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24 June 2025 11:00 AM Jadwa acquires majority stake in Saudi retailer Makhazen Alenaya
Riyadh – Mubasher: Jadwa Investment has acquired a majority stake in Makhazen Alenaya through its flagship blind-pool vehicle, Jadwa GCC Diversified Private Equity Fund, according to a press release. The transaction marks Jadwa’s fourth investment …
Global Economy
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24 June 2025 10:37 AM Prices of investment funds including certificates in EGP
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 23 June …
Mutual Funds
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23 June 2025 09:13 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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23 June 2025 05:45 AM Saudia expands regional footprint via flights to El-Alamein, Salalah
Riyadh – Mubasher: Saudia officially launched flights from Jeddah to El-Alamein in Egypt and Salalah in Oman, according to a press release. The new El-Alamein route marks Saudia’s fourth destination in Egypt, with three weekly flights operating …
Companies Investments
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23 June 2025 05:36 AM Paragon Developments launches office in Riyadh to expand regional footprint across MENA
Cairo – Mubasher: Paragon Developments, Egypt’s leading regenerative mixed-use developer, has inaugurated its first regional office in Saudi Arabia, according to a press release. Located in Riyadh, the development scheme aligns with the company’s …
Companies Investments
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22 June 2025 06:34 PM Burjeel Holdings’ Alkalma launches regional mental health platform
Abu Dhabi – Mubasher: Burjeel Holdings has launched four specialist mental health centers under its mental health and wellbeing platform, Alkalma, through the integration of Aspris Healthcare facilities. The centers are located in Dubai’s City …
Global Economy
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22 June 2025 04:50 PM UK-based Axia Media expands global footprint via Dubai office
UAE – Mubasher: Axia Media Group, a UK-based provider of financial and business services, has inaugurated a new office in Dubai to enhance its presence in the Middle East. The launch aligns with the company’s strategy to support its growing client …
Companies Investments
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22 June 2025 10:02 AM Beltone Leasing secures $20m for MSMEs, green financing in MENA
Cairo - Mubasher: Beltone Leasing and Factoring, a wholly owned subsidiary of Beltone Holding, obtained a total of $20 million in funding from two investment funds managed by Germany-based Finance in Motion GmbH. Each of the SANAD Fund for MSME …
Global Economy
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22 June 2025 09:04 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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22 June 2025 05:50 AM FAB becomes MENA’s 1st lender to join CIPS as direct participant
Abu Dhabi – Mubasher: First Abu Dhabi Bank (FAB) has become the first lender in the MENA region to join the cross-border Interbank Payment System (CIPS) as a direct participant (DP), according to a press release. FAB’s direct participation in …
Banking and Finance
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19 June 2025 02:32 PM Taaleem acquires GCC-focused KFG to expand network
Dubai – Mubasher: Taaleem Holdings has signed a sale and purchase agreement to acquire 95% shareholding in Kids First Group Limited (KFG), an early-learning premium education provider in the GCC. The acquisition is expected to boost Taaleem’s …
Mergers and Acquisitions
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19 June 2025 01:26 PM PIF launches ERC to support Expo 2030 Riyadh
Riyadh – Mubasher: Saudi Public Investment Fund (PIF) has launched Expo 2030 Riyadh Company (ERC) to build and operate the facilities of Saudi Arabia’s first World Expo, according to a press release. Spanning 6 million square meters, Expo 2030 …
Macroeconomics
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19 June 2025 07:53 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 …
Management Decisions
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19 June 2025 04:53 AM Dubai International Chamber inaugurates 1st representative office in North America
UAE – Mubasher: Dubai International Chamber has officially launched a new representative office in Toronto, exploring avenues to foster bilateral trade and investments between Dubai and Canada. Being the first representative office in North …
Companies Investments
Mohy Aboualam, Co-Founder and CEO of TheDar.AI
18 June 2025 07:06 PM Darwinz AI drives regional growth via seed funding round
Riyadh - Mubasher: Darwinz AI (TheDar.AI), a Saudi-Egyptian company behind the AI Copilot platform dima, has raised $325,000 in a seed funding round, led by Flat6Labs KSA and Glint Ventures. Founded in Egypt in 2021 by Emad Elazhary and Mohy …
Companies Investments
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18 June 2025 03:13 PM UAE’s Prop-AI raises $1.5m in pre-seed funding to expand in MENA
UAE – Mubahser: Dubai-headquartered proptech Prop-AI has closed a $1.50 million pre-seed funding round, led by Plus VC, Joa Capital, Select Ventures, Oraseya Capital, Plug & Play, and angel investors from Saudi Arabia and Bahrain. Prop-AI will use …
Global Economy
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18 June 2025 11:07 AM Octa fuels regional expansion plans via $20m credit facility from SFDF
UAE – Mubahser: Octa has raised $20 million in a credit facility from Sukna Fund for Direct Financing (SFDF) to embed short-term working capital financing directly into its platform, according to a press release. The UAE-based fintech platform …
Global Economy
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18 June 2025 09:41 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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18 June 2025 07:35 AM DMCC, Aqua-index sign MoU for 1st water-backed digital token
UAE – Mubahser: Dubai Multi Commodities Centre (DMCC) and AQUA-INDEX penned a memorandum of understanding (MoU) to support the first water-backed digital asset token, the first of its kind globally. The collaboration will position DMCC and Dubai …
Companies Investments
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17 June 2025 00:44 PM Octane raises $5.2m to transform MENA’s fleet payments
Cairo – Mubasher: Egypt’s leading digital platform for fleet and on-road expense management Octane has closed a $5.20 million funding round led by Shorooq, Algebra Ventures, and Elsewedy Capital Holding. Octane will use the new capital to expand …
Global Economy
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17 June 2025 11:35 AM DisrupTech backs Nigeria-based agri-fintech Winich’s funding round for MENA expansion
Cairo – Mubasher: Egypt-based early-stage fintech fund DisrupTech Ventures announced its first pan-African investment, backing Nigerian agri-fintech startup Winich Farms. The investment forms part of Lagos-based Winich’s Pre-Series A round, …
Companies Investments
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17 June 2025 09:52 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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17 June 2025 07:15 AM Bitcoin.com launches 1st MENA office in Dubai
UAE – Mubahser: Cryptocurrency services firm Bitcoin.com launched its services in Dubai Multi Commodities Centre (DMCC), according to a press release.  Being its first headquarters (HQ) in the MENA region, the company’s move anchors DMCC’s leading …
Companies Investments
Mohamed Hesham, CEO of ePointZero
17 June 2025 06:44 AM ePointZero names new CEO to boost global clean energy transition
Abu Dhabi – Mubasher: ePointZero, the global renewable energy platform of 2PointZero, has appointed Mohamed Hesham as its new CEO to accelerate the clean energy transition worldwide. The appointment comes at a time when global electricity demand …
Global Economy
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17 June 2025 06:30 AM UK-based NayaOne enters Saudi fintech market
Riyadh – Mubasher: NayaOne, a UK-based vendor delivery infrastructure (VDI) platform, has marked its entry into Saudi Arabia with support from AstroLabs, according to a press release. NayaOne launched the Kingdom’s first fully Saudi-hosted …
Global Economy