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24 March 12:01 PM

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1 hour ago 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
Photo Archive
23 March 05:16 PM Dual-listed Orascom Construction to develop wind farm in Egypt under BOO model
Abu Dhabi – Mubasher: Orascom Construction, dual listed on the Egyptian Exchange (EGX), has signed in a consortium with Aeolus and ENGIE a power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) to carry out a wind …
Company News
ADNOC Gas
23 March 04:12 PM ADNOC Gas issues update in response to shipping disruption in the Strait of Hormuz
Abu Dhabi – Mubasher: ADNOC Gas has separately made temporary operational adjustments to production of liquefied natural gas (LNG) and export traded liquids in response to the ongoing shipping disruption in the Strait of Hormuz, according to a …
Trade
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 …
Management Decisions
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 …
General News
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 …
Central Banks
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. …
Global Economy
Jazeera Airways Establishes Strong Kuwait–Egypt Connectivity
19 March 01:05 AM Jazeera Airways enhances Kuwait–Egypt route during current regional situation
Mubasher: Jazeera Airways has strengthened connectivity between Kuwait and Egypt to support essential travel during the current regional situation and local airport closures, according to a press release. The Kuwaiti airline operates flights to …
Companies Investments
Beltone
19 March 12:41 AM Beltone granted initial FRA nod for Egypt’s first-of-kind silver investment fund
Cairo – Mubasher:  Beltone Asset Management, a subsidiary of Beltone Holding, has secured the initial approval from the Financial Regulatory Authority (FRA) to launch Fadda investment fund, according to a press release. The Beltone Evolve Silver …
Trading Activities
AIDC stock tests key resistance at EGP 0.33 amid improving volumes
18 March 02:38 PM AIDC stock tests key resistance at EGP 0.33 amid improving volumes
Cairo – Mubasher: The technical movements of Arabia for Investment and Development (AIDC) stock indicate a sideways trend at the start of 2026, following the sharp decline the stock experienced last year. Mubasher Research pointed out that trading …
Stock Evaluations
Dice stock holds above EGP 1.78, targets higher resistance levels
18 March 02:22 PM Dice stock holds above EGP 1.78, targets higher resistance levels
Cairo - Mubasher: Technical analysis indicates that the stock of Dice for Ready-Made Garments has seen a significant improvement in trading volumes since March 2026, following its movement within a secondary downtrend within a descending channel …
Trading Activities
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 …
Companies Investments
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 …
Companies Investments
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
BHM Capital
18 March 01:41 AM Regional liquidity provider BHM Capital launches market making operations in Bahrain
Dubai – Mubasher: BHM Capital has officially commenced its market making operations on Bahrain Bourse (BHB), reinforcing its position as a regional liquidity provider. The launch of these operations on BHB follows the successful completion of all …
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 …
Global Economy
TMG Holding stock tests EGP 74 level amid selling pressure
17 March 03:34 PM TMG Holding stock tests EGP 74 level amid selling pressure
Cairo - Mubasher: Technical analysis indicates that movements of Talaat Moustafa Group Holding Company (TMG Holding) stock aligned with the previous outlook. The EGP 86.85 level formed a strong support base, propelling the price towards EGP …
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 subsiaidry 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 …
Cash Dividends
Bonyan stock regain momentum after breaking EGP 4.05 resistance
16 March 02:55 PM Bonyan stock regain momentum after breaking EGP 4.05 resistance
Cairo - Mubasher: Technical analysis indicates that Bonyan for Development and Trade’s stock has regained momentum after breaking through the consolidation range that persisted from the last quarter of 2025 until February 2026. This breakout …
Stock Evaluations
Iron and Steel for Mines and Quarries stock stabilizes above key support after correction
16 March 02:43 PM Iron and Steel for Mines and Quarries stock stabilizes above key support after correction
Cairo – Mubasher: The stock of Iron and Steel for Mines and Quarries experienced a sharp decline after reaching its all-time high near EGP 8.10 in February 2026, but the overall trend remains bullish. Mubasher Research indicated that the stock has …
Stock Evaluations
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