Mubasher TV
Contact Us Advertising   العربية

Sector News

Photo Archive
5 October 11:40 AM BAAN Holding’s board member resigns
Riyadh – Mubasher: BAAN Holding Group’s board of directors accepted the resignation of non-executive board member Salem bin Ali Al Shahrani on 4 October 2026. Al Shahrani also stepped down from his positions on the company’s Nomination and …
Saudi Riyal
1 October 11:00 PM Raydan Food amends capital reduction plan to offset SAR 58.5m in losses
Riyadh — Mubasher: Raydan Food Company announced that its board of directors has amended a previous recommendation to restructure the company’s capital. Under the revised proposal, the company will reduce its capital by 80% from SAR 73.14 million …
Almasar Al Shamil Education Company
1 October 02:57 PM Almasar Education extends MoU for Al Qalam acquisition
Riyadh — Mubasher: Almasar Al Shamil Education Company has reached an agreement to extend a non-binding memorandum of understanding (MoU) regarding the potential acquisition of a 60% equity stake in Al Qalam Educational Trade Company. The …
Photo Archive
30 September 06:50 AM Academy of Learning logs SAR 235.5m revenues end-June 2026
Riyadh — Mubasher: Academy of Learning Company reported a net profit of SAR 40.65 million for the fiscal year (FY) than ended on 30 June 2026, down 1.93% year-on-year (YoY). The company noted that the results are not directly comparable as the …
Photo Archive
30 September 06:33 AM Academy of Learning mulls capital raise via bonus shares
Riyadh — Mubasher: Academy of Learning Company’s board of directors has recommended increasing the capital by 16.67% to support strategic growth and expansion objectives. Under the proposal, the company will raise its capital from SAR 135 million …
Photo Archive
29 September 02:50 PM Horizon Educational to pay SAR 5m cash dividends for H2-25/26
Riyadh — Mubasher: Horizon Educational Company’s board of directors has approved a cash dividend distribution of SAR 5 million for the second half (H2) of the fiscal year (FY) 2025/2026. The payout is equivalent to SAR 2 per share for the 2.50 …
Photo Archive
29 September 01:40 PM Horizon Educational’s annual profits hike to SAR 15m
Riyadh — Mubasher: Horizon Educational Company announced a 52.63% increase in annual net profit to SAR 15.18 million for the fiscal year (FY) that ended on 30 June 2026, compared to SAR 9.94 million in the previous year. The education provider …
Photo Archive
28 September 08:14 AM BAAN Holding names Al Rabiah as Audit Committee member
Riyadh – Mubasher: BAAN Holding Group appointed Ahmed Ibrahim Al Rabiah as an external member of the audit committee. The appointment, effective 27 September, fills a vacancy created by the resignation of Nabil bin Dawood Al Hoshan, which was …
Photo Archive
24 September 11:43 AM 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 …
Photo Archive
23 September 08:43 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 …
Photo Archive
22 September 10:35 AM Taiba Investment opens board nominations process
Riyadh – Mubasher: Taiba Investments Company has opened nominations for its board of directors for a new term. The company is seeking candidates to fill 9 seats for the next board cycle, which is scheduled to run from 1 January 2027 until 31 …
Photo Archive
22 September 10:31 AM Development Works Food shareholders to vote on amending bylaws
Riyadh — Mubasher: Development Works Food Company has invited its shareholders to attend the third extraordinary general meeting (EGM). The meeting is scheduled for 19:00 on 13 October 2026 and will be conducted via modern technology. The primary …
Photo Archive
20 September 11:50 AM Development Works Food postpones EGM due to lack of quorum
Riyadh — Mubasher: Development Works Food Company announced that its second extraordinary general meeting (EGM), scheduled for 16 September 2026, failed to convene due to a lack of legal quorum. The meeting was originally set to take place at …
Photo Archive
20 September 10:56 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 …
Photo Archive
20 September 10:27 AM BAAN Holding begins construction of Playocity project in Jeddah
Riyadh – Mubasher: BAAN Holding Group has commenced construction of its new entertainment project, Playocity, located at the Westfield center in Jeddah. The development is being executed in partnership with the international brand Hasbro and is …
Photo Archive
17 September 05:53 AM Ataa Educational’s board mulls SAR 31.5m cash dividends
Riyadh – Mubasher: The board of Ataa Educational Company recommended the distribution of SAR 31.57 million in cash dividends to shareholders for the second half (H2) of the fiscal year (FY) that ended on 31 July 2026. The proposed payout targets …
Photo Archive
17 September 05:37 AM Ataa Educational recommends 2m-share buyback program
Riyadh – Mubasher: Ataa Educational Company’s board of directors recommended the initiation of legal procedures to buy back 2.10 million of its ordinary shares. The company intends to hold the repurchased shares as treasury stock, as the board …
Photo Archive
16 September 07:33 AM BAAN Holding Group receives termination notice for NEOM deal
Riyadh – Mubasher: BAAN Holding Group received a written notice on 14 September regarding the termination of its catering services contract for the NRC26 project. The contract, signed with Alpha Facilities Contracting, a subsidiary of Al Fanar …
Photo Archive
13 September 06:47 PM Al Mohafaza Education announces board member’s resignation
Riyadh – Mubasher: Al Mohafaza Company for Education’s board of directors approved the resignation of non-executive board member Ibrahim Khalaf Hamlan Al Shammri on 1 September 2026. The resignation was submitted on August 31, 2026, and became …
Photo Archive
13 September 12:56 PM Alamar Foods unveils share transfer transaction
Riyadh - Mubasher: Alamar Foods Company received notification on 10 September 2026 regarding a planned transfer of shares by its major shareholder, Abdulaziz Al Jammaz and Brothers Company. The shareholder, which currently holds a 57.61% stake in …
Photo Archive
9 September 03:01 PM Ataa Educational’s net profits jump 17.5% in annual financial results
Riyadh – Mubasher: Ataa Educational Company posted 17.56% year-on-year (YoY) higher net profits of SAR 97.34 million for the academic year (AY) that ended on 31 July 2026, compared to SAR 82.81 million. The education provider attributed the …
Photo Archive
8 September 03:16 PM Ghida Al Sultan fails to publish H1-26 financial results within set date
Riyadh — Mubasher: Ghida Al Sultan for Fast Food Company announced it was unable to publish its preliminary financial results for the first half (H1) of 2026, within the regulatory deadline. The delay is attributed to the external auditor's …
Photo Archive
8 September 02:08 PM Future Vision pens SAR 100m deal with Taif University
Riyadh – Mubasher: Future Vision for Health Training Company inked a contract on 31 August with the Research and Consultation Center at Taif University to implement professional diploma programs. The agreement, which carries a total target value …
Photo Archive
7 September 07:22 AM Ratio Specialty’s revenues jump around 8% in H1-26
Riyadh – Mubasher: Ratio Specialty Company for Trading reported a net loss of SAR 1.49 million for the six-month period that ended on 30 June, reversing a net profit of SAR 6.56 million recorded during the same period last year. The company …
Tadawul
2 September 10:31 AM Tadawul suspends trading of 4 Nomu companies over financial disclosure delay
Riyadh – Mubasher: The Saudi Exchange (Tadawul) halted trading of four companies listed on the Parallel Market (Nomu) for one session on 2 September, as they failed to publish financial results for the period ended on 30 June 2026. The companies …