newzksa21

Amlak International Finance Company announced the launch of its new identity, in a move that reflects its strategic transformation and the development of its business model in line with the goals of the Kingdom’s Vision 2030.

Tabuk Agricultural Development Company has agreed to a 10-year investment contract for vineyards worth 23.3 million riyals, with the aim of stopping losses and achieving stable cash flows.

Adeer Real Estate Company announced a 62% growth in its annual profits, reaching 103.2 million riyals in 2023, and decided to distribute cash dividends of 10 riyals per share.

Nadec announced a decline in its 2025 net profit to SAR 393.35 million, compared to the previous year, due to non-recurring gains. The company recorded revenue growth of 9.52%.

The General Assembly of Al Muhafaza Education Company approved the distribution of cash dividends worth 4 million riyals for the year 2025, at a rate of 0.5 riyals per share, reflecting the company’s strong financial performance.

The board of directors of Aseeg Insurance recommended increasing the capital to 300 million riyals through a private placement to Diyar Arabia Investment Company, with the aim of strengthening financial solvency and supporting growth plans.