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31 May 06:51 PM

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31 July 2025 05:10 AM AMOC records EGP 1.5bn consolidated profits in FY24/25
Cairo – Mubasher: Alexandria Mineral Oils Company (AMOC) generated consolidated net profits after tax valued at EGP 1.55 billion in fiscal year (FY) 2024/2025, an annual growth of 3% from EGP 1.50 billion. The sales reached EGP 37.62 billion in …
Financial Results
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30 July 2025 08:13 PM Crédit Agricole Egypt witnesses lower consolidated net profits at EGP 3.5bn in H1-25
Cairo - Mubasher: Crédit Agricole Egypt logged consolidated net profits after tax worth EGP 3.55 billion in the first half (H1) of 2025, marking an annual decline from EGP 4.21 billion. The net interest income stood at EGP 5.45 billion in the six …
Banking and Finance
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30 July 2025 06:52 PM NMDC reports 20% higher net profits in H1-25 backed by expansion in MENA
Abu Dhabi – Mubasher:The net profits of National Marine Dredging Company (NMDC) hiked by 20% year-on-year (YoY) to AED 1.75 billion in the first half (H1) of 2025 from AED 1.46 billion. Revenue from contracts with customers increased by 10% to AED …
Financial Results
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30 July 2025 05:39 PM Noatum Maritime reinforces global presence with new office in Shanghai
Abu Dhabi - Mubasher: Noatum Maritime, a subsidiary of AD Ports Group (AD Ports), has inaugurated its first office in Shanghai to strengthen the group’s presence in Asia and expand its global maritime services network. The new office is part of …
Companies Investments
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30 July 2025 01:51 PM Saudi foodtech startup secures $39m funding round for global expansion plans
Riyadh - Mubasher: Calo, the Middle East’s largest foodtech startup, has raised $39 million (SAR 146.27 million) in a series B extension round, bringing the total funding to $64 million (SAR 240 million). Led by AlJazira Capital, Oraseya Capital, …
Companies Investments
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30 July 2025 11:27 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 …
Mutual Funds
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30 July 2025 09:03 AM Americana Restaurants posts $92.5m profits in H1-25, higher revenues on regional expansion
Mubasher: The net profits attributable to the owners of Americana Restaurants International jumped by 15.70% year-on-year (YoY) to $92.50 million in the first half (H1) of 2025 from $80 million The cross-listed group generated revenues amounting …
Global Economy
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29 July 2025 08:43 PM Mashreq Bank witnesses resilient performance in H1-25 amid global macroeconomic uncertainty
Dubai – Mubasher: Mashreq Bank logged net profits after tax worth AED 3.47 billion in the first half (H1) of 2025, down 14% from AED 4.05 billion in H1-24. Total operating income went up by 1% year-on-year (YoY) to AED 6.18 billion as of 30 June …
Global Economy
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29 July 2025 01:19 PM Arabian Drilling fuels global expansion with 1st international offshore deal, UAE branch
Riyadh – Mubasher: Arabian Drilling has signed an agreement with a GCC-based company, marking its first offshore operation outside Saudi Arabia, according to a press release. The Saudi firm aims to expand its operations beyond its domestic market …
Companies Investments
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29 July 2025 00:06 PM 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
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29 July 2025 10:58 AM Modon records AED 10bn sales in H1-25 backed by global expansion
Abu Dhabi - Mubasher: Modon Holding generated net profits after tax valued at AED 2.11 billion in the first half (H1) of 2025, compared to AED 8.73 billion in the year-ago period. Revenues amounted to AED 6.54 billion at the end of June 2025, …
Global Economy
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28 July 2025 00:46 PM Orascom Construction’s board greenlights transferring primary listing to ADX
Cairo – Mubasher: The board members of Orascom Construction approved transferring its primary share listing to the Abu Dhabi Securities Exchange (ADX) while maintaining its secondary listing on the Egyptian Exchange (EGX). Subject to the approval …
Corporate Actions
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28 July 2025 10:17 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
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28 July 2025 09:51 AM CBE offers debt instruments on Monday
Cairo – Mubasher: The Central Bank of Egypt (CBE) issued treasury bills (T-bills) with a total value of EGP 67 billion through two tranches on Monday, 28 July. The first auction was valued at EGP 27 billion and will mature in 91 days on 28 October …
Macroeconomics
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27 July 2025 11:43 AM CBE issues T-bills, T-bonds on Sunday
Cairo – Mubasher: The Central Bank of Egypt (CBE) offered treasury bills (T-bills) with a combined value of EGP 80 billion through two auctions on Sunday, 27 July. The first tranche was valued at EGP 35 billion, holding a 182-day maturity period …
Central Banks
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27 July 2025 10:50 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
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24 July 2025 10:20 PM Emirates NBD’s income soars to AED 23.9bn in H1-25 on regional expansion, other factors
Dubai – Mubasher: The net income of Emirates NBD increased by 12% to AED 23.90 billion during the first half (H1) of 2025, backed by strong loan growth, regional expansion and innovative product offering. Lending soared by AED 41 billion (8%) in …
Banking and Finance
e7 Group
24 July 2025 06:42 PM e7 Group unveils capital restructuring through AED 800m dividends, growing demand across region
Abu Dhabi – Mubasher: The board of e7 Group has approved a one-off special dividend of AED 800 million as part of a strategic capital restructuring plan to enhance shareholder returns and optimize long-term value creation, according to a press …
Board of Directors
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24 July 2025 03:47 PM Uber launches new features for specific customers in MENA region
Mubasher: Uber has introduced a new feature in the MENA region that is designed to make the Uber app easier and more accessible for older adults, according to a press release. The new product, under the name Senior Accounts of the app’s Family …
Companies Investments
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24 July 2025 09:44 AM SODIC generates EGP 1.3bn consolidated profits in H1-25
Cairo – Mubasher: Six of October Development and Investment (SODIC) posted 107% year-on-year (YoY) higher net profits after tax at EGP 1.30 billion in the first half (H1) of 2025, according to the financial results. The registered net profits were …
Financial Results
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23 July 2025 06:49 PM FAB’s net profits leap 26% in H1-25; global expansion plans unveiled
Abu Dhabi – Mubasher: First Abu Dhabi Bank (FAB) recorded net profits after tax valued at AED 10.65 billion in the first half (H1) of 2025, an annual increase of 26% from AED 8.42 billion. Operating income jumped by 16% year-on-year (YoY) to AED …
Banking and Finance
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23 July 2025 00:58 PM Dana Gas recompletes Balsam-3 well in Egypt’s onshore Nile Delta
Abu Dhabi – Mubasher: Dana Gas commenced the recompletion works at the Balsam-3 well in Egypt’s onshore Nile Delta within the framework of the company’s $100 million investment program. The initiative aims to support domestic gas production, …
Companies Investments
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23 July 2025 11:02 AM Prices of investment funds including certificates in EGP, USD
Cairo – Mubasher:  Based on 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 the …
Banking and Finance
Photo Gallery
23 July 2025 07:32 AM CI Capital leads Bonyan’s EGP 1.8bn IPO on EGX
Cairo – Mubasher:  CI Capital Holding for Financial Investments has executed the EGP 1.80 billion initial public offering (IPO) of Bonyan for Development and Trade on the Egyptian Exchange (EGX), according to a press release. CI Capital acted as …
Companies Investments
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22 July 2025 08:48 PM CIB’s consolidated profits exceed EGP 33.3bn in H1-25
Cairo – Mubasher: The consolidated net profits after tax of the Commercial International Bank-Egypt (CIB) hit EGP 33.34 billion in the first half (H1) of 2025, an annual surge from EGP 27.54 billion. The lender reported net interest income valued …
Banking and Finance