Cairo - Mubasher: Egypt Gas has approved a capital increase for its affiliate, the Egyptian Company for Technical Services and Equipment Maintenance (Sianco). Sianco’s issued capital will rise by EGP 40 million to EGP 100 million from EGP 60 …
Cairo - Mubasher: The board members of Odin Investments approved the establishment of a multi-issue fund focused on investment in metals, with a capital of EGP 5 million. The fund will be launched in partnership with Empire of Gold, according to a …
Cairo - Mubasher: The extraordinary general meeting (EGM) of Nasr Company for Civil Works approved raising its issued and paid-up capital by EGP 150 million to EGP 360 million from EGP 210 million. The hike will be implemented through a rights …
Riyadh - Mubasher: Altharwah Albashariyyah Company (Tharwah) converted its branch, Altharwah Albashariyyah, into a limited liability subsidiary (Tharwah Consulting). This transformation aligns with the Tadawul-listed company’s strategy to enhance …
Riyadh – Mubasher: Fawaz Abdulaziz Alhokair Company (Cenomi Retail) announced rebranding to AFG International Company, according to a bourse disclosure. However, the trade name will remain Cenomi Retail under the symbol code (4240). The Saudi …
Mubasher: Al-Futtaim, one of the most diversified and progressive, appointed Tarek Tantawy as the CEO of Al-Futtaim Egypt, effective from 15 January 2026. In his role, Tantawy will lead Al-Futtaim’s operating model in Egypt, capital allocation, …
Mubasher: PwC has appointed Laura Hinton as the incoming Middle East Senior Partner, after she has been serving as the Deputy Territory Senior Partner and working closely with the regional leadership team and engaging with clients across the …
Abu Dhabi - Mubasher: The Commercial Bank International (CBI) has obtained the approval of the Central Bank of the UAE (CBUAE) to proceed with the closure of its Islamic Window function. The Higher Shariah Authority has reviewed the methodology …
Cairo - Mubasher: e-finance for Digital and Financial Investments has submitted a preliminary, non-binding offer to purchase 100% of the shares of a company operating in the non-banking financial services (NBFS) sector. The acquisition offer …
Cairo - Mubasher: The board members of Raya Holding for Financial Investment have granted their preliminary approval for the offer submitted by Helios Investment Partners LLP to acquire 100% of the subsidiary Raya Foods. Helios Investment …
Cairo - Mubasher: South Cairo and Giza Mills and Bakeries Company has sold its Bahbah plant, including the land plot and buildings, for EGP 11,000 per square meter (sqm) through an auction. The company sold the asset which spans an area of 1,554 …
Cairo - Mubasher: The board of El Obour for Real Estate Investment has decided to establish a new subsidiary in the UAE. The new real estate investment unit will be based in Dubai as a limited liability entity after completing all regulatory and …
Cairo - Mubasher: Cairo National Company for Investments and Security (CNIS), a subsidiary of Abu Dhabi Islamic Bank (ADIB), announced that the National Company for Trading and Development reduced its equity in CNIS to 23.86% from 24.25%. National …
By: Abdullah Bedeir Cairo - Mubasher: Mashariq for Organic Agriculture Company intends to list its shares on the Egyptian Exchange (EGX) within about three years, Managing Director and CEO, Abdelrahman Eid, told Mubasher. The company is …
Cairo - Mubasher: The extraordinary general meeting (EGM) of Acrow Misr Formwork Technology approved the fair value (FV) study that sets the share price at EGP 129.29, according to a bourse filing. During their 6 January 2026 meeting, the …
Abu Dhabi – Mubasher: Abu Dhabi National Company for Building Materials (BIildco) obtained the approval of the Securities and Commodities Authority (SCA) to increase its share capital from 300 million shares to 1.50 billion shares. Following the …
Riyadh - Mubasher: Four Winds Saudi Arabia Limited, a leader in comprehensive and integrated moving and logistics services, has officially joined the Saudi–French Business Council (CAFS). The membership aligns with the company’s strategy to expand …
Riyadh – Mubasher: The Capital Market Authority (CMA) greenlighted the capital increase requests of Saudi Networkers Services Company and Mawarid Manpower Company on 6 January 2026, according to bourse disclosures. Saudi Networkers Services plans …
Riyadh - Mubasher: Saudi Arabian Oil Company (Aramco) has notified industrial companies, including Saudi Ceramic Company (Saudi Ceramics) and Yanbu Cement Company, of fuel price adjustments for operational and production use, effective 1 January …
Riyadh - Mubasher: Amana Cooperative Insurance Company announced Abdullah Othman Al Musa as the board’s Chairman for the next four years. Meanwhile, Naif Faisal Al Sudairi was appointed as the Vice Chairman, according to a bourse filing. The two …
Riyadh - Mubasher: Saudi Pharmaceutical Industries and Medical Appliances Corporation (SPIMACO) has established a fully-owned unit focused on the development and manufacturing of biopharmaceutical products. Known as SPIMACO Bio, the new entity is …
Cairo - Mubasher: El-Nasr Clothing and Textiles Company (KABO) has reduced its stake in Alexandria Spinning and Weaving Company (Spinalex) to 26.55% from 27.09%. KABO executed the transaction through the sale of 1.94 million shares, at an average …
Riyadh – Mubasher: The Capital Market Authority (CMA) greenlighted the requests of Kesay Clinics Company to trade their shares on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul). The Saudi firm intends to offer 2 million shares, …
Riyadh – Mubasher: Saudi Tadawul Group Holding Company appointed Mazen Abdulrazzaq Al Romaihas as the Chairman of the board members. Yazeed Abdulrahman Al Humaid was announced as the Vice Chairman, according to a bourse filing. The two officials …
Abu Dhabi – Mubasher: Emirates Stallions Group has appointed Tariq Nazzal as the CEO of its real estate vertical Royal Development Holding, a premier UAE-based real estate development firm, according to a press release. The appointment followed …