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25 May 04:47 PM

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e& money
13 April 02:55 PM e& money launches digital gold investment service in UAE
Abu Dhabi – Mubasher: e& money, the fintech arm of Emirates Telecommunications Group Company (e&), partnered with SafeGold to launch a new digital gold investment offering. The new launch will enable customers in the UAE to buy and sell 24-karat …
Companies Investments
flyadeal
13 April 01:47 PM Saudi flyadeal to launch flights from Jeddah to Dubai
Riyadh - Mubasher: Saudi airline flyadeal is scheduled to launch flights between Jeddah and Dubai, reinstating services between the Saudi capital and Dubai, effective 15 April. The expansion strengthens connectivity between the Kingdom and the …
Companies Investments
Etihad Airways
13 April 12:16 PM Etihad Airways expands China network to boost global trade connectivity
UAE - Mubasher: Etihad Airways, the national airline of the UAE, has expanded its China network by launching five new routes and adding 28 weekly flights, according to a press release. The airline will operate services from Abu Dhabi Zayed …
Global Economy
Photo Archive
13 April 10:27 AM Manazel sees higher profits at nearly AED 14.5m in 2025
Abu Dhabi - Mubasher: Manazel recorded higher net profits after tax amounting to AED 14.39 million in 2025, compared to AED 8.22 million in 2024. The revenues declined to AED 98.03 million last year from AED 135.21 million at the end of December …
Company News
Jazeera Airways
31 March 01:49 PM Jazeera Airways resumes flights to Jeddah through Qaisumah Airport
Mubasher: Jazeera Airways has relaunched its flights from Kuwait to Jeddah in Saudi Arabia as part of the airline’s expanded dual-base operations, according to a press release. The resumption took effect on 28 March 2026, with fights being …
Global Economy
The Ivy
12 April 02:31 PM IHC-backed DIAFA buys majority stake in Caring hospitality empire
Abu Dhabi – Mubasher: DIAFA, a luxury hospitality platform and affiliate of Abu Dhabi’s International Holding Company (IHC), has acquired a majority stake in Richard Caring’s portfolio. DIAFA took over The Ivy Brasseries as well as The Birley …
Mergers and Acquisitions
Photo Gallery
12 April 12:13 PM SAR launches 5 new logistics routes to boost international trade flows
Riyadh – Mubasher: Saudi Arabia Railways (SAR) has launched five new logistics routes to boost supply chain efficiency and integrate various transport modes, according to the Saudi Press Agency (SPA). The newly launched routes will link Arabian …
Global Economy
Photo Gallery
12 April 09:41 AM Salik’s general assembly nods for H2-25 cash dividends
Dubai - Mubasher: The general assembly meeting of Salik Company has approved its financial results for 2025 and the distribution of dividends for the second half (H2). The DFM-listed group will disburse  AED 890.30 million, equivalent to AED 0.11 …
Company News
EGYPES 2026
29 March 10:52 AM EGYPES 2026 to kick off this week with 50,000 participants
Cairo - Mubasher: The ninth edition of the Egypt Energy Show (EGYPES) is set to kick off on Monday, 30 March, in the presence of President Abdel Fattah El-Sisi. Scheduled to conclude activities on 1 April, the conference will witness a high-level …
Companies Investments
Photo Gallery
9 April 09:56 PM Al Habtoor Group injects AED 5bn investments for commercial tower in Dubai
UAE - Mubasher: Al Habtoor Group unveiled an investment exceeding AED 5 billion in Dubai’s real estate sector, developing a new landmark commercial tower within Al Habtoor City, according to a press release. Located in the heart of Dubai on Sheikh …
Companies Investments
Photo Gallery
9 April 09:07 PM FABMISR expands network in Egypt via El Sadat branch
Cairo – Mubasher: First Abu Dhabi Bank Misr (FABMISR), a unit of the UAE-listed FAB, has opened a new branch in El Sadat City in Monufeya Governorate in line with its continued expansion strategy. Through its new branch, the lender aims to enhance …
Company News
Photo Archive
9 April 06:06 PM Jarir unveils GCC expansion with new SAR 15m showroom
Riyadh - Mubasher: Jarir Marketing Company, also known as Jarir Bookstore, has recently opened a new showroom in The Gate Mall, replacing its previous location in Sama Mall.  The new showroom is located in Kuwait’s Egaila area and spans 2,310 …
Company News
Photo Archive
9 April 07:06 AM Union Coop’s shareholders approve 14% of capital as dividends for 2025
Dubai – Mubasher: The general assembly meeting of Union Coop approved the distribution of AED 244.38 million, equivalent to AED 0.14 per share, for 2025, according to a press release. The meeting also passed a 5% return on shareholders’ purchases …
Banking and Finance
Khaled Mohamed Balama, Governor of the CBUAE, and Khalid Humaidan, Governor of the CBB,
9 April 07:04 AM UAE, Bahrain sign AED 20bn currency swap agreement
Mubasher: The Central Bank of the UAE (CBUAE) and the Central Bank of Bahrain (CBB) inked a AED/BHD currency swap agreement, the Emirates News Agency (WAM) reported. Khaled Mohamed Balama, Governor of the CBUAE, signed the deal with Khalid …
Banking and Finance
Photo Archive
9 April 07:02 AM Saudi sports gaming startup ElGoat raises $266,000 funding to expand in MENA
Riyadh - Mubasher: Saudi Arabia-based sportstech ElGoat has closed a $266,000 Seed funding round backed by Trigon, with a valuation of $2.66 million, according to a press release. The fresh capital will be directed toward enhancing the platform’s …
Companies Investments
Photo Gallery
9 April 06:56 AM PIF backs King Street’s fund to expand private credit investment in MENA
Riyadh - Mubasher: The Public Investment Fund (PIF) signed a non-binding memorandum of understanding (MoU) with leading global investment management firm King Street Capital Management to expand private credit investment opportunities in Saudi …
Companies Investments
Photo Archive
9 April 06:49 AM AD Ports pens deal with to refinance AED 9.1bn syndicated loan
Abu Dhabi – Mubasher: Abu Dhabi Ports Company (AD Ports) has signed an agreement with First Abu Dhabi Bank (FAB) and Emirates NBD Capital Limited (ENBD) to refinance its syndicated loan of AED 9.17 billion ($2.50 billion) one year ahead of …
Companies Investments
Masterplan Visual of The Beaumont
8 April 08:01 PM Syria unveils first-of-kind megaproject The Beaumont
Mubasher: Syria’s Ministry of Tourism has partnered with Ezdihar Holding to carry out The Beaumont mega-development project, which spans 77,000 square meters, according to a press release. The development is the country’s first fully integrated …
Global Economy
Photo Archive
8 April 04:38 PM Aman turns profitable in 2025; accumulated losses for Q4 unveiled
Dubai – Mubasher: Dubai Islamic Insurance and Reinsurance Company (Aman) turned profitable at AED 9.02 million in 2025, against net losses valued at AED 28.41 million in 2024. The basic and diluted earnings per share (EPS) hit AED 0.036 last year, …
Banking and Finance
Photo Archive
8 April 12:35 PM Dubai Taxi to pay AED 142m dividends for H2-25
Dubai - Mubasher: The annual general meeting (AGM) of Dubai Taxi Company (DTC) greenlighted a final cash dividend for the second half (H2) of 2025, amounting to AED 142 million, equivalent to 5.68 fils per share. This follows the interim dividend …
General Assembly
Union Properties
8 April 12:18 PM Union Properties’ AGM approves dividends for 1st time in over decade
Dubai – Mubasher: The annual general meeting (AGM) of Union Properties approved the distribution of a cash dividend of AED 3 fils per share, marking the company’s first dividend payout in 11 years, according to a press release. The greenlighted …
Cash Dividends
Photo Archive
8 April 10:21 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 and the price of each certificate in EGP, except for Azimut …
Banking and Finance
Borouge
8 April 09:19 AM Borouge’s general assembly approves final dividends for 2025
Abu Dhabi – Mubasher: The shareholders of Borouge approved a final 2025 dividend of $1.32 billion, reflecting the company’s strong operational performance and record sales. The final dividend payment stands at $658 million (8.10 fils per share), …
Cash Dividends
Photo Gallery
7 April 04:59 PM PureHealth’s shareholders greenlight AED 600m dividends for 2025
Abu Dhabi – Mubasher: The shareholders of PureHealth Holding approved a cash dividend of AED 600 million for 2025, equivalent to approximately 30% of net profit. The dividends reflect the company’s strong financial performance and continued …
Company News
Photo Archive
7 April 03:40 PM A Capital’s unit secures franchise deal to expand globally
Cairo - Mubasher: Porto International Investment, a subsidiary of A Capital Holding, has signed a development and master franchise agreement with Italian company La Burrateria. The deal includes establishing a factory for cheese production …
Real estate