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27 November 2025 04:27 PM GO rebrands as Etihad GO Telecom

Riyadh - Mubasher: Etihad Atheeb Telecommunication Company (GO) changed its commercial name to Etihad GO Telecom Company as part of its strategic transformation to strengthen its position in the telecommunications and technology sectors. This new …

Corporate Actions

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27 November 2025 04:14 PM Almoosa Health rolls out SAR 657.5m agreement with BEC Arabia Contracting

Riyadh - Mubasher: Almoosa Health Company inked a SAR 657.50 million contract with BEC Arabia Contracting Company on 26 November 2025, according to a statement. The 24-month agreement covers the execution of preliminary construction works, …

Companies Investments

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27 November 2025 07:47 AM Aramco to launch AI-focused office in Paris to expand global footprint

Riyadh - Mubasher: Saudi Arabian Oil Company (Aramco)plans to launch a new Aramco Ventures office in Paris, Executive Vice President of Technology and Innovation Ahmad Al Khowaiter announced. Al Khowaiter affirmed that the energy sector is vital …

Companies Investments

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26 November 2025 07:13 PM Shalfa obtains SAR 200m loan from SNB

Riyadh - Mubasher: Shalfa Facilities Management Company penned a Sharia-compliant credit facility agreement worth SAR 200 million with the Saudi National Bank (SNB) on 25 November 2025. Valid until 30 September 2026, the loan is secured by a …

Companies Investments

Elsewedy Electric KSA

26 November 2025 06:17 PM Elsewedy Electric unveils $40m facility in Riyadh as 1st local factory accredited by SEC

Cairo - Mubasher: Elsewedy Electric KSA, a subsidiary of Elsewedy Electric Company, has inaugurated a $40 million factory in Riyadh’s Elsewedy Industrial Complex, according to a press release. The strategic investment exceeding SAR 75 million …

Companies Investments

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26 November 2025 06:06 PM Arabian Shield unveils 2 key appointments

Riyadh - Mubasher: Arabian Shield Cooperative Insurance Company named Naif Bin Sultan bin Mohammed bin Saud Alkabeer as the board’s Chairman for the next four years. Sameer Alwazzan was announced as the Vice Chairman, according to a bourse filing. …

Corporate Actions

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26 November 2025 05:37 PM ADES Holding acquires Shelf Drilling to fuel global expansion

Riyadh - Mubasher: ADES Holding Company has acquired Shelf Drilling Limited through a cash merger, anchoring the Saudi group’s position as a global leader in offshore drilling. ADES Holding currently has a combined fleet of 83 offshore units and …

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26 November 2025 11:08 AM GFH Partners acquires majority stake in Devmark to foster GCC residential ecosystem

Mubasher: GFH Partners, a subsidiary of GFH Financial Group, owned a majority shareholding in Devmark Real Estate Brokers L.L.C, the UAE’s leading real estate development project sales and marketing platform. The transaction marks GFH Partners’ …

Companies Investments

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25 November 2025 05:08 PM SAL’s unit pens deal with Flyadeal to expand logistics services

Riyadh – Mubasher: SAL Logistics Division, a subsidiary of Saudi Logistics Services Company (SAL), inked a logistics services agreement with Flyadeal Company on 25 November, according to a bourse disclosure. Under the three-year deal, SAL …

Companies Investments

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25 November 2025 02:02 PM Al Khomasiah to develop SAR 1bn residential towers in Masar destination

Riyadh – Mubasher: Al Khomasiah Group signed an agreement with Umm Al Qura for Development and Construction and BLME to develop two residential towers in Masar destination in Makkah, with investments exceeding SAR 1 billion. Announced during …

Companies Investments

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25 November 2025 11:13 AM Mayar Holding announces key appointments

Riyadh – Mubasher: Mayar Holding Company has appointed Thamer Abdullah Mohammed Alrayes as its Chairman and Turki Abdullah Mohammed Alrayes as its Vice Chairman. The board named the two officials for a four-year term ending on 20 November 2029, …

Management Decisions

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24 November 2025 05:29 PM Cenomi Centers offers USD-denominated Sukuk

Riyadh - Mubasher: Arabian Centres Company (Cenomi Centers) began offering USD-denominated Sharia-aligned Sukuk on 24 November 2025, according to a bourse filing. The company has mandated Abu Dhabi Commercial Bank (ADCB), Citigroup, Emirates NBD …

Companies Investments

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24 November 2025 01:07 PM GB Corp’s unit secures EGP 5bn syndicated credit facility to fuel expansion

Cairo – Mubasher: Drive Finance, a subsidiary of GB Corp, signed a syndicated credit facility valued at EGP 5 billion, according to a press release. The facility is part of the company's strategy to diversify its funding sources and support its …

Companies Investments

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23 November 2025 08:04 PM AD Ports attracts AED 1.1bn investments from two Indian companies

Abu Dhabi – Mubasher: KEZAD Group, part of Abu Dhabi Ports Company (AD Ports), has signed two land lease agreements of more than AED 1.10 billion investments with two leading Indian business groups, Jindal SAW Group and Haldiram Group. The two …

Companies Investments

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23 November 2025 11:13 AM GCC-focused LuLu Retail opens new mini market in Dubai

Abu Dhabi - Mubasher: Lulu Retail Company, the largest pan-GCC full-line retailer, has opened a new mini market in Dubai, according to a press release. Located in Oud Metha, the new launch supports LuLu’s ongoing commitment to expanding its retail …

Companies Investments

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23 November 2025 10:47 AM Al Akaria pens deal to execute Binyah’s project

Riyadh – Mubasher: Saudi Real Estate Company (Al Akaria) signed a framework agreement with Expo 2030 Riyadh Company on 20 November 2025, according to a bourse filing. Al Akaria will execute the Early Works for the Expo 2030 Riyadh project through …

Companies Investments

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20 November 2025 09:23 PM Fakeeh Care supports expansion plans via SAR 825m loan from ANB

Riyadh-Mubasher: Dr Soliman Abdel Kader Fakeeh Hospital Company (Fakeeh Care) penned a Sharia-compliant credit facility agreement with Arab National Bank (ANB) for an amount of SAR 825 million. The company obtained the loan, on 19 November 2025, …

Companies Investments

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20 November 2025 08:31 PM AD Ports acquires PIF-owned SEIC’s stake in Alexandria Containers for EGP 13.2bn

Mubasher: Abu Dhabi Ports Company (AD Ports) has purchased the Saudi Egyptian Investment Company’s (SEIC) ownership in Alexandria Containers and goods in a deal valued at EGP 13.23 billion. The ADX-listed group acquired a 19.32% stake in …

Mergers and Acquisitions

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20 November 2025 00:57 PM Aramco inks agreements worth over $30bn with US-based companies

Riyadh - Mubasher: Saudi Arabian Oil Company (Aramco), through its Aramco Group Companies has signed 17 memoranda of understanding (MoUs) and agreements at an estimated total value exceeding $30 billion with major companies in the US, according to …

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20 November 2025 07:03 AM Channels by stc, ABANA bower telecom services at Seamless KSA 2025

Riyadh – Mubasher: Channels by Saudi Telecom Company (stc) and ABANA signed an agreement to provide installation services across various telecommunications and information technology fields. The two companies aim to deliver management and …

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20 November 2025 07:01 AM ONFTECH teams up with Emirates NBD to boost innovation at Seamless KSA 2025

Mubasher: Turkish fintech company ONFTECH signed a memorandum of understanding (MoU) with Emirates NBD to promote compliance technology in Saudi Arabia. The two entities inked the MoU during the Seamless Saudi Arabia 2025 event, which concluded …

Event

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20 November 2025 06:51 AM Channels by stc, RAMA Technologies to reinforce AI-driven ecosystem

Riyadh – Mubasher: Channels by Saudi Telecom Company (stc) and RAMA Technologies, specialized in AI and data analytics solutions, signed a cooperation agreement at the Seamless Saudi Arabia 2025 forum. The two parties will bolster the smart …

Event

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20 November 2025 06:41 AM Channels by stc empowers business sector via partnership with Samsung at Seamless KSA

Riyadh – Mubasher: Channels by Saudi Telecom Company (stc) penned a strategic agreement with Samsung Saudi Arabia to launch the latest display solutions tailored for the Saudi business sector. This includes the world’s largest B2B LCD screen, in …

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20 November 2025 06:30 AM ONFTECH, STC Bank partner at Seamless KSA 2025 to promote digital transformation

Riyadh – Mubasher: ONFTECH, an esteemed international software development company specializing in fintech solutions, signed a memorandum of understanding (MoU) with STC Bank during Seamless Saudi Arabia 2025. The agreement will enable the two …

Companies Investments

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19 November 2025 08:35 PM Almarai’s Beyti boosts localization with EGP 1bn five-line expansion in Beheira

Cairo - Mubasher: Beyti, a subsidiary of Almarai Company, has inaugurated five new production lines at its Nubaria factory in Beheira Governorate, with a total investment of EGP 1 billion, according to a press release. The expansion aims to boost …

Companies Investments