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05 February 04:36 PM
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Fromer Honeywell official joins Lenovo as Country Manager for Saudi Arabia

Riyadh – Mubasher: Lenovo has appointed Abdullah Bahanshal as the new Country Manager for Saudi Arabia within Lenovo Infrastructure Solutions Group (ISG). Bahanshal comes to Lenovo ISG from Honeywell, where he worked as the Country Sales Leader …
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Tadawul ends Sunday’s trading session in red zone
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Perfect Presentation secures SAR 50m loan from GIB
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Alwasail pens SAR 300m contract with SABIC
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Al Yamamah Steel turns to SAR 42m losses in Q1-22/23 initial results
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Bank Albilad’s profits exceed SAR 2bn in 2022
KSA Arab Global Commodities
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Fromer Honeywell official joins Lenovo as Country Manager for Saudi Arabia Management Decisions
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Tadawul ends Sunday’s trading session in red zone Trading Activities
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Perfect Presentation secures SAR 50m loan from GIB Companies Investments
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Alwasail pens SAR 300m contract with SABIC Companies Investments
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Al Yamamah Steel turns to SAR 42m losses in Q1-22/23 initial results Financial Results
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Bank Albilad’s profits exceed SAR 2bn in 2022 Banking and Finance
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Xpence plans to expand into at least 3 new strategic markets – Interview with CEO Ansari Global Economy
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Tadawul closes Thursday’s session with negative note Trading Activities
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Air Arabia Egypt introduces new route to Saudi Arabia Companies Investments
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Bena Steel plans to trade 12% of shares on Nomu Companies Investments
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Mubasher Exclusive
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Xpence plans to expand into at least 3 new strategic markets – Interview with CEO Ansari Global Economy
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Saudi parallel market Nomu sees IPO momentum in 2023 Trading Activities
PaySky Founder and CEO, Waleed Sadek
Investments of award-winning PaySky in Egypt cross EGP 100m – Interview Global Economy
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Ecolab's business volume in Egypt, MENA hits $200m - Interview International Agreements
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Egypt’s Dentacarts eyes $10m funding round for Saudi expansion Companies Investments
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Egypt agrees to launch Egyptian-Qatari Business Forum early next year - Sources Global Economy
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Oman Technology Fund invests $50m in MENA - Al Balushi Mutual Funds
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Higher oil prices reinforce Gulf’s economic growth in 2023 – UBS’ Bolliger Commodities
Fady Azzouny, Founder and CEO of Vetwork
Startup Lounge: Vetwork is currently raising round to further build technology, expand – Azzouny Companies Investments
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Startup Lounge: Paymob is planning to expand in MENA – Islam Shawky Companies Investments
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Islamic Finance
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Cenomi Centers unveils over SAR 4bn Sukuk programme Companies Investments
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Scientific & Medical Equipment House pens Islamic loan deal with Alinma Bank Companies Investments
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SAIB announces redemption, raising value of Tier 1 Capital Sukuk Sukuk and Islamic Finance
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Hilwa plans to issue SAR-denominated Sukuk Corporate Actions
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Nama Chemicals secures SAR 90m loans from Riyad Bank, NBK Banking and Finance
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Al Babtain Power secures SAR 200m loan from Banque Saudi Fransi Companies Investments
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DIB prices $750m from inaugural sustainable Sukuk Banking and Finance
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Al Rajhi Bank raises SAR 10bn from Tier 1 Sukuk offering Banking and Finance
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Riyad Bank secures SAR 3.75bn from Additional Tier 1 capital Sukuk offering Banking and Finance
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SNB raises SAR 3.3bn in Additional Tier 1 Sukuk offering Banking and Finance
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Arab Markets
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Fromer Honeywell official joins Lenovo as Country Manager for Saudi Arabia Management Decisions
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Spinalex posts 152% higher profits in H1-22/23 Financial Results
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Tadawul ends Sunday’s trading session in red zone Trading Activities
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Perfect Presentation secures SAR 50m loan from GIB Banking and Finance
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Alwasail pens SAR 300m contract with SABIC Companies Investments
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e& ups shareholding in Vodafone to 13% Mergers and Acquisitions
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Egypt’s fintech MNT-Halan secures $400m financing at $1bn valuation Companies Investments
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Al Yamamah Steel turns to SAR 42m losses in Q1-22/23 initial results Financial Results
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RAK White Cement’s profits fall in 2022 initial financials Financial Results
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NCTH’s profits shrink 49% in 2022 initial results Financial Results
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International Markets
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