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15 May 07:30 PM

Top News

ADNOC Drilling
11 May 08:34 AM ADNOC Drilling delivers strongest Q1 performance on back of largest fleet size in MENA
Abu Dhabi – Mubasher: ADNOC Drilling Company delivered its strongest first-quarter performance on record in terms of revenue and net income, backed by high fleet activity, integrated services growth, long-term contract coverage, and technology-led …
Financial Results
Aramex
10 May 06:19 PM Aramex achieves strong revenues in Q1-26 amid regional challenges
Dubai - Mubasher: Aramex generated lower net profits after tax at AED 16.84 million in the first quarter (Q1) of 2026, compared to AED 17.78 million in Q1-25. The revenues grew by 2% to AED 1.59 billion in Q1-26 from AED 1.56 billion a year …
Company News
Photo Archive
10 May 05:51 PM Agility Global’s profits near $40m in Q1-26
Abu Dhabi - Mubasher: Agility Global generated net profits after tax worth $39.70 million in the first quarter (Q1) of 2026, compared to $31.40 million in Q1-25. Basic and diluted earnings per share (EPS) increased to $0.26 in January-March 2026 …
Company News
Photo Archive
10 May 02:26 PM IHC’s profits leap 98.5% in Q1-26; revenues cross AED 31.4bn
Abu Dhabi – Mubasher: International Holding Company (IHC) registered net profits after tax valued at AED 8.18 billion in the first quarter (Q1) of 2026, an annual leap of 98.50% from AED 4.12 billion. The basic and diluted earnings per share (EPS) …
Financial Results
Photo Archive
10 May 02:00 PM Bank of Sharjah achieves 30% higher profits in Q1-26; total assets hit AED 55bn
Abu Dhabi – Mubasher: The net profits of Bank of Sharjah increased by 30% year-on-year (YoY) to AED 151.19 million in the first quarter (Q1) of 2026 from AED 116.17 million. The basic and diluted earnings per share (EPS) went up to AED 0.05 in …
Financial Results
PureHealth
10 May 12:20 PM PureHealth exceeds AED 6.3bn in local procurement spend
Abu Dhabi – Mubasher: PureHealth Holding has crossed AED 6.33 billion in local procurement spend since joining the Ministry of Industry and Advanced Technology’s (MoIAT) National In-Country Value (ICV) program in 2022. This marks a near threefold …
Event
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10 May 09:48 AM Emaar Properties unveils AED 70bn awarded contracts to drive UAE industrial growth
Dubai – Mubasher: Emaar Properties announced total awarded contracts valued at nearly AED 70 billion during the fifth edition of 'Make It in the Emirates', according to a press release. This aligns with the group’s commitment to strengthening …
Event
Emirates NBD
10 May 09:23 AM Emirates NBD Egypt delivers strong financial results in Q1-26; profits hit EGP 1.7bn
Cairo – Mubasher: Emirates NBD Egypt, a subsidiary of UAE-based Emirates NBD, delivered strong financial performance in the first quarter (Q1) of 2026, generating 22% year-on-year (YoY) higher net profits at EGP 1.70 billion. Net interest income …
Financial Results
Photo Archive
7 May 07:17 PM MENA’s 1st digital private wealth platform Vault launches in Saudi Arabia
Riyadh – Mubasher: Vault, a global digital wealth management and advisory platform, has expanded its services into Saudi Arabia after obtaining the Capital Market Authority (CMA) license for advisory services. The first digital private wealth …
Companies Investments
Mastercard
7 May 01:40 PM Mastercard introduces SME program to bolster MENA economic stability; listed entities partake
Mubasher: Mastercard has initiated a regional resilience program aimed at supporting SMEs across the MENA region while establishing a coordinated ecosystem of financial tools and policy support. Under the name ‘Built Small. Moving Strong,’ the new …
Companies Investments
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6 May 05:17 PM DIB, Mashreq Bank lead AED 18bn industrial financing for MoIAT
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 …
Banking and Finance
Photo Gallery
6 May 04:27 PM TA’ZIZ signs $28.5bn agreements to expand industrial portfolio
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 …
Company News
Sultan Al Jaber, ADNOC’s Managing Director and Group CEO
6 May 09:50 AM Al Jaber unveils AED 180bn procurement to drive UAE economic growth, addresses OPEC exit
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 …
Macroeconomics
Capital Group
6 May 09:06 AM Capital Group to launch 1st regional office in ADGM
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 …
Global Economy
ADIB
5 May 04:52 PM ADIB Egypt’s consolidated profits leap to EGP 3.6bn in Q1-26
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) …
Financial Results
Photo Archive
5 May 12:15 PM SENAAT’s Egypt-based unit, Elegancia Steel pen deal for joint project in Algeria
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 …
Companies Investments
Photo Archive
5 May 09:38 AM Alpha Dhabi begins 2026 with 82% higher profits at AED 3.8bn in Q1
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 …
Financial Results
Photo Archive
4 May 11:28 AM 2PointZero announces resilient performance in Q1-26; revenues leap to AED 9.9bn
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) …
Financial Results
ADNOC
4 May 08:50 AM ADNOC plans AED 200bn project awards until 2028
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 …
Company News
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30 April 06:23 AM Saudi Arabia launches strict measures to protect ‘No Hajj Without Permit’ policy
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 …
Global Economy
Photo Archive
3 May 11:53 AM Dana Gas confirms full settlement of overdue receivables in Egypt
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 …
Company News
CBI
3 May 09:44 AM CBI’s expanded investment portfolio stimulates 7% higher total assets in Q1-26
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 …
Banking and Finance
Photo Archive
3 May 09:40 AM DFM opens 2026 with higher profits; revenues hit AED 253m in Q1-26
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 …
Company News
Amadou Diallo, Group CEO of Aramex
3 May 09:36 AM Global logistics leader Aramex appoints Diallo as Group CEO
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 …
Global Economy
Mashreq
3 May 09:07 AM Mashreq enters 2026 with roust momentum; operating income surpasses AED 3.4bn in Q1-26
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 …
Company News