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22 February 08:36 PM

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02:30 PM Lumi boosts regional mobility network with new branch in Qassim
Riyadh - Mubasher: Lumi Rental Company has opened its new branch in Qassim to reinforce its regional expansion strategy and respond to rising demand for mobility services in the central Northern region. The launch aims to enhance convenience and …
Companies Investments
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02:04 PM Emirates NBD expands precious metals offering with branded silver bars
Dubai - Mubasher: Emirates NBD has launched Emirates NBD-branded silver bars, expanding its precious metals portfolio for retail and high-net-worth investors seeking secure access to physical silver. The bars are available in denominations of 100 …
Banking and Finance
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01:22 PM GCC-focused Euro Systems launches business in Saudi Arabia
Riyadh - Mubasher: Euro Systems, a leading provider of innovative architectural solutions across the GCC region, has launched its first showroom in Saudi Arabia. This step marks the company's entry into the Kingdom’s rapidly evolving architectural …
Companies Investments
Easy Cash
12:29 PM Easy Cash’s transactions cross EGP 1bn in 2025; GCC expansion plans unveiled
Mubasher: Easy Cash served over 15,000 active merchants and more than 500,000 end users, processing transactions exceeding EGP 1 billion in 2025, according to a press release.  Murad El Ashry, the CEO of Easy Cash, noted that the platform aims …
Banking and Finance
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11:25 AM Mubadala Energy takes over 15% stake in Egypt’s Nargis offshore concession
Mubasher: Mubadala Energy has acquired a 15% participating interest in Egypt’s Nargis offshore area concession from Eni, according to a press release. Following the transaction, Eni now holds a 30% contractor interest in the concession through its …
Companies Investments
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10:49 AM Prices of investment funds including certificates in EGP, USD
Cairo – Mubasher: According to 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 for …
Global Economy
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05:23 AM Emirates Driving Company announces intent to acquire a majority stake in performise labs
Abu Dhabi – Mubasher: Emirates Driving Company, a subsidiary of 2PointZero Group, has announced its intention to acquire a 51% majority stake in AI solutions firm Performise Labs, according to a bourse disclosure. Subject to regulatory approvals …
Companies Investments
MAIR Group
04:52 AM MAIR Group expands in UAE with 1st entry into Dubai market
Abu Dhabi – Mubasher: MAIR Group has launched Makani Al Mizhar community center in Dubai, alongside the opening of an advanced ADCOOP retail store within the center, according to a bourse filing. This opening marks MAIR Group’s first entry into …
Companies Investments
Emirates Telecommunications Group Company (e&)
04:40 AM e& announces updated shareholding in global entity Vodafone
Abu Dhabi – Mubasher: Emirates Telecommunications Group Company (e&) unveiled that its shareholding in the multinational global entity Vodafone Group plc has reached 17.0050%, according to a bourse disclosure. e& noted that the updated …
Companies Investments
Lulu Retail Holdings
04:23 AM Region’s retailer Lulu expands in GCC, targets broader expansion in 2026
Abu Dhabi – Mubasher: Lulu Retail Holdings has inaugurated a new LuLu Express store in the Hessah Al Mubarak District in Kuwait. Being the largest pan-GCC full-line retailer, with presence in Egypt and other countries, Lulu also unveiled plans of …
Global Economy
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04:04 AM Aldar issues $1bn notes to Apollo in region’s largest corporate hybrid private placement transaction
Abu Dhabi – Mubasher: Aldar Properties has issued $1 billion worth of subordinated hybrid notes to Apollo Global Management through a private placement, building on the transformational growth initiatives of the real estate developer, according to …
Global Economy
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19 February 03:04 PM Abu Dhabi-based Origen secures $50m to scale AI solutions
UAE - Mubasher: Origen, an Abu Dhabi-based AI tech firm, has raised $50 million in a strategic investment from Bluefive Capital, according to a press release. The funding will be used to scale the company's efforts to design, deploy, and scale AI …
Companies Investments
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19 February 02:18 PM PIF-owned HUMAIN invests $3bn in Musk’s xAI
Riyadh - Mubasher: HUMAIN, a Public Investment Fund (PIF) company, invested $3 billion in Elon Musk’s xAI as a part of its Series E round prior to its acquisition by SpaceX, according to a press release. Following the transaction, the PIF-based …
Companies Investments
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19 February 01:12 PM Modon Holding sustains growth momentum in 2025 with AED 13.8bn revenues
Abu Dhabi - Mubasher: Modon Holding registered lower net profits after tax at AED 3.92 billion in 2025, compared with AED 9.38 billion a year earlier. The basic and diluted earnings per share (EPS) stood at AED 0.25 last year, versus AED 0.63 in …
Financial Results
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19 February 11:44 AM Prices of investment funds including certificates in EGP, USD
Cairo – Mubasher: According to 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 for …
Mutual Funds
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19 February 11:08 AM Maersk acquires majority stake in DP World's Jeddah terminal
Mubasher: DP World has partnered with APM Terminals, a subsidiary of A.P. Moller-Maersk, to acquire the Southern Container Terminal of Jeddah Islamic Port. APM Terminals will acquire a 37.50% stake in the terminal, while DP World will take over a …
Mergers and Acquisitions
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18 February 07:52 PM Emirates Driving’s board proposes rebranding, AI firm acquisition
Abu Dhabi - Mubasher: The board members of Emirates Driving Company recommended changing its trade name to Emirates Mobility Company. On 18 February 2026, the board also proposed acquiring a 51% stake in Performise Labs FZ-LLC, a Dubai-based AI …
Mergers and Acquisitions
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18 February 06:38 PM SHL Finance extends SAR 200m facility agreement with Emirates NBD
Riyadh - Mubasher: SHL Finance Company renewed, on 18 February 2026, a Sharia-compliant credit facility agreement worth SAR 200 million with Emirates NBD for a five-year term. The financing is secured by a promissory note and receivables provided …
Banking and Finance
PIF
18 February 04:46 PM Saudi PIF cuts US equity holdings to $12.9bn
Riyadh - Mubasher: The Saudi Public Investment Fund (PIF) reduced the value of its US-listed equity holdings to $12.95 billion at the end of the fourth quarter (Q4) of 2025, compared to $19.37 billion in Q3-25. The value of the fund's holdings in …
Global Economy
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18 February 04:22 PM Aldar unveils landmark development project in Dubai following AED 5bn villa sellout
Abu Dhabi - Mubasher: Aldar Properties has launched The Wilds Residences, a new phase of its landmark nature-driven community, The Wilds, in Dubai, featuring six mid-rise apartment buildings. The launch follows the AED 5 billion sellout of villas …
Companies Investments
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18 February 02:54 PM Prices of investment funds including certificates in EGP, USD
Cairo – Mubasher: According to 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 for …
Mutual Funds
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18 February 01:23 PM Sharjah Cement posts higher profits at AED 106m in 2025
Abu Dhabi – Mubasher: Sharjah Cement and Industrial Development Company recorded higher net profits at AED 105.89 million in 2025, compared to AED 31.71 million at the end of December 2024. The earnings per share (EPS) increased to AED 0.17 last …
Financial Results
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18 February 01:12 PM Al Ramz Corporation logs AED 48m profits in 2025
Dubai - Mubasher: Al Ramz Corporation Investment and Development announced exceptional performance for 2025, reporting a net profit of AED 48.20 million, representing an annual growth of 202%. The strong performance reflects the group’s strategic …
Financial Results
Saudi flyadeal receives 1st new aircraft of 2026
18 February 01:00 PM Saudi flyadeal receives 1st new aircraft of 2026
Riyadh - Mubasher: Saudi Arabia’s fast-growing low-cost airline flyadeal has received its first new aircraft of 2026, an Airbus A320neo, increasing its fleet to 45 all-narrowbody passenger jets. The delivery marks the airline’s 34th A320neo, …
Global Economy
Talabat Holding
16 February 06:37 PM MENA-focused delivery platform Talabat records $4.6bn revenue since inception; board proposes 2025 dividends
Dubai – Mubasher: Talabat Holding has announced its pro forma financial results for the three-month and full-year period ended 31 December 2025, which reflected continued growth momentum despite a dynamic operating environment, with resilient …
Global Economy