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17 May 08:47 AM
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Saudi fintech Stitch closes $25m funding round to fuel regional expansion plans

Riyadh – Mubasher: Saudi fintech Stitch has secured $25 million in Series A funding led by the US-based VC Andreessen Horowitz (a16z), marking its first investment in the GCC region. The transaction brings Stitch’s total funding to $35 million, …
RAK Ceramics
RAK Ceramics delivers resilient performance in Q1-26 backed by strong regional footprint
ADES Holding
ADES Holding delivers strong performance during Q1-26 despite operational suspensions in GCC
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Shuaa Capital, Key Capital partner to boost to MENA’s VC secondaries market
Aramco
Aramco enters 2026 with exceptional operational performance; dividends announced
flynas
Flynas registers 20% lower profits in Q1-26 amid regional flight disruption
Bahrain Arab Global Commodities
BHBX
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Last Update: 14 May 01:00 PM
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Saudi fintech Stitch closes $25m funding round to fuel regional expansion plans Banking and Finance
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RAK Ceramics
RAK Ceramics delivers resilient performance in Q1-26 backed by strong regional footprint Global Economy
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ADES Holding
ADES Holding delivers strong performance during Q1-26 despite operational suspensions in GCC Global Economy
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Shuaa Capital, Key Capital partner to boost to MENA’s VC secondaries market Company News
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flynas
Flynas registers 20% lower profits in Q1-26 amid regional flight disruption Company News
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Luberef
Luberef sees 16.5% higher profits in Q1-26 supported by GCC expansion Global Economy
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ADNOC Drilling
ADNOC Drilling delivers strongest Q1 performance on back of largest fleet size in MENA Global Economy
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Aramco
Aramco enters 2026 with exceptional operational performance; dividends announced Financial Results
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MENA’s 1st digital private wealth platform Vault launches in Saudi Arabia Banking and Finance
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Mastercard
Mastercard introduces SME program to bolster MENA economic stability; listed entities partake Company News
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Mubasher Exclusive
MSFT is testing pivotal resistance level after rebounding – Analysis
MSFT is testing pivotal resistance level after rebounding – Analysis Global Economy
NBE's branch inauguration in Riyadh
NBE eyes further expansion in Gulf countries — Elsafty Companies Investments
Saudi Arabia plays central role in region's economic growth — NBE’s Deputy CEO
Saudi Arabia plays central role in region's economic growth — NBE’s Deputy CEO Banking and Finance
Yehia Aboulfotouh, Deputy Chairman of NBE
NBE among 1st banking institutions to open branch in KSA — Aboulfotouh Banking and Finance
Cross-listed Orascom Construction stock retests important resistance – Analysis
Cross-listed Orascom Construction stock retests important resistance – Analysis Real estate
What could be next target for Gold after hitting new historical peak?
What could be next target for Gold after hitting new historical peak? Global Economy
Platinum is experiencing correction after hitting new historic peak – Analysis
Platinum is experiencing correction after hitting new historic peak – Analysis Global Economy
Cross-listed Orascom Construction is testing significant support level – Analysis
Cross-listed Orascom Construction is testing significant support level – Analysis Real estate
Fahad Alnaeem, the CEO of the Saudi Industrial Development Fund (SIDF) Investment Company
SIDF plans to increase number of factories in Saudi Arabia – CEO Alnaeem at Biban Companies Investments
Yousif Al Nefaiei, Deputy Chief Executive at Benefit
BenefitPay’s transactions to exceed BHD 30bn by 2025-end – Al Nefaiei at FF25 Companies Investments
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Islamic Finance
Dubai Islamic Bank (DIB)
DIB begins 2026 with 13% revenue growth; customer deposits surge to AED 322bn – Update Sukuk and Islamic Finance
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Al Modawat launches SAR 20m Sukuk offering Banking and Finance
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Alinma Bank plans to issue SAR-denominated Sukuk Company News
Islamic Arab Insurance Company (Salama)
Salama strengthens capital base after AED 456m restructuring program Corporate Actions
Dar Al Arkan Real Estate Development Company
Moody's affirms Dar Al Arkan ratings, ‘Stable’ outlook Ratings
Mashreq Bank bond listing on Nasdaq Dubai 2026
Nasdaq Dubai lists Mashreq Bank’s capital securities; orderbook hits $2.1bn Bonds
Arab Energy Fund listing on Nasdaq Dubai
Arab Energy Fund lists $500m Sukuk on Nasdaq Dubai; order book surpasses $1.6bn Global Economy
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stc concludes $2bn Sukuk offering Sukuk and Islamic Finance
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Riyad Bank, Al Rajhi Bank, stc intend to offer dollar-denominated issuance Companies Investments
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MESC obtains SAR 150m facility from Alinma Bank Companies Investments
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Arab Markets
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Saudi fintech Stitch closes $25m funding round to fuel regional expansion plans Company News
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Saudi Printing turns profitable at over SAR 7m in Q1-26, unveils accumulated losses Financial Results
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Bawan Company records over SAR 1bn revenue in Q1-26 on back of oil, gas sector Financial Results
Almunajem Foods Company
Almunajem Foods witnesses annual jump in Q1-26 net profit Financial Results
EMSTEEL
EMSTEEL’s net profits 246% in Q1-26; revenues hit AED 2.1bn Financial Results
e-finance
e-finance records 42% higher net profits in Q1-26; consolidated revenues cross EGP 2.2bn Financial Results
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QNB Egypt, GlobalCorp pen EGP 3bn credit facility to boost real estate financing Banking and Finance
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SASCO’s revenues jump to SAR 3bn in Q1-26 Financial Results
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Orascom Construction’s consolidated backlog hits $9.3bn in Q1-26 Company News
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Najran Cement’s net profits shrink to SAR 6m in Q1-26 Financial Results
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International Markets
Tesla jumps, Wall St would rise after Trump statement
S&P 500, Nasdaq rises; Dow falls before Good Friday holiday
Wall St falls on Wednesday with chipmakers leading declines
Tech stocks boost Wall St after certain tariff relief
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