Egypt
Mubasher TV
 Contact Us Advertising   العربية
Egypt
EGX Pre Open
05 April 10:21 AM

Top News

Photo Archive
2 July 2025 09:19 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 as of 1 July …
Banking and Finance
Photo Gallery
1 July 2025 01:04 PM Ericsson launches new regional HQ in Riyadh
Riyadh – Mubasher: Ericsson has inaugurated its new regional headquarters (HQ) in Riyadh, supporting its operations across the Middle East and Africa (MEA) region, according to a press release. The event addressed the evolution of network …
Companies Investments
Photo Archive
1 July 2025 09:11 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 as of 30 June …
Mutual Funds
Photo Gallery
30 June 2025 06:45 PM Dubai-based Autoworld invests AED 45m in Jafza facility to drive regional growth
Dubai - Mubasher: Autoworld International FZCO, the regional distributor for India’s Bajaj Auto, plans to establish a new logistics and distribution hub in the Jebel Ali Free Zone (Jafza), with total investments of AED 45 million. The …
Companies Investments
Minister of Planning, Economic Development, and International Cooperation Rania El-Mashat
30 June 2025 00:25 PM Egypt’s GDP growth rate accelerates to 3-year high
Cairo – Mubasher: Egypt’s real gross domestic product (GDP) growth accelerated to 4.77% in the third quarter (Q3) of fiscal year (FY) 2024/2025, up from 2.2% in Q3 of FY23/24. Minister of Planning, Economic Development, and International …
Sector Reports
Photo Gallery
30 June 2025 11:27 AM Multiply Group sells PAL Cooling Holding to Tabreed, CVC DIF for AED 3.8bn
Abu Dhabi - Mubasher: Multiply Group entered into an agreement to monetize 100% of its shares in PAL Cooling Holding for a consortium comprising  National Central Cooling Company (Tabreed) and CVC DIF. The transaction, valued at approximately AED …
Mergers and Acquisitions
Photo Archive
30 June 2025 10:14 AM CBE offers EGP 75bn debt instruments on Monday
Cairo – Mubasher: The Central Bank of Egypt (CBE) issued treasury bills (T-bills) at EGP 65 billion through two auctions on Monday, 30 June, according to official data. The first auction was valued at EGP 25 billion and will mature in 91 days on …
Treasury Bills
Photo Archive
30 June 2025 09:45 AM Prices of investment funds including certificates in EGP
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 as of 29 June …
Companies Investments
Photo Archive
29 June 2025 03:26 PM Valu closes 16th securitized bond issuance at EGP 859m
Cairo – Mubasher: U Consumer Finance (Valu) has closed its 16th securitized bond issuance, valued at EGP 858.90 million, in collaboration with EFG Hermes, an EFG Holding Company. The issuance marks the sixth under Valu’s EGP 16 billion …
Companies Investments
Photo Archive
29 June 2025 05:44 AM Air Arabia, Saudia announce new routes in Russia
Mubasher: Air Arabia and Saudia have expanded their operations in Russia to enhance global connectivity, according to press releases. The Emirati low-cost airline inaugurated its new route to Sochi with a frequency six weekly flights, marking the …
Companies Investments
Photo Archive
29 June 2025 05:42 AM CBE unveils EGP 80bn T-bills, floating-rate note on Sunday
Cairo – Mubasher: The Central Bank of Egypt (CBE) announced treasury bills (T-bills) valued at EGP 80 billion through two tranches on Sunday, 29 June, according to official data. The first auctions stood at EGP 35 billion and will mature in 182 …
Banking and Finance
Photo Gallery
29 June 2025 05:40 AM Italy’s Pronur enters Saudi Arabia to boost energy sector
Riyadh – Mubasher: Italy-based Pronur has launched its business in Saudi Arabia to advance renewable energy solutions across the Kingdom, according to a press release Established in 2021, Pronur works with major local and global entities, …
Global Economy
Photo Gallery
29 June 2025 05:38 AM Madinet Masr’s investment platform SAFE attracts EGP 300m since launch
Cairo – Mubasher: Secure Assets for Fixed Earnings(SAFE), the real estate investment platform of Madinet Masr Housing and Development, has handled transactions totaling EGP 300 million in inventory value. SAFE facilitated the sale of more than …
Companies Investments
Photo Gallery
29 June 2025 05:36 AM Sakan Developments launches EGP 4.8bn Park-U project in El Shorouk City
Cairo – Mubasher: Sakan Developments has launched its flagship project, Park-U, in El-Shorouk City, with investments exceeding EGP 4.80 billion, according to a press release. The launch is part of the group’s expansion plan aimed at creating …
Real estate
Photo Gallery
26 June 2025 02:50 PM Contact joins forces with noon to bolster digital payment services
Cairo - Mubasher: Contact Financial Holding has partnered with noon Payments to strengthen Egypt’s digital payment landscape, while expanding access to seamless, innovative, and customer-centric financial solutions across the market. This …
Companies Investments
Photo Gallery
26 June 2025 01:15 PM Deloitte Middle East, AWS unveil $1bn expansion plans to boost digital transformation
Mubasher: Deloitte Middle East and Amazon Web Services (AWS) rolled out plans to deliver $1 billion worth of services by 2030, accelerating digital transformation across the Middle East, according to a press release. Both parties will inject …
Global Economy
Photo Gallery
26 June 2025 00:13 PM EFG Hermes leads Specialized Medical’s debut on Tadawul
Mubasher: EFG Hermes, an EFG Holding Company, closed its advisory on the $500 million initial public offering (IPO) of Specialized Medical Company (SMC), marking its third IPO in the healthcare sector over the past 12 months. The company began …
Trading Activities
Photo Gallery
26 June 2025 11:08 AM AI-powered idea-L secures $1m oversubscribed pre-seed to expands business in Middle East
UAE – Mubasher: Dubai-based AI-powered platform for idea realization platform (IRP) idea-L, has closed an oversubscribed $1 million pre-seed round, according to a press release. Led by a wide syndicate of investment angels, the transaction …
Global Economy
Photo Gallery
26 June 2025 10:25 AM Tesla inaugurates 1st center in Saudi Arabia amid increasing demand for EVs
Riyadh-Mubasher: Tesla has opened its first center in Saudi Arabia to meet the Kingdom's growing demand for electric vehicles (EVs) and support its commitment to sustainable transportation. Located in Riyadh on Takhassousi Rd, the Tesla center …
Companies Investments
Photo Gallery
26 June 2025 09:01 AM MNT-Halan’s Tasaheel concludes Egypt’s 1st SME-focused issuance at EGP 4.7bn
Cairo – Mubasher: Tasaheel, part of MNT-Halan, has completed Egypt’s first securitization issuance, with a total value of EGP 4.70 billion across six tranches. The issuance was rated ‘P1’ for short-term tranches and ‘A-‘ for long-term tranches by …
Banking and Finance
Photo Archive
25 June 2025 02:56 PM Mashreq Bank inaugurates office in Turkey to expand global presence
Dubai – Mubasher: Mashreq Bank has opened its representative office in Turkey as a part of its commitment to supporting Turkish financial institutions and corporates. The UAE-based lender has an effective role in channeling risk capacity and …
Banking and Finance
Rabih Farhat, CEO of Related
25 June 2025 05:56 AM Related secures $8m investment from Saudi Equivator to fuel MENA expansion
Mubasher: UAE-based loyalty and rewards company Related has secured an $8 million investment from Saudi premier alternative asset management firm Equivator, according to a press release. Related will use the new capital to support the launch of …
Companies Investments
Photo Gallery
25 June 2025 05:44 AM Altery scales financial services in MENA via DFSA license
Mubasher: Altery MENA Limited, a subsidiary of UK-based fintech Altery Limited, secured a regulatory license from the Dubai Financial Services Authority (DFSA), according to a press release. This move supports Altery’s global strategy to establish …
Companies Investments
Photo Archive
25 June 2025 05:31 AM Aldar upgraded to ‘A’ rating in MSCI ESG Rating assessment
Abu Dhabi – Mubasher: Aldar Properties entered the top quartile of MSCI ESG Rating, ranking among global real estate companies after securing an upgrade to ‘A’ rating in the latest assessment, according to a press release. The rating aligns with …
Global Economy
Photo Gallery
24 June 2025 03:05 PM Burjeel Holdings supports regional growth via AED 170m acquisition deal
Abu Dhabi - Mubasher: Burjeel Holding has acquired the Medeor 24x7 Hospital building in Dubai for AED 170 million, according to a press release. The acquisition aligns with the group’s long-term strategy to enhance operational control, reduce …
Mergers and Acquisitions