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20 October 03:18 PM

Companies Investments

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2 hours ago Cherry Trading secures SAR 25m vehicle leasing contract
Riyadh — Mubasher: Cherry Trading Company has received a purchase order and signed a contract with the Ministry of Municipalities and Housing for vehicle leasing services valued at SAR 24.75 million.The agreement, finalized on 19 October, …
Company News
Photo Archive
2 hours ago SENAAT’s unit inks SAR 308m contract with Qiddiya Tennis Center
Riyadh – Mubasher: Zamil Structural Steel Company, a unit of Advanced Building Industries Company (SENAAT), signed a contract valued at SAR 308.17 million excluding value-added tax.The agreement was reached with the Qiddiya Tennis Center …
Company News
Saudi Riyal
19 October 10:45 PM Alqemam unveils nearly SAR 8m project award
Riyadh — Mubasher: Alqemam for Computer Systems Company recently announced the award of a project with the Al Jouf Municipality, according to a bourse filing.The contract is valued at SAR 7.70 million, including value-added tax, and was …
Company News
Saudi Telecom Company (stc Group)
19 October 05:26 PM stc outlines plans to deploy AI across network infrastructure, operations
Riyadh – Mubasher: Saudi Telecom Company (stc Group) has released its AI Native Core Network White Paper at Network X 2026, highlighting its plans to transition towards an AI-native telecom network by 2030.The paper details the group's …
Companies Investments
Photo Archive
19 October 04:48 PM First Avenue swaps fund equities in SAR 131m deal
Riyadh — Mubasher: First Avenue for Real Estate Development Company recently penned an agreement with Awj Real Estate Development and Investment Company to exit its entire 38.60% stake in La Perle Real Estate Fund, according to a bourse …
Management Decisions
Photo Archive
19 October 04:34 PM Qassim Cement concludes acquisition of A-Mix Company
Riyadh – Mubasher: Qassim Cement Company has completed its acquisition of a 100% stake in A-Mix Company, resulting in the full transfer of ownership to the company.The finalization of the deal follows the signing of the share purchase …
Mergers and Acquisitions
Rimath Hospitality Company
19 October 03:24 PM Rimath reschedules acquisition agreement for trading firm Thannah
Riyadh — Mubasher: Rimath Hospitality Company has extended its definitive acquisition agreement for the total shares of Thannah Trading, according to a bourse filing.The company confirmed that the validity of the agreement has been extended …
Companies Investments
Saudi Riyal
19 October 03:06 PM Keir International extends around SAR 126 loan with Banque Saudi Fransi
Riyadh — Mubasher: Keir International Company has recently renewed of a Sharia-compliant credit facility agreement totaling SAR 125.90 million with Banque Saudi Fransi, according to a bourse disclosure.The load deal was finalized and signed …
Banking and Finance
MSGA Investment Company
19 October 02:49 PM MSGA Investment enters into roughly SAR 13.5m sale agreement
Riyadh – Mubasher: MSGA Investment announced the signing of a contract to sell residential units within its MSGA 30 Project to Development Housing Foundation (SAKAN), according to a bourse filing.The agreement is valued at SAR 13.47 million, …
Companies Investments
Photo Archive
19 October 10:35 AM Alandalus Property’s unit acquires Riyadh land for SAR 84m
Riyadh – Mubasher: Alandalus Logistics Facilities Company, a subsidiary of Alandalus Property Company, has acquired a plot of land in Riyadh's Al Mashaal district for SAR 83.80 million.The transaction, signed on 18 October 2026, includes …
Companies Investments
Photo Archive
19 October 09:23 AM Naaf Feed for Industry obtains SAR 10m financing from Al Rajhi Bank
Riyadh – Mubasher: Naf Company for Feed for Industry has secured Sharia-compliant credit facilities totaling SAR 10 million from Al Rajhi Bank.The financing agreement, which was finalized on 15 October 2026, is intended to support the …
Company News
Photo Archive
19 October 09:22 AM Wajd Life to launch general medical complex operations
Riyadh — Mubasher: The board of Wajd Life Trading Company approved the activation of its general medical complex activity on 15 October 2026.The decision aligns with the company’s articles of association and commercial registration, …
Company News
Photo Archive
19 October 07:59 AM Ghida Alsultan to vote on SAR 24m acquisition, related-party contracts
Riyadh — Mubasher: Ghida Alsultan for Fast Food Company invited its shareholders to attend the ordinary general meeting (OGM) scheduled for 12 November 2026.The meeting, to be held virtually via the Tadawulaty platform at 18:30, will focus …
Companies Investments
Saudi Riyal
18 October 09:04 PM Anmat Technology signs SAR 40m credit line with ANB
Riyadh – Mubasher: Anmat Technology for Trading Company recently penned a Sharia-compliant credit facility agreement with Arab National Bank (ANB) at a total amount of SAR 40 million, according to a bourse filing.The financing agreement …
Companies Investments
Capital Market Authority (CMA)
18 October 08:50 PM Khwarizmi Capital receives CMA approval for advisory services
Riyadh — Mubasher: The Capital Market Authority (CMA) announced that Khwarizmi Capital Company has fulfilled all regulatory requirements to commence its licensed activity of providing advisory services in securities business.The …
Market News
Photo Archive
18 October 08:43 PM Edaa concludes corporate action on Axelerated Solutions for capital hike
Riyadh — Mubasher: The Securities Depository Center Company (Edaa) announced the implementation of corporate action measures regarding the securities of Axelerated Solutions for Information and Communication Technology Company, according to …
Corporate Actions
Saudi Riyal Symbol
18 October 08:13 PM Academy of Learning obtains regulatory approval for capital increase
Riyadh — Mubasher: The Capital Market Authority (CMA) has approved a request from Academy of Learning Company to increase its capital from SAR 135 million to SAR 157.50 million.The capital hike will be executed through the issuance of bonus …
Company News
Saudi Riyal
18 October 03:02 PM Saudi Printing divests UAE production lines; proceeds to fund operations
Riyadh — Mubasher: Saudi Printing and Packaging Company announced the sale of production lines for polypropylene cups and plastic packaging at its UAE-based subsidiary, Commercial United Packaging Company (CUPCO).The assets were sold to Al …
Management Decisions
Photo Archive
18 October 12:16 PM Scientific & Medical Equipment House signs roughly SAR 128m deal with Saudi ministry
Riyadh — Mubasher: Scientific & Medical Equipment House Company entered into a catering services contract with the General Directorate of Health Services which operates under Saudi Arabia’s Ministry of Defense, according to a bourse …
Companies Investments
Armah Sports Company
18 October 11:55 AM Armah Sports unveils lease deal for new facility in Riyadh
Riyadh — Mubasher: Armah Sports Company has signed a land lease agreement with Fawaz Abdulmohsen Saad bin Saeed to establish and operate a new sports club in Riyadh, according to a bourse filing.The project is located in the As Sulimaniyah …
Company News
Photo Archive
18 October 11:13 AM Shams enters into SAR 31m hotel lease agreement in Riyadh
Riyadh — Mubasher: Tourism Enterprise Company (Shams) announced the signing of a lease investment contract with Nokhbat Al Malqa Hotel Company for a 17-story hotel located in the Al Sahafa district of Riyadh.The total value of the 10-year …
Company News
15 October 10:50 PM We believe trust is the foundation of digital commerce – Visa Country Manager ElKaffass
Manama – Mubasher: Ahmed ElKaffass, Country Manager for Bahrain at Visa, spoke to Mubasher.info about different topics, ranging from consumer payment behavior to fraud reduction.On the sidelines of Fintech Forward 2026 in Bahrain, at which …
Event
Photo Archive
15 October 10:17 PM Gulf Union Al Ahlia enters into insurance services contract with Al Rushaid Group
Riyadh — Mubasher: Gulf Union Al Ahlia Cooperative Insurance Company has signed a contract with Al Rushaid Group to provide health insurance services for the latter’s employees and their family members.The agreement was officially …
Company News
Taiba Investments Company
15 October 09:58 PM Taiba Investments announces liquidation of Nuzul Shada Hotel
Riyadh — Mubasher: Taiba Investments Company announced the commencement of voluntary liquidation procedures for Nuzul Shada Hotel Company in which Dur Hospitality holds 60% equity, according to a bourse filing.Nuzul Shada Hotel has a share …
Management Decisions
Photo Archive
15 October 07:50 PM Scientific & Medical Equipment House wins SAR 16.5m contract by Aseer Health Cluster
Riyadh — Mubasher: Scientific & Medical Equipment House Company has been awarded a contract valued at SAR 16.55 million by Aseer Health Cluster on 14 October 2026.Under the terms of the agreement, the company will provide maintenance and …
Companies Investments