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15 May 11:24 AM

Banking & Insurance

Value’s CEO Walid Hassouna and CEO of Dubai Phone Mostafa Salah
28 April 08:09 AM Valu, Dubai Phone join forces to expand digital payment solutions in Egypt
Cairo - Mubasher: U Consumer Finance (Valu) has entered into a partnership with Dubai Phone to allow customers to activate their account and pay with Valu through the Dubai Phone application, according to a press release. This will enable users …
Banking and Finance
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27 April 04:23 PM EGX reviews O B Financial’s capital reduction documents
Cairo - Mubasher: O B Financial Holding submitted documents to the Egyptian Exchange (EGX) to reduce its authorized capital as well as the paid-up and issued capital. The company plans to decrease its authorized capital from EGP 8.13 billion to …
Management Decisions
Fawry MSME
27 April 03:38 PM EBRD grants Fawry MSME EGP 250m facility to accelerate youth-led SME projects
Cairo – Mubasher: Fawry MSME Finance, a fully owned subsidiary of Fawry for Banking Technology and Electronic Payments, has secured EGP 250 million in financing from the European Bank for Reconstruction and Development (EBRD). The facility will …
Banking and Finance
Photo Archive
27 April 11:55 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 …
Trading Activities
Photo Gallery
26 April 04:44 PM QNB pens EGP 5.5bn financing deal with MARAKEZ
Cairo - Mubasher: Qatar National Bank (QNB) has signed a medium-term financing agreement worth EGP 5.50 billion with MARAKEZ, one of Egypt’s mixed-use developers. The funding will support the expansion of the 268-acre District 5 project in East …
Real estate
ADCB
23 April 08:29 PM ADCB delivers AED 3.3bn profits in Q1-26; digital operations in Egypt remain strong
Abu Dhabi – Mubasher: Abu Dhabi Commercial Bank (ADCB) logged 37% year-on-year (YoY) higher net profits at AED 3.36 billion in the first quarter (Q1) of 2026, compared to AED 2.44 billion. The operating income reached AED 5.93 billion as of 31 …
Banking and Finance
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23 April 05:24 AM CBE unveils EGP 105bn T-bills on Thursday
Cairo – Mubasher: The Central Bank of Egypt (CBE) issued treasury bills (T-bills) at a combined value of EGP 105 billion through two auctions on Thursday, 23 April. With a tenor of 182 days until 27 October 2026, the first tranche stood at EGP 55 …
Central Banks
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22 April 03:34 PM Saudi PIF expands international access to investment within Kingdom
Riyadh - Mubasher: The Saudi Public Investment Fund (PIF) and State Street Investment Management (State Street IM) have launched a new exchange-traded fund (ETF), with PIF serving as the fund’s anchor investor. The fund, known as State Street …
Banking and Finance
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22 April 12:33 PM Incolease targets EGP 18bn financial leasing portfolio by end-2026
Cairo - Mubasher: International Company for Leasing (Incolease) aims to expand its financial leasing portfolio to EGP 18 billion by the end of 2026, CEO Khaled Sarhan revealed.  This target is higher than the EGP 13.20 billion recorded in 2025, …
Banking and Finance
Photo Archive
22 April 11:23 AM GB Corp’s unit closes 2nd bond issuance under EGP 25bn securitization program
Cairo - Mubasher: Drive Finance, a subsidiary of GB Corp, has completed its seventh securitization bond issuance at a value of EGP 2.20 billion, as per a bourse filing.  Rated by Middle East Ratings and Investors Service (MERIS), the offering …
Banking and Finance
Photo Archive
22 April 09:53 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 …
Mutual Funds
Founders of Sinai.ai
22 April 08:18 AM Egypt’s Sinai.ai raises $1.4m funding to build AI-native book platform
Cairo - Mubasher: Egypt-based startup Sinai.ai has closed a $1.45 million pre-seed funding round, led by KAUST Innovation Ventures (KIV) and DisrupTech Ventures, with participation from Maza Ventures and YOUXEL Ventures. The new capital will fund …
Companies Investments
Photo Archive
21 April 02:22 PM 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 …
Banking and Finance
Photo Archive
21 April 12:55 PM B Investments Holding to acquire EGP 560m stake in EUE
Cairo - Mubasher: B Investments Holding signed definitive agreements to acquire a minority stake in the European Universities in Egypt (EUE) for a total amount of EGP 560 million, according to a bourse filing. The EGX-listed firm will inject the …
Companies Investments
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21 April 09:27 AM HD Bank’s real estate arm inks EGP 1.5bn facility deal with MIDBANK
Cairo - Mubasher: Housing and Development Properties (HDP), a subsidiary of Housing and Development Bank (HD Bank), secured an EGP 1.50 billion financing from MIDBANK. The real estate unit will utilize the loan to drive expansion plans while …
Companies Investments
Fawry
20 April 01:46 PM Fawry to launch microinsurance subsidiary to boost Egypt’s financial inclusion
Cairo - Mubasher: Fawry for Banking Technology and Electronic Payments has received the Financial Regulatory Authority's (FRA) approval to establish a dedicated microinsurance subsidiary, with a paid-in capital of EGP 60 million. Fawry for …
Banking and Finance
Al Ramz Corporation Investment and Development
20 April 11:49 AM Al Ramz Corporation unveils IPO for 2 GCC investment funds
Dubai - Mubasher: Al Ramz Corporation Investment and Development announced the initial public offering (IPO) of two new open-ended GCC investment funds, expanding its asset management platform across fixed income and equity strategies. The …
Companies Investments
EFG Hermes, an EFG Holding company
20 April 10:06 AM EFG Hermes concludes advisory on secondary share sale in Valu
Cairo - Mubasher: EFG Hermes, an EFG Holding company, has concluded its advisory role on an accelerated bookbuild (ABB) secondary share sale in U Consumer Finance (Valu). The transaction involved the placement of 53.80 million shares, equivalent …
Company News
Photo Archive
20 April 08:48 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 …
Global Economy
Photo Archive
20 April 08:14 AM CBE auctions T-bonds, floating-rate note on Monday
Cairo – Mubasher: The Central Bank of Egypt (CBE) issued treasury bonds (T-bonds) at a combined value of EGP 12 billion over two tranches on Monday, 20 April. The first auction, valued at EGP 5 billion, will mature in two years on 21 April 2028, …
Bonds
Photo Archive
19 April 12:10 PM 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 …
Mutual Funds
Photo Archive
19 April 12:09 PM Edita secures EGP 600m loan to expand production
Cairo - Mubasher: Edita Food Industries has signed a medium-term loan agreement worth EGP 600 million with a maturity of seven years. The financing will be used to support capacity expansion and the installation of new production lines, according …
Companies Investments
Tabby
19 April 09:13 AM CBUAE grants Tabby SVF license to promote financial products across GCC
UAE - Mubasher: The Central Bank of the UAE (CBUAE) licensed Tabby to introduce a new suite of financial products, including spending accounts, cards, and money management tools, according to a press release. The stored value facilities (SVF) …
Companies Investments
Aldar
19 April 08:24 AM Aldar secures AED 5bn sustainability-linked facility backed by regional, int'l lenders
Abu Dhabi – Mubasher: Aldar Properties has closed an AED 5 billion ($1.36 billion) five-year syndicated sustainability-linked revolving credit facility (RCF), according to a press release. The transaction witnessed the participation of 10 major …
Banking and Finance
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 …
Banking and Finance