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28 July 10:10 AM
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Dubai-based fintech Mamo secures $3.4m investment for regional expansion

UAE – Mubasher: Fintech Mamo has raised a $3.40 million funding round, provided by existing investor 4DX Ventures and the Dubai Future District Fund, along with Cyfr Capital. The startup will use the funding to help SMEs businesses consolidate …
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Egypt reportedly launches tender to purchase 5 liquefied gas shipments
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Saudi Arabia to host Middle East LPG Expo 2024
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Saudi Arabia launches Kingdom's most extensive mineralised belts to date
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GFH raises stake in GFH Equities to over 76.5%
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Saudi Flynas announces new destinations to Bahrain, Doha
Kuwait Arab Global Commodities
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Volume 62,608,994 Turnover 14,922,663 No. of Trades: 3,886
30 Down 22 Flat 66 Up
No. of Traded Stocks : 118
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Dubai-based fintech Mamo secures $3.4m investment for regional expansion Companies Investments
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Egypt reportedly launches tender to purchase 5 liquefied gas shipments Companies Investments
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Saudi Arabia to host Middle East LPG Expo 2024 Event
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GFH raises stake in GFH Equities to over 76.5% Mergers and Acquisitions
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Saudi Flynas announces new destinations to Bahrain, Doha Companies Investments
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MENA-focused OTO closes SAR 30m funding round led by PIF’s Sanabil Companies Investments
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Saudi Arabia launches Kingdom's most extensive mineralised belts to date Macroeconomics
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GCC fixed income markets see $75.5bn issuances in H1-24 – Report Bonds
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RAKBANK issues 1st publicly traded Social Bond in GCC Global Economy
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MENA’s Majarra expands into AI sector via acquisition of Lableb Global Economy
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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 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 Companies Investments
Mostafa Abdelaziz, Managing Partner at Act Financial
Act Financial plans EGX listing in Q2-24 after decade of continuous work – Abdelaziz Global Economy
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 Global Economy
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 Sector Reports
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ADCB achieves AED 5bn net profit before tax in H1-24 Banking and Finance
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Binghatti sukuk tap 420% oversubscribed on strong global demand Sukuk and Islamic Finance
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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 Banking and Finance
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ADIB provides AED 5.5bn sustainable finance in 2023 Banking and 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 Sector Reports
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Arab Markets
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Bahri reports 20% YoY higher profit in H1-24 Financial Results
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CBE auctions EGP 60bn debt instruments on Sunday Banking and Finance
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Knowledge Economic City’s losses leap 265% in H1-24 Financial Results
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Tibbiyah’s board approves CEO resignation Management Decisions
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TASI shrinks 0.62% on Thursday; NomuC rises 0.31% Trading Activities
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Japan-based Sharp, Elaraby Group ink $50m deal Companies Investments
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Balady Poultry posts 79% YoY higher profits in H1-24 Financial Results
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UAB’s H1-24 net profits jump 15% Financial Results
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Saudi mega development project NEOM achieves progress in infrastructure Macroeconomics
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Mashreq Bank leads $3.2bn sustainability-linked funding round for GEMS Education Banking and Finance
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International Markets
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