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Saudi Exchange (Tadawul)
17 May 04:11 PM SAB Invest becomes inaugural market maker under Tadawul’s new ETF framework
Riyadh – Mubasher: The Saudi Exchange (Tadawul) has officially announced the approval of SAB Invest to act as the first designated market maker under the Exchange Traded Funds (ETF) Market Making Framework, which was launched earlier in 2026. This …
Valu
17 May 02:19 PM Valu posts EGP 220.5m consolidated profits in Q1-26
Cairo - Mubasher: U Consumer Finance (Valu) achieved consolidated net profits after tax amounting to EGP 220.59 million in the first quarter (Q1) of 2026, up year-on-year (YoY) from EGP 123.92 million. The earnings per share (EPS) climbed to EGP …
TruKKer
17 May 01:04 PM TruKKer secures up to $300m securitization facility from ADCB to expand in MENA
Riyadh - Mubasher: MENA-based digital freight network TruKKer secured an inaugural trade receivables securitization facility of up to $300 million arranged and funded by Abu Dhabi Commercial Bank (ADCB). The transaction, among the GCC’s first …
Photo Archive
17 May 11:23 AM Alexandria Container’s net profits jump to EGP 1.9bn in Q1-26
Cairo - Mubasher: Alexandria Container & Cargo Handling logged 10% year-on-year (YoY) higher net profits after tax at EGP 1.94 billion in the first quarter (Q1) of 2026, compared to EGP 1.76 billion. Net sales jumped by 4% to EGP 2.15 billion in …
Elsewedy Electric
17 May 10:20 AM Elsewedy Electric’s consolidated revenues total EGP 75.2bn in Q1-26
Cairo - Mubasher: Elsewedy Electric Company generated consolidated net profits after tax totaling EGP 5.22 billion in the first quarter (Q1) of 2026, an annual rise from EGP 4.72 billion. Total revenues hit EGP 75.29 billion as of 31 March 2026, …
Air Arabia
17 May 10:04 AM Air Arabia’s profits fall 22% in Q1-26 due to regional conflict, airspace closures
Dubai – Mubasher: Air Arabia registered net profits after tax valued at AED 248.20 million in the first quarter (Q1) of 2026, down 22% year-on-year (YoY) from AED 305.13 million, according to the financial results. The lower profits were driven by …
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17 May 08:44 AM CBE unveils EGP 75bn T-bills on Sunday
Cairo – Mubasher: The Central Bank of Egypt (CBE) announced treasury bills (T-bills) at a combined value of EGP 75 billion through two tranches on Sunday, 17 May. The first auction, valued at EGP 35 billion, will mature in 91 days on 18 August …
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17 May 08:38 AM Saudi fintech Stitch closes $25m funding round to fuel regional expansion plans
Riyadh – Mubasher: Saudi fintech Stitch has secured $25 million in Series A funding led by the US-based VC Andreessen Horowitz (a16z), marking its first investment in the GCC region. The transaction brings Stitch’s total funding to $35 million, …
e-finance
14 May 03:28 PM e-finance records 42% higher net profits in Q1-26; consolidated revenues cross EGP 2.2bn
Cairo - Mubasher: e-finance for Digital and Financial Investments generated 42.30% higher consolidated net profits at EGP 856.90 million in the first quarter (Q1) of 2026, versus EGP 602.30 million in Q1-25 Total consolidated revenues hit EGP 2.24 …
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14 May 03:10 PM QNB Egypt, GlobalCorp pen EGP 3bn credit facility to boost real estate financing
Cairo - Mubasher: Qatar National Bank (QNB Egypt) and GlobalCorp Financial Services Group signed a credit facility agreement valued at EGP 2 billion to finance leasing contracts across various sectors. Moreover, a total of EGP 1 billion will be …
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14 May 02:20 PM Orascom Construction’s consolidated backlog hits $9.3bn in Q1-26
Mubasher: Orascom Construction, listed on ADX as well, logged a consolidated backlog, excluding BESIX, amounting to $9.37 billion in the first quarter (Q1) of 2026. As of 31 March 2026, the consolidated new awards increased by 14.90% year-on-year …
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14 May 10:27 AM CBE unveils EGP 95bn T-bills on Thursday
Cairo – Mubasher: The Central Bank of Egypt (CBE) offered treasury bills (T-bills) at a total value of EGP 95 billion through two auctions on Thursday, 14 May. The first tranche was valued at EGP 45 billion and will mature in 182 days on 17 …
Banque du Caire
14 May 09:44 AM Banque du Caire enters 2026 with strong performance; profits cross EGP 3.9bn
Cairo - Mubasher: Banque du Caire posted 16% year-on-year (YoY) higher net profits after tax at EGP 3.97 billion in the first quarter (Q1) of 2026, compared to EGP 3.44 billion. Total operating income climbed by 13% to EGP 11.05 billion as of 31 …
The Spine
13 May 02:59 PM TMG Holding logs 39% higher revenues in Q1-26; contracted sales hit EGP 49.1bn
Cairo - Mubasher: Talaat Moustafa Group Holding Company (TMG Holding) generated consolidated revenues valued at EGP 13.07 billion in the first quarter (Q1) of 2026, up 39% year-on-year (YoY) from EGP 9.42 billion. The group delivered robust …
RAK Ceramics
13 May 09:52 AM RAK Ceramics delivers resilient performance in Q1-26 backed by strong regional footprint
Abu Dhabi – Mubasher: The net profits after tax of RAK Ceramics declined by 21.80% year-on-year (YoY) to AED 38.21 million in the first quarter (Q1) of 2026 from AED 48.87 million. The basic and diluted earnings per share (EPS) hit AED 0.03 in …
CIB
13 May 05:44 AM CIB’s consolidated profits leap to EGP 17.8bn in Q1-26
Cairo - Mubasher: The consolidated net profits of Commercial International Bank - Egypt (CIB) increased to EGP 17.82 billion in the first quarter (Q1) of 2026 from EGP 16.63 billion a year earlier. The basic earnings per share (EPS) reached EGP …
Al Baraka Bank Egypt
13 May 05:43 AM Al Baraka Bank Egypt records EGP 2.2bn operating income in Q1-26
Cairo - Mubasher: Al Baraka Bank Egypt achieved net profits after tax of EGP 816 million in the first quarter (Q1) of 2026, while profit before tax recorded EGP 1.21 billion, according to a press release. The EGX-listed lender maintained solid …
ADES Holding
13 May 05:34 AM ADES Holding delivers strong performance during Q1-26 despite operational suspensions in GCC
Riyadh - Mubasher: ADES Holding Company registered net profits attributable to the shareholders totaling SAR 236.44 million in the first quarter (Q1) of 2026, an annual rise of 21.78% from SAR 194.15 million. The revenues climbed by 62.61% to SAR …
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12 May 12:20 PM Shuaa Capital, Key Capital partner to boost to MENA’s VC secondaries market
Dubai – Mubasher: Shuaa Capital and Key Capital Limited joined forces to support the development of the venture capital (VC) secondaries market across MENA and EMEA. Key Fund I LP targets a fund size of $50 million and pursues a disciplined …
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12 May 09:52 AM TAQA Arabia logs EGP 224.5m consolidated profits in Q1-26
Cairo - Mubasher: The consolidated net profits of TAQA Arabia jumped by 65% to EGP 224.55 million in the first quarter (Q1) of 2026, compared with EGP 136.07 million in Q1-25. The company generated revenues valued at EGP 7.12 billion as of 31 …
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12 May 08:47 AM Suez Canal Bank delivers EGP 1.6bn profits in Q1-26
Cairo - Mubasher: Suez Canal Bank recorded net profits after tax amounting to EGP 1.63 billion in the first quarter (Q1) of 2026, compared to EGP 1.31 billion in Q1-25. The net interest income climbed to EGP 2.60 billion in the January-March 2026 …
flynas
11 May 12:10 PM Flynas registers 20% lower profits in Q1-26 amid regional flight disruption
Riyadh - Mubasher: Flynas Company generated SAR 117.90 million in net profit attributable to the shareholders during the first quarter (Q1) of 2026. The quarterly profits were lower by 20.26% year-on-year (YoY) than SAR 147.85 million, according …
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11 May 10:19 AM CBE announces EGP 70bn debt instruments on Monday
Cairo – Mubasher: The Central Bank of Egypt (CBE) auctioned treasury bills (T-bills) at a combined value of EGP 65 billion through two tranches on Monday, 11 May. The first offering stood at EGP 30 billion and will mature in 91 days on 11 August …
Luberef
11 May 08:55 AM Luberef sees 16.5% higher profits in Q1-26 supported by GCC expansion
Riyadh - Mubasher: Saudi Aramco Base Oil Company (Luberef) registered 16.45% year-on-year (YoY) higher net profits attributable to the shareholders at SAR 257.96 million in the first quarter (Q1) of 2026. The quarterly profits were compared with …
ADNOC Drilling
11 May 08:34 AM ADNOC Drilling delivers strongest Q1 performance on back of largest fleet size in MENA
Abu Dhabi – Mubasher: ADNOC Drilling Company delivered its strongest first-quarter performance on record in terms of revenue and net income, backed by high fleet activity, integrated services growth, long-term contract coverage, and technology-led …