Top News

Photo Gallery

3 March 2025 01:06 PM Businesses operating in Bahrain benefit from cost advantages in logistics, manufacturing

Mubasher: Businesses operating in Bahrain benefit from annual operating cost advantages of up to 69% in logistics and up to 41% in manufacturing compared to neighbouring GCC countries, according to the ‘Cost of Doing Business in the GCC’, …

Trade

Photo Archive

11 June 2025 09:41 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 …

Banking and Finance

Photo Archive

2 March 2025 01:37 PM Prices of investment funds including certificates in EGP, USD – Updated

Cairo – Mubasher: According to 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 …

Photo Archive

10 June 2025 01:58 PM Nettlestone Capital Advisors expands regional footprint via DIFC office

UAE – Mubasher: Nettlestone Capital Advisors, a senior-led advisory and capital raising firm, officially launched its business in the Dubai International Financial Centre (DIFC), according to a press release. The group offers a combination of …

Photo Archive

10 June 2025 09:56 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 …

Trading Activities

Photo Gallery

9 June 2025 02:38 PM Wipro launches new regional office in Riyadh

Riyadh – Mubasher: Wipro Limited has relocated its Middle East regional headquarters from Al Khobar to Riyadh, according to a press release. The new office supports Wipro’s growing presence in the region, which includes offices in Riyadh, Al …

Companies Investments

Photo Gallery

9 June 2025 00:18 PM Aldar to launch region’s 1st King’s College School Wimbledon in Abu Dhabi

Abu Dhabi – Mubasher: Aldar Properties joined forces with King’s College School Wimbledon to establish its first regional campus on Abu Dhabi’s Fahid Island, according to a press release. After securing regulatory approvals, the new K-12 …

Photo Gallery

9 June 2025 10:51 AM GCC-focused Meedaf launches JV to transform financial landscape in UAE

Mubasher: ADGM-licensed Meedaf unveiled a strategic joint venture (JV) with Brink’s, a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services. Launched in April 2025 to serve financial …

Companies Investments

Photo Archive

8 June 2025 11:20 AM Gulf of America’s oil production to maintain stability in 2026 – EIA

Mubasher: Crude oil production in the Federal Offshore Gulf of America (GOA) will average 1.80 million barrels per day (b/d) in 2025 and 1.81 million b/d in 2026, according to the U.S. Energy Information Administration (EIA). This is compared to …

Photo Gallery

8 June 2025 10:08 AM ADFD pumps AED 216.5bn financing in 2024 to support sustainable development worldwide

UAE – Mubasher: Abu Dhabi Fund for Development (ADFD) injected development financing totaling AED 216.50 billion by the end of 2024, benefitting 107 countries across various continents. This total comprises AED 157 billion in concessional loans, …

Photo Gallery

8 June 2025 09:13 AM Jazeera Airways launches 1st direct flight to Budapest

Mubasher: Jazeera Airways launches twice-weekly flights between Kuwait and Budapest, Hungary, marking the first-ever non-stop air connection between the two countries. This move marks key opportunities for tourism, business, and cultural exchange, …

Photo Gallery

8 June 2025 08:58 AM Multiply Group supports global expansion plans via MMG

Abu Dhabi – Mubasher: Multiply Group has launched Multiply Media Group (MMG) to fuel its global expansion plans, according to a recent press release. The ADX-listed group united the three market-leading out-of-home (OOH) companies under its …

Photo Gallery

8 June 2025 08:22 AM DP World, Mawani inaugurate SAR 3bn terminal to boost global trade connectivity

Mubasher: DP World and Saudi Ports Authority (Mawani) launched the South Container Terminal at Jeddah Islamic Port, supporting DP World’s SAR 3 billion ($800 million) expansion and development plans. The program aims to upgrade the terminal and …

Photo Archive

27 February 2025 01:57 PM Prices of investment funds including certificates in EGP, USD – Updated

Cairo – Mubasher: According to 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 …

Photo Gallery

5 June 2025 01:13 PM Transamerica Life Bermuda launches in DIFC to boost global expansion

UAE - Mubasher: Transamerica Life Bermuda, the global high-net-worth (HNW) life insurer, is set to launch business in Dubai International Financial Centre (DIFC), according to a press release. The Dubai Financial Services Authority (DFSA) has …

Photo Gallery

5 June 2025 00:49 PM Forbes Middle East, Beltone Holding to launch Top Advisors & Investors Summit

Cairo – Mubasher: Forbes Middle East and Beltone Holding partnered to launch the Top Advisors & Investors Summit, which is set to be held in Cairo during the second half (H2) of 2025, according to a press release. The summit aims to contribute to …

Photo Archive

4 June 2025 00:25 PM NMDC strengthens regional presence in MENA’s energy sector via stake acquisition deal

Abu Dhabi – Mubasher: NMDC LTS, a wholly owned subsidiary of National Marine Dredging Company (NMDC), acquired a 70% stake of the share capital and voting rights in Emdad, according to a press release This move aligns with NMDC’s strategy to drive …

Companies Investments

Photo Archive

4 June 2025 08:15 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 …

Banking and Finance

Photo Gallery

3 June 2025 05:05 PM Stride Ventures eyes business in Saudi Arabia to fuel regional expansion plans

Riyadh – Mubasher: Stride Ventures, a global venture debt firm, has unveiled plans to launch a business in Saudi Arabia in line with its growth strategy in the GCC region. Stride Ventures currently boasts an active investment pipeline of up to …

Photo Gallery

20 February 2025 06:02 PM Egypt to have 1st company for EV charging stations upon agreement unveiled at EGYPES

Cairo – Mubasher: Hassan Allam Utilities and Infinity, in partnership with Misr Petroleum and Gastec, have signed a shareholders’ agreement to establish a company for the deployment of electric vehicle (EV) charging stations across Egypt. …

Saudi Riyal Symbol

20 February 2025 04:43 PM Saudi Arabia now has Riyal symbol; historic move to reinforce currency's identity

Riyadh – Mubasher: The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, approved launching the Saudi Riyal symbol on 20 February 2025. The Riyal symbol marks a historic move that will reinforce the Saudi currency's identity, …

Photo Gallery

2 June 2025 04:04 PM Giza Systems announces new CEO appointment, regional expansion plans

Mubasher: Giza Systems, Egypt-based subsidiary of Arabian Internet and Communications Services Company (solutions) by Saudi Telecom Company (stc), appointed Ahmad Elharany as Group CEO. The company announced the appointment during a roundtable …

Management Decisions

Photo Gallery

2 June 2025 11:26 AM Flynas launches 2 weekly direct flights to Damascus

Riyadh – Mubasher: Flynas has announced two weekly direct flights between Jeddah and Damascus as of 12 June, within the framework of the company's regional expansion, according to a press release. The Saudi carrier seeks to meet travelers needs …

Photo Archive

2 June 2025 07:51 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 …

Saud Altassan, CEO at EFG Hermes KSA

19 February 2025 04:53 PM EFG Hermes KSA to lead major IPOs, deals in 2025 – Interview at CMF2025

Riyadh – Mubasher: Saud Altassan, CEO at EFG Hermes KSA, a unit of EFG Hermes Holding, said that the company is expected to witness more initial public offerings (IPOs) and acquisition deals in 2025. In an exclusive interview with Mubasher on the …

Event