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30 September 2025 02:50 PM BECO Capital closes $370m dual-fund raise to back Gulf founders
Mubasher: BECO Capital has secured $370 million in two new funds, strengthening its capacity to back founders from pre-seed to initial public offering (IPO). Focusing on the UAE and Saudi Arabia, the company plans to expand its full-stack platform …
Banking and Finance
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30 September 2025 00:58 PM ADNOC Distribution relaunches Oasis brand with premium non-fuel offerings
Abu Dhabi - Mubasher: ADNOC Distribution has relaunched its Oasis convenience brand with a premium ‘On-the-Gourmet’ concept across 379 locations in the UAE, Egypt, and Saudi Arabia. The refreshed brand, known as Oasis by ADNOC, aims to elevate …
Global Economy
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30 September 2025 10:46 AM Sadq fuels regional expansion plans via $1m funding round
Riyadh - Mubasher: Saudi digital platform Sadq has secured an additional $1 million pre-series A funding round, led by Impact46, according to a press release. The funding will accelerate the company’s product development and security enhancements, …
Companies Investments
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29 September 2025 05:30 PM Biban Forum 2025 to kick off in Riyadh next November
Riyadh - Mubasher: Saudi Arabia is set to host Biban Forum 2025, the Kingdom’s flagship event for startups, small and medium enterprises (SMEs), and innovators. Organized by the Small and Medium Enterprises General Authority (Monsha’at), the event …
Event
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29 September 2025 04:23 PM UAE launches multi-billion housing projects
UAE - Mubasher: The UAE has launched several housing projects in 2025 to boost family stability and enhance living standards, according to the Emirates News Agency (WAM). The Sheikh Zayed housing program approved 2,971 housing applications at a …
Real estate
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29 September 2025 03:09 PM ONE Development enters Egyptian market to expand regional expansion
Cairo - Mubasher: UAE-based ONE Development has officially entered Egypt's real estate market with the launch of DO New Cairo, according to a press release. In partnership with global music icon Amr Diab, the flagship hospitality project’s …
Real estate
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29 September 2025 00:54 PM 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 and USD, as of 28 …
Banking and Finance
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28 September 2025 09:52 PM GCC’s tourism sector records $247.1bn in 2024
Mubasher: The value added by the travel and tourism sector to the gross domestic product (GDP) of the GCC nations increased by 31.90% to $247.10 billion in 2024, when compared to 2019. The sector’s contribution to the region’s GDP is expected to …
Global Economy
Najib Khan, Group Chief Business Services Officer at Ooredoo and Ahmed Al Mannai, CEO of Innovatix Systems
28 September 2025 09:18 PM Ooredoo promotes cybersecurity services in MENA to boost global footprint
Mubasher: National Mobile Telecommunications Company (Ooredoo), in partnership with Innovatix Systems, has launched advanced cybersecurity services to protect customers’ digital assets and ensure uninterrupted digital experiences. Live in Qatar, …
Global Economy
Al Baraka Bank-Egypt and ICIEC
20 July 2025 07:19 PM Al Baraka Bank-Egypt unveils $100m deals with ICIEC
Cairo – Mubasher: Al Baraka Bank-Egypt has signed two key agreements totaling $100 million with the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a member of the Islamic Development Bank (IsDB) Group. With each …
Banking and Finance
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28 September 2025 01:10 PM AngelAi launches in Saudi Arabia, eyes GCC expansion
Riyadh - Mubasher: AngelAi, the world’s first empathetic AI platform for financial services, has launched in Saudi Arabia, according to a press release. The platform provides the Saudi banks and investors with access to AI-powered growth anchored …
Companies Investments
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28 September 2025 00:40 PM RAK Properties establishes Mirasol phase II
Abu Dhabi - Mubasher: RAK Properties has launched the second phase of Mirasol, an expansive resort-style apartment community on Mina, according to a press release. The development scheme comprises 280 units across visually distinct and …
Real estate
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28 September 2025 10:51 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 and USD, as of 27 …
Trading Activities
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25 September 2025 08:42 PM Riyadh-based DOO closes $1.7m to expand in GCC region
Riyadh - Mubasher: AI-powered customer experience platform DOO has secured $1.70 million in a funding round led by Merak Capital, with participation from Plus VC and other regional investors. Through the fresh funding, DOO will accelerate product …
Global Economy
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25 September 2025 06:02 PM Taaleem Holdings secures AED 968m financing to support GCC expansion
Dubai - Mubasher: Taaleem Holdings has signed two strategic financing agreements with Emirates Islamic totaling AED 968 million to support its growth and expansion plans. The first agreement, valued at AED 730 million, will fund Taaleem Holdings' …
Companies Investments
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25 September 2025 04:30 PM DTC-led alliance unveils plans to expand e-hailing services in Dubai
Dubai - Mubasher: Dubai Taxi Company (DTC) and Bolt formed a strategic alliance with Kabi by Al Ghurair and Zed, the UAE’s homegrown ride-hailing app. The partnership aims to enhance the ride-hailing experience for residents and visitors by …
Companies Investments
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25 September 2025 03:46 PM MNT-Halan launches Egypt’s 1st secured digital lending solution
Cairo - Mubasher: MINT-Halan, MENA’s leading fintech platform, has launched Egypt’s first secured lending solution offered by a non-banking financial institution. The new service will enable customers to instantly access up to 80% of their …
Global Economy
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25 September 2025 02:25 PM 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 and USD, as of 24 …
Banking and Finance
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25 September 2025 01:17 PM Buttermilk launches Riyadh office to expand regional footprint
Riyadh - Mubasher: Buttermilk, a global creator agency, has launched its first office in Riyadh to expand its Middle East presence and support Saudi Arabia’s fast-growing creator economy. The new hub will be led by Marketing & PR Strategist …
Companies Investments
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25 September 2025 09:17 AM Aldar’s AIP raises $290m via green sukuk taps
Abu Dhabi - Mubasher: Aldar Investment Properties (AIP), a subsidiary of Aldar Properties, has raised $290 million through taps on its green sukuks maturing in 2034 and 2035. The offering was 2.8x oversubscribed, drawing $830 million in orders, …
Sukuk and Islamic Finance
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25 September 2025 08:51 AM PayPal commits $100m to advance digital commerce in MEA
Mubasher: US-based PayPal Holdings plans to invest $100 million across the Middle East and Africa (MEA) to drive innovation, support entrepreneurs, and promote growth in digital commerce. The investment will be deployed through a mix of minority …
Global Economy
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25 September 2025 08:43 AM Space42 to launch UAE’s 1st sovereign mobility cloud
Dubai - Mubasher: Space42 is developing the UAE’s first Sovereign Mobility Cloud, powered by Core42’s Public Cloud on Microsoft Azure. The platform will speed up autonomous mobility deployment while keeping data secure and UAE-compliant, according …
Companies Investments
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16 July 2025 03:33 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 …
Companies Investments
Zelo
15 July 2025 07:02 PM IHC rebrands eFunder as Zelo upon acquisition; platform targets $250bn SME credit gap in MENA
Abu Dhabi – Mubasher: Global investment firm International Holding Company (IHC) has completed the acquisition of eFunder and unveiled its rebranding as Zelo to scale the platform’s impact and growing access to capital for the region’s most …
Companies Investments
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24 September 2025 08:42 PM ADNOC Distribution to pay $350m cash dividends for H1-25
Abu Dhabi – Mubasher: ADNOC Distribution has announced an interim dividend of $350 million (AED 1.28 billion) for the first half (H1) of 2025, equivalent to 10.28 fils per share. This aligns with the group’s commitment to delivering sustainable …
Cash Dividends