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Azzan Mohamed, the Managing Director of Messe Frankfurt Saudi Arabia

9 September 2025 06:20 AM Messe Frankfurt drives regional expansion with new subsidiary in Saudi Arabia

Riyadh – Mubasher: Messe Frankfurt has launched its new subsidiary, Messe Frankfurt Saudi Arabia, in line with its long-term investment strategy in the Kingdom’s fast-growing exhibition industry, according to a press release. The move supports …

Companies Investments

Ben Way, Global Head of Macquarie Asset Management, and Yazeed A. Al-Humied, PIF Deputy Governor

9 September 2025 06:12 AM Macquarie to set up office in Saudi Arabia through MoU with PIF

Riyadh – Mubasher: The Saudi Public Investment Fund (PIF) and Macquarie Asset Management (MAM) signed a memorandum of understanding (MoU) to promote investments and cooperation in major sectors. The partnership aims to support foreign …

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8 September 2025 01:01 PM ALPTech expands regional business via office in Saudi Arabia

Riyadh – Mubasher: ALPTech has inaugurated its Riyadh office to back its strategic expansion into Saudi Arabia with the support of AstroLabs, according to a press release. ALPTech is a global provider of AI, computational finance, and advanced …

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8 September 2025 10:45 AM Adnoc Gas to join FTSE Emerging Index, expected to attract $250m investment

Abu Dhabi - Mubasher: ADNOC Gas is set to join the FTSE Emerging Index, part of the FTSE Russell Global Equity Index Series, on 22 September 2025. The company expects this move to boost its global investor profile, expand its shareholder base, and …

Ayman El-Sawy, Founder and CEO of Bokra

8 September 2025 09:44 AM MENA-focused Bokra reinforces regional position via updated app

Cairo – Mubasher: MENA’s leading Sharia-compliant digital savings and investment platform Bokra has relaunched its mobile app, offering a wide range of enhanced features for both individuals and enterprises. The update will enable them to save and …

Companies Investments

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8 September 2025 08:00 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 7 …

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7 September 2025 03:55 PM Telecom Egypt greenlights Helios’ binding offer for regional data hub

Cairo - Mubasher: Telecom Egypt’s board initially approved Helios Investments’ binding offer for a 75$–80% stake in a subsidiary that will own the Regional Data Hub (RDH). Under the proposed deal, Telecom Egypt will retain a 20%–25% stake in the …

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7 September 2025 11:15 AM Mastercard, Qlub team up to boost digital hospitality payments in GCC

Mubasher: Mastercard has collaborated with Dubai-based hospitality fintech Qlub to expand digital and contactless payment solutions across the GCC region. The partnership, which includes a minority investment by Mastercard, aims to meet growing …

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7 September 2025 10:50 AM WheelsOn secures $12.5m to reshape car rental sector in Gulf region

UAE - Mubasher: WheelsOn, a UAE-based mobile-first car rental platform, has secured $12.50 million in funding, bringing its valuation close to $30 million, according to a press release. The round comprised $2.20 million in equity from MENA-focused …

Banking and Finance

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7 September 2025 09:30 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 6 …

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4 September 2025 00:36 PM anb capital, Lexham Partners to launch MENA-dedicated $200m growth fund

Riyadh – Mubasher: anb capital and Lexham Partners have rolled out plans to launch a $200 million Growth Fund dedicated to the MENA region, with a strategic focus on Saudi Arabia. The fund will support category-defining tech firms at the growth …

Companies Investments

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4 September 2025 11:59 AM Khazna secures $2.62bn financing led by ADCB, FAB to back international growth

UAE - Mubasher: Khazna Data Centers has secured a $2.62 billion financing facility, in partnership with Abu Dhabi Commercial Bank (ADCB) and First Abu Dhabi Bank (FAB), to fuel its UAE and international growth plans. Holding a tenor lasting up to …

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4 September 2025 10:58 AM US-based Adams Street enters GCC region via Abu Dhabi office

UAE - Mubasher: Adams Street Partners, an American private equity firm, has opened its office in Abu Dhabi, marking its entry into the GCC region, according to a press release. Located in Abu Dhabi Global Market (ADGM), the new office will boost …

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4 September 2025 09:45 AM Jazeera Airways strengthens regional network with return to Abu Dhabi, Al Ain

Mubasher: Jazeera Airways, Kuwait’s leading low-cost carrier, relaunched direct flights to Abu Dhabi and Al Ain in the UAE, starting on 2 October 2025, according to a press release. Besides Dubai, the airline will fly to three destinations in the …

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4 September 2025 09:24 AM ADNOC, RIQ forge $500m partnership to anchor Abu Dhabi’s global risk hub

Abu Dhabi – Mubasher: RIQ, the AI-native reinsurance platform purpose-built for the future of global risk transfer and a subsidiary of International Holding Company (IHC), entered into a strategic agreement with ADNOC. The partnership aims to …

Karim Shehata, CEO of Basata Holding

4 September 2025 08:07 AM Basata unveils $7m investment plans, mulls expansion in Gulf markets

Cairo – Mubasher: Egypt-based e-payment services company Basata Holding for Financial Payments plans to invest approximately $7 million in 2026 to reinforce its market position. The company is currently studying the potential acquisition …

Companies Investments

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4 September 2025 07:52 AM Saudi ADES pens SAR 808m agreement with QatarEnergy

Riyadh – Mubasher: ADES Holding Company inked a contract for offshore drilling services for its jackup rig, Aquamarine Driller, with QatarEnergy. The two parties signed the agreement on 2 September, with an estimated backlog of SAR 808 million …

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4 September 2025 07:34 AM TAQA-led consortium concludes financial closing of $4bn greenfield power plants in Saudi Arabia

Abu Dhabi – Mubasher Abu Dhabi National Energy Company (TAQA), Japan-based JERA Company, and Al Bawani Capital jointly announced the financial closing of two greenfield power plants in Saudi Arabia. The projects are Rihab ElAwal Power Company …

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3 September 2025 05:32 PM Intella raises $12.5m in Series A funding to expand in MENA

Cairo - Mubasher: MENA-focused deep tech firm Intella has raised $12.50 million in an oversubscribed Series A round led by Prosus, according to a press release. The round witnessed participation from 500 Global, Wa’ed Ventures, Hala Ventures, …

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3 September 2025 11:45 AM Singapore Exchange lists 1st Saudi Arabia-focused ETF

Mubasher: State Street Investment Management, the asset management business of State Street Corporation, announced the cross-listing of the PIF-anchored investment SPDR J.P. Morgan Saudi Arabia Aggregate Bond UCITS ETF on the Singapore Exchange …

Companies Investments

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3 September 2025 09:40 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 2 …

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3 September 2025 08:43 AM Rothschild to take over LLB's business in UAE

UAE - Mubasher: Rothschild & Co signed a referral agreement with Liechtensteinische Landesbank (LLB) to expand its Wealth Management presence in the UAE, according to a press release. The group will onboard its employees and clients in the Gulf …

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3 September 2025 07:17 AM Caucasus Auto boosts operation in Middle East with UAE office

UAE - Mubasher: Leading U.S. vehicle importer Caucasus Auto Import has officially launched its UAE headquarters in Sharjah, according to a press release. The expansion marks a milestone for the company as it brings its services to one of the …

Companies Investments

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3 September 2025 07:00 AM Dubai Investments scales global footprint via partnership with Angola’s FSDEA

Dubai - Mubasher: Dubai Investments has signed a strategic agreement with Angola’s Sovereign Wealth Fund (FSDEA) to jointly develop large-scale real estate projects in Luanda Province. The agreement aims to boost modern urbanization and …

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3 September 2025 06:56 AM Egypt’s fintech Munify raises $3m seed round to fuel regional expansion

Cairo - Mubasher: Egypt-based fintech Munify has raised a $3 million seed round led by Y Combinator, with participation from BYLD, Digital Currency Group, and other strategic investors. It will use the investment to scale engineering and …

Banking and Finance