KSA
Mubasher TV
 Contact Us Advertising   العربية
KSA
TDWL Closed
04 April 04:22 AM

Gulf news

Photo Archive
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 …
Global Economy
Photo Archive
24 July 2025 09:42 AM NMDC Energy sees 16% surge in H1-25 net profits
Abu Dhabi – Mubasher: The net profits after tax of NMDC Energy jumped by 16% to AED 583 million in the first half (H1) of 2025 from AED 502 million in H1-24. The company posted revenues worth AED 8.16 billion as of 30 June 2025, an annual surge of …
Financial Results
Photo Archive
24 July 2025 09:37 AM Bank of Sharjah’s profits hike to nearly AED 268.5m in H1-25
Abu Dhabi – Mubasher: Bank of Sharjah recorded net profits after tax valued at AED 268.32 million in the first half (H1) of 2025, an annual increase of 56.70% from AED 170.97 million. Net interest income jumped by 54.90% year-on-year (YoY) to AED …
Financial Results
Photo Archive
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 …
Financial Results
Photo Archive
23 July 2025 05:09 PM SAIB witnesses 9.5% higher profits in H1-25 initial results
Riyadh – Mubasher: The Saudi Investment Bank (SAIB) generated SAR 1.01 billion in net profit during the first half (H1) of 2025, higher by 9.36% than SAR 928.80 million in H1-24. Earnings per share (EPS) was kept unchanged at SAR 0.68 as of 30 …
Banking and Finance
Photo Archive
23 July 2025 04:31 PM Yanbu Cement logs SAR 51.5m profits in H1-25; revenues up
Riyadh – Mubasher: Yanbu Cement Company registered 47.45% lower net profits at SAR 51.53 million in the first half (H1) of 2025, versus SAR 98.07 million a year earlier. Revenues hit SAR 540.74 million in H1-25, up 21.64% year-on-year (YoY) from …
Financial Results
Photo Archive
23 July 2025 03:02 PM Bank Albilad sees 11.5% higher profits in H1-25; dividends announced
Riyadh – Mubasher: The net profits of Bank Albilad surged by 11.58% year-on-year (YoY) to SAR 1.46 billion in the first half (H1) of 2025 from SAR 1.31 billion. The earnings per share (EPS) went up to SAR 0.98 in H1-25 from SAR 0.88 in H1-24, …
Cash Dividends
Photo Archive
23 July 2025 01:26 PM Astra Industrial’s profits near SAR 347m in H1-25; revenues down 6%
Riyadh – Mubasher: Astra Industrial Group generated 8.88% higher net profits at SAR 346.79 million in the first half (H1) of 2025, versus SAR 318.48 million in H1-24. The revenues hit SAR 1.54 billion at the end of June 2025, lower by 6.25% …
Financial Results
Photo Archive
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
Photo Archive
23 July 2025 00:28 PM Ajman Bank’s profits after tax hit AED 245m in H1-25
Dubai – Mubasher: Ajman Bank recorded net profits after tax worth AED 245.09 million in the first half (H1) of 2025, an annual drop from AED 215.56 million. Net interest income retreated to AED 399.21 million as of 30 June 2025 from AED 428.13 …
Financial Results
Photo Archive
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 Archive
23 July 2025 09:35 AM ANB’s profits hit SAR 2.6bn in H1-25; dividends unveiled
Riyadh – Mubasher: Arab National Bank (ANB) recorded 7.05% higher net profits at SAR 2.64 billion in the first half (H1) of 2025, compared to SAR 2.46 billion in H1-24. Earnings per share (EPS) hit SAR 1.32 in H1-25, higher than SAR 1.23 in H1-24, …
Financial Results
Adeer International and PARAGON Developments
22 July 2025 06:07 PM Egyptian-Saudi collaboration unveiled for Mostakbal City with over EGP 70bn investments
Cairo – Mubasher: Adeer International, a subsidiary of the Saudi Sumou Holding Group, has teamed up with Egyptian real estate firm PARAGON Developments in a strategic partnership that underscores both companies’ commitment to strengthening …
Real estate
Photo Archive
22 July 2025 05:23 PM Mobily generates nearly SAR 1.6bn net income in H1-25, unveils dividends
Riyadh – Mubasher: Etihad Etisalat Company (Mobily) achieved net profits worth SAR 1.59 billion in the first half (H1) of 2025. The net income marked a 22.94% growth from SAR 1.29 billion in H1-24, according to the income statements. The earnings …
Financial Results
Saudi Elevare360 and Qatari Sahmik
22 July 2025 03:49 PM Two MEIRA’s members collaborate to advance regional IR innovation, serve listed firms
Mubasher: Elevare360 Advisory, a Saudi-based investor relations and strategic communications consultancy, has signed a strategic partnership agreement with Qatari capital markets data and analytics platform Sahmik to accelerate investor relations …
Companies Investments
Photo Archive
22 July 2025 01:32 PM Prices of investment funds including certificates in EGP, USD – Update
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
Photo Archive
22 July 2025 05:49 AM Sipchem’s net profits fall 91.5% in H1-25; revenues hit SAR 3.8bn
Riyadh – Mubasher: Sahara International Petrochemical Company (Sipchem) posted 91.38% lower net profits at SAR 26.10 million in the first half (H1) of 2025, versus SAR 303 million in H1-24. The Saudi group generated revenues amounting to SAR 3.87 …
Financial Results
Photo Archive
22 July 2025 05:47 AM SNB to pay SAR 6bn dividends for H1-25
Riyadh – Mubasher: The Saudi National Bank (SNB) announced cash dividends after Zakat amounting to SAR 6 billion, representing 10% of its share capital, for the first half (H1) of 2025. The lender will disburse a dividend of SAR 1 per share for 6 …
Banking and Finance
Photo Archive
22 July 2025 05:45 AM SAB generates SAR 4.2bn profits in H1-25
Riyadh – Mubasher: Saudi Awwal Bank (SAB) achieved  SAR 4.26 billion in net profit during the first half (H1) of 2025, an annual rise of 4.94% from SAR 4.06 billion. Earnings per share (EPS) amounted to SAR 1.95 as of 30 June 2025, compared to SAR …
Banking and Finance
Photo Archive
22 July 2025 05:43 AM Banque Saudi Fransi posts higher profits at SAR 2.7bn in H1-25; dividends proposed
Riyadh – Mubasher: Banque Saudi Fransi recorded net profits worth SAR 2.74 billion in the first half (H1) of 2025, an annual rise of 20.27% from SAR 2.27 billion. Earnings per share (EPS) amounted to SAR 1.02 as of 30 June 2025, up from SAR 0.87 …
Financial Results
Photo Archive
22 July 2025 05:41 AM RAKBANK sees 26% higher profits in H1-25
Abu Dhabi – Mubasher: The National Bank of Ras Al Khaimah (RAKBANK) logged 26.10% year-on-year (YoY) higher net profits after tax at AED 1.37 billion in the first half (H1) of 2025, versus AED 1.08 billion. Net interest income declined to AED 1.52 …
Banking and Finance
Photo Archive
22 July 2025 05:16 AM Riyad Bank’s net profits hike 15% in H1-25; dividends announced
Riyadh – Mubasher: Riyad Bank registered net profits worth SAR 5.08 billion in the first half (H1) of 2025, an annual surge of 15.24% from SAR 4.41 billion. Earnings per share (EPS) amounted to SAR 1.61 as of 30 June 2025, up from SAR 1.42 in …
Board of Directors
Eyad Alkassar and Mahmoud Fouz,Founders of Qlub
21 July 2025 04:31 PM Qlub fuels global expansion plans via $30m funding co-led by e&
UAE – Mubasher: Qlub, the ultra-fast payment system in restaurants, has raised $30 million in a new funding round to fuel global expansion, according to a press release. The transaction was co-led by Shorooq Partners and Cherry Ventures, with …
Companies Investments
Photo Gallery
21 July 2025 04:15 PM Abu Dhabi Airports receives 15.8m passengers in H1-25
UAE – Mubasher: Abu Dhabi Airports witnessed double-digit passenger traffic growth for a 17th consecutive quarter, as well as strong flight movement and cargo growth in the first half (H1) of 2025. During the first six months (6M) of 2025, Abu …
Companies Investments
Photo Archive
21 July 2025 01:44 PM Middle East Glass Manufacturing to establish representative office in Dubai
Cairo – Mubasher: Middle East Glass Manufacturing Company has decided to open a representative office for its business in Dubai, according to a bourse disclosure. The board members agreed to appoint CEO Tawfik Youssef Tawfik Neama Laham as the …
Board of Directors