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27 May 2025 08:42 PM DIB seals $150m financing agreement with Turkey’s telecom provider Turkcell
Dubai – Mubasher: Dubai Islamic Bank (DIB) penned a $150 million Murabaha financing deal with Turkcell, Turkey’s leading telecommunications and technology services provider. The five-year bullet-term facility will boost Turkcell’s investments in …
Banking and Finance
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27 May 2025 11:32 AM Prices of investment funds including certificates in EGP, USD
Cairo – Mubasher: Based on 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 the …
Trading Activities
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27 May 2025 10:15 AM Aspen boosts regional expansion via HQ in Riyadh
Riyadh – Mubasher: Aspen Pharmacare Holdings Limited, a global speciality and branded multinational pharmaceutical company, launches a new regional headquarters (HQ) in Riyadh, according to a press release. The Saudi expansion followed a series of …
Global Economy
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27 May 2025 09:58 AM ADNOC Drilling secures $1.1bn contract award for 2 jack-up rigs
Abu Dhabi – Mubasher: ADNOC Drilling Company announced a contract award valued at $1.15 billion for two jack-up rigs by ADNOC Offshore, according to a press release. The 15-year deal aligns with the company’s expansion plans to grow its offshore …
Companies Investments
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10 February 2025 00:01 AM Ericsson features 5G-powered robot at LEAP 2025 to enhance industrial automation
Riyadh – Mubasher: Ericsson has showcased a 5G-enabled robotic dog under the name Rocky as part of the company’s technology demonstrations at LEAP 2025, according to a press release. The 5G-enabled feature highlights how robotics, combined with …
Event
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9 February 2025 07:34 PM Saudi Arabia represents 50% of region’s digital economy – Al Swaha at LEAP 2025
Riyadh – Mubasher: Saudi Arabia represents 50% of the region’s digital economy, which hiked by 73% to reach $260 billion, Abdullah Al Swaha, Saudi Minister of Communications and Information Technology, said. Al Swaha’s remarks came on the …
Global Economy
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9 February 2025 07:05 PM Google launches AI-powered digital hub at LEAP 2025
Riyadh - Mubasher: Google has launched an AI-based digital hub to meet regional and global demands on the sidelines of the LEAP 2025 conference, which is being held at the Riyadh Exhibition and Convention Center. American multinational corporation …
Companies Investments
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9 February 2025 06:41 PM Regional, global firms unveil $14.8bn tech investments at LEAP 2025
Riyadh - Mubasher: Saudi and international companies announced tech investments at a combined value of $14.85 billion on the first day of the LEAP 2025 conference, which is taking place during 9-12 February. Aramco Digital, a subsidiary of Saudi …
Event
Saudi Telecom Company
9 February 2025 06:21 PM stc partakes as Strategic Partner at LEAP 2025 to boost digital transformation worldwide
Riyadh – Mubasher: Saudi Telecom Company (stc) is joining the LEAP 2025 leading event as a strategic, founding partner to showcase an expansive suite of innovative solutions driving digital transformation across key industries, according to a …
Companies Investments
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9 February 2025 00:09 PM Global tech event LEAP 2025 kicks off in Saudi Arabia
Riyadh – Mubasher: The fourth edition of the LEAP 2025 Tech Conference kicked off on Sunday, 9 February, at the Riyadh Exhibition and Convention Center in Malham under the theme ‘Into New Worlds’. Held by the Ministry of Communications and …
Event
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26 May 2025 11:42 AM Prices of investment funds including certificates in EGP, USD
Cairo – Mubasher: Based on 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 the …
Mutual Funds
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26 May 2025 08:25 AM Dubai Land Department launches MENA’s 1st tokenized real estate project
UAE – Mubahser: Dubai Land Department (DLD) has launched the region’s first tokenized real estate investment project through the Prypco Mint platform, according to a press release. The initiative is being implemented in partnership with Prypco, …
Real estate
Founders of Gainz
25 May 2025 07:32 PM Gainz secures funding round to back regional expansion plans
UAE - Mubasher: Dubai-based fintech Gainz has closed a 7-figure pre-seed round in USD, structured as a mix of equity and debt, according to a press release. The round was led by Antler MENAP, Lithium Holdings, and Eleventh Invest Inc., with …
Global Economy
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25 May 2025 07:05 PM viAct fuels MENA’s expansion via $7.3m funding round
Mubasher: Hong Kong-based AI company viAct has raised $7.30 million in a Series A round led by Ireland’s VentureWave Capital, with participation from Singtel Innov8 and Korean Investment Partners. The company plans to expand its business globally …
Companies Investments
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25 May 2025 05:16 PM DTC expands partnership via 6,000 Taxis on Bolt platform
Dubai – Mubasher: Dubai Taxi Company’s (DTC) partner Bolt added more than 6,000 DTC taxis, supporting the company’s commitment to enhancing ease and convenience for customers. The expansion came amid a rapid increase in demand for taxis, as …
Companies Investments
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25 May 2025 11:16 AM ADNOC suppliers commit AED 3bn investments to boost UAE’s manufacturing
UAE – Mubasher: ADNOC’s its partners across its supply chain committed AED 3 billion ($817 million) as investments in manufacturing facilities across the UAE, according to a press release. The facilities are located across the Industrial City of …
Companies Investments
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25 May 2025 11:03 AM Prices of investment funds including certificates in EGP, USD
Cairo – Mubasher: Based on 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 the …
Mutual Funds
Capital Markets Forum Riyadh 2025
6 February 2025 04:26 PM Riyadh to host 5th Capital Markets Forum under Powering Connections theme
Riyadh – Mubasher: Saudi Tadawul Group has announced its flagship event Capital Markets Forum (CMF) which will take place for three days in Riyadh under the theme ‘Powering Connections’, according to a press release. The event will be held under …
Companies Investments
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22 May 2025 09:45 PM DMCC witnesses 13% rise in Singaporean companies
UAE - Mubasher: Dubai Multi Commodities Centre (DMCC) recorded a 13% growth in companies from Singapore joining its international business district in the past 12 months. The announcement was made during DMCC’s first-ever roadshow on the ground in …
Companies Investments
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22 May 2025 09:06 PM Bybit becomes 1st crypto exchange to enable global stock trading with USDT
UAE - Mubasher: Bybit, a Dubai-based cryptocurrency exchange, has launched direct trading of top global stocks with USDT, according to a press release. This comes as a part of its expanding Gold & Forex (MT5) product suite, as Bybit became the …
Companies Investments
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22 May 2025 07:52 PM MubasherTrade sets Bonyan’s FV at EGP 7.9/shr
Cairo - Mubasher: MubasherTrade Research has determined the fair value (FFV) of Bonyan for Development and Trade Company’s stock at EGP 7.94 per share, with a medium-risk buy recommendation. Mubasher Research evaluated the company's stock using …
Trading Activities
First Abu Dhabi Bank (FAB)
22 May 2025 07:30 PM FAB becomes 1st in MENA to adopt Oracle-Mastercard solution for B2B payments
Abu Dhabi – Mubasher: First Abu Dhabi Bank (FAB) is currently the first bank in the MENA region to pilot an innovative embedded finance and payments solution developed by both Oracle and Mastercard, according to an official statement. The …
Banking and Finance
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22 May 2025 04:08 PM Cisco unveils collaboration with Saudi enterprise to boost global AI infrastructure
Riyadh – Mubasher: Global leader in networking and security Cisco recently announced a groundbreaking initiative with new AI enterprise HUMAIN in Saudi Arabia to help build the world’s most open, scalable, resilient and cost-efficient AI …
Global Economy
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22 May 2025 09:30 AM GTN and Galt & Taggart join forces: unlocking global investment for Georgia
UAE- Mubasher: GTN, a global fintech redefining trading and investing for all, today announced a partnership with Galt & Taggart, a leading investment bank in Georgia, to significantly enhance the online investment experience for their clients. …
Global Economy
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22 May 2025 07:59 AM Zoho, areeba pen $5m partnership deal at Seamless Dubai 2025
UAE – Mubasher: Zoho and areeba signed a partnership agreement at Seamless Dubai 2025  to accelerate the digital transformation of businesses across the region, according to a press release. Under the joint deal, Zoho will invest up to $5 million …
Companies Investments