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20 September 10:00 AM

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18 September 05:53 AM Valu introduces 1st licensed BNPL experience with noon
Cairo - Mubasher: U Consumer Finance (Valu) has launched its digital onboarding feature on noon, the region’s largest digital marketplace, according to a press release. This move represents the first licensed buy-now, pay-later (BNPL) transaction …
Companies Investments
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18 September 05:51 AM Mashreq launches digital retail bank in Pakistan to boost global financial ecosystem
Dubai – Mubasher: Mashreq Bank has officially launched its full-service digital retail bank in Pakistan, marking the first full-scale international deployment of Mashreq’s digital banking platform outside the UAE. Mashreq Bank Pakistan’s …
Banking and Finance
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18 September 05:49 AM Emirates Islamic offers world's 1st sustainability-linked financing Sukuk of $500m
Dubai – Mubasher: Emirates Islamic Bank has successfully priced a $500 million sustainability-linked financing Sukuk, the first globally. The Sukuk attracted a strong demand with $1.20 billion and was oversubscribed 2.4 times, according to a press …
Sukuk and Islamic Finance
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17 September 08:55 AM Aman Holding, partners launch EGP 5bn vehicle financing initiative with Nissan Egypt
Cairo - Mubasher: Aman Holding, a 76%-owned subsidiary of Raya Holding for Financial Investments, has entered into a partnership with Bokra Holding, Rehla Rides (Arrw), and Nissan Egypt to provide financial facilities exceeding EGP 5 billion. The …
Companies Investments
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17 September 08:37 AM Space42, Viasat to launch Equatys JV for global D2D 5G service
Abu Dhabi- Mubasher: Space42 and Viasat, a global leader in satellite and secure communications, plan to form a joint venture (JV) to provide direct-to-device (D2D) services and upgrade mobile satellite services (MSS) to 5G. The venture, known as …
Global Economy
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16 September 09:17 AM Sohar International backs Oman-GCC energy project via $500m financing
Mubasher: Sohar International has signed a $500 million financing agreement with the Gulf Cooperation Council Interconnection Authority (GCCIA) to support the Oman-GCC electrical interconnection project. The venture is a major infrastructure …
Companies Investments
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16 September 07:46 AM Jamjoom Pharma partners with Bio-Thera to secure Cosentyx biosimilar in MENA
Riyadh – Mubasher: Jamjoom Pharmaceuticals Factory Company (Jamjoom Pharma) has signed a strategic commercialization agreement with Bio-Thera Solutions Limited, a global biopharmaceutical firm specializing in innovative therapies and biosimilars. …
Companies Investments
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14 September 08:05 AM EFG Hermes leads Orascom Construction’s listing on ADX
Cairo – Mubasher: EFG Hermes, a unit of EFG Holding, concluded advisory for its role as listing and financial advisor to Orascom Construction on its listing on the Abu Dhabi Securities Exchange (ADX). The trading of Orascom Construction’s shares …
Trading Activities
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11 September 06:22 PM Egyptian Resorts shifts to EGP 29.5m consolidated profits in H1-25
Cairo - Mubasher: Egyptian Resorts Company swung to consolidated net profits after tax valued at EGP 29.44 million in the first half (H1) of 2025, versus net losses of EGP 749.10 million in H1-24. The group generated operating revenues amounting …
Financial Results
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10 September 09:13 AM Cleopatra Hospital obtains OGM’s nod for capital hike
Cairo - Mubasher: The ordinary general meeting (OGM) of Cleopatra Hospital Group has approved a capital increase to EGP 724.72 million from EGP 721.89 million. Shareholders agreed to raise the company’s issued share capital by EGP 2.83 million, …
General News
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10 September 09:01 AM Aramco starts 2nd dollar-denominated offering
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) commenced the issuance of US dollar international trust certificates (Sukuk) on 10 September, according to a bourse filing. The offering, which is ending on 17 September, will constitute …
Global Economy
Bassem Lotfy, Head of Business Development at Fawry, and Ramadan Khalil, C-Founder and CEO at CDS Solutions
9 September 02:46 PM Fawry partners with CDS Solutions to boost digital payment integration in Egypt
Cairo - Mubasher: Fawry for Banking Technology and Electronic Payments has signed a strategic partnership with CDS Solutions, Odoo’s certified Golden Partner in Egypt, to integrate its point-of-sale (POS) systems directly with Odoo’s POS platform. …
Banking and Finance
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9 September 10:58 AM Suez Canal Bank inks $50m green financing deal with EBRD, GCF, EU
Cairo -Mubasher: Suez Canal Bank has signed a $50 million (EUR 42.60 million) financing package with the European Bank for Reconstruction and Development (EBRD), Green Climate Fund (GCF), and European Union (EU). The financing deal aims to boost …
Companies Investments
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9 September 07:16 AM Elsewedy Electric to pump $2.5bn investments in Algeria
Cairo – Mubasher: Elsewedy Electric Company signed a framework agreement with the Algerian Investment Promotion Agency (AAPI) to expand its business in the industrial and energy sectors. The EGX-listed company plans to invest $2.50 billion in key …
Companies Investments
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8 September 11:45 AM Adnoc Gas to join FTSE Emerging Index, expected to attract $250m investment
Abu Dhabi - Mubasher: ADNOC Gas is set to join the FTSE Emerging Index, part of the FTSE Russell Global Equity Index Series, on 22 September 2025. The company expects this move to boost its global investor profile, expand its shareholder base, and …
Companies Investments
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7 September 05:26 PM Orascom Development to pay EGP 0.38/share cash dividends
Cairo - Mubasher: Orascom Development Egypt will distribute a cash dividend of EGP 0.38 per share to shareholders, with the disbursement scheduled for 25 September 2025. The dividend, corresponding to coupon number 3, will be available to …
Real estate
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7 September 04:55 PM Telecom Egypt greenlights Helios’ binding offer for regional data hub
Cairo - Mubasher: Telecom Egypt’s board initially approved Helios Investments’ binding offer for a 75$–80% stake in a subsidiary that will own the Regional Data Hub (RDH). Under the proposed deal, Telecom Egypt will retain a 20%–25% stake in the …
Companies Investments
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7 September 04:20 PM Egypt Aluminum pens $3bn deal with Bahrain's Alba
Cairo - Mubasher: Egypt Aluminum has signed a memorandum of understanding (MOU) with Aluminium Bahrain (Alba) for a joint investment project estimated at $3 billion. The collaboration aims to set up an alumina refinery in Egypt, which is the …
Companies Investments
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7 September 03:37 PM Emaar Misr, Golden Coast to establish EGP 900bn project in Red Sea
Cairo - Mubasher: Emaar Misr for Development announced an integrated tourism project in the Red Sea, with expected investments of EGP 900 billion Through its unit, Sky Tower for Real Estate Development, the group signed a development agreement …
Real estate
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7 September 01:56 PM Raya Integration obtains EGP 1.1bn credit facility from Industrial Development Bank
Cairo - Mubasher: Raya Integration, a unit of Raya Holding for Financial Investments, has signed a credit facility deal worth EGP 1.13 billion with the Industrial Development Bank (IDB), according to a bourse disclosure. The financing will support …
Companies Investments
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4 September 12:59 PM Khazna secures $2.62bn financing led by ADCB, FAB to back international growth
UAE - Mubasher: Khazna Data Centers has secured a $2.62 billion financing facility, in partnership with Abu Dhabi Commercial Bank (ADCB) and First Abu Dhabi Bank (FAB), to fuel its UAE and international growth plans. Holding a tenor lasting up to …
Global Economy
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4 September 11:32 AM EMSTEEL supplies U-Type sheet piles for Suez Canal floating bridge
Abu Dhabi – Mubasher: EMSTEEL Building Materials has supplied 5,000 tons of high-quality U-type sheet piles for Egypt’s new floating movable bridge across the Suez Canal. The bridge is developed to enhance connectivity between the East and West …
Companies Investments
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4 September 10:24 AM ADNOC, RIQ forge $500m partnership to anchor Abu Dhabi’s global risk hub
Abu Dhabi – Mubasher: RIQ, the AI-native reinsurance platform purpose-built for the future of global risk transfer and a subsidiary of International Holding Company (IHC), entered into a strategic agreement with ADNOC. The partnership aims to …
Global Economy
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4 September 08:52 AM Saudi ADES pens SAR 808m agreement with QatarEnergy
Riyadh – Mubasher: ADES Holding Company inked a contract for offshore drilling services for its jackup rig, Aquamarine Driller, with QatarEnergy. The two parties signed the agreement on 2 September, with an estimated backlog of SAR 808 million …
Companies Investments
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4 September 08:34 AM TAQA-led consortium concludes financial closing of $4bn greenfield power plants in Saudi Arabia
Abu Dhabi – Mubasher Abu Dhabi National Energy Company (TAQA), Japan-based JERA Company, and Al Bawani Capital jointly announced the financial closing of two greenfield power plants in Saudi Arabia. The projects are Rihab ElAwal Power Company …
Companies Investments