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18 February 2025 08:20 PM SNB Capital, Awqaf Investment ink agreement at CMF2025 to enhance investment products
Riyadh – Mubasher: SNB Capital signed an agreement with Awqaf Investment to provide investment services for endowment assets exceeding SAR 8 billion, according to a press release. The deal, which was signed during the fifth edition of the Capital …
Banking and Finance
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1 June 2025 00:06 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, except for the …
Trading Activities
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18 February 2025 07:34 PM Edaa launches Edaa Connect at CMF2025 to streamline access to mutual funds
Riyadh – Mubasher: Edaa, the Securities Depository Center of the Saudi Tadawul Group launched Edaa Connect, a first-of-its-kind platform designed to transform investor access to mutual funds in the Saudi capital market. The launch was announced on …
Event
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18 February 2025 07:10 PM Saudi Tadawul Group inks MoU with Financial Academy during CMF2025
Riyadh – Mubasher: Saudi Tadawul Group signed a memorandum of understanding (MoU) with the Financial Academy on the sidelines of the fifth edition of the Capital Markets Forum (CMF), which is being held in Riyadh until 20 February. The agreement …
Event
Mostafa Khattab, Founder of Bloomspoon
1 June 2025 08:03 AM UAE-based Bloomspoon backs regional expansion via funding from Shark Tank
UAE – Mubasher: Dubai-based startup Bloomspoon has secured investment valued at AED 800,000 in exchange for 49% equity during Season 3 of Shark Tank Dubai. The deal was offered by Toufic Kreidieh, Executive Chairman and Co-Founder of the Brands …
Companies Investments
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1 June 2025 07:02 AM ADNOC Drilling eyes 70% stake in SLB's rigs business in Kuwait, Oman
Abu Dhabi – Mubasher: ADNOC Drilling Company has signed an agreement to acquire a 70% stake in SLB's land drilling rigs business in Kuwait and Oman, according to a press release. The ADX-listed firm will own eight fully operational land rigs under …
Companies Investments
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18 February 2025 10:00 AM Capital Markets Forum 2025 Kicks off in Riyadh
Riyadh – Mubasher: The fifth edition of the Capital Markets Forum (CMF) kicked off in Riyadh on Tuesday, 18 February, under the theme ‘Powering Connections’. Organised by the Saudi Tadawul Group, the event is being held under the patronage of …
Event
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16 February 2025 08:32 PM stc enters into strategic agreements with global digital entities at LEAP 2025
Riyadh – Mubasher: More than 75 strategic partnerships between Saudi Telecom Company (stc) Group and tech industry giants were signed at LEAP 2025, which concluded on 12 February after lasting for four days, according This year, stc set new …
Global Economy
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16 February 2025 04:41 PM PIF-owned Diriyah selects IBM’s enterprise asset management solution at LEAP 2025 for more operational efficiency
Riyadh – Mubasher: Diriyah Company has selected IBM Maximo Application Suite (MAS), during its participation at the four-day LEAP 2025 event in Saudi Arabia, to monitor and manage assets across the Diriyah Project, according to a press release. As …
Event
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16 February 2025 02:29 PM stc’s iot squared joins Ericsson at LEAP 2025 to launch platform with Alshaya inaugural customer
Riyadh – Mubasher: Ericsson and Saudi Telecom Company (stc) Group’s iot squared jointly launched Ericsson Connected Recycling platform in Saudi Arabia during the four-day LEAP 2025 event, with Alshaya Group being the inaugural customer. The local …
Companies Investments
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16 February 2025 01:48 PM Recently launched upsource partners with Cognizant at LEAP 2025 via 3-year strategic agreement
Riyadh – Mubasher: upsource by solutions has teamed up with Cognizant through a three-year strategic partnership that was signed at LEAP 2025 to reshape business process outsourcing (BPO) in Saudi Arabia and beyond, according to a press release. …
Companies Investments
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29 May 2025 06:34 AM UAE-based fintech Qashio backs regional expansion plans via $19.8m funding
UAE – Mubasher: Dubai-headquartered fintech company Qashio has raised $19.80 million in its latest funding round to expand into Saudi Arabia and deepen its business-to-business (B2B) program across the MENA region. The fundraising transaction is a …
Global Economy
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29 May 2025 05:57 AM Stitch raises $10m seed to transform financial landscape in MENA
Riyadh – Mubasher: Saudi fintech infrastructure platform Stitch has closed a $10 million seed funding round, led by Arbor Ventures, COTU Ventures, Raed Ventures, and Saudi Venture Capital (SVC). Regional family offices and other angel investors, …
Banking and Finance
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13 February 2025 10:16 PM Listed digital solutions provider Elm concludes participation in LEAP 2025 with multiple strategic agreements
Riyadh – Mubasher: Elm Company concluded its participation in LEAP 2025, which was held in Saudi Arabia from 9 to 12 February, where it showcased a wide range of its innovative digital solutions. Elm signed multiple strategic agreements with …
Event
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13 February 2025 09:43 PM Unifonic showcases customer service tools at LEAP 2025
Riyadh – Mubasher: The Middle East’s Software as a Service (SaaS) provider Unifonic has showcased its AI-powered conversational platform to help elevate customer engagement and operational efficiency during its participation at LEAP 2025 in the …
Event
SAL's Al Sheikh and stc's VP of Enterprise Accounts, Abdulaziz Al Haydar,
13 February 2025 08:15 PM Al Sheikh says deal with stc at LEAP 2025 is part of SAL’s customer-centric strategy
Riyadh – Mubasher: SAL Logistics Services’ recent memorandum of understanding (MoU) with Saudi Telecom Company (stc) Group is part of SAL’s customer-centric strategy and marks an important step towards enhancing the efficiency of logistics …
Companies Investments
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13 February 2025 06:31 PM Mobily unveils over SAR 3.4bn investment during LEAP 2025 to support Saudi digital infrastructure
Riyadh – Mubasher: Technology, media, and telecommunications (TMT) company Etihad Etisalat Company (Mobily), recently announced an investment of $905 million, equivalent to more than SAR 3.40 billion, in data centres and submarine cables. The …
Event
UAE Ministry of Finance
13 February 2025 05:39 PM UAE Cabinet issues decision on multinational top-up tax for businesses
UAE – Mubasher: The UAE Ministry of Finance recently announced the issuance of Cabinet Decision No. 142 of 2024 which covers the introduction of the top-up tax for multinational enterprises, providing further details on the UAE Domestic Minimum …
Taxes
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13 February 2025 04:56 PM Ericsson concludes LEAP 2025 participation in line with mobile network expansion for Beyon’s subsidiary
Riyadh – Mubasher: Ericsson has showcased its technologies and innovation leadership under the theme ‘Step Forward: Discover the Unfolding Future’ at LEAP 2025, which concluded on 12 February at the Riyadh Exhibition and Convention Center. The …
Global Economy
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28 May 2025 11:54 AM Dubai Residential REIT becomes largest listed REIT in GCC via DFM debut
UAE – Mubahser: Dubai Residential REIT, a Shariah-compliant income-generating closed-ended real estate investment fund, commenced trading its shares on the Dubai Financial Market (DFM) under the symbol ‘DUBAIRESI’. Dubai Residential REIT, one of …
Global Economy
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28 May 2025 11:21 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, except for the …
Global Economy
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28 May 2025 08:10 AM GFH, Kuwait-based real estate firm Al Tijaria to foster GCC logistics sector
Mubasher: GFH Capital, a Saudi subsidiary of GFH Financial Group, partnered with Kuwait-based real estate firm The Commercial Real Estate Company (Al Tijaria) to expand business in the warehousing and logistics sector across Saudi Arabia and the …
Global Economy
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12 February 2025 11:50 PM Elm joins forces with Lean Business Services at LEAP 2025 to advance digital transformation
Riyadh – Mubasher: Elm Company has signed a memorandum of understanding (MoU) with Lean Business Services to strengthen Saudi Arabia's healthcare sector and related industries through a wide array of innovative digital services and products. The …
Global Economy
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12 February 2025 10:54 PM LG Electronics becomes direct B2B partner of Saudi ICT provider GAPP upon MoU at LEAP 2025
Riyadh – Mubasher: Global tech manufacturer LG Electronics has announced a memorandum of understanding (MoU) during the LEAP 2025 event with Gulf Applications (GAPP), a provider of innovative ICT and technical solutions in Saudi Arabia to supply …
Event
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12 February 2025 08:49 PM Elm to raise ownership in Smart National Solutions upon sheet signed during LEAP 2025
Riyadh – Mubasher: Digital solutions provider Elm Company has signed a preliminary term sheet to increase its ownership in Smart National Solutions (SNS) to 40%, according to a press release. This strategic move, which was announced on the …
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