Top News

8 April 2025 05:08 PM Top MENA PMIs for March 2025 – Recap

Mubasher: The Purchasing Managers’ Index (PMI) data for the UAE and Saudi Arabia indicated the above the neutral 50 level in March 2025, while Egypt reflected a decline compared to February data, according to a report by Emirates NBD Research. The …

Global Economy

8 April 2025 04:14 PM Trump tariffs affect home insurance premiums through rising costs –GlobalData

Global Markets brief

8 April 2025 01:02 PM MENA-focused SRMG launches venture SRMG Media Solutions

Riyadh – Mubasher: Saudi Research and Media Group (SRMG) has launched SRMG Media Solutions (SMS), a next-generation, data-driven media solutions company. The newly launched venture is designed to deliver innovative and results-focused advertising …

Companies Investments

8 April 2025 06:37 AM Prices of investment funds including certificates in EGP, USD

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

7 April 2025 05:40 PM Tariffs should have modest impact on MENAT region – Report

Goods and Metals

7 April 2025 03:22 PM Stournaras says Trump’s tariffs could adversely impact Eurozone growth

Currencies

7 April 2025 00:45 PM Prices of investment funds including certificates in EGP, USD

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 …

Banking and Finance

6 April 2025 01:52 PM ADES Holding enters Brazilian market via SAR 319m agreement

Riyadh – Mubasher: ADES Holding Company has entered a charter agreement for its premium jackup rig, Admarine 511, with Constellation Oil Services Holding to execute a contract for Petrobras in Brazil. This agreement marks the Saudi group’s entry …

Companies Investments

6 April 2025 07:22 AM Al Arabia, Multiply Group to derive global expansion in advertising sector

Mubasher: Arabian Contracting Services Company (Al Arabia) and Multiply Group's media vertical teamed up to create a joint venture (JV) to invest in the global out-of-home (OOH) advertising sector. The 90-day memorandum of understanding (MoU) will …

Global Economy

3 April 2025 09:44 PM As US tariffs announced, EBA publishes new banks-related reports

Global Reports

3 April 2025 07:42 PM Al Ansari Exchange closely monitoring global currency markets amid new US tariffs

Dubai – Mubasher: Al Ansari Exchange, the subsidiary of Al Ansari Financial Services, stated that it is closely monitoring global currency markets following the recent US tariff announcements by President Donald Trump, according to a press …

Global Economy

3 April 2025 03:22 PM US stocks plummet on Thursday amid tariffs-driven recession fears

Global Indices

3 April 2025 00:45 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 …

Companies Investments

2 April 2025 04:15 PM Uber, WeRide partner with RTA to bring autonomous vehicles to Dubai

UAE – Mubasher: Uber Technologies and WeRide have teamed up with Dubai’s Road and Transport Authority (RTA) for autonomous vehicles (AVs), yet more details on the launch and next steps for the AVs pilot in Dubai will be announced in the coming …

Companies Investments

2 April 2025 03:52 PM Ayan Capital secures up to GBP 25m financing, aims to become UK leader in Islamic banking

Mubasher: Ayan Capital, a fast-growing provider of halal vehicle financing, has raised up to GBP 25 million in Sharia-compliant financing facility from institutional debt provider Partners for Growth (PFG). The investment reflects the rising …

Sukuk and Islamic Finance

2 April 2025 01:14 PM EDGNEX by DAMAC acquires Finland’s Hyperco in step with driving success in region

UAE – Mubasher: EDGNEX Data Centers by DAMAC unveiled the takeover of Finland-founded data centre company, Hyperco. The acquisition contributes to the region's evolving data center landscape, creating new jobs and promoting economic development, …

Global Economy

1 April 2025 06:51 PM Global firm EXP announces partnership with oil-focused Al Suwaiket

Riyadh – Mubasher: EXP, a global engineering, architecture, design and consulting firm has teamed with Al Suwaiket Group, a leader in supplying products and services to the oil and gas industry, for projects in Saudi Arabia. The EXP Al Suwaiket …

Companies Investments

31 March 2025 00:42 PM Region-focused Reynaers Middle East completes iconic project in Iraq

Mubasher: International aluminium solutions provider Reynaers Middle East has successfully completed the World Heart Hotel and Mall in Iraq, according to a press release. The project, which is located in Baghdad, features panoramic design that …

Global Economy

30 March 2025 03:54 PM Bitpanda obtains VARA licence as beginning of expansion beyond Europe

UAE – Mubasher: Bitpanda, a virtual assets platform, has secured a Broker-Dealer licence from the Dubai Virtual Assets Regulatory Authority (VARA), obtaining approval in record time. This step marks the beginning of the company’s expansion beyond …

Companies Investments

30 March 2025 02:37 PM Agility Global generates $4.5bn revenue, $128m earnings in 2024; dividends unveiled

Abu Dhabi – Mubasher: Agility Global, a multi-business owner and operator with a global footprint in more than 70 countries, announced net profits worth $128 million, representing 1.25% per share, registered in 2024. The revenue increased by …

General Assembly

30 March 2025 00:27 PM Arab Energy Fund records highest-ever net income amid $10.9bn total assets in 2024

Mubasher: The Arab Energy Fund, formerly known as APICORP, achieved a record performance in 2024 with the highest-ever net income that was driven by strong asset growth across all business lines, increased efficiencies, and a favourable interest …

Financial Results

27 March 2025 03:42 PM Wall Street's indexes plummet; auto tariffs seen as negotiation tool

Global Reports

27 March 2025 03:09 PM US stocks trim losses as investors weigh Trump's auto tariffs

Global Reports

27 March 2025 02:22 PM UAE-based healthtech Valeo Health fuels GCC expansion plans via $12m funding

UAE – Mubasher: Valeo Health, a leader in AI-driven healthcare, has raised $12 million in its Series B funding round, bringing its total funding raised to $20 million to date, according to a press release. The fundraising transaction was led by …

Companies Investments