Egypt
Mubasher TV
 Contact Us Advertising   العربية
Egypt
EGX Closed
28 May 05:57 PM

Top News

Photo Gallery
7 September 2025 04:55 PM Telecom Egypt greenlights Helios’ binding offer for regional data hub
Cairo - Mubasher: Telecom Egypt’s board initially approved Helios Investments’ binding offer for a 75$–80% stake in a subsidiary that will own the Regional Data Hub (RDH). Under the proposed deal, Telecom Egypt will retain a 20%–25% stake in the …
Companies Investments
Photo Archive
7 September 2025 04:20 PM Egypt Aluminum pens $3bn deal with Bahrain's Alba
Cairo - Mubasher: Egypt Aluminum has signed a memorandum of understanding (MOU) with Aluminium Bahrain (Alba) for a joint investment project estimated at $3 billion. The collaboration aims to set up an alumina refinery in Egypt, which is the …
Companies Investments
Photo Archive
7 September 2025 03:37 PM Emaar Misr, Golden Coast to establish EGP 900bn project in Red Sea
Cairo - Mubasher: Emaar Misr for Development announced an integrated tourism project in the Red Sea, with expected investments of EGP 900 billion Through its unit, Sky Tower for Real Estate Development, the group signed a development agreement …
Real estate
Photo Archive
7 September 2025 01:56 PM Raya Integration obtains EGP 1.1bn credit facility from Industrial Development Bank
Cairo - Mubasher: Raya Integration, a unit of Raya Holding for Financial Investments, has signed a credit facility deal worth EGP 1.13 billion with the Industrial Development Bank (IDB), according to a bourse disclosure. The financing will support …
Companies Investments
Photo Gallery
7 September 2025 00:15 PM Mastercard, Qlub team up to boost digital hospitality payments in GCC
Mubasher: Mastercard has collaborated with Dubai-based hospitality fintech Qlub to expand digital and contactless payment solutions across the GCC region. The partnership, which includes a minority investment by Mastercard, aims to meet growing …
Banking and Finance
Photo Gallery
7 September 2025 11:50 AM WheelsOn secures $12.5m to reshape car rental sector in Gulf region
UAE - Mubasher: WheelsOn, a UAE-based mobile-first car rental platform, has secured $12.50 million in funding, bringing its valuation close to $30 million, according to a press release. The round comprised $2.20 million in equity from MENA-focused …
Global Economy
Photo Archive
7 September 2025 10:43 AM Egypt’s net foreign reserves up to $49.2bn in August
Cairo – Mubasher: Egypt’s net international reserves jumped to $49.25 billion at the end of August 2025 from $46.59 billion a year earlier, according to the Central Bank of Egypt’s (CBE) data. Month-on-month (MoM), the foreign reserves increased …
Sector Reports
Photo Archive
7 September 2025 10:30 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 and USD, as of 6 …
Banking and Finance
Photo Archive
7 September 2025 09:25 AM CBE offers T-bills, T-bonds on Sunday
Cairo – Mubasher: The Central Bank of Egypt (CBE) auctioned treasury bills (T-bills) at an aggregated value of EGP 85 billion through two tranches on Sunday, 9 September. Holding a 182-day tenor until 10 March 2026, the first offering stood at EGP …
Banking and Finance
Photo Gallery
4 September 2025 01:36 PM anb capital, Lexham Partners to launch MENA-dedicated $200m growth fund
Riyadh – Mubasher: anb capital and Lexham Partners have rolled out plans to launch a $200 million Growth Fund dedicated to the MENA region, with a strategic focus on Saudi Arabia. The fund will support category-defining tech firms at the growth …
Companies Investments
Photo Gallery
4 September 2025 00:59 PM Khazna secures $2.62bn financing led by ADCB, FAB to back international growth
UAE - Mubasher: Khazna Data Centers has secured a $2.62 billion financing facility, in partnership with Abu Dhabi Commercial Bank (ADCB) and First Abu Dhabi Bank (FAB), to fuel its UAE and international growth plans. Holding a tenor lasting up to …
Banking and Finance
Photo Gallery
4 September 2025 11:58 AM US-based Adams Street enters GCC region via Abu Dhabi office
UAE - Mubasher:  Adams Street Partners, an American private equity firm, has opened its office in Abu Dhabi, marking its entry into the GCC region, according to a press release. Located in Abu Dhabi Global Market (ADGM), the new office will boost …
Global Economy
Photo Gallery
4 September 2025 11:32 AM EMSTEEL supplies U-Type sheet piles for Suez Canal floating bridge
Abu Dhabi – Mubasher: EMSTEEL Building Materials has supplied 5,000 tons of high-quality U-type sheet piles for Egypt’s new floating movable bridge across the Suez Canal. The bridge is developed to enhance connectivity between the East and West …
Companies Investments
Photo Gallery
4 September 2025 10:45 AM Jazeera Airways strengthens regional network with return to Abu Dhabi, Al Ain
Mubasher: Jazeera Airways, Kuwait’s leading low-cost carrier, relaunched direct flights to Abu Dhabi and Al Ain in the UAE, starting on 2 October 2025, according to a press release. Besides Dubai, the airline will fly to three destinations in the …
Global Economy
Photo Gallery
4 September 2025 10:24 AM ADNOC, RIQ forge $500m partnership to anchor Abu Dhabi’s global risk hub
Abu Dhabi – Mubasher: RIQ, the AI-native reinsurance platform purpose-built for the future of global risk transfer and a subsidiary of International Holding Company (IHC), entered into a strategic agreement with ADNOC. The partnership aims to …
Companies Investments
Karim Shehata, CEO of Basata Holding
4 September 2025 09:07 AM Basata unveils $7m investment plans, mulls expansion in Gulf markets
Cairo – Mubasher: Egypt-based e-payment services company Basata Holding for Financial Payments plans to invest approximately $7 million in 2026 to reinforce its market position. The company is currently studying the potential acquisition …
Global Economy
Photo Archive
4 September 2025 08:52 AM Saudi ADES pens SAR 808m agreement with QatarEnergy
Riyadh – Mubasher: ADES Holding Company inked a contract for offshore drilling services for its jackup rig, Aquamarine Driller, with QatarEnergy. The two parties signed the agreement on 2 September, with an estimated backlog of SAR 808 million …
Global Economy
Photo Archive
4 September 2025 08:34 AM TAQA-led consortium concludes financial closing of $4bn greenfield power plants in Saudi Arabia
Abu Dhabi – Mubasher Abu Dhabi National Energy Company (TAQA), Japan-based JERA Company, and Al Bawani Capital jointly announced the financial closing of two greenfield power plants in Saudi Arabia. The projects are Rihab ElAwal Power Company …
Companies Investments
Photo Gallery
3 September 2025 06:32 PM Intella raises $12.5m in Series A funding to expand in MENA
Cairo - Mubasher: MENA-focused deep tech firm Intella has raised $12.50 million in an oversubscribed Series A round led by Prosus, according to a press release. The round witnessed participation from 500 Global, Wa’ed Ventures, Hala Ventures, …
Global Economy
Photo Archive
3 September 2025 06:20 PM CI Capital facilitates EGP 1.3bn bond issuance for Al Oula
Cairo - Mubasher: CI Capital Holding for Financial Investments has completed a EGP 1.29 billion securitized bond issuance for El Taamir Securitization, in which Al Tameer Leasing and Factoring Company (Al Oula) is the originator and assignor of …
Banking and Finance
Photo Archive
3 September 2025 04:50 PM Banque du Caire logs EGP 7.4bn profits in H1-25
Cairo - Mubasher: Banque du Caire posted 31.10% year-on-year (YoY) higher standalone net profits after tax at EGP 7.45 billion in the first half (H1) of 2025, compared with EGP 5.71 billion. Basic earnings per share (EPS) retreated to EGP 0.74 as …
Financial Results
Photo Gallery
3 September 2025 01:44 PM EFG Hermes advises on EGP 1.5bn securitized bond for Bedaya Mortgage Finance
Cairo - Mubasher: EFG Hermes, an EFG Holding company, has advised on Bedaya Mortgage Finance’s EGP 1.56 billion securitized bond issuance, the firm’s seventh issuance and fifth under the Capital securitization program. The bond is backed by a …
Bonds
Photo Gallery
3 September 2025 00:45 PM Singapore Exchange lists 1st Saudi Arabia-focused ETF
Mubasher: State Street Investment Management, the asset management business of State Street Corporation, announced the cross-listing of the PIF-anchored investment SPDR J.P. Morgan Saudi Arabia Aggregate Bond UCITS ETF on the Singapore Exchange …
Trading Activities
Photo Archive
3 September 2025 00:36 PM Egypt's non-oil private sector sees further contraction in August; PMI hits 49.2
Cairo - Mubasher  Egypt’s headline seasonally adjusted Purchasing Managers’ Index (PMI) declined to 49.2 in August 2025 from 49.5 in July, according to the latest S&P Global PMI data. Remaining below the 50.0 threshold but above the long-run …
Macroeconomics
Photo Archive
3 September 2025 10:40 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 and USD, as of 2 …
Banking and Finance