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25 September 08:54 PM IHR renews SAR 30m facility with Al Rajhi Bank
Riyadh - Mubasher: International Human Resources Company (IHR) has renewed and amended its Sharia-compliant credit facility totaling SAR 30 million with Al Rajhi Bank for one year. The company will use SAR 27.50 million to boost its working …
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25 September 08:22 PM Tam Development inks SAR 38m contract with Saudi gov’t
Riyadh - Mubasher: Tam Development Company signed a SAR 37.99 million contract with a government entity, on 22 September, to provide digital and operational solutions. The 24-month deal is expected to impact the company’s financial results …
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25 March 10:25 AM CATRION’s net profits near SAR 353m in 2024; dividends for H2 unveiled
Riyadh – Mubasher: CATRION Catering Holding Company logged net profits amounting to SAR 352.77 million in 2024, an annual leap of 24.80% from SAR 282.65 million. The group’s revenues jumped by 7.76% year-on-year (YoY) to SAR 2.29 billion at the …
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20 March 03:23 PM Saudi Printing incurs 66% higher losses in 2024
Riyadh – Mubasher: Saudi Printing and Packaging Company reported 65.84% year-on-year (YoY) higher net losses at SAR 219.41 million at the end of December 2024, compared to SAR 132.30 million. Revenues dropped by 7.44% to SAR 721.20 million last …
ITMAM Consultancy
3 March 06:07 PM ITMAM Consultancy’s net profit rises 16% in 2024, revenues fall
Riyadh - Mubasher: ITMAM Consulting Company (ITMAM Consultancy) reported SAR 20.30 million worth of net profit in 2024, marking a 16.11% increase from SAR 17.48 million in 2023. Meanwhile, the revenues declined by 12.81% to SAR 68.69 million as of …
Clean Life Company
6 February 10:38 PM Clean Life’s 2024 net profit nears SAR 11.5m; board proposes 30% dividend for H2
Riyadh – Mubasher: Clean Life Company reported a 24.63% year-on-year (YoY) increase in net profit to SAR 11.47 million in 2024 compared to SAR 9.20 million. The revenue rose by 23.86% YoY to SAR 61.07 million from SAR 49.30 million, according to …
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4 February 02:34 PM Multi Business Group records 19% higher net profit in 2024
Riyadh – Mubasher: Multi Business Group Company reported a net profit of SAR 20.55 million in 2024, signalling a 19.06% year-on-year (YoY) increase from SAR 17.26 million. The revenue grew by 8.19% to SAR 135.04 million in January-December 2024 …
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20 January 05:28 PM Digital Research secures SAR 10m facility deal with Alinma Bank
Riyadh – Mubasher: Digital Research Company (DRC)obtained a SAR 10 million loan from Alinma Bank on 20 January 2025, according to a bourse disclosure. The credit facility, which holds a tenor of 12 months, will be used for project financing and …
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9 January 11:41 PM CATRION, Riyadh Air sign SAR 2.3bn deal
Riyadh – Mubasher: CATRION Catering Holding Company inked a strategic contract with Aviation Services Company (Riyadh Air) at an estimated value of SAR 2.30 billion., according to a bourse disclosure. The two parties signed the agreement, on 8 …
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5 January 10:09 PM TASI expected to trade between 11,300 to 13,300pts in 2025 – Report
Riyadh – Mubasher: SNB Capital, a regional financial institution, recently projected in a report that the benchmark All Share Index (TASI) of the Saudi Exchange (Tadawul) would trade between 11,300 to 13,300 points (pts) in 2025, reflecting a …
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29 December 2024 07:46 PM Saudi Printing submits capital hike to CMA for debt owed to Alinma Bank
Riyadh – Mubasher: Saudi Printing and Packaging Company has submitted an application file to the Capital Market Authority (CMA) for approval to increase its capital through the conversion of outstanding debts owed to Alinma Bank, according to a …
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29 December 2024 05:51 PM Altharwah Albashariyyah unveils 2 agreements to boost education, training sectors
Riyadh – Mubasher: Altharwah Albashariyyah Company has entered into a memorandum of understanding (MoU) with Dar Al Uloom University to enhance collaboration in the fields of training and talent development, according to a bourse filling. The MoU …
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22 December 2024 07:02 PM Multi Business Group to refurbish Naif Arab University’s AI centre
Riyadh – Mubasher: Multi Business Group Company has signed a contract with Naif Arab University for Security Sciences to renovate its AI centre building. The contract was signed on 19 December 2024 at a value exceeding 10% of the company’s total …
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6 November 2024 08:50 PM CATRION announces 19% growth in 9M-24, Q3 net profit
Riyadh – Mubasher: CATRION Catering Holding Company witnessed a 19.14% surge in net profit to SAR 254.03 million during the first nine months (9M) of 2024 from SAR 213.20 million in 9M-23. The company generated 7.58% higher revenue in the …
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31 October 2024 03:06 PM Saudi Printing reports SAR 131.5m net losses in 9M-24
Riyadh – Mubasher: Saudi Printing and Packaging Company incurred net losses worth SAR 131.40 million in the first nine months (9M) of 2024, an annual leap of 129.11% from SAR 57.35 million. The revenues stood at SAR 541.69 million in …
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18 September 2024 09:17 AM CATRION secures SAR 221m financing from SAB
Riyadh – Mubasher: CATRION Catering Holding Company penned a Sharia-compliant credit facility agreement with Saudi Awwal Bank (SAB) at an amount of SAR 221 million The company obtained the funding through its subsidiary CATRION Catering Services …
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26 August 2024 08:40 AM Altharwah Albashariyyah to start Nomu trading this week
Riyadh – Mubasher: Altharwah Albashariyyah Company is set to begin the listing and trading of its shares on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul) on Tuesday, 27 August 2024. The Saudi firm will float its shares under the …
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25 August 2024 01:49 PM SMASCO to pay SAR 48m cash dividends for H1-24
Riyadh – Mubasher: Saudi Manpower Solutions Company (SMASCO) announced cash dividends valued at SAR 48 million for the first half (H1) of 2024, according to a bourse disclosure. SMASCO will distribute cash dividends to shareholders at a rate of …
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5 August 2024 02:40 PM CATRION posts 19.5% higher profits; dividends unveiled for H1-24
Riyadh – Mubasher: CATRION Catering Holding Company registered a 19.48% year-on-year (YoY) surge in net profit to SAR 144.41 million during the first half (H1) of 2024, compared to SAR 120.85 million. The company posted revenues amounting to SAR …
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30 July 2024 04:29 PM Saudi Printing’s loss climbs 164% YoY in H1-24; accumulated loss reaches SAR 195m
Riyadh – Mubasher: Saudi Printing and Packaging Company’s net loss surged by 164.50% year-on-year (YoY) to SAR 93.74 million during the first half (H1) of 2024 from SAR 35.44 million. The company’s revenue decreased by 10.29% YoY to SAR 361.35 …
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7 July 2024 03:18 PM CATRION Catering inks MoU with North Ireland’s Mallaghan Engineering for 85 high loader
Riyadh – Mubasher: CATRION Catering Holding Company has signed a memorandum of understanding (MoU) with North Ireland-based Mallaghan Engineering company to buy 85 high loader for inflight catering services. The deal is effective between 2024 and …
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26 June 2024 10:42 AM Leaf Global to commence trading on Nomu end-week
Riyadh – Mubasher: Leaf Global Environmental Services Company is set to trade its shares on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul) on Thursday, 27 June. Leaf Global will list 1.50 million shares under the symbol 9597, according …
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3 June 2024 03:44 PM Pan Gulf secures SAR 70m financing agreement
Riyadh - Mubasher: Pan Gulf Marketing Company obtained a SAR 70 million loan from Saudi Awwal Bank (SAB) on 29 May 2024, according to a bourse disclosure. The facility deal, which is valid for one year, is secured by a promissory note and a …
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23 May 2024 00:25 PM Maharah Human Resources unveils 2 key appointments
Riyadh – Mubasher: Maharah Human Resources Company has appointed Abdullah Sulaiman Al Amro as the board’s Chairman. Ahmed Saleh Al Humaidan was announced as the Vice Chairman, according to a bourse disclosure. The board members elected the two …
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15 May 2024 03:17 PM Maharah Human Resources records 55% profit hike in Q1-24
Riyadh – Mubasher: The net profit of Maharah Human Resources Company leapt by 55.03% year-on-year (YoY) to SAR 50.03 million in the first quarter (Q1) of 2024 from SAR 32.27 million. Revenues grew 12.22% YoY to SAR 518.52 million in Q1-24 from SAR …