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28 May 04:13 PM

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Zahraa Maadi’s stock faces key resistance at EGP 5.22
4 March 02:00 PM Zahraa Maadi’s stock faces key resistance at EGP 5.22
Cairo - Mubasher: Technical analysis indicates that Zahraa Maadi Investment and Development’s stock is in a secondary downtrend, with trading below both the short-term (50-day) and long-term (200-day) moving averages, reflecting strong selling …
Stock Evaluations
The National Bank of Ras Al Khaimah (RAKBANK)
23 March 05:39 PM RAKBANK sells business line to global entity Network
Abu Dhabi – Mubasher: The National Bank of Ras Al Khaimah (RAKBANK) has completed a disposal of a business line to Network International to realize value for the bank and its shareholders, according to a bourse disclosure. RAKBANK sold its …
Global Economy
The International Monetary Fund (IMF)
4 March 12:12 AM IMF issues statement on Middle East
Mubasher: The International Monetary Fund (IMF) issued the following statement on 3 March 2026, in line with the current tensions in the region. The IMF said that it is closely monitoring developments in the Middle East and has by far observed …
General News
UAE Capital Market Authority
3 March 11:27 PM Update from UAE Capital Market Authority regarding trading resumption
UAE – Mubasher: The UAE Capital Market Authority (CMA) confirmed that trading and settlement activities on the Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM) will resume on Wednesday, 4 March 2026. This statement comes as …
Global Economy
Photo Archive
22 March 05:11 PM Most GCC rated insurers would absorb potential rise in capital market volatility – S&P Global Ratings
Mubasher: The base-case scenario by S&P Global Ratings remains that the military confrontation in the Middle East will be relatively short-lived and the most intense part would last around two-to-four weeks, although broader spillovers and …
Global Economy
The Central Bank of the UAE (CBUAE)
22 March 04:29 PM UAE c.bank approves proactive financial package backed by AED 1trn assets amid regional tensions
UAE – Mubasher: The board of the Central Bank of the UAE (CBUAE) recently approved a comprehensive financial institution resilience package designed to reinforce the stability and resilience of the UAE banking sector in light of exceptional global …
Sector Reports
Photo Archive
22 March 02:11 PM Reinsurers in MEA region operating with strong capital buffers – GlobalData
Mubasher: The current conflict in the Middle East is prompting reinsurers to rapidly reprice and recalibrate risk across many lines, with continuity of coverage and trade as primary objective, even amid rising instability, according to GlobalData. …
Politics
Photo Credit: GlobalData
3 March 12:01 AM GCC exports, global energy markets in flux while threats to Hormuz oil flows deepen – GlobalData
Mubasher: As GCC exposure varies, Saudi Arabia and the UAE can divert some exports through pipelines and terminals outside Hormuz (e.g., to Fujairah), but capacity is limited and prone to bottlenecks, so it cannot fully replace seaborne flows, …
Macroeconomics
Rameda’s stock regains momentum after correction
2 March 01:26 PM Rameda’s stock regains momentum after correction
Cairo - Mubasher: The stock of Tenth of Ramadan for Pharmaceutical Industries and Diagnostic Reagents (Rameda) has successfully regained its upward momentum following a sharp correction after reaching its all-time high near EGP 4.81 in February …
Stock Evaluations
UAE Capital Market Authority
1 March 07:47 PM UAE capital markets to close for 2 days on regional developments
UAE – Mubasher: The UAE Capital Market Authority has made an official update, on 1 March 2026, regarding halting trading across the country’s financial markets in line with the current tension in the region. In implementation of its supervisory …
Global Economy
Mubasher for Securities and Bonds (Mubasher Trade)
1 March 02:18 AM Mubasher Trade adds futures brokerage as new activity upon FRA approval
Cairo – Mubasher: Egypt’s Financial Regulatory Authority (FRA) has issued Decision No. 599 of 2026 which approved granting Mubasher for Securities and Bonds (Mubasher Trade) the license to practice the activity of futures contracts brokerage. The …
Global Economy
Boursa Kuwait
1 March 02:07 AM Boursa Kuwait suspends trading following regional tensions
Mubasher: Boursa Kuwait has announced the suspension of trading activities starting Sunday, 1 March 2026, and until further notice as a precautionary measure for market safety following the strikes that attacked the Middle East on 28 February. …
Corporate Actions
Electro Cable Egypt
19 March 02:21 PM Electro Cable Egypt sees lower profits in 2025; revenues exceed EGP 10.8bn
Cairo - Mubasher: Electro Cable Egypt Company logged higher consolidated net profits after tax at EGP 500.31 million in 2025, an annual drop from EGP 1.32 billion. The earnings per share (EPS) declined to EGP 0.15 last year from EGP 0.40 in 2024, …
Financial Results
Photo Archive
19 March 11:50 AM LVP Pharma nearly doubles shareholding in Rameda for EGP 1.1bn
Cairo - Mubasher: LVP Pharma raised its ownership in Tenth of Ramadan for Pharmaceutical Industries and Diagnostic Reagents (Rameda) to 23.15% from 12% at a value of EGP 1.13 billion, according to a bourse filing. The firm acquired 223 million …
Trading Activities
Palm Hills
19 March 11:27 AM Palm Hills records 30% higher profits in 2025, unveils new project in UAE
Cairo - Mubasher: The net profits after tax and minority interest of Palm Hills Developments Company increased by 30% to EGP 4.21 billion in 2025 from EGP 3.25 billion in 2024, according to the financial results. The revenues amounted to EGP 36.16 …
Companies Investments
Photo Gallery
19 March 10:16 AM REDCON Construction awarded EGP 1bn development deal for Masyaf Ras El Hekma
Cairo – Mubasher: M squared has awarded REDCON Construction a major agreement to develop 59 residential buildings at Phase 1 Masyaf Ras El Hekma in the North Coast, according to a press release. Valued at EGP 1 billion, the deal focuses on …
Real estate
Starlink
19 March 09:49 AM Starlink officially launches services in UAE
UAE – Mubasher: Starlink, SpaceX’s satellite internet service, has launched in the UAE, offering residential plans starting at AED 230 per month and business plans from AED 248. Meanwhile, Starlink adds a new connectivity layer to a market largely …
Companies Investments
Jazeera Airways
19 March 09:26 AM Jazeera Airways restores Kuwait–India connectivity under Vande Bharat
Mubasher: Jazeera Airways has relaunched flights to six Indian cities from Kuwait via Qaisumah Airport (AQI) in Hafar Al Batin under the Vande Bharat project, according to a press release. This marks the first travel connection between Kuwait and …
Companies Investments
ADIB Egypt’s stock holds uptrend despite corrections
26 February 03:34 PM ADIB Egypt’s stock holds uptrend despite corrections
Cairo - Mubasher: The stock of Abu Dhabi Islamic Bank – Egypt (ADIB Egypt) reached unprecedented historical highs near EGP 44.95 in February 2026. Technical analysis highlighted that the stock experienced some corrections without altering its …
Stock Evaluations
Selling pressure pushes Domty’s stock toward EGP 23.50–22.85
26 February 03:20 PM Selling pressure pushes Domty’s stock toward EGP 23.50–22.85
Cairo - Mubasher: Technical analysis indicates that the stock of Arabian Food Industries Company (Domty) is moving in a secondary uptrend. The stock experienced selling pressure in February, leading to a break below the upward trend line. The …
Trading Activities
SAL Project at King Khalid International Airport in Riyadh
19 March 01:57 AM Elsewedy Electric’s subsidiary leads expansion of SAL project at Riyadh airport
Cairo – Mubasher: Rowad Modern Engineering, a subsidiary of the Egyptian company Elsewedy Electric, has commenced the development and expansion project for the facilities of Saudi Logistics Services Company (SAL) at King Khalid International …
Companies Investments
EFG Holding
18 March 03:05 PM EFG Holding sees 7% higher consolidated revenues in 2025; profits hit EGP 4.1bn
Cairo - Mubasher: EFG Holding generated 7% year-on-year (YoY) higher operating revenues at EGP 26 billion in 2025, while net profit after tax and minority interest hit EGP 4.10 billion. Total assets reached EGP 230.60 billion by the end of …
Financial Results
EFIC
18 March 09:45 AM EFIC’s consolidated profits near EGP 820m in 2025; dividends proposed
Cairo - Mubasher: Egyptian Financial and Industrial Company (EFIC) witnessed an annual drop in consolidated net profit after tax to EGP 819.75 million during 2025, compared to EGP 1.68 billion. The basic earnings per share (EPS) retreated to EGP …
Cash Dividends
Photo Archive
18 March 09:02 AM Cleopatra Hospitals posts higher consolidated profits in 2025; revenues cross EGP 7.2bn
Cairo - Mubasher: The consolidated net profits after tax of Cleopatra Hospitals Group rose to EGP 967.86 million in 2025 from EGP 817.01 million a year earlier. The earnings per share (EPS) totaled EGP 0.46 during January-December 2025 when …
Financial Results
Photo Archive
18 March 08:58 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 …
Trading Activities