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09:13 AM Aramex launches 1st regional healthcare hub in Dubai South Free Zone

Dubai - Mubasher: Aramex has opened its first regional healthcare and pharmaceutical hub in the Dubai South Free Zone, certified by the UAE Ministry of Health and Prevention, expanding its capabilities in the life sciences and medical supply chain …

Companies Investments

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16 March 08:59 AM Jazeera Airways launches Kuwait-Istanbul flights via Qaisumah

Mubasher: Jazeera Airways has begun operating flights between Kuwait City and Istanbul via Qaisumah Airport in Hafar Al Batin, Saudi Arabia, as part of the airline’s efforts to maintain passenger mobility amid the current regional situation. The …

Edita

15 March 08:43 AM Edita’s regional expansion drives 29.5% higher revenues in 2025

Cairo - Mubasher: Edita Food Industries delivered strong financial performance in 2025, generating 29.50% year-on-year (YoY) higher revenues at EGP 20.90 billion. The company logged net profits valued at EGP 2.40 billion, marking an annual jump of …

flynas

11 March 08:37 AM flynas delivers resilient operational, financial performance in 2025 due to regional expansion

Riyadh - Mubasher: Flynas Company incurred net losses attributable to the shareholders amounting to SAR 526.99 million in 2025, against net profits valued at SAR 433.50 million in 2024. The revenues climbed by 3.81% year-on-year (YoY) to SAR 7.84 …

Judan Financial Holding

10 March 12:45 AM IHC’s Judan Financial expands global asset management footprint through US investment

Abu Dhabi – Mubasher: Judan Financial Holding, a subsidiary of International Holding Company (IHC), has made its first strategic investment in US-based investment management firm Alpha Wave Global for a 50.1% stake in the company. The investment …

Companies Investments

Aldar Properties

8 March 11:41 PM Aldar issues statement in light of recent regional developments

Abu Dhabi – Mubasher: Aldar Properties has expressed its deep appreciation for “the wise and decisive leadership of the UAE,” whose strategic foresight and swift response have safeguarded residents, protected national infrastructure, and ensured …

Elsewedy Electric Solar Project

8 March 11:19 PM Elsewedy Electric delivers Saad Solar Power Plant in Riyadh; project sets a new regional benchmark

Cairo – Mubasher: Elsewedy Electric for Transmission and Distribution, a subsidiary of Elsewedy Electric Company, has announced the completion and handover of Saad Solar Power Plant in the Saudi capital, according to a press release. The landmark …

Companies Investments

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8 March 11:28 AM Investcorp secures $1.2bn for second GP-stakes vehicle

Mubasher: Investcorp closed $1.25 billion for its Investcorp Strategic Capital Partners II (ISCP II) fund, according to a recent press release. Its GP staking arm, Investcorp Strategic Capital Group (ISCG), raised $1.10 billion in fund …

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3 March 11:36 PM TASI witnesses over SAR 87bn in total trading value in February – Aljazira Capital

Riyadh – Mubasher: According to the monthly report by Aljazira Capital for February 2026, the Main Market index (TASI) of the Saudi Exchange (Tadawul) ended the month at 10,709 points, which represented a decrease of 5.91% compared to January’s …

Sitecore

3 March 12:40 AM Sitecore accelerates momentum in Middle East via AI deployments, works with listed entities

Mubasher: Sitecore, a global player in AI-enabled digital experience software, announced a significant expansion of investment in the Middle East with a new deployment announced for Saudi Arabia in 2026, according to a press release. An early …

Saudi Telecom Company (stc)

1 March 07:53 AM stc offers free calls for GCC Citizens amid airspace closures

Riyadh - Mubasher: Saudi Telecom Company (stc) launched a three-day initiative, offering free calls to all GCC citizens in Saudi Arabia, effective Sunday, 1 March 2026. The move also includes free outgoing calls from Saudi citizens roaming across …

Jafurah Gas Field

1 March 01:35 AM Aramco unveils progress in gas expansion strategy including large regional, global fields

Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) has announced major progress in its ambitious gas expansion strategy, which includes two major fields, according to a press release. The developments included the start of production at …

Saudi Capital Market Awards 2025

1 March 01:10 AM Saudi Tadawul Group unveils details of Saudi Capital Market Awards 2025

Riyadh – Mubasher: Saudi Tadawul Group Holding Company (STG) has announced the launch of the sixth edition of the Saudi Capital Market Awards for the year 2025, which forms a flagship initiative that recognizes excellence, innovation, and …

Aramex

25 February 11:59 AM Aramex rolls out AI-first global data foundation to boost logistics intelligence

UAE - Mubasher: Aramex, a global logistics and transportation provider, has deployed a new AI-first global data foundation to accelerate digital transformation. The platform, built on Google Cloud, introduces a unified ‘Single Source of Truth’ …

Beyon Connect and Mubasher Capital

25 February 01:48 AM Beyon Connect partners with Mubasher Capital to boost digital transformation initiatives

Mubasher: Beyon Connect, part of the Beyon Group, has signed an agreement with Mubasher Capital to adopt EKEY for Business (EKEY-B), Bahrain’s national digital identity authentication and consent-based eKYC platform for the private sector. This …

Emirates Telecommunications Group Company (e&)

24 February 11:22 PM e& Group posts AED 72.8bn revenue in 2025 audited results with dividend recommendation, appoints new CEO

Abu Dhabi – Mubasher: The audited consolidated income statement of Emirates Telecommunications Group Company (e&) indicated an annual leap in net profit after federal royalty and corporate tax to AED 16.15 billion in 2025 when compared with AED …

Board of Directors

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23 February 10:46 AM Marafiq secures regional, global financing for $500m Amiral wastewater treatment project

Riyadh - Mubasher: Power and Water Utility Company for Jubail and Yanbu (Marafiq) has completed the financial closure of the Amiral Industrial Wastewater Treatment and Reuse Project in Jubail Industrial City 2, which is valued at $500 million …

Banking and Finance

Jazeera Airways

23 February 12:36 AM Jazeera Airways introduces option to lower barriers for traveling through agile digital innovation

Mubasher: Jazeera Airways, the low-cost carrier operating worldwide, has become the first Kuwaiti airline to launch deema, the first licensed Buy Now, Pay Later (BNPL) payment solution in Kuwait. This move marks the fastest-ever airline …

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22 February 11:33 PM Mashreq prices $500m additional bond offering; MENA investors represent majority of orderbook

Dubai – Mubasher: Mashreq Bank has successfully priced a $500 million Additional Tier 1 bond offering with a coupon of 6.25% per annum on Thursday, 12 February 2026. The transaction was expected to see competing supply from UAE banks, lined up to …

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22 February 11:30 AM Lumi boosts regional mobility network with new branch in Qassim

Riyadh - Mubasher: Lumi Rental Company has opened its new branch in Qassim to reinforce its regional expansion strategy and respond to rising demand for mobility services in the central Northern region. The launch aims to enhance convenience and …

Companies Investments

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22 February 11:04 AM Emirates NBD expands precious metals offering with branded silver bars

Dubai - Mubasher: Emirates NBD has launched Emirates NBD-branded silver bars, expanding its precious metals portfolio for retail and high-net-worth investors seeking secure access to physical silver. The bars are available in denominations of 100 …

Banking and Finance

Emirates Telecommunications Group Company (e&)

22 February 01:40 AM e& announces updated shareholding in global entity Vodafone

Abu Dhabi – Mubasher: Emirates Telecommunications Group Company (e&) unveiled that its shareholding in the multinational global entity Vodafone Group plc has reached 17.0050%, according to a bourse disclosure. e& noted that the updated …

Lulu Retail Holdings

22 February 01:23 AM Region’s retailer Lulu expands in GCC, targets broader expansion in 2026

Abu Dhabi – Mubasher: Lulu Retail Holdings has inaugurated a new LuLu Express store in the Hessah Al Mubarak District in Kuwait. Being the largest pan-GCC full-line retailer, with presence in Egypt and other countries, Lulu also unveiled plans of …

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22 February 01:04 AM Aldar issues $1bn notes to Apollo in region’s largest corporate hybrid private placement transaction

Abu Dhabi – Mubasher: Aldar Properties has issued $1 billion worth of subordinated hybrid notes to Apollo Global Management through a private placement, building on the transformational growth initiatives of the real estate developer, according to …

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17 February 11:38 AM Orascom Construction’s profits surge 65% in 2025; project awards hit $5.5bn

Cairo - Mubasher: Orascom Construction, listed on both EGX and ADX, logged $195 million in consolidated net profits attributable to shareholders during 2025, higher by 65. 30% year-on-year (YoY) than $118 million. The earnings per share (EPS) …