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03 February 01:13 AM
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GFH acquires majority stake in GCC-focused Byrne Equipment Rental

Mubasher: GFH Financial Group has purchased a 60% stake in Byrne Equipment Rental LLC, a leading GCC industrial services and equipment rental provider, with an investment and capital expenditure program valued at around $400 million. This …
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Prices of investment funds including certificates in EGP, USD
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Yozo.ai closes $1.7m funding round to expand e-commerce globally
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EvolutionX enters Gulf region via Dubai-based Kitopi
Lam Research’s stock
Lam Research’s stock hits unprecedented levels
Apple's stock
Apple’s stock stabilizes following post-record high correction
Jordan Arab Global Commodities
ASEGI
3,572.42 1.05% 37.09
Volume 5,794,233 Turnover 14,814,567 No. of Trades: 4,672
32 Down 30 Flat 45 Up
No. of Traded Stocks : 107
Last Update: 2 February 12:30 PM
Latest News
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GFH acquires majority stake in GCC-focused Byrne Equipment Rental Companies Investments
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Prices of investment funds including certificates in EGP, USD Global Economy
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Yozo.ai closes $1.7m funding round to expand e-commerce globally Global Economy
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EvolutionX enters Gulf region via Dubai-based Kitopi Global Economy
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Lam Research’s stock
Lam Research’s stock hits unprecedented levels Trading Activities
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Apple's stock
Apple’s stock stabilizes following post-record high correction Global Economy
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Intel’s stock
Intel’s stock rebounds after Nvidia foundry deal Global Economy
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Dubai Insurance launches 1st crypto-enabled digital wallet in UAE Global Economy
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ADNIC fuels global expansion with branch in India Companies Investments
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Middle East-focused Property Finder secures $170m investment led by Mubadala Companies Investments
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Mubasher Exclusive
What could be next target for Gold after hitting new historical peak?
What could be next target for Gold after hitting new historical peak? Trading Activities
Platinum is experiencing correction after hitting new historic peak – Analysis
Platinum is experiencing correction after hitting new historic peak – Analysis Trading Activities
Cross-listed Orascom Construction is testing significant support level – Analysis
Cross-listed Orascom Construction is testing significant support level – Analysis Stock Evaluations
Fahad Alnaeem, the CEO of the Saudi Industrial Development Fund (SIDF) Investment Company
SIDF plans to increase number of factories in Saudi Arabia – CEO Alnaeem at Biban Companies Investments
Yousif Al Nefaiei, Deputy Chief Executive at Benefit
BenefitPay’s transactions to exceed BHD 30bn by 2025-end – Al Nefaiei at FF25 Event
Khalid Al Bayat‏, ‏Chief Growth Officer at Tamkeen
Tamkeen supports Bahrain’s digital transformation via 45 apps – Al Bayat at FinTech Forward Global Economy
Bader Sater, CEO at Bahrain FinTech Bay
Stablecoin marks new era in Bahrain’s financial sector – FinTech Bay’s CEO Event
Metin Zavrak, CEO of STC Pay Bahrain,
STC Pay intends to expand regionally, double growth – CEO at FinTech Forward Global Economy
Saud Altassan, CEO at EFG Hermes KSA
EFG Hermes KSA to lead major IPOs, deals in 2025 – Interview at CMF2025 Initial Public Offerings
Wang Hu, the President and Co-Founder of PayerMax
Saudi Arabia stood out as ideal choice for PayerMax’s regional HQ – Interview with Wang Hu Global Economy
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Islamic Finance
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stc concludes $2bn Sukuk offering Sukuk and Islamic Finance
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Riyad Bank, Al Rajhi Bank, stc intend to offer dollar-denominated issuance Banking and Finance
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MESC obtains SAR 150m facility from Alinma Bank Sukuk and Islamic Finance
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Mayar Holding’s units pen SAR 88m financing with SAB Companies Investments
Boursa Kuwait
Boursa Kuwait boosts capital market position for regional financial activity via MoU with TISE group International Agreements
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SMC Healthcare inks agreement with BLME Capital for SAR 413m real estate fund Banking and Finance
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Qassim Cement secures SAR 1.5bn credit facility from SNB Sukuk and Islamic Finance
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Fitch assigns ‘B+’ rating to Gulf Navigation’s AED 612m Sukuk issuance Ratings
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Tamweel issues Middle East’s 1st Mudaraba Sukuk to finance EGP 5.5bn acquisition deal Sukuk and Islamic Finance
Sharjah Islamic Bank lists $500m Sukuk on Nasdaq Dubai
Sharjah Islamic Bank lists $500m Sukuk on Nasdaq Dubai Banking and Finance
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Arab Markets
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GFH acquires majority stake in GCC-focused Byrne Equipment Rental Mergers and Acquisitions
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Tadweer inks SAR 64m raw materials supply deal with Topal Advanced Companies Investments
Mashreq Bank
Mashreq Bank’s profits fall 23% in 2025;operating income hits AED 12.5bn Financial Results
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Balsm Alofoq Medical roll out SAR 72m healthcare deal in Jubail Companies Investments
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SAR begins institutional book building for Tadawul IPO Trading Activities
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SACO obtains SAR 150m loan from SNB Companies Investments
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Al Qahtani to lead Tabuk Cement’s business as new CEO Management Decisions
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Gourmet Egypt unveils IPO price for EGX listing Initial Public Offerings
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Aman Holding wins SAMA nod for JV with Jarir Central Banks
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Aldar expands development projects in Abu Dhabi with AED 23bn Real estate
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International Markets
Tesla jumps, Wall St would rise after Trump statement
S&P 500, Nasdaq rises; Dow falls before Good Friday holiday
Wall St falls on Wednesday with chipmakers leading declines
Tech stocks boost Wall St after certain tariff relief
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