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12 June 10:22 AM
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Egypt establishes company to produce 1m tonnes of phosphate annually

Cairo – Mubasher: Egypt’s Mineral Resources Authority (MRA), East Gas Company, and IMEX International have signed an agreement to establish a company that will increase the value of low-concentration phosphate ores. Minister of Petroleum and …
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GCC dominates Forbes Middle East’s 2024 top 100 listed companies list
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Elevate fuels expansion plans via $5m funding round
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Saudi Arabia, UAE, Egypt secure 92% of MENA’s VC funding in 2023 – Report
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Fitch maintains GFH's IDR rating at 'B'; outlook stable
Sunita Bottse, the CEO for Ooredoo's Mena Digital Hub
Ooredoo names Bottse as CEO of Mena Digital Hub
Kuwait Arab Global Commodities
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Egypt establishes company to produce 1m tonnes of phosphate annually Global Economy
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GCC dominates Forbes Middle East’s 2024 top 100 listed companies list Companies Investments
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Elevate fuels expansion plans via $5m funding round Companies Investments
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Saudi Arabia, UAE, Egypt secure 92% of MENA’s VC funding in 2023 – Report Macroeconomics
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Fitch maintains GFH's IDR rating at 'B'; outlook stable Ratings
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Sunita Bottse, the CEO for Ooredoo's Mena Digital Hub
Ooredoo names Bottse as CEO of Mena Digital Hub Global Economy
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Founders of qeen.ai
UAE’s qeen.ai raises $2.2m fundraising to anchor e-commerce in MENA Companies Investments
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Tumodo, Tabby to facilitate digital transformation of MENA’s travel market Companies Investments
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Vodafone Egypt to deploy Ericsson’s 1st triple-band radio tech Global Economy
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TAQA completes financing of Juranah ISWR-1 project co-led by 4 lenders Global Economy
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Mubasher Exclusive
Assem El-Bassal, the CEO of Mubasher Media
Winning Arab Media Award crowns Mubasher.info’s years of hard work – El-Bassal Global Economy
Ahmed El-Shamsy, the Editor-in-Chief of Mubasher Media
El-Shamsy highlights efforts behind choosing Mubasher.info as Best Economic Platform Event
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Riyadh Air’s Coste unveils plans until 2030, impact on Saudi employment ecosystem – Interview Global Economy
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Masdar to expand green hydrogen projects in Egypt’s SCZONE, Mediterranean coast Global Economy
Mostafa Abdelaziz, Managing Partner at Act Financial
Act Financial plans EGX listing in Q2-24 after decade of continuous work – Abdelaziz Companies Investments
Mohammed Al Ballaa, Chairman of Mubasher Financial Group
Highlights of Chairman Al Ballaa’s speech during AFCM 2024 Event
Mohammed Rashid Al Ballaa, Chairman of MubasherTrade Global
Mubasher aims at broadening investors base in Arab exchanges – Chairman Al Ballaa Event
Mohammed Rashid Al Ballaa, Chairman of MubasherTrade Global
Mubasher Global has the largest network, covers 3m investment tools – Chairman Al Ballaa Event
GTN expands commodities offering for digital investing in physical gold and silver
GTN expands commodities offering for digital investing in physical gold and silver Companies Investments
1st Investor competition
Mubasher Global announces prizes of 1st Investor contest in US market
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Islamic Finance
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Nasdaq Dubai lists 1st sustainability sukuk from Emirates Islamic Banking and Finance
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Saudi Arabia’s National Debt Management Center closes $5bn sukuk issuance Sukuk and Islamic Finance
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Emirates Islamic issues $750m sustainability sukuk Sukuk and Islamic Finance
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Saudi Arabia’s NDMC closes SAR 3.2bn sukuk issuance Banking and Finance
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Al Rajhi Bank concludes $1bn USD-denominated sukuk Banking and Finance
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Aldar Properties’ investment arm issues $500m green sukuk Sukuk and Islamic Finance
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Al Rajhi Bank to issue USD sukuk to Saudi, int’l investors Sukuk and Islamic Finance
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Moody’s upgrades ADIB’s BCA to 'baa3'; affirms long-term issuer ratings Sukuk and Islamic Finance
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DSI’s shareholders pass restructuring plan Sukuk and Islamic Finance
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Cenomi Centers concludes $100m sukuk private placement Sukuk and Islamic Finance
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Arab Markets
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Polynome to Launch $100m AI startups fund in UAE Companies Investments
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SODIC inks deal With Marriott International for two Egypt hotels Companies Investments
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CEO of Invest Bank resigns Banking and Finance
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CBE auctions T-bills, T-bonds on Wednesday Macroeconomics
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UAE Cabinet passes new housing decisions for citizens at AED 1.6bn Management Decisions
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Ithmaar Holding appoints new CEO Corporate Actions
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Saudi agencies launch process for Empty Quarter Port power plant Companies Investments
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GB Corp’s ITAMCO, Helwan Company partner to produce Qute vehicle Companies Investments
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TASI closes Tuesday’s session down; NomuC up Trading Activities
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EGX closes Tuesday’s trading session up Trading Activities
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International Markets
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