Saudi Cable Co (2110)

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News

31 August 11:29 AM Saudi Cable to resume financial reorganization after court overturns termination

Riyadh - Mubasher: Saudi Cable Company announced that the Fifth Circuit of the Riyadh Court of Appeals has overturned a prior judgment by the Jeddah Commercial Court, which had terminated the company’s financial reorganization procedure. Following …

Company News

4 August 06:34 PM Saudi Cable’s net profits shrink 60% in H1-26

Riyadh - Mubasher: Saudi Cable Company recorded 59.80% year-on-year (YoY) lower net profits at SAR 26.09 million for the first six months (6M) of 2026, compared to SAR 64.89 million. The company attributed the downturn to a 35% drop in revenue, …

Financial Results

22 July 05:07 PM Saudi Cable obtains SAR 20m loan from SAIB

Riyadh - Mubasher: Saudi Cable Company signed a Sharia-compliant credit facility agreement with Saudi Investment Bank (SAIB) on 21 July 2026 totaling SAR 20 million. The financing is structured as a Murabaha facility for the purchase and sale of …

Companies Investments

20 July 07:12 PM Saudi Cable stock advances 4% in capital goods sector

Riyadh - Mubasher: Saudi Cable Company, a constituent of the Capital Goods sector, is seeing positive price action during the 20 July 2026 trading session. The stock is currently trading at SAR 162.20, representing an intraday increase of 3.97% or …

Stock Evaluations

19 July 04:39 PM MESC records 3.26% gain as Tadawul’s Capital Goods Index edges lower

Riyadh – Mubasher: The Saudi Capital Goods sector (TCGI) of the Saudi Exchange (Tadawul) exhibited a marginal decline during the trading session on 19 July 2026. The sector index closed at 14,704.97 points, representing a move of -0.04%. Market …

Trading Activities

25 January 06:37 PM Saudi Cable reschedules SAR 108m interest-free loan

Riyadh - Mubasher: Saudi Cable Company has rescheduled an interest-free loan of SAR 107.93 million provided by Ibrahim bin Mansour Al Rajhi. The rescheduling aims to ease near-term obligations, as the first repayment was originally due shortly …

Companies Investments

20 August 2025 04:26 PM Saudi Cable submits request to CMA for SAR 400m capital hike

Riyadh - Mubasher: Saudi Cable Company has submitted an application to the Capital Market Authority (CMA), on 28 July 2025, to increase its share capital to SAR 466.73 million from SAR 66.73 million. The rise will be executed through a SAR 400 …

Corporate Actions

9 May 2024 06:32 PM Saudi Cable’s board recommends capital increase via rights issue

Riyadh – Mubasher: The board of Saudi Cable Company suggested, in its 8 May 2024 meeting, a capital hike through a rights issue, according to a bourse disclosure. The company would raise the capital by SAR 400 million upon the approvals of the …

Board of Directors

17 April 2024 11:41 AM Saudi Cable names new CEO, Managing Director

Riyadh – Mubasher: Saudi Cable Company named Fawaz Mubarak Al Muqbel as its new CEO as of 17 April 2024, according to a bourse disclosure. Al Muqbel succeeded Nael Samir Fayez, who was appointed as the company’s CEO in February 2023 and currently …

Board of Directors

14 April 2024 06:34 PM Saudi Cable unveils 2 key appointments

Riyadh – Mubasher: Saudi Cable Company has appointed Sabri Alghamdi as the new Chairman of the company upon the board’s resolution on 7 April 2024, which built on the ordinary general meeting’s (OGM) approval on 3 April. The company also announced …

Corporate Actions

29 November 2023 11:52 AM Saudi Cable unveils SAR 233m tripartite agreement

Riyadh - Mubasher: Saudi Cable Company inked a tripartite agreement to transfer the debt of Al Rajhi Banking and Investment Company and Tathmeer Investment Company, according to a bourse filing. Under the joint deal, Al Rajhi transferred its right …

Companies Investments

1 February 2023 04:40 PM Saudi Cable announces Fayez as new CEO

Riyadh - Mubasher: Saudi Cable Company has named Nael Sameer Mohammad Fayez as its new CEO for one year, according to a bourse filing. Fayez, who was appointed as the company’s Managing Director in July 2022, assumed his new role on 1 February …

Management Decisions

2 January 2023 05:55 PM Saudi Cable’s board mulls over 419.5% capital hike; reduction proposal cancelled

Riyadh – Mubasher: The board of Saudi Cable Company recommended to increase the company’s capital to SAR 346.72 million from SAR 66.72 million by offering priority rights shares. The number of shares will reach 34.67 million shares, compared to …

Board of Directors

19 October 2022 02:50 PM Saudi Cable’s board recommends capital reduction, cut

Riyadh – Mubasher: The board of Saudi Cable Company has proposed, on 19 October, to decrease then increase the capital by 89.50% and 4,000%, respectively. The board aims to shrink the capital by cancelling 5.97 million shares, equivalent to 0.895 …

Board of Directors

15 September 2022 05:46 PM Saudi Cable’s accumulated losses shrink to SAR 60m

Riyadh – Mubasher: The accumulated losses of Saudi Cable Company plunged by 69.40% to SAR 59.81 million as of 31 July 2022, accounting for 89.60% of the recently reduced capital. The lower accumulated losses followed a 74.60% capital cut to SAR …

Corporate Actions

28 July 2022 07:49 PM Saudi Cable names new Managing Director

Riyadh - Mubasher: Saudi Cable Company has appointed Nael Fayez as the new Managing Director, according to a bourse filing on Thursday. Fayez will assume his new role on 1 August 2022 and will remain in position until 13 January 2024. The new …

Management Decisions

2 June 2022 05:50 PM Saudi Cable proposes 75% capital cut, subsequent capital raise

Riyadh – Mubasher: The board of Saudi Cable Company has recommended reducing capital by 74.6% and then increasing it by offering rights shares. By cancelling 19.55 million of the company’s shares, the company will cut its capital to SAR 66.72 …

Board of Directors

21 February 2022 03:26 PM Saudi Cable’s shareholders approve 27% capital decrease; fluctuation limits set

Riyadh - Mubasher: The Saudi Cable Company’s extraordinary general meeting (EGM) approved, on 20 February, the board’s recommendation to cut the capital by 27.26% to SAR 262.31 million from SAR 360.61 million. The number of shares should be …

Management Decisions

2 February 2022 04:22 PM Saudi Cable incurs 63% accumulated losses

Riyadh – Mubasher: Saudi Cable Company’s accumulated losses amounted to SAR 227.2 million, representing 63.01% of the capital, as of 31 January 2022. Saudi Cable has logged accumulated losses due to the decrease in the current period’s volume, the …

Financial Results

3 November 2021 06:24 PM Saudi Cable incurs losses in Q3, nine months

Riyadh – Mubasher: Saudi Cable Company turned to net losses after Zakat and tax worth SAR 46.55 million in the third quarter (Q3) of 2021 against profits of SAR 51.4 million in Q3-20. Sales plummeted by 74.6% year-on-year (YoY) to SAR 23.5 million …

Financial Results

24 August 2021 11:20 AM Saudi Cable submits capital cut, raise request to CMA

Riyadh – Mubasher: Saudi Cable Company has submitted a request to the Saudi Capital Market Authority (CMA) to reduce the capital by SAR 98.3 million. The company also submitted on 23 August its request to later increase the capital by SAR 500 …

Management Decisions

17 August 2021 05:57 PM Saudi Cable’s H1-21 losses shrink 8%; accumulated losses hit SAR 117.5m

Riyadh – Mubasher: Saudi Cable Company registered net losses after Zakat and tax worth SAR 55.06 million in the first half (H1) of 2021, lower by 7.8% than SAR 59.77 million in H1-20. Revenues decreased by 48% to SAR 105.2 million in H1-21 from …

Financial Results

4 July 2021 05:13 PM Saudi Cable’s board proposes capital cut, rights issue

Riyadh - Mubasher: Saudi Cable Company’s board of directors recommended a 27.26% capital reduction to SAR 262.31 million from SAR 360.61 million. The decision is aimed at restructuring the company’s capital and writing off the accumulated losses, …

Board of Directors

27 May 2021 06:23 PM Saudi Cable appoints Chairman, Vice Chairman

Riyadh – Mubasher: Saudi Cable Company has appointed Abdulrahman Al khayal as the Chairman of the board as of 27 May 2021, according to a bourse filing on Thursday. The company has also appointed Noha Sulaimani as the Vice Chairman of the board. …

Management Decisions

23 May 2021 01:20 PM Saudi Cable incurs SAR 36m net loss in Q1

Riyadh – Mubasher: Saudi Cable Company suffered a net loss after Zakat and tax of SAR 35.88 million in the first quarter (Q1) of 2021, down by 16.9% from SAR 43.19 million in the same period in 2020. Loss per share stood at SAR 1 in Q1-21, …

Financial Results