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26 May 02:40 AM

Banking & Insurance

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18 June 2025 00:40 PM SNB to redeem SAR 4.2bn Tier 1 capital Sukuk
Riyadh - Mubasher: Saudi National Bank (SNB) intends to fully redeem its SAR 4.20 billion Tier 1 capital Sukuk on its fifth anniversary, 30 June 2025. The Sukuk, which was issued on 30 June 2020, will be fully redeemed per the offering’s terms and …
Banking and Finance
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18 June 2025 11:41 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 for the …
Mutual Funds
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17 June 2025 05:44 PM SNB begins USD-dominated Tier 2 capital notes issuance
Riyadh - Mubasher: The Saudi National Bank (SNB) commenced the offering of its USD-denominated Tier 2 capital notes, on 17 June, for eligible investors in the Kingdom and globally. Issued under the Euro Medium Term Note (EMTN) program, the …
Banking and Finance
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17 June 2025 04:27 PM National Building extends SAR 135m credit facility deal with Alinma Bank
Riyadh - Mubasher: National Building and Marketing Company (NBM) has renewed a Shariah-compliant banking facility agreement valued at SAR 135 million with Alinma Bank. The company obtained the funding to support its working capital, according to a …
Companies Investments
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17 June 2025 11:52 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 for the …
Banking and Finance
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15 June 2025 02:34 PM SNB to issue USD-denominated Tier 2 capital notes; UAE-listed lenders participate
Riyadh - Mubasher: The Saudi National Bank (SNB) intends to issue USD-denominated Tier 2 capital notes under its Euro Medium Term Note (EMTN) program. The proceeds aim to enhance the bank’s Tier 2 capital and boost its financial as well as …
Banking and Finance
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15 June 2025 02:03 PM AfDB supports Africa’s largest solar energy project via $184m funding
Cairo – Mubasher: The African Development Bank Group (AfDB) has approved a financing package of up to $184.10 million for Africa’s largest solar energy and battery storage project, according to a press release. The funding will be used to support …
Global Economy
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15 June 2025 08:47 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 for the …
Central Banks
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15 June 2025 06:47 AM IHC launches ADGM-based RIQ to redefine global reinsurance landscape
Abu Dhabi – Mubasher: International Holding Company (IHC) has launched Reinsurance Intelligence Quotient (RIQ), the newly named global reinsurance platform based in Abu Dhabi Global Market (ADGM). The new brand supports the objectives of IHC, …
Companies Investments
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11 June 2025 10:41 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 for the …
Trading Activities
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10 June 2025 10:56 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 for the …
Global Economy
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4 June 2025 09:15 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 for the …
Companies Investments
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3 June 2025 06:15 PM Alinma Bank appoints new Chairman, Vice Chairman
Riyadh – Mubasher: Alinma Bank named Abdulmalik Abdullah Alhogail as the board’s Chairman for the next three years, according to a bourse filing. Saad Abdulaziz Alkroud was appointed as the Vice Chairman for a new board term that began on 21 May …
Board of Directors
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2 June 2025 10:54 AM First Avenue secures SAR 320m financing from Alinma Bank
Riyadh – Mubasher: First Avenue Real Estate Development Company renewed and increased its SAR 320 million facility deal with Alinma Bank on 31 May 2025. The loan was secured by promissory notes to the amount of the total facilities limit and a …
Companies Investments
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2 June 2025 08:51 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 for the …
Banking and Finance
Photo Archive
1 June 2025 00:06 PM 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 for the …
Global Economy
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29 May 2025 06:34 AM UAE-based fintech Qashio backs regional expansion plans via $19.8m funding
UAE – Mubasher: Dubai-headquartered fintech company Qashio has raised $19.80 million in its latest funding round to expand into Saudi Arabia and deepen its business-to-business (B2B) program across the MENA region. The fundraising transaction is a …
Companies Investments
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29 May 2025 05:57 AM Stitch raises $10m seed to transform financial landscape in MENA
Riyadh – Mubasher: Saudi fintech infrastructure platform Stitch has closed a $10 million seed funding round, led by Arbor Ventures, COTU Ventures, Raed Ventures, and Saudi Venture Capital (SVC). Regional family offices and other angel investors, …
Global Economy
Photo Archive
28 May 2025 11:21 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 for the …
Global Economy
Photo Archive
26 May 2025 10:42 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 for the …
Banking and Finance
Photo Archive
25 May 2025 01:35 PM 2P Perfect Presentation extends SAR 265m financing deal with Al Rajhi Bank
Riyadh – Mubasher: Perfect Presentation for Commercial Services Company (2P Perfect Presentation) renewed its SAR 265 million facility deal with Al Rajhi Bank on 22 May 2025. The facility deal was secured by promissory notes to the amount of the …
Banking and Finance
Photo Archive
25 May 2025 10:03 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 for the …
Trading Activities
First Abu Dhabi Bank (FAB)
22 May 2025 06:30 PM FAB becomes 1st in MENA to adopt Oracle-Mastercard solution for B2B payments
Abu Dhabi – Mubasher: First Abu Dhabi Bank (FAB) is currently the first bank in the MENA region to pilot an innovative embedded finance and payments solution developed by both Oracle and Mastercard, according to an official statement. The …
Banking and Finance
Photo Archive
21 May 2025 00:47 PM 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 for the …
Trading Activities
Photo Archive
21 May 2025 09:38 AM Sinad Holding extends, raises facility deal with SAIB
Riyadh – Mubasher: Sinad Holding Company renewed and increased its Sharia-compliant banking facilities agreement with the Saudi Investment Bank (SAIB) at a value of SAR 400 million. Sinad Holding renewed its existing short-term facilities of SAR …
Banking and Finance