Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) collaborated with Pasqal, a global leader in neutral-atom quantum computing, for the inauguration of the first quantum computer in Saudi Arabia. Aramco and Pasqal also unveiled the first …
Riyadh – Mubasher: The Saudi Exchange (Tadawul) announced that Eid Al Adha holiday will commence on Sunday, 24 May 2026, according to an official statement. Tadawul stated that the last day of trading before the holiday will be Thursday, 21 May …
Riyadh – Mubasher: The International Monetary Fund (IMF) and Saudi Arabia’s Ministry of Finance held the second High-Level Strategic Dialogue on Capacity Development and agreed to a suite of support to IMF capacity development across the Middle …
Riyadh – Mubasher: Ghaia Investment Holding and next-generation investment management firm Chicago Global are introducing Parallax in Saudi Arabia to help institutions form, review and govern investment decisions. Parallax is developed by Chicago …
Riyadh – Mubasher: Riyad Bank and Mastercard jointly launched an innovative Travel and Expense (T&E) Corporate Card program, marking the Saudi lender’s first corporate card offering in the Kingdom. The launch builds on the two entities’ ongoing …
Mubasher: Majid Al Futtaim has officially launched SHARE in Saudi Arabia, introducing its flagship rewards program to one of the region’s fastest-growing and digitally connected markets, according to a press release. SHARE serves as the group’s …
Cairo - Mubasher: The consolidated net profits after tax of Fawry for Banking Technology and Electronic Payments hiked to EGP 792.75 million in the first quarter (Q1) of 2026 from EGP 641.66 million in Q1-25 Revenues also climbed to EGP 2.41 …
Abu Dhabi – Mubasher: Dana Gas logged net profits totaling AED 270 million ($74 million) in the first quarter (Q1) of 2026, marking a 72% year-on-year (YoY) leap from AED 158 million ($43 million). The gross revenues jumped by 59% YoY to AED 531 …
Cairo – Mubasher: The Central Bank of Egypt (CBE) issued treasury bonds (T-bonds) totaling EGP 8 billion in two tranches on Monday, 18 May 2026, according to official data. The first auction, valued at EGP 3 billion, will mature in two years on 17 …
Riyadh – Mubasher: The individual investor subscription period for Dar Al Balad for Business Solutions Company’s initial public offering (IPO) has been concluded at a final offer price of SAR 9.75 per share. The retail offering saw significant …
Riyadh – Mubasher: Dar Al Arkan Real Estate Development Company plans to issue Sharia-compliant, USD-denominated, fixed-rate RegS senior unsecured Sukuk, according to a bourse filing. Dar Al Arkan has mandated Abu Dhabi Commercial Bank (ADCB), Abu …
Riyadh – Mubasher: The Saudi Exchange (Tadawul) has officially announced the approval of SAB Invest to act as the first designated market maker under the Exchange Traded Funds (ETF) Market Making Framework, which was launched earlier in 2026. This …
Cairo - Mubasher: U Consumer Finance (Valu) achieved consolidated net profits after tax amounting to EGP 220.59 million in the first quarter (Q1) of 2026, up year-on-year (YoY) from EGP 123.92 million. The earnings per share (EPS) climbed to EGP …
Riyadh - Mubasher: MENA-based digital freight network TruKKer secured an inaugural trade receivables securitization facility of up to $300 million arranged and funded by Abu Dhabi Commercial Bank (ADCB). The transaction, among the GCC’s first …
Cairo - Mubasher: Alexandria Container & Cargo Handling logged 10% year-on-year (YoY) higher net profits after tax at EGP 1.94 billion in the first quarter (Q1) of 2026, compared to EGP 1.76 billion. Net sales jumped by 4% to EGP 2.15 billion in …
Cairo - Mubasher: Elsewedy Electric Company generated consolidated net profits after tax totaling EGP 5.22 billion in the first quarter (Q1) of 2026, an annual rise from EGP 4.72 billion. Total revenues hit EGP 75.29 billion as of 31 March 2026, …
Dubai – Mubasher: Air Arabia registered net profits after tax valued at AED 248.20 million in the first quarter (Q1) of 2026, down 22% year-on-year (YoY) from AED 305.13 million, according to the financial results. The lower profits were driven by …
Cairo – Mubasher: The Central Bank of Egypt (CBE) announced treasury bills (T-bills) at a combined value of EGP 75 billion through two tranches on Sunday, 17 May. The first auction, valued at EGP 35 billion, will mature in 91 days on 18 August …
Riyadh – Mubasher: Saudi fintech Stitch has secured $25 million in Series A funding led by the US-based VC Andreessen Horowitz (a16z), marking its first investment in the GCC region. The transaction brings Stitch’s total funding to $35 million, …
Cairo - Mubasher: e-finance for Digital and Financial Investments generated 42.30% higher consolidated net profits at EGP 856.90 million in the first quarter (Q1) of 2026, versus EGP 602.30 million in Q1-25 Total consolidated revenues hit EGP 2.24 …
Cairo - Mubasher: Qatar National Bank (QNB Egypt) and GlobalCorp Financial Services Group signed a credit facility agreement valued at EGP 2 billion to finance leasing contracts across various sectors. Moreover, a total of EGP 1 billion will be …
Mubasher: Orascom Construction, listed on ADX as well, logged a consolidated backlog, excluding BESIX, amounting to $9.37 billion in the first quarter (Q1) of 2026. As of 31 March 2026, the consolidated new awards increased by 14.90% year-on-year …
Cairo – Mubasher: The Central Bank of Egypt (CBE) offered treasury bills (T-bills) at a total value of EGP 95 billion through two auctions on Thursday, 14 May. The first tranche was valued at EGP 45 billion and will mature in 182 days on 17 …
Cairo - Mubasher: Banque du Caire posted 16% year-on-year (YoY) higher net profits after tax at EGP 3.97 billion in the first quarter (Q1) of 2026, compared to EGP 3.44 billion. Total operating income climbed by 13% to EGP 11.05 billion as of 31 …
Cairo - Mubasher: Talaat Moustafa Group Holding Company (TMG Holding) generated consolidated revenues valued at EGP 13.07 billion in the first quarter (Q1) of 2026, up 39% year-on-year (YoY) from EGP 9.42 billion. The group delivered robust …
