Dubai – Mubasher: Talabat Holding, the on-demand online ordering and delivery platform in the MENA region, announced $222 million worth of net income during the first half (H1) of 2025, marking a 90% growth from $117 million in H1-24. The gross …
Cairo - Mubasher: EFG Hermes, an EFG Holding company, has advised on the AfricInvest-led consortium's full exit from Masria Digital Payments (MDP), the leading payments technology infrastructure provider in the MENA region, according to a press …
Riyadh - Mubasher: SNB Capital has completed a SAR 7.10 billion ($1.90 billion) rights issue for ACWA Power on the Saudi Exchange (Tadawul), marking one of the region's largest capital increases by value. The transaction involved issuing 33.93 …
Cairo - Mubasher: B Healthcare Investments Company, a subsidiary of B Investments Holding, is close to securing final approvals for a capital increase to EGP 1 billion. The proceeds of the capital hike will be utilized to fund the subsidiary’s …
Dubai – Mubasher: Aramex logged net profits amounting to AED 7.85 million in the first half (H1) of 2025, down 84% year-on-year (YoY) from AED 49.45 million. Revenues increased by 1% to AED 3.06 billion in the January-June 2025 period from AED …
Abu Dhabi – Mubasher: ADNOC Distribution has recorded double-digit growth in its EBITDA and net profit for the first half (H1) of 2025, exceeding analyst expectations, and announced its dividend plan, according to a press release. The company …
Abu Dhabi - Mubasher: Agthia Group reported net profits worth AED 49.07 million during the first half (H1) of 2025, marking a year-on-year (YoY) plunge from AED 189.98 million. Revenues from contracts with customers fell to AED 2.42 billion as of …
Dubai – Mubasher: Emaar Properties achieved a net profit before tax worth AED 10.40 billion ($2.80 billion) in the first half (H1) of 2025, recording a growth of 34% compared to H1-24, according to a press release. In terms of sales growth, the …
Abu Dhabi – Mubasher: Abu Dhabi Islamic Bank (ADIB) has partnered with Visa to launch Remit! as a new real-time cross-border money transfer service powered by Visa Direct. Under the collaboration, ADIB customers will be able to send money to more …
Abu Dhabi - Mubasher: Phoenix Group shifted to net losses attributable to shareholders valued at $182.76 million in the first half (H1) of 2025, against net profits of $122.28 million. Meanwhile, the revenues plummeted to $60.39 million in H1-25 …
Abu Dhabi – Mubasher: Alpha Dhabi Holding posted higher net profits at AED 6.62 billion in the first half (H1) of 2025, compared to AED 6.68 billion a year earlier. Revenues jumped by 23% to AED 35.85 billion in H1-25 from AED 29.31 billion in …
Abu Dhabi – Mubasher: First Abu Dhabi Bank (FAB) has endorsed its global footprint after launching a new London branch, with the relocation celebrating FAB’s nearly five-decade presence in the UK and affirming the bank’s commitment to London as a …
Abu Dhabi – Mubasher:The net profits of National Marine Dredging Company (NMDC) hiked by 20% year-on-year (YoY) to AED 1.75 billion in the first half (H1) of 2025 from AED 1.46 billion. Revenue from contracts with customers increased by 10% to AED …
Abu Dhabi - Mubasher: Noatum Maritime, a subsidiary of AD Ports Group (AD Ports), has inaugurated its first office in Shanghai to strengthen the group’s presence in Asia and expand its global maritime services network. The new office is part of …
Mubasher: The net profits attributable to the owners of Americana Restaurants International jumped by 15.70% year-on-year (YoY) to $92.50 million in the first half (H1) of 2025 from $80 million The cross-listed group generated revenues amounting …
Dubai – Mubasher: Mashreq Bank logged net profits after tax worth AED 3.47 billion in the first half (H1) of 2025, down 14% from AED 4.05 billion in H1-24. Total operating income went up by 1% year-on-year (YoY) to AED 6.18 billion as of 30 June …
Riyadh – Mubasher: Arabian Drilling has signed an agreement with a GCC-based company, marking its first offshore operation outside Saudi Arabia, according to a press release. The Saudi firm aims to expand its operations beyond its domestic market …
Abu Dhabi - Mubasher: Modon Holding generated net profits after tax valued at AED 2.11 billion in the first half (H1) of 2025, compared to AED 8.73 billion in the year-ago period. Revenues amounted to AED 6.54 billion at the end of June 2025, …
Dubai – Mubasher: The net income of Emirates NBD increased by 12% to AED 23.90 billion during the first half (H1) of 2025, backed by strong loan growth, regional expansion and innovative product offering. Lending soared by AED 41 billion (8%) in …
Abu Dhabi – Mubasher: The board of e7 Group has approved a one-off special dividend of AED 800 million as part of a strategic capital restructuring plan to enhance shareholder returns and optimize long-term value creation, according to a press …
Abu Dhabi – Mubasher: First Abu Dhabi Bank (FAB) recorded net profits after tax valued at AED 10.65 billion in the first half (H1) of 2025, an annual increase of 26% from AED 8.42 billion. Operating income jumped by 16% year-on-year (YoY) to AED …
UAE – Mubasher: Qlub, the ultra-fast payment system in restaurants, has raised $30 million in a new funding round to fuel global expansion, according to a press release. The transaction was co-led by Shorooq Partners and Cherry Ventures, with …
Cairo – Mubasher: Al Baraka Bank-Egypt has signed two key agreements totaling $100 million with the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a member of the Islamic Development Bank (IsDB) Group. With each …
Cairo – Mubasher: Johnson Controls–Hitachi Air Conditioning Middle East and Africa (Johnson Controls–Hitachi Air Conditioning MEA) along with Elsewedy Machinery, the trading arm of Elsewedy Electric Group, won a major HVAC contract for the …
Mubasher: Jazeera Airways has relaunched tree weekly direct flights to Abha in Saudi Arabia, according to an official statement. Abha is Jazeera Airways’ seventh destination in Saudi Arabia. Meanwhile, the resumption of this direct route between …