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4 October 11:49 PM Asas Makeen enters into SAR 315m construction agreement
Riyadh — Mubasher: Asas Makeen Real Estate Development and Investment Company recently announced the signing of a construction contract with Ittihad Althabat Company for Contracting, according to a bourse filing. The agreement is valued at an …
Real estate
Almarai
4 October 09:45 AM Almarai logs SAR 1.9bn profits in 9M-26 amid strong revenue growth
Riyadh - Mubasher: Almarai Company logged a net profit of SAR 617.79 million for the third quarter (Q3) of 2026, representing a slight increase of 0.74% compared to SAR 613.24 million. The company’s quarterly revenue grew by 11.43% to SAR 6.19 …
Financial Results
Photo Archive
24 September 12:43 PM Sport Clubs unveils SAR 35m lease agreement for new center in Jeddah
Riyadh — Mubasher: Sport Clubs Company has signed a lease agreement valued at SAR 34.81 million, excluding value-added tax, to establish a new fitness center in Jeddah. The contract, signed on 22 September 2026, with Modern Arab Real Estate …
Company News
Photo Archive
23 September 09:43 AM Sport Clubs shareholders to consider 1.5m-share buyback for employee incentives
Riyadh — Mubasher: Sport Clubs Company has invited its shareholders to an extraordinary general meeting on 19 October 2026 to vote on a proposal to repurchase up to 1.45 million of its ordinary shares. The buyback, which represents a maximum of …
Trading Activities
Photo Archive
20 September 11:56 AM Sport Clubs rolls out lease agreement for new gym in Riyadh
Riyadh — Mubasher: Sport Clubs Company has signed a land lease agreement on 16 September valued at SAR 55.69 million, excluding value-added tax. The contract with Khalid bin Ibrahim Al Habdan involves the lease of a 4,125-square-meter plot located …
Companies Investments
Photo Archive
17 September 06:37 AM Americana Restaurants board reviews 3-year strategic plan
Riyadh — Mubasher: Americana Restaurants International held a board of directors meeting on 15 September to review the company’s operational performance and long-term planning. The meeting, which commenced at 4:00 PM, was attended by board members …
Company News
Photo Archive
14 September 10:25 AM Arabian Drilling expands operations via SAR 2bn deal with SLB
Riyadh — Mubasher: Arabian Drilling has signed a five-year contract valued at approximately SAR 2 billion with Schlumberger Middle East S.A. (SLB). Under the terms of the agreement, the company will provide eight additional land rigs to support …
Company News
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13 September 02:56 PM stc to sponsor 7th International Disability Conference in Riyadh
Riyadh — Mubasher: Saudi Telecom Company (stc) and the King Salman Center for Disability Research (KSCDR) have signed a strategic agreement for the 7th International Conference on Disability and Rehabilitation, scheduled to take place in Riyadh …
Company News
Photo Gallery
13 September 11:32 AM stc, Astranis to deploy dedicated satellite in Saudi Arabia
Riyadh — Mubasher: Saudi Telecom Company (stc) and US-based Astranis signed an agreement to deploy a dedicated satellite serving Saudi Arabia, according to a press release. The satellite, part of Astranis’ Block 3 program scheduled for launch in …
Company News
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3 September 06:34 AM BytePlus to launch MEA’s 1st cloud region in Riyadh via Mobily’s collaboration
Riyadh – Mubasher: Etihad Etisalat Company (Mobily) and BytePlus entered into a strategic partnership to launch BytePlus’s first Public Cloud region in the Middle East and Africa (MEA) region in Riyadh, with estimated investments of $150 million. …
Companies Investments
American Express
2 September 05:35 PM SAIB to exit American Express Saudi Arabia for SAR 1.4bn
Riyadh — Mubasher: The Saudi Investment Bank (SAIB) inked an agreement to sell its full 50% equity stake in American Express Saudi Arabia to Amex (Middle East) B.S.C. The transaction is valued at SAR 1.43 billion, equivalent to $381.36 million, to …
Company News
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31 August 12:37 PM Arabian Drilling pens SAR 3bn agreement with SLB
Riyadh — Mubasher: Arabian Drilling signed a five-year contract valued at approximately SAR 3 billion with SLB Middle East. Under the terms of the agreement, the company will provide 11 land rigs to support integrated gas drilling operations. The …
Company News
Photo Archive
30 August 01:55 PM Dar Al Balad secures SAR 20m credit facility from Emirates NBD
Riyadh - Mubasher: Dar Al Balad for Business Solutions Company has secured a Sharia-compliant credit facility valued at SAR 20 million from the Saudi Arabian branch of Emirates NBD. The financing agreement, which was signed on 27 August 2026, is …
Banking and Finance
Taco Bell
30 August 11:30 AM MENA-focused Americana Restaurants to launch Taco Bell brand in UAE
Riyadh — Mubasher: Americana Restaurants International has signed an exclusive development agreement to launch the Taco Bell brand in the UAE. The partnership marks the company's entry into the Mexican-inspired quick-service restaurant sector and …
Global Economy
Khaled Dhafer and Brothers for Logistics Services Company (KDL Logistics)
27 August 11:08 PM KDL Logistics shifts to net losses in H1-26 on regional tensions
Riyadh — Mubasher: Khaled Dhafer and Brothers for Logistics Services Company (KDL Logistics) incurred a net loss of SAR 4.19 million in the first half (H1) of 2026, swinging from the SAR 2.41 million net profits recorded in H1-25. The company …
Global Economy
Saudi Riyal
25 August 09:44 PM BinDawood Holding obtains SAR 542m financing for international acquisition
Riyadh — Mubasher: BinDawood Holding Company has secured a Sharia-compliant Murabaha financing facility totaling SAR 542 million, according to a bourse filing. The credit facility was provided by Banque Saudi Fransi and Gulf International Bank …
Companies Investments
Photo Archive
25 August 09:27 PM Saudi 2P Perfect Presentation inaugurates branch abroad
Riyadh —Mubasher: Perfect Presentation for Commercial Services Company (2P Perfect Presentation) announced the opening of a new corporate branch in the Syrian Arab Republic, according to a bourse filing. The move aligns with the company’s …
Corporate Actions
Photo Archive
25 August 02:59 PM Pan Gulf Marketing swings to net loss in H1-26 as geopolitical tensions hit sales
Riyadh — Mubasher: Pan Gulf Marketing Company shifted to a net loss of SAR 12.31 million in the first half (H1) of 2026, reversing a net profit of SAR 1.53 million in H1-25. The company attributed the downturn to a sharp decrease in sales and the …
Company News
Saudi Riyal Symbol
24 August 09:06 PM Saudi National Building announces banking agreement with UAE lender FAB for subsidiary
Riyadh – Mubasher: National Building and Marketing Company said that its subsidiary, Ajeej Steel Manufacturing Company, has secured a Sharia-compliant banking facility agreement with First Abu Dhabi Bank (FAB), according to a bourse filing. The …
Companies Investments
Photo Archive
23 August 05:20 PM Sport Clubs pens nearly SAR 117m lease contract for asset in Riyadh
Riyadh — Mubasher: Sport Clubs Company has signed a lease agreement on 20 August 2026 with The Endowment (Waqf) of Ahmed Hamdan Salim Al Aradi Al Balawi for an existing commercial building in Riyadh. The contract is valued at SAR 116.63 million …
Companies Investments
Photo Archive
23 August 12:31 PM Saudi Top for Trading registers 33% profit decline in H1-26 on regional geopolitical pressures
Riyadh — Mubasher: Saudi Top for Trading Company announced its interim financial results for the six-month period ended on 30 June 2026, reporting a 33.18% decline in net profit. The earnings fell to SAR 3.55 million in the first half (H1) of 2026 …
Financial Results
Asas Makeen Real Estate Development and Investment Company
20 August 03:52 PM Asas Makeen witnesses 30% profit decline in H1-26; revenue soars to SAR 213m
Riyadh – Mubasher: Asas Makeen Real Estate Development and Investment Company reported a net profit of SAR 40.79 million in the first half (H1) of 2026, representing a 29.65% decline from SAR 57.98 million in H1-25. Earnings per share (EPS) fell …
Financial Results
Saudi Riyal
19 August 03:39 PM Saudi Top for Trading secures SAR 15m funding from Emirates NBD
Riyadh – Mubasher: Saudi Top for Trading Company recently obtained a Sharia-compliant working capital financing facility totaling SAR 15 million. The credit facility was secured on 10 August 2026 from the UAE’s Emirates NBD to support the …
Companies Investments
Arabian Drilling
19 August 12:23 PM Arabian Drilling signs offshore contract for Oman expansion
Riyadh — Mubasher: Arabian Drilling has signed a contract with Masirah Oil Limited and Northern Offshore Limited to expand its regional operations into Oman. The agreement, signed on 17 August 2026, covers the drilling of two confirmed wells and …
Company News
Photo Archive
18 August 01:05 PM BinDawood Holding acquires 51% stake in Wonder Bakery for AED 115m
Riyadh - Mubasher: BinDawood Holding Company announced the completion of all legal and regulatory procedures to acquire a 51% stake in Wonder Bakery LLC. The total value of the transaction reached AED 114.80 million, with the final consideration …
Company News