Top News

2 July 2025 07:15 PM Oriental Weavers launches world’s 1st phygital carpet retail store in Egypt

Cairo - Mubasher: Oriental Weavers has unveiled the OW Haptech store in Mivida, New Cairo, marking the first-ever phygital carpet retail store globally. The store combines physical product exploration with interactive digital technologies, setting …

Companies Investments

2 July 2025 05:33 PM Etihad Airways expands global network with 3 new destinations

UAE - Mubasher: Etihad Airways added three new destinations to its network in line with its global expansion strategy, according to a press release. The airline will launch flights to Krakow in Poland during December 2025, Salalah in Oman during …

Companies Investments

2 July 2025 05:01 PM PetroApp closes $50m fund round to accelerate global expansion; IPO plans unveiled

Riyadh - Mubasher: Saudi digital fuel and fleet management platform PetroApp has concluded a $50 million investment round led by Jadwa Investment through its GCC Diversified Private Equity Fund. Bunat Ventures also participated in the fundraising …

Initial Public Offerings

2 July 2025 04:24 PM Cityscape Global 2025 to launch in Riyadh in November

Riyadh – Mubasher: Cityscape Global, the largest real estate exhibition, is set to kick off in Riyadh during 17-20 November 2025, according to a press release. Held under the theme ‘The Future of Urban Living’, the event is sponsored by the …

Global Economy

2 July 2025 03:56 PM Saudi PIF tops GCC funds on Global SWF assessment

Riyadh – Mubasher: Saudi Public Investment Fund (PIF) led the GCC funds, which manage $5.90 trillion in assets, recording a score of 100% this year, according to Global SWF’s governance, sustainability, and resilience (GSR) report. The fund, which …

Banking and Finance

2 July 2025 01:34 PM KAPSARC launches 1st brand refresh since 2016

Riyadh - Mubasher: The King Abdullah Petroleum Studies and Research Center (KAPSARC) has announced its first brand rebranding since its establishment in 2016. This marks a pivotal step in the center’s evolution as a leading advisory think tank in …

Companies Investments

2 July 2025 10:19 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 as of 1 July …

Mutual Funds

1 July 2025 02:04 PM Ericsson launches new regional HQ in Riyadh

Riyadh – Mubasher: Ericsson has inaugurated its new regional headquarters (HQ) in Riyadh, supporting its operations across the Middle East and Africa (MEA) region, according to a press release. The event addressed the evolution of network …

Companies Investments

1 July 2025 10:11 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 as of 30 June …

Trading Activities

30 June 2025 07:45 PM Dubai-based Autoworld invests AED 45m in Jafza facility to drive regional growth

Dubai - Mubasher: Autoworld International FZCO, the regional distributor for India’s Bajaj Auto, plans to establish a new logistics and distribution hub in the Jebel Ali Free Zone (Jafza), with total investments of AED 45 million. The …

Global Economy

30 June 2025 00:27 PM Multiply Group sells PAL Cooling Holding to Tabreed, CVC DIF for AED 3.8bn

Abu Dhabi - Mubasher: Multiply Group entered into an agreement to monetize 100% of its shares in PAL Cooling Holding for a consortium comprising National Central Cooling Company (Tabreed) and CVC DIF. The transaction, valued at approximately AED …

Companies Investments

30 June 2025 10:45 AM Prices of investment funds including certificates in EGP

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 as of 29 June …

Global Economy

26 March 2025 04:16 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 …

Mutual Funds

29 June 2025 06:44 AM Air Arabia, Saudia announce new routes in Russia

Mubasher: Air Arabia and Saudia have expanded their operations in Russia to enhance global connectivity, according to press releases. The Emirati low-cost airline inaugurated its new route to Sochi with a frequency six weekly flights, marking the …

Companies Investments

29 June 2025 06:40 AM Italy’s Pronur enters Saudi Arabia to boost energy sector

Riyadh – Mubasher: Italy-based Pronur has launched its business in Saudi Arabia to advance renewable energy solutions across the Kingdom, according to a press release Established in 2021, Pronur works with major local and global entities, …

Companies Investments

26 June 2025 02:15 PM Deloitte Middle East, AWS unveil $1bn expansion plans to boost digital transformation

Mubasher: Deloitte Middle East and Amazon Web Services (AWS) rolled out plans to deliver $1 billion worth of services by 2030, accelerating digital transformation across the Middle East, according to a press release. Both parties will inject …

Companies Investments

26 June 2025 00:08 PM AI-powered idea-L secures $1m oversubscribed pre-seed to expands business in Middle East

UAE – Mubasher: Dubai-based AI-powered platform for idea realization platform (IRP) idea-L, has closed an oversubscribed $1 million pre-seed round, according to a press release. Led by a wide syndicate of investment angels, the transaction …

Companies Investments

26 June 2025 11:25 AM Tesla inaugurates 1st center in Saudi Arabia amid increasing demand for EVs

Riyadh-Mubasher: Tesla has opened its first center in Saudi Arabia to meet the Kingdom's growing demand for electric vehicles (EVs) and support its commitment to sustainable transportation. Located in Riyadh on Takhassousi Rd, the Tesla center …

Global Economy

25 June 2025 03:56 PM Mashreq Bank inaugurates office in Turkey to expand global presence

Dubai – Mubasher: Mashreq Bank has opened its representative office in Turkey as a part of its commitment to supporting Turkish financial institutions and corporates. The UAE-based lender has an effective role in channeling risk capacity and …

Companies Investments

25 June 2025 06:56 AM Related secures $8m investment from Saudi Equivator to fuel MENA expansion

Mubasher: UAE-based loyalty and rewards company Related has secured an $8 million investment from Saudi premier alternative asset management firm Equivator, according to a press release. Related will use the new capital to support the launch of …

Companies Investments

25 June 2025 06:44 AM Altery scales financial services in MENA via DFSA license

Mubasher: Altery MENA Limited, a subsidiary of UK-based fintech Altery Limited, secured a regulatory license from the Dubai Financial Services Authority (DFSA), according to a press release. This move supports Altery’s global strategy to establish …

Companies Investments

25 June 2025 06:31 AM Aldar upgraded to ‘A’ rating in MSCI ESG Rating assessment

Abu Dhabi – Mubasher: Aldar Properties entered the top quartile of MSCI ESG Rating, ranking among global real estate companies after securing an upgrade to ‘A’ rating in the latest assessment, according to a press release. The rating aligns with …

Global Economy

24 June 2025 04:05 PM Burjeel Holdings supports regional growth via AED 170m acquisition deal

Abu Dhabi - Mubasher: Burjeel Holding has acquired the Medeor 24x7 Hospital building in Dubai for AED 170 million, according to a press release. The acquisition aligns with the group’s long-term strategy to enhance operational control, reduce …

Global Economy

24 June 2025 01:00 PM Jadwa acquires majority stake in Saudi retailer Makhazen Alenaya

Riyadh – Mubasher: Jadwa Investment has acquired a majority stake in Makhazen Alenaya through its flagship blind-pool vehicle, Jadwa GCC Diversified Private Equity Fund, according to a press release. The transaction marks Jadwa’s fourth investment …

Companies Investments

24 June 2025 00:37 PM Prices of investment funds including certificates in EGP

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 as of 23 June …

Companies Investments

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