
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9 August 11:37 AM Al Dawaa Medical Services logs SAR 3.1bn revenues in H1-26
Riyadh – Mubasher: The net profits of Al Dawaa Medical Services Company plunged by 72.61% to SAR 52.52 million in the first half (H1) of 2026 from SAR 191.74 million in the same period last year. The company attributed the downturn to a more …
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9 August 11:06 AM Budget Saudi’s profits fall to SAR 128m in H1-26
Riyadh – Mubasher: United International Transportation Company (Budget Saudi) reported a net profit of SAR 127.84 million for the first half (H1) of 2026, representing a 24.08% plunge from SAR 168.39 million in the same period last year. The …