News - Year: 2026

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Aug 11, 2026

Saudi Paper Manufacturing posts 262% surge in Q2 profit on higher volumes and margins

the company’s net profit attributable to shareholders climbed to SAR 50.35 million, an increase of 262.2% from SAR 13.90 million in the same period of 2025.

May 04, 2026

Takween Advanced Industries to Acquire Full Ownership of SAAF

Takween Advanced Industries (Takween) it has entered into a definitive Share Purchase Agreement (SPA) to acquire the remaining 70% of shares in Saudi Advanced Fabrics Company (SAAF) from JOFO Nonwoven Company Limited (JOFO).

Feb 26, 2026

Alujain Corporation and Beaulieu International Group announce strategic Joint Venture to locally produce synthetic fibres and non-wovens in Saudi Arabia

Alujain Corporation and Beaulieu International Group announced the signing of a Memorandum of Understanding for an envisaged strategic joint venture in the Kingdom of Saudi Arabia.