Youm7-


As part of implementing the fifth pillar of the Ministry of Petroleum and Mineral Resources’ work strategy—aimed at supporting safety, providing a secure working environment, and preserving and protecting the environment and the health and safety of workers and stakeholders in accordance with laws, regulations, and professional best practices—the Transport and Distribution Department, along with the Occupational Health, Safety, and Environmental Protection Department of the Egyptian General Petroleum Corporation (EGPC), held the quarterly regular meeting for petroleum product transport and distribution companies. The meeting discussed the companies' procedures for the continuous development of the health and safety system related to the transportation and handling of petroleum products via tanker trucks. This effort is part of a comprehensive plan to manage human, operational, and procedural elements with greater awareness.

Engineer Ayman Abdel Badi’, EGPC’s Executive Vice President for Transport and Distribution, highlighted the importance of continuous improvement and integration within the tanker truck transport system. He emphasized the need to learn from challenges to achieve necessary adjustments and development, given the economic significance of the system. Being a key component of the petroleum industry, tanker truck transport is essential for meeting local market needs for petroleum products. The more the system can prevent and reduce accidents, the more it positively contributes to market stability. He noted that the Ministry of Petroleum and EGPC give this system great attention and fully support efforts to enhance it.

Dr. Tamer Ayash, EGPC’s Assistant Executive President for Occupational Health, Safety, and Environmental Protection, emphasized the importance of continuous dialogue and idea-sharing among all system participants, as well as raising awareness among workers about the importance of health and safety as a core part of their daily behavior. He explained that, in line with the ministry’s strategy and EGPC’s goals—under the current phase's slogan “Goal Zero: No Harm – No Leaks”—a series of major initiatives and procedures have been adopted to enhance the safety system for transporting petroleum materials by road. These measures are aligned with the best global practices and aim to ensure the safety of individuals, assets, and facilities.

Major General Mohamed Farag, EGPC’s Assistant Executive President for Security, pointed out that ongoing communication between all system components—including contractors—is crucial for securing the entire system and reducing or avoiding accidents. He also stressed the importance of strict adherence to procedures, regulations, periodic analyses, and inspections.

The meeting was attended by Engineer Mohamed Magid, Chairman of Misr Petroleum Company; Engineer Ibrahim Mowafi, Chairman of Nile Petroleum Marketing Company; Accountant Mohamed Ibrahim Farhat, Chairman of Petrogas; and Engineer Mahmoud El-Qafas, Chairman of Saham Petroleum. During the meeting, tanker truck accidents that occurred during the first half of 2025 were reviewed, along with their direct and root causes and the necessary recommendations to prevent recurrence.

The meeting also included a review of achievements made during the past period, challenges that were addressed and overcome, and the upcoming work plan aimed at achieving a qualitative leap in the road transport safety system for petroleum products. The objective is to enhance resource sustainability and operational efficiency based on four key factors: the internal transport system within companies, drivers, the tanker trucks used, and the roads used for transporting petroleum products.

Regarding the internal transport system within companies, EGPC signed a Memorandum of Understanding (MoU) with TotalEnergies to provide specialized consultancy services to improve safety and quality standards in the petroleum transport sector in line with global best practices. This project, titled “Development of the Heavy Transport Safety Management System,” includes a comprehensive framework based on seven main pillars aimed at significantly improving petroleum transport management. One outcome of this project was the completion of a gap analysis for the road transport safety system for petroleum products in the Mostorod area (Misr Petroleum) and the Cairo area (Cooperation Petroleum Company). An action plan was prepared and implementation has begun, with preparations currently underway to start a new phase for ensuring the execution of the action plan and conducting a gap analysis for another EGPC-affiliated company.

Regarding drivers, training programs are being implemented to provide continuous annual training for all drivers on safe and defensive driving, with the aim of improving their skills. A Memorandum of Understanding (MoU) was signed between Petrosafe and the Egyptian Safe Driving Center to train drivers on defensive driving techniques. Additionally, Saham Petroleum Company has introduced an advanced simulation system using the latest scientific and practical methods to enhance driver performance. Monthly awareness campaigns are being conducted across EGPC-affiliated companies to promote safe and defensive driving and to improve response to emergencies.

For the tanker trucks used in petroleum transport, EGPC issued the unified guide for road safety in transporting petroleum products (EGPC-SF-TN-001), which sets out requirements and specifications for tanker trucks in accordance with the ADR (European Agreement concerning the International Carriage of Dangerous Goods by Road). EGPC also began studying the establishment of an internationally accredited inspection center for tanker trucks in collaboration with Saham Petroleum and a major company in Egypt’s petroleum sector to ensure the trucks' safety before operation. Coordination is ongoing with TotalEnergies to use its inspection center in Suez until the new centers are completed. EGPC has also set up monitoring rooms using GPS to track tanker trucks 24/7, enabling immediate intervention to address any violations.

As for the roads used for petroleum transport, a road assessment is currently underway in collaboration with Saham Petroleum and a specialized company. This assessment covers all roads used by EGPC-affiliated transport and distribution companies (Cooperation Petroleum, Misr Petroleum, Saham Petroleum, and Nile Petroleum Marketing) to identify risks and implement effective solutions. To support the safe journey management system, EGPC is coordinating with companies to ensure its effective implementation. A unified template has been issued and distributed to all affiliated companies to be adopted in daily operations, ensuring that each trip is pre-planned, risks are identified, and preventive measures are in place—contributing to accident prevention and the safety of people and property.

The Saudi Stock Exchange's main index closed today, down (51.39) points, closing at (11,294.07) points, with trading valued at (5.3) billion Saudi riyals.
The volume of traded shares - according to the Saudi Press Agency's daily economic bulletin for the Saudi Stock Exchange - reached (466) million shares, with the shares of (65) companies recording an increase in their value, while the shares of (187) companies closed in decline.
The shares of Senomi Centers, Arabian Drilling, Shams, Red Sea, and Knowledge City were the highest risers, while the shares of Pan, Senomi Retail, Riyadh Cables, ACWA Power, and Exports were the lowest in trading. The percentages of rise and fall ranged between (7.60%) and (4.35%). The shares of Shams, Batelco, Americana, Saudi Aramco, and Al Baha were the most active in terms of volume, while the shares of Saudi Aramco, Al Rajhi Bank, Shams, Cinema Centers, and Al Ahli Bank were the most active in terms of value. The Saudi Parallel Stock Index (Nomu) closed today down (119.05) points, closing at (27,343.79) points, with trading valued at (19) million Saudi riyals, and the volume of traded shares exceeding two million shares.

Tadawul-


Element List Explanation
Introduction With reference to the company's announcement published on the Tadawul on 30 – 06 -1446 H corresponding to 31 – 12 - 2024G regarding signing an agreement by Tihama Advertising, Public Relations, and Marketing Company with WPP Group to establish a new company in the Kingdom of Saudi Arabia under the name ICG Saudi Arabia, and regarding the Partners have agreed to the extension of the period to 30 Jun 2025.
The company would like to announce to the shareholders that Partners have agreed on the extension of the period to another six months ending on 31 – 12 - 2025 For Completion of the transfer of legal ownership including finalization of required regulatory approvals.

Previous Announcement Tihama Advertising, Public Relations and Marketing Company Announces an update on its announcement that it has agreed with WPP plc to the creation of a new Company in KSA to be called ICG Saudi Arabia
Date of Previous Announcement on Saudi Exchange’s Website 2024-12-31 Corresponding to 1446-06-30
Hyperlink to the Previous Announcement on the Saudi Exchange Website Click Here
Latest Developments Of The Announced Event Partners have agreed on the extension of the period to another six months ending on 31 – 12 - 2025
Reasons For The Delay on The Date of The Event Previously Announced Completion of the transfer of legal ownership including finalization of required regulatory approvals
The costs associated with the event, and if they have changed or not with indication of the reasons. Any financial impact arising from the transaction will be booked on completion, based on the assets and liabilities at that date – any potential impact cannot be reliably estimated at this time.
Delay consequences on the Company’s financial results Not applicable
Additional Information The company will announce any material developments in this regard

Tadawul-


Element List Explanation
Announcement Detail Middle East Healthcare Company (Saudi German Health) announces the commencement of operations for 21 additional clinics in advanced medical specialties, located within the Saudi German Hospital building in Dammam. This expansion is part of the company’s strategic plan to enhance specialized services and meet the growing demand for advanced healthcare in the Eastern Province.
Financial Impact on the Company

This expansion is expected to have a positive impact on the company’s financial and operational performance, including:

- Increase revenues by providing highly specialized services, accommodating a larger number of patients, and expanding the range of services offered.

- Improved operational efficiency by maximizing the use of existing infrastructure and specialized medical staff.

- Enhanced patient experience and upgraded quality of care.

The company reaffirms its ongoing commitment to developing its medical services in line with the highest standards, supporting the goals of Saudi Vision 2030 to enhance the efficiency and accessibility of healthcare services

Trading Economics-


Retail sales in Brazil declined by 0.2% from the previous month in May of 2025, extending the revised 0.3% drop from April. It marked the first back-to-back decline in retail turnover since the start of the year, reflecting fresh softness in domestic consumption as elevated interest rates weigh against increased government handouts that supported last year's private expenditure. Turnover was lower for fuels and lubricants (-1.7% vs -1.6% in April), books and stationery (-2% vs 1.4%), and other articles for personal use (-2.1% vs 0.7%). In turn, sales were higher for supermarkets and food retailers (0.4% vs -0.3%), furniture and electronics (2% vs 0.3%), and pharmaceutical goods (1.7% vs 0.3%). From the previous year, retail sales were 2.1% higher, slowing from the 5.3% increase in the previous month.

(QNA)-


The Qatar Stock Exchange (QSE) general index closed Tuesday's trading higher by 32.80 points, or 0.30 percent, to close at 10,833.87 points.

During the session, 144,948,773 shares, valued at QAR 430,751,221.166, were traded in 26,226 transactions across all sectors.

The session saw shares of 25 companies rise, 20 companies decline in their share price, and eight companies maintain their previous closing price.

Market capitalization at the end of the trading session amounted to QAR 639,473,020,859.738, compared to QAR 638,414,115,027.830 in the previous session.

(QNA)-


The Islamic Development Bank (IsDB) has approved over US$277 million in new development financing to help create jobs, improve access to essential services, and support inclusive, sustainable growth across its Member Countries. The decisions were made during the 361st Meeting of the IsDB Board of Executive Directors.

This latest round of development financing approvals highlights the Bank's strong commitment to supporting transformative projects that make a tangible difference in people's lives, while advancing the United Nations Sustainable Development Goals (SDGs).

In Mauritania, the IsDB Board approved EUR 26.18 million for the Expansion of the National Cardiology Center in Nouakchott Project.

In Cote d'Ivoire, a financing package of EUR 200 million will support the Abidjan Sustainable and Integrated Urban Mobility Project,while, in The Gambia, the Bank is investing US$ 32.20 million to help establish the School of Medicine and Allied Health Sciences (SMAHS) at the University of The Gambia.

(WAM)-


Dubai Chambers has successfully organised the Dubai–Beijing Business Seminar with the goal of enhancing trade and investment partnerships, building new economic opportunities between Dubai and Beijing, and fostering bilateral cooperation across diverse sectors.

Hosted at Dubai Chambers’ headquarters in partnership with the China Council for the Promotion of International Trade – Beijing, the seminar was attended by a Chinese delegation led by Sima Hong, Vice Mayor of Beijing, together with Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, and Abdullah Ahmed Al Saleh, Under-Secretary of the Ministry of Economy and Tourism.

The event welcomed 130 business leaders, officials, and representatives of the private sector from both markets.

Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, stated, “We remain committed to deepening economic and investment ties between Dubai and Beijing across a broad range of sectors. As part of these efforts, we are continuing to support the Chinese business community in capitalising on the significant opportunities Dubai offers as a gateway for regional and global expansion. Strengthening partnerships and driving collaborative initiatives between our business communities remains a key priority.”

Salem Al Shamsi, Vice President of International Relations at Dubai Chambers, delivered a comprehensive presentation during the seminar showcasing Dubai’s economic landscape and competitive advantages for businesses and investors. The presentation also covered joint business opportunities between Dubai and China, as well as promising sectors for trade and investment cooperation.

The seminar highlighted the growth of trade between Dubai and China. Non-oil bilateral trade reached a value of approximately AED 296.3 billion during 2024, achieving annual growth of 19 percent. By the end of June this year, more than 6,000 Chinese companies were registered as active members of Dubai Chamber of Commerce, underlining the growing interest in Dubai as a global business destination.

The depth of Dubai–China ties is also reflected in Dubai Chambers’ decision to host the first international edition of the Dubai Business Forum in China, which took place in Beijing in August 2024.

Held under the theme ‘China, Dubai and Beyond: Igniting Global Trade and Investment,” the event showcased Dubai’s competitive advantages, strategic initiatives, and investment-ready opportunities for the Chinese and global business communities.

On the sidelines of the forum last year, Dubai Chambers signed a Memorandum of Understanding with the China Council for the Promotion of International Trade – Beijing to support the expansion of trade relations and strengthen bilateral ties between the business communities in both markets to advance their shared goals.

Tadawul-


Element List Explanation
Introduction Saudi Advanced Industries Company (SAIC) announces the renewal of Sharia-compliant credit facilities with Al Rajhi Capital. The details are as follows:
Date of obtaining the funding 2025-07-07 Corresponding to 1447-01-12
Financing entity Al Rajhi Capital
Financing amount. 60,000,000 SAR
Financing duration. One Year
Guarantees offered for the financing Pledging a portion of the investment portfolio assets equivalent to the value of the credit facilities
Financing objective To support the company’s investment expansion
Related Parties None
Additional Information None

Tadawul-


Element List Explanation
Introduction International Human Resources Company announces the award of a project with Alam Company
Date of Award 2025-07-07 Corresponding to 1447-01-12
Counterparty Elm Company
Project Value 53,947,301.30 Saudi Riyals, including VAT. Writing: Fifty-three million, nine hundred forty-seven thousand riyals, three hundred and thirty-one riyals.
Expected Date for Signing the Contract 2025-07-08 Corresponding to 1447-01-13
Project Details Assigning customer service representatives
Related Parties nothing
Additional Information The financial impact of the contract on the company's financial results is expected to begin during the third quarter of 2025.

Tadawul-


Element List Explanation
Introduction Saudi Vitrified Clay Pipe Company announces that its subsidiary, Saudi Land Factory Co, has received a purchase order from Pillar Arabian Co. with a total value of SAR 4,190,552 (including VAT) on 12-01-1447H corresponding to 7-07-2025, for the supply of precast concrete manhole products.
Date of Announcement of the Award 2025-07-07 Corresponding to 1447-01-12
Contract Subject Matter Supply of precast concrete manhole products
The Entity with Which the Contract was Signed Pillar Arabian Co. Trading and Constrution
Date of Signing the Contract 2025-07-07 Corresponding to 1447-01-12
Contract Value SAR 4,190,552.00 (including VAT)
Contract Details Supply of precast concrete manhole products
Contract Duration One year
Financial Impact and the Relevant Period The financial impact of the project will appear during the third quarter of 2025
Related Parties NA

Tadawul-


Element List Explanation
Introduction Banan Real Estate Co. announces the board of director’s decision to distribute cash dividends for second half of the fiscal year 2024.
Date of the board’s decision 2025-07-08 Corresponding to 1447-01-13
The Total amount distributed 5,000,000
Number of Shares Eligible for Dividends 200,000,000
Dividend per share 0.025
Percentage of Dividend to the Share Par Value (%) 2.5
Eligibility date 2025-07-31 Corresponding to 1447-02-06
Distribution Date 2025-08-19 Corresponding to 1447-02-25
The name of other official authorities and the details of their non-refusal to the recommendation or decision None.
Additional Information The company urges all shareholders to update their data and ensure that their bank account numbers are linked to their investment portfolios to ensure that their profits are deposited directly into their accounts.

Tadawul-


Element List Explanation
Announcement Detail Reference to the announcement of Arabian Cement Company at Tadawul website on 23/12/1446 corresponding to 19/06/2025 regarding the invitation of its shareholders to attend the 10th Extraordinary General Assembly meeting (the third meeting) scheduled to be held at 18:30 on Sunday 18/01/1447 corresponding to 13/07/2025, virtually by modern technology means. The company is pleased to remind its shareholders of the start date of electronic voting.
Shareholders registered through the Tadawulaty platform will be able to vote remotely on the agenda items of the extraordinary general assembly meeting, through the (electronic voting) service, starting at 01:00 on Wednesday dated 14/01/1447 corresponding to 09/07/2025 until the end of the meeting time, registration and voting in Tadawulaty platform is available free of charge to all shareholders using the following link: www.tadawulaty.com.sa

We would also like to draw the attention of the shareholders in case of any inquiries, to kindly contact Investor Relations at (0126948110) or via e-mail Investors.Relations@arabiancement.com.sa

Or write to the following address: Arabian Cement Company (Investor Relations) National Address: 8605 King Abdulaziz Road – Al Nahda District – Jedah 23523

Youm7-


As part of the first axis of the Ministry of Petroleum and Mineral Resources' strategy to increase gas production and enhance energy security in Egypt, Petroleum Marine Services Company (PMS), a petroleum sector company, announced it has been awarded a tender to implement the fourth phase of the development of the offshore Kamous gas field, owned by the North Sinai Petroleum Company (NOSPCO).

The new project builds on PMS's significant successes and reflects its advanced ability to efficiently and efficiently execute all marine operations, leveraging its accumulated experience, qualified technical personnel, and advanced fleet of marine equipment and units.

Under the award, Petroleum Marine Services Company (PMS) will install three new offshore production platforms: Hoor, KSE-1, and Snefru. This is part of the offshore infrastructure expansion plan for the Kamos offshore gas field. This will be in addition to installing three 8-inch offshore pipelines to connect the new platforms to the existing production network, ensuring full connectivity with the company's main offshore pipelines. The project will also connect them to the floating production unit (MOPU). This will accelerate the start-up and increase the production capacity of the Kamos offshore gas field in North Sinai.

This project builds on the significant successes PMS has achieved previously during the implementation of the third phase of the Kamos offshore gas field development project, where it successfully installed five offshore production platforms and installed five offshore pipelines in areas 3A and 3B. This has directly contributed to increasing production rates and achieving the strategic objectives of the Egyptian petroleum sector in developing offshore gas resources.

The Kamous offshore gas field development project is a true example of PMS's commitment to its national responsibility by supporting the Egyptian economy and enhancing the country's natural gas production capacity.

It also underscores the company's vital role in providing innovative marine solutions and highly efficient integrated services that keep pace with global developments and adhere to the highest quality and safety standards. These services contribute to achieving sustainable development goals, reducing dependence on imports, and ensuring the stability of Egypt's energy system.

Al MAl-


LemFi, a London-based international payments startup with a strong presence in the US, Canada, UK, and Europe, announced the launch of its reliable and low-cost international services in Egypt.
This strategic expansion enhances the company's ability to serve Egypt's large diaspora, amid the country's rapidly expanding digital payments market. It also strengthens LemFi's position as a trusted partner in the North African region, where the company serves communities in Morocco and Tunisia.
Egypt is one of Africa's most dynamic and important economies and ranks among the world's most important remittance corridors. In 2024, Egypt received a record $29.6 billion in remittances, nearly double the figure recorded in the previous year.
In 2023, remittances accounted for 6.11% of GDP, highlighting the vital role they play in supporting the economy. Recent economic reforms have boosted confidence in the formal financial sector, resulting in consistent year-on-year growth in remittances and creating opportunities for international payment partners. This significant and growing flow of funds underscores the importance of a reliable, efficient, and innovative international payment service provider.
Members of the growing Egyptian diaspora, made up of skilled workers residing in LemFi's supported countries, can access its reliable, low-cost, and efficient global services to support their families and friends back home.
Philip Daniel, Head of Global Expansion and Growth at LemFi, said: "LemFi's entry into the Egyptian market aligns with global economic trends in the growing remittance market, bringing innovative international payment solutions to a market increasingly embracing technological innovation. With its recent expansions and strategic acquisitions, the company has proven it has the team, resources, and strategies to provide reliable, efficient, and low-cost services that help communities around the world strengthen their financial connection to their homeland."
Since its founding, LemFi has served over 2 million users in the US, UK, Canada, and Europe. In January 2025, the company secured a $53 million Series B funding round, bringing its total funding to over $86 million, with participation from leading investors such as Highland Europe, LeftLane Capital, Endeavor Capital, and Y Combinator.