KSA
Mubasher TV
 Contact Us Advertising   العربية
KSA
TDWL Open
05 March 12:13 PM

Egypt news

Hisham Okasha, new Chairman of CI Capital
2 hours ago CI Capital taps Okasha as new Chairman
Cairo - Mubasher: CI Capital Holding for Financial Investments has appointed Hisham Okasha as the chairman of the board, according to a bourse filing. Okasha, currently the CEO of Banque Misr, succeeded Ahmed Issa, the former tourism minister. The …
Management Decisions
Photo Archive
2 hours ago Prices of investment funds including certificates in EGP, USD
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, except for …
Global Economy
Photo Archive
3 hours ago CBE auctions EGP 95bn T-bills on Thursday
Cairo – Mubasher: The Central Bank of Egypt (CBE) announced treasury bills (T-bills) worth EGP 95 billion through two auctions on Thursday, 5 March. Holding a tenor of 182 days until 8 September 2026, the first auction stood at EGP 40 billion, …
Treasury Bills
S&P Global Ratings
02:55 AM Exporters of LNG, oil from GCC through Strait of Hormuz will feel effects most acutely – S&P Global Ratings
Mubasher: The companies exporting LNG and oil from the GCC countries through the Strait of Hormuz will feel the effects most acutely, said S&P Global Ratings. In a recent statement, S&P Global Ratings noted that it looks at the potential effect of …
Global Economy
Network International
02:48 AM Network powers domestic card tokenization while serving over 65 Middle East-based banks from Egypt hub
Cairo – Mubasher: Leading fintech company Network International has announced the enablement of Apple Pay acceptance by powering card tokenization for Apple smartphones for four renowned Egyptian banks. This step comes as part of Egypt’s digital …
Global Economy
Porsche Showroom
01:37 AM Global car manufacturer Porsche expands in Saudi Arabia
Riyadh – Mubasher: Porsche Saudi Arabia has officially opened its temporary Porsche Now store at Roshn Front in Riyadh. The new facility reflects the brand’s ambition to bring the brand experience closer to its community in Saudi Arabia while …
Global Economy
Photo Archive
01:13 AM Top MENA PMIs for February 2026 – Recap
Mubasher: The Purchasing Managers’ Index (PMI) data for the UAE and Saudi Arabia indicated the above the neutral 50 level for February 2026, while data for Egypt slightly approached it, according to a report by Emirates NBD Research. The S&P …
Global Economy
Sidpec’s stock targets EGP 18.4 after strong rally
4 March 03:11 PM Sidpec’s stock targets EGP 18.4 after strong rally
Cairo – Mubasher: The stock of Sidi Kerir Petrochemicals Company (Sidpec) recently broke through a secondary downtrend line and retested the key support level near EGP 16.70 before rebounding, accompanied by high trading volumes, indicating buying …
Trading Activities
Zahraa Maadi’s stock faces key resistance at EGP 5.22
4 March 03:00 PM Zahraa Maadi’s stock faces key resistance at EGP 5.22
Cairo - Mubasher: Technical analysis indicates that Zahraa Maadi Investment and Development’s stock is in a secondary downtrend, with trading below both the short-term (50-day) and long-term (200-day) moving averages, reflecting strong selling …
Trading Activities
Photo Archive
4 March 02:51 PM CI Capital’s consolidated profits hit EGP 1.5bn in 2025
Cairo - Mubasher: CI Capital Holding for Financial Investments registered an annual fall in consolidated net profit after tax to EGP 1.51 billion during 2025, compared with EGP 2.22 billion. Consolidated revenues rose to EGP 8.66 billion in the …
Financial Results
Photo Archive
4 March 01:06 PM Kima targets EGP 1.5bn profits in FY26/27, unveils green energy deals
Cairo - Mubasher: The board members of Egyptian Chemical Industries (Kima) approved the estimated budget for fiscal year (FY) 2026/27. Kima targets net profits worth EGP 1.50 billion in the July 2026-June 2027 period, according to a bourse filing. …
Companies Investments
Photo Archive
4 March 12:04 PM Prices of investment funds including certificates in EGP, USD
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, except for …
Banking and Finance
Photo Archive
4 March 01:36 AM TASI witnesses over SAR 87bn in total trading value in February – Aljazira Capital
Riyadh – Mubasher: According to the monthly report by Aljazira Capital for February 2026, the Main Market index (TASI) of the Saudi Exchange (Tadawul) ended the month at 10,709 points, which represented a decrease of 5.91% compared to January’s …
Global Economy
The International Monetary Fund (IMF)
4 March 01:12 AM IMF issues statement on Middle East
Mubasher: The International Monetary Fund (IMF) issued the following statement on 3 March 2026, in line with the current tensions in the region. The IMF said that it is closely monitoring developments in the Middle East and has by far observed …
General News
Al Baraka Bank Egypt and Magdi Yacoub Global Heart Centre Officials
4 March 12:57 AM Al Baraka Bank Egypt allocates EGP 30m under corporate social responsibility
Cairo – Mubasher: Al Baraka Bank Egypt has announced the signing of a cooperation agreement with Magdi Yacoub Heart Foundation (MYF) in line with the lender’s ongoing commitment to corporate social responsibility (CSR). Under the agreement, the …
Banking and Finance
UAE Capital Market Authority
4 March 12:27 AM Update from UAE Capital Market Authority regarding trading resumption
UAE – Mubasher: The UAE Capital Market Authority (CMA) confirmed that trading and settlement activities on the Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM) will resume on Wednesday, 4 March 2026. This statement comes as …
Global Economy
FABMISR
3 March 04:43 PM FABMISR’s net profits hike to EGP 16.7bn in 2025
Cairo – Mubasher: First Abu Dhabi Bank Misr (FABMISR), the banking business of the UAE-listed FAB in Egypt, delivered resilient performance across its core business operations, generating net profits worth EGP 16.70 billion. The lender witnessed …
Banking and Finance
Photo Archive
3 March 02:34 PM Ibnsina Pharma’s consolidated profits jump to EGP 952m in 2025
Cairo - Mubasher: Ibnsina Pharma recorded consolidated net profits after tax worth EGP 951.98 million in 2025, which reflected a year-on-year (YoY) surge from EGP 614.56 million. The earnings per share (EPS) grew to EGP 0.76 in January-December …
Financial Results
Valmore Holding
3 March 01:28 PM Valmore Holding logs higher profits at $186m in 2025
Cairo - Mubasher: The consolidated net profits after tax of Valmore Holding, previously known as Egypt Kuwait Holding, reached $186.01 million in 2025, higher than $185.33 million in 2024. The basic and diluted earnings per share (EPS) retreated …
Financial Results
Photo Archive
3 March 12:01 PM Amer Group’s consolidated profits hit EGP 196m in 2025
Cairo - Mubasher: Amer Group Holding generated year-on-year (YoY) higher consolidated net profits after tax at EGP 196.02 million in 2025, compared with EGP 73.71 million. The earnings per share (EPS) climbed to EGP 0.14 as of 31 December 2025 …
Financial Results
Photo Archive
3 March 10:17 AM Egypt’s PMI drops to 48.9 in February amid weaker demand
Cairo - Mubasher: The headline seasonally adjusted S&P Global Egypt Purchasing Managers’ Index (PMI) fell to 48.9 in February 2026 from 49.8 in January, according to the latest S&P Global PMI data. The reading remained below the 50.0 neutral …
Sector Reports
Photo Archive
3 March 10:07 AM Prices of investment funds including certificates in EGP, USD
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, except for …
Banking and Finance
Emirates Gold
3 March 02:56 AM Emirates Gold sets vision for future of gold in 2026 while entering new chapter
UAE – Mubasher: Expansion remains a central pillar of Emirates Gold’s 2026 strategy as the company is actively strengthening its footprint across India, the GCC, and key Asian markets, according to a press release. It also reinforces strategic …
Macroeconomics
Sitecore
3 March 02:40 AM Sitecore accelerates momentum in Middle East via AI deployments, works with listed entities
Mubasher: Sitecore, a global player in AI-enabled digital experience software, announced a significant expansion of investment in the Middle East with a new deployment announced for Saudi Arabia in 2026, according to a press release. An early …
Global Economy
Nasdaq Dubai
3 March 01:44 AM Nasdaq Dubai closed temporarily; DFSA monitors regional developments
UAE – Mubasher: Nasdaq Dubai has been closed on Monday, 2 March, in line with the current regional developments, according to an official statement. The temporary closure of Nasdaq Dubai will remain until Tuesday, 3 March 2026, based on the …
Global Economy