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8 October 2025 09:35 AM World Bank lifts growth forecast for Middle East region in 2025
Mubasher: The World Bank has lifted its growth outlook for the region encompassing the Middle East, North Africa, Afghanistan and Pakistan (MENAAP) for 2025, with expected growth reaching 2.8% in 2025 and 3.3% in 2026. Nonetheless, global …
Macroeconomics
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8 October 2025 09:10 AM Dubai Investments to double subsidiary’s glass capacity with MENA’s 1st ultra-clear line
Dubai - Mubasher: Dubai Investments plans to double production at its wholly owned subsidiary, Emirates Float Glass (EFG), with a second float line. The new line will boost EFG’s daily capacity to 1,200 tons from 600 tons and debut MENA’s first …
Companies Investments
Founders of Engagesoft
8 October 2025 08:53 AM Saudi Engagesoft closes $3.5m pre-Series A to scale in MENA
Riyadh - Mubasher: Engagesoft, a Saudi AI-powered platform for employee engagement and organizational effectiveness, has secured $3.50 million in pre-series A funding led by Silicon Badia, according to a press release. The funding will speed up …
Companies Investments
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7 October 2025 04:26 PM Egypt’s Tagaddod secures $26m to boost regional expansion
Cairo - Mubasher: Egypt-based cleantech Tagaddod has raised $26.30 million in Series A funding led by the Arab Energy Fund (TAEF), with participation from FMO, VKAV, A15, and other returning investors. The investment will accelerate Tagaddod’s …
Global Economy
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7 October 2025 00:03 PM Blackstone, Lunate roll out $5bn GCC logistics platform
UAE - Mubasher: Blackstone, the world’s largest alternative asset manager, and Abu Dhabi's Lunate, which manages over $110 billion, joined forces to invest in logistics assets across the GCC. The partnership will form Gulf Logistics Infrastructure …
Global Economy
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7 October 2025 11:02 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 6 …
Banking and Finance
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7 October 2025 08:44 AM Eshraq Investments to boost regional, global footprint via acquisition of Shine
Abu Dhabi - Mubasher: Eshraq Investments signed a conditional agreement with TIL Partners SPV to acquire the entire share capital of Shine SPV 1 Limited, according to a press release. Shine owns subsidiaries in offshore support vessels, …
Global Economy
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6 October 2025 07:38 PM Siemens Mobility expands regional footprint with new Riyadh office
Riyadh - Mubasher: Siemens Mobility has inaugurated a new office in Riyadh to advance smart and sustainable mobility in Saudi Arabia and across the wider region. The move will boost local value, create jobs, and develop Saudi talent through …
Companies Investments
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6 October 2025 06:58 PM Hikma, Celltrion expand MENA biosimilars portfolio
Mubasher: Hikma Pharmaceuticals inked exclusive licensing deals with global biopharmaceutical leader Celltrion to commercialize six biosimilar treatments across the MENA region. The agreements will expand access to affordable biologics in …
Global Economy
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6 October 2025 00:02 PM Audi Capital, GTN partner to launch Audi Tadawul for local, global investors
Mubasher: Audi Capital has partnered with GTN, the global fintech innovator in trading and investment technology, to launch “Audi Tadawul”, a fully integrated trading platform designed to offer high-net-worth individuals, institutions, family …
Companies Investments
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6 October 2025 11:56 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 5 …
Trading Activities
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6 October 2025 09:45 AM Emirates NBD Securities broadens trading services across GCC
Dubai - Mubasher: Emirates NBD Securities, a subsidiary of Emirates NBD, has expanded its trading services, giving investors direct access to key GCC financial markets. This expansion provides investors with a single and seamless entry point into …
Banking and Finance
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5 October 2025 02:34 PM DP World, PayPal streamline global trade with faster digital payments
Dubai - Mubasher: DP World signed a memorandum of understanding (MoU) with PayPal to launch a digital payments platform that will enable cross-border transactions to be completed in minutes instead of up to a week. The initiative aims to simplify …
Companies Investments
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5 October 2025 00:52 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 4 …
Mutual Funds
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5 October 2025 00:10 PM GRANITE secures FRA’s approval for 1st EGP-denominated Money Market Fund
Cairo – Mubasher: GRANITE  Financial Holding, a digitally-enabled asset management company, has received approval from the Financial Regulatory Authority (FRA) to launch its multi-currency fixed-income fund. The company’s inaugural issuance is the …
Banking and Finance
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5 October 2025 09:35 AM IHC strengthens global portfolio through $1bn investment in India’s Sammaan Capital
Abu Dhabi – Mubasher: International Holding Company (IHC) has entered into an agreement to invest $1 billion in Sammaan Capital Limited, a publicly listed company on the Bombay Stock Exchange and the National Stock Exchange of India. The Indian …
Global Economy
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5 October 2025 08:24 AM Tribe Payments expands into Middle East via Dubai office
UAE - Mubasher: Tribe Payments has launched its Dubai office in line with its strategic expansion into the Middle East region as it continues to empower banks, fintechs, and acquirers across Europe, Asia, and beyond. Founded in London in 2018, …
Companies Investments
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5 October 2025 08:18 AM Jamjoom Pharma launches new brand identity to accelerate regional growth
Riyadh – Mubasher: Jamjoom Pharmaceuticals Factory Company (Jamjoom Pharma) rolled out its new corporate brand identity, marking the next phase of its strategic evolution towards being a leading global player in the pharmaceutical industry. The …
Companies Investments
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5 October 2025 08:14 AM Aydi raises $7.5m to back global expansion of AI agronomy assistant Orth
UAE - Mubasher: AI-powered agritech platform Aydi has closed a $7.50 million seed round led by COTU Ventures, Daltex, and Nuwa Capital, with participation from Magrabi Agriculture and Foundation Ventures. The funding will support the launch and …
Global Economy
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5 October 2025 08:07 AM Lulu Retail strengthens GCC footprint with new hypermarket in Taif
Abu Dhabi - Mubasher: Lulu Retail Holdings, the largest pan-GCC full-line retailer, has opened a new hypermarket in City Walk, Taif. The 108,955 square feet store expands Lulu’s network in Saudi Arabia to 64 outlets, according to a press release. …
Global Economy
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5 October 2025 08:01 AM South Korea’s Rebellions raises $250m series C to fuel regional expansion
Riyadh - Mubasher: South Korea-based Rebellions has raised $250 million in a Series C round at a $1.40 billion valuation, according to a press release. The transaction is backed by Arm, Samsung Ventures, Pegatron VC, Korea Development Bank, …
Companies Investments
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2 October 2025 07:37 AM UPFRONT closes $10m pre-seed funding to back SMBs in MENA
UAE - Mubasher: UPFRONT secured a $10 million pre-seed funding, a mix of equity and debt, to address cash flow inefficiencies holding back small and medium-sized businesses (SMBs) in the MENA region. The round was co-led by Palm Ventures and …
Global Economy
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2 October 2025 07:29 AM Emirates expands flights to London amid high demand
UAE – Mubasher: Emirates has added six weekly flights to its London Heathrow schedule, starting 26 October 2025, following a record growth and demand in the winter season. The flights will provide more convenience and departure time choices for …
Global Economy
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2 October 2025 07:20 AM Egypt’s residential market attracts $1.4bn in private capital baked by UAE, KSA
Cairo - Mubasher: Egypt’s real estate market drew $1.40 billion in private capital as demand surges, emerging as one of MENA’s fastest-growing markets. The country now ranks third in construction activity after Saudi Arabia and the UAE, according …
Macroeconomics
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1 October 2025 06:31 PM Spinneys enters Southeast Asia market through Ayala’s JV
Dubai - Mubasher: Spinneys formed a joint venture (JV) with Filipino conglomerate Ayala Corporation to open stores in the Philippines, marking its first expansion into Southeast Asia. Under the deal, Ayala will hold a 60% stake in the JV, with …
Global Economy