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Starlink
3 hours ago Starlink officially launches services in UAE
UAE – Mubasher: Starlink, SpaceX’s satellite internet service, has launched in the UAE, offering residential plans starting at AED 230 per month and business plans from AED 248. Meanwhile, Starlink adds a new connectivity layer to a market largely …
Jazeera Airways
3 hours ago Jazeera Airways restores Kuwait–India connectivity under Vande Bharat
Mubasher: Jazeera Airways has relaunched flights to six Indian cities from Kuwait via Qaisumah Airport (AQI) in Hafar Al Batin under the Vande Bharat project, according to a press release. This marks the first travel connection between Kuwait and …
Jazeera Airways Establishes Strong Kuwait–Egypt Connectivity
03:05 AM Jazeera Airways enhances Kuwait–Egypt route during current regional situation
Mubasher: Jazeera Airways has strengthened connectivity between Kuwait and Egypt to support essential travel during the current regional situation and local airport closures, according to a press release. The Kuwaiti airline operates flights to …
SAL Project at King Khalid International Airport in Riyadh
03:57 AM Elsewedy Electric’s subsidiary leads expansion of SAL project at Riyadh airport
Cairo – Mubasher: Rowad Modern Engineering, a subsiaidry of the Egyptian company Elsewedy Electric, has commenced the development and expansion project for the facilities of Saudi Logistics Services Company (SAL) at King Khalid International …
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03:28 AM Modon’s unit partners with Presight to deploy advanced AI solutions
Abu Dhabi – Mubasher: ADNEC Group, a subsidiary of Modon Holding, has signed a memorandum of understanding (MoU) with big data analytics company Presight AI Holding to deploy advanced AI solutions within ADNEC’s event venues. The initiative is …
Crescent Petroleum
01:49 AM Crescent Petroleum transfers shareholding in Dana Gas
Abu Dhabi – Mubasher: Dana Gas stated that CP Upstream Holding (DG) Limited’s ownership percentage has reached 20%, based on the records received from the Abu Dhabi Securities Exchange (ADX). This announcement was made as Crescent Petroleum …
Majid Al Futtaim
18 March 04:06 PM Majid Al Futtaim’s consolidated revenues hit AED 35.9bn in 2025
UAE – Mubasher: Majid Al Futtaim delivered double-digit EBITDA and net profit growth, strong cash generation, and a record strength in its balance sheet, according to the financial results. The consolidated revenue hit AED 35.90 billion at the end …
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18 March 10:58 AM Prices of investment funds including certificates in EGP, USD
Cairo – Mubasher: According to updated data, Mubasher is featuring mutual funds along with relevant prices based on the latest closing. Below you can find the names of investment funds as well as the price of each certificate in EGP, except for …
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18 March 10:05 AM Presight unveils 1st AI fund investments via AI Innovation Ecosystem
Abu Dhabi - Mubasher: Presight AI Holding announced the first six AI companies selected to receive investment through its AI Innovation Ecosystem, according to a press release. The investments are part of the Presight–Shorooq Fund I (PSFI), a $100 …
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18 March 10:04 AM Asas Makeen pens SAR 63m villas development deal in Riyadh
Riyadh - Mubasher: Asas Makeen Real Estate Development and Investment Company inked a SAR 63.08 million real estate development agreement with Awa'id Al-Hada Company to develop a residential villas project in Al-Hada district, Riyadh. Asas Makeen …
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18 March 09:56 AM SIIG, Unibio to develop world's largest single-cell protein plant in Saudi Arabia
Riyadh - Mubasher: The Saudi Industrial Investment Group (SIIG) and Unibio International PLC inked a SAR 1.40 billion deal to establish the world’s largest single-cell protein plant in Jubail Industrial City. SIIG will hold an 80% stake in the …
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18 March 09:43 AM Jazeera Airways resumes flights to UAE via Qaisumah Airport
Mubasher: Jazeera Airways will resume daily flights between Kuwait and Al Ain starting 18 March via Qaisumah Airport, as part of efforts to maintain connectivity amid ongoing disruptions at Kuwait International Airport. The route marks the first …
BHM Capital
18 March 03:41 AM Regional liquidity provider BHM Capital launches market making operations in Bahrain
Dubai – Mubasher: BHM Capital has officially commenced its market making operations on Bahrain Bourse (BHB), reinforcing its position as a regional liquidity provider. The launch of these operations on BHB follows the successful completion of all …
Construction Progress at DIR's Danah Bay Project
18 March 03:57 AM Dubai Investments says projects progressing in line with planned schedules
Dubai – Mubasher: Dubai Investments, through its wholly owned subsidiary Dubai Investments Real Estate (DIR), continues to advance construction activity across its real estate portfolio. The listed property developer stated that projects are …
ADNH Catering
18 March 03:29 AM ADNH Catering unveils changes in CEO position
Abu Dhabi – Mubasher: ADNH Catering has announced that Clive William Cowley will be stepping down as CEO effective 31 March 2026 after serving in this position for more than five years, according to a bourse disclosure. Meanwhile, Cowley will …
Abu Dhabi Aviation
18 March 02:50 AM Abu Dhabi Aviation appoints Al Mulla as Chairman; shareholders elect new board
Abu Dhabi – Mubasher: The shareholders of Abu Dhabi Aviation have elected a new board of directors for a new term until 2029, during the annual general meeting on 12 March 2026. The board, subsequently convened on 17 March, appointed Mansour Al …
Al Mal Capital REIT (AMCREIT)
17 March 03:41 PM Al Mal Capital REIT announces AED 26.5m cash dividends for 2025
Dubai - Mubasher: Al Mal Capital REIT (AMCREIT), a subsidiary of Dubai Investments, unveiled a dividend of 3.75 fils per unit for the second half (H2) of 2025. The total distribution amounts to AED 26.29 million, higher than AED 19.27 million in …
Cambridge Health
17 March 02:03 PM Cambridge Health completes 100% takeover of Saudi Sukoon International
Dubai - Mubasher: Cambridge Health Group, a subsidiary of Amanat Holdings, has completed the acquisition of the remaining minority interest in Sukoon International Holding Company, a Saudi Arabia-based provider of acute extended care, …
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17 March 01:17 PM Drake & Scull logs lower profits in 2025; accumulated losses hit AED 1.6bn
Dubai - Mubasher: The consolidated net profits of Drake & Scull International reached AED 47.09 million in 2025, which reflected a year-on-year (YoY) plunge from AED 3.75 billion. The basic loss per share totaled AED 0.02 at the end of 2025, …
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17 March 12:13 PM Aramex launches 1st regional healthcare hub in Dubai South Free Zone
Dubai - Mubasher: Aramex has opened its first regional healthcare and pharmaceutical hub in the Dubai South Free Zone, certified by the UAE Ministry of Health and Prevention, expanding its capabilities in the life sciences and medical supply chain …
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17 March 11:21 AM Prices of investment funds including certificates in EGP, USD
Cairo – Mubasher: According to updated data, Mubasher is featuring mutual funds along with relevant prices based on the latest closing. Below you can find the names of investment funds as well as the price of each certificate in EGP, except for …
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16 March 01:32 PM Awqaf Abu Dhabi, MAIR Group partner on AED 200 million development projects
Abu Dhabi - Mubasher: The Endowments and Minors’ Funds Authority (Awqaf Abu Dhabi) has signed a memorandum of understanding (MoU) with MAIR Group to develop AED 200 million worth of projects on endowed land. The initiative backs the ‘Mother of the …
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16 March 11:59 AM Jazeera Airways launches Kuwait-Istanbul flights via Qaisumah
Mubasher: Jazeera Airways has begun operating flights between Kuwait City and Istanbul via Qaisumah Airport in Hafar Al Batin, Saudi Arabia, as part of the airline’s efforts to maintain passenger mobility amid the current regional situation. The …
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16 March 11:00 AM Prices of investment funds including certificates in EGP, USD
Cairo – Mubasher: According to updated data, Mubasher is featuring mutual funds along with relevant prices based on the latest closing. Below you can find the names of investment funds as well as the price of each certificate in EGP, except for …
Photo Archive
15 March 04:01 PM ADNIC’s equityholders greenlight AED 268m dividends for 2025
Abu Dhabi - Mubasher: The shareholders of Abu Dhabi National Insurance Company (ADNIC Group) approved the distribution of 47% cash dividends, AED 267.90 million, for 2025. The ADX-listed company will pay out a dividend of AED 0.47 per share, …