Cairo – Mubasher: Elsewedy Electric for Transmission and Distribution, a subsidiary of Elsewedy Electric Company, has announced the completion and handover of Saad Solar Power Plant in the Saudi capital, according to a press release. The landmark …
Abu Dhabi – Mubasher: Aldar Properties has expressed its deep appreciation for “the wise and decisive leadership of the UAE,” whose strategic foresight and swift response have safeguarded residents, protected national infrastructure, and ensured …
Mubasher: Investcorp closed $1.25 billion for its Investcorp Strategic Capital Partners II (ISCP II) fund, according to a recent press release. Its GP staking arm, Investcorp Strategic Capital Group (ISCG), raised $1.10 billion in fund …
Abu Dhabi - Mubasher: 2PointZero Group, formerly Multiply Group, has completed the acquisition of a 60.80% stake in Italy-based ISEM Packaging Group for AED 704 million, marking its expansion into the global packaging sector. The transaction was …
Abu Dhabi - Mubasher: The Endowments and Minors’ Funds Authority (Awqaf Abu Dhabi) has signed a memorandum of understanding (MoU) with Lulu Retail Holdings to develop a portfolio of commercial projects valued at AED 100 million on endowment land. …
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 …
Mubasher: Energy prices are forecast to sustain higher levels as the Strait of Hormuz is effectively shut, according to Emirates NBD Research. Approximately 20% of total global seaborne oil and liquefied natural gas (LNG) passes through the …
Mubasher: The effective closure of the Strait of Hormuz is likely to be temporary given its vital economic role, Fitch Ratings said in a recent statement. This, alongside global oil market oversupply, should limit oil price rises and mitigate any …
Mubasher: The companies exporting LNG and oil from the GCC countries through the Strait of Hormuz will feel the effects most acutely, said S&P Global Ratings. In a recent statement, S&P Global Ratings noted that it looks at the potential effect of …
Mubasher: The Purchasing Managers’ Index (PMI) data for the UAE and Saudi Arabia indicated the above the neutral 50 level for February 2026, while data for Egypt slightly approached it, according to a report by Emirates NBD Research. The S&P …
Abu Dhabi - Mubasher: The board members of Burjeel Holdings recommended cash dividends worth AED 120 million, or AED 0.02 per ordinary share, for 2025. The dividends proposal aligns with the group’s commitment to delivering value to shareholders …
Cairo - Mubasher: The shareholders of Abu Dhabi Islamic Bank (ADIB) approved the distribution of AED 3.52 billion in cash dividends for 2025. The approved dividends represent 50% of the bank’s net profit of AED 7.07 billion recorded in 2025, …
Dubai - Mubasher: Emirates Integrated Telecommunications Company (du) confirmed that its network infrastructure, core systems, and customer channels are operating normally with full service availability across its mobile, fixed, and enterprise …
Dubai - Mubasher: Emirates NBD completed the distribution of AED 6.30 billion in cash dividends for 2025, or 100 fils per share, as of 2 March 2026. The distribution follows the shareholders’ approval during their 17 February 2026 meeting, …
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 …
Mubasher: The International Monetary Fund (IMF) issued the following statement on 3 March 2026, in line with the current tensions in the region. The IMF said that it is closely monitoring developments in the Middle East and has by far observed …
UAE – Mubasher: The UAE Capital Market Authority (CMA) confirmed that trading and settlement activities on the Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM) will resume on Wednesday, 4 March 2026. This statement comes as …
Cairo – Mubasher: Leading fintech company Network International has announced the enablement of Apple Pay acceptance by powering card tokenization for Apple smartphones for four renowned Egyptian banks. This step comes as part of Egypt’s digital …
Dubai - Mubasher: The general assembly of Ajman Bank greenlighted cash dividends equivalent to 50% of the bank’s AED 500.03 million net profit for 2025. The approved dividends represent 9.18% of the DFM-listed lender’s paid-up capital, according …
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 …
UAE - Mubasher: The seasonally adjusted S&P Global UAE Purchasing Managers’ Index (PMI) went up to 55.0 in February from 54.9 in January 2026, according to the latest data released by S&P Global. This reading marks a 12-month high and signalling a …
Mubasher: As GCC exposure varies, Saudi Arabia and the UAE can divert some exports through pipelines and terminals outside Hormuz (e.g., to Fujairah), but capacity is limited and prone to bottlenecks, so it cannot fully replace seaborne flows, …
Riyadh – Mubasher: According to the monthly report by Aljazira Capital for February 2026, the Main Market index (TASI) of the Saudi Exchange (Tadawul) ended the month at 10,709 points, which represented a decrease of 5.91% compared to January’s …
UAE – Mubasher: The UAE Capital Market Authority has made an official update, on 1 March 2026, regarding halting trading across the country’s financial markets in line with the current tension in the region. In implementation of its supervisory …
Cairo – Mubasher: First Abu Dhabi Bank Misr (FABMISR), the banking business of the UAE-listed FAB in Egypt, delivered resilient performance across its core business operations, generating net profits worth EGP 16.70 billion. The lender witnessed …
