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09 June 12:10 PM
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Elevate fuels expansion plans via $5m funding round

UAE – Mubasher: Elevate, a London and Dubai-based fintech, has secured $5 million in a pre-Series A funding round to boost its expansion into the Middle East and Africa, according to a press release. Founded in 2021 by Faris Keenan, Khalid Keenan, …
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Saudi Arabia, UAE, Egypt secure 92% of MENA’s VC funding in 2023 – Report
Sunita Bottse, the CEO for Ooredoo's Mena Digital Hub
Ooredoo names Bottse as CEO of Mena Digital Hub
Founders of qeen.ai
UAE’s qeen.ai raises $2.2m fundraising to anchor e-commerce in MENA
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Tumodo, Tabby to facilitate digital transformation of MENA’s travel market
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Vodafone Egypt to deploy Ericsson’s 1st triple-band radio tech
Iraq Arab Global Commodities
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Volume 262,842,124 Turnover 497,327,324 No. of Trades: 259
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Elevate fuels expansion plans via $5m funding round Companies Investments
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Saudi Arabia, UAE, Egypt secure 92% of MENA’s VC funding in 2023 – Report Global Economy
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Sunita Bottse, the CEO for Ooredoo's Mena Digital Hub
Ooredoo names Bottse as CEO of Mena Digital Hub Global Economy
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Founders of qeen.ai
UAE’s qeen.ai raises $2.2m fundraising to anchor e-commerce in MENA Companies Investments
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Tumodo, Tabby to facilitate digital transformation of MENA’s travel market Companies Investments
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Vodafone Egypt to deploy Ericsson’s 1st triple-band radio tech Global Economy
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TAQA completes financing of Juranah ISWR-1 project co-led by 4 lenders Global Economy
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Burjeel Holdings launches JV for cost-efficient healthcare solutions in MENA Global Economy
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OPEC+ agrees to extend significant oil output cuts through 2025 Global Economy
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GCC tops Dubai Chamber of Commerce export list with AED 40.8bn Global Economy
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Mubasher Exclusive
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 Global Economy
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Riyadh Air’s Coste unveils plans until 2030, impact on Saudi employment ecosystem – Interview Companies Investments
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Masdar to expand green hydrogen projects in Egypt’s SCZONE, Mediterranean coast Global Economy
Mostafa Abdelaziz, Managing Partner at Act Financial
Act Financial plans EGX listing in Q2-24 after decade of continuous work – Abdelaziz Initial Public Offerings
Mohammed Al Ballaa, Chairman of Mubasher Financial Group
Highlights of Chairman Al Ballaa’s speech during AFCM 2024 Event
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 Global Economy
1st Investor competition
Mubasher Global announces prizes of 1st Investor contest in US market
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Islamic Finance
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Nasdaq Dubai lists 1st sustainability sukuk from Emirates Islamic Banking and Finance
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Saudi Arabia’s National Debt Management Center closes $5bn sukuk issuance Banking and Finance
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Emirates Islamic issues $750m sustainability sukuk Sukuk and Islamic Finance
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Saudi Arabia’s NDMC closes SAR 3.2bn sukuk issuance Sukuk and Islamic Finance
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Al Rajhi Bank concludes $1bn USD-denominated sukuk Sukuk and Islamic Finance
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Aldar Properties’ investment arm issues $500m green sukuk Companies Investments
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Al Rajhi Bank to issue USD sukuk to Saudi, int’l investors Sukuk and Islamic Finance
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Moody’s upgrades ADIB’s BCA to 'baa3'; affirms long-term issuer ratings Sukuk and Islamic Finance
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DSI’s shareholders pass restructuring plan Corporate Actions
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Cenomi Centers concludes $100m sukuk private placement Sukuk and Islamic Finance
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Arab Markets
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Sumou Real Estate’s shareholders nod for capital increase General Assembly
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Tibbiyah announces SAR 24m contract award with NUPCO Companies Investments
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Electro Cable Egypt’s consolidated profit leaps to EGP 535m in Q1-24 Financial Results
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Juhayna Food Industries inks EGP 450m credit facility with HSBC Companies Investments
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TMG Holding achieves EGP 122bn sales in 5M-24 Financial Results
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Mouwasat, Aldawaa Medical Services establish medical firm Companies Investments
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Takaful - ASCANA Insurance unveils rebranding Corporate Actions
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Tabreed cuts carbon emissions by 1.5m tonnes in 2023 Companies Investments
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Fitness Time to disburse SAR 51m dividends for Q1-24 General Assembly
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Al Ahly FC names UAE’s Palms Sports official operator of mega sports complex Companies Investments
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International Markets
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