UAE
Mubasher TV
 Contact Us Advertising   العربية
UAE
DFM Closed
ADX Closed
29 May 03:48 AM

Top News

Photo Archive
29 April 2025 00:57 PM Aldar logs AED 1.9bn profits in Q1-25; revenues jump 39%
Abu Dhabi – Mubasher: Aldar Properties recorded 22% year-on-year (YoY) higher net profits after tax at AED 1.90 billion in the first quarter (Q1) of 2025, compared to AED 1.57 billion. Revenues and rental income climbed by 39% to AED 7.79 billion …
Real estate
Photo Archive
29 April 2025 11:50 AM Prices of investment funds including certificates in EGP, USD
Cairo – Mubasher: Based on 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 the funds …
Global Economy
Photo Archive
28 April 2025 06:18 PM UAB generates AED 102m profits in Q1-25
Abu Dhabi – Mubasher: The United Arab Bank (UAB) recorded net profit valued at AED 102 million in the first quarter (Q1) of 2025, higher by 49% than AED 68 million in Q1-24. The growth in net profit was backed by an improved operating performance …
Banking and Finance
Photo Archive
28 April 2025 05:37 PM NBQ records AED 186m profits in Q1-25
Abu Dhabi – Mubasher: National Bank of Umm Al Qaiwain (NBQ) generated AED 185.78 million in net profit after tax during the first quarter (Q1) of 2025, up 6% from AED 175.73 million in Q1-24. Basic and diluted earnings per share (EPS) hit AED 0.09 …
Banking and Finance
Photo Archive
28 April 2025 02:57 PM Emirates Driving’s net profits rise 8% in Q1-25
Abu Dhabi – Mubasher: Emirates Driving Company generated AED 68.80 million in net profit after tax during the first quarter (Q1) of 2025, an annual rise of 8% from AED 63.97 million. Revenues hiked by 85% to AED 167.10 million in Q1-25 from AED …
Financial Results
Photo Gallery
28 April 2025 00:26 PM iMENA raises $135m pre-IPO investment
Riyadh - Mubasher: iMENA Group, a regional leader in digital platforms in the MENA region, has raised $135 million from Sanabil Investments, a wholly owned company of the Public Investment Fund (PIF). The capital raise is comprised of a private …
Global Economy
Photo Gallery
28 April 2025 09:58 AM Hub71 records $2.1bn in startup funding during 2024
UAE – Mubasher: Abu Dhabi's global tech ecosystem Hub71 startups recorded $2.17 billion (AED 8.02 billion) in funding during 2024, an annual hike of 44.70% from $1.50 billion (AED 5.40 billion). This performance highlights strong investor …
Companies Investments
Photo Archive
27 April 2025 01:07 PM Dubai National Insurance’s general assembly raises cash dividends for 2024
Dubai – Mubasher: Dubai National Insurance announced that the general assembly approved a 15% cash dividend to shareholders amounting to AED 17.32 million, according to a press release. Khalaf Al Habtoor, Chairman of Dubai National Insurance, …
General Assembly
Photo Archive
27 April 2025 11:32 AM DIB records AED 1.7bn profits in Q1-25; total income down 2%
Dubai – Mubasher: Dubai Islamic Bank (DIB) registered AED 1.79 billion in net profit during the first quarter (Q1) of 2025, an annual increase of 8% from AED 1.66 billion. Basic and diluted earnings per share (EPS) went up to AED 0.23 as of 31 …
Financial Results
Photo Gallery
27 April 2025 09:19 AM Hushday to launch Middle East’s 1st premium flash sales platform
UAE - Mubasher: Dubai-based Hushday, the region’s first premium flash sales platform, has raised over AED 2 million ($550,000) in pre-seed funding from regional tech investors. The startup aims to develop a new channel for luxury and premium …
Companies Investments
Photo Gallery
24 April 2025 07:39 PM Platformance launches regional hub in Cairo
Cairo – Mubasher: Platformance, a growth technology platform, has officially opened its new office in Egypt, expanding its investment in the MENA region, according to a press release. Located in Cairo, the new office aligns with the company’s …
Companies Investments
Photo Gallery
24 April 2025 03:50 PM ADREC logs AED 25.3bn property transactions in Q1-25
UAE - Mubasher: The Abu Dhabi Real Estate Centre (ADREC), an affiliate of the Department of Municipalities and Transport, reported 34.50% year-on-year (YoY) higher property transactions at AED 25.30 billion in the first quarter (Q1) of 2025. …
Macroeconomics
Photo Gallery
24 April 2025 03:05 PM Ottu teams up with HyperPay to boost digital payments in MENA
Mubasher: Ottu partnered with HyperPay, a leading digital payment solutions provider, to transform the digital payments landscape across the MENA region. The mutual collaboration agreement (MCA) will secure a range of strategic benefits to …
Global Economy
Photo Archive
24 April 2025 01:35 PM CBD records 18% higher net profits in Q1-25
Dubai – Mubasher: The Commercial Bank of Dubai (CBD) generated AED 828.11 million in net profit during the first quarter (Q1) of 2025, up 18.10% from AED 700.98 million a year earlier. Basic and diluted earnings per share (EPS) increased to AED …
Banking and Finance
Photo Archive
24 April 2025 00:07 PM ADIB’s profits rise 18% in Q1-25
Abu Dhabi – Mubasher: Abu Dhabi Islamic Bank (ADIB) logged 18% year-on-year (YoY) higher net profits after tax at AED 1.71 billion in the first quarter (Q1) of 2025,  compared to AED 1.45 billion. Basic and diluted earnings per share (EPS) …
Financial Results
Photo Archive
23 April 2025 07:52 PM Global group Hilton pens 2 development deals in Egypt
Mubasher: Global hotels and resorts group Hilton signed two new properties in Cairo’s New Administrative Capital (NAC) in partnership with Panax Company, part of Selim Holding Group, according to a press release. Expected to open in 2028, Hilton …
Global Economy
Photo Gallery
23 April 2025 07:13 PM PayPal expands in MEA with new Dubai office
UAE - Mubasher: PayPal launched a new regional hub in Dubai, which serves as the company’s first-ever location in the Middle East and Africa (MEA) region. The Dubai Internet City office anchors PayPal’s commitment to enabling millions more …
Global Economy
Photo Gallery
23 April 2025 06:08 PM Intelcia opens regional office in Egypt
Cairo – Mubasher: Intelcia, a global leader in outsourcing services, has officially inaugurated its new regional headquarters in Egypt, according to a press release. Located in Ivory Business Park in Sheikh Zayed City, the new office is part of …
Companies Investments
23 April 2025 05:36 PM Tesla jumps, Wall St would rise after Trump statement
Global Indices
Namir El Akabi, Founder and Chairman of Amwaj Group, and Omar Gull, Founder of Cledor
23 April 2025 03:28 PM Amwaj acquires 18% shareholding in Cledor at $100m post-money valuation
UAE – Mubasher: Amwaj International has acquired an 18% stake in Dubai-based development firm Cledor, marking its entry into the rapidly growing real estate market in the UAE. The transaction has a post-money valuation hitting $100 million, …
Companies Investments
Photo Archive
23 April 2025 01:02 PM Prices of investment funds including certificates in EGP, USD
Cairo – Mubasher: Based on 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 the funds …
Banking and Finance
Photo Gallery
23 April 2025 00:37 PM Al Ansari Exchange, Visa expand partnership to boost financial ecosystem
Dubai – Mubasher: Al Ansari Exchange, the subsidiary of Al Ansari Financial Services, extended its strategic partnership with Visa to drive innovation and redefine the customer experience through advanced digital payment solutions and card …
Companies Investments
Photo Gallery
23 April 2025 10:30 AM Dubai-based startup Arabic.AI launches MENA’s 1st agentic AI platform
UAE – Mubasher: Tarjama’s Arabic.AI platform has launched MENA's first agentic AI platform specifically engineered for the Arabic language, according to a press release. Founded in the UAE in 2008 by Nour Al Hassan, Tarjama has been committed to …
Companies Investments
Photo Gallery
22 April 2025 08:57 PM 7awi enhances regional presence via new appointment for Saudi Arabia
Mubasher: Dubai-based 7awi Media Group has named Amjad Fakhoury as the new Country Head for its operations in Saudi Arabia to lead the company’s strategic expansion, according to a press release. The new appointment of Fakhoury aims to drive …
Management Decisions
Photo Archive
22 April 2025 08:13 PM Emirates Islamic Bank’s profits hike to AED 1bn in Q1-25
Dubai – Mubasher: The net profits of Emirates Islamic Bank jumped to AED 1 billion in the first quarter (Q1) of 2025 from AED 811.44 million in Q1-24. Earnings per share (EPS) increased to AED 0.18 as of 31 March 2025 from 0.14 in the year-ago …
Banking and Finance