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Founders of Ray
19 April 08:02 AM Dubai-based Ray closes $1.2m funding round to fuel GCC expansion
UAE - Mubasher: Dubai-based powerbank-sharing startup Ray has raised a $1.20 million seed round from private investors, including Meirambek Abelkasov and Serik Uspanov, co-founders of JET. The startup will use the fresh capital to expand its …
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19 April 07:46 AM CBE offers T-bills worth EGP 90bn on Sunday
Cairo – Mubasher: The Central Bank of Egypt (CBE) issued treasury bills (T-bills) worth EGP 90 billion through two offerings on Sunday, 19 April. The first offering was valued at EGP 50 billion, with a tenor of 91 days until 21 July 2026, …
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19 April 07:44 AM Dar Global secures $250m facility from Emirates NBD to back global expansions
Dubai - Mubasher: Emirates NBD has executed a $250 million syndicated term loan for London-listed luxury international real estate developer Dar Global, according to a press release. Dar Global, which is majority owned by Dar Al Arkan Real Estate …
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16 April 06:19 AM CBE auctions EGP 105bn T-bills on Thursday
Cairo – Mubasher: The Central Bank of Egypt (CBE) offered treasury bills (T-bills) at a combined value of EGP 105 billion through two auctions on Thursday, 16 April. The first tranche stood at EGP 55 billion and will mature in 182 days until 20 …
INVIA
16 April 06:13 AM INVIA closes $1.2m funding round to expand AI-backed tools in SMEs
Cairo – Mubasher: Egypt-based fintech startup INVIA has raised $1.20 million from angel investors and strategic backers to expand its AI-driven financial operating system for small and medium enterprises (SMEs). The funding will be directed to …
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15 April 09:28 AM 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 and the price of each certificate in EGP, except for Azimut …
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14 April 04:23 PM Homegrown Ventures closes nearly $23m debut fund to back MENA CPG startups
UAE - Mubasher: Homegrown Ventures has closed its debut Fund I at $22.80 million, which exceeded its initial $20 million target, according to a press release. The venture capital (VC) firm will focus on early-stage consumer packaged goods (CPG) …
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14 April 09:12 AM 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 and the price of each certificate in EGP, except for Azimut …
Reme-D
13 April 03:18 PM Egypt’s biotech startup Reme-D to expand in Middle East via GIF-led funding
Cairo – Mubasher: Egyptian biotech startup Reme-D has secured a $500,000 investment from the Global Innovation Fund (GIF) to scale its molecular diagnostics solutions across Africa and the Middle East. The new funding will support the company’s …
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13 April 08:43 AM Egypt’s Ministry of Finance unveils EGP 95bn T-bills
Cairo – Mubasher: The Egyptian Ministry of Finance announced the issuance of treasury bills (T-bills) with a total value of EGP 95 billion, Mubasher cited the Middle East News Agency (MENA). The average yield on 91-day issuance was 24.46%, with a …
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12 April 01:23 PM CI Capital to disburse EGP 0.57/shr dividends for 2025
Cairo - Mubasher: The shareholders of CI Capital Holding for Financial Investments greenlighted cash dividends for 2025. The EGX-listed company will distribute a dividend of EGP 0.57 per share, according to a bourse filing. Meanwhile, the dividend …
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9 April 08:07 PM FABMISR expands network in Egypt via El Sadat branch
Cairo – Mubasher: First Abu Dhabi Bank Misr (FABMISR), a unit of the UAE-listed FAB, has opened a new branch in El Sadat City in Monufeya Governorate in line with its continued expansion strategy. Through its new branch, the lender aims to enhance …
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9 April 03:35 PM QNB’s consolidated net profits jump in Q1-26; total assets cross EGP 1trn
Cairo - Mubasher: Qatar National Bank (QNB) generated year-on-year (YoY) higher consolidated net profits after tax at EGP 9.52 billion in the first quarter (Q1) of 2026, compared with EGP 7.18 billion. The earnings per share (EPS) climbed to EGP …
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9 April 06:02 AM Saudi sports gaming startup ElGoat raises $266,000 funding to expand in MENA
Riyadh - Mubasher: Saudi Arabia-based sportstech ElGoat has closed a $266,000 Seed funding round backed by Trigon, with a valuation of $2.66 million, according to a press release. The fresh capital will be directed toward enhancing the platform’s …
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9 April 05:56 AM PIF backs King Street’s fund to expand private credit investment in MENA
Riyadh - Mubasher: The Public Investment Fund (PIF) signed a non-binding memorandum of understanding (MoU) with leading global investment management firm King Street Capital Management to expand private credit investment opportunities in Saudi …
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9 April 05:51 AM CBE announces EGP 104bn debt instruments on Thursday
Cairo – Mubasher: The Central Bank of Egypt (CBE) auctioned treasury bills (T-bills) at a total value of EGP 95 billion through two tranches on Thursday, 9 April. The first issue was valued at EGP 50 billion, with a tenor of 182 days until 13 …
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8 April 09:21 AM 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 and the price of each certificate in EGP, except for Azimut …
ALEXBANK
8 April 08:42 AM ALEXBANK delivers EGP 19.8bn profits before tax in 2025
Cairo – Mubasher: ALEXBANK closed 2025 with a strong and sustainable performance, registering net profits before income tax valued at EGP 19.84 billion, higher by 42.30% year-on-year (YoY) when compared to 2024. The net profits after tax jumped by …
ADIB Egypt stock approaches breakout above EGP 41
7 April 04:53 PM ADIB Egypt stock approaches breakout above EGP 41
Cairo - Mubasher: The stock of Abu Dhabi Islamic Bank–Egypt (ADIB Egypt) experienced some declines due to profit-taking after reaching a historic high around EGP 44.95. This corrective movement occurred within the overall upward trend without …
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7 April 03:47 PM Lucky secures $23m funding to expand credit access across North Africa
Cairo - Mubasher: Lucky, a leading fintech platform in Egypt and the Middle East, has closed a $23 million Series B funding round, including a mix of equity and debt, according to a press release. The new funding will focus on scaling Lucky’s …
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7 April 01:17 PM Crédit Agricole Egypt to disburse EGP 4.1bn dividends for 2025
Cairo - Mubasher: The ordinary general assembly of Crédit Agricole Egypt approved distributing EGP 4.15 billion in cash dividends for 2025. The EGX-listed bank will distribute a dividend of EGP 3.32 per share, according to a bourse filing. …
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7 April 10:05 AM Aramco Ventures co-leads US-based Via Separations’ $36m funding round
Riyadh - Mubasher: Saudi Arabia’s Aramco Ventures has participated in a $36 million funding round for US-based deeptech startup Via Separations, alongside Climate Investment and Marathon Petroleum. The investment will support global deployment of …
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7 April 09:47 AM 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 and the price of each certificate in EGP, except for Azimut …
Mashreq Bank
6 April 01:34 PM Mashreq becomes UAE’s 1st bank to offer cross-border accounts for non-resident Egyptians
Dubai - Mubasher: Mashreq Bank has introduced a new service allowing UAE-based Egyptian nationals to open accounts with Mashreq Egypt instantly and fully remotely. The service enables customers to manage their accounts, view balances in a single …
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6 April 12:15 PM O B Financial shifts to EGP 585m consolidated net profits in 2025
Cairo - Mubasher: O B Financial Holding turned to consolidated net profits worth EGP 585.31 million in 2025, compared to net losses after tax of EGP 5.24 million in 2024. The basic earnings per share (EPS) stood at EGP 0.127 in July-December 2025, …