Elm Co. (7203)

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News

22 September 03:00 AM Najm, Elm forge partnership at Money20/20 Middle East conference

Riyadh - Mubasher: Najm for Insurance Services has signed a cooperation deal with Elm Company on the sidelines of the Money20/20 Middle East conference to enhance the quality of services provided to beneficiaries.The two parties will join forces to e

Companies Investments

2 September 03:00 AM MIS signs SRA 191m contracts with Saudi gov’t, Elm

Riyadh - Mubasher: Al Moammar Information Systems Company (MIS) has signed two contracts with a total value of SAR 190.89 million on 31 August 2025, according to two separate financial statements.MIS sealed a SAR 126.07 million agreement with the Min

Companies Investments

12 June 08:32 PM Anmat Technology inks SAR 111.5m contracts with Elm, Saudi government

Riyadh - Mubasher: Anmat Technology Company has signed two contracts to carry out major contracting works for the Riyadh Municipality region, with a combined value of SAR 111.41 million. The first agreement, signed with Elm Company, was valued at …

Companies Investments

6 April 12:34 PM Elm secures SAR 1.9bn loan from SNB

Riyadh – Mubasher: Elm Company penned a Shariah-aligned facility agreement valued at SAR 1.90 billion with The Saudi National Bank (SNB) on 27 March 2025. The Saudi company aims to finance corporate expansion and acquisitions, according to a …

Banking and Finance

2 March 01:14 PM Elm’s consolidated profits cross SAR 1.8bn in 2024; dividends announced

Riyadh – Mubasher: Elm Company recorded consolidated net profits after tax valued at SAR 1.82 billion in 2024, higher by 34.66% than SAR 1.35 billion in 2023. Revenues jumped by 25.58% year-on-year (YoY) to SAR 7.40 billion at the end of December …

Cash Dividends

13 February 10:16 PM Listed digital solutions provider Elm concludes participation in LEAP 2025 with multiple strategic agreements

Riyadh – Mubasher: Elm Company concluded its participation in LEAP 2025, which was held in Saudi Arabia from 9 to 12 February, where it showcased a wide range of its innovative digital solutions. Elm signed multiple strategic agreements with …

Event

12 February 11:50 PM Elm joins forces with Lean Business Services at LEAP 2025 to advance digital transformation

Riyadh – Mubasher: Elm Company has signed a memorandum of understanding (MoU) with Lean Business Services to strengthen Saudi Arabia's healthcare sector and related industries through a wide array of innovative digital services and products. The …

Global Economy

12 February 08:49 PM Elm to raise ownership in Smart National Solutions upon sheet signed during LEAP 2025

Riyadh – Mubasher: Digital solutions provider Elm Company has signed a preliminary term sheet to increase its ownership in Smart National Solutions (SNS) to 40%, according to a press release. This strategic move, which was announced on the …

Corporate Actions

11 February 08:15 PM Elm aims to leverage LEAP 2025 reputation as global platform while partaking as Strategic Sponsor

Riyadh – Mubasher: Elm Company is demonstrating its wide range of cutting-edge platforms and innovations as a strategic sponsor of LEAP 2025 while aiming to leverage the event’s robust reputation as a global platform that attracts creative minds …

Event

10 February 06:43 PM Elm forges partnerships with Salam, Klues.AI at LEAP 2025

Riyadh – Mubasher: Elm Company signed partnership agreements with Etihad Salam Telecom Company and Klues.AI on the sidelines of the fourth edition of the LEAP conference, according to a press release. Elm and Salam will join forces to deliver …

Companies Investments

23 January 01:25 PM PIF enters into agreement for Elm to acquire THIQAH in $907m deal value

Riyadh – Mubasher: Saudi Arabia’s Public Investment Fund (PIF) has signed a share sale and purchase agreement for Elm Company to acquire the PIF-owned Thiqah Business Services Company (THIQAH) in a deal value worth $907 million, equivalent to SAR …

Companies Investments

20 January 07:31 PM Elm partakes as strategic partner in Hajj Conference 2025, has potential for regional growth

Riyadh – Mubasher: Elm Company has participated as the strategic partner of the Hajj Conference and Exhibition 2025, which took place in Jeddah on 13-16 January 2025, according to a press release. The event aims to bolster communications and …

Global Economy

18 December 2024 07:17 PM SAL backs Saudi Arabia’s logistics sector via strategic partnerships

Riyadh – Mubasher: SAL Saudi Logistics Services Company announced a series of strategic partnerships at the Supply Chain and Logistics Conference that was held during 15-16 December 2024. In line with Saudi Vision 2030, the partnerships aim to …

Companies Investments

17 December 2024 05:02 PM Elm partakes in Supply Chain and Logistics Conference 2024

Riyadh – Mubasher: Elm Company, the digital solutions pioneer, participated as a strategic partner in the 6th edition of the Supply Chain and Logistics Conference 2024, which was held on 15-16 December at the Hilton Riyadh Hotel, according to a …

Event

22 October 2024 03:38 PM Elm unveils digital solutions, products at Seamless Saudi 2024

Riyadh – Mubasher: Digital solutions provider Elm Company is showcasing its solutions and services in the financial technology and e-commerce sector during its current participation in the Seamless Saudi Arabia 2024 conference. During the …

Event

1 October 2024 05:12 PM Elm’s Tabadul endorses cooperation with subsidiary of SPARK through MoU

Riyadh – Mubasher: Saudi Information Exchange Company (Tabadul), a subsidiary of the listed Elm Company established in 2005, recently signed a memorandum of understanding (MoU) with King Salman Energy Park’s unit (SPARK) Energy City Logistics …

Companies Investments

8 September 2024 08:41 AM Reachware fuels GCC expansion plans via $3m funding co-led by Elm

Riyadh – Mubasher: Saudi SaaS provider Reachware has raised $3 million in Seed funding, led by Sadu Capital, with participation from 500 Sanabil Investments and Elm Company, according to a press release. Reachware, a leading startup specialising …

Companies Investments

6 August 2024 02:19 PM Elm sees 19.5% higher profits in H1-24; dividends announced

Riyadh – Mubasher: The net profits of Elm Company jumped by 19.56% to SAR 831 million in the first half (H1) of 2024 from SAR 695 million, according to the consolidated financial results. The company posted revenues amounting to SAR 3.40 billion …

Cash Dividends

10 July 2024 10:50 AM Elm inks agreement with Saudi Ministry of Interior, Data & AI Authority

Riyadh – Mubasher: Elm Company has signed an agreement with the Ministry of Interior and the Saudi Data and AI Authority (SDAIA) to develop and provide products and services. Signed on 9 July 2024, the agreement has a duration of 10 years starting …

Companies Investments

4 July 2024 03:17 PM Elm’s CEO resigns; Alomair succeeds

Riyadh – Mubasher: Abdulrahman Saad Al Jadhai resigned from the position of CEO of Elm Company after leading the company for more than 12 years. Al Jadhai submitted his resignation on 3 July 2024 for personal reasons, yet it will be effective on …

Board of Directors

27 June 2024 04:55 PM Elm Company awards Tawuniya SAR 76m health insurance agreement

Riyadh – Mubasher: Elm Company has awarded a SAR 75.90 million health insurance contract for its employees to The Company for Cooperative Insurance. The agreement’s term amount for one year starting from 30 June 2024, according to a bourse filing. …

Banking and Finance

2 June 2024 03:12 PM Saudi Elm, France-based Numeryx Technologies partner to drive digital transformation

Riyadh – Mubasher: Elm Company signed a memorandum of understanding (MoU) with France-based Numeryx Technologies to boost digital transformation, according to a press release. The partnership aims to reinforce business prospects and implement …

Companies Investments

27 May 2024 03:22 PM Elm to Participate in GITEX Africa 2024

Riyadh – Mubasher: Elm Company is set to participate in the second edition of Africa’s large technology and startup event, GITEX Africa 2024. During the event, Elm will showcase its latest innovative solutions in various fields, including modular …

Global Economy