Egypt
Mubasher TV
 Contact Us Advertising   العربية
Egypt
EGX Closed
28 May 10:13 PM

Top News

Photo Archive
18 December 2025 01:56 PM ICON’s consolidated net profits drop to EGP 526m in 9M-25; positive turn in standalone financials
Cairo - Mubasher: Industrial Engineering Company for Construction and Development (ICON) registered an annual plunge in consolidated net profits after tax to EGP 525.94 million in the first nine months (9M) of 2025, compared to EGP 814.51 million. …
Real estate
Photo Gallery
18 December 2025 06:39 AM UAE-based Qashio launches European HQ in Dublin
Mubasher: MENA’s leading spend management solution Qashio opened its European headquarters (HQ) in Ireland, accelerating its global growth strategy, according to a press release. Located in Dublin, the new office marks the company’s fifth launch …
Global Economy
Photo Gallery
18 December 2025 06:20 AM Masdar concludes 1st project in GBP 1bln UK battery storage investment
Abu Dhabi – Mubasher: Abu Dhabi Future Energy Company (Masdar) began the commercial operations at its battery energy storage system (BESS) facility in Stockport. The first project is set to be completed under Masdar’s GBP 1 billion commitment to …
Global Economy
Photo Archive
18 December 2025 06:14 AM CBE unveils T-bills worth EGP 85bn on Thursday
Cairo – Mubasher: The Central Bank of Egypt (CBE) offered treasury bills (T-bills) at a combined value of EGP 85 billion through two auctions on Thursday, 18 December. Valued at EGP 35 billion, the first issue will mature in 182 days on 23 June …
Banking and Finance
Photo Gallery
17 December 2025 05:08 PM Hub71’s Planys closes $12m funding round for global expansion
Mubasher: Planys Technologies, a Hub71 startup and deep-tech leader in underwater robotics and advanced inspection solutions, has raised around $12 million in primary funding. The investment will be used to drive its next phase of global …
Companies Investments
Photo Archive
17 December 2025 01:01 PM EFG Hermes leads Action Energy's listing on Boursa Kuwait
Kuwait - Mubasher: EFG Hermes, an EFG Holding, served as a joint global coordinator and joint bookrunner on Action Energy Company’s (AEC) private placement and listing on Boursa Kuwait's Premier Market.  Action Energy Company raised KWD 55 million …
Trading Activities
Photo Archive
17 December 2025 11:02 AM Souhoola closes 2nd securitization bond issuance for CI Capital at EGP 585m
Cairo - Mubasher: BM Consumer Finance (Souhoola) has completed its second securitization bond issuance valued at EGP 585 million for CI Capital Holding for Financial Investments, backed by a transferred portfolio worth EGP 732 million. The …
Banking and Finance
Photo Archive
16 December 2025 03:25 PM Nahr Elkhair secures EGP 15m contract from Agriculture Ministry
Cairo - Mubasher: Al Khair River for Development Agricultural Investment and Environmental Services Company (Nahr Elkhair) has signed a contract with Egypt’s Ministry of Agriculture and Land Reclamation to cultivate 150 feddans of local broad bean …
Companies Investments
Photo Archive
16 December 2025 02:18 PM Elsewedy Electric fuels regional expansion via new investments in Saudi Arabia, Qatar
Cairo - Mubasher: Elsewedy Electric Company announced expansion plans in Saudi Arabia and Qatar in line with its growth strategy, according to a bourse disclosure.  The EGX-listed firm has opened new factories in Saudi Arabia, spanning the …
Companies Investments
Photo Archive
16 December 2025 01:04 PM GTEX logs $1.5m consolidated net profits in 9 months
Cairo - Mubasher: GTEX for Commercial and Industrial reported consolidated net profits after tax of $1.39 million in the nine-month period that ended on 31 October 2025, according to the financial results.  The earnings per share (EPS) reached …
Financial Results
Photo Archive
16 December 2025 11:26 AM Arabia Investments swings to EGP 154m consolidated net losses in 9M-25
Cairo - Mubasher: Arabia Investments Holding Company suffered consolidated net losses after tax of EGP 154.27 million in the first nine months (9M) of 2025, against net profits after tax of EGP 22.75 million in 9M-24. The loss per share reached …
Financial Results
Photo Archive
16 December 2025 09:34 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 as well as the price of each certificate in EGP, except for …
Mutual Funds
Photo Archive
16 December 2025 08:26 AM LuLu boosts regional expansion strategy with new launch in Saudi Arabia
Abu Dhabi - Mubasher: Lulu Retail Company has opened a new hypermarket in Aziz Mall, bringing its total store network in Saudi Arabia to 65 locations, according to a press release. The opening aligns with Lulu’s expansion roadmap, with additional …
Companies Investments
Photo Gallery
16 December 2025 07:59 AM MENA’s e-commerce noon secures $500m funding co-led by PIF for potential IPO
UAE – Mubasher: MENA-focused e-commerce platform noon has raised $500 million in new funding from existing backers, including Saudi Public Investment Fund (PIF) and Emaar’s Founder, Mohammed Alabbar. The company moves closer to a potential initial …
Global Economy
Photo Gallery
15 December 2025 02:39 PM PayTabs Egypt, Edita team up to streamline payments, cash collection
Cairo - Mubasher: PayTabs Egypt has partnered with Edita Trade, a subsidiary of Edita Food Industries, to integrate its cash collection solution into the company’s operations, simplifying payments between Edita’s representatives and distributors. …
Companies Investments
Photo Gallery
15 December 2025 01:27 PM Hassan Allam awarded $250m contract to build Afreximbank’s regional HQ in Egypt
Cairo - Mubasher: Hassan Allam Construction, a subsidiary of Hassan Allam Holding, has won a $250 million contract to build the African Export-Import Bank (Afreximbank) African Trade Centre (AATC) in Egypt’s New Administrative Capital (NAC). The …
Banking and Finance
Photo Archive
15 December 2025 00:02 PM AD Ports aims to take over Alexandria Containers through additional stake
Cairo - Mubasher: Abu Dhabi Ports Company (AD Ports) plans to launch a cash mandatory tender offer (MTO) to acquire an additional stake in Alexandria Container & Cargo Handling Company, taking control over one of Egypt’s largest container terminal …
Mergers and Acquisitions
Photo Archive
15 December 2025 09:10 AM CBE unveils EGP 36bn T-bonds on Monday
Cairo – Mubasher: The Central Bank of Egypt (CBE) offered fixed treasury bonds (T-bonds) at a combined value of EGP 36 billion over two auctions on Monday, 15 December. The first issue was valued at EGP 14 billion and will mature in two years on 2 …
Central Banks
Photo Archive
15 December 2025 09:01 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 as well as the price of each certificate in EGP, except for …
Mutual Funds
Photo Gallery
14 December 2025 06:37 PM IHC expands global portfolio by increasing stake in Invictus Investment
Abu Dhabi - Mubasher: International Holding Company (IHC) has raised its stake in Invictus Investment Company to approximately 40% in a major block trade valued at AED 420 million. IHC acquired 196 million shares, adding a further 17.50% …
Mergers and Acquisitions
Photo Gallery
14 December 2025 06:22 PM Raya Auto opens largest XPENG showroom in New Cairo
Cairo - Mubasher: Raya Advanced Manufacturing (Raya Auto), a subsidiary of Raya Holding for Financial Investments, has opened its largest XPENG showroom in New Cairo, alongside Egypt’s largest certified electric vehicle (EV) service center in …
Companies Investments
Photo Archive
14 December 2025 05:28 PM Palm Hills to develop new hospitality project in West Cairo
Cairo - Mubasher: Palm Hills Developments Company has signed an agreement with Marriott International to develop The St. Regis Hotel & Residences Palm Hills, a luxury hospitality project in West Cairo. The hotel will feature 150 luxury guestrooms, …
Companies Investments
Photo Archive
14 December 2025 04:38 PM EFIC ordered to pay over EGP 126m as penalties
Cairo - Mubasher: The Egyptian Financial and Industrial Company (EFIC) is required to pay EGP 126.33 million and $1.68 million as penalties for two shipments, according to a recent bourse filing.  The Cairo Regional Centre for International …
Corporate Actions
Photo Archive
14 December 2025 03:40 PM Abu Dhabi-based Black Caspian Logistics mulls 90% shareholding in Alexandria Containers
Cairo - Mubasher: Black Caspian Logistics Holding Limited announced a non-binding mandatory tender offer (MTO) to acquire up to 90% of Alexandria Containers and Cargo Handling Company. The Abu Dhabi-based company currently owns 575.90 million …
Companies Investments
Photo Archive
14 December 2025 02:40 PM Union Pharmacist swings to net losses in 9M-25
Cairo - Mubasher: Union Pharmacist Company for Medical Services and Investment turned to net losses after tax worth EGP 821,719 in the first nine months (9M) of 2025, versus net profits after tax of EGP 2.01 million in 9M-24. The loss per share …
Financial Results