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9 March 2025 10:11 AM MENA-focused PayTabs Group fully takes over PayTabs Egypt
Cairo – Mubasher: PayTabs Group has acquired a 51% stake in PayTabs Egypt from EFG Finance, an EFG Holding company, according to a recent press release The transaction aligns with the group’s long-term strategy to bolster digital transformation …
Global Economy
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9 March 2025 09:44 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 the Investment Funds as well as the price of each certificate in EGP, except …
Global Economy
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9 March 2025 06:49 AM Palm Hills unveils EGP 3.2bn consolidated profits in 2024, regional expansion plans
Cairo – Mubasher: Palm Hills Developments Company registered 106% higher consolidated net profits after tax and minority interest at EGP 3.25 billion in 2024, compared to EGP 1.58 billion. Earnings per share (EPS) increased to EGP 1.12 last year …
Real estate
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6 March 2025 10:57 AM 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
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5 March 2025 01:52 PM Top MENA PMIs for February 2025 – Recap
Mubasher: The Purchasing Managers’ Index (PMI) data for the UAE, Saudi Arabia, and Egypt indicated the above the neutral 50 level while showing downward performance for February 2025, according to a report by Emirates NBD Research. The S&P Global …
Macroeconomics
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5 March 2025 10:16 AM 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
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4 March 2025 02:21 PM DAMAC Properties joins ADIB to facilitate home ownership for UAE residents
Abu Dhabi – Mubasher: Abu Dhabi Islamic Bank (ADIB) has teamed up with DAMAC Properties to introduce a home financing solution enabling UAE residents to secure financing for off-plan properties once construction reaches 35% completion. This makes …
Real estate
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4 March 2025 09:25 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
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3 March 2025 01:13 PM SC Ventures, Visa sign MoU to back MENA’s SMEs ecosystem
Mubasher: SC Ventures joined forces with Visa to develop solutions aimed at supporting small and medium-sized enterprises (SMEs) across the MENA region, according to a press release. The two parties signed the memorandum of understanding (MoU) at …
Global Economy
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3 March 2025 11:25 AM 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
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3 March 2025 07:23 AM Ooredoo appoints Acting CEO for Oman
Mubasher: National Mobile Telecommunications Company (Ooredoo) named Saoud Hamad Al Riyami as Acting CEO of Ooredoo Oman, effective from 27 February 2025. The new official succeeded Bassam Yousef Al Ibrahim following the completion of his tenure, …
Corporate Actions
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27 February 2025 04:30 AM Parkin, UITP join forces to advance parking solutions globally
Dubai – Mubasher: Parkin Company has entered into a partnership with UITP, the International Association of Public Transport, to improve parking management in urban areas globally. The two entities will join forces to advance parking solutions, …
Companies Investments
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26 February 2025 08:35 AM Flow48 fuels MENA’s expansion plans via $69m Series A funding
UAE – Mubasher: Leading fintech Flow48 has closed a $69 million Series A funding round in a mix of debt and equity, according to a press release. Led by Breega, the fundraising transaction has seen further investments from 212, Speedinvest, …
Global Economy
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26 February 2025 07:58 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
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26 February 2025 05:36 AM MENA-focused SaaS provider Journify secures $4m funding round
UAE – Mubasher: Dubai-based SaaS provider Journify has secured $4 million in a funding round, led by Silicon Badia, with participation from RZM and other strategic investors, according to a press release. This investment will enable Journify to …
Companies Investments
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25 February 2025 01:06 PM Basata raises equity in Jordan’s Madfoatcom to expand regional business
Cairo – Mubasher: Egypt-based fintech Basata Holding for Financial Payments has reinforced its position in Jordan by acquiring an additional stake in MadfoatCom, according to a press release. Basata increased its shareholding in MadfoatCom to 25% …
Mergers and Acquisitions
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25 February 2025 09:23 AM B Capital expands business in Middle East via new office in Qatar
Mubasher: B Capital, a global multi-stage technology investment firm focused on enterprise, fintech, healthcare, and climate sectors, established a new office in Qatar. Located in Doha, the new office backs the company’s expansion plans into the …
Global Economy
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25 February 2025 08:41 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 …
Companies Investments
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24 February 2025 07:33 PM AD Ports’ Noatum Maritime, Erkport launch JV for global Ro-Ro logistics transportation
Abu Dhabi – Mubasher: Noatum Maritime, part of AD Ports Group, has established a new joint venture (JV) with Turkish company Erkport, according to a press release. Noatum Maritime, the largest provider of diversified maritime services in the …
Companies Investments
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24 February 2025 08:48 AM Prices of investment funds including certificates in EGP
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, as of 23 …
Mutual Funds
Arab Energy Fund and Systems Arabia
23 February 2025 10:01 PM Arab Energy Fund supports corporate banking through collaboration with Systems Arabia
Riyadh – Mubasher: The Arab Energy Fund, formerly known as APICORP, recently announced the successful implementation of the Temenos Arrangement Architecture Consumer Lending and Facilities Lending solution by Systems Arabia, according to a press …
Global Economy
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23 February 2025 08:45 PM AstroLabs unveils e-book to bridge global IT firms within Saudi sector
Riyadh – Mubasher: AstroLabs, the Gulf’s leading business expansion platform, has launched the Saudi IT Project Insider e-book to bridge global IT firms to the latest opportunities in Saudi Arabia’s IT sector, according to a press release. The IT …
Global Economy
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23 February 2025 01:03 PM More details unveiled about Egypt’s largest wind farm by ACWA Power
Riyadh – Mubasher: ACWA Power will be carrying out the largest wind farm in Egypt with a significant investment of approximately $2.30 billion, according to a press release. The new project is surpassing the company's existing 1.1 GW Suez Wind …
Companies Investments
Abu Dhabi Islamic Bank
23 February 2025 00:24 PM ADIB inaugurates next-gen universal branch as part of vision 2035
Abu Dhabi – Mubasher: Abu Dhabi Islamic Bank (ADIB) has opened its latest flagship branch in Dubai as part of ADIB’s strategic expansion plan in the emirate. The banking facility is located at The Village Mall in Jumeirah 1, marking ADIB’s 18th …
Banking and Finance
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20 February 2025 06:33 PM JIT Trading intends to invest additional $15m in Egypt to meet growing consumer demand
Cairo – Mubasher: JIT Trading and Distribution has announced an expansion plan to inject an additional $15 million into the Egyptian market during 2025, according to a press release. JIT Trading is the authorised distributor for Huawei, Nokia, and …
Global Economy