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20 April 06:59 PM SHL Finance unveils SAR 50m cash dividends for 2025
Riyadh – Mubasher: The board of SHL Finance Company recommended cash dividends valued at SAR 50 million to 100 eligible shares for 2025, according to a bourse filing. The group will pay out SAR 0.50 per share, representing 5% of the share’s …
Al Ramz Corporation Investment and Development
20 April 12:49 PM Al Ramz Corporation unveils IPO for 2 GCC investment funds
Dubai - Mubasher: Al Ramz Corporation Investment and Development announced the initial public offering (IPO) of two new open-ended GCC investment funds, expanding its asset management platform across fixed income and equity strategies. The …
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20 April 09:48 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 and the price of each certificate in EGP, except for Azimut …
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19 April 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 and the price of each certificate in EGP, except for Azimut …
Tabby
19 April 10:13 AM CBUAE grants Tabby SVF license to promote financial products across GCC
UAE - Mubasher: The Central Bank of the UAE (CBUAE) licensed Tabby to introduce a new suite of financial products, including spending accounts, cards, and money management tools, according to a press release. The stored value facilities (SVF) …
Aldar
19 April 09:24 AM Aldar secures AED 5bn sustainability-linked facility backed by regional, int'l lenders
Abu Dhabi – Mubasher: Aldar Properties has closed an AED 5 billion ($1.36 billion) five-year syndicated sustainability-linked revolving credit facility (RCF), according to a press release. The transaction witnessed the participation of 10 major …
Founders of Ray
19 April 09:02 AM Dubai-based Ray closes $1.2m funding round to fuel GCC expansion
UAE - Mubasher: Dubai-based powerbank-sharing startup Ray has raised a $1.20 million seed round from private investors, including Meirambek Abelkasov and Serik Uspanov, co-founders of JET. The startup will use the fresh capital to expand its …
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19 April 08:44 AM Dar Global secures $250m facility from Emirates NBD to back global expansions
Dubai - Mubasher: Emirates NBD has executed a $250 million syndicated term loan for London-listed luxury international real estate developer Dar Global, according to a press release. Dar Global, which is majority owned by Dar Al Arkan Real Estate …
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16 April 06:40 PM ANB names new Chairman, Vice Chairman
Riyadh - Mubasher: Arab National Bank (ANB) announced Salah Rashid Al Rashed as the board’s Chairman for a three-year term ending on 31 March 2029. The board members of ANB also appointed Abdulmohsen Ibrahim Al Touq as the Vice Chairman for the …
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16 April 04:30 PM Academy of Learning secures nearly SAR 114m Islamic funding from Riyad Bank
Riyadh - Mubasher: Academy of Learning Company has obtained credit facilities compliant with Islamic Sharia provisions from Riyad Bank at a total value of SAR 113.75 million. The facilities hold a duration of up to six years, including a one-year …
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15 April 10:28 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 and the price of each certificate in EGP, except for Azimut …
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14 April 06:04 PM Saudi Networkers Services extends SAR 50m facility deal
Riyadh – Mubasher: Saudi Networkers Services Company renewed its Sharia-compliant credit facilities agreement valued at SAR 50 million with Al Rajhi Bank on 13 April 2026, according to a bourse filing. The company will utilize the loan, secured by …
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14 April 05:23 PM Homegrown Ventures closes nearly $23m debut fund to back MENA CPG startups
UAE - Mubasher: Homegrown Ventures has closed its debut Fund I at $22.80 million, which exceeded its initial $20 million target, according to a press release. The venture capital (VC) firm will focus on early-stage consumer packaged goods (CPG) …
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14 April 12:30 PM Aljazira Takaful announces Al Obrah as CEO
Riyadh - Mubasher: Aljazira Takaful Taawuni Company named Abdulrahman bin Saleh Al Obrah as its CEO, effective 13 July 2026. The board member approved this appointment on 13 April 2026, according to a bourse disclosure. Al Obrah brings nearly 23 …
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14 April 10:12 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 and the price of each certificate in EGP, except for Azimut …
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14 April 09:36 AM MESC obtains SAR 100m facility from SAB
Riyadh - Mubasher: Middle East Specialized Cables Company (MESC) penned a Shariah-compliant loan valued at SAR 100 million with Saudi Awwal Bank (SAB). Both sides inked the deal on 13 April 2026, and it is valid until 10 March 2027, according to a …
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13 April 06:15 PM Saudi proptech Jozo closes SAR 8.3m funding round
Riyadh - Mubasher: Saudi-based Jozo has raised SAR 8.30 million ($2.21 million) in a seed round, led by Sheikh Hamad bin Saedan Real Estate Company as a strategic partner, according to a press release. The startup will use the fresh capital to …
Reme-D
13 April 04:18 PM Egypt’s biotech startup Reme-D to expand in Middle East via GIF-led funding
Cairo – Mubasher: Egyptian biotech startup Reme-D has secured a $500,000 investment from the Global Innovation Fund (GIF) to scale its molecular diagnostics solutions across Africa and the Middle East. The new funding will support the company’s …
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9 April 03:53 PM ProMedEx renews SAR 84m facility agreement with Riyad Bank
Riyadh - Mubasher: Professional Medical Expertise Company (ProMedEx) has extended its Islamic facilities agreement with Riyad Bank for a total combined value of SAR 84 million. The credit facilities will fund ProMedEx’s ongoing projects and …
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9 April 11:22 AM Al Ashghal Al Moysra extends SAR 8m facility agreement with SNB
Riyadh - Mubasher: Al Ashghal Al Moysra Company renewed and increased a Sharia-compliant credit facility agreement worth SAR 8 million with Saudi National Bank (SNB). The three-year facility was obtained on 8 April 2026, according to a bourse …
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9 April 07:02 AM Saudi sports gaming startup ElGoat raises $266,000 funding to expand in MENA
Riyadh - Mubasher: Saudi Arabia-based sportstech ElGoat has closed a $266,000 Seed funding round backed by Trigon, with a valuation of $2.66 million, according to a press release. The fresh capital will be directed toward enhancing the platform’s …
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9 April 06:56 AM PIF backs King Street’s fund to expand private credit investment in MENA
Riyadh - Mubasher: The Public Investment Fund (PIF) signed a non-binding memorandum of understanding (MoU) with leading global investment management firm King Street Capital Management to expand private credit investment opportunities in Saudi …
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8 April 10:21 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 and the price of each certificate in EGP, except for Azimut …
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7 April 07:19 PM Scientific & Medical Equipment obtains SAR 260m financing from Bank Albilad
Riyadh - Mubasher: Scientific & Medical Equipment House Company received a SAR 260 million loan from Bank Albilad on 6 April 2026, according to a bourse filing. The company will use the investment to finance current and future projects while …
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7 April 05:25 PM Al Rajhi REIT signs SAR 2.5bn financing deals with Al Rajhi Bank, SAB
Riyadh - Mubasher: Al Rajhi Capital, the fund manager of Al Rajhi REIT Fund, inked Shariah-compliant financing facilities totaling SAR 2.50 billion with Al Rajhi Bank and Saudi Awwal Bank (SAB). The fund secured SAR 1.75 billion from Al Rajhi Bank …