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8 December 2025 04:40 PM IHC’s subsidiary Zelo expands in Middle East via $715m capital allocation
UAE – Mubasher: Zelo, the UAE’s next-generation private-credit platform, has secured $715 million in capital allocation from International Holding Company (IHC) to scale its supply chain financing capabilities across the Middle East region. The …
Banking and Finance
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8 December 2025 03:29 PM Saudi gaming startup Qwacks secures SAR 1.8m funding from Merak Capital
Riyadh - Mubasher: Saudi gaming technology startup Qwacks has raised SAR 1.8 million in pre-seed funding from Merak Capital, a Saudi-based investment firm licensed by the Capital Market Authority (CMA). The new funding will accelerate the …
Companies Investments
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8 December 2025 02:08 PM Binance gains major achievements in UAE with botim’s partnership, ADGM regulatory license
UAE – Mubasher: botim money, botim’s financial services arm serving millions of users in the UAE, signed a memorandum of understanding (MoU) with Binance to explore bringing digital asset access to customers. Through the partnership, botim will …
Global Economy
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8 December 2025 00:26 PM East Pipes Integrated pens SAR 485m supply agreement with Saudi Water Authority
Riyadh – Mubasher: East Pipes Integrated Company for Industry and the Saudi Water Authority inked a SAR 485 million agreement on 7 December 2025, according to a bourse statement. Under the deal, the company will manufacture and supply steel pipes …
Companies Investments
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8 December 2025 00:07 PM Al Hammadi Holding’s unit Sudair Pharma eyes trading on Tadawul
Riyadh - Mubasher: Sudair Pharmaceutical Company has submitted its application file to the Capital Market Authority (CMA) for the registration and offering of its shares for an initial public offering (IPO) on the Main Market of Saudi Exchange …
Companies Investments
Founders of Reno
8 December 2025 11:49 AM UAE's Reno raises $4m in equity-debt round to expand in GCC region
UAE – Mubasher: UAE-based home renovation tech platform Reno has secured $4 million in a mix of equity and debt to expand its footprint across the GCC, according to a recent press release. The company will use the new investments to scale its …
Global Economy
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8 December 2025 11:48 AM Maridive’s unit wins 15-year petroleum services contract in GCC country
Cairo - Mubasher: Maridive Offshore Projects, a subsidiary of Maridive & Oil Services, secured a 15-year contract in Qatar to provide maintenance and production support services in the petroleum sector. The contract holds an annual value of $10.15 …
International Agreements
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8 December 2025 11:13 AM Yanbu Cement’s board approves SAR 118m dividends for H2-25
Riyadh - Mubasher: The board members of Yanbu Cement Company decided to pay cash dividends of SAR 118.12 million to eligible shareholders for the second half (H2) of 2025, according to a bourse filing. The company will disburse SAR 0.75, …
Cash Dividends
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7 December 2025 04:39 PM KABO unveils international agreements, expansion plan including export lines
Cairo - Mubasher: El-Nasr Clothing and Textiles Company (KABO) announced a development plan to boost the export production lines and carry out a comprehensive expansion of El-Amreya and El-Hadara factories. KABO intends to increase the daily …
Global Economy
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7 December 2025 03:40 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 …
Banking and Finance
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7 December 2025 02:44 PM 2P Perfect Presentation acquires SAR 83m asset in Riyadh to support expansion
Riyadh - Mubasher: Perfect Presentation for Commercial Services Company (2P Perfect Presentation) has purchased a 3,005.14-square-meter (m²) commercial property in Riyadh for SAR 83 million to endorse the firm's growing business. The deal, signed …
Companies Investments
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4 December 2025 07:12 PM Scientific & Medical Equipment wins SAR 100m King Fahd hospital project
Riyadh - Mubasher: Scientific & Medical Equipment House Company received approval from the Ministry of Health – General Diwan for a SAR 100 million project to replace and develop the infrastructure at King Fahd Hospital in Al Baha. The 24-month …
Companies Investments
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4 December 2025 06:41 PM Raoom’s board greenlights over SAR 4.5m dividends for Q3-25
Riyadh – Mubasher: The board of Raoom Trading Company approved interim cash dividends of SAR 4.62 million for the third quarter (Q3) of 2025. Raoom will distribute a dividend of SAR 0.37 per share for 12.50 million eligible shares, according to a …
Board of Directors
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4 December 2025 06:09 PM Scientific & Medical Equipment inks roughly SAR 100m contract with Saudi gov’t
Riyadh - Mubasher: Scientific & Medical Equipment House Company recently signed a SAR 99.71 million contract with the Ministry of Health’s branch in Najran. The five-year agreement was penned on 4 December 2025 and covers the maintenance and …
Companies Investments
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4 December 2025 05:25 PM NCLE reports 17% drop in Q1-25/26 net profits
Riyadh - Mubasher: The National Company for Learning and Education (NCLE) registered 17.12% year-on-year (YoY) lower net profits at SAR 35.53 million in the first quarter (Q1) of fiscal year (FY) 2025/2026, compared to SAR 42.87 million. The …
Financial Results
NBK Wealth
4 December 2025 05:24 PM NBK Wealth – KSA acquires land plot to develop SAR 300m mixed-use property
Riyadh – Mubasher: NBK Wealth – KSA, affiliated to NBK Wealth Group, has strengthened its presence in Saudi Arabia by taking over a prime land plot to build a mixed-use property at a total development cost of approximately SAR 300 million ($80 …
Companies Investments
INK PharmaSolutions and AstroLabs
4 December 2025 03:15 PM INK PharmaSolutions strengths regional presence through collaboration with AstroLabs
UAE – Mubasher: INK PharmaSolutions has launched in the UAE with support from AstroLabs, the Gulf’s leading business expansion platform, through an office located at the Dubai Multi Commodities Centre (DMCC). The new facility strengthens the …
Global Economy
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4 December 2025 01:24 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 …
Banking and Finance
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3 December 2025 06:08 PM World’s 1st fintech-enabled Gold ATM launches in UAE
UAE – Mubasher: Emirates Gold has teamed up with Public Gold, Malaysia’s leading fintech-driven gold solutions provider, to launch the world’s first fintech-enabled Gold ATM in the UAE in a step that marks a major innovation milestone for both the …
Global Economy
Moro Hub and PwC Middle East
3 December 2025 03:50 PM DEWA’s Moro Hub joins PwC Middle East to drive tech initiatives across region
Dubai – Mubasher: Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (DEWA), has entered into a strategic collaboration with PwC Middle East to advance the development and implementation of tech …
Global Economy
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3 December 2025 01:05 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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1 December 2025 00:08 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 …
Mutual Funds
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30 November 2025 03:32 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
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9 October 2025 03:41 PM Bahrain open to fintech investment fund – Al Khulaif at FF25
Bahrain – Mubasher: The FinTech Forward 2025 (FF25) in Bahrain highlighted the expansion of fintech innovation into non-financial sectors, further reducing reliance on oil. In response to a question by Mubasher Info, Noor Al Khulaif, Minister of …
Event
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9 October 2025 02:55 PM Tokenization takes center stage at Bahrain FinTech Forward 2025
Mubasher: The third edition of FinTech Forward is concluding its activities in Bahrain, positioning the Kingdom as a global testbed for financial innovation, with the main focus on tokenization. Backed by key stakeholders, including Benefit, …
Global Economy