KSA
Mubasher TV
 Contact Us Advertising   العربية
KSA
TDWL Closed
10 May 06:12 PM

Banking and Finance

Photo Archive
1 hour ago SAIB records 6% higher interest income during Q1-26; profits hit $4m
Cairo - Mubasher: Société Arabe Internationale de Banque (SAIB) posted 47% lower net profits after tax at $4.06 million in the first quarter (Q1) of 2026, compared to $7.70 million in Q1-25. The interest income jumped by 6% year-on-year (YoY) to …
Banking and Finance
Photo Archive
4 hours ago 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
EG Bank
12:05 PM EG Bank generates 35% higher consolidated profits in Q1-26
Cairo - Mubasher: Egyptian Gulf Bank (EG Bank) recorded 35% year-on-year (YoY) higher consolidated net profits after tax valued at EGP 1.02 billion in the first quarter (Q1) of 2026, compared to EGP 758.71 million. The earnings per share (EPS) …
Financial Results
Emirates NBD
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 …
Banking and Finance
Photo Archive
09:11 AM CBE offers EGP 85bn T-bills, T-bonds on Sunday
Cairo – Mubasher: The Central Bank of Egypt (CBE) offered treasury bills (T-bills) at a total value of EGP 70 billion through two auctions on Sunday, 10 May. Both tranches were valued at EGP 35 billion, maturing on 10 November 2026 and 11 May …
Macroeconomics
Photo Archive
7 May 07:58 PM Sinad Holding incurs net losses in Q1-26 amid 6% revenue growth
Riyadh – Mubasher: Sinad Holding Company posted net losses of SAR 15.70 million during the first quarter (Q1) of 2026. The losses incurred during January-March 2026 deepened by 481.48% from SAR 2.70 million in Q1-25, according to the 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 …
Global Economy
Photo Archive
7 May 11:36 AM Tawuniya witnesses revenue growth to SAR 5.7bn in Q1-26
Riyadh – Mubasher: The Company for Cooperative Insurance (Tawuniya) generated revenue worth SAR 5.76 billion during the first quarter (Q1) of 2026. The result marked an annual increase of 12.64% from the SAR 5.12 billion insurance revenue …
Company News
Mutakamela Insurance Company
6 May 09:51 PM Mutakamela Insurance incurs losses in Q1-26 amid nearly SAR 195m revenue
Riyadh – Mubasher: Mutakamela Insurance Company posted net losses after Zakat worth SAR 10.62 million in the first quarter (Q1) of 2026, shifting from net profits of SAR 5.80 million in Q1-25. The loss per share stood at SAR 0.17 in Q1-26, against …
Financial Results
Photo Archive
6 May 07:07 PM Arabian Shield generates over SAR 398m insurance revenue in Q1-26
Riyadh – Mubasher: Arabian Shield Cooperative Insurance Company achieved net profits after Zakat worth SAR 4.89 million during the first quarter (Q1) of 2026. The net income in January-March 2026 reflected a 24.09% decrease from SAR 6.45 million …
Financial Results
Photo Gallery
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 …
Macroeconomics
Photo Archive
6 May 02:05 PM EFG Hermes advises on Bedaya’s EGP 1.9bn securitized bond issuance
Cairo - Mubasher: EFG Hermes, an EFG Holding company, concluded advisory on a securitized bond issuance for Bedaya Mortgage Finance, with a total value of EGP 1.91 billion, according to a press release. The issuance marks Bedaya’s eighth …
Companies Investments
Crédit Agricole
6 May 10:47 AM Crédit Agricole Egypt offers new savings certificates with 18.5% annual returns
Cairo - Mubasher: Crédit Agricole Egypt has launched two new savings certificates, Prestige Fixed CD and Pearl Floating CD, and they can be booked through mobile banking. The bank introduces competitive returns with monthly interest payments in …
Companies Investments
Photo Archive
5 May 06:31 PM Al Etihad Cooperative’s profits shrink 43.5% in Q1-26; accumulated losses unveiled
Riyadh - Mubasher: Al Etihad Cooperative Insurance Company recorded net profits attributable to the shareholders valued at SAR 9.42 million in the first quarter (Q1) of 2026, down 43.43% from SAR 16.66 million in Q1-25. The insurance revenues …
Company News
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) …
Banking and Finance
Photo Archive
5 May 09:26 AM GlobalCorp concludes 1st short-term debt issuance at EGP 1bn
Cairo – Mubasher: GlobalCorp for Financial Services has closed its first short-term debt issuance, valued at EGP 1 billion, representing the first tranche of a broader EGP 2 billion program. This issuance marks GlobalCorp’s entry into the …
Banking and Finance
Photo Archive
4 May 08:06 PM Al Rajhi Takaful records 25% higher net profits in Q1-26
Riyadh – Mubasher: Al Rajhi Takaful Company for Cooperative Insurance registered SAR 113.50 million worth of net profits after Zakat during the first quarter (Q1) of 2026. The net income signaled a 25% annual growth from SAR 90.79 million in …
Banking and Finance
Photo Archive
4 May 07:37 PM Walaa Cooperative turns profitable in Q1-26; accumulated losses shrink
Riyadh – Mubasher: Walaa Cooperative Insurance Company shifted to net profits worth SAR 16.18 million in the first quarter (Q1) of 2026, against net losses of SAR 67.95 million in Q1-25. The earnings per share (EPS) stood at SAR 0.13 in Q1-26, …
Banking and Finance
Photo Archive
4 May 02:54 PM Bupa Arabia’s board proposes SAR 4/shr dividends for 2025
Riyadh – Mubasher: The board of Bupa Arabia for Cooperative Insurance Company has recommended a distribution of SAR 4 per share as a dividend for 2025. The insurance firm plans to disburse SAR 600 million, equivalent to 40% of the SAR 1.50 billion …
Banking and Finance
Photo Archive
4 May 11:05 AM CBE auctions EGP 10bn T-bonds on Monday
Cairo – Mubasher: The Central Bank of Egypt (CBE) issued treasury bonds (T-bonds) at a total value of EGP 10 billion in two tranches on Monday, 4 May. The first offering, valued at EGP 3 billion, will mature in two years on 17 March 2028, …
Macroeconomics
Photo Archive
4 May 09:46 AM Edita inks EGP 500m deal to fuel expansion
Cairo - Mubasher: Edita Food Industries signed a medium-term loan agreement for a total amount of EGP 500 million for seven years, according to a bourse filing. Divided into two tranches, the loan will be utilized to refinance the asset …
Banking and Finance
Photo Archive
3 May 05:58 PM EFG Hermes selected to lead Misr Life Insurance's IPO on EGX
Cairo - Mubasher: EFG Hermes, an EFG Holding company, has been appointed sole global coordinator and sole bookrunner for the initial public offering (IPO) of Misr Life Insurance on the Egyptian Exchange (EGX). The company will offer 20% of its …
Initial Public Offerings
Photo Archive
3 May 10:45 AM Bupa Arabia sees higher profits in Q1-26 initial financials; revenues up 19%
Riyadh - Mubasher: Bupa Arabia for Cooperative Insurance Company recorded net profits attributable to the owners valued at SAR 387.29 million in the first quarter (Q1) of 2026, an annual rise of 1.85% from SAR 380.23 million. Insurance revenues …
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
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 …
Banking and Finance