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27 May 2025 09:32 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, except for the …
Mutual Funds
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11 February 2025 05:20 PM Investment funds unveil $695m plans at LEAP 2025
Riyadh – Mubasher: Six investment funds jointly plan to inject $695 million to support emerging companies, AI technologies, electronic games, and innovation solutions. The announcement was made during the fourth edition of the LEAP …
Global Economy
Tawuniya and MoneyHash at LEAP 2025
11 February 2025 04:28 PM Tawuniya selects Egyptian startup MoneyHash for strategic partnership at LEAP 2025
Riyadh – Mubasher: The Company for Cooperative Insurance (Tawuniya) has entered into a strategic partnership with Egyptian fintech MoneyHash at the LEAP 2025 in the capital of Saudi Arabia. The collaboration aims to optimise Tawuniya’s payment …
Companies Investments
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27 May 2025 08:15 AM Aspen boosts regional expansion via HQ in Riyadh
Riyadh – Mubasher: Aspen Pharmacare Holdings Limited, a global speciality and branded multinational pharmaceutical company, launches a new regional headquarters (HQ) in Riyadh, according to a press release. The Saudi expansion followed a series of …
Global Economy
Saudi Business Machines (SBM)
11 February 2025 03:18 PM SBM showcases AI solutions for enterprises across different sectors at LEAP 2025
Riyadh – Mubasher: Saudi Business Machines (SBM) is featuring a suite of open-source generative AI solutions specifically designed to address the unique needs of businesses across various sectors during its participation in LEAP 2025 in the Saudi …
Companies Investments
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27 May 2025 06:15 AM Elsewedy Electric logs EGP 4.1bn consolidated profits in Q1-25
Cairo – Mubasher: Elsewedy Electric Company recorded a 4.20% rise in consolidated net profits after tax and minority interest to EGP 4.14 billion during the first quarter (Q1) of 2025. The generated earnings were compared to EGP 3.97 billion in …
Financial Results
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11 February 2025 01:00 PM Prices of investment funds including certificates in EGP, USD – Updated
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 …
Global Economy
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11 February 2025 08:41 AM Ericsson, Mobily pen agreement at LEAP 2025 to drive digital ecosystem
Riyadh – Mubasher: Ericsson and Etihad Etisalat Company (Mobily) signed a memorandum of understanding (MoU) at the LEAP 2025 event to explore intent-driven autonomous networks. The two companies will review the development of advanced network …
Global Economy
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11 February 2025 08:17 AM IBM, Lenovo expand partnership to scale AI services at LEAP 2025
Riyadh – Mubasher: IBM and Lenovo expanded their strategic technology partnership to scale the impact of generative AI for clients in Saudi Arabia, according to a press release. The announcement came on the sidelines of the fourth edition of the …
Companies Investments
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10 February 2025 05:43 PM Elm forges partnerships with Salam, Klues.AI at LEAP 2025
Riyadh – Mubasher: Elm Company signed partnership agreements with Etihad Salam Telecom Company and Klues.AI on the sidelines of the fourth edition of the LEAP conference, according to a press release. Elm and Salam will join forces to deliver …
Companies Investments
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10 February 2025 05:09 PM Tencent Cloud launches Middle East cloud region in Saudi Arabia at LEAP 2025
Riyadh – Mubasher: Tencent Cloud, the cloud business of global technology company Tencent, has launched its first Middle East Cloud Region in Saudi Arabia, according to a press release. The launch was announced during the fourth edition of the …
Event
Ahmad Al Khowaiter, Aramco EVP Technology & Innovation
10 February 2025 03:59 PM Al Khowaiter shares factors helping Aramco thrive, mentions $1trn reliability cost during speech at LEAP 2025
Riyadh – Mubasher: Ahmad Al Khowaiter, the Executive Vice President for Technology and Innovation at Saudi Arabian Oil Company (Aramco), highlighted how three factors are helping the entity get ahead and stay ahead, during his speech at the …
Global Economy
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10 February 2025 11:59 AM Deloitte launches S2S offering at LEAP 2025 via partnership with NVIDIA
Riyadh – Mubasher: Deloitte, the innovation and emerging technology partner at LEAP 2025, has launched its comprehensive Silicon-2-Service (S2S) offering in the Middle East. The new service will provide its clients with an end-to-end strategy to …
Global Economy
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10 February 2025 09:24 AM Mobily, Vodafone Business IoT pen partnership agreement at LEAP 2025
Riyadh – Mubasher: Etihad Etisalat Company (Mobily) signed a cooperation agreement with Vodafone Business IoT, a subsidiary of the global Vodafone Group, during the LEAP 2025 conference. The joint deal aims to provide high-quality Internet of …
Companies Investments
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10 February 2025 08:51 AM stc launches upsource by solutions at LEAP 2025
Riyadh – Mubasher: Saudi Telecom Company (stc) has launched upsource by solutions, the new identity of the group’s Contact Center Company (CCC) specialised in business outsourcing, according to a press release. The launch, announced at the LEAP …
Companies Investments
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26 May 2025 02:44 PM ICON posts EGP 1.6bn revenues in Q1-25, turns to standalone profits
Cairo – Mubasher: Industrial Engineering Company for Construction and Development (ICON) recorded an annual drop in consolidated net profit after tax to EGP 224.42 million during the first quarter (Q1) of 2025, versus EGP 449.08 million. The …
Financial Results
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26 May 2025 02:27 PM Acrow Misr’s consolidated profits exceed EGP 200m in Q1-25
Cairo – Mubasher: The consolidated net profits after tax of Acrow Misr for Scaffolding and Formwork plunged to EGP 210.17 million in the first quarter (Q1) of 2025 from EGP 400.29 million in Q1-24. Revenues amounted to EGP 1.27 billion at the end …
Financial Results
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26 May 2025 02:08 PM EFG Hermes concludes advisory on HSB's 6th senior unsecured short-term issuance
Cairo – Mubasher: EFG Hermes, an EFG Holding Company, has closed the issuance of a senior unsecured short-term note for the Hermes Securities Brokerage Company (HSB), a wholly owned subsidiary of EFG Holding. The EGP 900 million transaction marks …
Companies Investments
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26 May 2025 10:55 AM Cleopatra Hospitals Group sees higher consolidated profits at EGP 232m in Q1-25
Cairo – Mubasher: Cleopatra Hospitals Group generated EGP 232.28 million in consolidated net profit after tax during the first quarter (Q1) of 2025, an annual hike from EGP 204.62 million. Basic and diluted earnings per share (EPS) went up to EGP …
Financial Results
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26 May 2025 09:42 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, except for the …
Companies Investments
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26 May 2025 08:40 AM CBE offers EGP 22bn T-bonds on Monday
Cairo – Mubasher: The Central Bank of Egypt (CBE) issued fixed treasury bonds (T-bonds) at a combined value of EGP 22 billion through three auctions on Monday, 26 May 2025. The first issue was valued at EGP 4 billion and will mature in two years …
Central Banks
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26 May 2025 07:53 AM Madinet Masr’s consolidated profits fall in Q1-25; gross contracted sales hit EGP 11.5bn
Cairo – Mubasher: Madinet Masr Housing and Development posted 32.64% lower consolidated net profits after tax and non-controlling interest at EGP 793.85 million in the first quarter (Q1) of 2025. The recorded profits were compared to EGP 1.17 …
Real estate
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26 May 2025 06:25 AM Dubai Land Department launches MENA’s 1st tokenized real estate project
UAE – Mubahser: Dubai Land Department (DLD) has launched the region’s first tokenized real estate investment project through the Prypco Mint platform, according to a press release. The initiative is being implemented in partnership with Prypco, …
Real estate
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9 February 2025 10:01 PM Ericsson features 5G-powered robot at LEAP 2025 to enhance industrial automation
Riyadh – Mubasher: Ericsson has showcased a 5G-enabled robotic dog under the name Rocky as part of the company’s technology demonstrations at LEAP 2025, according to a press release. The 5G-enabled feature highlights how robotics, combined with …
Event
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9 February 2025 05:34 PM Saudi Arabia represents 50% of region’s digital economy – Al Swaha at LEAP 2025
Riyadh – Mubasher: Saudi Arabia represents 50% of the region’s digital economy, which hiked by 73% to reach $260 billion, Abdullah Al Swaha, Saudi Minister of Communications and Information Technology, said. Al Swaha’s remarks came on the …
Companies Investments