Egypt
Mubasher TV
 Contact Us Advertising   العربية
Egypt
EGX Closed
28 May 04:37 PM

Top News

Photo Archive
22 September 2025 09:38 AM NBE’s net profits leap to EGP 133.2bn in 2024
Cairo – Mubasher: The National Bank of Egypt (NBE) logged net profits after tax valued at EGP 133.26 billion in 2024, an annual leap from EGP 70.68 billion, according to the financial results. Net interest income EGP 278.01 billion in the 12-month …
Financial Results
Rami Suliman and Ahmed Banafa, Founders of Bynow
22 September 2025 09:27 AM Merak Capital invests $1.2m in Bynow to foster regional expansion
Riyadh - Mubasher: Merak Capital has invested $1.20 million in Saudi fintech Bynow to boost product development and regional expansion. The funding will allow Bynow to streamline business-to-business (B2B) payments in line with Saudi Vision 2030 …
Companies Investments
Photo Archive
22 September 2025 09:18 AM CBE auctions EGP 24bn T-bonds on Monday
Cairo – Mubasher: The Central Bank of Egypt (CBE) issued fixed treasury bonds (T-bonds) worth EGP 17.50 billion over three auctions on Monday, 22 September. The first tranche amounted to EGP 7 billion and will mature in two years on 2 September …
Macroeconomics
Photo Archive
22 September 2025 08:24 AM EFG Holding’s shareholders greenlight EGP 118.5m capital reduction
Cairo – Mubasher: The extraordinary general meeting (EGM) of EFG Holding approved cutting its issued share capital from EGP 7.29 billion to EGP 7.17 billion, according to a bourse disclosure. The EGP 118.56 million reduction will be implemented …
Management Decisions
Photo Gallery
22 September 2025 07:57 AM Saudi P2P lending platform MoneyMoon secures $2.9m pre-series A round
Riyadh - Mubasher: MoneyMoon has closed a $2.90 million (SAR 11 million) pre-series A round led by Core Vision, with backing from family offices and angel investors. The funding will enhance technology, expand access to instant short-term …
Banking and Finance
Photo Gallery
22 September 2025 07:34 AM Najm, Elm forge partnership at Money20/20 Middle East conference
Riyadh - Mubasher: Najm for Insurance Services has signed a cooperation deal with Elm Company on the sidelines of the Money20/20 Middle East conference to enhance the quality of services provided to beneficiaries. The two parties will join forces …
Companies Investments
Photo Gallery
21 September 2025 02:46 PM Valu, MobileMasr launch Egypt’s 1st P2P BNPL solution
Cairo - Mubasher: U Consumer Finance (Valu)  has joined forces with MobileMasr to launch the first peer-to-peer (P2P) buy-now, pay-later (BNPL) service for pre-owned smartphones in Egypt, according to a press release. The services enable …
Global Economy
Photo Gallery
21 September 2025 00:58 PM Sindbad Tech closes SAR 18m seed round during Money 20/20 Middle East
Riyadh - Mubasher: Saudi fintech Sindbad Tech has raised SAR18 million ($4.80 million) in a seed round led by Alkhabeer Capital on the sidelines of the Money 20/20 Middle East conference. The funding will be used to scale its fintech solutions, …
Companies Investments
Photo Archive
21 September 2025 00:01 PM UAE-based Armoir closes $500,000 seed to boost global reach
UAE - Mubasher: Luxury luggage startup Armoir has raised $500,000 in a seed funding round led by Salica Oryx Fund, with participation from Plus VC and global angel investors. The funds will be used to launch new collections, expand across the MENA …
Companies Investments
Photo Archive
21 September 2025 09:14 AM Saudi Arabia UAE lead space investments in GCC with $663m
Mubasher: Saudi Arabia, the UAE, and Qatar topped the GCC region’s civil space investments, contributing to the region’s emergence as a hub for space innovation and ambition. The Middle East and Africa (MEA) space market is valued at $18 billion, …
Global Economy
Photo Archive
21 September 2025 09:08 AM CBE offers EGP 65bn T-bills on Sunday
Cairo – Mubasher: The Central Bank of Egypt (CBE) auctioned treasury bills (T-bills) at a total value of EGP 65 billion through two tranches on Sunday, 21 September. The first offering stood at EGP 25 billion and will mature in 91 days on 23 …
Macroeconomics
Photo Gallery
21 September 2025 08:06 AM Alnima Bank invests in MENA-focused Qashio to enhance financial solutions
Riyadh - Mubasher: Alinma Bank has invested in UAE-based fintech Qashio in line with its commitment to providing advanced services and digital financial solutions to enhance operational efficiency. The partnership will focus on developing a …
Companies Investments
Photo Gallery
21 September 2025 07:34 AM Saudi Nadrah joins UNION Technologies’ $51.3m funding round
Riyadh - Mubasher: US-based advanced manufacturing firm UNION Technologies has raised $51.30 million in financing to expand its software-driven munitions production platform. The transaction witnessed participation from strategic investors, …
Global Economy
Photo Archive
18 September 2025 05:42 PM Saudi Arabia included in JP Morgan GBI-EM watchlist
Riyadh - Mubasher: Saudi Arabia has been added to JP Morgan’s government bond index for emerging markets (GBI-EM) watchlist, recognizing the Kingdom’s efforts to deepen market liquidity and attract global investors. The inclusion is expected to …
Global Economy
Shubham Poddar, Founder and CEO of Amaani
18 September 2025 11:28 AM UAE’s Amaani raises $3m seed funding to launch Arab beauty brand globally
UAE - Mubasher: UAE-based beauty and wellness platform Amaani has raised $3 million in seed funding led by Peak XV’s Surge, according to a press release. The company will use the investment for beauty brand, AÏZA, scaling its business across the …
Global Economy
Malik Alyousef, Co-founder and Chief Operating Officer at Mozn
18 September 2025 10:11 AM Mozon rolls out Payment Intelligence at Money 20/20 Middle East conference
Mubasher: Mozn, a regional leader in enterprise AI technologies, has launched Payment Intelligence, a new product within its flagship FOCAL Enterprise Fraud Management platform, at the Money 20/20 Middle East conference. Payment Intelligence …
Event
Photo Gallery
18 September 2025 08:33 AM Halan UAE, Lean Technologies partner to expand credit access in GCC
Mubasher: Halan UAE, part of Egypt and MENA’s first fintech unicorn MNT-Halan, has partnered with Lean Technologies to leverage open banking technology and expand credit access for individuals and small businesses across the GCC. The partnership …
Companies Investments
Photo Gallery
18 September 2025 07:10 AM Mastercard, HyperPay collaborate to reshape region’s business payments landscape
Mubasher: Mastercard forged a partnership with HyperPay to accelerate the digital transformation of the Saudi commercial payments landscape, according to a press release. The two parties will join forces to enhance business payments across the …
Companies Investments
Photo Archive
18 September 2025 07:02 AM CBE auctions EGP 85bn T-bills end-week
Cairo – Mubasher: The Central Bank of Egypt (CBE) offered treasury bills (T-bills) at a combined value of EGP 85 billion through two tranches on Thursday, 18 September. The first auction stood at EGP 40 billion and will mature in 182 days on 24 …
Treasury Bills
Photo Gallery
18 September 2025 05:53 AM Valu introduces 1st licensed BNPL experience with noon
Cairo - Mubasher: U Consumer Finance (Valu) has launched its digital onboarding feature on noon, the region’s largest digital marketplace, according to a press release. This move represents the first licensed buy-now, pay-later (BNPL) transaction …
Companies Investments
Photo Gallery
18 September 2025 05:51 AM Mashreq launches digital retail bank in Pakistan to boost global financial ecosystem
Dubai – Mubasher: Mashreq Bank has officially launched its full-service digital retail bank in Pakistan, marking the first full-scale international deployment of Mashreq’s digital banking platform outside the UAE. Mashreq Bank Pakistan’s …
Global Economy
Photo Archive
18 September 2025 05:49 AM Emirates Islamic offers world's 1st sustainability-linked financing Sukuk of $500m
Dubai – Mubasher: Emirates Islamic Bank has successfully priced a $500 million sustainability-linked financing Sukuk, the first globally. The Sukuk attracted a strong demand with $1.20 billion and was oversubscribed 2.4 times, according to a press …
Global Economy
Photo Gallery
17 September 2025 03:41 PM Egypt’s Go Bus to expand fleet with EUR 10.6m financing from EBRD
Cairo - Mubasher: Go Bus for Transport, Egypt’s first privately owned inter-city bus company, will launch an inter-city electric bus fleet with a EUR 10.60 million loan from the European Bank for Reconstruction and Development (EBRD). The …
Companies Investments
Photo Gallery
17 September 2025 03:33 PM Egypt’s healthtech Duaya unveils GCC expansion plans following acquisition of EXMGO
Cairo - Mubasher: Egypt-based healthtech Duaya has acquired EXMGO, a SaaS provider for pharmacies and medical businesses, in a six-figure investment transaction. The deal marks a new milestone in advancing pharmacy digitization and strengthening …
Mergers and Acquisitions
Photo Gallery
17 September 2025 01:57 PM Riyadh-based Spare raises $5m pre-Series A funding to fuel expansion in GCC
Riyadh - Mubasher: Saudi fintech Spare has secured $5 million in a pre-Series A round led by anb Seed Fund, with participation from 500 MENA, Vision Ventures, SEEDRA Ventures, MEVP, Boubyan Ventures, and others. The new funding will be used to …
Companies Investments