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16 July 2025 07:09 PM Yanbu Cement to pay SAR 0.5/shr dividends for H1-25
Riyadh – Mubasher: The board of Yanbu Cement Company has approved cash dividends valued at  SAR 78.75 million, representing 5% of the company’s SAR 1.57 billion capital, for the first half (H1) of 2025. The Tadawul-listed company will distribute a …
Cash Dividends
Deliverect
16 July 2025 05:18 PM Deliverect accelerates investment to drive MENA growth, hits 1bn global orders
Mubasher: Food tech SaaS company Deliverect is witnessing growth since entering the MENA market in 2020 with the company recording more than a 200% increase in processed orders annually, according to a press release. The firm has processed 1 …
Companies Investments
Jazeera Airways
16 July 2025 03:30 PM Jazeera Airways resumes direct flights to Saudi destination
Mubasher: Jazeera Airways has relaunched tree weekly direct flights to Abha in Saudi Arabia, according to an official statement. Abha is Jazeera Airways’ seventh destination in Saudi Arabia. Meanwhile, the resumption of this direct route between …
Global Economy
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15 July 2025 07:50 PM Ayyan Investment witnesses turn to profitability in H1, Q2-25
Riyadh – Mubasher: Ayyan Investment Company has generated net profits worth SAR 384.26 million in the first half (H1) of 2025, against net losses of SAR 104.26 million in H1-24. The earnings per share (EPS) stood at SAR 3.83 at the end of June …
Financial Results
Advanced Petrochemical Company
15 July 2025 06:37 PM Advanced Petrochemical shifts to profitability in H1-25; net profit leaps 95% in Q2
Riyadh – Mubasher: Advanced Petrochemical Company has turned to net profits worth SAR 153 million in the first half (H1) of 2025, against net losses of SAR 17 million in H1-24. The company posted earnings per share (EPS) of SAR 0.593 as of 30 June …
Financial Results
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15 July 2025 05:11 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 …
Companies Investments
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14 July 2025 04:13 PM Mira Developments launches MENA-focused real estate company via $3m investments
UAE – Mubasher: Mira Developments has invested $3 million into the launch of MENA-focused real estate investment agency Percent&Co, according to a press release. The new joint venture (JV) is developed to attract global investors seeking premium …
Global Economy
Waleed Alballaa, Managing Partner of Sukna Ventures
14 July 2025 01:42 PM Sukna launches MENA’s 1st open-ended, Sharia-compliant direct financing fund
Riyadh –Mubasher: Sukna Capital has received official approval from the Saudi Capital Market Authority (CMA) to launch the Sukna Fund for Direct Financing. SFDF is KSA’s first open-ended, Sharia-compliant direct lending fund, marking a regulatory …
Companies Investments
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14 July 2025 01:33 PM ACWA Power inks SAR 31.1bn agreements for solar plants in Saudi Arabia
Riyadh – Mubasher: ACWA Power Company signed power purchase agreements for five large-scale photovoltaic (PV) solar plants located in the central, western and southern regions of Saudi Arabia. The plants are Afif1, Afif2, Humaij, Bisha and Khulis, …
Companies Investments
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14 July 2025 11:44 AM Jarir Bookstores sees 6% higher net profits in H1-25
Riyadh – Mubasher: Jarir Marketing Company (Jarir Bookstores) posted 6.17% higher net profits at SAR 414.50 million in the first half (H1) of 2025, compared to SAR 390.40 million in H1-24. The Saudi company generated revenues amounting to SAR 5.36 …
Financial Results
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14 July 2025 09:09 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 as of 13 July …
Companies Investments
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13 July 2025 04:33 PM Network International, Magnati to expand business in MEA following merger
Mubasher: Network International and Magnati have received key regulatory approvals to merge into a single entity, owned by a Brookfield-led consortium. The merger process is expected to be completed during the third quarter (Q3) of 2025, according …
Global Economy
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13 July 2025 03:33 PM Huawei launches 1st experience store in Egypt
Cairo – Mubasher: Huawei inaugurated its first-ever Huawei Experience Store (HES) in Egypt, expanding the brand’s retail presence in the country. The new store is located on Level 1, Gate 5, Phase 1 of Citystars Mall in Nasr City, according to a …
Global Economy
Habiba Naguib, Chief Market Expansion and Strategy Officer of Valu
13 July 2025 01:54 PM Valu receives regulatory nod to launch BNPL services in Jordan
Cairo – Mubasher: The Central Bank of Jordan has granted its initial approval for U Consumer Finance (Valu) to launch buy now, pay later (BNPL) services in Jordan, according to a recent press release. This step marks a significant leap in Valu’s …
Banking and Finance
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13 July 2025 01:27 PM Almoosa Health inks SAR 192m deal with MASAH Specialized Contracting
Riyadh – Mubasher: Almoosa Health Company signed a contract with MASAH Specialized Contracting Company at a value of SAR 192 million on 10 July, according to a bourse disclosure. The deal covers implementing preliminary construction works, …
Companies Investments
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13 July 2025 11:39 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 as of 12 July …
Mutual Funds
Hazem Ben-Gacem, Founder and Chief Executive of BlueFive Capital
10 July 2025 06:11 PM BlueFive Capital expands in GCC via oversubscribed round, launches $2bn equity fund
UAE – Mubasher: BlueFive Capital, a UAE-based investment platform, has closed its Founding Shareholders Circle round, valuing the company at $120 million, according to a press release. The company aims to bridge institutional platforms with …
Companies Investments
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10 July 2025 01:49 PM Saudi German Hospital operates 21 additional clinics in Dammam
Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) has commenced operating 21 additional clinics in advanced medical specialities, according to a bourse disclosure. Located in Dammam, the expansion backs the company’s …
Companies Investments
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10 July 2025 00:58 PM SABIC explores plans for subsidiary GAS’ IPO
Riyadh - Mubasher: Saudi Basic Industries Corporation (SABIC) intends to study and evaluate certain strategic options concerning its subsidiary, the National Industrial Gases Company (GAS). This aligns with SABIC's priorities of optimizing its …
Initial Public Offerings
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10 July 2025 08:06 AM Saudi Jahez fuels regional expansion via 76.5% stake acquisition in Snoonu
Riyadh – Mubasher: Jahez International Company for Information System Technology has signed a share purchase and subscription agreement (SPSA) to acquire a 76.56% stake in Snoonu, Qatar’s fastest-growing technology and on-demand delivery company. …
Companies Investments
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10 July 2025 07:24 AM Egypt’s Nawy acquires Dubai-based SmartCrowd to enter into GCC proptech market
Cairo – Mubasher: Egypt-based proptech Nawy has acquired a majority stake in Dubai-based SmartCrowd, the region’s first regulated platform enabling fractional property investments. The transaction follows Nawy’s recent $52 million Series A round …
Companies Investments
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10 July 2025 07:21 AM WSM rolls out SAR 500m agreement with Saudi gov’t
Riyadh - Mubasher: WSM for Information Technology Company penned a SAR 500 million deal with the Public Sector to provide services upon purchase orders. The two entities signed the agreement on 7 July 2025 for three years, according to a bourse …
Companies Investments
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10 July 2025 07:17 AM Umm Al Qura pens SAR 253m sale deal for Masar Destination project
Riyadh - Mubasher: Umm Al Qura for Development and Construction penned a sale agreement for two land plots with a combined area of 5,368 square meters within the Masar Destination project in Makkah, according to a bourse disclosure. With an …
Companies Investments
Founders of Huspy
9 July 2025 01:04 PM Huspy secures $59m funding to scale regional presence
UAE – Mubasher: Huspy, the UAE and Spain-based proptech company, has raised $59 million in a Series B round led by Balderton Capital, according to a press release. The transaction witnessed the participation of Peak XV, ExBorder Partners, Turmeric …
Global Economy
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9 July 2025 00:13 PM NWC to implement 38 water, sanitation projects for SAR 2bn
Riyadh – Mubasher: The National Water Company (NWC) started executing 38 water and sanitation projects in the Asir region of the Southern Cluster at a combined value of SAR 2 billion. These projects include the construction of lines and networks …
Companies Investments