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Management Decisions

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22 October 04:00 AM Sidpec’s shareholders approve capital hike to EGP 2.2bn
Cairo - Mubasher: The shareholders of Sidi Kerir Petrochemicals Company (Sidpec) greenlighted a capital increase to EGP 2.26 billion from EGP 1.81 billion.The EGP 453.60 million raise will be executed through the issuance of 226.80 million new shares
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16 October 04:00 AM MENA-focused Talabat’s CEO steps down; Gyssels appointed
Dubai – Mubasher: MENA-focused Talabat Holding announced the resignation of its CEO Tomaso Rodriguez, as part of a planned leadership transition, according to a press release.Rodriguez, who held the position for six years, will continue supporting th
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16 October 04:00 AM CMA greenlights Tihama Advertising’s capital cut
Riyadh – Mubasher: The Capital Market Authority (CMA) approved the request of Tihama Advertising and Public Relations Company to reduce its capital to SAR 229.21 million from SAR 400 million.Following the transaction, the number of shares will declin
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14 October 04:00 AM Mawarid Manpower announces new key appointments
Riyadh – Mubasher: Mawarid Manpower Company appointed new Chairman and Vice Chairman for a new term that commenced on 11 October 2025 and ending on 10 October 2028.Ahmed Mohammed Al Rukban was announced as a new Chairman, while Abdullah Ibrahim Al Om
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13 October 04:00 AM Macro Group’s shareholders greenlight EGP 570m capital increase
Cairo - Mubasher: The extraordinary general meeting (EGM) of Macro Group approved increasing the issued capital by EGP 570.20 million to EGP 684.24 million from EGP 114.04 millionThe transaction will be financed in cash through a rights issue, issuin
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8 October 04:00 AM CMA approves capital increase for Munawla Cargo, Tadweer
Riyadh - Mubasher: The Capital Market Authority (CMA) approved Munawla Cargo Company’s plan to raise its capital to SAR 30 million from SAR 20 million by issuing one bonus share for every two shares owned.The increase, funded by transferring SAR 10 m
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5 October 04:00 AM Salama Cooperative, Bawan announce new leadership appointments
Riyadh - Mubasher: Salama Cooperative Insurance Company appointed Montaser Mohammed Foudah as the board’s Chairman for four years.Fahad Talal Kurdi was named as the Vice Chairman until 10 September 2029, according to a bourse filing.Meanwhile, Bawan
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1 October 04:00 AM Al Bargan leads Southern Province Cement’s business as new CEO
Riyadh - Mubasher: The board of Southern Province Cement Company assigned Saud bin Safar Al Bargan as the company’s CEO until further notice, starting from 1 October 2025.Al Bargan has over 25 years of experience in the field of work, 15 of which hav
Tamer El Mahdi, Managing Director and CEO of Telecom Egypt
1 October 04:00 AM Telecom Egypt names El-Mahdi as new Managing Director, CEO
Cairo - Mubasher: Telecom Egypt has appointed Tamer El Mahdi as its new Managing Director and CEO, according to a press release.El Mahdi succeeded Mohamed Nasr, who stepped down from his executive role and board membership.As part of his new role, th
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29 September 02:13 PM Marble Design unveils 15% capital raise via bonus shares
Riyadh - Mubasher: The board of Marble Design Factory Company greenlighted increasing its capital to SAR 75 million from SAR 60 million on 28 September. The 25% capital hike will be executed by capitalizing SAR 15 million from the retained …
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28 September 07:35 PM CIB’s shareholders approve EGP 3bn capital increase
Cairo - Mubasher: The shareholders of Commercial International Bank Egypt (CIB) have approved increasing the bank’s issued and paid-in capital to EGP 33.77 billion from EGP 30.70 billion. The EGP 3.07 billion hike will be executed through the …