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13 April 2025 09:14 AM Multiply Group, SMC join forces to accelerate media growth in MENA
Abu Dhabi – Mubasher: Multiply Group has inked a memorandum of understanding (MoU) with Saudi Media Company (SMC) to develop an advanced advertising technology (AdTech) platform. The partnership aims to drive innovation in AI-powered advertising …
Global Economy
UAE Ministry of Finance
11 April 2025 00:53 AM UAE Cabinet issues decision on non-residence’s nexus linked to corporate tax law
UAE – Mubasher: The UAE Ministry of Finance has announced a new decision that specifies the cases in which a non-resident juridical investor in a Qualifying Investment Fund (QIF) or Real Estate Investment Trust (REIT) is considered to have a nexus …
Law
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10 April 2025 09:10 PM Al Wahedi assumes 7X Group CEO position for more growth
UAE – Mubasher: 7X, an investment and holding group in the trade, transport, and logistics sectors, has appointed Tariq Ahmed Al Wahedi as its new Group CEO, following board approval. The appointment comes as part of the group’s evolution as well …
Global Economy
10 April 2025 07:32 PM Goldman Sachs lowers growth forecasts for China on tariff effect
Global Reports
10 April 2025 05:57 PM India hopes quick trade deal with US after tariffs halt
Global Markets brief
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10 April 2025 03:45 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 …
Trading Activities
Murat Atıcı, CEO of Bimser
10 April 2025 07:08 AM Bimser fuels MENA’s expansion via Dubai office
Mubasher: Turkish enterprise software company Bimser has officially opened its new regional office in Dubai, deepening its presence across the MENA region, according to a press release. The Dubai office will serve as a marketing and sales hub for …
Companies Investments
9 April 2025 07:58 PM Large technology stocks lead gains amid US-China tariff conflict
Global Indices
8 April 2025 09:53 PM Tariffs might stir inflation fears in US, offer industry gains
Global Markets brief
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8 April 2025 08:08 PM Top MENA PMIs for March 2025 – Recap
Mubasher: The Purchasing Managers’ Index (PMI) data for the UAE and Saudi Arabia indicated the above the neutral 50 level in March 2025, while Egypt reflected a decline compared to February data, according to a report by Emirates NBD Research. The …
Macroeconomics
8 April 2025 07:14 PM Trump tariffs affect home insurance premiums through rising costs –GlobalData
Global Markets brief
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8 April 2025 04:02 PM MENA-focused SRMG launches venture SRMG Media Solutions
Riyadh – Mubasher: Saudi Research and Media Group (SRMG) has launched SRMG Media Solutions (SMS), a next-generation, data-driven media solutions company. The newly launched venture is designed to deliver innovative and results-focused advertising …
Companies Investments
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8 April 2025 09:37 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 …
Global Economy
7 April 2025 08:40 PM Tariffs should have modest impact on MENAT region – Report
Goods and Metals
7 April 2025 06:22 PM Stournaras says Trump’s tariffs could adversely impact Eurozone growth
Currencies
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7 April 2025 03:45 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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6 April 2025 04:52 PM ADES Holding enters Brazilian market via SAR 319m agreement
Riyadh – Mubasher: ADES Holding Company has entered a charter agreement for its premium jackup rig, Admarine 511, with Constellation Oil Services Holding to execute a contract for Petrobras in Brazil. This agreement marks the Saudi group’s entry …
Companies Investments
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6 April 2025 10:22 AM Al Arabia, Multiply Group to derive global expansion in advertising sector
Mubasher: Arabian Contracting Services Company (Al Arabia) and Multiply Group's media vertical teamed up to create a joint venture (JV) to invest in the global out-of-home (OOH) advertising sector. The 90-day memorandum of understanding (MoU) will …
Companies Investments
4 April 2025 00:44 AM As US tariffs announced, EBA publishes new banks-related reports
Global Markets brief
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3 April 2025 10:42 PM Al Ansari Exchange closely monitoring global currency markets amid new US tariffs
Dubai – Mubasher: Al Ansari Exchange, the subsidiary of Al Ansari Financial Services, stated that it is closely monitoring global currency markets following the recent US tariff announcements by President Donald Trump, according to a press …
Trade
3 April 2025 06:22 PM US stocks plummet on Thursday amid tariffs-driven recession fears
Global Indices
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3 April 2025 03:45 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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2 April 2025 07:15 PM Uber, WeRide partner with RTA to bring autonomous vehicles to Dubai
UAE – Mubasher: Uber Technologies and WeRide have teamed up with Dubai’s Road and Transport Authority (RTA) for autonomous vehicles (AVs), yet more details on the launch and next steps for the AVs pilot in Dubai will be announced in the coming …
Companies Investments
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2 April 2025 06:52 PM Ayan Capital secures up to GBP 25m financing, aims to become UK leader in Islamic banking
Mubasher: Ayan Capital, a fast-growing provider of halal vehicle financing, has raised up to GBP 25 million in Sharia-compliant financing facility from institutional debt provider Partners for Growth (PFG). The investment reflects the rising …
Global Economy
EDGNEX by DAMAC
2 April 2025 04:14 PM EDGNEX by DAMAC acquires Finland’s Hyperco in step with driving success in region
UAE – Mubasher: EDGNEX Data Centers by DAMAC unveiled the takeover of Finland-founded data centre company, Hyperco. The acquisition contributes to the region's evolving data center landscape, creating new jobs and promoting economic development, …
Global Economy