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21 January 2025 03:19 PM MENA real estate activity likely to witness increase in 2025 – Savills
Mubasher: Real estate investment activity is expected to improve significantly in 2025, with a strong recovery in capital values also anticipated, according to a recent Savills report. Researchers expect that the MENA region, including key markets …
Real estate
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21 January 2025 02:28 PM Deloitte Middle East unveils first-of-kind programme for green economy
Mubasher: Deloitte Middle East has recently collaborated with the Institute of Environmental Management and Assessment (IEMA) to launch the Green Skills for a Green Economy program, according to a press release. It is the first of its kind …
Global Economy
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20 January 2025 09:42 PM Middle East-based AJEX teams up with Chapman Freeborn to boost Saudi aviation services
Riyadh – Mubasher: AJEX Logistics Services, a Middle East-based specialist in express distribution and shipping solutions, signed a strategic collaboration agreement with leading global aircraft charter and aviation support company Chapman …
Companies Investments
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20 January 2025 08:40 PM Nutanix initiates MC Experts to create platform serving Middle East, Europe, Africa
Mubasher: Hybrid multi-cloud computing company Nutanix recently launched Multicloud Experts community (MC Experts) in Europe, the Middle East, and Africa (EMEA) as part of an initiative to establish a platform for leading cloud experts to pool …
Global Economy
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20 January 2025 07:31 PM Elm partakes as strategic partner in Hajj Conference 2025, has potential for regional growth
Riyadh – Mubasher: Elm Company has participated as the strategic partner of the Hajj Conference and Exhibition 2025, which took place in Jeddah on 13-16 January 2025, according to a press release. The event aims to bolster communications and …
Companies Investments
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20 January 2025 05:32 PM Al Ansari Financial Services unveils strategic partnership with Abhi Middle East
Dubai – Mubasher: Al Ansari Financial Services recently announced its strategic partnership with Abhi Middle East Limited, the region’s largest embedded finance platform backed by Hub71 and Abu Dhabi Investment Office (ADIO), according to a press …
Global Economy
10th Meeting of Arab Finance Ministries' Deputies
20 January 2025 03:47 PM Deputy finance ministers from Arab world discuss fiscal policies, digital transformation
UAE – Mubasher: Arab deputy finance ministers have assembled in Abu Dhabi to discuss financial policies and digital transformation in public finance, as part of the 10th Meeting of Arab Finance Ministries' Deputies. The Arab officials are also …
Ministries
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20 January 2025 11:28 AM Relata regional growth plans with strategic expansion into Dubai
UAE – Mubasher: India-based Relata has expanded its operations into Dubai through a joint venture (JV) between Cognilements International and visionary leader Neeraj Srivastava. Neeraj Srivastava was appointed as Chairman of Relata GCC region and …
Companies Investments
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19 January 2025 05:37 PM CIRA’s majority shareholder acquires 37.5% additional equity, backs regional expansion
Cairo – Mubasher: Social Impact Capital, the majority shareholder of 51.20% in Cairo for Investment and Real Estate Development (CIRA Education), is in the process of acquiring an additional 37.50% stake in CIRA through a mandatory takeover offer …
Companies Investments
Fazle Moyeen Quazi, MESIA President,
19 January 2025 03:41 PM UAE leads MENA’s solar energy projects - MESIA
UAE – Mubasher: The UAE led the regional solar energy sector, the Middle East Solar Industry Association (MESIA) highlighted in the "Solar Outlook Report 2025" report. This was backed by the country’s green initiatives, such as the Dubai Clean …
Global Economy
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19 January 2025 03:16 PM New Honeywell centre cements Saudi Arabia’s position in global cybersecurity market
Riyadh – Mubasher: Honeywell recently launched a new centre in Saudi Arabia’s Jubail to provide localised cybersecurity services for critical industrial sectors in the Kingdom, according to a press release. Honeywell Himaya Center, which was …
Companies Investments
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19 January 2025 10:41 AM GCC markets record $13.2bn in IPOs during 2024 – Markaz
Mubasher: The GCC region raised $13.20 billion in proceeds from 53 initial public offerings (IPOs) in 2024, according to the Kuwait Financial Centre (Markaz). This marks a 23% increase compared to 2023, when issuers raised $10.70 billion through …
Macroeconomics
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16 January 2025 07:27 PM Mekyal, Atlantis Blu Mining GmbH announce $1.4bn fund at FMF 2025
Riyadh – Mubasher: Mekyal and Marine Mining Company signed a memorandum of understanding (MoU) with Atlantis Blu Mining GmbH to create a $1.44 billion fund to support deep-sea mineral exploration projects. The announcement was made on the …
Companies Investments
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16 January 2025 06:39 PM Saudi Arabia launches Mining Innovation Studio at FMF 2025 to drive economic growth
Riyadh – Mubasher: The Saudi Ministry of Industry and Mineral Resources has launched the Mining Innovation Studio, an initiative designed to solve critical challenges in the mining sector through advanced technological solutions. In collaboration …
Event
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16 January 2025 06:32 PM Emirates makes Middle East debut via new aircraft
UAE – Mubasher: Emirates, one of the UAE’s two flag carriers, introduced the new Emirates A350 aircraft for the first time in the Middle East after landing in Kuwait on 8 January 2025. Kuwait also marked the second Emirates destination globally to …
Global Economy
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16 January 2025 05:40 PM Masdar enters Philippines market, expands production capacity
Abu Dhabi – Mubasher: Abu Dhabi Future Energy Company (Masdar) inked agreements with the government of the Philippines to develop 1 gigawatt (GW) of clean energy projects. The deals, which mark Masdar’s entry into the Philippines market, aim to …
Companies Investments
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16 January 2025 03:54 PM Saudi Arabia seen as global mining hub upon major agreements at FMF 2025
Riyadh – Mubasher: The fourth edition of the Future Minerals Forum (FMF) witnessed four strategic announcements to foster Saudi Arabia’s position as a global leader in the mining and minerals sector. In line with the Saudi Vision 2030, the …
Event
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16 January 2025 02:58 PM ExxonMobil Egypt unveils gas-bearing reservoirs in North Marakia block
Cairo – Mubasher: ExxonMobil Egypt (Upstream) Limited announced the discovery of gas-bearing reservoirs in North Marakia block, according to a press release. The reservoirs were encountered after completing the drilling of the Nefertari 1 well in …
Companies Investments
Saudi Minister of Industry and Mineral Resources, Bandar bin Ibrahim Alkhorayef
16 January 2025 00:31 PM Mineral wealth security needed to drive global energy transition – Alkhorayef at FMF 2025
Riyadh – Mubasher: Saudi Minister of Industry and Mineral Resources, Bandar bin Ibrahim Alkhorayef, urged securing supply chains for critical minerals across the region spanning Africa to West and Central Asia to boost global energy transition. …
Global Economy
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16 January 2025 11:02 AM Tech investments expected to transform mining industry – Saudi ministers during FMF 2025
Riyadh – Mubasher: Saudi Minister of Finance, Mohammed bin Abdullah Al Jadaan, asserted the need to boost investments in the mining sector, Saudi Press Agency (SPA) reported. During the fourth edition of the Future Minerals Forum (FMF), Al Jadaan …
Companies Investments
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16 January 2025 09:58 AM Badawi unveils Egypt’s plans to reshape gold mining sector during FMF 2025
Cairo – Mubasher: Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi stressed the state’s commitment to explore the potential of gold mining, according to an official statement. On the sidelines of the fourth edition of the Future …
Companies Investments
Nasir Al Naimi, Aramco Upstream President
15 January 2025 05:45 PM Aramco, Ma’aden announce transition minerals JV at FMF 2025
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) and Saudi Arabian Mining Company (Ma’aden) signed non-binding heads of terms to form a minerals exploration and mining joint venture (JV) in Saudi Arabia. The proposed JV plans were announced …
Companies Investments
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15 January 2025 03:17 PM Egypt plans to bolster mining activities, project – Badawi at FMF 2025
Cairo – Mubasher: Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi participated in the fourth edition of the Future Minerals Forum (FMF), according to an official statement. Held under the theme “Towards a Global General Agreement …
Event
Bandar Alkhorayef, Saudi Minister of Industry and Mineral Resources
15 January 2025 00:43 PM Mining leads growing sectors globally with $2.5bn mineral potential – Alkhorayef at FMF 2025
Riyadh – Mubasher: Bandar Alkhorayef, Saudi Minister of Industry and Mineral Resources, said the mining sector become one of the fastest growing sectors globally, with mineral potential estimated at $2.50 trillion. During the fourth edition of the …
Global Economy
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15 January 2025 11:20 AM ASK Private Wealth expands global footprint via new DIFC office
UAE - Mubasher: ASK Private Wealth, the Wealth Management arm of Blackstone-backed ASK Asset and Wealth Management Group, has launched its operations in Dubai International Financial Centre (DIFC). The new office is expected to enable NRIs and …
Global Economy