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28 May 11:10 PM

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17 August 2025 07:18 AM Alandalus Property’s net losses deepen 68% in H1-25; dividends unveiled
Riyadh – Mubasher: Alandalus Property Company incurred net losses valued at SAR 10.97 million in the first half (H1) of 2025, an annual leap of 67.99% from SAR 6.53 million. The sales retreated by 1.21% to SAR 110.35 million in H1-25 from SAR …
Board of Directors
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14 August 2025 10:27 PM MENA-focused Valu’s net income surges 64% in H1-25
Cairo – Mubasher: U Consumer Finance (Valu) recorded 64% year-on-year (YoY) higher net income at EGP 341 million during the first half (H1) of 2025, according to the financial results. The gross revenue hiked by 94% YoY to EGP 2.60 billion at the …
Financial Results
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14 August 2025 04:39 PM PIF’s AuM up 19% in 2024; cumulative investments hit $171bn
Riyadh – Mubasher: The assets under management (AuM) of the Public Investment Fund (PIF) jumped by 19% year-on-year (YoY) to $913 billion at the end of 2024, with an annual average total portfolio return of 7.20% since 2017. Total revenue hiked by …
Financial Results
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13 August 2025 11:45 PM Region’s startup accelerator platform Flat6Labs, F6 Ventures launch F6 Group
Cairo – Mubasher: Newly launched seed-stage investment firm F6 Ventures has teamed up with the region's most recognized startup accelerator platform Flat6Labs to inaugurate F6 Group as an entity integrating venture capital (VC) and entrepreneurial …
Companies Investments
AJEX Logistics Services
13 August 2025 07:55 PM Middle East-focused AJEX expands B2C services across GCC countries
Riyadh – Mubasher: AJEX Logistics Services, a Saudi-headquartered Middle East specialist in e-commerce distribution and logistics solutions, has expanded its B2C Full Mile and Last Mile delivery services to a number of GCC countries. The newly …
Companies Investments
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13 August 2025 06:47 PM Al Arabia turns to SAR 108.5m losses in H1-25
Riyadh – Mubasher: Arabian Contracting Services Company (Al Arabia) shifted to net losses valued at SAR 108.45 million in the first half (H1) of 2025, against net profits of SAR 148.14 million in H1-24. Revenues stood at SAR 974.04 million in …
Financial Results
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13 August 2025 06:34 PM Budget Saudi announces 19.5% higher profits in H1-25, cash dividends
Riyadh – Mubasher: United International Transportation Company (Budget Saudi) logged net profits totaling SAR 168.39 million in the first half (H1) of 2025, up 19.48% year-on-year (YoY) from SAR 140.92 million. The Tadawul-listed company generated …
Financial Results
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13 August 2025 04:36 PM Al Akaria turns profitable in H1-25; sales cross SAR 1.1bn
Riyadh – Mubasher: Saudi Real Estate Company (Al Akaria) shifted to net profits valued at SAR 229.60 million in the first half (H1) of 2025, against net losses of SAR 11.30 million in H1-24. The Tadawul-listed company posted a 37.93% year-on-year …
Financial Results
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13 August 2025 03:46 PM Amlak Finance delivers strong financial results in H1-25 backed by sales in KSA
Dubai - Mubasher: Amlak Finance logged higher net profits after income tax valued at AED 18.53 million in the first half (H1) of 2025, compared to AED 6.99 million in H1-24. Total revenues surged by 61% to AED 200.06 million as of 30 June 2025 …
Financial Results
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13 August 2025 11:53 AM GCC-focused Lulu Retail sees 9% higher net income in H1-25; dividends unveiled
Abu Dhabi - Mubasher: Lulu Retail Company registered a 9.10% rise in net profits from continuing operations to $126.96 million in the first half (H1) of 2025 from $116.41 million in H1-24. Meanwhile, the revenues increased by 5.90% to $4.09 …
Financial Results
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13 August 2025 10:43 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 …
Global Economy
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13 August 2025 07:44 AM Qassim Cement reports 3% growth in H1-25 net profits
Riyadh - Mubasher: Qassim Cement Company generated 2.77% higher net profits at SAR 149.68 million in the six-month (6M) period ended 30 June 2025, compared with SAR 145.63 million as of 30 June 2024. Revenues reached SAR 596.15 million in the …
Financial Results
Saudi Arabian Oil Company (Aramco)
22 May 2025 04:03 PM Aramco achieves world-first in gas operations, boosts renewables investment, energy efficiency
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) has unveiled a world-first milestone by successfully commissioning a megawatt (MW)-scale renewable energy storage system to power gas production activities, according to an official statement. …
Companies Investments
Talabat Holding
12 August 2025 09:22 PM MENA-focused Talabat generates $222m net income in H1-25, higher GMV of $4.5bn
Dubai – Mubasher: Talabat Holding, the on-demand online ordering and delivery platform in the MENA region, announced $222 million worth of net income during the first half (H1) of 2025, marking a 90% growth from $117 million in H1-24. The gross …
Global Economy
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12 August 2025 03:40 PM Chemanol’s net losses deepen to SAR 468m in H1-25
Riyadh - Mubasher: Methanol Chemicals Company (Chemanol) incurred 790.91% higher net losses at SAR 467.73 million in the first half (H1) of 2025, compared with SAR 52.50 million in H1-24. Revenues reached SAR 320.28 million as of 30 June 2025, …
Financial Results
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12 August 2025 01:20 PM SAIC shifts to SAR 110m net losses in H1-25
Riyadh - Mubasher: Saudi Advanced Industries Company (SAIC) suffered net losses worth SAR 110.14 million in the first half (H1) of 2025, against net profits of SAR 217.24 million in H1-24. Negative revenues stood at SAR 91.12 million in H1-25, …
Financial Results
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12 August 2025 01:15 PM Zamil Industrial reports 325% leap in H1-25 net profits
Riyadh - Mubasher: Zamil Industrial Investment Company generated SAR 48.99 million in net profits in the six-month (6M) period ended 30 June 2025, reflecting a 325.11% year-on-year (YoY) leap from SAR 11.52 million. Revenues increased by 12.84% to …
Financial Results
Flynas
21 May 2025 08:15 PM Flynas’ final IPO price set at SAR 80/shr; offering attracts SAR 409bn in orders
Riyadh – Mubasher: The final initial public offering (IPO) price for Flynas Company has been announced at SAR 80 per share, following the completion of the book-building process for the institutional tranche subscribed to the offered shares. BSF …
Companies Investments
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12 August 2025 10:43 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 …
Mutual Funds
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12 August 2025 07:35 AM EFG Hermes advises on AfricInvest's exit from MENA-focused MDP
Cairo - Mubasher: EFG Hermes, an EFG Holding company, has advised on the AfricInvest-led consortium's full exit from Masria Digital Payments (MDP), the leading payments technology infrastructure provider in the MENA region, according to a press …
Banking and Finance
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12 August 2025 07:23 AM Kingdom Holding records nearly SAR 837m profits in H1-25, higher revenues
Riyadh – Mubasher: The net profits of Kingdom Holding Company went up by 1.98% to SAR 836.71 million in the first half (H1) of 2025 from SAR 820.39 million in H1-24. The group posted revenues totaling SAR 1.36 billion as of 30 June 2025, an annual …
Financial Results
Photo Archive
12 August 2025 07:19 AM Emaar The Economic City posts 76% lower losses in H1-25; accumulated losses near 3% of capital
Riyadh – Mubasher: Emaar The Economic City incurred net losses valued at SAR 167 million in the first half (H1) of 2025, an annual plunge of 75.93% from SAR 694 million. Meanwhile, the revenues hiked by 114.66% to SAR 322 million in H1-25 from SAR …
Financial Results
Al Ansari Exchange and UnionPay International at Seamless 2025
20 May 2025 07:28 PM Al Ansari Exchange, UnionPay sign deal at Seamless Middle East 2025 to launch MoneyExpress remittance service
Dubai – Mubasher: Al Ansari Exchange, a subsidiary of Al Ansari Financial Services, has entered into an agreement with UnionPay International during Seamless Middle East 2025 to launch MoneyExpress remittance service in the UAE.  The partnership …
Companies Investments
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11 August 2025 11:59 PM AI is becoming key tool for potential travelers to Middle East – Report
Mubasher: AI is becoming a key tool for travelers planning trips to the Middle East, with nearly six in 10 have used AI for travel planning and with 21% using it before their most recent trip, according to a recent report by Tourism Economics on …
Macroeconomics
Cercli
11 August 2025 11:33 PM MENA-focused, run by ex-Careem execs Cercli unveils growth ahead of regional expansion
UAE – Mubasher: Cercli, an HR platform for Middle Eastern businesses to run and pay their local and global workforces, has announced rapid growth and platform updates for companies across the Middle East including plans underway for regional …
Global Economy