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21 October 2025 11:30 AM UAE-based Qashio acquires Sanad Cash to achieve global ambitions
Mubasher: UAE’s leading corporate spend management platform Qashio acquired Sanad Cash, one of Saudi Arabia’s first and most established expense management solutions. This move aligns with the company’s plans to expand its growth into the Kingdom …
Companies Investments
Qalaa Holdings stock maintains gains for the 2nd week in row
21 October 2025 11:27 AM Qalaa Holdings stock maintains gains for the 2nd week in row
Cairo – Mubasher: Qalaa Holdings’ stock has maintained a clear upward trend over the past period, trading above its two-year 200-day moving average. This reflects the continued buying power despite the sharp corrections, according to Mubasher …
Trading Activities
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21 October 2025 10:41 AM Prices of investment funds including certificates in EGP, USD
Cairo – Mubasher: Based on updated data, Mubasher is featuring mutual funds, along with their relevant prices as of the latest closing. Below, you can find the names of the Investment Funds, as well as the prices of each certificate in EGP and …
Global Economy
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21 October 2025 09:06 AM FRA rejects Sagasse’s MTO to acquire Elsewedy Electric
Mubasher: The Financial Regulatory Authority (FRA) has rejected the mandatory tender offer (MTO) submitted by Sagasse Investment Company to fully acquire Elsewedy Electric Company. Sagasse intended to offer EGP 65 per share in cash or via share …
Corporate Actions
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20 October 2025 01:28 PM CBUAE greenlights Tamara’s license to exapnd in fintech sector
Riyadh - Mubasher: Tamara, Saudi Arabia’s first homegrown fintech unicorn, has officially received a restricted finance license from the Central Bank of the UAE (CBUAE), according to a press release. Tamara anchored its position as a leading …
Banking and Finance
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20 October 2025 00:58 PM Systemair expands regional footprint with new Riyadh office
Riyadh - Mubasher: Systemair Saudi Arabia has inaugurated its new production facility in Riyadh, expanding the company’s regional footprint, according to a press release. The new office spans approximately 13,000 square meters, with a …
Global Economy
CIB stock maintains uptrend as indicators signal further gains
20 October 2025 11:16 AM CIB stock maintains uptrend as indicators signal further gains
Cairo - Mubasher: Recent technical indicators highlighted that the stock of Commercial International Bank Egypt (CIB) continues its positive momentum after completing a correction that lasted for several sessions. The stock successfully maintained …
Banking and Finance
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20 October 2025 11:00 AM SehaTech boosts health insurance services in Egypt via $1.1m funding
Cairo – Mubasher: Egyptian Insurtech company SehaTech has closed a $1.10 million Seed funding round, bringing its total funding to $2 million, according to a press release. With this latest round of funding, SehaTech plans to expand its team, …
Companies Investments
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20 October 2025 09:33 AM CBE auctions T-bonds, floating-rate notes on Monday
Cairo – Mubasher: The Central Bank of Egypt (CBE) offered fixed treasury bonds (T-bonds) at an aggregated value of EGP 30 billion over two tranches on Monday, 20 October. The first auction was valued at EGP 10 billion and will mature in two years …
Bonds
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20 October 2025 08:36 AM Visa to relocate regional digital sales center from Dubai to Cairo
Mubasher: Visa plans to relocate its regional digital sales center from Dubai to Cairo, leveraging Egypt's competitive advantage in terms of efficiency, operational costs, and technical infrastructure. The digital payment organization intends to …
Banking and Finance
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20 October 2025 08:14 AM Prices of investment funds including certificates in EGP, USD
Cairo – Mubasher: Based on updated data, Mubasher is featuring mutual funds, along with their relevant prices as of the latest closing. Below, you can find the names of the Investment Funds, as well as the prices of each certificate in EGP and …
Trading Activities
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20 October 2025 07:38 AM Crescent Enterprises invests $68m to build globally competitive ventures from UAE
UAE - Mubasher: Crescent Enterprises recently unveiled an investment program of $68 million (AED 250 million) to scale CE-Creates, its venture-building platform, according to a press release. CE-Creates operates as a sector-agnostic venture …
Global Economy
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20 October 2025 07:08 AM Vulcan expands GenAI solutions in MENA via partnership with Presight
Abu Dhabi - Mubasher: The Vulcan innovative GenAI security solutions announced strategic partnerships at the GITEX Global 2025 conference to expand across the MENA region. Through the Presight AI-Startup Accelerator, leading members of the G42 …
Companies Investments
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19 October 2025 05:10 PM UAE-based CADO secures $4.5m funding to fuel regional, global growth
UAE- Mubasher: CADO, the UAE-founded premium gifting platform, has raised $4.50 million in a pre-seed funding round with participation from Sanabil 500, a German family office, and several high-net-worth and angel investors. The fresh capital will …
Companies Investments
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19 October 2025 03:46 PM Nanovate closes $2m funding round to expand in Saudi Arabia, UAE
Cairo – Mubasher: Egypt’s AI startup Nanovate has raised $2 million in a pre-seed funding round led by a group of angel investors, according to a press release. The startup will use the new funding to expand in Saudi Arabia and the UAE, strengthen …
Companies Investments
GB Corp
19 October 2025 02:17 PM GB Corp rebounds from uptrend line as stock tests key resistance at EGP 23.8
Cairo - Mubasher: GB Corp’s stock is currently trading within an uptrend extending back to 2024, maintaining its movement above the main trend line, according to Mubasher Research. This reflects the strength of the upward trend that has dominated …
Trading Activities
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19 October 2025 00:58 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 18 …
Global Economy
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19 October 2025 11:26 AM NBE launches 1st branch in Saudi Arabia
Cairo – Mubasher: The National Bank of Egypt (NBE) has launched its business in Riyadh after receiving clearance from the Saudi Central Bank (SAMA) to operate in the kingdom, according to a press release. Mohamed El Etreby, the CEO of NBE, …
Banking and Finance
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19 October 2025 09:42 AM Midad Energy pens $5.4bn deal with Algeria’s Sonatrach to expand global footprint
Riyadh - Mubasher: Saudi energy investor-operator Midad Energy has signed a $5.40 billion production-sharing agreement with Algeria’s state-owned oil and gas company Sonatrach, according to a press release. The deal, fully funded by Midad Energy, …
Companies Investments
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19 October 2025 08:18 AM ACWA Power’s affiliate closes SAR 10.8bn financing for Qurayyah CCGT IPP project
Riyadh - Mubasher:  Hajar Two Electricity Company, an affiliate of ACWA Power company, has achieved financial close of the Qurayyah CCGT IPP expansion project in the Eastern province of Saudi Arabia at an amount of SAR 10.80 billion ($2.90 …
Global Economy
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19 October 2025 07:59 AM Emirates NBD reinforces global position via $3bn stake in India’s RBL Bank
Dubai - Mubasher: Emirates NBD entered into definitive agreements to acquire a controlling stake in India-based RBL Bank Limited through a primary infusion of approximately $3 billion. The proposed transaction aligns with the DFM-listed bank’s …
Companies Investments
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19 October 2025 07:35 AM CBE auctions T-bills worth EGP 78bn on Sunday
Cairo – Mubasher: The Central Bank of Egypt (CBE) offered treasury bills (T-bills) at a combined value of EGP 78 billion through two tranches on Sunday, 19 October. The first issue was valued at EGP 30 billion and will mature in 91 days on 20 …
Treasury Bills
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16 October 2025 06:58 PM MFIC, Nawy Now raise EGP 443m in region’s 1st Ijarah-backed mortgage fund
Cairo - Mubasher: Misr for Financial Investments (MFIC), Synergy Capital’s asset-management arm, in partnership with Nawy Now, has raised EGP 443 million for MFIC’s first issuance fund in just 10 days. The oversubscribed fund marks Egypt and the …
Companies Investments
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16 October 2025 06:10 PM Sidpec logs 20.5% drop in 9M-25 net profits
Cairo - Mubasher: Sidi Kerir Petrochemicals Company (Sidpec) generated net profits after tax worth EGP 1.50 billion in the first nine months (9M) of 2025, lower by 20.43% than EGP 1.88 billion in 9M-24. Revenues hit EGP 10.91 billion as of 30 …
Financial Results
stock
16 October 2025 11:46 AM Beltone's stock faces resistance at EGP 3.40 - Analysis
Cairo – Mubasher: Technical movements indicate that Beltone Holding's stock is clearly attempting to establish a medium-term bottom around EGP 3.00 on the daily chart. This came after an extended correction wave that followed a strong rally from …
Stock Evaluations