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2 September 2025 01:37 PM 7 Centre expands global presence with office in Dubai Internet City
Dubai - Mubasher: 7 Centre, the Canadian company behind the Simplii sustainability platform, has officially opened its Middle East office, 7 Centre Middle East, in Dubai Internet City. The move marks a major step in the company’s global expansion, …
Global Economy
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2 September 2025 00:17 PM Umm Al Qura launches pre-booking model for SAR 329m land sale at Masar
Riyadh - Mubasher: Umm Al Qura for Development and Construction Company introduced a new real estate investment model that allows land sales at the destination through a pre-booking mechanism, according to a press release. By factoring in both …
Real estate
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2 September 2025 10:40 AM RAK Properties enables crypto payment to attract global buyers
Abu Dhabi - Mubasher: RAK Properties has partnered with fintech Hubpay to allow international clients to purchase property using digital assets, including USDT, BTC, and ETH. Payments are instantly converted to AED and settled directly into the …
Companies Investments
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2 September 2025 10:12 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 and USD, as of 1 …
Banking and Finance
Saudi Egyptian Developers
1 September 2025 04:22 PM Saudi Egyptian Developers unveils rebranding to boost regional expansion
Cairo - Mubasher: Saudi Egyptian Developers Company celebrated its 50th anniversary with the launch of a new logo and refreshed visual identity, signaling the start of a new phase of growth and innovation. The rebranding, shaped as a diamond-heart …
Companies Investments
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1 September 2025 10:39 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 and USD, as …
Mutual Funds
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1 September 2025 09:15 AM Majid Al Futtaim launches 100th store in Egypt; investments cross $2.5bn
Mubasher: Majid Al Futtaim opened its 100th retail store in Egypt and the first Carrefour store in the Governorate of Suez, according to a press release. The group is expanding its footprint across strategic locations and providing accessible, …
Global Economy
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1 September 2025 07:44 AM stc launches sccc by stc to bolster global cloud computing services
Riyadh – Mubasher: Saudi Telecom Company (stc) has launched "sccc by stc," the new identity of the Saudi Cloud Computing Company (sccc), which specializes in advanced cloud computing services and data processing using AI. This move aligns with …
Global Economy
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31 August 2025 05:37 PM GCC-focused Riyad Capital leads SAR 500m Sukuk issuance for Sumou Global Investment
Riyadh - Mubasher: Riyad Capital, a leading asset manager within Saudi Arabia and the GCC region, has issued SAR 500 million in SAR-denominated Sukuk for Sumou Global Investment Company. The three-year issuance marks the first of its kind offering …
Companies Investments
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31 August 2025 00:16 PM Gewan Holding fosters UAE’s position as global tech hub via partnership with IOPn
UAE - Mubasher: Gewan Holding, part of the NG9 Holding conglomerate, partnered with IOPn to accelerate the development of sovereign AI, blockchain, and digital identity solutions that anchors the UAE’s role as a global hub for technological …
Companies Investments
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31 August 2025 10:25 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 and USD, as …
Trading Activities
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31 August 2025 09:00 AM Dubai Investments’ unit to manufacture solar glazing solutions in UAE, GCC
Dubai - Mubasher: Emirates Glass, a leading glass processing company in the region and a subsidiary of Dubai Investments, has signed a deal with Australia-based ClearVue Technologies Limited. The five-year manufacturing and distribution agreement …
Companies Investments
Bandar Alothman, Founder at O Gold, and Ahmed Mourad, Chief Operating Officer at Astra Tech
28 August 2025 07:57 PM O Gold, botim launch MENA’s first fintech gold investment solutions
UAE - Mubasher: O Gold, the UAE’s first Emirati app for fractional gold and silver ownership, has partnered with botim, Astra Tech’s flagship AI-powered fintech, to expand gold investments in the botim ecosystem. Upon an agreement signed in 2023, …
Global Economy
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28 August 2025 05:20 PM Sheba Joy raises $293,000 pre-seed to become global gaming hub
Riyadh - Mubasher: Saudi mobile gaming studio Sheba Joy has raised $293,000 (SAR 1.10 million) pre-seed funding led by venture capital (VC) Merak Capital. The funding will scale production, attract talent, and establish commercially successful …
Companies Investments
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28 August 2025 02:57 PM FAB offers 1st Blue Bond issuance in Gulf region at $50m
Abu Dhabi – Mubasher: First Abu Dhabi Bank (FAB) has issued a HKD 390 million ($50 million) Blue Bond, marking the first-ever Blue Bond issued by a financial institution in the Gulf countries. The five-year issuance anchors FAB’s position in …
Global Economy
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28 August 2025 00:47 PM ADNOC expands global business via 15-year LNG supply deal with IndianOil
Abu Dhabi - Mubasher: Abu Dhabi National Oil Company (ADNOC) has signed a 15-year sales and purchase agreement (SPA) with Indian Oil Corporation Limited (IndianOil) for 1 million tons per annum (mtpa) of liquefied natural gas (LNG) from its Ruwais …
Global Economy
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28 August 2025 00:07 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 and USD, as …
Global Economy
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28 August 2025 08:28 AM Journify scales regional operations via Riyadh office
Riyadh - Mubasher: Journify has expanded its footprint into Saudi Arabia through a partnership with AstroLabs, the Gulf region’s leading business expansion platform, according to a press release. Journify’s Saudi expansion comes during a period of …
Companies Investments
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27 August 2025 07:00 PM Orascom Construction’s consolidated backlog hits $9.6bn in H1-25, backed by regional operations
Cairo – Mubasher: Orascom Construction logged a consolidated backlog of $9.60 billion in the first half (H1) of 2025, according to the financial results. Earnings before interest, taxes, depreciation, and amortization (EBITDA) hit $139.40 million …
Financial Results
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27 August 2025 05:53 AM Flynas resumes flights to Kuwait
Riyadh – Mubasher: Flynas Company has resumed direct flights between Jeddah and Kuwait as of 1 November to further expand its network in line with its growth and expansion plan. This aligns with national objectives in the aviation and tourism …
Companies Investments
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27 August 2025 05:51 AM Maalexi fuels regional expansion via $20m fundraising transaction
UAE – Mubasher: Maalexi, a cross-border agri-trade end-to-end transaction platform, has secured a shariah-compliant credit facility of up to $20 million from Amwal Capital Partners (ACP), an independent firm specializing in alternative investments …
Banking and Finance
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26 August 2025 02:06 PM Impact46 fully acquires Kammelna for $53m to expand global reach
Riyadh - Mubasher: Impact46 has acquired the Saudi game development studio Kammelna in exchange for $53 million (SAR 200 million). This investment will accelerate new cultural games, expansion, and global reach, according to a press release. …
Global Economy
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26 August 2025 00:10 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 and USD, as …
Trading Activities
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26 August 2025 11:45 AM Emirates NBD upsizes Dar Global’s syndicated facilities by $165m
Dubai - Mubasher: Emirates NBD has upsized syndicated conventional and Islamic term facilities for Dar Global, the wholly-owned subsidiary of Dar Al Arkan Real Estate Development Company, by $165 million, bringing the total amount to $440 million. …
Real estate
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26 August 2025 08:50 AM UAE-based Cointel secures $7.4m funding to fuel global expansion
UAE – Mubasher: UAE-based edtech platform Cointel has raised $7.40 million in a strategic funding round led by Avalanche and joined by Sugafam Inc. The funding will accelerate North American expansion in the fourth quarter (Q4) of 2025, following …
Global Economy