Al Ashghal Al Moysra bags SAR 33M project with National Guard Ministry
The scope of work covered maintenance, cleaning, and operation of public buildings and residential units at King Khalid Residential City in Taif, according to a statement to Tadawul.
The company is in the process of completing the necessary signatures and procedures, and it expects to sign the contract on April 10, 2025.
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Saudi Gazette
15 hours ago
- Saudi Gazette
Amazon.sa prime members set to save big during seven-day sale from July 25 to 31
is gearing up to release thousands of incredible deals and deep savings to Prime members during this year's Prime Day sale event in Saudi Arabia, from July 25 (starting at 00:01am local KSA time) until July 31. It's not too late to join Prime for only SAR 16/month, or SAR 140/year, at to access Prime Day, and enjoy the full set of benefits included in the membership, such as free and fast delivery and Prime Video. This year's Prime Day is offering seven full days of deals for Prime members to enjoy across more than 30 product categories including everyday essentials, school must-haves, electronics, fashion, beauty, kitchen, home, toys, and Amazon Devices. Deals will span across a wide range of local and international brands, including brands from Amazon US, UK, and Germany through the Global Store – popular brands include Adidas, Anker, Babyjoy, Bellababy, Coach, COSLUS, Dyson, Eucerin, Garmin, Guess, JW PEI, LEGO, LEVOIT, Nivea, PHILIPS, PlayStation, Roborock, Shell, Skechers, Sony, TCL, Tefal, and UGREEN. Abdo Chlala, Country Manager, Amazon Saudi Arabia, said: "Prime Day is all about delivering exceptional value to our Prime members in Saudi Arabia, which is why we're thrilled to bring our biggest celebration yet with seven full days of incredible deals. We're making it easier than ever for members to discover amazing savings on products they love, including summer and back-to-school essentials. This year, we're especially excited to introduce exclusive discounts of up to 35% in our new Amazon Bazaar shopping experience, bringing even more affordable trendy fashion, home, and lifestyle products to members. Combined with fast, free delivery options, instant bank discounts, and flexible payment methods, Prime Day truly brings together everything our members in Saudi Arabia value – incredible savings, vast selection, and a convenient shopping experience." Prime Day 2025 – More Days and More Deals Prime members can shop thousands of deals during seven-day Prime Day event. Here's a preview of top offers: Everyday Essentials and Grocery: Save up to 35% on cleaning and laundry detergents from brands including Clorox, Dettol, Ariel, OMO, and Tide Save up to 30% on water and drinks from brands including Arwa, Coca Cola, Nescafe, Rabea, Twinings, and Maxwell House Save up to 30% on pantry essentials from brands including Betty Crocker, American Garden, and Halawani Bros Save up to 30% on hair products from brands including Shea Moisture, Garnier, Milk Shake, Dove, and Vatika Electronics: Save up to 49% on external hard drives and portable chargers from brands including Scandisk, Anker, and UGREEN Save up to 47% on headphones and microphones from brands including Sony, Anker, Beats, Belkin, Soundcore, and FIFINE Save up to 35% on security cameras and baby monitors from brands including eufy, and EZVIZ Save up to 30% on air purifiers and air conditioners from brands including Philips, Levoit, BISSELL, Midea, and Super General Save up to 23% on gaming consoles, accessories, and monitors from brands including PlayStation, Nintendo, Samsung, ASUS, HyperX, FIFINE, and GAMEON Save up to 20% on laptops from brands including HP, Apple, Acer, and Asus Save up to 20% on TVs from brands including Samsung, LG, Hisense, Panasonic, and TCL Save up to 15% on mobile phones from brands including Apple, Samsung, Xiaomi, and HONOR Amazon Devices Save up to 65% on security cameras from Ring, including the recently launched New Ring Outdoor Camera Plus Save up to 45% on Echo devices Save up to 30% on Kindle devices Beauty and Personal Care Save up to 60% on skincare and makeup from brands including Jessup, Cetaphil, CeraVe, Neutrogena, QV, Maybelline New York, KIKO Milano, Peter Thomas Roth, Aveeno, Minimalist, and Garnier Save up to 45% on hair dryers and personal grooming devices from brands including Philips, Braun, BaByliss, and Shark Fashion and Accessories Save up to 60% on apparel and bags from brands including Tommy Hilfiger, Calvin Klein, Lacoste, Guess, and JW PEI Save up to 60% on watches and fitness trackers from brands including Apple, Coach, Tommy Hilfiger, Fitbit, Casio, Citizen, and SEIKO Save up to 59% on shoes from brands including Sketchers, Puma, and On Cloud 5 Save up to 35% on sunglasses from brands including Ray-Ban, Hugo Boss, Guess, and Oakley Amazon Bazaar Kitchen and Home Save up to 30% on coffee machines and accessories from brands including De'Longhi, Black+Decker, and Nespresso Save up to 30% on air fryers and microwaves from brands including Samsung, Ninja, Black & Decker, Nikai, Philips, Tefal, and Geepas Save up to 30% on cooking pots and sets from brands including Tefal, and Royalford Save up to 18% on air conditioners and fans from brands including YORK, and LEVOIT Save up to 18% on vacuum and carpet cleaners from brands including Dyson, roborock, eufy, COMFEE, and BISSELL Back-to-School Essentials Save up to 60% on water bottles and flasks from brands including Thermos, and Hydro Flask Save up to 35% on backpacks from brands including Nike, Herschel, JanSport and adidas Save up to 30% on school stationery from brands including Crayola, Faber Castell, and STAEDTLER Sports Save up to 60% on sports fashion, equipment and accessories from brands including Under Armour, and Wilson Toys Save up to 60% on toys from brands including LEGO, L.O.L. Surprise and Funko Additional Ways to Save this Prime Day Instant Bank Discounts: Prime members shopping on using alrajhi bank credit or prepaid cards can enjoy additional discounts during Prime Day. T&Cs apply eGift Card: Purchase an eGift Card for SAR 500 now through July 24 and get SAR 35 promotional credit to spend during Prime Day. Buy Now, Pay Later: Prime members on can enjoy hassle-free affordable shopping during Prime Day with Tabby and Tamara, conveniently splitting payments into 4 interest-free installments. T&Cs apply. Installment plans: Members in Saudi Arabia can also opt in to 0% bank installment plans for eligible purchases, available from a wide range of banking partners upon checkout, allowing them to pay for their Prime Day orders on in more affordable and easier monthly installments. T&Cs apply. Prime Day Deliveries Prime members enjoy fast, free delivery options during Prime Day, including Same-Day and One-Day delivery on local items, and Free International Delivery from US, UK, and Germany. Items can be delivered to homes or workplaces, for maximum convenience. Get Ready for Prime Day Prime members across Saudi Arabia can make their Prime Day shopping experience even easier by downloading the Amazon App to browse, shop, and ensure they never miss a deal or by shopping directly on the website on Prime Day 2025 – The Joy of Deal-Hunting in Saudi Arabia Recent HarrisX research reveals Saudi consumers' enthusiasm for sales events, with 86% feeling satisfied by discounted purchases and 52% finding great deals more exciting than spontaneous weekend trips. Digital memberships are highly valued, with 81% of Saudis appreciating their convenience and 80% believing they offer long-term savings. Summer shopping is driven by vacation preparation (27%) and social media trends (23%).
Argaam
2 days ago
- Argaam
Bank Albilad plans to buy back 10M shares for ESIP
Bank Albilad 's board of directors recommended, on June 23, the repurchase of up to 10 million of the bank's ordinary shares to be held as treasury shares and allocated to the employee stock incentive program (ESIP). In a statement to Tadawul today, July 28, Bank Albilad said the share repurchase will be funded through its own resources, noting that treasury shares currently account for 0.61% of the total shares subject to the buyback. The bank added that the repurchased shares will not carry voting rights at general shareholder meetings. The proposed buyback is subject to approval by the upcoming extraordinary general meeting (EGM), the date of which will be announced later, in compliance with the implementing regulations of the Companies Law for listed joint stock companies. The bank is required to meet all required solvency conditions. A report from the bank's external auditor will also be submitted in accordance with these regulations. According to data available with Argaam, the 10 million shares allocated for the ESIP represent approximately 0.67% of the bank's total outstanding shares, which stand at 1.5 billion.
Arab News
2 days ago
- Arab News
Closing Bell: Saudi main market closes lower at 10,885
RIYADH: Saudi Arabia's Tadawul All Share Index closed lower on Monday, falling 70.90 points, or 0.65 percent, to end the session at 10,885.32. The total trading turnover on the main market reached SR4.61 billion ($1.2 billion), with 546.78 million shares traded. A total of 72 stocks advanced while 177 declined. The MSCI Tadawul 30 Index also dropped, losing 10.55 points, or 0.75 percent, to close at 1,399.41. On the Kingdom's parallel market Nomu, the index declined by 209.73 points, or 0.78 percent, to finish at 26,781.28. Of the listed companies, 31 gained while 49 fell. Sport Clubs Co. led the gainers, rising 9.92 percent to SR11.19. It was followed by SHL Finance Co., which advanced 6.47 percent to SR23.85, and Allied Cooperative Insurance Group, which rose 6.13 percent to SR11.43. Riyadh Cables Co. posted a gain of 4.73 percent, while Saudi Co. for Hardware rose 3 percent. On the other hand, Tourism Enterprise Co. recorded the sharpest decline of the session, falling 9.84 percent to SR1.10. Banque Saudi Fransi dropped 5.26 percent to SR16.92, while Raydan Food Co. fell 4.07 percent to SR13.66. Thob Al Aseel Co. declined by 3.93 percent, while Northern Region Cement Co. fell 3.89 percent. On the announcement front, Al Majeed Oud Co. reported a 19.6 percent year-on-year increase in revenue for the first half of 2025, reaching SR618.8 million compared to SR517.2 million in the same period last year. The company also posted a 21.5 percent rise in net profit, which grew to SR145.2 million from SR119.5 million over the same timeframe. According to the company, the increase in sales was driven by the performance of newly launched products, retail network expansion, growth in its e-commerce platform, and targeted marketing campaigns during the Ramadan and Hajj seasons. It attributed the rise in net profit to the same commercial factors, along with improved operational efficiency measures. Shares of Al Majeed Oud Co. closed at SR130, down 1.52 percent. Raoom Trading Co. reported a 13.7 percent year-on-year decline in revenue for the first half of 2025, with sales falling to SR51.5 million from SR59.7 million in the same period last year. Net profit also dropped sharply, falling 91.9 percent to SR2.2 million from SR28.3 million. The company attributed the decline in revenue to lower average selling prices driven by market conditions and a reduction in sales volumes. The fall in net profit was also linked to a SR3 million loss from the revaluation of financial assets at fair value, compared to a gain of SR14.8 million in the corresponding period of 2024. Shares of Raoom Trading Co. closed at SR60.55, down 1.54 percent.
