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19 April 09:56 AM Hassan Allam to expand wastewater projects in MENA region via acquisition deal
Cairo - Mubasher: Hassan Allam has agreed to acquire MetiPro, the engineering, procurement, and construction arm of the Metito Group, to advance water and wastewater projects in the region. The transaction aligns with the group’s objectives to …
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19 April 09:44 AM Dar Global secures $250m facility from Emirates NBD to back global expansions
Dubai - Mubasher: Emirates NBD has executed a $250 million syndicated term loan for London-listed luxury international real estate developer Dar Global, according to a press release. Dar Global, which is majority owned by Dar Al Arkan Real Estate …
DNI's General Assembly Meeting
19 April 09:35 AM DNI to disburse 15% cash dividends following strong profitability in 2025
Dubai – Mubasher: The annual general assembly meeting of Dubai National Insurance (DNI) has approved a 15% cash dividend to shareholders, amounting to AED 17.32 million, for 2025. Vice Chairman Sultan Ahmad Al Habtoor affirmed that the group …
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16 April 08:21 AM Alpha Dhabi disburses AED 2bn cash dividends for 2025
Abu Dhabi – Mubasher: Alpha Dhabi Holding announced a cash dividend of 20 fils per share, equivalent to a total of AED 2 billion, for 2025, according to a press release. The approved dividends reflect the group’s robust financial performance, …
Deira Stormwater Project
16 April 08:17 AM Dubai Municipality completes 36% of Deira stormwater project at AED 500m
UAE - Mubasher: Dubai Municipality has completed 36% of the Deira stormwater project at a cost of AED 500 million, according to Emirates News Agency (WAM). The project, on track for completion by the end of 2027, serves 13 vital areas spanning …
PIF
16 April 08:11 AM PIF’s board approves 2026-2030 strategy to maximize returns, attract global investments
Riyadh - Mubasher: The board of the Saudi Public Investment Fund (PIF) approved the 2026-2030 strategy, which focuses on delivering competitive domestic ecosystems to connect sectors and unlock the full potential of strategic assets. The outlined …
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16 April 08:05 AM Amaal collaborates with CITIC Middle East Contracting for AED 1.8bn development project
UAE - Mubasher: Emirati-founded real estate developer Amaal has appointed CITIC Middle East Contracting LLC as the main contractor for Mansory Residences in Dubai, valued at AED 1.80 billion, according to a press release. Backed by its China-based …
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15 April 02:55 PM Naseej for Technology pens AED 23m contract with e&’s unit
Riyadh - Mubasher: Naseej for Technology Company has signed a contract with e& Enterprise Cloud - Sole Proprietorship L.L.C., a subsidiary of Emirates Telecommunications Group Company (e&). The agreement, sealed on 14 April 2026, aims to provide …
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15 April 01:53 PM Saudi Energy, Kraken to expand in MENA via JV
Riyadh - Mubasher: Saudi Energy Company has finalized agreements with Kraken Technologies Limited to establish a joint venture (JV) headquartered in Riyadh, according to the Saudi Press Agency (SPA). Under the partnership agreement, Saudi Energy …
Bain Capital
15 April 01:15 PM Bain Capital opens ADGM office to drive Middle East expansion
UAE - Mubasher: Bain Capital has launched a new office in Abu Dhabi Global Market (ADGM) to strengthen investor partnerships, support portfolio expansion, and lay the groundwork for future regional investments. The Abu Dhabi office will act as a …
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15 April 11:28 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 and the price of each certificate in EGP, except for Azimut …
Shuaa Capital
15 April 10:30 AM Shuaa Capital, Gate Capital to launch 1st Saudi fuel retail fund
Dubai – Mubasher: Shuaa Capital Saudi Arabia, a fully owned subsidiary of Shuaa Capital, has signed a memorandum of understanding (MoU) with Gate Capital Financial Services to co-launch the first Saudi fuel retail investment fund. The strategic …
Aramco Digital
15 April 09:47 AM Cumulocity, Aramco Digital partner to accelerate industrial digitalization in GCC region
Riyadh – Mubasher: Cumulocity, a global leader in industrial AIoT, has joined forces with Aramco Digital, a tech subsidiary of Saudi Aramco, to expand the deployment of its enterprise-grade platform across the GCC region. Under the signed …
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14 April 07:36 PM ADIB expands retail network with new next-generation branch at Dubai Hills Mall
Abu Dhabi - Mubasher: Abu Dhabi Islamic Bank (ADIB) has expanded its retail footprint in Dubai after opening a new next-generation universal branch at Dubai Hills Mall. This expansion brings the lender's UAE branch network to 62 branches, …
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14 April 06:59 PM Emirates NBD, Sobha Realty launch home financing for Dubai off-plan projects
Dubai - Mubasher: Emirates NBD has entered a strategic partnership with Sobha Realty to provide integrated home financing solutions for buyers of Sobha’s off-plan residential developments across Dubai. The DFM-listed lender will offer tailored …
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14 April 06:23 PM Homegrown Ventures closes nearly $23m debut fund to back MENA CPG startups
UAE - Mubasher: Homegrown Ventures has closed its debut Fund I at $22.80 million, which exceeded its initial $20 million target, according to a press release. The venture capital (VC) firm will focus on early-stage consumer packaged goods (CPG) …
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14 April 05:38 PM Atradius launches in UAE to boost MENA trade credit services
UAE - Mubasher: Atradius, a global leader in trade credit insurance and risk management, has expanded its business in the Dubai International Financial Centre (DIFC) in line with its growth strategy in the Middle East, according to a press …
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14 April 03:05 PM Dubai Properties awards AED 1.1bn contract for Villanova project
UAE - Mubasher: Dubai Properties, a member of Dubai Holding Real Estate, has awarded contracts worth nearly AED 1.10 billion to Metac General Contracting Company. The new award aims to construct 850 townhouses at the Villanova development in …
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14 April 11:12 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 and the price of each certificate in EGP, except for Azimut …
Parkin
14 April 10:18 AM Parkin taps Binghatti to expand portfolio across Dubai
Dubai - Mubasher: Parkin Company entered into a multi-year agreement with Binghatti Holding Limited to operate approximately 1,200 spaces across selected developments in the Jumeriah Village Circle, Al Jaddaf, and Business Bay areas. The …
GFH
1 April 06:51 PM Region-focused GFH changes commercial name to GFH Bank
Mubasher: Cross-listed GFH Financial Group has transformed its commercial name to GFH Bank B.S.C., in a strategic move reflecting a fundamental change in its business model while reinforcing the clarity of its identity as an integrated banking and …
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1 April 04:22 PM GCC equity market index falls in March, while Middle East turmoil rattles global markets – Report
Mubasher: The GCC equity market index witnessed a relatively smaller decline of 2.6% in March 2026, contrary to the sharp decline in global markets, according to a recent report by Kamco Invest. The performance in the Gulf capital market was led …
Jazeera Airways
1 April 03:17 PM Jazeera Airways adds new routes starting mid-April
Mubasher: Jazeera Airways will restart twice-weekly services from Kuwait to Egypt and Georgia as of 15 April 2026, according to a press release. The new routes to Tbilisi, Sharm El-Sheikh, and Hurghada will be operated through Saudi Arbia at King …
Reme-D
13 April 05:18 PM Egypt’s biotech startup Reme-D to expand in Middle East via GIF-led funding
Cairo – Mubasher: Egyptian biotech startup Reme-D has secured a $500,000 investment from the Global Innovation Fund (GIF) to scale its molecular diagnostics solutions across Africa and the Middle East. The new funding will support the company’s …
Sharjah Islamic Bank
13 April 04:17 PM Sharjah Islamic Bank’s profits exceeds AED 380.5m in Q1-26 interim results
Abu Dhabi – Mubasher: Sharjah Islamic Bank logged AED 380.66 million in net profit after tax during the first quarter (Q1) of 2026, an annual rise of 19.40% from AED 318.93 million. The basic and diluted earnings per share (EPS) increased to AED …