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17 May 12:16 PM Saudi CMA approves Maharah’s request for 26.32% capital raise
Riyadh – Mubasher: The Capital Market Authority (CMA) of Saudi Arabia has officially approved for Maharah Human Resources Company to increase its total capital from SAR 475 million to SAR 600 million through bonus shares to the company’s existing …
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17 May 12:04 PM Almunajem Foods invites shareholders to attend upcoming EGM
Riyadh – Mubasher: The board of Almunajem Foods Company invited the company’s shareholders to participate in and vote at the upcoming Extraordinary General Meeting (EGM), according to a bourse disclosure. The meeting is scheduled to take place on …
Arabian Internet and Communications Services Company (solutions)
17 May 11:55 AM Solutions obtains regulatory approval to double capital
Riyadh – Mubasher: The Capital Market Authority (CMA) of Saudi Arabia has officially granted approval for Arabian Internet and Communications Services Company (solutions) to proceed with a 100% capital increase through the issuance of bonus …
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17 May 11:08 AM Saudi ADES Holding extends Shelf Drilling contract for over SAR 832m
Riyadh - Mubasher: ADES Holding Company has extended its contract for the Shelf Drilling Winner with Tenaz Energy Netherlands B.V. for operations in the Dutch sector of the North Sea, according to a press release. The deal, which commenced in …
Saudi Fisheries Company
17 May 10:58 AM Saudi Fisheries secures Omani ruling in against Ocean Fish
Riyadh – Mubasher: Saudi Fisheries Company has obtained a final judicial ruling from the Oman’s Primary Court in Muscat on 10 May 2026 in its favor regarding a commercial dispute with Ocean Fish Company, according to a bourse disclosure. The court …
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17 May 10:55 AM Saleh Abdulaziz Al Rashed & Sons secures SAR 50m funding from Alinma Bank
Riyadh – Mubasher: Saleh Abdulaziz Al Rashed & Sons Company has announced the formalization of a Sharia-compliant bank facilities agreement with Alinma Bank, according to a bourse disclosure. The funding is valued at SAR 50 million and is …
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17 May 10:52 AM Riyadh Development receives additional SAR 2m in vacant land fee invoices
Riyadh – Mubasher: Riyadh Development Company, known as ARDCO, has received additional tax invoices totaling approximately SAR 2.07 million under the White Land and Vacant Property Fees Law program of Saudi Arabia, according to a bourse filing. …
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17 May 10:51 AM Arab Sea Information Systems unveils update on accumulated losses
Riyadh – Mubasher: Arab Sea Information Systems Company announced that its accumulated losses have reached SAR 21.45 million as of 31 March 2026. The amount represents 21.45% of the company’s SAR 100 million worth of total share capital, according …
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17 May 10:16 AM Thimar unveils new board leadership for 4-year term
Riyadh – Mubasher: Thimar Development Holding Company has appointed Sulaiman bin Naser Al Hatlan as the board’s Chairman for four years, according to a bourse filing. Mohammad bin Saleiman Aleisa was named as the Vice Chairman following the …
TruKKer
17 May 10:04 AM TruKKer secures up to $300m securitization facility from ADCB to expand in MENA
Riyadh - Mubasher: MENA-based digital freight network TruKKer secured an inaugural trade receivables securitization facility of up to $300 million arranged and funded by Abu Dhabi Commercial Bank (ADCB). The transaction, among the GCC’s first …
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17 May 09:49 AM Saudi Chemical inks $198m supply deal with NCMS
Riyadh - Mubasher: Saudi Chemical Company has signed a contractual agreement with the National Company for Mechanical Systems (NCMS) to supply military materials. Both sides inked the deal on 14 May 2026 for five years at a value of $198 million …
Alinma Capital
17 May 09:36 AM Alinma Capital unveils Alinma Retail REIT Q1-26 audited financial results
Riyadh - Mubasher: Alinma Capital, the fund manager for Alinma Retail REIT, has issued a corrective announcement concerning the fund’s quarterly statement for the period ending 31 March 2026. The correction follows the identification of inaccurate …
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17 May 09:30 AM Amlak International extends SAR 1bn credit facility deal with SAIB
Riyadh - Mubasher: Amlak International Finance Company renewed its Sharia-compliant facility agreement with Saudi Investment Bank (SAIB) at a value of SAR 1.06 billion on 14 May 2026. The loan is secured by an assignment of receivables as well as …
Air Arabia
17 May 07:04 AM Air Arabia’s profits fall 22% in Q1-26 due to regional conflict, airspace closures
Dubai – Mubasher: Air Arabia registered net profits after tax valued at AED 248.20 million in the first quarter (Q1) of 2026, down 22% year-on-year (YoY) from AED 305.13 million, according to the financial results. The lower profits were driven by …
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14 May 01:01 PM Saudi Printing turns profitable at over SAR 7m in Q1-26, unveils accumulated losses
Riyadh – Mubasher: Saudi Printing and Packaging Company shifted to net profits worth SAR 7.21 million during the first quarter (Q1) of 2026. The positive results were against net losses of SAR 24.40 million in the January-March 2025 period, …
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14 May 12:59 PM Bawan Company records over SAR 1bn revenue in Q1-26 on back of oil, gas sector
Riyadh – Mubasher: Bawan Company generated revenue worth SAR 1.03 billion during the first quarter (Q1) of 2026, signaling a 13.31% increase from SAR 910.17 million in Q1-25. The company elaborated that the annual revenue growth is mainly due to …
Almunajem Foods Company
14 May 12:55 PM Almunajem Foods witnesses annual jump in Q1-26 net profit
Riyadh – Mubasher: Almunajem Foods Company recorded a year-on-year (YoY) leap of 142.50% in net profit during the first quarter (Q1) of 2026. The net income stood at SAR 97 million in January-March 2026 when compared to SAR 40 million in the same …
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14 May 11:46 AM SASCO’s revenues jump to SAR 3bn in Q1-26
Riyadh - Mubasher: Saudi Automotive Services Company (SASCO) shifted to net losses totaling SAR 23.70 million in the first quarter (Q1) of 2026, compared to net profits valued at SAR 4.28 million. The revenues climbed by 9.45% to SAR 3.02 billion …
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14 May 10:34 AM Najran Cement’s net profits shrink to SAR 6m in Q1-26
Riyadh – Mubasher: The net profits of Najran Cement Company fell by 64.46% to SAR 6.10 million in the first quarter (Q1) of 2026 from SAR 17.19 million in Q1-25. The sales retreated by 9.03% year-on-year (YoY) to SAR 123.01 million as of 31 March …
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14 May 08:27 AM Southern Province Cement incurs SAR 4m losses in Q1-26
Riyadh - Mubasher: Southern Province Cement Company turned to net losses valued at SAR 4 million in the first quarter (Q1) of 2026, compared to net profits of SAR 16 million in Q1-25. The revenues declined by 7.72% year-on-year (YoY) to SAR 203 …
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14 May 05:44 AM Al Arabia’s net profits hike to SAR 163m in Q1-26
Riyadh - Mubasher: Arabian Contracting Services Company (Al Arabia) logged net profits after tax totaling SAR 8.88 million in the first quarter (Q1) of 2026, an annual leap of 94.54% from SAR 162.78 million. The sales fell by 21.99% year-on-year …
Lazurde
14 May 05:38 AM Lazurde’s net profits shrink 73% in Q1-26; sales reach SAR 1bn
Riyadh - Mubasher: Lazurde Company for Jewelry generated 72.93% year-on-year (YoY) lower net profits attributable to the shareholder at SAR 3.60 million in the first quarter (Q1) of 2026. The quarterly earnings were compared with SAR 13.30 million …
Saudi Ceramics
14 May 05:33 AM Saudi Ceramics generates 6% higher profits in Q1-26
Riyadh -Mubasher: The net profits of Saudi Ceramic Company (Saudi Ceramics) increased by 6.14% to SAR 22.41 million in the first quarter (Q1) of 2026 from SAR 21.12 million in Q1-25. The company posted an annual decline of 0.41% in revenue to SAR …
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13 May 03:21 PM SENAAT registers higher net profit amid lower revenue in Q1-26
Riyadh – Mubasher: Advanced Building Industries Company (SENAAT) achieved net profits worth SAR 31 million in the first quarter (Q1) of 2026. The net income generated in January-March 2026 signaled a 30.73% growth from SAR 23.71 million in Q1-25, …
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13 May 02:55 PM Al Babtain Power achieves SAR 748m revenue in Q1-26; net profit soars 62.5%
Riyadh – Mubasher: Al Babtain Power and Telecommunication Company generated revenue amounting to SAR 747.90 million in the first quarter (Q1) of 2026, reflecting an 18.48% increase from SAR 631.20 million in Q1-25. The annual revenue growth …