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20 August 01:44 AM

UAE news

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19 August 12:07 PM 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 …
Mutual Funds
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19 August 11:00 AM Professional.me secures $3.1m funding round to fuel regional expansion plans
UAE – Mubasher: Abu Dhabi-based HRtech Professional.me has raised $3.1 million in seed funding led by Raha Beach Ventures, bringing its total to $4.6 million, according to a press release. The company will use the funding to expand its engineering …
Global Economy
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18 August 02:05 PM Agility Global’s net profits fall to $75m in H1-25
Abu Dhabi - Mubasher: Agility Global witnessed an annual drop of 14.98% in net profits to $75.08 million during the first half (H1) of 2025, compared to $88.32 million. The group reported basic and diluted earnings per share (EPS) amounting to …
Financial Results
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18 August 11:23 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 …
Trading Activities
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17 August 04:59 PM GMPC reports 46% surge in H1-25 net profits
Abu Dhabi - Mubasher: Gulf Medical Projects Company (GMPC) achieved AED 69.68 million in net profits after tax during the first six months (6M) of 2025, higher by 46.32% year-on-year (YoY) than AED 47.62 million. Revenues stood at AED 365.41 …
Financial Results
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17 August 04:49 PM Manazel posts lower net losses in H1-25
Abu Dhabi - Mubasher: Manazel incurred net losses after tax valued at AED 737,000 in the first six months (6M) of 2025, compared to AED 59.89 million in the same period of 2024. Diluted and basic loss per share stood at AED 0.00028 as of 30 June …
Financial Results
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17 August 04:44 PM Gulf Navigation swings to profitability in H1-25; revenues leap 110% in Q2-25
Dubai - Mubasher: Gulf Navigation Holding reported AED 463,000 in net profits after tax during the first half (H1) of 2025, versus net losses of AED 24.69 million in H1-24. Revenues surged to AED 54.35 million in the first six months (6M) of 2025 …
Financial Results
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17 August 01:45 PM Palm Hills achieves highest-ever H1 results, expects EGP 300bn sales from Abu Dhabi project
Cairo – Mubasher: The consolidated net profits after tax and minority interest of Palm Hills Developments Company hiked by 43% to EGP 2.44 billion in the first half (H1) of 2025 from EGP 1.70 billion in H1-24. Earnings per share (EPS) amounted to …
Companies Investments
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17 August 01:05 PM 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 …
Banking and Finance
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17 August 11:51 AM Shuaa Capital delivers solid financial performance with AED 217m profits in H1-25
Dubai – Mubasher: Shuaa Capital shifted to net profits after corporate tax valued at AED 217.12 million in the first half (H1) of 2025, against net losses of AED 125.61 million in H1-24. Earnings per share attributable to the owners hit AED 0.06 …
Financial Results
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17 August 10:46 AM GFH’s profits to owners surpass $67m in H1-25; dividends proposed
Mubasher: The net profits attributable to the shareholders of GFH Financial Group jumped by 10.69% to $67.23 million in the first half (H1) of 2025 from $60.74 million a year earlier. Total income hit $357.06 million in H1-25, up 7.48% …
Financial Results
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17 August 10:04 AM EFG Holding delivers strong performance in H1-25 despite geopolitical volatility in MENA
Cairo – Mubasher: EFG Holding generated EGP 2.86 billion in consolidated net profits after tax during the first half (H1) of 2025, compared to EGP 3.16 billion in H1-24.  Revenues amounted to EGP 11.52 billion in H1-25, an annual plunge from EGP …
Financial Results
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14 August 10:27 PM MENA-focused Valu’s net income surges 64% in H1-25
Cairo – Mubasher: U Consumer Finance (Valu) recorded 64% year-on-year (YoY) higher net income at EGP 341 million during the first half (H1) of 2025, according to the financial results. The gross revenue hiked by 94% YoY to EGP 2.60 billion at the …
Global Economy
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14 August 08:48 PM Bitcoin MENA 2025 reaffirms Abu Dhabi as global hub for digital asset innovation – ADNEC’s Al Dhaheri
Mubasher: Bitcoin MENA will take place at the ADNEC Centre Abu Dhabi on 8-9 December 2025, marking a premier event for Bitcoin and cryptocurrency innovation in the Middle East, according to a press release. The two-day event is co-organized by …
Global Economy
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14 August 05:55 PM Air Arabia’s revenues cross AED 3.4bn in H1-25; profits jump 11%
Dubai – Mubasher: Air Arabia recorded net profits after tax amounting to AED 655.01 million in the first half (H1) of 2025, up 11% year-on-year (YoY) from AED 631.34 million. The revenues grew by 8% to AED 3.44 billion in H1-25 from AED 3.19 …
Financial Results
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14 August 04:50 PM RAK Properties logs 80% surge in H1-25 net profits
Abu Dhabi - Mubasher: RAK Properties registered AED 160.59 million in net profits after tax in the first half (H1) of 2025, an annual hike of 80% from AED 89.05 million. Basic and diluted earnings per share (EPS) hit AED 0.05 as of 30 June 2025, …
Real estate
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14 August 04:21 PM Julphar turns into profitability in H1-25 backed by operations in Egypt
Abu Dhabi - Mubasher: Gulf Pharmaceutical Industries (Julphar) swung to profitability at AED 158.20 million in the first half (H1) of 2025, against net losses of AED 2.40 million in H1-24. Basic and diluted earnings per share stood at 13.70 fils …
Financial Results
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14 August 01:40 PM DSI’s revenues leap 57% in H1-25 due to restructuring plan
Dubai – Mubasher: Drake & Scull International (DSI) generated net profits amounting to AED 6.50 million in the first half (H1) of 2025, according to the financial results. Revenue increased by 57% to AED 77.90 million in H1-25 from AED 49.70 …
Financial Results
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14 August 12:06 PM Amanat Holdings reports 5% growth in H1-25 net profits
Dubai - Mubasher: Amanat Holdings registered AED 93.20 million in net profits for the six-month period that ended 30 June 2025, up 5% year-on-year (YoY) from AED 89.11 million. The company generated 6% YoY higher net profits from continuing …
Financial Results
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14 August 08:53 AM TAQA’s revenues up 4.5% in H1-25; dividends for Q2 approved
Abu Dhabi – Mubasher: Abu Dhabi National Energy Company (TAQA) recorded net profits after tax amounting to AED 3.93 billion in the first half (H1) of 2025, compared to AED 4.76 billion in H1-24. The revenues jumped by 4.50% to AED 28.42 billion in …
Cash Dividends
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14 August 07:53 AM e7 Group records 66.5% lower profits in H1-25
Abu Dhabi – Mubasher: The net profits of e7 Group dropped by 66.50% to AED 30.56 million in the first half (H1) of 2025 from AED 91.13 million in H1-24, according to the financial results. Revenues witnessed a 3.10% year-on-year (YoY) decline to …
Financial Results
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13 August 11:45 PM Region’s startup accelerator platform Flat6Labs, F6 Ventures launch F6 Group
Cairo – Mubasher: Newly launched seed-stage investment firm F6 Ventures has teamed up with the region's most recognized startup accelerator platform Flat6Labs to inaugurate F6 Group as an entity integrating venture capital (VC) and entrepreneurial …
Companies Investments
First Abu Dhabi Bank Misr (FABMISR)
13 August 08:43 PM FABMISR records 12% growth in H1-25 core business performance; customer deposits hit EGP 288.5bn
Cairo – Mubasher: First Abu Dhabi Bank Misr (FABMISR), the banking business of the UAE listed FAB in Egypt, has delivered a 12% annual growth in core business performance in net profits after neutralizing the FX impact during the first half (H1) …
Financial Results
AJEX Logistics Services
13 August 07:55 PM Middle East-focused AJEX expands B2C services across GCC countries
Riyadh – Mubasher: AJEX Logistics Services, a Saudi-headquartered Middle East specialist in e-commerce distribution and logistics solutions, has expanded its B2C Full Mile and Last Mile delivery services to a number of GCC countries. The newly …
Global Economy
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13 August 07:08 PM Al Ansari Financial Services’ net profits cross AED 212m in H1-25
Dubai - Mubasher: The net profits after tax of Al Ansari Financial Services reached AED 212.24 million in the first half (H1) of 2025, marking a 3% increase from AED 205.47 million.              Operating income jumped by13% to AED 634.36 million …
Financial Results