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Banking & Insurance

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4 March 2025 05:21 PM DAMAC Properties joins ADIB to facilitate home ownership for UAE residents
Abu Dhabi – Mubasher: Abu Dhabi Islamic Bank (ADIB) has teamed up with DAMAC Properties to introduce a home financing solution enabling UAE residents to secure financing for off-plan properties once construction reaches 35% completion. This makes …
Banking and Finance
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4 March 2025 00:25 PM 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 …
Companies Investments
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3 March 2025 02:25 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 …
Companies Investments
Photo Archive
2 March 2025 02:37 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
Photo Archive
2 March 2025 11:13 AM NBF launches NBF Direct App with UAE Pass to improve security
Abu Dhabi – Mubasher: The National Bank of Fujairah (NBF) has inaugurated the NBF Direct mobile app with UAE Pass, the official digital identity solution for the UAE, according to a press release. This step provides customers with a seamless, …
Banking and Finance
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27 February 2025 02:57 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
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27 February 2025 07:10 AM Checkout.com partners with Mastercard to bolster payment solutions in UAE
UAE– Mubasher: Checkout.com and Mastercard have teamed up to facilitate seamless money transfers for individuals and businesses in the UAE, according to a press release. The global payments solution provider will leverage Mastercard Move’s money …
Companies Investments
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27 February 2025 06:58 AM Mashreq to foster Egypt’s digital corporate banking landscape via NEO Corp launch
Dubai – Mubasher: Mashreq Bank plans to extend the roll-out of its Mashreq NEO CORP to the customer base in Egypt, according to a press release. Upon obtaining the required regulatory approvals, Egypt will be the first country in Mashreq’s network …
Banking and Finance
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24 February 2025 06:26 PM Juhayna secures EGP 1bn financing from Emirates NBD-Egypt
Cairo – Mubasher: Juhayna Food Industries penned a financing agreement exceeding EGP 1 billion with Emirates NBD-Egypt, a subsidiary of DFM-listed Emirates NBD. The EGX-listed company will use the facility to boost its working capital, support …
Companies Investments
Arab Energy Fund and Systems Arabia
24 February 2025 01:01 AM Arab Energy Fund supports corporate banking through collaboration with Systems Arabia
Riyadh – Mubasher: The Arab Energy Fund, formerly known as APICORP, recently announced the successful implementation of the Temenos Arrangement Architecture Consumer Lending and Facilities Lending solution by Systems Arabia, according to a press …
Global Economy
Abu Dhabi Islamic Bank
23 February 2025 03:24 PM ADIB inaugurates next-gen universal branch as part of vision 2035
Abu Dhabi – Mubasher: Abu Dhabi Islamic Bank (ADIB) has opened its latest flagship branch in Dubai as part of ADIB’s strategic expansion plan in the emirate. The banking facility is located at The Village Mall in Jumeirah 1, marking ADIB’s 18th …
Global Economy
Saudi Riyal Symbol
20 February 2025 05:43 PM Saudi Arabia now has Riyal symbol; historic move to reinforce currency's identity
Riyadh – Mubasher: The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, approved launching the Saudi Riyal symbol on 20 February 2025. The Riyal symbol marks a historic move that will reinforce the Saudi currency's identity, …
Central Banks
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20 February 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 …
Mutual Funds
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19 February 2025 01:48 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
Photo Gallery
18 February 2025 08:20 PM SNB Capital, Awqaf Investment ink agreement at CMF2025 to enhance investment products
Riyadh – Mubasher: SNB Capital signed an agreement with Awqaf Investment to provide investment services for endowment assets exceeding SAR 8 billion, according to a press release. The deal, which was signed during the fifth edition of the Capital …
Event
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18 February 2025 07:34 PM Edaa launches Edaa Connect at CMF2025 to streamline access to mutual funds
Riyadh – Mubasher: Edaa, the Securities Depository Center of the Saudi Tadawul Group launched Edaa Connect, a first-of-its-kind platform designed to transform investor access to mutual funds in the Saudi capital market. The launch was announced on …
Global Economy
Photo Archive
17 February 2025 11:23 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 as per the latest closing. Below you can find the names of Investment Funds as well as the price of each certificate in EGP, except for the …
Global Economy
Photo Archive
17 February 2025 09:25 AM Amanat Holdings unveils growth in 2024 financial performance, IPO plans
Dubai – Mubasher: Amanat Holdings recorded higher net profits attributable to owners valued at AED 143.31 million in 2024, compared to AED 49.18 million in 2023. Basic and diluted earnings per share (EPS) from continuing operations increased to …
Banking and Finance
Photo Archive
13 February 2025 10:40 PM Amlak Finance’s profits fall in 2024 initial financials
Dubai – Mubasher: Amlak Finance logged net profits of AED 52.37 million in 2024, an annual plunge from AED 259.26 million in 2023, according to the preliminary financial results. Revenues increased to AED 231.91 million last year from AED 230.21 …
Banking and Finance
Photo Archive
13 February 2025 02:23 PM 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
12 February 2025 06:02 PM DIB’s profits up 16% in 2024; total income cross AED 23.3bn
Dubai – Mubasher: Dubai Islamic Bank (DIB) posted 16% year-on-year (YoY) higher net profits at AED 8.16 billion in 2024, compared to AED 7 billion. Total income stood at AED 23.34 billion in 9M-24, an annual rise of 16% from AED 20.14 billion, …
Banking and Finance
Photo Archive
12 February 2025 11:55 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 …
Global Economy
Photo Archive
11 February 2025 02:00 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
Photo Archive
10 February 2025 03:15 PM 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 …
Companies Investments
Photo Archive
6 February 2025 10:12 PM FAB’s profits leap to AED 17bn in 2024; dividends recommended
Abu Dhabi – Mubasher: The net profits of First Abu Dhabi Bank (FAB) increased by 4% year-on-year (YoY) to AED 17.09 billion in 2024 from AED 16.51 billion. Operating income grew by 15% to AED 31.62 billion as of 31 December 2024, compared to AED …
Cash Dividends