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28 May 12:20 PM

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Mashreq Bank
2 February 06:15 PM Mashreq Bank’s profits fall 23% in 2025;operating income hits AED 12.5bn
Dubai – Mubasher: Mashreq Bank witnessed 23% year-on-year (YoY) lower net profits after tax at AED 6.97 billion in 2025, compared to AED 9.01 billion. Total operating income reached AED 12.57 billion at the end of December 2025, an annual growth …
Financial Results
Photo Archive
2 February 01:34 PM Aldar expands development projects in Abu Dhabi with AED 23bn
Abu Dhabi - Mubasher: Aldar Properties has added a number of strategic land plots across Abu Dhabi, with a combined gross development value of approximately AED 23 billion. The addition anchors Aldar’s land bank strength and secures long-term …
Companies Investments
Photo Archive
2 February 12:38 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 …
Trading Activities
Photo Archive
2 February 11:18 AM Sharjah Islamic Bank generates 26% higher net profits in 2025
Abu Dhabi – Mubasher: Sharjah Islamic Bank recorded 25.70% year-on-year (YoY) higher net profits at AED 1.31 billion in 2025, compared to AED 1.04 billion, according to the financial results. The earnings per share (EPS) climbed to AED 0.38 by the …
Banking and Finance
What could be next target for Gold after hitting new historical peak?
30 December 2025 06:38 PM What could be next target for Gold after hitting new historical peak?
Mubasher: The upward trend of Gold remains strong, with prices continuing to advance towards the possibility of recording a new historical peak near the level of $4,686 on the condition of maintaining trading above the previous $4,381 historical …
Global Economy
Photo Gallery
1 February 10:46 AM Yozo.ai closes $1.7m funding round to expand e-commerce globally
UAE - Mubahser: UAE-based e-commerce AI startup Yozo.ai has secured $1.70 million in pre-seed funding, co-led by Access Bridge Ventures and Disruptech Ventures and joined by Arzan VC, Oraseya Capital, Plus VC, Suhail Ventures, Glint Ventures, and …
Companies Investments
Al Seer Marine
1 February 10:35 AM Al Seer Marine ends 2025 with resilient performance; operational profits leap 110%
Abu Dhabi – Mubasher: Al Seer Marine Supplies and Equipment Company reported net losses valued at AED 292.66 million in 2025, compared to AED 1.47 billion in 2024. The basic loss per share hit AED 0.29 at the end of 2025, down year-on-year (YoY) …
Financial Results
Photo Gallery
1 February 10:12 AM EvolutionX enters Gulf region via Dubai-based Kitopi
UAE - Mubahser: EvolutionX, the growth-stage private credit platform established by Temasek and DBS Bank, led a $50 million growth capital round raised by Kitopi, the Middle East’s leading next-generation F&B ecosystem. This marks the platform’s …
Companies Investments
What does EFG Hermes expect for MENA interest rates in 2026?
29 December 2025 10:23 PM What does EFG Hermes expect for MENA interest rates in 2026?
Mubasher: The existing rate environment in the MENA region remains conducive for extending ongoing credit growth recoveries, according to a recent report by EFG Hermes, an EFG Holding Company. Meanwhile, except for the UAE and Egypt, retail credit …
Central Banks
Kuwait could be region’s black horse in 2026
29 December 2025 09:39 PM Kuwait could be region’s black horse in 2026 – Report
Mubasher: The MENA region still has more to offer in 2026, and when building on Kuwait delivering on its promises in the past couple of years, especially last year, the country is forecast to be the region’s black horse, according to a report by …
Banking and Finance
Saudi Arabia's Riyadh
29 December 2025 07:08 PM We keep ‘Neutral’ stance on Saudi equity market – EFG Hermes
Riyadh – Mubasher: A recent report by EFG Hermes, an EFG Holding Company, indicated that the outlook for Saudi Arabia remains challenging, yet the market is believed to have decently corrected and is too cheap to be deemed ‘underweight’. EFG …
Sector Reports
Egypt’s market closes 2025 as best-performing in MENA
28 December 2025 05:23 PM Egypt closes 2025 as best-performing market in MENA – Report
Cairo – Mubasher: Egypt’s market is closing 2025 as the best-performing in the MENA region, surprising positively in the year as it perfectly rode the tide of positive sentiment around emerging markets, according to a report by the EFG Holding …
Global Economy
Photo Archive
29 January 07:40 PM Lulu expands UAE presence with new express store in Al Ain
Abu Dhabi - Mubasher: Lulu Retail Company, the largest full-line retailer in the GCC, has opened a new express store in Al Ain, further strengthening its presence in a key residential area. Spanning around 17,182 square feet, the store is expected …
Companies Investments
Photo Archive
29 January 07:13 PM NMDC expands fleet with AED 618mn self-propelled dredger
Abu Dhabi - Mubasher: National Marine Dredging Company (NMDC) announced a self-propelled cutter suction dredger valued at AED 618 million, expanding its fleet of more than 170 vessels, according to a press release. The 148-meter vessel has an …
Companies Investments
Photo Archive
29 January 04:20 PM Emirates Driving delivers strong performance in 2025 with 22% hike in net profits
Abu Dhabi - Mubasher: Emirates Driving Company reported an annual surge of 22% in net profits after tax to AED 345.86 million during 2025, compared to AED 282.36 million. The basic and diluted earnings per share (EPS) totaled AED 0.31 at the end …
Financial Results
NBF
29 January 03:00 PM NBF sees 42% higher profits after tax in 2025
Abu Dhabi - Mubasher: The National Bank of Fujairah (NBF) logged net profits after tax amounting to AED 1.20 billion in 2025, up 41.80% year-on-year (YoY) from AED 850.10 million. Likewise, the earnings per share (EPS) increased to AED 0.46 last …
Financial Results
DFM
29 January 01:09 PM DFM closes 2025 with AED 992bn market cap; profits exceed AED 969m
Dubai – Mubasher: Dubai Financial Market Company (DFM) has been operating for 25 years, reflecting its evolution into a globally connected capital markets platform. The group closed 2025 with net profits after tax amounting to AED 969.12 million, …
Financial Results
Ajman Bank
29 January 12:47 PM Ajman Bank witnesses strong financial performance in 2025; profits cross AED 500m
Dubai - Mubasher: Ajman Bank logged net profits valued at AED 500.03 million in the January-December 2025 period, compared to AED 400.65 million a year earlier, according to the financial results. The basic and diluted earnings per share (EPS) …
Cash Dividends
Platinum is experiencing correction after hitting new historic peak – Analysis
25 December 2025 07:57 PM Platinum is experiencing correction after hitting new historic peak – Analysis
Mubasher: Platinum is having a current corrective movement after breaking through the upward channel and reaching a historic peak at the $2,374.1 level, according to the recent analysis. The Relative Strength Index (RSI) has shown that platinum …
Trading Activities
Cross-listed Orascom Construction is testing significant support level – Analysis
25 December 2025 07:43 PM Cross-listed Orascom Construction is testing significant support level – Analysis
Cairo – Mubasher: The stock of Orascom Construction is currently experiencing a downward trajectory, supported by continued trading below the moving average. However, the price has managed to show positive signals from a significant demand area …
Global Economy
Khaled Saoud-Al Hasan, GIG Group CEO
25 December 2025 05:42 PM MENA cross-listed insurance group GIG announces retirement of Al Hasan
Mubasher: The board of Gulf Insurance Group (GIG) has accepted the retirement request of Khaled Saoud Al Hasan from his position as GIG Group CEO, according to a press release. Al Hasan’s retirement marks the conclusion of half-century of …
Management Decisions
Lam Research’s stock
28 January 11:33 PM Lam Research’s stock hits unprecedented levels
Mubasher: Lam Research (LRCX) continued its upward trend, reaching new all-time highs near $251.00. The price began its climb, supported by high trading volumes, closing yesterday's session at $241.80. Pre-session trading opened around $248.50. It …
Stock Evaluations
Apple's stock
28 January 10:55 PM Apple’s stock stabilizes following post-record high correction
Mubasher: Apple (AAPL) shares pulled back after hitting an all-time high near $288.60 in December 2025, as investors took profits. The stock later found support around $243.75, where buying interest resurfaced along an upward trend line that has …
Global Economy
Intel’s stock
28 January 10:36 PM Intel’s stock rebounds after Nvidia foundry deal
Mubasher: The stock of Intel (INTC) is moving in an upward trend, supported by a series of higher highs and lows. The stock recently experienced a strong correction from its peak of $55.35, successfully rebounding from a key support level near …
Stock Evaluations
Photo Gallery
28 January 07:15 PM Dubai Insurance launches 1st crypto-enabled digital wallet in UAE
Dubai - Mubasher: Dubai Insurance Company has partnered with Zodia Custody to launch the first digital wallet for crypto assets in the UAE insurance sector, according to a press release. The new wallet enables secure receipt of insurance premiums …
Banking and Finance