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5 January 06:55 PM Egypt’s edtch Business For Teens closes funding round to expand in GCC
Cairo - Mubasher: Egypt-based edtech Business For Teens has closed a six-figure pre-seed funding round led by a group of angel investors, according to a press release. The investment will be used to expand operations across Egypt and the Gulf …
Companies Investments
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5 January 02:19 PM DSI backs MENA footprint via EUR 17m project award in Egypt
Dubai - Mubasher: Passavant Energy & Environment GmbH (PE&E), a subsidiary of Drake & Scull International (DSI), has secured a EUR 17 million (AED 73 million) sub-contract for the rehabilitation of the Tanta wastewater treatment plant in Egypt. …
Companies Investments
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5 January 01:22 PM Valu secures final approval from Central Bank of Jordan to boost regional expansion
Cairo - Mubasher: U Consumer Finance (Valu) has obtained the final approval from the Central Bank of Jordan (CBJ) to launch its services in the Kingdom under a specialized financing license, enabling the company to offer flexible consumer …
Companies Investments
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5 January 12:17 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 …
Global Economy
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5 January 11:29 AM GFH Partners, Gaw Capital to launch logistics platform in UAE
Mubasher: GFH Partners, a subsidiary of GFH Financial Group, joined forces with Gaw Capital Partners to establish a UAE-focused industrial and logistics platform, according to a press release. Under the partnership, Gaw Capital will hold a …
Companies Investments
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5 January 10:38 AM Dana Gas accelerates drilling program in Egypt via $50m
Abu Dhabi – Mubasher: Dana Gas has secured $50 million (AED 184 million) from the Egyptian Government to support its drilling program, according to a press release. Since its consolidation agreement with the Egyptian Government began in December …
Companies Investments
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4 January 04:42 PM Go Green fuels global expansion via $9m framework export agreement
Cairo - Mubasher: Go Green Company for Agricultural Investment and Development has signed a $9 million framework agreement with Cargill Incorporated, a global agribusiness group. The agreement covers the export and supply of jojoba seeds and …
Global Economy
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4 January 12:18 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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4 January 11:27 AM Dubai Duty Free’s total sales hike to AED 8.6bn in 2025
UAE – Mubasher: Dubai Duty Free achieved total sales amounting to AED 8.68 billion ($2.37 billion) in 2025, marking a 9.85% year-on-year (YoY) increase, according to a press release. In December, the sales reached AED 922.77 million ($252.81 …
Macroeconomics
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4 January 10:40 AM ADNOC Drilling closes acquisition of SLB's land rigs business in Kuwait, Oman
Abu Dhabi – Mubasher: ADH RSC LTD, a wholly owned subsidiary of ADNOC Drilling Company, has completed the acquisition of a 70% stake in SLDC Holdings RCS Limited, according to a bourse filing. SLDC Holdings is a joint venture (JV) established with …
Mergers and Acquisitions
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20 November 2025 01:57 PM Aramco inks agreements worth over $30bn with US-based companies
Riyadh - Mubasher: Saudi Arabian Oil Company (Aramco), through its Aramco Group Companies has signed 17 memoranda of understanding (MoUs) and agreements at an estimated total value exceeding $30 billion with major companies in the US, according to …
Global Economy
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17 November 2025 11:56 AM Seamless Saudi Arabia 2025 launches in Riyadh
Riyadh – Mubasher: Seamless Saudi Arabia 2025, the Kingdom's leading event for payments and digital commerce, kicked off in Riyadh during 17-19 November. The event will focus on digital commerce, fintech, and payments, featuring more than 400 …
Global Economy
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1 January 09:44 PM Remarks during Al Zeyoudi visit pinpoint UAE as Egypt's leading trade partner in GCC; non-oil trade hits $8.4bn
Mubasher: The non-oil trade between the UAE and Egypt reached approximately $8.40 billion in 2024, reflecting a 21% growth rate compared to 2023. This trade relationship underscores the importance of the UAE as Egypt's leading trade partner in the …
Global Economy
Waha Capital
1 January 09:14 PM Waha Capital joins region’s 1st dedicated income-focused benchmark equity gauge
Abu Dhabi – Mubasher: Waha Capital has been included in the recently launched FTSE ADX Dividend Stars Index, the first dedicated income-focused benchmark equity gauge across the region, according to a press release.  Launched in December 2025 by …
Companies Investments
Tariq Nazzal, CEO of Royal Development Holding
1 January 07:09 PM Emirates Stallions names Nazzal as CEO of property development subsidiary
Abu Dhabi – Mubasher: Emirates Stallions Group has appointed Tariq Nazzal as the CEO of its real estate vertical Royal Development Holding, a premier UAE-based real estate development firm, according to a press release. The appointment followed …
Corporate Actions
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16 November 2025 01:03 PM Prices of investment funds including certificates in EGP, USD – Update, New funds added
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 …
Banking and Finance
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31 December 2025 01:31 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 …
Global Economy
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30 December 2025 04:46 PM Asas Makeen rolls out SAR 300m construction deal
Riyadh - Mubasher: Asas Makeen Real Estate Development and Investment Company and Hayat Construction Contracting Company inked a SAR 300 million deal to carry out construction work on several of the company's projects in Riyadh. Spanning 65,000 …
Companies Investments
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30 December 2025 03:49 PM du, Huawei to deploy UAE’s 1st multi-band indoor 5G solution
Dubai – Mubasher: Emirates Integrated Telecommunications Company (du) entered into a partnership with Huawei to deploy the UAE's first customized multi-band Indoor Base Station (IBS) solution. This advanced technology marks a significant milestone …
Companies Investments
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30 December 2025 00:31 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 …
Global Economy
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30 December 2025 00:29 PM TAQA secures AED 3.6bn for Al Dhafra power plant
Abu Dhabi – Mubasher Abu Dhabi National Energy Company (TAQA) and Emirates Water and Electricity Company (EWEC) announced the financial closing of the AED 3.60 billion Al Dhafra Power Plant. The 1 GW plant will provide power to data center …
Banking and Finance
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29 December 2025 05:37 PM Jazeera Airways boosts regional aviation via MoU with Amman City Airport
Mubasher: Kuwait’s leading low-cost carrier Jazeera Airways has signed a strategic memorandum of understanding (MoU) with Amman City Airport to foster its regional aviation, according to a press release. Upon the partnership, Jazeera Airways is …
Global Economy
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29 December 2025 03:55 PM Bank of Palestine granted license from ADGM to expand globally
Mubasher: Bank of Palestine has received an in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of ADGM to conduct regulated activities in or from ADGM. The lender will accept deposits and arrange deals in …
Global Economy
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29 December 2025 11:31 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 …
Banking and Finance
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29 December 2025 10:47 AM Sudatel Telecom turns profitable in 9M-25; revenues hit $328m
Abu Dhabi – Mubasher: Sudatel Telecom Group shifted to net profits after tax amounting to $71.08 million in the first nine months (9M) of 2025, compared to net losses of $19.88 million in 9M-24. The basic and diluted earnings per share (EPS) hit …
Financial Results