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26 March 2025 04:16 PM Prices of investment funds including certificates in EGP, USD – Updated
Cairo – Mubasher: According to 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 …
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17 June 2025 07:55 PM Tabreed, Emerge complete solar energy project for UAE’s ministry
Dubai - Mubasher:  The UAE Ministry of Defense teamed up with National Central Cooling Company (Tabreed) and Emerge, a joint venture (JV) between the UAE’s Masdar and France’s EDF Group,  to reinforce its environmental credentials The entities …
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17 June 2025 02:44 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 …
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17 June 2025 01:35 PM 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, …
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17 June 2025 11:52 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 …
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17 June 2025 09:15 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 …
Mohamed Hesham, CEO of ePointZero
17 June 2025 08:44 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 …
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17 June 2025 08:30 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 …
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17 June 2025 08:24 AM Al Messabi to lead ADNOC Drilling’s growth strategy as new CEO
Abu Dhabi – Mubasher: The board members of ADNOC Drilling Company appointed Abdulla Ateya Al Messabi as the new CEO, according to a press release. Al Messabi succeeded Abdulrahman Abdulla Al Seiari, who will retire at the end of 2025 following …
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16 June 2025 01:59 PM Asas Makeen pens SAR 240m development agreement with NHC
Riyadh - Mubasher: Asas Makeen Real Estate Development and Investment Company has signed a SAR 240 million agreement with the National Housing Company (NHC). The project aims to develop the Tali’at Al-Mashraqiyah project in eastern Riyadh, …
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16 June 2025 01:43 PM ProMedEx inks joint deal with Zhende Medical to expand in GCC
Riyadh - Mubasher: Professional Medical Expertise Company (ProMedEx) signed a non-binding memorandum of understanding (MoU) with Zhende Medical Company Limited and MedSurg FZ-LLC to establish a joint factory in Saudi Arabia. The joint venture (JV) …
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16 June 2025 00:00 PM Binghatti Holding launches DIFC asset management firm with $1bn target
UAE – Mubahser: Binghatti Holding Limited has launched a Dubai International Financial Centre (DIFC) based asset management firm, Binghatti Capital, targeting the management of about $1 billion in Shariah-compliant private credit and real estate …
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15 June 2025 04:49 PM Abu Dhabi’s hospitality sector attracts AED 611m revenues in March
Abu Dhabi – Mubasher: Abu Dhabi’s hospitality sector generated AED 611 million in revenue during March 2025, according to preliminary data released by the Department of Culture and Tourism (DCT). Total revenue breakdown includes AED 345 million …
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15 June 2025 02:34 PM SNB to issue USD-denominated Tier 2 capital notes; UAE-listed lenders participate
Riyadh - Mubasher: The Saudi National Bank (SNB) intends to issue USD-denominated Tier 2 capital notes under its Euro Medium Term Note (EMTN) program. The proceeds aim to enhance the bank’s Tier 2 capital and boost its financial as well as …
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15 June 2025 02:03 PM AfDB supports Africa’s largest solar energy project via $184m funding
Cairo – Mubasher: The African Development Bank Group (AfDB) has approved a financing package of up to $184.10 million for Africa’s largest solar energy and battery storage project, according to a press release. The funding will be used to support …
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15 June 2025 11:17 AM AD Ports, Bahrain’s ASRY join forces to support maritime sector in GCC
Abu Dhabi – Mubasher: Abu Dhabi Ports Company (AD Ports) inked three heads of terms (HoTs) with Bahrain-based Arab Shipbuilding and Repair Yard Company (ASRY)for strategic maritime and ports projects. The two parties seek to set up a joint venture …
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15 June 2025 08:47 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 …
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15 June 2025 08:21 AM Agility Global’s unit Tristar inks $255m financing agreement
Abu Dhabi – Mubasher: Tristar, a subsidiary of Agility Global, has penned a new credit facility with several regional and international banks for an amount of $255 million. The facility deal holds a maturity period of 18 months with an extension …
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15 June 2025 07:42 AM G42 expands global footprint via G42 Europe & UK subsidiary in London
UAE – Mubahser: Emirati AI and advanced technology group G42 has a subsidiary in London, G42 Europe & UK, to focus on delivering tailored AI solutions to Europe and the UK's private sector, according to Emirates News Agency (WAM). Co-chaired by …
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15 June 2025 07:05 AM Kumulus Water expands off-grid water tech in Europe, MENA via $3.5m funding
Mubasher: Paris-based climate-tech startup Kumulus Water has raised $3.50 million in a seed round to scale its off-grid water production technology in Europe and the MENA region. The funding transaction was led by Bpifrance via France 2030 SGPI …
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15 June 2025 06:47 AM IHC launches ADGM-based RIQ to redefine global reinsurance landscape
Abu Dhabi – Mubasher: International Holding Company (IHC) has launched Reinsurance Intelligence Quotient (RIQ), the newly named global reinsurance platform based in Abu Dhabi Global Market (ADGM). The new brand supports the objectives of IHC, …
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12 June 2025 09:06 PM Saudia launches direct flights between Riyadh, Vienna to boost global connectivity
Riyadh – Mubasher: Saudia has inaugurated its first direct and scheduled flights from Riyadh to Vienna, the capital of Austria, according to a press release. Launched in collaboration with the Air Connectivity Program (ACP), the strategic route …
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12 June 2025 07:56 PM Asas Makeen to float shares on Nomu next week
Riyadh – Mubasher: Asas Makeen Real Estate Development and Investment Company is scheduled to commence listing its shares on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul) on Monday, 16 June 2025. Asas Makeen will float 1 million …
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12 June 2025 06:37 AM DHL Group fuels regional expansion plans via EUR 500m investments
Mubasher: DHL Group, the world's leading logistics provider, plans to invest more than EUR 500 million in the Middle East, mainly focusing on Saudi Arabia and the UAE, according to a press release. The group aims to inject the investment between …
Founders of Qanooni
12 June 2025 05:44 AM Dubai-based regtech Qanooni closes $2m funding round to drive regional expansion
UAE – Mubasher: Dubai-based legal technology startup Qanooni has raised $2 million in a pre-seed round led by Village Global, Oryx Fund by Salica Investments, TA Ventures, and strategic angels. The startup will utilize the capital to accelerate …