KSA
Mubasher TV
 Contact Us Advertising   العربية
KSA
TDWL Closed
04 April 07:03 PM

Gulf news

CEO of IHC, Syed Basar Shueb
3 August 2025 07:49 AM IHC targets over $500m reinsurance premiums under long-term strategic alliance with RIQ
Abu Dhabi – Mubasher: International Holding Company (IHC) has entered into a 10-year strategic partnership with the recently launched platform RIQ, while additional updates are expected in the coming months, according to a press release. IHC …
Companies Investments
Photo Gallery
3 August 2025 07:44 AM AMEA Power joins EUR 250m plant in Morocco as company’s 1st water project in Africa
UAE – Mubasher: AMEA Power has entered into the second phase of the Agadir desalination project in Morocco, which will be powered by the company’s 150-megawatt wind project in Laayoune that is being co-developed with Cox. Once operational, the …
Global Economy
Photo Gallery
3 August 2025 07:41 AM Binghatti prices $500m benchmark Sukuk under $1.5bn program
UAE – Mubasher: Real estate developer Binghatti Holding has priced a $500 million five-year Senior Unsecured Sukuk in a transaction that was oversubscribed five times, according to a press release. The Sukuk will be listed on both Nasdaq Dubai and …
Sukuk and Islamic Finance
Photo Gallery
3 August 2025 07:36 AM FAB strengthens international presence with new London branch
Abu Dhabi – Mubasher: First Abu Dhabi Bank (FAB) has endorsed its global footprint after launching a new London branch, with the relocation celebrating FAB’s nearly five-decade presence in the UK and affirming the bank’s commitment to London as a …
Global Economy
Photo Archive
31 July 2025 10:09 PM Al Seer Marine’s fleet expansion drives 20% higher revenues in H1-25
Abu Dhabi – Mubasher: Al Seer Marine Supplies and Equipment Company generated 20.20% year-on-year (YoY) higher revenues at AED 698 million in the first half (H1) of 2025, according to the financial results. Operating profit jumped to AED 156 …
Financial Results
Photo Archive
31 July 2025 09:47 PM ACWA Power registers SAR 909m profits in H1-25
Riyadh – Mubasher: ACWA Power Company recorded net profits valued at SAR 908.97 million in the first half (H1) of 2025, down 1.92% year-on-year (YoY) from SAR 926.79 million. Revenues amounted to SAR 3.71 billion as of 30 June 2025, higher by …
Financial Results
Photo Gallery
31 July 2025 05:19 AM Union Properties unveils higher revenues in H1-25, AED 700m sales deal
Dubai – Mubasher: Union Properties recorded lower net profits at AED 14.56 million in the first half (H1) of 2025, compared to AED 34.77 million a year earlier. Revenue from contracts jumped to AED 315.66 million at the end of June 2025 from AED …
Financial Results
Photo Gallery
31 July 2025 05:16 AM Ooredoo’s net profits up to QAR 1.9bn in H1-25
Mubasher: The net profits attributable to the shareholders of National Mobile Telecommunications Company (Ooredoo) hit QAR 1.94 billion in the first half (H1) of 2025. The generated net profits were higher by 4% year-on-year (YoY) than QAR 1.87 …
Financial Results
Photo Archive
31 July 2025 05:12 AM Nahdi Medical generates SAR 5.1bn revenues in H1-25; dividends announced
Riyadh – Mubasher: Nahdi Medical Company recorded net profits valued at SAR 493.60 million in the first half (H1) of 2025, up 2.68% year-on-year (YoY) from SAR 480.70 million. Revenues amounted to SAR 5.16 billion as of 30 June 2025, marking an …
Cash Dividends
Photo Gallery
31 July 2025 05:07 AM Multiply Group’s revenues hike to AED 1bn in H1-25
Abu Dhabi - Mubasher: The gross profits of Multiply Group increased to AED 509.04 million in the first half (H1) of 2025 from AED 324.62 million in H1-24. Revenue stood at AED 1.02 billion in H1-25, an annual surge from AED 690.70 million, …
Financial Results
Photo Archive
30 July 2025 08:39 PM Mouwasat logs SAR 384m profits in H1-25
Riyadh – Mubasher: Mouwasat Medical Services Company posted 18.41% year-on-year (YoY) higher net profits at SAR 384.01 million in the first half (H1) of 2025, versus SAR 324.28 million. The revenues increased by 10.44% to SAR 1.56 billion in H1-25 …
Financial Results
Photo Archive
30 July 2025 07:39 PM Lajeem Sports posts 9.5% higher revenues in H1-25; cash dividends for Q2 unveiled
Riyadh - Mubasher: Leejam Sports Company generated net profits worth SAR 143 million in the first half (H1) of 2025, marking an annual fall of 14.37% from SAR 167 million. Meanwhile, the revenues increased by 9.41% to SAR 744 million in the first …
Financial Results
Photo Archive
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 …
Global Economy
Photo Archive
30 July 2025 06:10 PM Al Rajhi Takaful’s net profits up to nearly SAR 202.5m in H1-25
Riyadh - Mubasher: Al Rajhi Company for Cooperative Insurance (Al Rajhi Takaful) reported net profit after Zakat attributable to the shareholders worth SAR 202.36 million in the first half (H1) of 2025, up 0.61% from SAR 201.13 million in H1-24. …
Financial Results
Photo Gallery
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 …
Global Economy
Photo Archive
30 July 2025 02:14 PM SHL Finance’s profits exceed SAR 26m in H1-25
Riyadh – Mubasher: SHL Finance Company generated SAR 26.01 million in net profit during the first half (H1) of 2025, marking a 144.19% year-on-year (YoY) leap from SAR 10.65 million. The assets increased by 4.61% to SAR 4.65 billion in H1-25 from …
Financial Results
Photo Gallery
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
Photo Archive
30 July 2025 00:17 PM EMSTEEL logs AED 188m profits in H1-25
Abu Dhabi – Mubasher: EMSTEEL Building Materials recorded higher net profits at AED 187.99 million in the first half (H1) of 2025, compared to AED 174.47 million a year earlier. The revenues jumped by 9% year-on-year (YoY) to AED 4.30 billion as …
Financial Results
Photo Archive
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 …
Banking and Finance
Photo Archive
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 …
Companies Investments
Photo Gallery
30 July 2025 07:06 AM ADNOC Drilling posts 21% higher profits in H1-25; quarterly dividends announced
Abu Dhabi – Mubasher: The net profits after tax of ADNOC Drilling Company jumped by 21% year-on-year (YoY) to $692 million in the first half (H1) of 2025 from $570 million. The group generated revenues worth $2.36 billion as of 30 June 2025, an …
Cash Dividends
Photo Archive
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 …
Financial Results
Photo Archive
29 July 2025 06:18 PM Riyadh Development registers SAR 108m profits in H1-25
Riyadh – Mubasher: Riyadh Development Company generated SAR 107.70 million in net profit during the first half (H1) of 2025, down 33.68% year-on-year (YoY) from SAR 162.40 million. The revenues dropped by 8.38% to SAR 142.43 million in H1-25 from …
Financial Results
Photo Archive
29 July 2025 05:38 PM Arabian Cement unveils SAR 44m profits in H1-25, cash dividends
Riyadh – Mubasher: Arabian Cement Company logged net profits worth SAR 44.10 million in the first half (H1) of 2025, down 46.93% year-on-year (YoY) from SAR 83.10 million. Revenues amounted to SAR 470.90 million as of 30 June 2025, up 16.90% from …
Cash Dividends
Photo Gallery
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