Riyadh Steel Co. (9588)

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News

4 October 06:39 PM Riyadh Steel announces resignation of Alnafie

Riyadh — Mubasher: Riyadh Steel Company recently announced that its board of directors approved the resignation of independent board member Abdulkarim Ibrahim Alnafie. According to a bourse filing, the resignation was submitted and became …

Board of Directors

4 October 08:00 AM Riyadh Steel opens nominations for 7 board seats

Riyadh — Mubasher: Riyadh Steel Company announced the opening of nominations for membership on its board of directors for a new four-year term. The company is seeking to fill seven seats for the upcoming session, which is scheduled to run from 18 …

Board of Directors

30 September 05:54 AM Riyadh Steel to pay SAR 3.5m cash dividends for H1-26

Riyadh — Mubasher: Riyadh Steel Company’s board of directors has approved a cash dividend distribution of SAR 3.50 million for the first half (H1) of 2026. The payout is equivalent to 5% of the share nominal value. The company confirmed that the …

Cash Dividends

20 August 0008 02:38 PM Riyadh Steel generates 146% profit growth in H1-26 despite revenue decline

Riyadh — Mubasher: Riyadh Steel Company announced a 145.76% surge in net profit to SAR 6.03 million during the first half (H1) of 2026 compared to SAR 2.45 million in H1-25, according to a bourse disclosure. The company attributed the bottom-line …

Financial Results

7 June 02:26 PM Riyadh Steel announces e-voting kickoff for EGM agenda items

Riyadh - Mubasher: Riyadh Steel Company reminded shareholders that electronic voting on the agenda items of its extraordinary general meeting (EGM) is now open ahead of the meeting that is scheduled for 8 June 2026.  The company said shareholders …

Corporate Actions

12 April 11:55 AM Riyadh Steel to pay SAR 3.5m cash dividends for 2025

Riyadh – Mubasher: Riyadh Steel Company announced cash dividends amounting to SAR 3.50 million, representing 5% of the capital, for 2025. The group plans to SAR 0.05 per share for 70 million eligible shares, according to a bourse filing. …

Companies Investments

4 December 2024 11:36 AM Riyadh Steel’s CEO resigns; Acting CEO unveiled

Riyadh – Mubasher: Riyadh Steel Company has approved the resignation of Ahmed bin Abdulkarim Al Nafea from his position as its CEO, which will be effective on 31 December 2024. The board members decided, on 3 December, to appoint Abdullah Radhwan …

Management Decisions

27 December 2023 00:19 PM Riyadh Steel mulls 40% capital raise

Riyadh – Mubasher: The board members of Riyadh Steel Company recommended a 40% capital hike by granting bonus shares on 25 December 2023, according to a bourse filing. The new capital will stand at SAR 70 million distributed over 7 million shares, …

Management Decisions