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GFH raises stake in GB Corp for $2m

Mubasher: GFH Financial Group has raised its stake in the investment company GB Corp to 62.91% from 50.41% through strategic swaps worth $1.7 million. The transaction will have a positive impact on GFH's financials, according to a bourse filing on …
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Egypt to host 1st edition of Africa Health ExCon
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Ithmaar Holding's profits down 87% in Q1-22
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GFH's profits up 18.5% in Q1-22
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GFH acquires stake in US-based SQ Company
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Dubai's VARA launches Metaverse headquarters in The Sandbox
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GFH raises stake in GB Corp for $2m Companies Investments
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Egypt to host 1st edition of Africa Health ExCon Event
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Ithmaar Holding's profits down 87% in Q1-22 Financial Results
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GFH's profits up 18.5% in Q1-22 Financial Results
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GFH acquires stake in US-based SQ Company Mergers and Acquisitions
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Dubai's VARA launches Metaverse headquarters in The Sandbox Macroeconomics
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Arab Bank Group posts $166m profits in Q1-22 Financial Results
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MeetsMeta to launch 1st virtual city in UAE Companies Investments
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LG Electronics' sales hit $17.53bn in Q1-22 Financial Results
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Moody's revises GCC banking sector outlook to stable Banking and Finance
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Mubasher Exclusive
Fady Azzouny, Founder and CEO of Vetwork
Startup Lounge: Vetwork is currently raising round to further build technology, expand – Azzouny Global Economy
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Startup Lounge: Paymob is planning to expand in MENA – Islam Shawky Global Economy
Hesham Safwat - CEO of Jumia Egypt
Startup Lounge: COVID-19 impacted positively on growth of digital services – Hesham Safwat Global Economy
Nahdet El-Mahrousa Business Incubator
Startup Lounge: Egypt seeing entrepreneurship boom - Nahdet El-Mahrousa Global Economy
Nihal El-Chami, Head of Programme and Marketing at Falak Startups
Startup Lounge: More VC investors now interested in Africa, Middle East – Nihal El-Chami Macroeconomics
The Egyptian market accounts for 10-15% of Mrsool's total operations
Mrsool eyes expansion in Africa via Egypt, listing on an Arab stock exchange Companies Investments
The Hajj season this year will witness a digitised journey from start to finish
How pilgrims benefit from digitisation when performing Hajj Macroeconomics
Ahmed El-Alfi, Chairman of Sawari Ventures
Startup Lounge: Tech offers great opportunities for success – Interview with Ahmed El-Alfi Banking and Finance
Ahmed El-Alfi, Chairman of Sawari Ventures
Startup Lounge: High growth requires taking risks – Interview with Ahmed El-Alfi Macroeconomics
Roberto Croci, Microsoft for Startups MEA’s Managing Director
Startup Lounge: Pandemic enabled tech solutions for business continuity - Roberto Croci Companies Investments
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Islamic Finance
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Saudi flynas obtains SAR 844m Murabaha financing Companies Investments
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Bahri plans to issue SAR-denominated Sukuk Sukuk and Islamic Finance
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SAIB plans full redemption of SAR 285m Sukuk Sukuk and Islamic Finance
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Nasdaq Dubai announces listing of IsDB’s $1.6bn Sukuk Sukuk and Islamic Finance
Dar Al Takaful, Watania’s shareholders approve merger Mergers and Acquisitions
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SEC plans redemption of SAR 5.73bn Sukuk Management Decisions
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Dar Alarkan redeems $500m Sukuk Sukuk and Islamic Finance
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SEC completes redemption of $1.25bn Sukuk Sukuk and Islamic Finance
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GFH's unit issues $900m green Sukuk Sukuk and Islamic Finance
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SAIB plans to issue SAR-denominated Sukuk programme Sukuk and Islamic Finance
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Arab Markets
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UAE's non-oil foreign trade nears AED 500bn in Q1-22 Sector Reports
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UAE opens region’s 1st waste-to-energy plant Macroeconomics
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Dubai-based Coinmarketpedia secures $2m in funding round Companies Investments
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Retal sets price range for IPO on Tadawul Companies Investments
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East Pipes' Chairman, Vice Chairman resign Corporate Actions
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Jadwa REIT Saudi Fund’s unitholders to receive SAR 37m dividends for Q1-22 Cash Dividends
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Buruj Cooperative appoints new Chairman, Vice Chairman Corporate Actions
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Raydan Food’s accumulated losses hit 48% of capital Financial Results
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Jabal Omar’s losses shrink 47% in Q1-22 interim results; accumulated losses near SAR 1.5bn Financial Results
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SADAFCO's board proposes 30% dividend distribution Board of Directors
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International Markets
Gold demand declines in Q1 due to ETF outflows
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