Mubasher: MubasherTrade Global seeks to increase the number of investors in the Arab stock markets, Chairman Mohammed Rashid Al Ballaa said at the third Arab Federation of Capital Markets (AFCM) Annual Conference. The number of traders in the Arab …
Mubasher: Mubasher Global has the largest network that connects the markets across the globe through its company Global Trading Network (GTN), Chairman of MubasherTrade Global, Mohammed Rashid Al Ballaa, stated during the third Arab Federation of …
Dubai – Mubasher: BHM Capital Financial Services has launched the Fixed Income Division to enhance its position in local as well as regional financial markets, according to a press release. With more than 75 years of collective experience, the …
UAE – Mubasher: UAE-based e-commerce startup WEE has raised a pre-Series A round valued at $10 million from SIG Investment, according to a press release. The latest investment propels WEE's valuation to $40 million, which will help the platform …
UAE – Mubasher: Dubai-based logistics startup Shorages has raised a pre-series A round valued at $1 million following its successful launch in Saudi Arabia, according to a press release. Led by Joa Capital as part of their S3 Ventures Fund, the …
Mubasher: Bahrain-based alternative asset manager Investcorp partnered with China Investment Corporation (CIC) to launch Investcorp Golden Horizon, with a target size of $1 billion. The platform aims to invest in high-growth companies across …
Cairo – Mubasher: Egypt-based fintech Bokra has closed a $4.60 million pre-Seed round led by DisrupTech Ventures and SS Capital, according to a press release. The fintech will use the funding to reshape wealth management in the MENA region by …
UAE – Mubasher: The UAE has signed a memorandum of understanding (MoU) with Iraq, Qatar, and Türkiye for cooperation on the Development Road project. The project seeks to create a sustainable economy bridging East and West, increase international …
UAE – Mubasher: Spinneys 1961 Holding set the price range for its initial public offering (IPO) on the Dubai Financial Market (DFM) between AED 1.42 and AED 1.53 per Share. The IPO will imply a market cap at the time of listing of between nearly …
Cairo – Mubasher: The Egyptian government is in talks with the UAE’s Emirate of Fujairah and Brooge Petroleum and Gas Investment Company (BPGIC) to sign a preliminary agreement for building a free zone for production, storage, and trade of oil and …
Riyadh – Mubasher: The Public Investment Fund (PIF) inked a sale and purchase agreement (SPA) with Saudi Telecom Company (stc), on 21 April 2024, for a stake acquisition in TAWAL. The Saudi fund unveiled plans to own 51% shareholding in TAWAL, …
Riyadh – Mubasher: ACWA Power Company teamed up with the International Renewable Energy Agency (IRENA) to back the global transition to renewable energy sources, according to a press release. The agreement with IRENA aligns with ACWA Power's …
UAE – Mubasher: The second edition of the Green Hydrogen Summit will take place in the UAE capital on 16 April 2024, as part of the World Future Energy Summit (WFES), and it will be hosted by Abu Dhabi Future Energy Company (Masdar) under the …
Abu Dhabi – Mubasher: E7 Group penned multiple new contracts to provide security solutions and commercial printing services across the MEA region. The agreements align with the group’s strategy to boost global expansion and profitable growth, …
Cairo – Mubasher: Cleopatra Hospitals Group (CHG), has entered into a strategic partnership with Mumtada Medical Care Company, the healthcare arm of Saudi Arabia’s Fawaz Abdulaziz Al-Hokair Company (Cenomi Retail), to launch 200-bed rehabilitation …
Mubasher: areeba, a leader in payment solutions and processing services, announced the successful certification of its in-house-developed switch by Mastercard, according to a press release. The two parties join forces to provide world-class …
UAE – Mubasher: UAE-based fintech Fortis has closed a Series A funding round valued at $20 million from Opportunity Venture, according to a press release. Fortis, a retail tech and fintech solutions provider tailored for SMEs, will use the …
Cairo – Mubasher: The Potcast Productions Company, and Egyptian podcast production firm, has concluded an early financing round in the second season of the Shark Tank program under the guidance of businesswoman Dina Ghabbour, according to a press …
Riyadh – Mubasher: Penny Software has completed its Pre-Series A funding round, securing investment from Iliad Partners, joined by GSI and US-based Knollwood Investments. The transaction was also led by Dallah Investment, Hambro Perks Oryx Fund, …
UAE – Mubasher: Dubai International (DXB) has topped the 2023 list of top 10 busiest airports worldwide. The latest achievement marks DXB’s tenth year of leading the list, which is put by the Airports Council International (ACI), according to a …
UAE – Mubasher: The inaugural edition of the Global AI Show and the Global Blockchain Show is kicking off on 16 and 17 April 2024 at the Grand Hyatt, Dubai. Organised by VAP Group, the Global AI Show hosts international and regional thought …
UAE – Mubasher: Ducab Group, a UAE-based manufacturing firm, has revealed a strategic plan to expand into 20 new markets. The plan will bring the company’s operations to 75 countries across the Middle East, Africa, Asia, Australasia, Europe, and …
Mubasher: GFH Financial Group announced plans to acquire the financing and investment portfolios of Ithmaar Holding, according to a bourse disclosure. GFH highlighted that discussions are in progress to finalise the transaction structure, which is …
Mubasher: The Saudi crude oil production surged by 20,000 barrels per day (bpd) to hit 9.03 million bpd in March 2024 compared with 9.01 million bpd in February, according to the latest OPEC report. The average crude oil production by Saudi Arabia …
UAE – Mubasher: Global aerospace engineering and leasing solutions leader Sanad, which is wholly owned by Abu Dhabi’s sovereign investor Mubadala Investment Company, has renewed a five-year contract with Asiana Airlines, the second largest airline …
