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29 April 12:41 AM
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WEE secures $10m funding round, unveils IPO plans in MENA

UAE – Mubasher: UAE-based e-commerce startup WEE has raised a pre-Series A round valued at $10 million from SIG Investment, according to a press release. The latest investment propels WEE's valuation to $40 million, which will help the platform …
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GCC-based Shorages secures $1m funding round to boost e-commerce
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Investcorp launches $1bn platform to anchor business in GCC, China
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Bokra secures $4.6m funding round to foster wealth management in MENA
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UAE pens MoU with 3 countries for Development Road project
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Spinneys unveils price range for IPO on DFM, expansion plans
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WEE secures $10m funding round, unveils IPO plans in MENA Initial Public Offerings
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GCC-based Shorages secures $1m funding round to boost e-commerce Global Economy
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Investcorp launches $1bn platform to anchor business in GCC, China Global Economy
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Bokra secures $4.6m funding round to foster wealth management in MENA Global Economy
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UAE pens MoU with 3 countries for Development Road project Global Economy
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Spinneys unveils price range for IPO on DFM, expansion plans Companies Investments
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Egypt, Fujairah discuss building oil products free zone Global Economy
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PIF, stc to form region’s largest telecom tower company Global Economy
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Marco Arcelli, CEO of ACWA Power, and Francesco La Camera, Director-General of IRENA
ACWA Power, IRENA join forces to boost global renewable energy transformation Global Economy
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E7 Group fuels growth in MEA region with new agreements Global Economy
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Mubasher Exclusive
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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Top quotes by Saudi ministers, officials from energy giants at FII7; regional leaders give remarks Event
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Get to know world leaders' quotes on FII7 Day 1; Saudi Arabia's role praised Global Economy
Abdulaziz Al Dahmash, the Managing Director and CEO of Network International KSA
Network eyes SAMA’s nod to for regional expansion – Al Dahmash in interview at Seamless Central Banks
Ahmed Fahmy, CEO of OneCard
OneCard plans to expand in over 22 countries – CEO in interview at Seamless Event
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OneCard partners with Tadawul-listed Alinma Bank at Seamless Saudi Arabia Event
YOÜGotaGift and OneCard at Seamless Saudi Arabia
OneCard enters strategic partnership with YOÜGotaGift for regional expansion at Seamless Saudi Arabia Companies Investments
Abdullah Albruaidi, Business Development Manager of n.go,
n.go unveils expansion plans in Saudi Arabia, Egypt at Seamless Event
Fahad Mubarak Al Guthami, CEO of American Express Saudi Arabia
American Express, SAB launch product to foster SMEs in Saudi Arabia Companies Investments
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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 General Assembly
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Cenomi Centers concludes $100m sukuk private placement Sukuk and Islamic Finance
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Al Rajhi Bank issues $1bn sustainable sukuk Banking and Finance
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Al Rajhi Bank to issue USD-denominated sukuk Sukuk and Islamic Finance
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Cenomi Centers completes $500m sukuk issuance Sukuk and Islamic Finance
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Cenomi Centers to offer USD-denominated Sukuk Sukuk and Islamic Finance
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Saudi German Hospital concludes SAR 1bn Sukuk offering Sukuk and Islamic Finance
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SNB completes offering $850m USD-denominated Sukuk Banking and Finance
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SNB plans to offer USD-denominated Sukuk to local, int’l investors Banking and Finance
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Arab Markets
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Umm Al Qura Cement logs nearly SAR 14.5m net profits in Q1-24 Financial Results
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Yansab turns profitable at SAR 99.5m in Q1-24 Financial Results
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Riyad Bank achieves SAR 2.07bn net profits in Q1-24 Banking and Finance
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Thimar obtains regulatory nod for 74% capital reduction Corporate Actions
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Nama Chemicals enters up to $45m deal with Swiss firm AIS Banking and Finance
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Almunajem Foods’ board nods for building new factory Board of Directors
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Retal Urban Development seals SAR 240m deal with subsidiary Real estate
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Egyptian Exchange’s indices tumble on Sunday; turnover reaches EGP 2.3bn Trading Activities
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Tadawul’s indices end Sunday in red Trading Activities
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Orascom Investment Holding turns profitable in 2023 Financial Results
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International Markets
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