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27 October 2025 01:36 PM Orascom Construction’s subsidiary unveils Four Seasons Telluride project in US
Mubasher: The Weitz Company, a subsidiary of Orascom Construction, served as general contractor for the Four Seasons Resort and Residences Telluride development in the ski resort community of Mountain Village in the US. The project is located on a …
Real estate
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27 October 2025 11:34 AM Prices of investment funds including certificates in EGP, USD
Cairo – Mubasher: Based on updated data, Mubasher is featuring mutual funds, along with their relevant prices as of the latest closing. Below, you can find the names of the Investment Funds, as well as the prices of each certificate in EGP and …
Banking and Finance
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27 October 2025 07:59 AM UAE launches world’s 1st gigawatt-scale renewable energy project at $6bn capital
Abu Dhabi - Mubasher: The UAE has launched the world’s largest combined solar power and battery storage project, capable of providing 1 gigawatt (GW) of continuous baseload renewable energy around the clock. The facility, backed by over $6 billion …
Companies Investments
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26 October 2025 02:40 PM PIF anchors Albilad MSCI ETF’s listing on Tadawul
Riyadh - Mubasher: Albilad Investment Company (Albilad Capital) has announced the listing of Albilad MSCI Saudi Equity ETF, the first broad market ETF in Saudi Arabia. The Saudi Public Investment Fund (PIF) anchored the transaction as an investor. …
Global Economy
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26 October 2025 00:18 PM Prices of investment funds including certificates in EGP, USD
Cairo – Mubasher: Based on updated data, Mubasher is featuring mutual funds, along with their relevant prices as of the latest closing. Below, you can find the names of the Investment Funds, as well as the prices of each certificate in EGP and …
Global Economy
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26 October 2025 07:48 AM SISCO Holding’s GDI to acquire UAE-based Transcorp for AED 225m
Riyadh - Mubasher: Green Dome Investments (GDI), a portfolio company of Sustainable Infrastructure Holding Company (SISCO Holding), has signed an agreement to acquire 100% of  UAE-based Transcorp International for AED 225 million (SAR 229.75 …
Companies Investments
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26 October 2025 07:45 AM Emaar launches AED 100bn Dubai Mansions at Emaar Hills
Dubai – Mubasher: Emaar announced the Dubai Mansions project at Emaar Hills, the city’s newest and most prestigious master-planned community, with a total value of AED 100 billion. The new project includes 40,000 ultra-luxury residences, featuring …
Real estate
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26 October 2025 07:42 AM Saudi SAL, Emirates SkyCargo renew partnership to boost logistics operations
Riyadh - Mubasher: SAL Saudi Logistics Services Company renewed its partnership with Emirates SkyCargo to provide integrated solutions covering ground handling, air cargo, and logistics operations for the UAE carrier’s flights across airports in …
Companies Investments
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26 October 2025 07:40 AM RAKBANK’s net profits exceed AED 2bn in 9M-25
Abu Dhabi – Mubasher: The National Bank of Ras Al Khaimah (RAKBANK) achieved net profits after tax amounting to AED 2.08 billion in the first nine months (9M) of 2025. The recorded net profits were higher by 23% year-on-year (YoY) than AED 1.68 …
Financial Results
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26 October 2025 07:38 AM Emirates Driving witnesses solid profitability in 9M-25; revenues near AED 563m
Abu Dhabi - Mubasher: Emirates Driving Company posted 31% year-on-year (YoY) higher net profits after tax at AED 271.89 million in the first nine months (9M) of 2025, versus AED 206.79 million. Basic and diluted earnings per share (EPS) increased …
Financial Results
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26 October 2025 07:36 AM du logs AED 2.1bn profits in 9M-25; revenues surge 8%
Dubai – Mubasher: Emirates Integrated Telecommunications Company (du) generated AED 2.18 billion in net profit after tax during the first nine months (9M) of 2025, an annual rise of 14.60% from AED 1.90 billion. Total revenues climbed by 8% to AED …
Financial Results
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26 October 2025 07:32 AM UAE’s Amlak Finance exits operations in Egypt through EGP 400m deal
Dubai - Mubasher: Amlak Finance sold its subsidiary in Egypt to Al Baraka Bank Egypt at a total value of EGP 400 million (AED 30.80 million), according to a disclosure. In line with its strategic objectives, the transaction marks the company’s …
Banking and Finance
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23 October 2025 06:53 PM RAK Properties’ profits leap 79% in 9M-25; sold units hit 1,412
Abu Dhabi - Mubasher: RAK Properties logged net profits after tax worth AED 216.81 million in the first nine months (9M) of 2025, higher by 79% than AED 121.41 million in 9M-24. Revenues surged by 31% year-on-year (YoY) to AED 1.16 billion in …
Financial Results
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23 October 2025 06:12 PM Ajman Bank posts higher profits after tax at AED 380m in 9M-25
Dubai - Mubasher: Ajman Bank generated profits after tax totaling AED 379.90 million in the first nine months (9M) of 2025, marking a year-on-year (YoY) hike from AED 289.56 million. Basic and diluted earnings per share (EPS) grew to AED 0.14 in …
Banking and Finance
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23 October 2025 04:51 PM Emirates Islamic Bank’s profits surge 9% in 9M-25; total operating income hits AED 4.4bn
Dubai – Mubasher: Emirates Islamic Bank registered AED 2.71 billion in net profit during the first nine months (9M) of 2025, an annual growth of 9% from AED 2.49 billion. Earnings per share (EPS) hit AED 0.50 as of 30 September 2025, up …
Banking and Finance
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23 October 2025 02:42 PM Bank of Sharjah sees 47% higher net profits in 9M-25
Abu Dhabi – Mubasher: Bank of Sharjah logged AED 434.63 million in net profit during the first nine months (9M) of 2025, marking an annual surge of 47% from AED 295.61 million. Basic and diluted earnings per share (EPS) increased to AED 0.14 as of …
Banking and Finance
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23 October 2025 00:15 PM Emirates NBD witnesses robust financial performance; KSA leads lending growth
Dubai – Mubasher: Emirates NBD recorded AED 36.70 billion income for the first nine months (9M) of 2025, as the lender continues strong growth momentum in both interest income and non-funded income across all countries, segments, and products. …
Banking and Finance
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23 October 2025 11:33 AM TabSense closes $5m funding round to expand regional sales
Riyadh - Mubasher: Saudi AI startup TabSense has raised $5 million in a funding round to launch the first AI Agentic Point of Sale (PoS) system for multi-branch and franchise restaurants and cafés. Led by Jasoor Ventures, the funds will boost …
Global Economy
Bilal Abu-Ghazaleh, Founder of 1001 AI
23 October 2025 10:39 AM Deep-tech startup 1001 AI secures $9m for Gulf’s 1st AI-native industrial platform
UAE- Mubasher: Deep-tech startup 1001 AI has raised $9 million in a seed round led by CIV, General Catalyst, and Lux Capital, according to a press release. Additional participants include Chris Ré, Amjad Masad (Replit), Amira Sajwani (DAMAC), …
Companies Investments
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23 October 2025 10:31 AM MNEA-focused Cercli to build AI-native workforce platform via $12m funding round
UAE - Mubasher: UAE-based workforce management platform Cercli has secured $12 million in a series A funding round led by Picus Capital, according to a press release. The fundraising transaction also saw participation from Knollwood Investment …
Global Economy
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23 October 2025 08:09 AM CBD posts higher profits in 9M-25; net loans exceed AED 100bn
Dubai – Mubasher: The Commercial Bank of Dubai (CBD) generated AED 2.57 billion in net profit during the first nine months (9M) of 2025, an annual rise of 15.60% from AED 2.23 billion. Basic and diluted earnings per share (EPS) amounted to AED …
Financial Results
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23 October 2025 08:06 AM ADIB logs AED 5.3bn profits in 9M-25; operating income rises 14%
Abu Dhabi – Mubasher: Abu Dhabi Islamic Bank (ADIB) posted 15% year-on-year (YoY) higher net profits at AED 5.31 billion in the first nine months (9M) of 2025, versus AED 4.63 billion. Earnings per share (EPS) jumped to AED 1.31 at the end of …
Banking and Finance
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22 October 2025 11:07 AM Prices of investment funds including certificates in EGP, USD
Cairo – Mubasher: Based on updated data, Mubasher is featuring mutual funds, along with their relevant prices as of the latest closing. Below, you can find the names of the Investment Funds, as well as the prices of each certificate in EGP and …
Mutual Funds
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22 October 2025 08:28 AM FAB delivers strong earnings in 9M-25; operating income crosses AED 27.6bn
Abu Dhabi – Mubasher: First Abu Dhabi Bank (FAB) announced 24% year-on-year (YoY) higher net profits at AED 16.01 billion in the first nine months (9M) of 2025, compared to AED 12.86 billion. Basic earnings per share (EPS) increased by 26% to AED …
Banking and Finance
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21 October 2025 05:02 PM NBF, Finesse Global cooperate to drive AI-focused financing in UAE
Abu Dhabi - Mubasher: National Bank of Fujairah (NBF) has signed a memorandum of understanding (MOU) with AI-centric digital transformation firm Finesse Global to provide dedicated system integrator financing solutions. Finesse will secure …
Companies Investments