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24 February 08:01 PM
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Presight-Shorooq $100m AI Fund backs five startups in 3 months

UAE - Mubasher: The Presight-Shorooq Fund I, a $100 million global AI innovation fund, has invested in five AI startups across the US and UAE in its first quarter (Q1) of operations. The fund targets high-potential AI companies led by experienced …
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Prices of investment funds including certificates in EGP, USD
Al Habtoor Group
Al Habtoor issues statement on international arbitration in Washington
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Marafiq secures regional, global financing for $500m Amiral wastewater treatment project
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Prices of investment funds including certificates in EGP, USD
Air Traffic Control Tower
Passenger traffic in Middle East likely to exceed 240m in 2026 – Report
Palestine Arab Global Commodities
AL-QUDS
621.19 -0.26% -1.62
Volume 661,211 Turnover 3,061,081 No. of Trades: 75
5 Down 4 Flat 4 Up
No. of Traded Stocks : 13
Last Update: 5 January 01:00 PM
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Presight-Shorooq $100m AI Fund backs five startups in 3 months Companies Investments
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Prices of investment funds including certificates in EGP, USD Mutual Funds
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Al Habtoor Group
Al Habtoor issues statement on international arbitration in Washington Corporate Actions
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Photo Archive
Marafiq secures regional, global financing for $500m Amiral wastewater treatment project Banking and Finance
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Photo Archive
Prices of investment funds including certificates in EGP, USD Mutual Funds
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Jazeera Airways
Jazeera Airways introduces option to lower barriers for traveling through agile digital innovation Global Economy
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Air Traffic Control Tower
Passenger traffic in Middle East likely to exceed 240m in 2026 – Report Macroeconomics
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Mashreq prices $500m additional bond offering; MENA investors represent majority of orderbook Banking and Finance
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Lumi boosts regional mobility network with new branch in Qassim Companies Investments
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Emirates NBD expands precious metals offering with branded silver bars Global Economy
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Mubasher Exclusive
MSFT is testing pivotal resistance level after rebounding – Analysis
MSFT is testing pivotal resistance level after rebounding – Analysis Global Economy
NBE's branch inauguration in Riyadh
NBE eyes further expansion in Gulf countries — Elsafty Global Economy
Saudi Arabia plays central role in region's economic growth — NBE’s Deputy CEO
Saudi Arabia plays central role in region's economic growth — NBE’s Deputy CEO Global Economy
Yehia Aboulfotouh, Deputy Chairman of NBE
NBE among 1st banking institutions to open branch in KSA — Aboulfotouh Global Economy
Cross-listed Orascom Construction stock retests important resistance – Analysis
Cross-listed Orascom Construction stock retests important resistance – Analysis Stock Evaluations
What could be next target for Gold after hitting new historical peak?
What could be next target for Gold after hitting new historical peak? Global Economy
Platinum is experiencing correction after hitting new historic peak – Analysis
Platinum is experiencing correction after hitting new historic peak – Analysis Global Economy
Cross-listed Orascom Construction is testing significant support level – Analysis
Cross-listed Orascom Construction is testing significant support level – Analysis Trading Activities
Fahad Alnaeem, the CEO of the Saudi Industrial Development Fund (SIDF) Investment Company
SIDF plans to increase number of factories in Saudi Arabia – CEO Alnaeem at Biban Macroeconomics
Yousif Al Nefaiei, Deputy Chief Executive at Benefit
BenefitPay’s transactions to exceed BHD 30bn by 2025-end – Al Nefaiei at FF25 Global Economy
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Islamic Finance
Arab Energy Fund listing on Nasdaq Dubai
Arab Energy Fund lists $500m Sukuk on Nasdaq Dubai; order book surpasses $1.6bn Global Economy
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stc concludes $2bn Sukuk offering Sukuk and Islamic Finance
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Riyad Bank, Al Rajhi Bank, stc intend to offer dollar-denominated issuance Banking and Finance
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MESC obtains SAR 150m facility from Alinma Bank Banking and Finance
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Mayar Holding’s units pen SAR 88m financing with SAB Banking and Finance
Boursa Kuwait
Boursa Kuwait boosts capital market position for regional financial activity via MoU with TISE group Global Economy
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SMC Healthcare inks agreement with BLME Capital for SAR 413m real estate fund Banking and Finance
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Qassim Cement secures SAR 1.5bn credit facility from SNB Banking and Finance
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Fitch assigns ‘B+’ rating to Gulf Navigation’s AED 612m Sukuk issuance Sukuk and Islamic Finance
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Tamweel issues Middle East’s 1st Mudaraba Sukuk to finance EGP 5.5bn acquisition deal Sukuk and Islamic Finance
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Arab Markets
EBank
EBank closes 2025 with 16% higher consolidated profits Banking and Finance
Telecom Egypt’s stock maintains bullish trend after pullback
Telecom Egypt’s stock maintains bullish trend after pullback Trading Activities
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CIB starts due diligence on HSBC’s retail banking portfolio Corporate Actions
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DTC logs 7% higher profits in 2025; dividend for H2 approved Cash Dividends
Bonyan for Development and Trade
Bonyan’s net profits hit EGP 2bn in 2025 Financial Results
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Presight-Shorooq $100m AI Fund backs five startups in 3 months Global Economy
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Jamjoom Pharma’s profits surge 30% in 2025; dividends for H2 unveiled Financial Results
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Saudi Fisheries incurs SAR 18m accumulated losses in 2025 Financial Results
Ahmed Alkhoshaibi, Group CEO of Arada and Kamal Farah, Director, ECC.
Arada awards AED 1.5bn development deal to Engineering Contracting Real estate
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MIS pens SAR 102m IT services deal with Saudi Tadawul Group Companies Investments
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International Markets
Tesla jumps, Wall St would rise after Trump statement
S&P 500, Nasdaq rises; Dow falls before Good Friday holiday
Wall St falls on Wednesday with chipmakers leading declines
Tech stocks boost Wall St after certain tariff relief
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