Dubai – Mubasher: Dubai Islamic Bank (DIB) and Mashreq Bank jointly signed memoranda of understanding (MoUs) with the Ministry of Industry and Advanced Technology (MoIAT) to secure financing for boosting the industrial sector. The ministry will …
UAE - Mubasher: TA’ZIZ signed long-term agreements, ranging from five to 25 years, at a combined value of $28.50 billion (AED 104.60 billion) at the ‘Make it in the Emirates’ event, according to a press release. The deals secure global offtake and …
Abu Dhabi - Mubasher: Sultan Al Jaber, ADNOC’s Managing Director and Group CEO, announced AED 180 billion in new industrial procurement opportunities to accelerate industrial growth and economic resilience. During the fifth edition of ‘Make it in …
UAE – Mubasher: Capital Group, one of the world’s largest active investment managers, plans to establish an office in the UAE’s Abu Dhabi Global Market (ADGM), marking its first within the Middle East region. The Abu Dhabi office is expected to be …
Cairo - Mubasher: Abu Dhabi Islamic Bank – Egypt (ADIB Egypt) generated EGP 3.65 billion in consolidated net profit after tax during the first quarter (Q1) of 2026, up year-on-year (YoY) from EGP 3.03 billion. The basic earnings per share (EPS) …
Riyadh - Mubasher: Zamil Structural Steel Company, Egypt-based subsidiary of Advanced Building Industries Company (SENAAT), inked a SAR 362.60 million agreement with Qatar-based Elegancia Steel Company. Under the 18-month agreement, Zamil …
Abu Dhabi – Mubasher: Alpha Dhabi Holding delivered 81% year-on-year (YoY) higher profits at AED 3.80 billion in the first quarter (Q1) of 2026, compared to AED 2.09 billion. The basic and diluted earnings per share (EPS) increased to AED 0.22 in …
Abu Dhabi - Mubasher: 2PointZero Group, formerly known as Multiply Group, registered net profits valued at AED 2.28 billion in the first quarter (Q1) of 2026, an annual leap from AED 210.23 million. The basic and diluted earnings per share (EPS) …
Abu Dhabi - Mubasher: Abu Dhabi National Oil Company (ADNOC) announced project awards at a total value of AED 200 billion ($55 billion) for 2026-2028 to accelerate growth, according to a press release. The awards reinforce delivery of the group’s …
Abu Dhabi – Mubasher: Dana Gas has received an additional payment of $20 million from Egypt, confirming the full settlement of overdue receivables from the country, according to a press release. This follows the receipt of a $50 million payment in …
Abu Dhabi - Mubasher: The net profits of Commercial Bank International (CBI) rose year-on-year (YoY) to AED 47.12 million in the first quarter (Q1) of 2026 from AED 41.70 million. The interest income and income from Islamic financing and investing …
Dubai – Mubasher: Dubai Financial Market Company (DFM) delivered total consolidated revenues amounting to AED 253.12 million in the first quarter (Q1) of 2026, representing an annual rise from AED 186.47 million. Net profits after tax reached AED …
Dubai - Mubasher: Aramex named Amadou Diallo as its new Group CEO who will lead the Accelerate28 strategy to strengthen the company's core business, improve customer experience, and scale capabilities across key growth markets. Diallo brings over …
Dubai – Mubasher: Mashreq Bank logged net profits after tax worth AED 1.92 billion in the first quarter (Q1) of 2026, higher by 8% year-on-year (YoY) than AED 1.79 billion. The earnings per share (EPS) increased to AED 9.15 as of 31 March 2026 …
Abu Dhabi – Mubasher: PureHealth Holding recorded AED 414.86 million in net profit during the first quarter (Q1) of 2026, an annual drop from AED 505.23 million. The revenues amounted to AED 7.26 billion in Q1-26, compared to AED 6.58 billion a …
Riyadh – Mubasher: The Saudi Ministry of Hajj and Umrah has reinforced strict measures to maintain the "No Hajj Without a Permit" policy in line with its commitment to protecting the rights of authorized pilgrims. This mandate ensures that all …
Mubasher: Americana Restaurants International, the largest out-of-home dining and quick service restaurant operator in MENA and Kazakhstan, witnessed double-digit growth across revenue, EBITDA, and net profit during the first quarter (Q1) of 2026. …
Abu Dhabi – Mubasher: National Bank of Fujairah (NBF) recorded net profits after tax worth AED 342.33 million in the first quarter (Q1) of 2026, witnessing its best ever net profit after tax for a quarter. The net income was higher than AED 306.81 …
Abu Dhabi - Mubasher: National Marine Dredging Company (NMDC) maintained resilient operational performance across its different verticals in the first quarter (Q1) of 2026 despite challenges amid evolving regional conditions. The net profits …
Abu Dhabi - Mubasher: Borouge generated net profits valued at $155.58 million in the first quarter (Q1) of 2026, compared to $281.06 million in Q1-25. The revenues hiked amounted to $1.17 billion as of 31 March 2026, up year-on-year (YoY) from …
Riyadh – Mubasher: The National Shipping Company of Saudi Arabia (Bahri) witnessed a leap of 303.36% in net profit to the owners at SAR 2.14 billion during the first quarter (Q1) of 2026 when compared to SAR 532.82 million in Q1-25. The earnings …
Cairo - Mubasher: Qatar National Bank (QNB) has participated in a financing project to develop the Middle East’s largest single sustainable aviation fuel (SAF) production facility in Egypt, according to a press release. This project will enhance …
Dubai – Mubasher: Tecom Group registered net profits amounting to AED 403.42 million in the first quarter (Q1) of 2026, an annual growth from AED 360.86 million. The basic and diluted earnings per share (EPS) recorded AED 0.08 in the January-March …
Abu Dhabi – Mubasher: The net profits attributable to the owners of Ooredoo increased by 4.70% year-on-year (YoY) to QAR 1 billion in the first quarter (Q1) of 2026 from QAR 960.04 million. Likewise, the revenues climbed by 6% YoY to QAR 6.19 …
Abu Dhabi - Mubasher: The net losses of Apex Investment Company increased to AED 94.62 million in the first quarter (Q1) of 2026 from AED 25.59 million a year earlier. The basic and diluted loss per share hit AED 0.026 in Q1-26, compared to AED …