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14 October 2025 00:31 PM Oqood secures $1m funding to expand AI-powered legal solutions in GCC
Dubai - Mubasher: Abu Dhabi-based legaltech startup Oqood has closed a $1 million seed funding round led by a group of angel investors to accelerate digital transformation in the legal sector. The startup will use the investment to expand across …
Global Economy
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14 October 2025 00:02 PM 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 and USD, as of 13 …
Trading Activities
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13 October 2025 02:47 PM Tabreed closes 2 largest transactions to accelerate regional growth
Dubai - Mubasher: National Central Cooling Company (Tabreed) has completed its largest-ever transactions, marking a major step in accelerating regional growth and strengthening its concession-backed business model. Tabreed, in partnership with CVC …
Mergers and Acquisitions
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13 October 2025 00:21 PM 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 and USD, as of 12 …
Mutual Funds
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13 October 2025 09:22 AM HP starts operating 1st global tech manufacturing facility in Saudi Arabia
Riyadh - Mubasher: HP has launched a new manufacturing facility in Riyadh and confirmed an AI R&D Center of Excellence (CoE) in Dhahran official opening, according to a press release. In line with the Saudi Vision 2030, these investments support …
Companies Investments
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12 October 2025 06:00 PM ADNOC L&S, TA’ZIZ to build UAE’s 1st chemicals port in Ruwais
Abu Dhabi - Mubasher: ADNOC Logistics & Services (ADNOC L&S) and TA’ZIZ have signed an agreement to establish the UAE’s first dedicated chemicals port at the TA’ZIZ Industrial Zone in Al Ruwais. Under the 50-year deal, ADNOC L&S will build, own, …
Global Economy
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12 October 2025 03:42 PM DP World, Tashkent Invest establish $288m terminal to boost regional network
Dubai - Mubasher: DP World has partnered with Tashkent Invest, a subsidiary of the Tashkent City Administration, to develop a $288 million multimodal logistics terminal over three phases. The project aims to strengthen Uzbekistan’s logistics …
Global Economy
ADNOC Distribution
7 August 2025 08:41 PM ADNOC Distribution announces robust H1-25 results with 12% net profit growth; Egypt remains core focus market
Abu Dhabi – Mubasher: ADNOC Distribution has recorded double-digit growth in its EBITDA and net profit for the first half (H1) of 2025, exceeding analyst expectations, and announced its dividend plan, according to a press release. The company …
Companies Investments
Emaar generates 34% higher net profit before tax in H1-25
6 August 2025 08:13 PM Emaar generates 34% higher net profit before tax in H1-25; property sales hit AED 46bn, Egypt boosts int'l operations
Dubai – Mubasher: Emaar Properties achieved a net profit before tax worth AED 10.40 billion ($2.80 billion) in the first half (H1) of 2025, recording a growth of 34% compared to H1-24, according to a press release. In terms of sales growth, the …
Companies Investments
Deloitte
5 August 2025 11:02 PM Deloitte Middle East introduces ME Tax Pulse as next-generation mobile app
Mubasher: Deloitte Middle East has launched ME Tax Pulse to be a next-generation mobile application designed to deliver timely, relevant, and region-specific tax insights to professionals across the region, according to a press release. The app …
Companies Investments
Abu Dhabi Islamic Bank (ADIB)
4 August 2025 11:11 PM ADIB joins Visa to expand regional real-time money movement; bank’s net profit before tax hits AED 4bn in H1-25
Abu Dhabi – Mubasher: Abu Dhabi Islamic Bank (ADIB) has partnered with Visa to launch Remit! as a new real-time cross-border money transfer service powered by Visa Direct. Under the collaboration, ADIB customers will be able to send money to more …
Global Economy
Officials of NRTC Food Holding and Al Hashemeya Farms
4 August 2025 10:02 PM GCC distributor NRTC acquires Al Hashemeya Farms in Egypt to boost regional food security
UAE – Mubasher: NRTC Food Holding, a fruits and vegetables distribution company in the GCC, has acquired Al Hashemeya Farms, located in Egypt’s Wadi El Natrun. The takeover of one of the region’s largest privately managed farming estates marks a …
Global Economy
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9 October 2025 10:47 AM PureHealth acquires Greece’s largest private healthcare group to reinforce global platform
Abu Dhabi - Mubasher: PureHealth Holding has completed the acquisition of its 60% stake in Hellenic Healthcare Group (HHG), Greece and Cyprus’s leading private healthcare provider, for a total of EUR 800 million. The transaction implies a 100% …
Mergers and Acquisitions
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9 October 2025 10:09 AM SAS launches regional HQ in Riyadh to boost MENA presence
Riyadh - Mubasher: SAS, the global leader in data and AI, has opened its new MENA headquarters (HQ) in Riyadh to foster its business in Saudi Arabia, according to a press release. The launch aligns with the company’s commitment to enabling …
Global Economy
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8 October 2025 10:35 AM World Bank lifts growth forecast for Middle East region in 2025
Mubasher: The World Bank has lifted its growth outlook for the region encompassing the Middle East, North Africa, Afghanistan and Pakistan (MENAAP) for 2025, with expected growth reaching 2.8% in 2025 and 3.3% in 2026. Nonetheless, global …
Global Economy
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8 October 2025 10:10 AM Dubai Investments to double subsidiary’s glass capacity with MENA’s 1st ultra-clear line
Dubai - Mubasher: Dubai Investments plans to double production at its wholly owned subsidiary, Emirates Float Glass (EFG), with a second float line. The new line will boost EFG’s daily capacity to 1,200 tons from 600 tons and debut MENA’s first …
Companies Investments
Founders of Engagesoft
8 October 2025 09:53 AM Saudi Engagesoft closes $3.5m pre-Series A to scale in MENA
Riyadh - Mubasher: Engagesoft, a Saudi AI-powered platform for employee engagement and organizational effectiveness, has secured $3.50 million in pre-series A funding led by Silicon Badia, according to a press release. The funding will speed up …
Companies Investments
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7 October 2025 05:26 PM Egypt’s Tagaddod secures $26m to boost regional expansion
Cairo - Mubasher: Egypt-based cleantech Tagaddod has raised $26.30 million in Series A funding led by the Arab Energy Fund (TAEF), with participation from FMO, VKAV, A15, and other returning investors. The investment will accelerate Tagaddod’s …
Global Economy
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7 October 2025 01:03 PM Blackstone, Lunate roll out $5bn GCC logistics platform
UAE - Mubasher: Blackstone, the world’s largest alternative asset manager, and Abu Dhabi's Lunate, which manages over $110 billion, joined forces to invest in logistics assets across the GCC. The partnership will form Gulf Logistics Infrastructure …
Companies Investments
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7 October 2025 00:02 PM 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 and USD, as of 6 …
Trading Activities
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7 October 2025 09:44 AM Eshraq Investments to boost regional, global footprint via acquisition of Shine
Abu Dhabi - Mubasher: Eshraq Investments signed a conditional agreement with TIL Partners SPV to acquire the entire share capital of Shine SPV 1 Limited, according to a press release. Shine owns subsidiaries in offshore support vessels, …
Mergers and Acquisitions
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6 October 2025 08:38 PM Siemens Mobility expands regional footprint with new Riyadh office
Riyadh - Mubasher: Siemens Mobility has inaugurated a new office in Riyadh to advance smart and sustainable mobility in Saudi Arabia and across the wider region. The move will boost local value, create jobs, and develop Saudi talent through …
Companies Investments
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6 October 2025 07:58 PM Hikma, Celltrion expand MENA biosimilars portfolio
Mubasher: Hikma Pharmaceuticals inked exclusive licensing deals with global biopharmaceutical leader Celltrion to commercialize six biosimilar treatments across the MENA region. The agreements will expand access to affordable biologics in …
Global Economy
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6 October 2025 01:02 PM Audi Capital, GTN partner to launch Audi Tadawul for local, global investors
Mubasher: Audi Capital has partnered with GTN, the global fintech innovator in trading and investment technology, to launch “Audi Tadawul”, a fully integrated trading platform designed to offer high-net-worth individuals, institutions, family …
Companies Investments
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6 October 2025 00:56 PM 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 and USD, as of 5 …
Global Economy