Top News

NBE's branch inauguration in Riyadh

2 hours ago NBE eyes further expansion in Gulf countries — Elsafty

Mubasher: The National Bank of Egypt (NBE) is looking to expand into the Gulf region, other than Saudi Arabia and the UAE, Hesham Elsafty, Chief International Banking Officer at NBE, announced. In an exclusive interview with Mubasher Info, Elsafty …

Companies Investments

Saudi Arabia plays central role in region's economic growth — NBE’s Deputy CEO

2 hours ago Saudi Arabia plays central role in region's economic growth — NBE’s Deputy CEO

Mubasher: Saudi Arabia plays a vital role in the region's economic growth, Soha El-Turky, the Deputy CEO at the National Bank of Egypt (NBE), stated. El-Turky indicated that the Kingdom represents a key opportunity for business owners worldwide, …

Banking and Finance

Yehia Aboulfotouh, Deputy Chairman of NBE

3 hours ago NBE among 1st banking institutions to open branch in KSA — Aboulfotouh

Mubasher: The National Bank of Egypt (NBE) was among the first banking institutions to apply to Saudi authorities to open a branch in Saudi Arabia, Yehia Aboulfotouh, Deputy Chairman of the NBE, noted. In an exclusive interview with Mubasher Info …

Banking and Finance

stc

2 hours ago stc boosts regional connectivity plans through SAR 3bn Silklink project in Syria

Riyadh - Mubasher: Saudi Telecom Company (stc) was awarded a SAR 3 billion contract with the Syrian Sovereign Fund to implement a telecom infrastructure project, Silklink, in Syria. The project aims to enhance telecommunications infrastructure …

Photo Gallery

10:19 AM Flynas to establish MENA-focused JV in Syria

Riyadh - Mubasher: Flynas Company has entered into a partnership agreement with the Syrian Civil Aviation Authority for a joint venture (JV) to establish and operate a new airline company under its brand. The Saudi group will hold an initial 49% …

Photo Archive

08:41 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 …

Photo Gallery

07:15 AM Dana Gas logs AED 476m profits in 2025; dividends to be discussed in March

Abu Dhabi – Mubasher: Dana Gas registered AED 476 million ($130 million) in net profit during 2025, down 14% from AED 553 million ($151 million) in 2024, according to the preliminary financial results. The gross revenues declined by 22% …

Arab Energy Fund listing on Nasdaq Dubai

5 February 07:10 PM Arab Energy Fund lists $500m Sukuk on Nasdaq Dubai; order book surpasses $1.6bn

Mubasher: Nasdaq Dubai has witnessed the listing of a $500 million Sukuk issued by the MENA-focused Arab Energy Fund, a leading multilateral impact financial institution. The Sukuk marked the fund’s third issuance on Nasdaq Dubai under the Trust …

Saudi Exchange (Tadawul)

5 February 06:28 PM Tadawul introduces ETF Market Making Framework amid global financial hub reach

Riyadh – Mubasher: The Saudi Exchange (Tadawul) has launched a Market Making Framework for Exchange Traded Funds (ETFs), as part of an initiative to cement the local capital market position as a premier global financial hub. The framework …

Cross-listed Orascom Construction stock retests important resistance – Analysis

3 February 04:28 PM Cross-listed Orascom Construction stock retests important resistance – Analysis

Cairo – Mubasher: Technical movements signaled by Mubasher Trade Research indicate that the stock of Orascom Construction witnessed a strong correction due to profit-taking after reaching a historic peak near the EGP 513 level in November 2025 …

Photo Archive

4 February 08:16 AM Avalon Pharma, Bio-Thera reach license agreements for BAT3306 in MENA

Riyadh – Mubasher: Middle East Pharmaceutical Industries Company (Avalon Pharma) entered into a strategic commercialization agreement with Bio-Thera Solutions to register Pembrolizumab in Saudi Arabia and MENA markets Under the agreement, …

Photo Gallery

4 February 06:42 AM Catapult launches business in Saudi Arabia to expand in MENA

Riyadh - Mubasher: Catapult, the global full-service live experience agency, has launched its business in Saudi Arabia with the support of AstroLabs, the Gulf's leading business expansion platform. Founded in Dublin in 1999, Catapult participated …

Photo Gallery

3 February 03:03 PM Air Cairo launches carrier's 1st international flight to Jeddah

Cairo – Mubasher: Air Cairo International Airport launched its first international flight to King Abdulaziz International Airport in Jeddah, the Ministry of Civil Aviation announced. This aligns with the government's strategy to maximize the …

Companies Investments

Photo Archive

3 February 09:10 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 …

Trading Activities

Photo Archive

3 February 08:07 AM NMDC Energy’s regional operations drive AED 18.6bn revenues in 2025

Abu Dhabi – Mubasher: NMDC Energy generated AED 1.60 billion in net profit during 2025, higher by 14% than AED 1.40 billion in 2024. The basic and diluted earnings per share (EPS) recorded AED 0.32 at the end of 2025, up year-on-year (YoY) from …

Photo Archive

2 February 03:29 PM GFH acquires majority stake in GCC-focused Byrne Equipment Rental

Mubasher: GFH Financial Group has purchased a 60% stake in Byrne Equipment Rental LLC, a leading GCC industrial services and equipment rental provider, with an investment and capital expenditure program valued at around $400 million. This …

Companies Investments

Photo Archive

2 February 08:38 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 …

Trading Activities

Photo Gallery

1 February 06:46 AM Yozo.ai closes $1.7m funding round to expand e-commerce globally

UAE - Mubahser: UAE-based e-commerce AI startup Yozo.ai has secured $1.70 million in pre-seed funding, co-led by Access Bridge Ventures and Disruptech Ventures and joined by Arzan VC, Oraseya Capital, Plus VC, Suhail Ventures, Glint Ventures, and …

Photo Gallery

1 February 06:12 AM EvolutionX enters Gulf region via Dubai-based Kitopi

UAE - Mubahser: EvolutionX, the growth-stage private credit platform established by Temasek and DBS Bank, led a $50 million growth capital round raised by Kitopi, the Middle East’s leading next-generation F&B ecosystem. This marks the platform’s …

Lam Research’s stock

28 January 07:33 PM Lam Research’s stock hits unprecedented levels

Mubasher: Lam Research (LRCX) continued its upward trend, reaching new all-time highs near $251.00. The price began its climb, supported by high trading volumes, closing yesterday's session at $241.80. Pre-session trading opened around $248.50. It …

Stock Evaluations

Apple's stock

28 January 06:55 PM Apple’s stock stabilizes following post-record high correction

Mubasher: Apple (AAPL) shares pulled back after hitting an all-time high near $288.60 in December 2025, as investors took profits. The stock later found support around $243.75, where buying interest resurfaced along an upward trend line that has …

Intel’s stock

28 January 06:36 PM Intel’s stock rebounds after Nvidia foundry deal

Mubasher: The stock of Intel (INTC) is moving in an upward trend, supported by a series of higher highs and lows. The stock recently experienced a strong correction from its peak of $55.35, successfully rebounding from a key support level near …

Stock Evaluations

Photo Gallery

28 January 03:15 PM Dubai Insurance launches 1st crypto-enabled digital wallet in UAE

Dubai - Mubasher: Dubai Insurance Company has partnered with Zodia Custody to launch the first digital wallet for crypto assets in the UAE insurance sector, according to a press release. The new wallet enables secure receipt of insurance premiums …

Photo Archive

28 January 06:55 AM ADNIC fuels global expansion with branch in India

Abu Dhabi - Mubasher: Abu Dhabi National Insurance Company (ADNIC) is set to inaugurate branch in India, reinforcing its global expansion strategy, according to a press release. The Central Bank of the United Arab Emirates (CBUAE) greenlighted the …

Photo Gallery

28 January 04:02 AM Middle East-focused Property Finder secures $170m investment led by Mubadala

UAE - Mubahser: Property Finder has raised $170 million in new funding led by Mubadala Investment Company, alongside another UAE sovereign wealth fund and BECO Capital. The investment anchors Property Finder’s position as the region’s leading …