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Capital Group
6 May 09:06 AM Capital Group to launch 1st regional office in ADGM
UAE – Mubasher: Capital Group, one of the world’s largest active investment managers, plans to establish an office in the UAE’s Abu Dhabi Global Market (ADGM), marking its first within the Middle East region. The Abu Dhabi office is expected to be …
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) …
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5 May 12:15 PM SENAAT’s Egypt-based unit, Elegancia Steel pen deal for joint project in Algeria
Riyadh - Mubasher: Zamil Structural Steel Company, Egypt-based subsidiary of Advanced Building Industries Company (SENAAT), inked a SAR 362.60 million agreement with Qatar-based Elegancia Steel Company. Under the 18-month agreement, Zamil …
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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 …
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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, …
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4 May 10:09 AM Kima’s revenues leap to EGP 7.3bn in 9M-25/26 unaudited results
Cairo - Mubasher: Egyptian Chemical Industries (Kima) generated EGP 531.310 million in net profit after tax during the first nine months (9M) of fiscal year (FY) 2025/2026, an annual fall from EGP 811.654 million. The revenues amounted to EGP …
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4 May 09:55 AM Egypt Aluminum generates higher profits at EGP 10.4bn in 9M-25/26
Cairo - Mubasher: The net profits after tax of Egypt Aluminum grew by 6% year-on-year (YoY) to EGP 10.44 billion in the first nine months (9M) of fiscal year (FY) 2025/2026, compared to EGP 9.89 billion. Sales jumped by 14.56% to EGP 36.73 billion …
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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 …
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4 May 08:48 AM Misr El Gadida for Housing to distribute EGP 1.7bn cash dividends for 2025
Cairo - Mubasher: The ordinary general meeting (OGM) of Misr El Gadida for Housing and Development approved disbursing cash dividends valued at EGP 1.78 billion for 2025. The dividend amount will be paid in two equal installments of EGP 0.22 per …
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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 …
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3 May 11:53 AM Dana Gas confirms full settlement of overdue receivables in Egypt
Abu Dhabi – Mubasher: Dana Gas has received an additional payment of $20 million from Egypt, confirming the full settlement of overdue receivables from the country, according to a press release. This follows the receipt of a $50 million payment in …
Amadou Diallo, Group CEO of Aramex
3 May 09:36 AM Global logistics leader Aramex appoints Diallo as Group CEO
Dubai - Mubasher: Aramex named Amadou Diallo as its new Group CEO who will lead the Accelerate28 strategy to strengthen the company's core business, improve customer experience, and scale capabilities across key growth markets. Diallo brings over …
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3 May 09:04 AM CBE announces EGP 80bn T-bills on Sunday
Cairo – Mubasher: The Central Bank of Egypt (CBE) issued treasury bills (T-bills) at a combined value of EGP 80 billion through two auctions on Sunday, 3 May. Holding a tenor of 91 days until 4 August this year, the first auction was valued at EGP …
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30 April 09:21 PM Delta Sugar’s net profits fall 74% in Q1-26
Cairo - Mubasher: The net profits after tax of Delta Sugar Company fell by 74% to EGP 80.85 million in the first quarter (Q1) of 2026 from EGP 315 million in Q1-25, as per the unaudited financial results. Similarly, the basic earnings per share …
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30 April 09:10 PM Abu Qir Fertilizers generates EGP 5.6bn net profits in Q1-26 unaudited results
Cairo - Mubasher: Abu Qir Fertilizers Company generated 102% year-on-year (YoY) higher net profits at EGP 5.63 billion in the first quarter (Q1) of 2026. The quarterly profits were compared with EGP 2.78 billion in Q1-25, according to the …
Crédit Agricole
30 April 07:58 PM Crédit Agricole Egypt’s consolidated profits exceed EGP 1.7bn in Q1-26
Cairo - Mubasher: Crédit Agricole Egypt recorded lower consolidated net profits after tax at EGP 1.78 billion in the first quarter (Q1) of 2026, compared to EGP 1.86 billion in Q1-25. The lender reported net interest income worth EGP 2.87 billion …
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30 April 07:28 PM AMOC achieves EGP 10.5bn consolidated sales in Q1-26
Cairo - Mubasher: Alexandria Mineral Oils Company (AMOC) generated consolidated net profits after tax worth EGP 635.11 million in the first quarter (Q1) of 2026, an annual leap of 37% from EGP 463.06 million. The company recorded 4% year-on-year …
National Shipping Company of Saudi Arabia (Bahri)
30 April 05:39 PM Bahri generates nearly SAR 5bn revenue in Q1-26, remains resilient amidst Middle East conflict
Riyadh – Mubasher: The National Shipping Company of Saudi Arabia (Bahri) witnessed a leap of 303.36% in net profit to the owners at SAR 2.14 billion during the first quarter (Q1) of 2026 when compared to SAR 532.82 million in Q1-25. The earnings …
Catalyst Partners Middle East
30 April 08:45 AM Catalyst Partners Middle East mulls expansion in precious metals via acquisition deal
Cairo - Mubasher: The board members of Catalyst Partners Middle East (CPME) approved acquiring a controlling stake, potentially all capital shares, of EIH Consulting and its subsidiaries, according to a press release. This transaction aligns with …
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30 April 08:00 AM QNB finances Middle East’s largest single SAF facility
Cairo - Mubasher: Qatar National Bank (QNB) has participated in a financing project to develop the Middle East’s largest single sustainable aviation fuel (SAF) production facility in Egypt, according to a press release. This project will enhance …
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30 April 07:45 AM CBE offers EGP 90bn T-bills on Thursday
Cairo – Mubasher: The Central Bank of Egypt (CBE) auctioned treasury bills (T-bills) at a total value of EGP 90 billion through two tranches on Thursday, 30 April. The first offering stood at EGP 50 billion, holding a tenor of 182 days until 3 …
Fertiglobe
30 April 06:42 AM Fertiglobe’s profits leap 173% in Q1-26; operations in Egypt see record-breaking performance
Abu Dhabi – Mubasher: Fertiglobe reported 173% higher net profits attributable to the shareholders, reaching $197.90 million during the first quarter (Q1) of 2026, compared to $72.60 million in the year-ago period. The revenues hiked by 32% YoY to …
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30 April 06:23 AM Saudi Arabia launches strict measures to protect ‘No Hajj Without Permit’ policy
Riyadh – Mubasher: The Saudi Ministry of Hajj and Umrah has reinforced strict measures to maintain the "No Hajj Without a Permit" policy in line with its commitment to protecting the rights of authorized pilgrims. This mandate ensures that all …
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29 April 11:13 PM Saudi Arabia acquires nearly half of $2trn upcoming projects in GCC – Report
Mubasher: The GCC Projects Market Outlook by Kamco Invest indicated that the war in the GCC region is expected to thwart the strong outlook for the Gulf projects market in 2026. Three countries, namely Kuwait, Qatar, and Bahrain, have by far …
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29 April 10:55 PM Qatar’s total contract value in Q1-26 leaps to $8.8bn – Kamco Invest
Mubasher: The total value of contracts awarded in Qatar hit $8.8 billion in the first quarter (Q1) of 2026, reflecting a strong increase of 62.1% from $5.5 billion in Q1-25, Kamco Invest said based on data from MEED Projects. This expansion in …