Abu Dhabi - Mubasher: The National Bank of Fujairah’s (NBF) shareholders approved the distribution of profits equivalent to 20% (AED 516.10 million) of share capital in the form of cash dividends. The annual general meeting (AGM) confirmed the …
UAE – Mubasher: Dubai Aerospace Enterprise (DAE) Limited has signed agreements to enter into new long-term, unsecured revolving credit facilities worth $2.80 billion. Replacing an existing $1.40 billion facility, the new investment will mature in …
Abu Dhabi – Mubasher: The National Bank of Ras Al Khaimah (RAKBANK) has completed a disposal of a business line to Network International to realize value for the bank and its shareholders, according to a bourse disclosure. RAKBANK sold its …
Abu Dhabi – Mubasher: Orascom Construction, dual listed on the Egyptian Exchange (EGX), has signed in a consortium with Aeolus and ENGIE a power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) to carry out a wind …
Abu Dhabi – Mubasher: Borouge has issued a notification of change in ownership after Borouge Group International AG completed the acquisition of the majority stake by owning 90% of the company’s share capital. Towards the formation of Borouge …
Abu Dhabi – Mubasher: ADNOC Gas has separately made temporary operational adjustments to production of liquefied natural gas (LNG) and export traded liquids in response to the ongoing shipping disruption in the Strait of Hormuz, according to a …
Dubai - Mubasher: The cash dividends previously announced by Al Mal Capital REIT for the second half (H2) of 2025 reflect an annualized return of 7.5% to the unitholders of the fund, according to a bourse filing. Al Mal Capital REIT will be paying …
Abu Dhabi – Mubasher: Borouge has entered into an agreement through its wholly owned subsidiary Abu Dhabi Polymers with the owners of Borouge 4 LLC based on the statements released by ADNOC and OMV on 19 March 2026. The agreement will enable …
Abu Dhabi - Mubasher: The annual general meeting of Union Insurance Company approved the distribution of bonus shares totaling AED 20 million, bringing the company’s capital to AED 250 million. This decision aims to boost the company’s capital …
Mubasher: Jazeera Airways has relaunched flights to six Indian cities from Kuwait via Qaisumah Airport (AQI) in Hafar Al Batin under the Vande Bharat project, according to a press release. This marks the first travel connection between Kuwait and …
Cairo – Mubasher: Rowad Modern Engineering, a subsiaidry of the Egyptian company Elsewedy Electric, has commenced the development and expansion project for the facilities of Saudi Logistics Services Company (SAL) at King Khalid International …
Abu Dhabi – Mubasher: ADNEC Group, a subsidiary of Modon Holding, has signed a memorandum of understanding (MoU) with big data analytics company Presight AI Holding to deploy advanced AI solutions within ADNEC’s event venues. The initiative is …
Mubasher: Jazeera Airways has strengthened connectivity between Kuwait and Egypt to support essential travel during the current regional situation and local airport closures, according to a press release. The Kuwaiti airline operates flights to …
Abu Dhabi – Mubasher: Dana Gas stated that CP Upstream Holding (DG) Limited’s ownership percentage has reached 20%, based on the records received from the Abu Dhabi Securities Exchange (ADX). This announcement was made as Crescent Petroleum …
Abu Dhabi - Mubasher: Presight AI Holding announced the first six AI companies selected to receive investment through its AI Innovation Ecosystem, according to a press release. The investments are part of the Presight–Shorooq Fund I (PSFI), a $100 …
Riyadh - Mubasher: Asas Makeen Real Estate Development and Investment Company inked a SAR 63.08 million real estate development agreement with Awa'id Al-Hada Company to develop a residential villas project in Al-Hada district, Riyadh. Asas Makeen …
Riyadh - Mubasher: The Saudi Industrial Investment Group (SIIG) and Unibio International PLC inked a SAR 1.40 billion deal to establish the world’s largest single-cell protein plant in Jubail Industrial City. SIIG will hold an 80% stake in the …
Mubasher: Jazeera Airways will resume daily flights between Kuwait and Al Ain starting 18 March via Qaisumah Airport, as part of efforts to maintain connectivity amid ongoing disruptions at Kuwait International Airport. The route marks the first …
Dubai – Mubasher: Dubai Investments, through its wholly owned subsidiary Dubai Investments Real Estate (DIR), continues to advance construction activity across its real estate portfolio. The listed property developer stated that projects are …
Dubai – Mubasher: BHM Capital has officially commenced its market making operations on Bahrain Bourse (BHB), reinforcing its position as a regional liquidity provider. The launch of these operations on BHB follows the successful completion of all …
Abu Dhabi – Mubasher: ADNH Catering has announced that Clive William Cowley will be stepping down as CEO effective 31 March 2026 after serving in this position for more than five years, according to a bourse disclosure. Meanwhile, Cowley will …
Abu Dhabi – Mubasher: The shareholders of Abu Dhabi Aviation have elected a new board of directors for a new term until 2029, during the annual general meeting on 12 March 2026. The board, subsequently convened on 17 March, appointed Mansour Al …
Dubai - Mubasher: Al Mal Capital REIT (AMCREIT), a subsidiary of Dubai Investments, unveiled a dividend of 3.75 fils per unit for the second half (H2) of 2025. The total distribution amounts to AED 26.29 million, higher than AED 19.27 million in …
Dubai - Mubasher: Cambridge Health Group, a subsidiary of Amanat Holdings, has completed the acquisition of the remaining minority interest in Sukoon International Holding Company, a Saudi Arabia-based provider of acute extended care, …
Dubai - Mubasher: The consolidated net profits of Drake & Scull International reached AED 47.09 million in 2025, which reflected a year-on-year (YoY) plunge from AED 3.75 billion. The basic loss per share totaled AED 0.02 at the end of 2025, …
