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08 August 02:49 PM
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Egypt’s Qardy secures funding round to expand in MENA

Cairo – Mubasher: Egypt-based fintech Qardy has raised a seven-figure pre-seed funding round in USD, led by White Field Ventures, Vastly Valuable Ventures, and other angel investors. Qardy is the first digital lending marketplace in Egypt and the …
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The Rig visitors to have premium transportation services upon THC’s partnership with PIF-owned OPDC
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Global gold demand grows 4% YoY in Q2-24 – Report
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ADIB Securities launches ADIBS Global in US market
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HDI Global expands in Middle East through new regional office in Dubai
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Educatly secures $2.5m funding round co-led by Egypt Venture
Iraq Arab Global Commodities
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Egypt’s Qardy secures funding round to expand in MENA Companies Investments
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The Rig visitors to have premium transportation services upon THC’s partnership with PIF-owned OPDC Companies Investments
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Global gold demand grows 4% YoY in Q2-24 – Report Macroeconomics
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ADIB Securities launches ADIBS Global in US market Banking and Finance
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HDI Global expands in Middle East through new regional office in Dubai Companies Investments
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Educatly secures $2.5m funding round co-led by Egypt Venture Global Economy
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NIP Group unveils largest entertainment IPO on NASDAQ Global Economy
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du, Nokia upgrade 5G uplink performance in MEA Global Economy
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Egypt signs $342m agreements with int'l companies to boost oil, gas production Global Economy
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Dubai-based fintech Mamo secures $3.4m investment for regional expansion Companies Investments
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Mubasher Exclusive
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Act Financial seeks stakes in real estate, logistics companies – Managing Partner Mergers and Acquisitions
Assem El-Bassal, the CEO of Mubasher Media
Winning Arab Media Award crowns Mubasher.info’s years of hard work – El-Bassal Global Economy
Ahmed El-Shamsy, the Editor-in-Chief of Mubasher Media
El-Shamsy highlights efforts behind choosing Mubasher.info as Best Economic Platform Event
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Riyadh Air’s Coste unveils plans until 2030, impact on Saudi employment ecosystem – Interview Global Economy
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Masdar to expand green hydrogen projects in Egypt’s SCZONE, Mediterranean coast Companies Investments
Mostafa Abdelaziz, Managing Partner at Act Financial
Act Financial plans EGX listing in Q2-24 after decade of continuous work – Abdelaziz Trading Activities
Mohammed Al Ballaa, Chairman of Mubasher Financial Group
Highlights of Chairman Al Ballaa’s speech during AFCM 2024 Global Economy
Mohammed Rashid Al Ballaa, Chairman of MubasherTrade Global
Mubasher aims at broadening investors base in Arab exchanges – Chairman Al Ballaa Companies Investments
Mohammed Rashid Al Ballaa, Chairman of MubasherTrade Global
Mubasher Global has the largest network, covers 3m investment tools – Chairman Al Ballaa Companies Investments
GTN expands commodities offering for digital investing in physical gold and silver
GTN expands commodities offering for digital investing in physical gold and silver Trading Activities
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Islamic Finance
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GCC fixed income markets see $75.5bn issuances in H1-24 – Report Macroeconomics
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ADCB achieves AED 5bn net profit before tax in H1-24 Financial Results
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Binghatti sukuk tap 420% oversubscribed on strong global demand Bonds
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UK’s fintech firm Offa launches Islamic BTL service for expats in region Companies Investments
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Islamic Development Bank finances solar, battery projects in Uzbekistan Banking and Finance
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Nasdaq Dubai unveils $2.3bn new Sukuk issuances by Indonesia Trading Activities
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2P Prefect Presentation pens SAR 121m facility agreement with Riyad Bank Sukuk and Islamic Finance
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ADIB provides AED 5.5bn sustainable finance in 2023 Sukuk and Islamic Finance
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Arada Developments lists $400m Sukuk on Nasdaq Dubai Real estate
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Saudi sukuk, debt market hits 18.3% of GDP in 2023 – Report Macroeconomics
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Arab Markets
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Al Akaria’s losses shrink in H1-24 initial results Real estate
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Northern Region Cement sees 53% higher profits in H1-24 Financial Results
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Burjeel Holdings unveils H1-24 financials, Saudi expansion plans Companies Investments
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SEC achieves higher profits at SAR 5.2bn in H1-24 Financial Results
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Yamama Cement logs nearly SAR 200m profits in H1-24 Financial Results
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Rak Properties generates 19% higher revenues; profits hit AED 89m Financial Results
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Egyptian Resorts reports higher net losses in Q1-24 Financial Results
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Malath Insurance’s insurance revenues down 11%; accumulated losses unveiled Financial Results
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EMPC’s H1-24 consolidated profits hit EGP 473.5m; revenues up 15% Financial Results
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Najran Cement’s net profits fall to SAR 29m in H1-24 Financial Results
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International Markets
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