Top News

17 April 2025 07:58 PM ADQ, IHC, Modon boost infrastructure development globally via Gridora

Abu Dhabi - Mubasher: ADQ, International Holding Company (IHC), and Modon Holding entered into a joint venture (JV) to form a dedicated infrastructure platform, Gridora, according to a press release. Operating under Modon Holding, Gridora will …

Global Economy

17 April 2025 06:17 PM US card payments market growth to slow in 2025 –GlobalData

Global Reports

17 April 2025 05:49 PM S&P 500, Nasdaq rises; Dow falls before Good Friday holiday

Global Markets brief

17 April 2025 09:57 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 the funds …

Global Economy

16 April 2025 09:45 PM PayPal, TerraPay to expand cross-border payments across MEA

UAE - Mubasher: PayPal teamed up with TerraPay to enable real-time fund transfers for PayPal customers across the MEA region, according to a press release. This partnership aims to drive economic growth by making cross-border transactions faster, …

Companies Investments

16 April 2025 07:04 PM Wall St falls on Wednesday with chipmakers leading declines

Global Indices

16 April 2025 06:44 PM Canada could enter deep recession on US tariffs –C.bank

Global Reports

16 April 2025 00:46 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 …

Mutual Funds

15 April 2025 05:55 PM UCIC announces IPO on Tadawul, regional expansion plans

Riyadh – Mubasher: United Carton Industries Company (UCIC) intends to proceed with its initial public offering (IPO) to trade 12 million shares on the Saudi Exchange (Tadawul). UCIC has appointed Al Rajhi Capital as its financial advisor, lead …

Initial Public Offerings

15 April 2025 00:46 PM dnata supports global operations with $110m infrastructure projects

UAE – Mubasher: Leading global air and travel services provider dnata announced three major facility launches as part of global infrastructure investments exceeding $110 million. The new developments will be implemented in the Netherlands, the …

Companies Investments

15 April 2025 00:15 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, an updated …

Companies Investments

14 April 2025 07:28 PM Tech stocks boost Wall St after certain tariff relief

Global Markets brief

14 April 2025 06:48 PM Citigroup downgrades US equities, slashes S&P 500 target on tariffs

Global Reports

14 April 2025 06:29 PM US stocks rally on Monday as electronics get tariff halt

Global Markets brief

14 April 2025 06:13 PM BKN301 secures $23.8m funding round to support global growth

Mubasher: Global banking as a service (BaaS) technology provider BKN301 Group has closed a $23.80 million capital increase to expand its global growth plans, including expansion into the UAE and Saudi Arabia. The capital raise is underwritten by …

Global Economy

14 April 2025 05:32 PM Quiqup fuels regional expansion plans via launch in Saudi Arabia

Mubasher: UAE-based e-commerce logistics provider Quiqup has launched its core fulfillment and delivery services across Saudi Arabia in line with its regional expansion, according to a press release. The company’s expansion plans contribute …

Companies Investments

14 April 2025 05:26 PM Oil prices likely to decline through 2026 – Goldman Sachs

Global Markets brief

14 April 2025 11:26 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 the …

Banking and Finance

13 April 2025 00:47 PM Mubadala Energy supports global expansion plans via stake acquisition deal with Kimmeridge

UAE – Mubasher: Mubadala Energy has signed a deal with Kimmeridge, the energy-focused alternative asset manager, to acquire a 24.10% interest in Kimmeridge's SoTex HoldCo LLC (SoTex). The transaction, which will be implemented via the issuance of …

Companies Investments

13 April 2025 00:33 PM Al Ansari Financial Services becomes largest NBFI in GCC via acquisition deal

Dubai – Mubasher: Al Ansari Financial Services concluded its acquisition of BFC Group Holdings after receiving all the required regulatory approvals, according to a press release. The transaction reinforced the DFM-listed company’s position as the …

Companies Investments

13 April 2025 10:33 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

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

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

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 …

Corporate Actions