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Talabat Holding
3 hours ago MENA-focused Talabat generates $222m net income in H1-25, higher GMV of $4.5bn
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 …
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07:35 AM EFG Hermes advises on AfricInvest's exit from MENA-focused MDP
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 …
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11 August 03:32 PM SNB Capital leads SAR 7.1bn rights issue for ACWA Power; region’s largest capital hike
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 …
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11 August 01:38 PM B Investments Holding’s unit eyes regional expansion via EGP 1bn capital boost
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 …
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10 August 08:15 AM Aramex delivers AED 3bn revenues in H1-25 backed by regional logistics growth
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 …
ADNOC Distribution
7 August 07:41 PM ADNOC Distribution announces robust H1-25 results with 12% net profit growth; Egypt remains core focus market
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 …
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7 August 02:07 PM Agthia Group sees resilient performance in Q2-25 backed by profitability in Egypt
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 …
Emaar generates 34% higher net profit before tax in H1-25
6 August 07:13 PM Emaar generates 34% higher net profit before tax in H1-25; property sales hit AED 46bn, Egypt boosts int'l operations
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 Islamic Bank (ADIB)
4 August 10:11 PM ADIB joins Visa to expand regional real-time money movement; bank’s net profit before tax hits AED 4bn in H1-25
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 …
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4 August 08:08 PM Global crypto infrastructure Phoenix Group delivers solid financial performance in H1-25
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 …
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3 August 06:48 PM MENA-focused Alpha Dhabi Holding generates 23% higher revenues 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 …
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3 August 07:36 AM FAB strengthens international presence with new London branch
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 …
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30 July 06:52 PM NMDC reports 20% higher net profits in H1-25 backed by expansion in MENA
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 …
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30 July 05:39 PM Noatum Maritime reinforces global presence with new office in Shanghai
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 …
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30 July 09:03 AM Americana Restaurants posts $92.5m profits in H1-25, higher revenues on regional expansion
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 …
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29 July 08:43 PM Mashreq Bank witnesses resilient performance in H1-25 amid global macroeconomic uncertainty
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 …
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29 July 01:19 PM Arabian Drilling fuels global expansion with 1st international offshore deal, UAE branch
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 …
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29 July 10:58 AM Modon records AED 10bn sales in H1-25 backed by global expansion
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, …
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24 July 10:20 PM Emirates NBD’s income soars to AED 23.9bn in H1-25 on regional expansion, other factors
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 …
e7 Group
24 July 06:42 PM e7 Group unveils capital restructuring through AED 800m dividends, growing demand across region
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 …
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23 July 06:49 PM FAB’s net profits leap 26% in H1-25; global expansion plans unveiled
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 …
Eyad Alkassar and Mahmoud Fouz,Founders of Qlub
21 July 04:31 PM Qlub fuels global expansion plans via $30m funding co-led by e&
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 …
Al Baraka Bank-Egypt and ICIEC
20 July 06:19 PM Al Baraka Bank-Egypt unveils $100m deals with ICIEC
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 …
Elsewedy Machinery and Johnson Controls–Hitachi
17 July 06:22 PM Elsewedy, regional Johnson Controls–Hitachi win contract for Egypt’s high-speed rail megaproject
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 …
Jazeera Airways
16 July 03:30 PM Jazeera Airways resumes direct flights to Saudi destination
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 …