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15 October 2025 01:14 PM Multiply Group to create AED 120bn JV after acquisition of 2PointZero, Ghitha Holding
Abu Dhabi - Mubasher: The board of Multiply Group has approved the acquisition of 2PointZero and Ghitha Holding through a share swap deal, according to a press release. The proposed transaction aligns with Multiply Group’s strategy to scale its …
Companies Investments
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15 October 2025 11:34 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 and USD, as of 14 …
Mutual Funds
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14 October 2025 08:36 PM Aldar’s Yas Living attracts AED 1.3bn in sales within days
Abu Dhabi - Mubasher: Aldar Properties has sold out its Yas Living development within days of launch, generating over AED 1.30 billion in sales, according to a press release. Located on Yas Island, the project drew strong local and international …
Real estate
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14 October 2025 05:49 PM Dubai Investments-owned AMCREIT enters healthcare sector through acquisition of NMC Royal
Dubai - Mubasher: Al Mal Capital REIT (AMCREIT), a subsidiary of Dubai Investments, has acquired the NMC Royal Hospital real estate asset in Dubai Investments Park, marking its first healthcare investment. The move brings AMCREIT’s portfolio to …
Companies Investments
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14 October 2025 01:50 PM MENA’s leading fintech Valu, PayTabs Egypt reshape digital payment landscape
Cairo - Mubasher: MENA’s leading universal fintech powerhouse U Consumer Finance (Valu) joined forces with PayTabs Egypt to accelerate the country’s digital payment transformation, according to a press release. The strategic collaboration will …
Companies Investments
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14 October 2025 00:31 PM Oqood secures $1m funding to expand AI-powered legal solutions in GCC
Dubai - Mubasher: Abu Dhabi-based legaltech startup Oqood has closed a $1 million seed funding round led by a group of angel investors to accelerate digital transformation in the legal sector. The startup will use the investment to expand across …
Companies Investments
Photo Archive
14 October 2025 00:02 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 and USD, as of 13 …
Mutual Funds
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14 October 2025 10:31 AM Dubai Healthcare City Authority rolls out AED 1.3bn development plan
Dubai - Mubasher:  Dubai Healthcare City Authority (DHCA) has unveiled a AED 1.30 billion plan to expand Dubai Healthcare City (DHCC) Phase 1, cementing its position as a leading global healthcare investment hub. The first stage includes a LEED …
Companies Investments
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13 October 2025 06:53 PM du, Network International to launch integrated digital payment platform
Dubai - Mubasher: Emirates Integrated Telecommunications Company (du) signed a memorandum of understanding (MoU) with Network International to launch a fully integrated digital platform for startups and SMEs in the UAE, according to a press …
Companies Investments
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13 October 2025 02:47 PM Tabreed closes 2 largest transactions to accelerate regional growth
Dubai - Mubasher: National Central Cooling Company (Tabreed) has completed its largest-ever transactions, marking a major step in accelerating regional growth and strengthening its concession-backed business model. Tabreed, in partnership with CVC …
Mergers and Acquisitions
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13 October 2025 01:17 PM Red Sea International’s unit secures SAR 375m financing from FAB
Riyadh - Mubasher: The Fundamental Installation for Electric Work Company, a subsidiary of Red Sea International Company, has secured financial facilities from First Abu Dhabi Bank (FAB) with a standby limit of SAR 375 million. The one-year …
Banking and Finance
Photo Archive
13 October 2025 00:21 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 and USD, as of 12 …
Trading Activities
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13 October 2025 09:22 AM HP starts operating 1st global tech manufacturing facility in Saudi Arabia
Riyadh - Mubasher: HP has launched a new manufacturing facility in Riyadh and confirmed an AI R&D Center of Excellence (CoE) in Dhahran official opening, according to a press release. In line with the Saudi Vision 2030, these investments support …
Companies Investments
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12 October 2025 07:24 PM Abu Dhabi Aviation, TCM launch Egypt’s 1st air taxi service
Cairo - Mubasher: Abu Dhabi Aviation Company and TCM Economic Consulting, part of Prime Group, launched Air Taxi Egypt, the country’s first air taxi service, according to a press release. Announced during a high-profile ceremony at the Giza …
Event
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12 October 2025 06:23 PM Empower unveils AED 437.5m dividend for H1-25, new board members
Dubai - Mubasher: The shareholders of Emirates Central Cooling Systems Corporation (Empower) approved a cash dividend of AED 437.50 million for the first half (H1) of 2025. Empower will pay out 4.37 fils per share, equivalent to 43.75% of its …
Board of Directors
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12 October 2025 06:00 PM ADNOC L&S, TA’ZIZ to build UAE’s 1st chemicals port in Ruwais
Abu Dhabi - Mubasher: ADNOC Logistics & Services (ADNOC L&S) and TA’ZIZ have signed an agreement to establish the UAE’s first dedicated chemicals port at the TA’ZIZ Industrial Zone in Al Ruwais. Under the 50-year deal, ADNOC L&S will build, own, …
Companies Investments
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12 October 2025 03:42 PM DP World, Tashkent Invest establish $288m terminal to boost regional network
Dubai - Mubasher: DP World has partnered with Tashkent Invest, a subsidiary of the Tashkent City Administration, to develop a $288 million multimodal logistics terminal over three phases. The project aims to strengthen Uzbekistan’s logistics …
Companies Investments
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12 October 2025 03:20 PM Taaleem Holdings’ net profits hit AED 164.5m in FY24/25
Dubai - Mubasher: Taaleem Holdings witnessed 19.20% year-on-year (YoY) higher net profits valued at AED 164.51 million in fiscal year (FY) 2024/2025, against AED 138 million. Revenues reached AED 1.13 billion in FY24/25, an annual hike of 20.10% …
Financial Results
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12 October 2025 02:55 PM FABMISR partners with noon payments to promote financial inclusion
Cairo – Mubasher: First Abu Dhabi Bank Misr (FABMISR), a unit of the ADX-listed FAB, teamed up with noon payments, a subsidiary of noon, according to a press release. The partnership aims to enhance digital payment services and provide a seamless, …
Companies Investments
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12 October 2025 08:42 AM ADNOC’s listed companies mull AED 158bn cash dividends until 2030
Abu Dhabi - Mubasher: ADNOC’s six listed companies target cash dividends valued at AED 158 billion ($43 billion) through to 2030, subject to customary approvals. This is in addition to the AED 86 billion ($23 billion) already paid since the first …
General Assembly
ADNOC Distribution
7 August 2025 08:41 PM ADNOC Distribution announces robust H1-25 results with 12% net profit growth; Egypt remains core focus market
Abu Dhabi – Mubasher: ADNOC Distribution has recorded double-digit growth in its EBITDA and net profit for the first half (H1) of 2025, exceeding analyst expectations, and announced its dividend plan, according to a press release. The company …
Global Economy
Union Properties
6 August 2025 11:13 PM Union Properties’ ServeU acquires House Keeping in AED 100m deal
Dubai – Mubasher: Union Properties, through its subsidiary the facilities management (FM) solutions provider ServeU, has carried out a strategic acquisition of House Keeping and House Keeping Domestic Workers, including their subsidiary. The deal …
Companies Investments
Emaar Development records AED 40.6bn property sales in H1-25
6 August 2025 09:09 PM Emaar Development records AED 40.6bn property sales in H1-25
Dubai – Mubasher: Emaar Development sustained its strong momentum in the first half (H1) of 2025, delivering impressive results in both property sales and construction progress, according to a press release. The UAE development businesses …
Financial Results
Emaar generates 34% higher net profit before tax in H1-25
6 August 2025 08:13 PM Emaar generates 34% higher net profit before tax in H1-25; property sales hit AED 46bn, Egypt boosts int'l operations
Dubai – Mubasher: Emaar Properties achieved a net profit before tax worth AED 10.40 billion ($2.80 billion) in the first half (H1) of 2025, recording a growth of 34% compared to H1-24, according to a press release. In terms of sales growth, the …
Companies Investments
Deloitte
5 August 2025 11:02 PM Deloitte Middle East introduces ME Tax Pulse as next-generation mobile app
Mubasher: Deloitte Middle East has launched ME Tax Pulse to be a next-generation mobile application designed to deliver timely, relevant, and region-specific tax insights to professionals across the region, according to a press release. The app …
Global Economy