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22 October 2025 11:48 AM Sumou Real Estate inks SAR 135m infrastructure agreement
Riyadh - Mubasher: Sumou Real Estate Company signed an infrastructure contract with Diyar Real Estate Development Fund Company, representing a real estate fund managed by Sedco Capital, on 19 October. The agreement aims to develop and execute …
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22 October 2025 11:29 AM Mobily logs 18% growth in 9M-25 net profits; sales exceed SAR 14.4bn
Riyadh - Mubasher: The net profits of Etihad Etisalat Company (Mobily) reached SAR 2.51 billion in the first nine months (9M) of 2025, higher by 18.14% than SAR 2.12 billion in 9M-24. The sales amounted to SAR 14.45 billion during the …
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22 October 2025 11:19 AM SMC Healthcare to operate 1st outpatient clinic center in Riyadh
Riyadh - Mubasher: Specialized Medical Company (SMC Healthcare) plans to launch its first outpatient clinic center in Al Malqa district in the northwestern region of Riyadh. The new center is set to begin operations in the first quarter (Q1) of …
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22 October 2025 11:07 AM Prices of investment funds including certificates in EGP, USD
Cairo – Mubasher: Based on updated data, Mubasher is featuring mutual funds, along with their relevant prices as of the latest closing. Below, you can find the names of the Investment Funds, as well as the prices of each certificate in EGP and …
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22 October 2025 08:54 AM ANB records 7% higher profits at SAR 3.9bn in 9M-25
Riyadh – Mubasher: Arab National Bank (ANB)logged net profits valued at SAR 3.97 billion in the first nine months (9M) of 2025, an annual rise of 7% from SAR 3.71 billion, according to the financial results. Earnings per share (EPS) went up to SAR …
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22 October 2025 08:28 AM FAB delivers strong earnings in 9M-25; operating income crosses AED 27.6bn
Abu Dhabi – Mubasher: First Abu Dhabi Bank (FAB) announced 24% year-on-year (YoY) higher net profits at AED 16.01 billion in the first nine months (9M) of 2025, compared to AED 12.86 billion. Basic earnings per share (EPS) increased by 26% to AED …
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22 October 2025 08:06 AM Eastern Company’s gross sales hit EGP 106.6bn in FY24/25; dividends proposed
Cairo – Mubasher: The net profits after tax of Eastern Company hit EGP 9.71 billion in fiscal year (FY) 2024/2025, up 6% year-on-year (YoY) from EGP 9.18 billion. The gross revenues increased by 65% YoY to EGP 106.64 billion as of 30 June 2025, …
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21 October 2025 05:02 PM NBF, Finesse Global cooperate to drive AI-focused financing in UAE
Abu Dhabi - Mubasher: National Bank of Fujairah (NBF) has signed a memorandum of understanding (MOU) with AI-centric digital transformation firm Finesse Global to provide dedicated system integrator financing solutions. Finesse will secure …
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21 October 2025 04:38 PM ANB’s TeleMoney partners with Mastercard to boost cross-border payments in Saudi Arabia
Riyadh - Mubasher: Arab National Bank’s (ANB) money transfer service, TeleMoney, has entered a strategic partnership with Mastercard to enhance global payment solutions. Through Mastercard Move, TeleMoney users can send money to over 160 …
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21 October 2025 04:23 PM MoneyHash, Tabby to expand BNPL access for merchants across MEA
Mubasher: MoneyHash joined forces with Tabby, the Saudi Arabia–headquartered financial services app, to reinforce digital transformation and financial inclusion initiatives across the MEA region. The partnerships will offer merchants seamless …
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21 October 2025 03:04 PM Emirates Driving completes acquisition of 22.5% stake in Mwasalat Holding
Abu Dhabi - Mubasher: Emirates Driving Company, a subsidiary of Multiply Group, has acquired a 22.50% stake in Mwasalat Holding, with an option to increase its share to 50.60%, according to a press release. The move expands Emirates Driving’s …
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21 October 2025 02:19 PM Money Fellows logs $1.5bn transactions
Cairo – Mubasher: Money Fellows registered a total transaction value exceeding $1.50 billion since its launch, backed by over $60 million in funding from local and international investors. The platform crossed 8 million users, with more than 2 …
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21 October 2025 01:56 PM Aldar Estates, PARKONIC launch AI-powered parking JV
Abu Dhabi – Mubasher: Aldar Estates, part of Aldar Properties, and PARKONIC launched a joint venture (JV) to deliver AI-driven parking solutions across its communities and retail destinations in Abu Dhabi and Al Ain. The partnership combines Aldar …
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21 October 2025 01:01 PM CMA greenlights Tharawat Tuwaiq, AlKhair Capital’s merger
Riyadh - Mubasher: The board members of the Capital Market Authority (CMA) approved the merger of Tharawat Tuwaiq Financial Company and  AlKhair Capital Saudi Arabia Company. The CMA granted its approval on 20 October 2025, according to a bourse …
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21 October 2025 00:49 PM Lulu Retail expands Saudi presence with new hypermarket in Riyadh
Mubasher: Lulu Retail Holdings has opened a new 63,995-square-foot hypermarket in Tuwaiq, Riyadh, as part of its 2025 expansion strategy. The new branch offers fresh produce, groceries, electronics, fashion, home essentials, and ready-to-eat …
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21 October 2025 00:42 PM Yamama Cement hits SAR 299m in 9M-25
Riyadh - Mubasher: Yamama Cement Company posted net profits valued at SAR 298.95 million during the first nine months (9M) of 2025, up 0.45% from SAR 297.58 million in 9M-24. Revenues amounted to SAR 1.02 billion in 9M-25, signaling a 27.48% …
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21 October 2025 00:30 PM UAE-based Qashio acquires Sanad Cash to achieve global ambitions
Mubasher: UAE’s leading corporate spend management platform Qashio acquired Sanad Cash, one of Saudi Arabia’s first and most established expense management solutions. This move aligns with the company’s plans to expand its growth into the Kingdom …
Qalaa Holdings stock maintains gains for the 2nd week in row
21 October 2025 00:27 PM Qalaa Holdings stock maintains gains for the 2nd week in row
Cairo – Mubasher: Qalaa Holdings’ stock has maintained a clear upward trend over the past period, trading above its two-year 200-day moving average. This reflects the continued buying power despite the sharp corrections, according to Mubasher …
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21 October 2025 11:41 AM Prices of investment funds including certificates in EGP, USD
Cairo – Mubasher: Based on updated data, Mubasher is featuring mutual funds, along with their relevant prices as of the latest closing. Below, you can find the names of the Investment Funds, as well as the prices of each certificate in EGP and …
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21 October 2025 10:06 AM FRA rejects Sagasse’s MTO to acquire Elsewedy Electric
Mubasher: The Financial Regulatory Authority (FRA) has rejected the mandatory tender offer (MTO) submitted by Sagasse Investment Company to fully acquire Elsewedy Electric Company. Sagasse intended to offer EGP 65 per share in cash or via share …
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21 October 2025 09:05 AM Bank Aljazira’s net profits cross SAR 1.1bn in 9M-25
Riyadh – Mubasher: The net profits of Bank Aljazira hiked by 20.24% year-on-year (YoY) to SAR 1.14 billion in the first nine months (9M) of 2025 from SAR 950.70 million. Earnings per share (EPS) went up to SAR 0.79 in 9M-25 from SAR 0.66 in 9M-24, …
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21 October 2025 08:41 AM Alinma Bank’s net profits surpass SAR 4.6bn in 9M-25
Riyadh – Mubasher: Alinma Bank reported net profits of SAR 4.67 billion for the first nine months (9M) of 2025, representing an 8.61% growth from SAR 4.30 billion in 9M-24, according to the financial results. Earnings per share (EPS) increased to …
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21 October 2025 08:13 AM NBQ’s net profits jump 14% in 9M-25 supported by higher operating income
Abu Dhabi – Mubasher: National Bank of Umm Al Qaiwain (NBQ) recorded 14% year-on-year (YoY) higher net profits at AED 464.50 million in the first nine months (9M) of 2025, compared to AED 399.92 million. Basic and diluted earnings per share (EPS) …
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20 October 2025 04:56 PM Al Rajhi Bank’s assets hike 17.5% in 9M-25; profits exceed SAR 6.3bn in Q3
Riyadh - Mubasher: Al Rajhi Bank registered net profits amounting to SAR 18.41 billion in the first nine months (9M) of 2025, up 29.64% year-on-year (YoY) from SAR 14.20 billion. The assets grew by 17.35% to SAR 1.05 trillion in 9M-25 from SAR …
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20 October 2025 04:30 PM Ayyan Investment’s revenues leap 1,260% in Q3-25
Riyadh – Mubasher: Ayyan Investment Company turned into profitability at SAR 468.43 million in the first nine months (9M) of 2025, against net losses of SAR 138.81 million in 9M-24. Revenues hiked by 546.30% year-on-year (YoY) to SAR 125.64 …