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12 October 05:24 PM Abu Dhabi Aviation, TCM launch Egypt’s 1st air taxi service
Cairo - Mubasher: Abu Dhabi Aviation Company and TCM Economic Consulting, part of Prime Group, launched Air Taxi Egypt, the country’s first air taxi service, according to a press release. Announced during a high-profile ceremony at the Giza …
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12 October 04:00 PM ADNOC L&S, TA’ZIZ to build UAE’s 1st chemicals port in Ruwais
Abu Dhabi - Mubasher: ADNOC Logistics & Services (ADNOC L&S) and TA’ZIZ have signed an agreement to establish the UAE’s first dedicated chemicals port at the TA’ZIZ Industrial Zone in Al Ruwais. Under the 50-year deal, ADNOC L&S will build, own, …
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12 October 01:42 PM DP World, Tashkent Invest establish $288m terminal to boost regional network
Dubai - Mubasher: DP World has partnered with Tashkent Invest, a subsidiary of the Tashkent City Administration, to develop a $288 million multimodal logistics terminal over three phases. The project aims to strengthen Uzbekistan’s logistics …
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12 October 12:55 PM FABMISR partners with noon payments to promote financial inclusion
Cairo – Mubasher: First Abu Dhabi Bank Misr (FABMISR), a unit of the ADX-listed FAB, teamed up with noon payments, a subsidiary of noon, according to a press release. The partnership aims to enhance digital payment services and provide a seamless, …
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12 October 11:30 AM Alpha Oryx lowers stake in CIB for EGP 7bn
Cairo - Mubasher: Alpha Oryx Limited cut its equity ownership in Commercial International Bank Egypt (CIB) to 15.67% from 18.06%, according to a bourse statement. Alpha Oryx sold 73.50 million shares in CIB at a value of EGP 7.09 billion and an …
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12 October 08:02 AM CBE unveils EGP 123bn debt instruments on Sunday
Cairo – Mubasher: The Central Bank of Egypt (CBE) announced treasury bills (T-bills) at an aggregated value of EGP 100 billion through two auctions on Sunday, 12 October. The first tranche stood at EGP 40 billion and will mature in 182 days on 14 …
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9 October 02:41 PM Bahrain open to fintech investment fund – Al Khulaif at FF25
Bahrain – Mubasher: The FinTech Forward 2025 (FF25) in Bahrain highlighted the expansion of fintech innovation into non-financial sectors, further reducing reliance on oil. In response to a question by Mubasher Info, Noor Al Khulaif, Minister of …
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9 October 01:55 PM Tokenization takes center stage at Bahrain FinTech Forward 2025
Mubasher: The third edition of FinTech Forward is concluding its activities in Bahrain, positioning the Kingdom as a global testbed for financial innovation, with the main focus on tokenization. Backed by key stakeholders, including Benefit, …
Yousif Al Nefaiei, Deputy Chief Executive at Benefit
9 October 12:15 PM BenefitPay’s transactions to exceed BHD 30bn by 2025-end – Al Nefaiei at FF25
By: Ahmed El-Shamsy Bahrain – Mubasher: Benefit Company, Bahrain's electronic network for financial transactions, continues to play a vital role in developing the digital payments ecosystem in the Kingdom and promoting the transition to a cashless …
Khalid Al Bayat‏, ‏Chief Growth Officer at Tamkeen
9 October 11:30 AM Tamkeen supports Bahrain’s digital transformation via 45 apps – Al Bayat at FinTech Forward
By: Ahmed El-Shamsy Bahrain – Mubasher: Labour Fund (Tamkeen) continues to anchor its position as one of the fundamental pillars of Bahrain’s economic development by enabling the private sector and Bahraini citizens to keep pace with rapid …
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9 October 08:47 AM PureHealth acquires Greece’s largest private healthcare group to reinforce global platform
Abu Dhabi - Mubasher: PureHealth Holding has completed the acquisition of its 60% stake in Hellenic Healthcare Group (HHG), Greece and Cyprus’s leading private healthcare provider, for a total of EUR 800 million. The transaction implies a 100% …
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9 October 08:09 AM SAS launches regional HQ in Riyadh to boost MENA presence
Riyadh - Mubasher: SAS, the global leader in data and AI, has opened its new MENA headquarters (HQ) in Riyadh to foster its business in Saudi Arabia, according to a press release. The launch aligns with the company’s commitment to enabling …
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9 October 07:38 AM QNB’s consolidated profits leap to EGP 22.2 in 9M-25
Cairo  - Mubasher: Qatar National Bank Al Ahli (QNB) posted net profits after tax valued at EGP 22.21 billion in the first nine months (9M) of 2025, up year-on-year (YoY) from EGP 20.10 billion. Net interest income hiked to EGP 36.07 billion at …
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8 October 05:09 PM Egypt sees $2.1bn BOP deficit in FY24/25 – CBE
Cairo - Mubasher: Egypt’s balance of payment (BoP) recorded an overall deficit of $2.10 billion in fiscal year (FY) 2024/2025, compared to $9.70 billion in FY23/24, according to the Central Bank of Egypt (CBE) data. The capital and financial …
Bader Sater, CEO at Bahrain FinTech Bay
8 October 03:07 PM Stablecoin marks new era in Bahrain’s financial sector – FinTech Bay’s CEO
By: Ahmed El-Shamsy Mubasher: Bahrain FinTech Bay, an ecosystem builder, has joined forces with key partners to build an impactful and conducive environment that accelerates fintech innovation in Bahrain and the GCC region. In an exclusive …
Metin Zavrak, CEO of STC Pay Bahrain,
8 October 12:28 PM STC Pay intends to expand regionally, double growth – CEO at FinTech Forward
By: Ahmed El-Shamsy Mubasher: Metin Zavrak, CEO of STC Pay Bahrain, a unit of Saudi Telecom Company (stc), unveiled plans to expand the mobile wallet across the Middle East and the GCC region. In an exclusive interview with Mubasher on the …
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8 October 08:35 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 …
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8 October 08:10 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 …
Founders of Engagesoft
8 October 07:53 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 …
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7 October 03:26 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 …
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7 October 12:14 PM Saudi investments in Egypt hit $25bn – El-Khatib
Cairo - Mubasher: Saudi investments in Egypt have reached about $25 billion, Minister of Investment and Foreign Trade Hassan El-Khatib announced at the first meeting of the Egyptian-Saudi Economic Committee in Cairo. The meeting addressed 90% of …
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7 October 11:46 AM Egypt’s Halan completes EGP 3.4bn securitization with MBH as legal counsel
Cairo - Mubasher: Halan for Consumer Finance has completed an EGP 3.42 billion securitization transaction, with Matouk Bassiouny & Hennawy (MBH) serving as legal counsel. The transaction marks the fourth issuance under capital’s seventh …
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7 October 11:03 AM 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 …
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7 October 10:02 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 …
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7 October 07:44 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, …