Riyadh – Mubasher: Etihad Etisalat Company (Mobily) and Ericsson have marked 20 years of collaboration in supporting connectivity for pilgrims during Hajj season, enhanced with expanded 5G capacity and AI-based capabilities this year. The …
Riyadh – Mubasher: Saudi Telecom Company (stc) Group provided pilgrims during this year’s Hajj season with a comprehensive suite of technical and digital infrastructure in the holy sites, according to a press release. The telecom operator aimed at …
Cairo – Mubasher: First Abu Dhabi Bank Misr (FABMISR), one of the largest banks operating in Egypt and a subsidiary of the UAE listed FAB, recently entered into a strategic partnership agreement with leading fintech company across the Middle East …
Riyadh – Mubasher: The giant Saudi Telecom Company (stc) group stated that it successfully delivered one of the world’s most demanding digital and operational performances on the Day of Arafah, which occurred on 26 May 2026. The Saudi telecom …
Riyadh – Mubasher: The board members of Al Rashid Industrial Company officially invited its shareholders to attend the extraordinary general meeting (EGM) on 17 June 2026 to vote on the primary agenda for the session that involves a capital …
Riyadh – Mubasher: Arabian Food & Dairy Factories Company (Fadeco) announced the commencement of its product exports to Iraq and Djibouti, according to a bourse disclosure. This strategic move marks a significant step in the company’s regional …
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) and Petroliam Nasional Berhad (Petronas) have signed an agreement for the transfer of Aramco’s equity stakes in Pengerang Refining Company Sdn. Bhd. and Pengerang Petrochemical Company Sdn. …
Abu Dhabi - Mubasher: Alef Education Holding has teamed up with TMRW Edtech to benefit the GCC and MENA region by redefining the future of schooling through advanced AI-driven innovation, according to a press release. The two education innovators …
Riyadh – Mubasher: Saudi-developed smart afforestation platform Netzero has teamed up with Aramex to deliver smart tree sustainability initiative, according to a press release. The partnership aims to plant trees across the Riyadh and Jeddah …
Riyadh – Mubasher: The Capital Market Authority (CMA) of Saudi Arabia has nodded for Al Rajhi Capital, a subsidiary of Al Rajhi Bank, to proceed with the public offering of the Al Rajhi GCC Equity Fund (Excluding KSA), according to an official …
Mubasher: The net profits of ADNOC Distribution and Americana Restaurants International joined forces to expand dining and convenience offerings across ADNOC Distribution service station locations in the UAE, Saudi Arabia, and Egypt. Under the …
Riyadh – Mubasher: SAB Invest, the investment arm of Saudi Awwal Bank (SAB), was announced as the first ETF market maker in the Kingdom, marking a new milestone in the Saudi capital market, according to a press release. The CEO of SAB Invest, Ali …
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) collaborated with Pasqal, a global leader in neutral-atom quantum computing, for the inauguration of the first quantum computer in Saudi Arabia. Aramco and Pasqal also unveiled the first …
Dubai - Mubasher: Al Ramz Corporation Investment and Development delivered solid financial results in the first quarter (Q1) of 2026, reflecting the group’s digital innovation that reinforces its position for sustained growth and long-term value …
Riyadh – Mubasher: Riyad Bank and Mastercard jointly launched an innovative Travel and Expense (T&E) Corporate Card program, marking the Saudi lender’s first corporate card offering in the Kingdom. The launch builds on the two entities’ ongoing …
Riyadh – Mubasher: Mohammed Hasan Al Naqool Sons Company has acquired 12 specialized heavy vehicles from the commercial and construction development company SANY Group at a value of approximately SAR 5.91 million, according to a bourse filing. The …
Riyadh – Mubasher: Sport Clubs Company announced, on 18 May 2026, the official opening of a new fitness facility in Dammam. The new center in An Nada District marks a strategic expansion of the company’s presence in the Eastern Province, operating …
Abu Dhabi – Mubasher: Dana Gas logged net profits totaling AED 270 million ($74 million) in the first quarter (Q1) of 2026, marking a 72% year-on-year (YoY) leap from AED 158 million ($43 million). The gross revenues jumped by 59% YoY to AED 531 …
Riyadh – Mubasher: Dar Al Arkan Real Estate Development Company plans to issue Sharia-compliant, USD-denominated, fixed-rate RegS senior unsecured Sukuk, according to a bourse filing. Dar Al Arkan has mandated Abu Dhabi Commercial Bank (ADCB), Abu …
Riyadh – Mubasher: The Saudi Exchange (Tadawul) has officially announced the approval of SAB Invest to act as the first designated market maker under the Exchange Traded Funds (ETF) Market Making Framework, which was launched earlier in 2026. This …
Abu Dhabi - Mubasher: The net income attributable to the shareholders of Abu Dhabi National Energy Company (TAQA) remained stable at AED 2.15 billion in the first quarter (Q1) of 2026. Total revenues hit AED 13.73 billion in Q1-26, compared to AED …
Abu Dhabi – Mubasher: International Holding Company (IHC) has concluded its participation at the Make it in the Emirates (MIITE) Forum 2026, securing partnership agreements totaling AED 40 billion. During the four-day event, the IHC Pavilion drew …
Mubasher: GFH Bank, formerly known as GFH Financial Group, reported net profits valued at $34.34 million in the first quarter (Q1) of 2026, up 11.90% year-on-year (YoY) from $30.69 million. The basic and diluted earnings per share (EPS) reached …
Riyadh - Mubasher: MENA-based digital freight network TruKKer secured an inaugural trade receivables securitization facility of up to $300 million arranged and funded by Abu Dhabi Commercial Bank (ADCB). The transaction, among the GCC’s first …
Dubai – Mubasher: National Central Cooling Company (Tabreed) generated 4% year-on-year (YoY) higher revenues at AED 485.70 million in the first quarter (Q1) of 2026, versus AED 465.55 million. Basic and diluted earnings per share attributable to …