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29 September 2025 11:54 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 28 …
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29 September 2025 10:56 AM Shmoh Almadi inks $509,000 deal with Chinese company
Riyadh - Mubasher: Shmoh Almadi Company signed a $509,000 contract with China-based Foshan International Trade Company on 25 September. The agreement aims to supply and install an automated production line for filling and packaging Maamoul and …
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29 September 2025 10:43 AM SITCO Pharma plans to invest SAR 75m in new Jeddah warehouse
Riyadh - Mubasher: Saudi International Trading Company (SITCO Pharma), a unit of Saudi Chemical Company, will invest SAR 75 million to establish a new warehouse in Jeddah. It will be financed through Shariah-compliant loans from local banks, …
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28 September 2025 08:52 PM GCC’s tourism sector records $247.1bn in 2024
Mubasher: The value added by the travel and tourism sector to the gross domestic product (GDP) of the GCC nations increased by 31.90% to $247.10 billion in 2024, when compared to 2019. The sector’s contribution to the region’s GDP is expected to …
Najib Khan, Group Chief Business Services Officer at Ooredoo and Ahmed Al Mannai, CEO of Innovatix Systems
28 September 2025 08:18 PM Ooredoo promotes cybersecurity services in MENA to boost global footprint
Mubasher: National Mobile Telecommunications Company (Ooredoo), in partnership with Innovatix Systems, has launched advanced cybersecurity services to protect customers’ digital assets and ensure uninterrupted digital experiences. Live in Qatar, …
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28 September 2025 06:49 PM Saudi Networker Services eyes moving shares to TASI
Riyadh - Mubasher: The board of Saudi Networkers Services Company (NSN) has approved transferring its shares from the Parallel Market (Nomu) of the Saudi Exchange to the Main Market (TASI) on 25 September 2025. The move is subject to the Capital …
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28 September 2025 05:58 PM solutions inks SAR 313.5m agreement with stc
Riyadh - Mubasher: Arabian Internet and Communications Services Company (solutions) has signed a SAR 313.39 million contract with Saudi Telecom Company (stc) on 25 September 2025. The 36-month deal aims to expand and develop stc’s internet and …
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28 September 2025 01:03 PM Saudi Ground Services to disburse SAR 188m cash dividends for H1-25
Riyadh - Mubasher: Saudi Ground Services Company announced SAR 188 million as interim cash dividends for the first half (H1) of 2025, according to a bourse filing. The Tadawul-listed company will pay out a dividend of SAR 1 per share, equivalent …
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28 September 2025 00:10 PM AngelAi launches in Saudi Arabia, eyes GCC expansion
Riyadh - Mubasher: AngelAi, the world’s first empathetic AI platform for financial services, has launched in Saudi Arabia, according to a press release. The platform provides the Saudi banks and investors with access to AI-powered growth anchored …
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28 September 2025 09:51 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 and USD, as of 27 …
Al Baraka Bank-Egypt and ICIEC
20 July 2025 06:19 PM Al Baraka Bank-Egypt unveils $100m deals with ICIEC
Cairo – Mubasher: Al Baraka Bank-Egypt has signed two key agreements totaling $100 million with the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a member of the Islamic Development Bank (IsDB) Group. With each …
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20 July 2025 04:30 PM Aldrees records 25% profit growth in H1-25 amid higher revenue
Riyadh - Mubasher: Aldrees Petroleum and Transport Services Company posted 24.96% higher net profits at SAR 199.70 million in the first half (H1) of 2025, compared to SAR 159.80 million in H1-24. The revenues stood at SAR 12.03 billion in the …
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25 September 2025 08:54 PM IHR renews SAR 30m facility with Al Rajhi Bank
Riyadh - Mubasher: International Human Resources Company (IHR) has renewed and amended its Sharia-compliant credit facility totaling SAR 30 million with Al Rajhi Bank for one year. The company will use SAR 27.50 million to boost its working …
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25 September 2025 08:22 PM Tam Development inks SAR 38m contract with Saudi gov’t
Riyadh - Mubasher: Tam Development Company signed a SAR 37.99 million contract with a government entity, on 22 September, to provide digital and operational solutions. The 24-month deal is expected to impact the company’s financial results …
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25 September 2025 07:42 PM Riyadh-based DOO closes $1.7m to expand in GCC region
Riyadh - Mubasher: AI-powered customer experience platform DOO has secured $1.70 million in a funding round led by Merak Capital, with participation from Plus VC and other regional investors. Through the fresh funding, DOO will accelerate product …
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25 September 2025 07:25 PM Tanmiah’s ADC increases SAB Murabaha facility to SAR 310 million
Riyadh - Mubasher: Agricultural Development Company (ADC), a unit of Tanmiah Food Company, has raised its revolving Murabaha facility with Saudi Awwal Bank (SAB) to SAR 310 million from SAR 130 million. Valid for one year, the facility is secured …
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25 September 2025 05:02 PM Taaleem Holdings secures AED 968m financing to support GCC expansion
Dubai - Mubasher: Taaleem Holdings has signed two strategic financing agreements with Emirates Islamic totaling AED 968 million to support its growth and expansion plans. The first agreement, valued at AED 730 million, will fund Taaleem Holdings' …
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25 September 2025 02:46 PM MNT-Halan launches Egypt’s 1st secured digital lending solution
Cairo - Mubasher: MINT-Halan, MENA’s leading fintech platform, has launched Egypt’s first secured lending solution offered by a non-banking financial institution. The new service will enable customers to instantly access up to 80% of their …
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25 September 2025 01:25 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 and USD, as of 24 …
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25 September 2025 00:17 PM Buttermilk launches Riyadh office to expand regional footprint
Riyadh - Mubasher: Buttermilk, a global creator agency, has launched its first office in Riyadh to expand its Middle East presence and support Saudi Arabia’s fast-growing creator economy. The new hub will be led by Marketing & PR Strategist …
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25 September 2025 07:51 AM PayPal commits $100m to advance digital commerce in MEA
Mubasher: US-based PayPal Holdings plans to invest $100 million across the Middle East and Africa (MEA) to drive innovation, support entrepreneurs, and promote growth in digital commerce. The investment will be deployed through a mix of minority …
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25 September 2025 07:43 AM Space42 to launch UAE’s 1st sovereign mobility cloud
Dubai - Mubasher: Space42 is developing the UAE’s first Sovereign Mobility Cloud, powered by Core42’s Public Cloud on Microsoft Azure. The platform will speed up autonomous mobility deployment while keeping data secure and UAE-compliant, according …
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24 September 2025 06:39 PM e7 Group, 7I Holding to scale sovereign technology solutions globally
Abu Dhabi - Mubasher: e7 Group has entered into a strategic partnership with 7I Holding, the regional affiliate of Swiss-based SICPA, to expand global reach in secure and sovereign solutions. The collaboration aims to develop and promote sovereign …
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16 July 2025 02:33 PM Prices of investment funds including certificates in EGP, USD – Update, new funds added
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 …
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24 September 2025 01:46 PM 2P Perfect Presentation awarded SAR 100m project contract
Riyadh - Mubasher: Perfect Presentation for Commercial Services Company (2P Perfect Presentation) has been awarded a SAR 100 million contract by the General Organization for Social Insurance (GOSI). The deal, which covers the establishment of …