Riyadh – Mubasher: The Saudi Exchange (Tadawul) has amended the structure of its minimal incremental price movement bands, known as tick size bands, for both the Main and Parallel (Nomu) Market securities, excluding debt instruments.Tadawul is expand
Riyadh – Mubasher: Mohammed bin Abdulaziz Al Shaheen resigned from his position as the CEO of East Pipes Integrated Company for Industry due to personal reasons. The board members accepted Al Shaheen’s resignation on 12 June, yet it will become …
Riyadh – Mubasher: Saudi Steel Pipe Company named Mohammed AbdulAziz AbdulRahman Al Shayea as the board’s Chairman for the next three years, according to a bourse filing The firm also named Carlos A. Ferreyra as the Vice Chairman for the upcoming …
Cairo – Mubasher: Cleopatra Hospitals Group obtained the Financial Regulatory Authority’s (FRA) approval to reduce its capital to EGP 721.89 million from EGP 722.71 million. The group will cut its issued capital by EGP 824,288 through cancelling …
Riyadh – Mubasher: Knowledge Net Company announced the board’s recommendation for a 50% capital hike to SAR 52.50 million from SAR 35 million. The Saudi firm will grant one bonus share for each two owned shares, according to a bourse disclosure. …
Riyadh – Mubasher: The board of United International Transportation Company (Budget Saudi) recommended a 33.74% capital hike, according to a bourse disclosure. The group will distribute 26.05 million shares as bonus shares to shareholders by …
Riyadh – Mubasher: Alinma Bank named Abdulmalik Abdullah Alhogail as the board’s Chairman for the next three years, according to a bourse filing. Saad Abdulaziz Alkroud was appointed as the Vice Chairman for a new board term that began on 21 May …
Mubasher: Giza Systems, Egypt-based subsidiary of Arabian Internet and Communications Services Company (solutions) by Saudi Telecom Company (stc), appointed Ahmad Elharany as Group CEO. The company announced the appointment during a roundtable …
