Abu Dhabi – Mubasher: Abu Dhabi Future Energy Company (Masdar), in which Abu Dhabi National Energy Company (TAQA) holds a 43% shareholding, has signed a binding agreement with TotalEnergie to establish a 50/50 joint venture (JV). The involved …
Riyadh – Mubasher: Kingdom Holding Company has signed a share purchase agreement to acquire a stake in US-based Breakthrough Energy Ventures from Prince Al Waleed bin Talal bin Abdulaziz Al Saud, according to a bourse filing. The equity takeover …
Abu Dhabi – Mubasher: Presight AI Holding has signed separate memoranda of understanding (MoUs) with the governments of three countries in Africa to support their national digital transformation initiatives, accoridng to a bourse disclosure. The …
Cairo - Mubasher: The Listing Committee of the Egyptian Exchange (EGX) approved listing the increase of Giza General Contracting Company's issued and paid-up capital by EGP 144.27 million. The company is raising the capital to EGP 432.81 million …
Cairo - Mubasher: The extraordinary general meeting (EGM) of Egyptian Media Production City Company (EMPC) approved increasing its issued capital to EGP 2.25 billion from EGP 1.89 billion. Following the capital hike, the company’s total number of …
Abu Dhabi – Mubasher: International Holding Company (IHC) has received all regulatory approvals to acquire approximately 41.50% stake in India-based Sammaan Capital Limited on a fully diluted basis, according to a press release. The transaction …
Cairo – Mubasher: TAQA Arabia has been among Egypt’s 50 Most Valuable Companies 2026 list of Forbes Middle East, ranking 41st with a market value of approximately $361 million. The integrated energy services company in Egypt, the Middle East, and …
Mubasher: Jazeera Airways will restart twice-weekly services from Kuwait to Egypt and Georgia as of 15 April 2026, according to a press release. The new routes to Tbilisi, Sharm El-Sheikh, and Hurghada will be operated through Saudi Arbia at King …
Cairo - Mubasher: The board members of Juhayna Food Industries approved increasing its issued and paid-in capital by EGP 294.18 million to EGP 1.76 billion from EGP 1.47 billion. The capital hike will be executed through the distribution of bonus …
Cairo - Mubasher: The ordinary general assembly of GPI for Urban Growth approved, on 29 March, distributing one free share for every 12 existing shares as bonus shares for 2025. The disbursement will be funded from the 2025 profit surplus, which …
Cairo - Mubasher: Alexandria Mineral Oils Company (AMOC) is currently studying the establishment of a slack wax de-oiling project in cooperation with Germany’s SULZER. The targeted project is part of the company’s efforts to develop facilities …
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 …
Cairo - Mubasher: Suez Canal Bank will distribute bonus shares at a nominal value of EGP 10 per share and a rate of 0.53 free shares for every one original share of the bank's shares, before a previously approved capital increase, for the holders …
Cairo - Mubasher: The board members of Al Fanar Contracting, Construction, Trade, Import and Export Company approved increasing its issued and paid-up capital to EGP 32 million from EGP 16 million through the distribution of bonus shares. The EGP …
Cairo - Mubasher: The board of Abu Qir Fertilizers and Chemical Industries Company agreed to implement a coated urea project with a production capacity of 400 tons per day. The development is estimated at roughly $5.60 million in investment cost …
Riyadh – Mubasher: Umm Al Qura for Development and Construction Company inked a Sharia-compliant revolving credit facility agreement with Saudi Awwal Bank (SAB) at a value of SAR 500 million. The loan, secured on 29 March 2026, will be used to …
Cairo – Mubasher: Egypt’s leading digital financial platform Telda has officially launched its securities investment service, allowing users to invest directly in the Egyptian Exchange (EGX) and various investment funds through the app. The new …
Riyadh – Mubasher: Saudi Steel Pipe Company inked a SAR 127 million deal to supply oil and gas steel to Saudi Arabian Oil Company (Aramco), according to a bourse disclosure. The agreement is expected to have a financial impact, reflecting during …
Cairo – Mubasher: Lime Consumer Finance, a wholly owned entity of First Abu Dhabi Bank (FAB) in the UAE, partnered with Cippo Egypt to expand access to inclusive and high-quality education. The collaboration provides flexible financing solutions …
Cairo - Mubasher: Banque du Caire has submitted documents to the Egyptian Exchange (EGX) to list the shares for increasing its issued and paid-up capital to EGP 30.50 billion from EGP 20.50 billion. The capital raise is valued at EGP 10 billion, …
Cairo - Mubasher: Mubasher for Securities and Bonds (Mubasher Trade) acted as the broker for an equity increase transaction in First Investment and Real Estate Development. The real estate developer stated that Hesham Soliman Fahmy Abdel Latif …
Cairo - Mubasher: The extraordinary general meeting (EGM) of International Company for Leasing (Incolease) approved decreasing its issued and paid-up capital by EGP 7.77 million to EGP 500 million from EGP 507.77 million. The capital is …
Abu Dhabi – Mubasher: Aldar Properties is set to hand over more than 3,500 units in 2026, maintaining strong delivery momentum across its development portfolio, according to a press release. The group has constructed 1,075 homes since the …
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 …
Cairo - Mubasher: The Financial Regulatory Authority (FRA) is currently reviewing a mandatory tender offer (MTO) request by Al Baraka Bank Egypt to acquire a majority stake in Al Tawfeek Leasing Company (A.T. LEASE). The proposal seeks to acquire …
