KSA
Mubasher TV
 Contact Us Advertising   العربية
KSA
TDWL Closed
07 April 06:20 AM

North africa news

Photo Archive
29 April 2025 05:02 PM Delta Sugar’s net profits jump to EGP 315m in Q1-25
Cairo – Mubasher: Delta Sugar logged net profits after tax valued at EGP 315 million in the first quarter (Q1) of 2025, higher by 45% than EGP 216.75 million a year earlier. Basic earnings per share (EPS) stood at EGP 1.91 as of 31 March 2025, up …
Financial Results
Photo Archive
29 April 2025 04:27 PM TMG Holding expects $17bn sales from development project in Iraq
Cairo – Mubasher: Talaat Moustafa Group Holding Company (TMG Holding) unveiled plans with the National Investment Commission (NIC) of Iraq to establish a new sustainable mixed-use project, according to a bourse disclosure. The project, which will …
Real estate
Photo Archive
29 April 2025 10:50 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 the funds …
Banking and Finance
Photo Archive
29 April 2025 09:36 AM SODIC’s net profits leap 143% in Q1-25; revenues cross EGP 2.7bn
Cairo – Mubasher: Six of October Development and Investment (SODIC) registered 143% higher consolidated net profits after tax at EGP 953.31 million in the first quarter (Q1) of 2025. The generated net profits were compared to EGP 392.05 million in …
Real estate
Photo Archive
28 April 2025 01:44 PM Prices of investment funds in EGP
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, an updated …
Companies Investments
Photo Gallery
28 April 2025 11:26 AM iMENA raises $135m pre-IPO investment
Riyadh - Mubasher: iMENA Group, a regional leader in digital platforms in the MENA region, has raised $135 million from Sanabil Investments, a wholly owned company of the Public Investment Fund (PIF). The capital raise is comprised of a private …
Global Economy
Photo Archive
28 April 2025 10:13 AM CBE unveils EGP 68bn debt instruments
Cairo – Mubasher: The Central Bank of Egypt (CBE) offered treasury bills (T-bills) at a combined value of EGP 65 billion through two auctions on Monday, 28 April. The first offering stood at EGP 30 billion and will mature in 91 days on 29 July …
Treasury Bills
Photo Gallery
28 April 2025 08:58 AM Hub71 records $2.1bn in startup funding during 2024
UAE – Mubasher: Abu Dhabi's global tech ecosystem Hub71 startups recorded $2.17 billion (AED 8.02 billion) in funding during 2024, an annual hike of 44.70% from $1.50 billion (AED 5.40 billion). This performance highlights strong investor …
Companies Investments
Photo Archive
27 April 2025 09:58 AM CBE offers EGP 83bn debt instruments on Sunday
Cairo – Mubasher: The Central Bank of Egypt (CBE) auctioned treasury bills (T-bills) at an aggregated value of EGP 75 billion through two tranches on Sunday, 27 April. The first offering was valued at EGP 30 billion, holding a 182-day tenor until …
Treasury Bills
Photo Gallery
27 April 2025 08:19 AM Hushday to launch Middle East’s 1st premium flash sales platform
UAE - Mubasher: Dubai-based Hushday, the region’s first premium flash sales platform, has raised over AED 2 million ($550,000) in pre-seed funding from regional tech investors. The startup aims to develop a new channel for luxury and premium …
Global Economy
Photo Gallery
24 April 2025 06:39 PM Platformance launches regional hub in Cairo
Cairo – Mubasher: Platformance, a growth technology platform, has officially opened its new office in Egypt, expanding its investment in the MENA region, according to a press release. Located in Cairo, the new office aligns with the company’s …
Companies Investments
Photo Gallery
24 April 2025 02:05 PM Ottu teams up with HyperPay to boost digital payments in MENA
Mubasher: Ottu partnered with HyperPay, a leading digital payment solutions provider, to transform the digital payments landscape across the MENA region. The mutual collaboration agreement (MCA) will secure a range of strategic benefits to …
Global Economy
Photo Archive
24 April 2025 10:14 AM EBank to raise capital by EGP 3.7bn
Cairo – Mubasher: The board of Export Development Bank of Egypt (EBank) passed a capital hike to EGP 13.60 billion from EGP 9.89 billion, according to a bourse disclosure. The lender will increase its issued and paid-up capital by EGP 3.70 billion …
Management Decisions
Photo Archive
23 April 2025 06:52 PM Global group Hilton pens 2 development deals in Egypt
Mubasher: Global hotels and resorts group Hilton signed two new properties in Cairo’s New Administrative Capital (NAC) in partnership with Panax Company, part of Selim Holding Group, according to a press release. Expected to open in 2028, Hilton …
Global Economy
Photo Gallery
23 April 2025 06:13 PM PayPal expands in MEA with new Dubai office
UAE - Mubasher: PayPal launched a new regional hub in Dubai, which serves as the company’s first-ever location in the Middle East and Africa (MEA) region. The Dubai Internet City office anchors PayPal’s commitment to enabling millions more …
Companies Investments
Photo Gallery
23 April 2025 05:08 PM Intelcia opens regional office in Egypt
Cairo – Mubasher: Intelcia, a global leader in outsourcing services, has officially inaugurated its new regional headquarters in Egypt, according to a press release. Located in Ivory Business Park in Sheikh Zayed City, the new office is part of …
Global Economy
23 April 2025 04:36 PM Tesla jumps, Wall St would rise after Trump statement
Global Markets brief
Photo Archive
23 April 2025 00:02 PM 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 the funds …
Global Economy
Photo Archive
23 April 2025 09:57 AM Premium Healthcare unveils capital hike to EGP 2.3bn
Cairo – Mubasher: The ordinary general meeting (OGM) of Premium Healthcare Group approved increasing the issued and paid-up capital from EGP 81.48 million to EGP 2.36 billion. The group will raise its capital by EGP 2.28 billion, distributed over …
Companies Investments
Photo Gallery
23 April 2025 09:30 AM Dubai-based startup Arabic.AI launches MENA’s 1st agentic AI platform
UAE – Mubasher: Tarjama’s Arabic.AI platform has launched MENA's first agentic AI platform specifically engineered for the Arabic language, according to a press release. Founded in the UAE in 2008 by Nour Al Hassan, Tarjama has been committed to …
Global Economy
Photo Gallery
22 April 2025 07:57 PM 7awi enhances regional presence via new appointment for Saudi Arabia
Mubasher: Dubai-based 7awi Media Group has named Amjad Fakhoury as the new Country Head for its operations in Saudi Arabia to lead the company’s strategic expansion, according to a press release. The new appointment of Fakhoury aims to drive …
Corporate Actions
Photo Gallery
22 April 2025 04:47 PM Tanmeyah, Aman Holding to roll out new channels to enhance digital payments
Cairo – Mubasher: Aman Holding, the business line of Raya Holding for Financial Investments, and Tanmeyah, a unit of EFG Holding, signed a deal to offer new digital channels that allow customers to receive their financing and pay their …
Banking and Finance
Mapei Group
22 April 2025 03:54 PM Italian group Mapei opens production facility in Egypt
Cairo – Mubasher: The Mapei Group for the production of chemical products for the building industry has strengthened its industrial presence in North Africa with the opening of a new production plant in Egypt. The new facility is located in the …
Global Economy
Photo Archive
22 April 2025 10:31 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 the funds …
Mutual Funds
Photo Gallery
21 April 2025 11:32 AM Egyptian Swiss Group to invest $10m to expand production
Cairo – Mubasher:  The Egyptian Swiss Group for Pasta, Milling, and Concentrates plans to invest $10 million in expansion projects to boost production capacity to meet rising demand locally and globally. Egypt’s Prime Minister Mostafa Madbouly …
Companies Investments