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24 February 11:46 PM

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03:35 PM DTC logs 7% higher profits in 2025; dividend for H2 approved
Dubai - Mubasher: Dubai Taxi Company (DTC) registered an annual growth of 7% in net profits after tax to AED 356.07 million during 2025, compared with AED 331.28 million. The earnings per share (EPS) totaled AED 0.14 in the January-December 2025 …
Financial Results
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02:01 PM Presight-Shorooq $100m AI Fund backs five startups in 3 months
UAE - Mubasher: The Presight-Shorooq Fund I, a $100 million global AI innovation fund, has invested in five AI startups across the US and UAE in its first quarter (Q1) of operations. The fund targets high-potential AI companies led by experienced …
Global Economy
Ahmed Alkhoshaibi, Group CEO of Arada and Kamal Farah, Director, ECC.
12:18 PM Arada awards AED 1.5bn development deal to Engineering Contracting
UAE - Mubasher: Arada has appointed UAE-based Engineering Contracting Company as the main contractor for W Residences at Dubai Harbour under the terms of AED 1.55 billion deal. The partnership covers the construction of three towers delivering 490 …
Companies Investments
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11:34 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 …
Mutual Funds
UAE and US Flags
03:55 AM Abu Dhabi, US commerce chambers partner to boost investment; bilateral non-oil trade hits AED 111bn in 9M-25
UAE – Mubasher: The Abu Dhabi Chamber of Commerce and Industry has signed a cooperation agreement with the US Chamber of Commerce to enhance investment opportunities, exchange expertise, and reinforce communication channels between the business …
Macroeconomics
Al Habtoor Group
03:50 AM Al Habtoor issues statement on international arbitration in Washington
UAE – Mubasher: Al Habtoor Group, one of the region’s largest conglomerates, has confirmed the formal appointment of White & Case, one of the world’s leading international law firms specializing in sovereign disputes and treaty-based investment …
Global Economy
Abu Dhabi National Company for Building Materials (BILDCO)
03:30 AM BILDCO generates AED 46m revenue in 2025; accumulated losses hit 120.37% of capital
Abu Dhabi – Mubasher: Abu Dhabi National Company for Building Materials (BILDCO) reported AED 46.07 million worth of net revenues in 2025, which signaled a decline from AED 52.46 million in 2024, according to a bourse disclosure. The company …
Financial Results
Invest Bank
03:04 AM Invest Bank turns profitable at AED 161.5m in 2025, unveils accumulated losses value
Abu Dhabi – Mubasher: Invest Bank has shifted to net profits after tax worth AED 161.46 million in 2025, versus net losses of AED 189.29 million in 2024. The earnings per share (EPS) stood at AED 0.0006 in 2025, against a loss per share of AED …
Management Decisions
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23 February 01:46 PM Marafiq secures regional, global financing for $500m Amiral wastewater treatment project
Riyadh - Mubasher: Power and Water Utility Company for Jubail and Yanbu (Marafiq) has completed the financial closure of the Amiral Industrial Wastewater Treatment and Reuse Project in Jubail Industrial City 2, which is valued at $500 million …
Global Economy
Photo Archive
23 February 01:14 PM Beltone denies stake acquisition by Al Ansari Financial
Cairo - Mubasher: Beltone Holding has denied having any information regarding a potential stake acquisition by UAE-based Al Ansari Financial Services, according to a bourse filing. This comes in response to reports claiming that Al Ansari …
Mergers and Acquisitions
Photo Archive
23 February 12:37 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 for …
Mutual Funds
Air Traffic Control Tower
23 February 03:18 AM Passenger traffic in Middle East likely to exceed 240m in 2026 – Report
Mubasher: Aiming to enhance safety, efficiency, and performance levels, airport operations digitalization is progressing rapidly to handle the increasing number of global passengers, with the traffic in the Middle East region alone expected to …
Global Economy
Abu Dhabi Real Estate Centre (ADREC)
23 February 03:49 AM FDI in Abu Dhabi's real estate hits AED 8.2bn in 2025 – Report
Mubasher: The real estate market in Abu Dhabi recorded total property transactions worth AED 142 billion generated from 42,814 deals in 2025, according to a report by the Abu Dhabi Real Estate Centre (ADREC). The registered income represented a …
Sector Reports
Jazeera Airways
23 February 03:36 AM Jazeera Airways introduces option to lower barriers for traveling through agile digital innovation
Mubasher: Jazeera Airways, the low-cost carrier operating worldwide, has become the first Kuwaiti airline to launch deema, the first licensed Buy Now, Pay Later (BNPL) payment solution in Kuwait. This move marks the fastest-ever airline …
Companies Investments
Photo Archive
23 February 02:33 AM Mashreq prices $500m additional bond offering; MENA investors represent majority of orderbook
Dubai – Mubasher: Mashreq Bank has successfully priced a $500 million Additional Tier 1 bond offering with a coupon of 6.25% per annum on Thursday, 12 February 2026. The transaction was expected to see competing supply from UAE banks, lined up to …
Banking and Finance
First Abu Dhabi Bank Misr (FABMISR)
23 February 01:55 AM FABMISR launches initiative to support transition to green economy
Cairo – Mubasher: First Abu Dhabi Bank Misr (FABMISR), a subsidiary of the UAE listed FAB, has announced the launch of the ‘Green Schools for a Sustainable Future’ initiative to promote the transition to a green economy in Egypt, according to a …
Banking and Finance
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22 February 02:30 PM Lumi boosts regional mobility network with new branch in Qassim
Riyadh - Mubasher: Lumi Rental Company has opened its new branch in Qassim to reinforce its regional expansion strategy and respond to rising demand for mobility services in the central Northern region. The launch aims to enhance convenience and …
Companies Investments
Photo Gallery
22 February 02:04 PM Emirates NBD expands precious metals offering with branded silver bars
Dubai - Mubasher: Emirates NBD has launched Emirates NBD-branded silver bars, expanding its precious metals portfolio for retail and high-net-worth investors seeking secure access to physical silver. The bars are available in denominations of 100 …
Companies Investments
Photo Gallery
22 February 01:22 PM GCC-focused Euro Systems launches business in Saudi Arabia
Riyadh - Mubasher: Euro Systems, a leading provider of innovative architectural solutions across the GCC region, has launched its first showroom in Saudi Arabia. This step marks the company's entry into the Kingdom’s rapidly evolving architectural …
Companies Investments
Easy Cash
22 February 12:29 PM Easy Cash’s transactions cross EGP 1bn in 2025; GCC expansion plans unveiled
Mubasher: Easy Cash served over 15,000 active merchants and more than 500,000 end users, processing transactions exceeding EGP 1 billion in 2025, according to a press release.  Murad El Ashry, the CEO of Easy Cash, noted that the platform aims …
Banking and Finance
Photo Archive
22 February 11:25 AM Mubadala Energy takes over 15% stake in Egypt’s Nargis offshore concession
Mubasher: Mubadala Energy has acquired a 15% participating interest in Egypt’s Nargis offshore area concession from Eni, according to a press release. Following the transaction, Eni now holds a 30% contractor interest in the concession through its …
Companies Investments
Photo Archive
22 February 10:49 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 …
Mutual Funds
Photo Archive
22 February 05:23 AM Emirates Driving Company announces intent to acquire a majority stake in performise labs
Abu Dhabi – Mubasher: Emirates Driving Company, a subsidiary of 2PointZero Group, has announced its intention to acquire a 51% majority stake in AI solutions firm Performise Labs, according to a bourse disclosure. Subject to regulatory approvals …
Mergers and Acquisitions
MAIR Group
22 February 04:52 AM MAIR Group expands in UAE with 1st entry into Dubai market
Abu Dhabi – Mubasher: MAIR Group has launched Makani Al Mizhar community center in Dubai, alongside the opening of an advanced ADCOOP retail store within the center, according to a bourse filing. This opening marks MAIR Group’s first entry into …
Companies Investments
Emirates Telecommunications Group Company (e&)
22 February 04:40 AM e& announces updated shareholding in global entity Vodafone
Abu Dhabi – Mubasher: Emirates Telecommunications Group Company (e&) unveiled that its shareholding in the multinational global entity Vodafone Group plc has reached 17.0050%, according to a bourse disclosure. e& noted that the updated …
Mergers and Acquisitions