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Al Masafi Capital Rise
On November 11, 2026, the Saudi Arabian Refineries Company submitted an application to the Capital Market Authority to increase its capital from SAR 150 million to SAR 450 million through a rights issue of 30 million shares at SAR 10 per share, raising a total of SAR 300 million. The proposed increase remains subject to regulatory approvals, including approval from the Capital Market Authority and a vote by the company’s shareholders at an extraordinary general assembly.
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