Sector News

Saudi Investment Bank (SAIB)

6 October 09:29 PM Edaa completes capital increase for SAIB

Riyadh — Mubasher: The Securities Depository Center Company (Edaa) announced on the implementation of issuer procedures regarding the securities of The Saudi Investment Bank (SAIB), according to a bourse filing. Edaa has applied the increase in …

Banking and Finance

Elm Company

6 October 04:08 PM Elm renews SAR 500m loan deal with Al Rajhi Bank

Riyadh — Mubasher: Elm Company has renewed a Sharia-compliant credit facility agreement with Al Rajhi Bank at a total value of SAR 500 million. The financing was secured on 6 October 2026 to provide the company with flexible liquidity options, …

Photo Archive

6 October 01:40 PM Al Ramz Real Estate enters into loan deal with Bank Albilad

Riyadh – Mubasher: Al Ramz Real Estate Company has signed a Sharia-compliant credit facility agreement with Bank Albilad at a value of SAR 400 million, according to a bourse filing. The financing agreement was finalized on 5 October 2026 and is …

Photo Archive

5 October 02:03 PM Al Rajhi Bank logs negotiated deal worth SAR 47m

Riyadh – Mubasher: Al Rajhi Bank recorded a special deal executed during the 5 October 2026 session on 742,900 shares for a total value of about SAR 46.95 million. The transaction was executed on the Saudi Exchange (Tadawul) at SAR 63.20 per …

Banking and Finance

Saudi Riyal

4 October 07:20 PM National Building unveils SAR 50m loan with Bank Aljazira for Ajeej Steel

Riyadh — Mubasher: National Building and Marketing Company recently announced that its subsidiary Ajeej Steel Manufacturing Company renewed a Sharia-compliant banking facility agreement with Bank Aljazira. The credit facility was extended on 16 …

Photo Archive

4 October 05:05 PM Tadawul adjusts SAIB fluctuation limit after bonus issue

Riyadh – Mubasher: The Saudi Exchange (Tadawul) announced the adjustment of the daily price fluctuation limit for the Saudi Investment Bank’s (SAIB) shares to a reference price of SAR 12.11. The adjustment follows the bank’s extraordinary general …

Banking and Finance

Photo Archive

4 October 04:08 PM SNB Capital to begin market making for 3 listed companies

Riyadh – Mubasher: Saudi Exchange (Tadawul) has granted approval to SNB Capital, the Saudi National Bank (SNB), to commence market-making activities for three stocks listed on the Main Market, effective 5 October 2026. The mandate covers Almarai …

Trading Activities

Photo Archive

4 October 10:41 AM SAIB’s shareholders approve SAR 2.5bn capital increase via bonus issue

Riyadh – Mubasher: The extraordinary general meeting (EGM) of Saudi Investment Bank (SAIB) has approved a board recommendation to increase the bank’s capital by SAR 2.50 billion. The capital hike will be achieved through the issuance of one bonus …

General Assembly

Photo Archive

1 October 11:23 PM Al Rajhi Bank records negotiated deal worth roughly SAR 11m

Riyadh – Mubasher: Al Rajhi Bank saw a negotiated (special) deal on 174,941 shares executed during the 1 October 2026 session on the Saudi market. The transaction’s share price was SAR 63. meanwhile, the total value of the negotiated deal hit …

Banking and Finance

Photo Archive

1 October 11:19 PM SNB witnesses negotiated deal surpassing SAR 842m

Riyadh – Mubasher: The Saudi National Bank (SNB) saw a negotiated (special) deal executed during the 1 October 2026 session on the Saudi market. The transaction comprised 22.69 million shares at SAR 37.10 per share. meanwhile, the total value of …

Banking and Finance

Saudi Riyal

30 September 07:54 PM MESC renews SAR 150m credit facility with Al Rajhi Bank

Riyadh — Mubasher: Middle East Specialized Cables Company (MESC) announced the renewal of Sharia-compliant Islamic banking facilities totaling SAR 150 million with Al Rajhi Bank. The financing agreement was originally signed on 22 July 2026 and …

Banking and Finance

Photo Archive

30 September 06:37 AM Saleh Abdulaziz AlRashed & Sons obtains SAR 200m loan from Al Rajhi Bank

Riyadh – Mubasher: Saleh Abdulaziz AlRashed & Sons Company inked a Sharia-compliant banking facility agreement with Al Rajhi Bank totaling SAR 200 million. The financing, secured on 29 September 2026, is intended to provide the necessary funding …

Photo Archive

29 September 01:45 PM Zahrat Al Waha renews SAR 80m financing deal with SNB

Riyadh – Mubasher: Zahrat Al Waha for Trading Company has renewed its Islamic financing and banking services agreement with the Saudi National Bank (SNB) at SAR 80 million. The agreement aims to support the company’s operational requirements. The …

Banking and Finance

Photo Archive

29 September 12:37 PM SNB records SAR 25m special deal

Riyadh – Mubasher: The Saudi National Bank (SNB) recorded a negotiated deal executed during the 29 September 2026 session on the Saudi Exchange (Tadawul). The transaction was executed over 626,539 shares at SAR 40.32 per share, for a total value …

Banking and Finance

Photo Archive

29 September 10:50 AM Qomel extends over SAR 55.5m credit facility with SNB

Riyadh — Mubasher: Qomel Company has renewed its Sharia-compliant credit facility agreement with the Saudi National Bank (SNB) valued at SAR 55.63 million. The financing agreement, which was finalized on 8 September 2026, is scheduled to remain in …

Banking and Finance

Photo Archive

29 September 08:37 AM SAIB appoints Al Fagham as new CEO

Riyadh — Mubasher: The Saudi Investment Bank (SAIB) has appointed Salman bin Badr Al Fagham as the new CEO. The appointment is scheduled to take effect on 1 October 2026, following the receipt of a no-objection notice from the Saudi Central Bank …

Banking and Finance

Photo Archive

28 September 08:20 AM SAIB announces board member’s death

Riyadh — Mubasher: The Saudi Investment Bank (SAIB) announced the death of board member Mohammed bin Salem Mussa, who passed away on 26 September. Mussa served as a non-executive member of the board of directors. In addition to his board duties, …

Photo Archive

27 September 01:18 PM Al Rajhi Bank records SAR 19m negotiated deal

Riyadh - Mubasher: Al Rajhi Bank saw a negotiated deal executed during the 27 September session on the Saudi Exchange (Tadawul) at a total value of SAR 19.05 million. The transaction was implemented over 300,000 shares at SAR 63.5 per share. …

Banking and Finance

Photo Archive

27 September 08:56 AM Hamad Bin Saedan Real Estate obtains SAR 47m loan from Alinma Bank

Riyadh — Mubasher: Hamad Mohammed Bin Saedan Real Estate Company has completed a Sharia-compliant credit facility agreement with Alinma Bank totaling SAR 46.72 million. The financing, which was finalized on 6 September 2026, carries a maturity …

Companies Investments

Photo Archive

27 September 08:44 AM SAIB to launch e-voting for capital raise

Riyadh — Mubasher: The Saudi Investment Bank (SAIB) announced the start of electronic voting for its upcoming Extraordinary General Meeting (EGM), which includes a proposal to increase the bank’s capital. Shareholders are invited to participate in …

Banking and Finance

Moody’s

23 September 08:04 AM Moody’s affirms ANB’s ‘A1’ deposit rating; outlook stable

Riyadh – Mubasher: Moody's Ratings has affirmed the long-term deposit ratings of Arab National Bank (ANB) at ‘A1’ and its short-term deposit ratings at ‘P-1’, with a stable outlook. The rating agency also asserted the lender’s Baseline Credit …

Banking and Finance

Photo Archive

22 September 10:39 AM SHL Finance renews SAR 200m Islamic credit facility with SAIB

Riyadh – Mubasher: SHL Finance Company has renewed its Sharia-compliant credit facility agreement valued at SAR 200 million with the Saudi Investment Bank (SAIB). The financing, secured on 21 September 2026, carries a duration of five years. The …

Banking and Finance

Photo Archive

22 September 10:17 AM 2P Perfect Presentation extends SAR 376m facility deal with Banque Saudi Fransi

Riyadh — Mubasher: Perfect Presentation for Commercial Services Company (2P Perfect Presentation) has renewed and increased its Sharia-compliant banking facility agreement with Banque Saudi Fransi. The financing package is valued at SAR 376.19 …

Companies Investments

Photo Archive

21 September 08:28 AM Avalon Pharma extends SAR 104m facility agreement with Banque Saudi Fransi

Riyadh – Mubasher: Middle East Pharmaceutical Industries Company (Avalon Pharma) extended a Sharia-compliant banking facility agreement with Banque Saudi Fransi totaling SAR 104 million. The credit line is specifically designated to fund the …

Banking and Finance

Photo Archive

20 September 11:34 AM Alandalus Property obtains SAR 35m Islamic financing facility from SNB

Riyadh – Mubasher: Alandalus Property Company has secured a short-term Islamic financing facility totaling SAR 35 million from the Saudi National Bank (SNB). The Tawarruq-based credit facility was formally obtained on 16 September 2026. The …

Banking and Finance