Latest News

DFM and TWSE at MENA Capital Market Summit 2025

6 May 2025 05:35 PM DFM collaborates with TWSE at MENA Capital Market Summit to endorse cross-border investments

Dubai – Mubasher: The Dubai Financial Market (DFM) and Taiwan Stock Exchange (TWSE) have signed a memorandum of understanding (MoU) to establish a framework for closer cooperation between the two capital markets, according to a press release. The …

Global Economy

6 May 2025 01:40 PM MENA Capital Market Summit kicks off in UAE for 2 days

Dubai – Mubasher: The third MENA Capital Market Summit has launched today, 6 May 2025, at Madinat Jumeirah in Dubai. The 2025 edition, which is taking place for two days until the 7th, will focus on the forces shaping global and regional capital …

Initial Public Offerings

6 May 2025 00:50 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 …

Trading Activities

5 May 2025 02:51 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

4 May 2025 10:15 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 the funds …

Trading Activities

1 May 2025 11:28 AM Ooredoo’s profits up 5% in Q1-25; total revenues hit QAR 5.8bn

Mubasher: National Mobile Telecommunications Company (Ooredoo) achieved profits attributable to the owners amounting to QAR 960 million in the first quarter (Q1) of 2025, up 5% from QAR 913 million in Q1-24. Total revenues stood at QAR 5.85 …

Financial Results

30 April 2025 00:01 PM 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 the funds …

Macroeconomics

30 April 2025 09:24 AM Americana Restaurants achieves higher sales in Q1-25 despite currency devaluation in Egypt

Mubasher: Americana Restaurants International logged net profits attributable to the owners valued at $32.64 million in the first quarter (Q1) of 2025, up 16.50% year-on-year (YoY) from $28.02 million. The company’s revenues jumped by 16.20% to …

Global Economy

29 April 2025 10:50 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 the funds …

Banking and Finance

28 April 2025 11:26 AM iMENA raises $135m pre-IPO investment

Riyadh - Mubasher: iMENA Group, a regional leader in digital platforms in the MENA region, has raised $135 million from Sanabil Investments, a wholly owned company of the Public Investment Fund (PIF). The capital raise is comprised of a private …

Companies Investments

28 April 2025 08:58 AM Hub71 records $2.1bn in startup funding during 2024

UAE – Mubasher: Abu Dhabi's global tech ecosystem Hub71 startups recorded $2.17 billion (AED 8.02 billion) in funding during 2024, an annual hike of 44.70% from $1.50 billion (AED 5.40 billion). This performance highlights strong investor …

Global Economy

27 April 2025 08:19 AM Hushday to launch Middle East’s 1st premium flash sales platform

UAE - Mubasher: Dubai-based Hushday, the region’s first premium flash sales platform, has raised over AED 2 million ($550,000) in pre-seed funding from regional tech investors. The startup aims to develop a new channel for luxury and premium …

Companies Investments

24 April 2025 06:39 PM Platformance launches regional hub in Cairo

Cairo – Mubasher: Platformance, a growth technology platform, has officially opened its new office in Egypt, expanding its investment in the MENA region, according to a press release. Located in Cairo, the new office aligns with the company’s …

Global Economy

24 April 2025 02:05 PM Ottu teams up with HyperPay to boost digital payments in MENA

Mubasher: Ottu partnered with HyperPay, a leading digital payment solutions provider, to transform the digital payments landscape across the MENA region. The mutual collaboration agreement (MCA) will secure a range of strategic benefits to …

Global Economy

23 April 2025 06:52 PM Global group Hilton pens 2 development deals in Egypt

Mubasher: Global hotels and resorts group Hilton signed two new properties in Cairo’s New Administrative Capital (NAC) in partnership with Panax Company, part of Selim Holding Group, according to a press release. Expected to open in 2028, Hilton …

Global Economy

23 April 2025 06:13 PM PayPal expands in MEA with new Dubai office

UAE - Mubasher: PayPal launched a new regional hub in Dubai, which serves as the company’s first-ever location in the Middle East and Africa (MEA) region. The Dubai Internet City office anchors PayPal’s commitment to enabling millions more …

Companies Investments

23 April 2025 05:08 PM Intelcia opens regional office in Egypt

Cairo – Mubasher: Intelcia, a global leader in outsourcing services, has officially inaugurated its new regional headquarters in Egypt, according to a press release. Located in Ivory Business Park in Sheikh Zayed City, the new office is part of …

Global Economy

23 April 2025 04:36 PM Tesla jumps, Wall St would rise after Trump statement

Global Markets brief

23 April 2025 00:02 PM 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 the funds …

Mutual Funds

23 April 2025 09:30 AM Dubai-based startup Arabic.AI launches MENA’s 1st agentic AI platform

UAE – Mubasher: Tarjama’s Arabic.AI platform has launched MENA's first agentic AI platform specifically engineered for the Arabic language, according to a press release. Founded in the UAE in 2008 by Nour Al Hassan, Tarjama has been committed to …

Companies Investments

22 April 2025 07:57 PM 7awi enhances regional presence via new appointment for Saudi Arabia

Mubasher: Dubai-based 7awi Media Group has named Amjad Fakhoury as the new Country Head for its operations in Saudi Arabia to lead the company’s strategic expansion, according to a press release. The new appointment of Fakhoury aims to drive …

Corporate Actions

22 April 2025 03:54 PM Italian group Mapei opens production facility in Egypt

Cairo – Mubasher: The Mapei Group for the production of chemical products for the building industry has strengthened its industrial presence in North Africa with the opening of a new production plant in Egypt. The new facility is located in the …

Global Economy

22 April 2025 10:31 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 the funds …

Trading Activities

17 April 2025 07:58 PM ADQ, IHC, Modon boost infrastructure development globally via Gridora

Abu Dhabi - Mubasher: ADQ, International Holding Company (IHC), and Modon Holding entered into a joint venture (JV) to form a dedicated infrastructure platform, Gridora, according to a press release. Operating under Modon Holding, Gridora will …

Global Economy