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13 February 2025 02:23 PM 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 as well as the price of each certificate in EGP, except for …

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13 February 2025 07:33 AM DSI logs AED 3.7bn profits attributable to shareholders in 2024

Dubai – Mubasher: Drake & Scull International (DSI) turned profitable attributable to the shareholders at AED 3.74 billion as of 31 December 2024, versus net losses valued at AED 368.11 million in 2023. The company posted higher revenues at AED …

Financial Results

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13 February 2025 07:10 AM Alpha Dhabi Holding sees higher profits at AED 13.5bn; dividends approved

Abu Dhabi – Mubasher: Alpha Dhabi Holding recorded net profits after tax worth AED 13.51 billion in 2024, up year-on-year (YoY) from AED 13.28 billion. Total revenues increased by 40% to AED 63.39 billion as of 31 December 2024 from AED 45.41 …

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13 February 2025 07:01 AM Modon Holding’s global expansion drives 637% higher revenues in 2024; profits exceed AED 9.3bn

Abu Dhabi – Mubasher: Modon Holding generated AED 9.38 billion in net profit during 2024, compared to AED 573.95 million in 2023, as per the consolidated financial results. The group registered 637% year-on-year (YoY) higher revenues at AED 6.51 …

Financial Results

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13 February 2025 06:59 AM Dubai Investments sees higher profits at AED 1.2bn in 2024

Dubai – Mubasher: The net profits after tax of Dubai Investments increased to AED 1.20 billion as of 31 December 2024 from AED 1.13 billion in 2023, according to the preliminary financial results. The company’s revenues amounted to AED 4.60 …

Financial Results

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13 February 2025 06:49 AM Agthia Group’s profits surge in 2024; Egyptian operations expand despite EGP devaluation

Abu Dhabi – Mubasher: Agthia Group achieved net profits worth AED 321.83 million in 2024, an annual growth of 7.40% from AED 299.57 million, as per the unaudited income results. Net revenues increased by 7.70% year-on-year (YoY) to AED 4.91 …

Financial Results

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13 February 2025 06:27 AM RAK Ceramics posts 27% lower profits in 2024; dividends for H2-24 proposed

Abu Dhabi – Mubasher: RAK Ceramics logged net profits valued at AED 234.08 million in 2024, down 27% year-on-year (YoY) from AED 320.85 million. The revenues stood at AED 3.23 billion as of 31 December 2024, an annual drop of 6.50% from AED 3.45 …

Financial Results

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12 February 2025 11:27 PM Union Properties reduces legacy debt, targets another AED 150m cut by Q1-25

Dubai – Mubasher: Union Properties has achieved a significant milestone in its recovery plan by reducing its legacy debt of AED 1.47 billion as of 2022 to AED 575 million as of the end of December 2024. The company also plans for an additional …

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12 February 2025 07:28 PM NMDC posts 44% higher profits in 2024; dividends recommended

Abu Dhabi – Mubasher: National Marine Dredging Company (NMDC) recorded net profits after tax valued at AED 3.10 billion in 2024, an annual leap of 44% from AED 2.15 billion. Revenue from contracts with customers amounted to AED 26.26 billion in …

Financial Results

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12 February 2025 06:33 PM EMSTEEL generates AED 8.3bn revenues in 2024 following rebranding

Abu Dhabi – Mubasher: EMSTEEL Building Materials delivered total revenues of AED 8.33 billion in 2024, approximately 6% lower than the AED 8.89 billion reported for 2023. This decrease was attributed to various factors, including fluctuations in …

Financial Results

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12 February 2025 06:02 PM DIB’s profits up 16% in 2024; total income cross AED 23.3bn

Dubai – Mubasher: Dubai Islamic Bank (DIB) posted 16% year-on-year (YoY) higher net profits at AED 8.16 billion in 2024, compared to AED 7 billion. Total income stood at AED 23.34 billion in 9M-24, an annual rise of 16% from AED 20.14 billion, …

Financial Results

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12 February 2025 05:38 PM ADNOC L&S registers $756m profits in 2024; revenues hike 29%

Abu Dhabi – Mubasher: ADNOC Logistics & Services (ADNOC L&S) generated 22% year-on-year (YoY) higher net profits at $756 million in 2024, compared to $620 million. The revenues increased by 29% to $3.54 billion last year from $2.75 billion in …

Financial Results

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12 February 2025 01:54 PM PIF launches 3rd edition of Private Sector Forum in Riyadh

Riyadh – Mubasher: The Public Investment Fund (PIF) has launched its third Private Sector Forum, along with an accompanying exhibition, at Riyadh’s King Abdulaziz International Conference Center. The forum, which is being held during 12-13 …

Companies Investments

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12 February 2025 00:50 PM Aramex’s profits to owners near AED 142m in 2024; revenues up 11%

Dubai – Mubasher: The net profits attributable to the shareholders of Aramex grew by 10% to AED 141.81 million in 2024 from AED 129.29 million in 2023, according to the financial results. The company posted revenues amounting to AED 6.32 billion …

Financial Results

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12 February 2025 11:55 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 as well as the price of each certificate in EGP, except for …

Photo Archive

12 February 2025 11:46 AM du logs AED 2.4bn net profits in 2024; highest dividends unveiled

Dubai – Mubasher: Emirates Integrated Telecommunications Company (du) posted an annual hike of 49.10% in net profit to AED 2.48 billion during 2024, compared to AED 1.66 billion. Revenues increased by 7.30% to AED 14.63 billion at the end of …

Financial Results

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12 February 2025 09:22 AM Americana Restaurants records decline in 2024 financial results due regional geopolitical situation

Mubasher: Americana Restaurants International achieved net profits attributable to the shareholders amounting to $158.75 million in 2024, an annual plunge of 38.80% from $259.46 million. The cross-listed group posted 9% lower revenues at $2.19 …

Financial Results

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11 February 2025 05:58 PM DEWA’s net profits cross AED 7.2bn in 2024; revenues up 6%

Dubai – Mubasher: Dubai Electricity and Water Authority (DEWA) recorded net profits after tax of AED 7.23 billion in 2024, compared to AED 7.93 billion in 2023. Total assets climbed to AED 185.54 billion as of 31 December 2024 from AED 181.17 …

Financial Results

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11 February 2025 04:52 PM DP World unveils major milestone in developing 1st phase of $80m Sokhna Logistics Park

Mubasher: DP World has reached a major milestone in the development of the Sokhna Logistics Park, with 65% of the first phase now complete, according to a press release. The $80 million logistics hub which is strategically located in the Suez …

Companies Investments

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11 February 2025 03:51 PM Deyaar’s profits jump in 2024; revenues exceed AED 1.5bn

Dubai – Mubasher: Deyaar Development recorded an annual rise in net profit after tax to AED 473.91 million during 2024, compared to AED 440.71 million, according to the preliminary unaudited financial results. Total revenue increased by 20.61% …

Financial Results

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11 February 2025 02:21 PM ADNOC Distribution records robust performance in 2024 from higher operations in Saudi Arabia, Egypt

Abu Dhabi – Mubasher: Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) achieved its highest-ever earnings before interest, taxes, depreciation, and amortisation (EBITDA) of $1.05 billion (AED 3.86 billion) in 2024. This marked …

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11 February 2025 01:02 PM IHC generates AED 25.4bn profits in 2024; revenues leap 54.5%

Abu Dhabi – Mubasher: International Holding Company (IHC) logged higher net profits after tax at AED 25.46 billion in 2024, compared to AED 32.95 billion in 2023. Revenues hiked by 54.40% to AED 92.75 billion last year from AED 60.08 billion in …

Financial Results

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10 February 2025 08:29 PM Aldar records 47% leap in profits in 2024

Abu Dhabi – Mubasher: The net profits after tax of Aldar Properties jumped by 47% year-on-year (YoY) to AED 6.50 billion in 2024, versus AED 4.41 billion. Revenues hiked by 62% to AED 22.99 billion at the end of December 2024 from AED 14.16 …

Financial Results

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10 February 2025 04:05 PM Fertiglobe’s profits drop in 2024 due to gas shortages in Algeria, Egypt

Abu Dhabi – Mubasher: Fertiglobe recorded net income amounting to $159.90 million in 2024, marking a year-on-year (YoY) plunge from $348.90 million. The revenues fell by 7% to $2 billion last year from $2.41 billion in 2023, according to the …

Financial Results

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10 February 2025 03:15 PM 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 as well as the price of each certificate in EGP, except for …

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