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18 April 12:05 PM
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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
4,211.54 0.62% 26.03
Volume 56,027,535 Turnover 126,717,398 No. of Trades: 2,535
11 Down 6 Flat 20 Up
No. of Traded Stocks : 37
Last Update: 11:50 AM
ADI
8,379.48 -0.18% -15.35
Volume 107,868,457 Turnover 309,866,604 No. of Trades: 5,154
24 Down 17 Flat 22 Up
No. of Traded Stocks : 63
Last Update: 11:50 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 Companies Investments
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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 Event
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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 Global Economy
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 Companies Investments
YOÜGotaGift and OneCard at Seamless Saudi Arabia
OneCard enters strategic partnership with YOÜGotaGift for regional expansion at Seamless Saudi Arabia Event
Abdullah Albruaidi, Business Development Manager of n.go,
n.go unveils expansion plans in Saudi Arabia, Egypt at Seamless Global Economy
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Islamic Finance
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Moody’s upgrades ADIB’s BCA to 'baa3'; affirms long-term issuer ratings Sukuk and Islamic Finance
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DSI’s shareholders pass restructuring plan General Assembly
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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 Banking and 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 Companies Investments
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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 Banking and Finance
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SNB plans to offer USD-denominated Sukuk to local, int’l investors Sukuk and Islamic Finance
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Arab Markets
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Thimar creates new subsidiary to expand business Companies Investments
Egypt's Prime Minister, Mostafa Madbouly
Egypt announces Sinai Liberation Day paid holiday for public sector Event
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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 Global Economy
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Alkhabeer Capital unveils nearly SAR 92.5m annual dividends for fund after H2-23 payout Cash Dividends
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eXtra’s subsidiary to offer 30% of capital for Tadawul’s subscription General Assembly
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Edarat Communication’s EGM approves 100% new capital hike General Assembly
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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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International Markets
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