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04 April 07:53 AM

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29 September 2025 10:43 AM SITCO Pharma plans to invest SAR 75m in new Jeddah warehouse
Riyadh - Mubasher: Saudi International Trading Company (SITCO Pharma), a unit of Saudi Chemical Company, will invest SAR 75 million to establish a new warehouse in Jeddah. It will be financed through Shariah-compliant loans from local banks, …
Companies Investments
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28 April 2025 03:00 AM Al Modawat’s board eyes 200% capital hike
Riyadh – Mubasher: The board members of Al Modawat Specialized Medical Company recommended increasing the capital to SAR 71.25 million from SAR 23.75 million.The company will grant two bonus shares for each owned share, according to a bourse filing.F
Board of Directors
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21 April 2025 01:52 PM Saudi Chemical’s board mulls SAR 42m dividends for 2024
Riyadh – Mubasher: The board of Saudi Chemical Company proposed cash dividends of SAR 42.16 million for 2024, according to a bourse disclosure. The company will disburse a dividend of SAR 0.05 per share, equivalent to 5% of the share capital, for …
Cash Dividends
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9 April 2025 00:35 PM Scientific & Medical Equipment obtains SAR 265m loan from Alinma Bank
Riyadh – Mubasher: Scientific & Medical Equipment House Company secured a Shariah-aligned credit facility agreement valued at SAR 265 million with Alinma Bank on 8 April 2025. The company will use the loan to finance current and future projects, …
Companies Investments
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25 March 2025 01:37 PM Saudi German Hospital rolls out SAR 122m sale deal
Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) sold a plot of land in the Al-Sahafa district of Riyadh, on 23 March 2025, for SAR 122 million. Spanning 4,000 square metres, the asset book value of the land stood at SAR …
Companies Investments
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10 March 2025 10:22 AM Ayyan Investment reports 24% lower losses in 2024; accumulated losses unveiled
Riyadh – Mubasher: Ayyan Investment Company suffered 23.88% year-on-year (YoY) lower net losses at SAR 164.46 million in 2024, compared to SAR 216.06 million. Revenues amounted to SAR 15.43 million last year, down 23.14% from SAR 20.08 million in …
Financial Results
Fakeeh Care Group
5 March 2025 06:50 PM Fakeeh Care records SAR 2.8bn revenue; board proposes 1st post-IPO dividends
Riyadh – Mubasher: Dr Soliman Abdel Kader Fakeeh Hospital Company and its Subsidiaries (Fakeeh Care Group) reported revenues of SAR 2.80 billion in 2024, up by a solid 20% year-on-year (YoY), according to a press release. The net profit reached …
Board of Directors
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5 March 2025 06:00 PM Mouwasat logs SAR 646m net profit, 6% higher revenue in 2024
Riyadh – Mubasher: Mouwasat Medical Services Company registered net profits amounting to SAR 645.76 million in 2024, which marked a 1.81% decrease from SAR 657.69 million in 2023. The earnings per share (EPS) declined to SAR 3.23 in 2024 compared …
Financial Results
Photo Archive
5 March 2025 02:47 PM Dallah Healthcare records SAR 471m net profit in 2024 on back of 9% higher revenue
Riyadh – Mubasher: Dallah Healthcare Company posted a 30.84% increase in 2024 net profit to SAR 471.20 million, compared with SAR 360.12 million in 2023, according to the financial results. The positive result is attributed to an 8.93% growth in …
Financial Results
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4 March 2025 02:50 PM Saudi Chemical witnesses 59% growth in 2024 net profit following annual leap in 9M
Riyadh – Mubasher: Saudi Chemical Company achieved a 59.21% annual increase in net profit to SAR 291.20 million in 2024, compared with SAR 182.90 million. The earnings per share (EPS) rose to SAR 0.35 as of 31 December 2024 when compared to SAR …
Financial Results
Photo Archive
3 March 2025 04:33 PM Saudi German Hospital’s profits leap 1,554% in 2024
Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) achieved 1,554% higher net profits at SAR 282 million in 2024, compared to SAR 17.04  million in 2023. Revenues surged by 8.65% year-on-year (YoY) to SAR 2.88 billion as of …
Financial Results
Al Hammadi Holding
2 March 2025 05:39 PM Al Hammadi Holding logs SAR 339m net profit in 2024, to pay dividends for Q4
Riyadh – Mubasher: Al Hammadi Holding recorded 11.69% year-on-year (YoY) higher net profit at SAR 338.80 million in 2024, compared with SAR 303.33 million in 2023. Meanwhile, the revenues declined by 1.94% YoY to SAR 1.15 billion as of 31 December …
Financial Results
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17 February 2025 01:30 PM Dr. Sulaiman Al Habib’s profits exceed SAR 2.3bn in 2024; dividends for Q4 unveiled
Riyadh – Mubasher: Dr. Sulaiman Al Habib Medical Services Group recorded a 13.16% year-on-year (YoY) hike in net profit to SAR 2.31 billion during 2024, compared to SAR 2.04 billion. The revenues hit SAR 11.20 billion as of 31 December 2024, up …
Cash Dividends
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27 January 2025 06:21 PM Twareat Medical Care to start trading on Nomu mid-week
Riyadh – Mubasher: Twareat Medical Care Company is set to begin the listing and trading of its shares on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul) on Wednesday, 29 January 2025. The Saudi firm will float its shares under the …
Trading Activities
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8 January 2025 00:58 PM EFG Hermes leads Almoosa Healthcare’s $449m IPO on Tadawul
Cairo – Mubasher: EFG Hermes, a subsidiary of EFG Holding, concluded its advisory on the $449 million initial public offering (IPO) of Almoosa Healthcare Company, according to a press release. Through its investment banking division, EFG Hermes …
Companies Investments
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1 January 2025 05:41 PM Saudi Cement, Saudi Chemical unveils key appointments
Riyadh – Mubasher: Saudi Cement Company appointed Khalid Abdulrahman Al Rajhi as the board’s Chairman for the next four years, according to a bourse filing. The board members also named Mohammed Abdulkarim Al Khereiji as the Vice Chairman. The two …
Corporate Actions
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24 December 2024 05:29 PM Mouwasat’s board proposes SAR 400m dividends for 2024
Riyadh – Mubasher: Mouwasat Medical Services Company announced cash dividends amounting to SAR 400 million, equivalent to 20% of the capital, for 2024. The Saudi firm will pay out a dividend of SAR 2 per share for 200 million eligible shares, …
Board of Directors
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11 December 2024 00:24 PM Dr. Sulaiman Al Habib announces 2 key appointments
Riyadh – Mubasher: Dr. Sulaiman Al Habib Medical Services Group has appointed Sulaiman Abdulaziz Al Habib as the board’s Chairman for four years. The board also named Obaid Abdullah Al Rasheed as the Vice Chairman, according to a bourse …
Management Decisions
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24 November 2024 11:01 AM Fakeeh Care secures SAR 750m loan from ANB
Riyadh—Mubasher: Fakeeh Care Group penned a credit facility deal worth SAR 750 million with Arab National Bank (ANB) on 18 November 2024. The long-term financing agreement is secured by a promissory note, according to a bourse disclosure. The …
Companies Investments
Photo Archive
11 November 2024 02:54 PM Dallah Healthcare registers SAR 2.3bn revenues in 9M-24; dividends approved
Riyadh – Mubasher: The net profits of Dallah Healthcare Company hit SAR 357.29 million in the first nine months (9M) of 2024, up 44.96% year-on-year (YoY) from SAR 246.47 million. The medical group posted revenues valued at SAR 2.39 billion as of …
Financial Results
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5 November 2024 03:44 PM Al Hammadi Holding sees higher profits in 9M-24; dividends for Q3 approved
Riyadh – Mubasher: The net profits of Al Hammadi Holding reached SAR 261.04 million in the first nine months (9M) of 2024, marking a 9.61% year-on-year (YoY) rise from SAR 238.14 million. The company posted revenues valued at SAR 831.09 million in …
Financial Results
Photo Archive
4 November 2024 02:37 PM Saudi German Hospital posts 22% higher net profits in 9M-24
Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) generated net profits worth SAR 174.86 million in the first nine months (9M) of 2024, an annual rise of 21.70% from SAR 143.67 million. Revenues amounted to SAR 2.13 billion …
Financial Results
Photo Archive
3 November 2024 05:10 PM Dr. Sulaiman Al Habib posts 12% higher profits in 9M-24; dividends for Q3 approved
Riyadh – Mubasher: Dr. Sulaiman Al Habib Medical Services Group achieved net profits valued at SAR 1.70 billion in the first nine months (9M) of 2024, up 11.86% year-on-year (YoY) from SAR 1.52 billion. The group’s revenues stood at SAR 8.07 …
Cash Dividends
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30 September 2024 09:49 AM Dr. Sulaiman Al Habib obtains SAR 1.3bn funding from Al Rajhi Bank
Riyadh – Mubasher: Dr. Sulaiman Al Habib Medical Services Group secured a credit facilities agreement valued at SAR 1.30 billion with Al Rajhi Bank, according to a bourse disclosure. The Saudi group obtained the loan, on 29 September 2024, to …
Companies Investments
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15 September 2024 09:14 AM PureHealth’s CEO dominates Forbes Middle East’s Top 100 healthcare leaders
Mubasher: Shaista Asif, Co-Founder and Group CEO of UAE-based PureHealth Holding, led Forbes Middle East’s Top 100 healthcare leaders for the second consecutive year. The ADX-listed group logged revenues of $3.40 billion (AED 12.50 billion) in the …
Global Economy