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27 April 02:32 PM Saudi Tadawul Group’s profits fall 40% in Q1-25
Riyadh – Mubasher: Saudi Tadawul Group Holding Company recorded 40.19% lower net profits at SAR 120.50 million in the first quarter (Q1) of 2025. The generated net profits were compared with SAR 201.50 million in the three-month period that ended …
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2 April 08:09 PM SHL Finance renews SAR 1.91bn Sharia-compliant deal with ANB
Riyadh – Mubasher: SHL Finance Company has renewed its SAR 1.91 billion Sharia-compliant credit facilities agreement with Arab National Bank (ANB) for five years, according to a bourse disclosure. The funding, which was obtained on 23 March 2025, …
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27 March 09:38 PM Morabaha Marina Financing’s profits down 26.5% in 2024
Riyadh – Mubasher: Morabaha Marina Financing Company registered SAR 22.74 million in net profit at the end of December 2024, down 26.57% year-on-year (YoY) from SAR 30.96 million. The revenues climbed by 13.83% to SAR 192.85 million in 2024 from …
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26 March 04:50 PM CMA approves Bank Aljazira, Yaqeen Capital’s capital raise
Riyadh – Mubasher: The  Capital Market Authority (CMA) approved the capital hike requests of Bank Aljazira and Yaqeen Capital Company on 25 March 2025, according to bourse statements. Bank Aljazira will raise its capital to SAR 12.81 billion from …
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25 March 06:10 PM SAIC obtains SAR 100m loan from Alinma Bank
Riyadh – Mubasher: Saudi Advanced Industries Company (SAIC) penned, on 24 March, a Sharia-compliant credit facility agreement with Alinma Bank at a value of SAR 100 million. The company will use the loan to expand its investments, according to a …
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17 March 10:22 AM Kingdom Holding’s profits jump 22% in 2024; dividends proposed
Riyadh – Mubasher: Kingdom Holding Company registered SAR 1.23 billion in net profit during 2024, higher by 22.08% year-on-year (YoY) than SAR 1.01 billion. Meanwhile, the revenues shrank by 11.57% to SAR 2.39 billion at the end of December 2024 …
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12 March 05:12 PM SHL Finance witnesses over 1,000% jump in 2024 net profit
Riyadh – Mubasher: SHL Finance Company posted a surge of 1,040.50% in net profit after Zakat and income tax to SAR 26.52 million during 2024 compared to SAR 2.32 million in 2023. The earnings per share (EPS) went up to SAR 0.27 in 2024 from SAR …
Saudi Tadawul Group Holding Company
2 March 04:21 PM Saudi Tadawul Group sees nearly SAR 622m net profit in 2024; dividends recommended
Riyadh – Mubasher: The net profit of Saudi Tadawul Group Holding Company grew by 59.40% year-on-year (YoY) to SAR 621.80 million ($165.80 million) in 2024, compared with SAR 390.10 million in 2023. The revenues hit SAR 1.44 billion ($385.70 …
Saudi Tadawul Group
19 February 03:51 PM Saudi Tadawul Group unveils capital management system during CMF2025
Riyadh – Mubasher: Saudi Tadawul Group Holding Company has launched its new Capital Management System (CMS) on the sidelines of the Capital Markets Forum (CMF) 2025, which will conclude on 19 February. The CMS marks a transformative shift in …
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18 February 07:34 PM Edaa launches Edaa Connect at CMF2025 to streamline access to mutual funds
Riyadh – Mubasher: Edaa, the Securities Depository Center of the Saudi Tadawul Group launched Edaa Connect, a first-of-its-kind platform designed to transform investor access to mutual funds in the Saudi capital market. The launch was announced on …
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18 February 07:10 PM Saudi Tadawul Group inks MoU with Financial Academy during CMF2025
Riyadh – Mubasher: Saudi Tadawul Group signed a memorandum of understanding (MoU) with the Financial Academy on the sidelines of the fifth edition of the Capital Markets Forum (CMF), which is being held in Riyadh until 20 February. The agreement …
Capital Markets Forum Riyadh 2025
6 February 03:26 PM Riyadh to host 5th Capital Markets Forum under Powering Connections theme
Riyadh – Mubasher: Saudi Tadawul Group has announced its flagship event Capital Markets Forum (CMF) which will take place for three days in Riyadh under the theme ‘Powering Connections’, according to a press release. The event will be held under …
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6 February 06:59 AM SHL Finance obtains SAR 200m facility from Emirates NBD
Riyadh – Mubasher: SHL Finance Company signed a Sharia-compliant banking facility agreement with Emirates NBD valued at SAR 200 million. The company secured the loan on 5 February to expand and increase its sales volume in line with its growth …
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3 February 02:18 PM Saudi Tadawul Group’s unit WAMID takes over DirectFN Limited
Riyadh – Mubasher: Tadawul Advanced Solutions Company (WAMID), a subsidiary of Saudi Tadawul Group Holding Company, fully acquired Direct Financial Network Company (DirectFN Limited) on 2 February 2025 WAMID completed the acquisition of a 49% …
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2 February 01:52 PM Al Baha Investment’s 2024 net profit jumps 69.5% YoY
Riyadh – Mubasher: Al Baha Investment and Development Company generated a net profit worth SAR 8.37 million in 2024, marking a 69.48% increase from SAR 4.94 million in 2023. The revenue grew by 12.68% year-on-year (YoY) to SAR 18.09 million during …
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19 January 04:36 PM United International Holding unveils SAR 222m net profit in 2024 estimated results
Riyadh – Mubasher: United International Holding Company (UIHC) reported a 4.81% year-on-year (YoY) increase in net profit to SAR 222.38 million in the 12-month period that ended on 31 December 2024, compared to SAR 212.17 million. The company’s …
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18 December 2024 05:29 PM Yaqeen Capital mulls 70% capital hike
Riyadh – Mubasher: The board of Yaqeen Capital Company recommended increasing the capital, on 17 December 2024, to SAR 255 million from SAR 150 million, according to a bourse filing. The 70% capital raise will be implemented through the allocation …
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5 December 2024 08:18 PM EFG Hermes concludes advisory on SAR 990m IPO for extra’s subsidiary
Cairo – Mubasher: EFG Hermes, a subsidiary of EFG Holding, advised United Electronics Company (eXtra), on the SAR 990 million initial public offering (IPO) of its subsidiary on the Saudi Exchange’s Main Market (Tadawul). United International …
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2 December 2024 10:57 AM United International Holding to commence trading on Tadawul this week
Riyadh – Mubasher: United International Holding Company (UIHC) is set to begin the listing and trading of its shares on the Main Market of the Saudi Exchange (Tadawul) on Tuesday, 3 December. United International Holding will float 7.50 million …
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11 November 2024 09:35 AM SHL Finance’s profits jump in 9M-24; total assets cross SAR 4.5bn
Riyadh – Mubasher: SHL Finance Company achieved a 60.72% leap in net profit to SAR 15.76 million during the first nine months (9M) of 2024, compared with SAR 9.81 million in 9M-23. Earnings per share (EPS) amounted to SAR 0.16 in 9M-24, up …
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7 November 2024 10:25 AM Kingdom Holding posts SAR 1.1bn net profits in 9M-24
Riyadh – Mubasher: The net profits of Kingdom Holding Company reached SAR 1.16 billion in the first nine months (9M) of 2024, marking a 36.35% year-on-year (YoY) surge from SAR 856.17 million. The Saudi group posted revenues valued at SAR 1.82 …
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31 October 2024 02:35 PM Morabaha Marina Financing’s revenues up 9.5% in 9M-24
Riyadh – Mubasher: Morabaha Marina Financing Company logged net profits amounting to SAR 14.65 million in the first nine months (9M) of 2024, marking a 59.78% plunge from SAR 36.44 million in 9M-23. Revenues stood at SAR 137.33 million in 9M-24, …
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31 October 2024 10:23 AM Amlak International’s profits leap 18.5% in 9M-24
Riyadh – Mubasher: The net profits of Amlak International Finance Company increased by 18.50% to SAR 27.16 million in the first nine months (9M) of 2024, compared to SAR 22.92 million in 9M-23. The earnings per share (EPS) amounted to SAR 0.27 in …
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30 October 2024 11:16 AM Nayifat logs SAR 94.5m net profits in 9M-24 initial results
Riyadh – Mubasher: The net profits of Nayifat Finance Company jumped by 29.61% year-on-year (YoY) to SAR 94.41 million in the first nine months (9M) of 2024 from SAR 72.84 million. Revenues amounted to SAR 271.98 million in 9M-24, down 9.97% YoY …
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20 October 2024 09:01 PM Saudi Tadawul Group reports nearly SAR 506m net profits in 9M-24; CEO seconds performance
Riyadh – Mubasher: Saudi Tadawul Group Holding Company recorded net profits after Zakat worth SAR 505.70 million ($134.90 million) in the first nine months (9M) of 2024, signalling a 69.52% year-on-year (YoY) growth from SAR 298.30 million. The …