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18 April 11:05 AM
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Fortis raises $20m Series A round to boost fintech in MENA

UAE – Mubasher: UAE-based fintech Fortis has closed a Series A funding round valued at $20 million from Opportunity Venture, according to a press release. Fortis, a retail tech and fintech solutions provider tailored for SMEs, will use the …
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Egypt’s Potcast Productions mulls regional expansion after early financing round
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Masdar, EGA team up to foster aluminium decarbonisation
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Arada awards AED 615m contracts for Masaar development project
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Saudi Penny Software eyes global expansion via funding round
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Web3 provider U-topia secures funding round from GDA Capital
UAE Arab Global Commodities
DFMGI ADI
DFMGI
4,212.52 0.65% 27.01
Volume 39,216,491 Turnover 92,310,807 No. of Trades: 1,447
9 Down 6 Flat 21 Up
No. of Traded Stocks : 36
Last Update: 10:50 AM
ADI
8,379.48 -0.18% -15.35
Volume 39,227,351 Turnover 169,663,452 No. of Trades: 2,511
14 Down 11 Flat 29 Up
No. of Traded Stocks : 54
Last Update: 10:50 AM
Latest News
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Fortis raises $20m Series A round to boost fintech in MENA Global Economy
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Egypt’s Potcast Productions mulls regional expansion after early financing round Global Economy
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Masdar, EGA team up to foster aluminium decarbonisation Companies Investments
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Arada awards AED 615m contracts for Masaar development project Real estate
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Saudi Penny Software eyes global expansion via funding round Global Economy
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UAE stock markets show negative performance on Wednesday Trading Activities
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Web3 provider U-topia secures funding round from GDA Capital Companies Investments
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Medad Holding, Templeton International to deploy new UAE-based yieldcoin assets Companies Investments
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Takaful to pay 30% of capital as cash dividends Cash Dividends
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Beltone’s unit, UAE-based Citadel International back startups via $30m fund Companies Investments
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Mubasher Exclusive
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Arab stock markets show varied performance in Ramadan 2024 Trading Activities
GTN expands commodities offering for digital investing in physical gold and silver
GTN expands commodities offering for digital investing in physical gold and silver Companies Investments
1st Investor competition
Mubasher Global announces prizes of 1st Investor contest in US market
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Top quotes by Saudi ministers, officials from energy giants at FII7; regional leaders give remarks Global Economy
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Get to know world leaders' quotes on FII7 Day 1; Saudi Arabia's role praised Event
Abdulaziz Al Dahmash, the Managing Director and CEO of Network International KSA
Network eyes SAMA’s nod to for regional expansion – Al Dahmash in interview at Seamless Central Banks
Ahmed Fahmy, CEO of OneCard
OneCard plans to expand in over 22 countries – CEO in interview at Seamless Companies Investments
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OneCard partners with Tadawul-listed Alinma Bank at Seamless Saudi Arabia Global Economy
YOÜGotaGift and OneCard at Seamless Saudi Arabia
OneCard enters strategic partnership with YOÜGotaGift for regional expansion at Seamless Saudi Arabia Companies Investments
Abdullah Albruaidi, Business Development Manager of n.go,
n.go unveils expansion plans in Saudi Arabia, Egypt at Seamless Event
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Islamic Finance
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Moody’s upgrades ADIB’s BCA to 'baa3'; affirms long-term issuer ratings Banking and Finance
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DSI’s shareholders pass restructuring plan Sukuk and Islamic Finance
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Cenomi Centers concludes $100m sukuk private placement Sukuk and Islamic Finance
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Al Rajhi Bank issues $1bn sustainable sukuk Sukuk and Islamic Finance
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Al Rajhi Bank to issue USD-denominated sukuk Sukuk and Islamic Finance
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Cenomi Centers completes $500m sukuk issuance Sukuk and Islamic Finance
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Cenomi Centers to offer USD-denominated Sukuk Sukuk and Islamic Finance
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Saudi German Hospital concludes SAR 1bn Sukuk offering Sukuk and Islamic Finance
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SNB completes offering $850m USD-denominated Sukuk Sukuk and Islamic Finance
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SNB plans to offer USD-denominated Sukuk to local, int’l investors Banking and Finance
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Arab Markets
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Fortis raises $20m Series A round to boost fintech in MENA Companies Investments
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Egypt’s Potcast Productions mulls regional expansion after early financing round Companies Investments
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Alkhabeer Capital unveils nearly SAR 92.5m annual dividends for fund after H2-23 payout Mutual Funds
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eXtra’s subsidiary to offer 30% of capital for Tadawul’s subscription Corporate Actions
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Edarat Communication’s EGM approves 100% new capital hike Corporate Actions
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Masdar, EGA team up to foster aluminium decarbonisation Companies Investments
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Tadawul closes Wednesday’s session mixed Trading Activities
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EGX’s indices close Wednesday in green zone Trading Activities
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National Building renews SAR 85m loan deal with Alinma Bank Banking and Finance
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Arada awards AED 615m contracts for Masaar development project Companies Investments
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International Markets
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