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Yousif Al Nefaiei, Deputy Chief Executive at Benefit
9 October 2025 01:15 PM BenefitPay’s transactions to exceed BHD 30bn by 2025-end – Al Nefaiei at FF25
By: Ahmed El-Shamsy Bahrain – Mubasher: Benefit Company, Bahrain's electronic network for financial transactions, continues to play a vital role in developing the digital payments ecosystem in the Kingdom and promoting the transition to a cashless …
Global Economy
Khalid Al Bayat‏, ‏Chief Growth Officer at Tamkeen
9 October 2025 00:30 PM Tamkeen supports Bahrain’s digital transformation via 45 apps – Al Bayat at FinTech Forward
By: Ahmed El-Shamsy Bahrain – Mubasher: Labour Fund (Tamkeen) continues to anchor its position as one of the fundamental pillars of Bahrain’s economic development by enabling the private sector and Bahraini citizens to keep pace with rapid …
Global Economy
Bader Sater, CEO at Bahrain FinTech Bay
8 October 2025 04:07 PM Stablecoin marks new era in Bahrain’s financial sector – FinTech Bay’s CEO
By: Ahmed El-Shamsy Mubasher: Bahrain FinTech Bay, an ecosystem builder, has joined forces with key partners to build an impactful and conducive environment that accelerates fintech innovation in Bahrain and the GCC region. In an exclusive …
Banking and Finance
Metin Zavrak, CEO of STC Pay Bahrain,
8 October 2025 01:28 PM STC Pay intends to expand regionally, double growth – CEO at FinTech Forward
By: Ahmed El-Shamsy Mubasher: Metin Zavrak, CEO of STC Pay Bahrain, a unit of Saudi Telecom Company (stc), unveiled plans to expand the mobile wallet across the Middle East and the GCC region. In an exclusive interview with Mubasher on the …
Companies Investments
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27 November 2025 06:06 PM ADES Holding’s unit secures SAR 236m contract for jackup rig in Brunei
Riyadh - Mubasher: ADES Holding Company has secured, through its wholly owned subsidiary Shelf Drilling, which was recently acquired, a new contract for the Compact Driller standard jackup with Brunei Shell Petroleum Sdn (BSP). Under the two-year …
Companies Investments
Photo Archive
27 November 2025 05:19 PM Prices of investment funds including certificates in EGP, USD - Update
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
Photo Archive
27 November 2025 04:27 PM GO rebrands as Etihad GO Telecom
Riyadh - Mubasher: Etihad Atheeb Telecommunication Company (GO) changed its commercial name to Etihad GO Telecom Company as part of its strategic transformation to strengthen its position in the telecommunications and technology sectors. This new …
Corporate Actions
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27 November 2025 04:17 PM Cherry Trading to list on Tadawul next week
Riyadh - Mubasher: Cherry Trading Company is expected to begin trading its shares on the Saudi Exchange (Tadawul) on Monday, 1 December 2025. Trading under the symbol 4265, the group will float 9 million shares, representing 30% of its share …
Trading Activities
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27 November 2025 04:14 PM Almoosa Health rolls out SAR 657.5m agreement with BEC Arabia Contracting
Riyadh - Mubasher: Almoosa Health Company inked a SAR 657.50 million contract with BEC Arabia Contracting Company on 26 November 2025, according to a statement. The 24-month agreement covers the execution of preliminary construction works, …
Companies Investments
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27 November 2025 07:51 AM MODON pens SAR 8.8bn industrial, logistics agreements
Riyadh - Mubasher: The Saudi Authority for Industrial Cities and Technology Zones (MODON) penned several agreements and memoranda of understanding (MoUs), with total investments valued at SAR 8.80 billion. The deals, which cover a total area …
Companies Investments
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27 November 2025 07:49 AM Multiply Media Group accelerates UK expansion via acquisition of London Lites
Abu Dhabi - Mubasher: Multiply Media Group, a subsidiary of 2PointZero Group that was formerly known as Multiply Group, has fully acquired London Lites, according to a press release. This transaction marks a major milestone in the subsidiary’s …
Mergers and Acquisitions
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27 November 2025 07:47 AM Aramco to launch AI-focused office in Paris to expand global footprint
Riyadh - Mubasher: Saudi Arabian Oil Company (Aramco)plans to launch a new Aramco Ventures office in Paris, Executive Vice President of Technology and Innovation Ahmad Al Khowaiter announced. Al Khowaiter affirmed that the energy sector is vital …
Companies Investments
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26 November 2025 07:38 PM Revibe supports global expansion via $17m funding
UAE – Mubasher: Dubai-based refurbished-electronics marketplace Revibe has raised $17 million in a new funding round led by Partech, with participation from e& Capital, Burda Principal Investments, and EQNX, alongside existing investors. The new …
Global Economy
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26 November 2025 07:13 PM Shalfa obtains SAR 200m loan from SNB
Riyadh - Mubasher: Shalfa Facilities Management Company penned a Sharia-compliant credit facility agreement worth SAR 200 million with the Saudi National Bank (SNB) on 25 November 2025. Valid until 30 September 2026, the loan is secured by a …
Banking and Finance
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26 November 2025 06:55 PM Saudi proptech Mnzil secures $11.7m Series A funding round
Riyadh – Mubasher: Saudi proptech for labour housing solutions Mnzil has raised $11.70 million in a Series A round led by the US-based Founders Fund, with participation from COTU Ventures. The new investment will be utilized to scale the startup’s …
Companies Investments
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26 November 2025 06:06 PM Arabian Shield unveils 2 key appointments
Riyadh - Mubasher: Arabian Shield Cooperative Insurance Company named Naif Bin Sultan bin Mohammed bin Saud Alkabeer as the board’s Chairman for the next four years. Sameer Alwazzan was announced as the Vice Chairman, according to a bourse filing. …
Management Decisions
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26 November 2025 05:37 PM ADES Holding acquires Shelf Drilling to fuel global expansion
Riyadh - Mubasher: ADES Holding Company has acquired Shelf Drilling Limited through a cash merger, anchoring the Saudi group’s position as a global leader in offshore drilling. ADES Holding currently has a combined fleet of 83 offshore units and …
Global Economy
Photo Archive
26 November 2025 01:10 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, except for …
Banking and Finance
Photo Gallery
26 November 2025 11:08 AM GFH Partners acquires majority stake in Devmark to foster GCC residential ecosystem
Mubasher: GFH Partners, a subsidiary of GFH Financial Group, owned a majority shareholding in Devmark Real Estate Brokers L.L.C, the UAE’s leading real estate development project sales and marketing platform. The transaction marks GFH Partners’ …
Companies Investments
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26 November 2025 10:09 AM PIF sells 3.3% stake in Umm Al Qura for SAR 950m
Riyadh – Mubasher: The Public Investment Fund (PIF) sold 48 million shares in Umm Al Qura for Development and Construction, equaling 3.30% of its shares, through an accelerated bookbuild offering. The total value of the offering was more than SAR …
Companies Investments
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25 November 2025 07:06 PM Strataphy closes $6m funding round to power MENA’s next-generation cooling systems
Riyadh – Mubasher: Saudi deeptech startup Strataphy has raised a $6 million seed round, led by Outliers VC and joined by Shorooq, with participation from PlusVC (+VC). The company will use the new funding to advance its technology, expand its …
Companies Investments
Photo Archive
25 November 2025 05:08 PM SAL’s unit pens deal with Flyadeal to expand logistics services
Riyadh – Mubasher: SAL Logistics Division, a subsidiary of Saudi Logistics Services Company (SAL), inked a logistics services agreement with Flyadeal Company on 25 November, according to a bourse disclosure. Under the three-year deal, SAL …
Companies Investments
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25 November 2025 02:02 PM Al Khomasiah to develop SAR 1bn residential towers in Masar destination
Riyadh – Mubasher: Al Khomasiah Group signed an agreement with Umm Al Qura for Development and Construction and BLME to develop two residential towers in Masar destination in Makkah, with investments exceeding SAR 1 billion. Announced during …
Event
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25 November 2025 11:13 AM Mayar Holding announces key appointments
Riyadh – Mubasher: Mayar Holding Company has appointed Thamer Abdullah Mohammed Alrayes as its Chairman and Turki Abdullah Mohammed Alrayes as its Vice Chairman. The board named the two officials for a four-year term ending on 20 November 2029, …
Management Decisions
Photo Archive
25 November 2025 10:58 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