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11 February 2025 08:41 AM Ericsson, Mobily pen agreement at LEAP 2025 to drive digital ecosystem
Riyadh – Mubasher: Ericsson and Etihad Etisalat Company (Mobily) signed a memorandum of understanding (MoU) at the LEAP 2025 event to explore intent-driven autonomous networks. The two companies will review the development of advanced network …
Global Economy
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26 May 2025 08:40 AM CBE offers EGP 22bn T-bonds on Monday
Cairo – Mubasher: The Central Bank of Egypt (CBE) issued fixed treasury bonds (T-bonds) at a combined value of EGP 22 billion through three auctions on Monday, 26 May 2025. The first issue was valued at EGP 4 billion and will mature in two years …
Banking and Finance
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11 February 2025 08:17 AM IBM, Lenovo expand partnership to scale AI services at LEAP 2025
Riyadh – Mubasher: IBM and Lenovo expanded their strategic technology partnership to scale the impact of generative AI for clients in Saudi Arabia, according to a press release. The announcement came on the sidelines of the fourth edition of the …
Global Economy
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26 May 2025 07:53 AM Madinet Masr’s consolidated profits fall in Q1-25; gross contracted sales hit EGP 11.5bn
Cairo – Mubasher: Madinet Masr Housing and Development posted 32.64% lower consolidated net profits after tax and non-controlling interest at EGP 793.85 million in the first quarter (Q1) of 2025. The recorded profits were compared to EGP 1.17 …
Financial Results
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26 May 2025 06:25 AM Dubai Land Department launches MENA’s 1st tokenized real estate project
UAE – Mubahser: Dubai Land Department (DLD) has launched the region’s first tokenized real estate investment project through the Prypco Mint platform, according to a press release. The initiative is being implemented in partnership with Prypco, …
Companies Investments
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10 February 2025 05:43 PM Elm forges partnerships with Salam, Klues.AI at LEAP 2025
Riyadh – Mubasher: Elm Company signed partnership agreements with Etihad Salam Telecom Company and Klues.AI on the sidelines of the fourth edition of the LEAP conference, according to a press release. Elm and Salam will join forces to deliver …
Global Economy
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10 February 2025 05:09 PM Tencent Cloud launches Middle East cloud region in Saudi Arabia at LEAP 2025
Riyadh – Mubasher: Tencent Cloud, the cloud business of global technology company Tencent, has launched its first Middle East Cloud Region in Saudi Arabia, according to a press release. The launch was announced during the fourth edition of the …
Global Economy
Ahmad Al Khowaiter, Aramco EVP Technology & Innovation
10 February 2025 03:59 PM Al Khowaiter shares factors helping Aramco thrive, mentions $1trn reliability cost during speech at LEAP 2025
Riyadh – Mubasher: Ahmad Al Khowaiter, the Executive Vice President for Technology and Innovation at Saudi Arabian Oil Company (Aramco), highlighted how three factors are helping the entity get ahead and stay ahead, during his speech at the …
Event
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10 February 2025 11:59 AM Deloitte launches S2S offering at LEAP 2025 via partnership with NVIDIA
Riyadh – Mubasher: Deloitte, the innovation and emerging technology partner at LEAP 2025, has launched its comprehensive Silicon-2-Service (S2S) offering in the Middle East. The new service will provide its clients with an end-to-end strategy to …
Global Economy
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10 February 2025 09:24 AM Mobily, Vodafone Business IoT pen partnership agreement at LEAP 2025
Riyadh – Mubasher: Etihad Etisalat Company (Mobily) signed a cooperation agreement with Vodafone Business IoT, a subsidiary of the global Vodafone Group, during the LEAP 2025 conference. The joint deal aims to provide high-quality Internet of …
Global Economy
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10 February 2025 08:51 AM stc launches upsource by solutions at LEAP 2025
Riyadh – Mubasher: Saudi Telecom Company (stc) has launched upsource by solutions, the new identity of the group’s Contact Center Company (CCC) specialised in business outsourcing, according to a press release. The launch, announced at the LEAP …
Companies Investments
Founders of Gainz
25 May 2025 05:32 PM Gainz secures funding round to back regional expansion plans
UAE - Mubasher: Dubai-based fintech Gainz has closed a 7-figure pre-seed round in USD, structured as a mix of equity and debt, according to a press release. The round was led by Antler MENAP, Lithium Holdings, and Eleventh Invest Inc., with …
Global Economy
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25 May 2025 05:05 PM viAct fuels MENA’s expansion via $7.3m funding round
Mubasher: Hong Kong-based AI company viAct has raised $7.30 million in a Series A round led by Ireland’s VentureWave Capital, with participation from Singtel Innov8 and Korean Investment Partners. The company plans to expand its business globally …
Global Economy
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25 May 2025 04:02 PM HP expands footprint in Egypt via new office
Cairo – Mubasher: Global tech leader HP Inc. launched its office in Cairo to back digital transformation and workforce development in line with Egypt Vision 2030, according to a press release. HP rolled out plans to reinforce its local presence by …
Companies Investments
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25 May 2025 01:44 PM Hassan Allam Construction pens joint deal to rehabilitate Alexandria Raml tram line
Cairo – Mubasher: Hassan Allam Construction, a subsidiary of Hassan Allam Holding, teamed up with The Arab Contractors for the implementation of the infrastructure works for the Alexandria Raml Tram rehabilitation project. The project, awarded by …
Companies Investments
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25 May 2025 10:43 AM Alexandria Container records EGP 1.1bn block trading deal
Cairo – Mubasher: Alexandria Container and Cargo Handling Company witnessed a block-trading deal amounting to EGP 1.16 billion on 22 May 2025. The transaction was executed on 51.98 million shares, according to a recent bourse disclosure. During …
Companies Investments
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25 May 2025 10:01 AM CBE unveils EGP 75bn T-bills on Sunday
Cairo – Mubasher: The Central Bank of Egypt (CBE) offered treasury bills (T-bills) at a total value of EGP 75 billion through two issues on Sunday, 25 May. The first offering stood at EGP 30 billion and will mature in 91 days on 26 August 2025, …
Central Banks
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25 May 2025 09:03 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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9 February 2025 10:01 PM Ericsson features 5G-powered robot at LEAP 2025 to enhance industrial automation
Riyadh – Mubasher: Ericsson has showcased a 5G-enabled robotic dog under the name Rocky as part of the company’s technology demonstrations at LEAP 2025, according to a press release. The 5G-enabled feature highlights how robotics, combined with …
Global Economy
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9 February 2025 05:34 PM Saudi Arabia represents 50% of region’s digital economy – Al Swaha at LEAP 2025
Riyadh – Mubasher: Saudi Arabia represents 50% of the region’s digital economy, which hiked by 73% to reach $260 billion, Abdullah Al Swaha, Saudi Minister of Communications and Information Technology, said. Al Swaha’s remarks came on the …
Global Economy
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9 February 2025 05:05 PM Google launches AI-powered digital hub at LEAP 2025
Riyadh - Mubasher: Google has launched an AI-based digital hub to meet regional and global demands on the sidelines of the LEAP 2025 conference, which is being held at the Riyadh Exhibition and Convention Center. American multinational corporation …
Global Economy
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9 February 2025 04:41 PM Regional, global firms unveil $14.8bn tech investments at LEAP 2025
Riyadh - Mubasher: Saudi and international companies announced tech investments at a combined value of $14.85 billion on the first day of the LEAP 2025 conference, which is taking place during 9-12 February. Aramco Digital, a subsidiary of Saudi …
Event
Saudi Telecom Company
9 February 2025 04:21 PM stc partakes as Strategic Partner at LEAP 2025 to boost digital transformation worldwide
Riyadh – Mubasher: Saudi Telecom Company (stc) is joining the LEAP 2025 leading event as a strategic, founding partner to showcase an expansive suite of innovative solutions driving digital transformation across key industries, according to a …
Event
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9 February 2025 10:09 AM Global tech event LEAP 2025 kicks off in Saudi Arabia
Riyadh – Mubasher: The fourth edition of the LEAP 2025 Tech Conference kicked off on Sunday, 9 February, at the Riyadh Exhibition and Convention Center in Malham under the theme ‘Into New Worlds’. Held by the Ministry of Communications and …
Event
Capital Markets Forum Riyadh 2025
6 February 2025 02:26 PM Riyadh to host 5th Capital Markets Forum under Powering Connections theme
Riyadh – Mubasher: Saudi Tadawul Group has announced its flagship event Capital Markets Forum (CMF) which will take place for three days in Riyadh under the theme ‘Powering Connections’, according to a press release. The event will be held under …
Companies Investments