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10 May 03:00 PM Bank of Sharjah achieves 30% higher profits in Q1-26; total assets hit AED 55bn
Abu Dhabi – Mubasher: The net profits of Bank of Sharjah increased by 30% year-on-year (YoY) to AED 151.19 million in the first quarter (Q1) of 2026 from AED 116.17 million. The basic and diluted earnings per share (EPS) went up to AED 0.05 in …
PureHealth
10 May 01:20 PM PureHealth exceeds AED 6.3bn in local procurement spend
Abu Dhabi – Mubasher: PureHealth Holding has crossed AED 6.33 billion in local procurement spend since joining the Ministry of Industry and Advanced Technology’s (MoIAT) National In-Country Value (ICV) program in 2022. This marks a near threefold …
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7 May 08:17 PM MENA’s 1st digital private wealth platform Vault launches in Saudi Arabia
Riyadh – Mubasher: Vault, a global digital wealth management and advisory platform, has expanded its services into Saudi Arabia after obtaining the Capital Market Authority (CMA) license for advisory services. The first digital private wealth …
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10 May 10:48 AM Emaar Properties unveils AED 70bn awarded contracts to drive UAE industrial growth
Dubai – Mubasher: Emaar Properties announced total awarded contracts valued at nearly AED 70 billion during the fifth edition of 'Make It in the Emirates', according to a press release. This aligns with the group’s commitment to strengthening …
Emirates NBD
10 May 10:23 AM Emirates NBD Egypt delivers strong financial results in Q1-26; profits hit EGP 1.7bn
Cairo – Mubasher: Emirates NBD Egypt, a subsidiary of UAE-based Emirates NBD, delivered strong financial performance in the first quarter (Q1) of 2026, generating 22% year-on-year (YoY) higher net profits at EGP 1.70 billion. Net interest income …
Mastercard
7 May 02:40 PM Mastercard introduces SME program to bolster MENA economic stability; listed entities partake
Mubasher: Mastercard has initiated a regional resilience program aimed at supporting SMEs across the MENA region while establishing a coordinated ecosystem of financial tools and policy support. Under the name ‘Built Small. Moving Strong,’ the new …
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6 May 06:17 PM DIB, Mashreq Bank lead AED 18bn industrial financing for MoIAT
Dubai – Mubasher: Dubai Islamic Bank (DIB) and Mashreq Bank jointly signed memoranda of understanding (MoUs) with the Ministry of Industry and Advanced Technology (MoIAT) to secure financing for boosting the industrial sector. The ministry will …
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6 May 05:27 PM TA’ZIZ signs $28.5bn agreements to expand industrial portfolio
UAE - Mubasher: TA’ZIZ signed long-term agreements, ranging from five to 25 years, at a combined value of $28.50 billion (AED 104.60 billion) at the ‘Make it in the Emirates’ event, according to a press release. The deals secure global offtake and …
Sultan Al Jaber, ADNOC’s Managing Director and Group CEO
6 May 10:50 AM Al Jaber unveils AED 180bn procurement to drive UAE economic growth, addresses OPEC exit
Abu Dhabi - Mubasher: Sultan Al Jaber, ADNOC’s Managing Director and Group CEO, announced AED 180 billion in new industrial procurement opportunities to accelerate industrial growth and economic resilience. During the fifth edition of ‘Make it in …
Capital Group
6 May 10:06 AM Capital Group to launch 1st regional office in ADGM
UAE – Mubasher: Capital Group, one of the world’s largest active investment managers, plans to establish an office in the UAE’s Abu Dhabi Global Market (ADGM), marking its first within the Middle East region. The Abu Dhabi office is expected to be …
ADIB
5 May 05:52 PM ADIB Egypt’s consolidated profits leap to EGP 3.6bn in Q1-26
Cairo - Mubasher: Abu Dhabi Islamic Bank – Egypt (ADIB Egypt) generated EGP 3.65 billion in consolidated net profit after tax during the first quarter (Q1) of 2026, up year-on-year (YoY) from EGP 3.03 billion. The basic earnings per share (EPS) …
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5 May 01:15 PM SENAAT’s Egypt-based unit, Elegancia Steel pen deal for joint project in Algeria
Riyadh - Mubasher: Zamil Structural Steel Company, Egypt-based subsidiary of Advanced Building Industries Company (SENAAT), inked a SAR 362.60 million agreement with Qatar-based Elegancia Steel Company. Under the 18-month agreement, Zamil …
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5 May 10:38 AM Alpha Dhabi begins 2026 with 82% higher profits at AED 3.8bn in Q1
Abu Dhabi – Mubasher: Alpha Dhabi Holding delivered 81% year-on-year (YoY) higher profits at AED 3.80 billion in the first quarter (Q1) of 2026, compared to AED 2.09 billion. The basic and diluted earnings per share (EPS) increased to AED 0.22 in …
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30 April 07:23 AM Saudi Arabia launches strict measures to protect ‘No Hajj Without Permit’ policy
Riyadh – Mubasher: The Saudi Ministry of Hajj and Umrah has reinforced strict measures to maintain the "No Hajj Without a Permit" policy in line with its commitment to protecting the rights of authorized pilgrims. This mandate ensures that all …
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4 May 12:28 PM 2PointZero announces resilient performance in Q1-26; revenues leap to AED 9.9bn
Abu Dhabi - Mubasher: 2PointZero Group, formerly known as Multiply Group, registered net profits valued at AED 2.28 billion in the first quarter (Q1) of 2026, an annual leap from AED 210.23 million. The basic and diluted earnings per share (EPS) …
ADNOC
4 May 09:50 AM ADNOC plans AED 200bn project awards until 2028
Abu Dhabi - Mubasher: Abu Dhabi National Oil Company (ADNOC) announced project awards at a total value of AED 200 billion ($55 billion) for 2026-2028 to accelerate growth, according to a press release. The awards reinforce delivery of the group’s …
Americana Restaurants International
29 April 12:54 PM MENA-focused restaurant operator Americana Restaurants delivers robust double-digit growth in Q1-26 financials
Mubasher: Americana Restaurants International, the largest out-of-home dining and quick service restaurant operator in MENA and Kazakhstan, witnessed double-digit growth across revenue, EBITDA, and net profit during the first quarter (Q1) of 2026. …
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3 May 12:53 PM Dana Gas confirms full settlement of overdue receivables in Egypt
Abu Dhabi – Mubasher: Dana Gas has received an additional payment of $20 million from Egypt, confirming the full settlement of overdue receivables from the country, according to a press release. This follows the receipt of a $50 million payment in …
CBI
3 May 10:44 AM CBI’s expanded investment portfolio stimulates 7% higher total assets in Q1-26
Abu Dhabi - Mubasher: The net profits of Commercial Bank International (CBI) rose year-on-year (YoY) to AED 47.12 million in the first quarter (Q1) of 2026 from AED 41.70 million. The interest income and income from Islamic financing and investing …
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3 May 10:40 AM DFM opens 2026 with higher profits; revenues hit AED 253m in Q1-26
Dubai – Mubasher: Dubai Financial Market Company (DFM) delivered total consolidated revenues amounting to AED 253.12 million in the first quarter (Q1) of 2026, representing an annual rise from AED 186.47 million. Net profits after tax reached AED …
Amadou Diallo, Group CEO of Aramex
3 May 10:36 AM Global logistics leader Aramex appoints Diallo as Group CEO
Dubai - Mubasher: Aramex named Amadou Diallo as its new Group CEO who will lead the Accelerate28 strategy to strengthen the company's core business, improve customer experience, and scale capabilities across key growth markets. Diallo brings over …
Mashreq
3 May 10:07 AM Mashreq enters 2026 with roust momentum; operating income surpasses AED 3.4bn in Q1-26
Dubai – Mubasher: Mashreq Bank logged net profits after tax worth AED 1.92 billion in the first quarter (Q1) of 2026, higher by 8% year-on-year (YoY) than AED 1.79 billion. The earnings per share (EPS) increased to AED 9.15 as of 31 March 2026 …
PureHealth
3 May 09:24 AM PureHealth’s net profits near AED 415m in Q1-26 interim results
Abu Dhabi – Mubasher: PureHealth Holding recorded AED 414.86 million in net profit during the first quarter (Q1) of 2026, an annual drop from AED 505.23 million. The revenues amounted to AED 7.26 billion in Q1-26, compared to AED 6.58 billion a …
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26 April 01:06 PM Sudatel Telecom unveils higher net income in audited financials for 2025
Abu Dhabi - Mubasher: The audited consolidated net profits of Sudatel Telecom Group reached $117.53 million in 2025, which came higher year-on-year (YoY) than $18.25 million. The earnings per share (EPS) increased to $0.084 at the end of 2025 from …
Dar Al Balad for Business Solutions
26 April 11:07 AM Dar Al Balad for Business Solutions revenue grows 30% to SAR 315.3m; net profit increases 28% to SAR 50.5m in 2025
Riyadh - Mubasher: The book building process for institutional subscribers in the shares of Dar Al Balad for Business Solutions, a leading information technology and industrial solutions company in the Kingdom of Saudi Arabia, commences …