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13 February 2025 07:31 PM Mobily unveils over SAR 3.4bn investment during LEAP 2025 to support Saudi digital infrastructure
Riyadh – Mubasher: Technology, media, and telecommunications (TMT) company Etihad Etisalat Company (Mobily), recently announced an investment of $905 million, equivalent to more than SAR 3.40 billion, in data centres and submarine cables. The …
Global Economy
UAE Ministry of Finance
13 February 2025 06:39 PM UAE Cabinet issues decision on multinational top-up tax for businesses
UAE – Mubasher: The UAE Ministry of Finance recently announced the issuance of Cabinet Decision No. 142 of 2024 which covers the introduction of the top-up tax for multinational enterprises, providing further details on the UAE Domestic Minimum …
Law
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13 February 2025 05:56 PM Ericsson concludes LEAP 2025 participation in line with mobile network expansion for Beyon’s subsidiary
Riyadh – Mubasher: Ericsson has showcased its technologies and innovation leadership under the theme ‘Step Forward: Discover the Unfolding Future’ at LEAP 2025, which concluded on 12 February at the Riyadh Exhibition and Convention Center. The …
Event
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28 May 2025 00:54 PM Dubai Residential REIT becomes largest listed REIT in GCC via DFM debut
UAE – Mubahser: Dubai Residential REIT, a Shariah-compliant income-generating closed-ended real estate investment fund, commenced trading its shares on the Dubai Financial Market (DFM) under the symbol ‘DUBAIRESI’. Dubai Residential REIT, one of …
Initial Public Offerings
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28 May 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, except for the …
Mutual Funds
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28 May 2025 09:10 AM GFH, Kuwait-based real estate firm Al Tijaria to foster GCC logistics sector
Mubasher: GFH Capital, a Saudi subsidiary of GFH Financial Group, partnered with Kuwait-based real estate firm The Commercial Real Estate Company (Al Tijaria) to expand business in the warehousing and logistics sector across Saudi Arabia and the …
Companies Investments
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13 February 2025 00:50 AM Elm joins forces with Lean Business Services at LEAP 2025 to advance digital transformation
Riyadh – Mubasher: Elm Company has signed a memorandum of understanding (MoU) with Lean Business Services to strengthen Saudi Arabia's healthcare sector and related industries through a wide array of innovative digital services and products. The …
Event
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12 February 2025 11:54 PM LG Electronics becomes direct B2B partner of Saudi ICT provider GAPP upon MoU at LEAP 2025
Riyadh – Mubasher: Global tech manufacturer LG Electronics has announced a memorandum of understanding (MoU) during the LEAP 2025 event with Gulf Applications (GAPP), a provider of innovative ICT and technical solutions in Saudi Arabia to supply …
Global Economy
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12 February 2025 09:49 PM Elm to raise ownership in Smart National Solutions upon sheet signed during LEAP 2025
Riyadh – Mubasher: Digital solutions provider Elm Company has signed a preliminary term sheet to increase its ownership in Smart National Solutions (SNS) to 40%, according to a press release. This strategic move, which was announced on the …
Global Economy
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12 February 2025 11:01 AM Madkhol, lite secure funding rounds at LEAP 2025
Riyadh – Mubasher: Madkhol Capital, a fintech company specialised in Robo advisory, raised $2.20 million in a Seed investment round led by numu Angels Investment Community, Saudi Gazette reported. The fundraising transaction was announced on the …
Global Economy
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12 February 2025 10:05 AM LAHINT closes $1m pre-seed funding round at LEAP 2025
Riyadh – Mubasher: Saudi Arabia-based LAHINT e-services platform has closed a $1 million pre-seed funding round from undisclosed investors on the second day of the LEAP 2025 tech conference in Riyadh. Founded in 2023, LAHINT will use the funding …
Companies Investments
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27 May 2025 11:32 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, except for the …
Bankruptcy
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27 May 2025 10:15 AM Aspen boosts regional expansion via HQ in Riyadh
Riyadh – Mubasher: Aspen Pharmacare Holdings Limited, a global speciality and branded multinational pharmaceutical company, launches a new regional headquarters (HQ) in Riyadh, according to a press release. The Saudi expansion followed a series of …
Companies Investments
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11 February 2025 09:15 PM Elm aims to leverage LEAP 2025 reputation as global platform while partaking as Strategic Sponsor
Riyadh – Mubasher: Elm Company is demonstrating its wide range of cutting-edge platforms and innovations as a strategic sponsor of LEAP 2025 while aiming to leverage the event’s robust reputation as a global platform that attracts creative minds …
Event
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11 February 2025 09:14 PM NWC pens 3 MoUs at LEAP 2025 to drive digital transformation
Riyadh – Mubasher: The National Water Company (NWC) inked three memoranda of understanding (MoU) with several leading global and local firms on the sidelines of the LEAP 2025 tech conference in Riyadh. The deals aim to enhance digital …
Event
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11 February 2025 08:27 PM SAL inks MoU with stc following agreement with Saudi MDA at LEAP 2025
Riyadh– Mubasher: SAL Saudi Logistics Services Company has signed a memorandum of understanding (MoU) with Saudi Telecom Company (stc) at the LEAP 2025 conference. The joint agreement aims at bringing innovative AI-based and Internet of Things …
Event
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11 February 2025 08:15 PM LEAP 2025 continues groundbreaking deals with over $7.5bn in tech, AI investments
Riyadh – Mubasher: The global tech event LEAP 2025 witnessed a series of groundbreaking investments exceeding $7.50 billion in data centers, submarine, and fiber-optic cable networks. These investments are focused on enhancing digital …
Global Economy
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11 February 2025 07:42 PM Equinix launches $1bn cloud computing data centre at LEAP 2025
Riyadh – Mubasher: US-based digital infrastructure company Equinix has launched a $1 billion cloud computing data centre in Saudi Arabia on the sidelines of the LEAP 2025 tech conference in Riyadh. This year's edition witnessed the participation …
Global Economy
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11 February 2025 07:20 PM Investment funds unveil $695m plans at LEAP 2025
Riyadh – Mubasher: Six investment funds jointly plan to inject $695 million to support emerging companies, AI technologies, electronic games, and innovation solutions. The announcement was made during the fourth edition of the LEAP …
Global Economy
Tawuniya and MoneyHash at LEAP 2025
11 February 2025 06:28 PM Tawuniya selects Egyptian startup MoneyHash for strategic partnership at LEAP 2025
Riyadh – Mubasher: The Company for Cooperative Insurance (Tawuniya) has entered into a strategic partnership with Egyptian fintech MoneyHash at the LEAP 2025 in the capital of Saudi Arabia. The collaboration aims to optimise Tawuniya’s payment …
Companies Investments
Saudi Business Machines (SBM)
11 February 2025 05:18 PM SBM showcases AI solutions for enterprises across different sectors at LEAP 2025
Riyadh – Mubasher: Saudi Business Machines (SBM) is featuring a suite of open-source generative AI solutions specifically designed to address the unique needs of businesses across various sectors during its participation in LEAP 2025 in the Saudi …
Companies Investments
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11 February 2025 03:00 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 …
Global Economy
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11 February 2025 10:41 AM Ericsson, Mobily pen agreement at LEAP 2025 to drive digital ecosystem
Riyadh – Mubasher: Ericsson and Etihad Etisalat Company (Mobily) signed a memorandum of understanding (MoU) at the LEAP 2025 event to explore intent-driven autonomous networks. The two companies will review the development of advanced network …
Companies Investments
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11 February 2025 10:17 AM IBM, Lenovo expand partnership to scale AI services at LEAP 2025
Riyadh – Mubasher: IBM and Lenovo expanded their strategic technology partnership to scale the impact of generative AI for clients in Saudi Arabia, according to a press release. The announcement came on the sidelines of the fourth edition of the …
Global Economy
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10 February 2025 07:43 PM Elm forges partnerships with Salam, Klues.AI at LEAP 2025
Riyadh – Mubasher: Elm Company signed partnership agreements with Etihad Salam Telecom Company and Klues.AI on the sidelines of the fourth edition of the LEAP conference, according to a press release. Elm and Salam will join forces to deliver …
Event