Market research reports detail the analysis, opinions, and estimates of research department of Alinma Capital on selected stocks, sectors and macroeconomic developments with the primary objective of enabling clients to make informed and timely investment decisions.
Ticker Research Name Research Date Downloads
2223 Saudi Aramco Base Oil Company (Luberef) 07-11-2024 Download
4261 Theeb Rent a Car Company 08-08-2024 Download
- Budget Statement 2025: Staying the (growth) Course! 11-12-2024 Download
- KSA 1Q 2025 Budget Performance Report  08-05-2025   Download
4261  Theeb Rent a Car Company Q1 2025 19-05-2025   Download
2223  Saudi Aramco Base Oil Company (Luberef) 21-05-2025   Download
4321 Cenomi Centers 20-07-2025   Download
 -  KSA 2Q2025 Budget Performance Report 05-08-2025   Download
2223  Saudi Aramco Base Oil Company (Luberef) 07-08-2025   Download
 4194  Marketing Home Group for Trading Company (Build Station) 02-09-2025   Download
4100   Makkah Construction & Development (MCDC) 21-09-2025  Download
 KSA pre-budget 2026-A balancing act between growth & fiscal consolidation 02-10-2025  Download
4325   Umm Al Qura For Development & Construction Company (Masar).  15-10-2025   Download
4100   Makkah Construction & Development Company  09-11-2025   Download
-  Oct-25: Demand exhibited continued strong momentum 11-11-2025   Download
 4325  Masar: Accelerated progress on land sale; retain Neutral rating  17-11-2025  Download
 2223  Luberef: Strong earnings delivery in 3Q, optimism on projects remains; Buy 20-11-2025   Download
 2223   Luberef: Major milestone achieved of securing feedstock; Reiterate Buy 07-12-2025  Download
 -  KSA Cement Nov-25: Another stellar month for sales; underperformance increased 10-12-2025   Download
 4321  Cenomi Centers: Latest developments strengthen the investment case; Buy (TP: SAR25.6) 11-12-2025 Download
 4262  Lumi Rental Company: Twin drags set to wear off; double-digit EPS growth, +ve FCF seen  22-01-2026  Download
 2223  Luberef: Ended 2025 on a strong note, major developments seen in 2026 11-02-2026  Download 
 KSA Cement Jan-2026: Good start to a new year; 4Q25 results in focus 11-12-2025  Download