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23 November 2025 07:04 PM AD Ports attracts AED 1.1bn investments from two Indian companies
Abu Dhabi – Mubasher: KEZAD Group, part of Abu Dhabi Ports Company (AD Ports), has signed two land lease agreements of more than AED 1.10 billion investments with two leading Indian business groups, Jindal SAW Group and Haldiram Group. The two …
Companies Investments
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23 November 2025 06:03 PM Cairo-based bluworks raises $1m funding to accelerate MENA expansion
Cairo – Mubasher: Egypt-based HR tech startup bluworks has closed a $1 million seed funding round to accelerate growth across Egypt and expand in the MENA region. The funding round was led by A15, Enza Capital, Beltone Venture Capital, and Acasia …
Global Economy
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23 November 2025 03:45 PM Novida for Investment’s net losses widen to EGP 5m in 9M-25
Cairo - Mubasher: Novida for Investment and Technology suffered higher net losses after tax at EGP 5.27 million in the first nine months (9M) of 2025, compared with EGP 4.58 million in 9M-24. The loss per share increased to EGP 0.17 in 9M-25 from …
Financial Results
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23 November 2025 02:56 PM Grand Investment Capital logs lower consolidated net profits in H1-25/26
Cairo - Mubasher: Grand Investment Capital recorded an annual decline in consolidated net profits after tax to EGP 1.11 million during the first half (H1) of fiscal year (FY) 2025/2026, compared with EGP 1.41 million. The consolidated revenues …
Financial Results
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23 November 2025 01:25 PM AJWA Egypt’s standalone net profits retreat to EGP 14m in 9M-25 amid shift to profitability in Q3
Cairo - Mubasher: Ajwa Group for Food Industries - Egypt posted non-consolidated net profits after tax worth EGP 14.28 million in the first nine months (9M) of 2025, signaling a year-on-year (YoY) drop from EGP 23.13 million. The earnings per …
Financial Results
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23 November 2025 00:38 PM Nahr Elkhair’s net profits near EGP 79m in 9M-25
Cairo - Mubasher: The net profits after tax of Al Khair River for Development Agricultural Investment and Environmental Services Company (Nahr Elkhair) reached EGP 78.61 million in the first nine months (9M) of 2025. The 9M-25 results reflected a …
Financial Results
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23 November 2025 00:00 PM El Obour for Real Estate registers EGP 39m consolidated net profits in 9M-25
Cairo - Mubasher: El Obour for Real Estate Investment generated an annual leap in consolidated net profits after tax to EGP 38.81 million during the first nine months (9M) of 2025, compared with EGP 12.68 million. The earnings per share (EPS) grew …
Real estate
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23 November 2025 11:41 AM Alcazar Energy, Siemens to operate 500-MW NIAT wind farm in Egypt
Cairo – Mubasher: Alcazar Energy Partners (AEP) has teamed with Siemens Gamesa Renewable Energy (SGRE) to operate the 500-MW NIAT wind farm in Egypt, according to a press release. Upon completion of the transaction and required approvals, Alcazar …
Companies Investments
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23 November 2025 10:13 AM GCC-focused LuLu Retail opens new mini market in Dubai
Abu Dhabi - Mubasher: Lulu Retail Company, the largest pan-GCC full-line retailer, has opened a new mini market in Dubai, according to a press release. Located in Oud Metha, the new launch supports LuLu’s ongoing commitment to expanding its retail …
Global Economy
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23 November 2025 08:57 AM CBE unveils EGP 65bn T-bills on Sunday
Cairo – Mubasher: The Central Bank of Egypt (CBE) issued treasury bills (T-bills) at a combined value of EGP 65 billion through two tranches on Sunday, 23 November. The first auction stood at EGP 25 billion and will mature in 91 days on 24 …
Banking and Finance
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23 November 2025 08:52 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 …
Banking and Finance
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20 November 2025 07:57 PM NBK-Egypt posts 19% higher profits in 9M-25; operating income hits EGP 11.8bn
Cairo – Mubasher: National Bank of Kuwait-Egypt (NBK-Egypt) registered 19% year-on-year (YoY) higher net profits at EGP 6.10 billion (KWD 38.40 million) in the first nine months (9M) of 2025, versus EGP 5.20 billion (KWD 38.20 million). Net …
Banking and Finance
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20 November 2025 07:31 PM AD Ports acquires PIF-owned SEIC’s stake in Alexandria Containers for EGP 13.2bn
Mubasher: Abu Dhabi Ports Company (AD Ports) has purchased the Saudi Egyptian Investment Company’s (SEIC) ownership in Alexandria Containers and goods in a deal valued at EGP 13.23 billion.  The ADX-listed group acquired a 19.32% stake in …
Mergers and Acquisitions
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20 November 2025 04:59 PM TAMEER’s standalone net profits reach EGP 27m in 9M-25
Cairo - Mubasher: Development and Engineering Consultants Company (TAMEER) recorded EGP 27.30 million in non-consolidated net profits after tax in the first nine months (9M) of 2025, signaling an annual plunge from EGP 48.10 million. Standalone …
Financial Results
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20 November 2025 04:46 PM Prices of investment funds including certificates in EGP, USD – Update
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 …
Banking and Finance
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20 November 2025 04:08 PM Arabian Cement’s consolidated net profits soar to EGP 2.5bn in 9M-25
Cairo - Mubasher: Arabian Cement Company unveiled year-on-year (YoY) higher consolidated net profits after tax at EGP 2.52 billion during the first nine months (9M) of 2025, compared with EGP 664.72 million. The earnings per share (EPS) reached …
Financial Results
Contact Financial Holding
20 November 2025 02:44 PM Contact logs lower consolidated net profits at EGP 291m in 9M-25
Cairo - Mubasher: The consolidated net profits after tax of Contact Financial Holding reached EGP 291.33 million in the first nine months (9M) of 2025, marking a year-on-year (YoY) drop from EGP 477.35 million.  The earnings per share (EPS) …
Financial Results
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20 November 2025 06:03 AM Channels by stc, ABANA bower telecom services at Seamless KSA 2025
Riyadh – Mubasher: Channels by Saudi Telecom Company (stc) and ABANA signed an agreement to provide installation services across various telecommunications and information technology fields. The two companies aim to deliver management and …
Companies Investments
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20 November 2025 06:01 AM ONFTECH teams up with Emirates NBD to boost innovation at Seamless KSA 2025
Mubasher: Turkish fintech company ONFTECH signed a memorandum of understanding (MoU) with Emirates NBD to promote compliance technology in Saudi Arabia. The two entities inked the MoU during the Seamless Saudi Arabia 2025 event, which concluded …
Companies Investments
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20 November 2025 05:57 AM Alshrouq Express, Foodics sign agreement to integrate services at Seamless KSA 2025
Riyadh – Mubasher: Saudi Arabia-based foodtech Foodics signed an agreement with Alshrouq Express to provide its professional and fast delivery solutions to all its customers. On the sidelines of the Seamless Saudi Arabia 2025 forum, Alshrouq …
Event
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20 November 2025 05:51 AM Channels by stc, RAMA Technologies to reinforce AI-driven ecosystem
Riyadh – Mubasher: Channels by Saudi Telecom Company (stc) and RAMA Technologies, specialized in AI and data analytics solutions, signed a cooperation agreement at the Seamless Saudi Arabia 2025 forum. The two parties will bolster the smart …
Global Economy
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20 November 2025 05:49 AM Foodics, InvoiceQ team up to combine invoicing, tax compliance solutions
Riyadh – Mubasher: Foodics, a leading restaurant operations and payment tech in the MENA region, has agreed with InvoiceQ to directly integrate its e-invoicing and tax compliance solutions with its platform. The partnership, announced on the …
Companies Investments
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20 November 2025 05:41 AM Channels by stc empowers business sector via partnership with Samsung at Seamless KSA
Riyadh – Mubasher: Channels by Saudi Telecom Company (stc) penned a strategic agreement with Samsung Saudi Arabia to launch the latest display solutions tailored for the Saudi business sector. This includes the world’s largest B2B LCD screen, in …
Companies Investments
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20 November 2025 05:36 AM Istanbul-based ONFTECH pens deal with Oman’s Sohar International at Seamless KSA 2025
Riyadh – Mubasher: Istanbul-based tech company ONFTECH and Omani services firm Sohar International entered into a partnership to enhance innovation. The collaboration was announced on the sidelines of the Seamless KSA 2025 event, which was held in …
Companies Investments
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20 November 2025 05:30 AM ONFTECH, STC Bank partner at Seamless KSA 2025 to promote digital transformation
Riyadh – Mubasher: ONFTECH, an esteemed international software development company specializing in fintech solutions, signed a memorandum of understanding (MoU) with STC Bank during Seamless Saudi Arabia 2025. The agreement will enable the two …
Companies Investments