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4 March 2025 06:21 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 …
Banking and Finance
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4 March 2025 01:25 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
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3 March 2025 05:13 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 …
Companies Investments
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3 March 2025 03:25 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 …
Banking and Finance
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3 March 2025 11:23 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, …
Management Decisions
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27 February 2025 08:30 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 00:35 PM 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 11:58 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 09:36 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 05:06 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 01:23 PM 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 00:41 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 …
Global Economy
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24 February 2025 11:33 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 00:48 PM 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 …
Global Economy
Arab Energy Fund and Systems Arabia
24 February 2025 02:01 AM 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 …
Mutual Funds
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24 February 2025 00:45 AM 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 …
Macroeconomics
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23 February 2025 05:03 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 …
Global Economy
Abu Dhabi Islamic Bank
23 February 2025 04:24 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 10:33 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 …
Companies Investments
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20 February 2025 10:23 PM DP World facilitates 1st passenger vehicle export from Ain Sokhna Port to UAE
Cairo – Mubasher: DP World recently handled the inaugural export shipment of passenger vehicles from the Ain Sokhna Port, loaded with approximately 500 locally assembled Nissan vehicles heading to the UAE. This first export shipment marks a new …
Trade
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20 February 2025 09:32 PM Dubai Investments unveils strategic MoUs at regional meeting boosting cross-border cooperation
Dubai – Mubasher: Dubai Investments recently announced that its subsidiaries GlobalPharma and Emirates Float Glass (EFG) have signed strategic memoranda of understanding (MOUs) during the fifth Higher Committee Meeting of the Integrated Industrial …
Event
Mastercard SME Confidence Index
20 February 2025 06:21 PM Saudi SMEs show optimism towards 2025 upon Mastercard Confidence Index
Riyadh – Mubasher: Small and medium enterprises (SMEs) in Saudi Arabia are viewing 2025 with remarkable optimism that is driven by a robust embrace of digitalisation and innovative technologies, according to the third edition of the Mastercard SME …
Global Economy
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20 February 2025 03:39 PM Strategic focus on tourism empowers regional mobile operators to leverage 5G as revenue driver – Report
Mubasher: A recent study assessed the mobile user experience of inbound roamers visiting Gulf countries, which offer some of the best 5G roaming speeds globally, facilitating an enhanced digital experience for visitors. The Ookla report relied on …
Macroeconomics
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20 February 2025 01:50 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 …
Banking and Finance
Photo Archive
19 February 2025 02:48 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