UAE - Mubasher: O Gold, the UAE’s first Emirati app for fractional gold and silver ownership, has partnered with botim, Astra Tech’s flagship AI-powered fintech, to expand gold investments in the botim ecosystem. Upon an agreement signed in 2023, …
Cairo - Egypt: Electro Cable Egypt logged lower consolidated net profits at EGP 486.42 million in the first half (H1) of 2025, compared with EGP 1 billion in H1-25. Earnings per share (EPS) halved to EGP 0.15 in H1-25 from EGP 0.30 in H1-24, …
Cairo - Mubasher: PALM, Egypt’s first incentivized goal-based investment platform, has officially launched, according to a press release. The launch followed a pre-seed round led by 4DX Ventures, with Plus VC and global angel investors also …
Riyadh - Mubasher: Saudi mobile gaming studio Sheba Joy has raised $293,000 (SAR 1.10 million) pre-seed funding led by venture capital (VC) Merak Capital. The funding will scale production, attract talent, and establish commercially successful …
Riyadh - Mubasher: Pioneers Properties for Urban Development (PRE Group) registered an annual fall in consolidated net profits to EGP 504.22 million during the first half (H1) of 2025, versus EGP 1.33 billion. Earnings per share (EPS) reached EGP …
Abu Dhabi – Mubasher: First Abu Dhabi Bank (FAB) has issued a HKD 390 million ($50 million) Blue Bond, marking the first-ever Blue Bond issued by a financial institution in the Gulf countries. The five-year issuance anchors FAB’s position in …
Riyadh - Mubasher: The consolidated net profits of Gadwa for Industrial Development hit EGP 641 million in the first half (H1) of 2025, marking a 46.91% year-on-year (YoY) drop from EGP 1.20 billion. Total revenues dropped to EGP 9.09 billion as …
Abu Dhabi - Mubasher: Abu Dhabi National Oil Company (ADNOC) has signed a 15-year sales and purchase agreement (SPA) with Indian Oil Corporation Limited (IndianOil) for 1 million tons per annum (mtpa) of liquefied natural gas (LNG) from its Ruwais …
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 and USD, as …
Cairo – Mubasher: The Central Bank of Egypt (CBE) announced treasury bills (T-bills) at a combined value of EGP 85 billion through two tranches on Thursday, 28 August. The first auction stood at EGP 35 billion and will mature in 182 days on 3 …
Riyadh - Mubasher: Journify has expanded its footprint into Saudi Arabia through a partnership with AstroLabs, the Gulf region’s leading business expansion platform, according to a press release. Journify’s Saudi expansion comes during a period of …
Cairo – Mubasher: Orascom Construction logged a consolidated backlog of $9.60 billion in the first half (H1) of 2025, according to the financial results. Earnings before interest, taxes, depreciation, and amortization (EBITDA) hit $139.40 million …
Cairo – Mubasher: Egyptian Chemical Industries (Kima) generated net profits after tax valued at EGP 999.97 million in fiscal year (FY) 2024/25, down year-on-year (YoY) from EGP 2.53 billion. Basic earnings per share (EPS) plunged to EGP 0.50 at …
Cairo – Mubasher: Egypt's exports to the UAE hiked by 153.30% to $3.80 billion in the first half (H1) of 2025 from $1.50 billion in H1-24, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). On the other hand, the …
Riyadh – Mubasher: Flynas Company has resumed direct flights between Jeddah and Kuwait as of 1 November to further expand its network in line with its growth and expansion plan. This aligns with national objectives in the aviation and tourism …
UAE – Mubasher: Maalexi, a cross-border agri-trade end-to-end transaction platform, has secured a shariah-compliant credit facility of up to $20 million from Amwal Capital Partners (ACP), an independent firm specializing in alternative investments …
Cairo – Mubasher: ElSaeed Contracting and Real Estate Investment Company posted consolidated net profits after tax valued at EGP 99.49 million in the first half (H1) of 2025, an annual growth from EGP 75.90 million. Operating revenues declined to …
Cairo - Mubasher: Egyptian Financial and Industrial (EFIC) registered an annual drop of 18.33% in consolidated net profits after tax to EGP 644.22 million during the first half (H1) of 2025, versus EGP 788.88 million. Sales hit EGP 5.34 billion …
Riyadh - Mubasher: Impact46 has acquired the Saudi game development studio Kammelna in exchange for $53 million (SAR 200 million). This investment will accelerate new cultural games, expansion, and global reach, according to a press release. …
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 and USD, as …
Dubai - Mubasher: Emirates NBD has upsized syndicated conventional and Islamic term facilities for Dar Global, the wholly-owned subsidiary of Dar Al Arkan Real Estate Development Company, by $165 million, bringing the total amount to $440 million. …
UAE – Mubasher: UAE-based edtech platform Cointel has raised $7.40 million in a strategic funding round led by Avalanche and joined by Sugafam Inc. The funding will accelerate North American expansion in the fourth quarter (Q4) of 2025, following …
UAE - Mubasher: The GCC markets have dominated Dubai Chamber of Commerce’s list of global destinations for its members’ exports and re-exports during the first half (H1) of 2025, according to a press release. The GCC region represented 48.60% of …
UAE - Mubasher: Dubai-based proptech Holo has secured a $22 million Series A led by Saudi Arabia’s Impact46, according to a press release. The fundraising transaction witnessed the participation of Mubadala, Rua Growth Fund, anb seed, and MoreThan …
Riyadh - Mubasher: Diriyah Company, owned by the Public Investment Fund (PIF), has signed a strategic memorandum of understanding (MoU) with the Saudi Research and Media Group (SRMG). The agreement aims to expand media collaboration and support …
