Banking and Finance

02:40 AM Sitecore accelerates momentum in Middle East via AI deployments, works with listed entities

Mubasher: Sitecore, a global player in AI-enabled digital experience software, announced a significant expansion of investment in the Middle East with a new deployment announced for Saudi Arabia in 2026, according to a press release. An early …

Companies Investments

2 March 10:04 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 …

Banking and Finance

1 March 03:26 PM Ericsson, Mastercard integrate business to bolster global digital economy

Mubasher: Ericsson and Mastercard joined forces to integrate the Ericsson Fintech Platform with Mastercard Move to empower telecom service providers, banks, and fintechs. The collaboration aims to expand digital wallet capabilities, launch new …

Global Economy

1 March 01:47 PM Skipr raises $2m funding to build sovereign AI trust infrastructure

Mubasher: Skipr, a startup developing autonomous trust infrastructure for AI, has closed its $2 million seed funding round at a $10 million valuation, according to a press release. The investment will support the company’s expansion from Abu …

Banking and Finance

1 March 12:36 PM The United Bank’s consolidated profits drop 14% in 2025

Cairo - Mubasher: The United Bank generated 14% year-on-year (YoY) lower consolidated net profits after tax at EGP 2.43 billion in 2025, compared with EGP 2.83 billion. The basic earnings per share (EPS) hit EGP 1.78 as of 31 December 2025, …

Financial Results

1 March 10:53 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 …

Banking and Finance

1 March 03:14 AM KFH’s arm in Egypt launches Apple Pay service to fast-track digital transformation

Cairo – Mubasher: Kuwait Finance House – Egypt (KFH-Egypt), the bank operating in Egypt under the cross-listed KFH, has introduced Apple Pay service for its customers to offer a more secure, faster, and private payment method. This move enables …

Banking and Finance

Mashreq Bank bond listing on Nasdaq Dubai 2026

1 March 03:02 AM Nasdaq Dubai lists Mashreq Bank’s capital securities; orderbook hits $2.1bn

Dubai – Mubasher: Nasdaq Dubai announced the listing of $500 million in Additional Tier 1 (AT1) capital securities issued by Mashreq Bank in a transaction that attracted significant demand from regional and international investors. With the …

Trading Activities

26 February 03:04 PM OMNIYAT prices 5-year Sukuk at $600m; listed banks partake

UAE - Mubasher: Dubai’s leading ultra-luxury real estate developer OMNIYAT priced a $600 million Sukuk with a five-year tenor, marking its third capital markets transaction since its May 2025 debut. The issuance drew strong demand from regional …

Real estate

26 February 02:20 PM Al Rajhi Takaful’s net profits surge 37% in 2025

Riyadh - Mubasher: Al Rajhi Company for Cooperative Insurance (Al Rajhi Takaful) generated SAR 454.98 million in net profits after Zakat attributable to shareholders during 2025. The gains marked an annual jump of 36.90% from SAR 332.34 million, …

Financial Results

26 February 01:11 PM Tawuniya’s net profits increase to SAR 1.1bn in 2025

Riyadh - Mubasher: The Company for Cooperative Insurance (Tawuniya) delivered 7.93% higher net profits after Zakat attributable to shareholders at SAR 1.10 billion during 2025, compared with SAR 1.02 billion a year earlier. The earnings per share …

Financial Results

26 February 12:39 PM GIG’s profits hike 28.5% in 2025; revenues hit SAR 1.5bn

Riyadh - Mubasher: Gulf Insurance Group (GIG) logged SAR 126.18 million in net profits after Zakat attributable to the owners during 2025, higher by 28.51% year-on-year (YoY) than SAR 98.19 million. The earnings per share (EPS) increased to SAR …

Banking and Finance

26 February 12:04 PM Saudi Re reports 70.5% lower net profits in 2025

Riyadh - Mubasher: The net profits after Zakat attributable to shareholders of Saudi Reinsurance Company (Saudi Re) hit SAR 140.04 million in 2025. The annual earnings were lower by 70.50% year-on-year (YoY) than SAR 474.81 million, according to …

Banking and Finance

26 February 10:40 AM CBE unveils EGP 90bn T-bills end-week

Cairo – Mubasher: The Central Bank of Egypt (CBE) offered treasury bills (T-bills) at an aggregated value of EGP 90 billion through two tranches on Thursday, 26 February. The first tranche was valued at EGP 40 billion, carrying a 182-day maturity …

Central Banks

26 February 10:24 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 …

Trading Activities

25 February 05:41 PM EFG Hermes launches 5 mutual funds to retail investors via ONE App

Cairo - Mubasher: EFG Hermes, an EFG Holding company, has launched five mutual funds on the EFG Hermes ONE app, providing users with full access to products managed by its asset management team for the first time. The launch aims to broaden …

Companies Investments

25 February 03:01 PM Emirates NBD Egypt launches Apple Pay to boost digital payments

Cairo - Mubasher: Emirates NBD-Egypt, a subsidiary of DFM-listed Emirates NBD, has introduced Apple Pay to its customers to make secure, contactless payments using their iPhone or Apple Watch, according to a press release. The move aligns with …

Companies Investments

25 February 10:32 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 …

Banking and Finance

24 February 04:24 PM EBank closes 2025 with 16% higher consolidated profits

Cairo – Mubasher: The consolidated net profits after tax of Export Development Bank of Egypt (EBank) hiked by 16% year-on-year (YoY) to EGP 6.05 in 2025 from EGP 5.21 billion. Likewise, the net interest income climbed by 14.10% YoY to EGP 9.91 …

Financial Results

24 February 02:57 PM CIB starts due diligence on HSBC’s retail banking portfolio

Cairo - Mubasher: The Commercial International Bank-Egypt (CIB) has received approval from the Central Bank of Egypt (CBE) to commence due diligence on HSBC’s retail banking portfolio. It is worth noting that there is no certainty this review will …

Corporate Actions

24 February 10:34 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 …

Global Economy

24 February 02:04 AM Invest Bank turns profitable at AED 161.5m in 2025, unveils accumulated losses value

Abu Dhabi – Mubasher: Invest Bank has shifted to net profits after tax worth AED 161.46 million in 2025, versus net losses of AED 189.29 million in 2024. The earnings per share (EPS) stood at AED 0.0006 in 2025, against a loss per share of AED …

Financial Results

23 February 04:22 PM SAB’s board mulls SAR 2bn cash dividends for H2-25

Riyadh – Mubasher: The board of Saudi Awwal Bank (SAB) recommended cash dividends after Zakat amounting to SAR 2.05 billion for the second half (H2) of 2025. The lender will pay out a dividend of SAR 1 per share for 2.05 billion eligible shares, …

Banking and Finance

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