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31 May 12:45 PM

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5 October 2025 08:01 AM South Korea’s Rebellions raises $250m series C to fuel regional expansion
Riyadh - Mubasher: South Korea-based Rebellions has raised $250 million in a Series C round at a $1.40 billion valuation, according to a press release. The transaction is backed by Arm, Samsung Ventures, Pegatron VC, Korea Development Bank, …
Companies Investments
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5 October 2025 07:59 AM Valu closes 2nd bond issuance under EGP 10bn securitization program
Cairo - Mubasher: U Consumer Finance (Valu), MENA’s leading fintech platform, completed its 18th securitized bond issuance at EGP 1.09 billion, according to a bourse disclosure. The transaction, executed in cooperation with EFG Hermes, an EFG …
Bonds
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2 October 2025 07:37 AM UPFRONT closes $10m pre-seed funding to back SMBs in MENA
UAE - Mubasher: UPFRONT secured a $10 million pre-seed funding, a mix of equity and debt, to address cash flow inefficiencies holding back small and medium-sized businesses (SMBs) in the MENA region. The round was co-led by Palm Ventures and …
Global Economy
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2 October 2025 07:34 AM Sarwa Securitization closes EGP 1.3bn securitization bond issuance in Q3-25
Cairo - Mubasher: Sarwa Securitisation, the debt capital markets arm of Contact Financial Holding, has completed its 46th securitisation bond issuance, valued at EGP 1.31 billion. The issuance was closed in the third quarter (Q3) of 2025, …
Companies Investments
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2 October 2025 07:29 AM Emirates expands flights to London amid high demand
UAE – Mubasher: Emirates has added six weekly flights to its London Heathrow schedule, starting 26 October 2025, following a record growth and demand in the winter season. The flights will provide more convenience and departure time choices for …
Global Economy
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2 October 2025 07:25 AM CBE auctions EGP 98bn T-bills on Thursday
Cairo – Mubasher: The Central Bank of Egypt (CBE) offered treasury bills (T-bills) at an aggregated value of EGP 98 billion through two auctions on Thursday, 2 October. The first issue hit EGP 38 billion, holding a tenor of 182 days until 7 April …
Treasury Bills
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2 October 2025 07:20 AM Egypt’s residential market attracts $1.4bn in private capital baked by UAE, KSA
Cairo - Mubasher: Egypt’s real estate market drew $1.40 billion in private capital as demand surges, emerging as one of MENA’s fastest-growing markets. The country now ranks third in construction activity after Saudi Arabia and the UAE, according …
Real estate
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1 October 2025 06:31 PM Spinneys enters Southeast Asia market through Ayala’s JV
Dubai - Mubasher: Spinneys formed a joint venture (JV) with Filipino conglomerate Ayala Corporation to open stores in the Philippines, marking its first expansion into Southeast Asia. Under the deal, Ayala will hold a 60% stake in the JV, with …
Global Economy
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1 October 2025 05:13 PM Kuwait returns to global debt markets via $11.2bn bond issue
Mubasher: Kuwait has returned to the international debt capital markets with a landmark $11.25 billion triple-tranche issuance, its first since 2017, according to a press release. The offering attracted overwhelming demand, pricing at some of the …
Global Economy
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1 October 2025 01:00 PM Schneider Electric, Petra Engineering forge partnership to strengthen Saudi Arabia’s data center infrastructure
Riyadh - Mubasher: Schneider Electric, the global leader in the digital transformation of energy management and automation, has signed a strategic partnership with Petra Engineering Industries Company, a leading manufacturer of heating, …
Companies Investments
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1 October 2025 00:49 PM Beyond ONE inaugurates regional office in Saudi Arabia
Mubasher: Beyond ONE has opened a new office in Riyadh, besides a sustainability-driven headquarters (HQ) in Dubai. The move reinforces the company’s commitment to employee wellbeing, inclusivity, and environmental responsibility, according to a …
Global Economy
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1 October 2025 11:41 AM Iliad Partners closes $50m fund to accelerate growth of MENA startups
UAE - Mubasher: UAE-based venture capital firm Iliad Partners announced the second closing of its $50 million Iliad Partners Tech Ventures Fund I, featuring Eurobank, National Bank of Greece, and Piraeus Bank. This marks the first VC investment in …
Global Economy
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1 October 2025 10:31 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 30 …
Banking and Finance
Tamer El Mahdi, Managing Director and CEO of Telecom Egypt
1 October 2025 08:39 AM Telecom Egypt names El-Mahdi as new Managing Director, CEO
Cairo - Mubasher: Telecom Egypt has appointed Tamer El Mahdi as its new Managing Director and CEO, according to a press release. El Mahdi succeeded Mohamed Nasr, who stepped down from his executive role and board membership. As part of his new …
Board of Directors
Ibrahim Anwar and Mohammed Darwish, Founders of Sabika
30 September 2025 04:47 PM Egypt’s Sabika raises funding round to expand gold, silver investment in Gulf
Cairo - Mubasher: Sabika, a Sharia-compliant digital platform for gold and silver investment, secured a USD six-figure strategic investment led by M Empire Angels to support its expansion in Egypt and the Gulf region. The investment will be used …
Global Economy
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30 September 2025 04:24 PM Sukna Capital backs MENA’s tech firms via $50m loans
Riyadh - Mubasher: Sukna Capital has joined global credit manager Partners for Growth (PFG) to offer $50 million in specialty loans to high-growth tech firms and SMEs across Saudi Arabia and the MENA region. The partnership will secure working …
Companies Investments
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30 September 2025 03:59 PM PIF-led alliance to acquire Electronic Arts for $55bn
Riyadh - Mubasher: A consortium comprised of Public Investment Fund (PIF), Silver Lake, and Affinity Partners entered into an agreement to acquire Electronic Arts at an enterprise value of $55 billion. The transaction will enable Electronic Arts, …
Mergers and Acquisitions
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30 September 2025 03:18 PM Tarabut launches regional HQ in Riyadh
Riyadh – Mubasher: MENA’s leading regulated fintech platform Tarabut has inaugurated its regional headquarters (HQ) in Riyadh, according to a press release. The new office promotes Saudi-focused product development and client delivery, anchoring …
Global Economy
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30 September 2025 02:02 PM Careem takes minority stake in Swapp to boost regional car rental services
UAE - Mubasher: Careem has acquired a minority stake in UAE-based digital car rental platform Swapp to expand flexible mobility options in the region, according to a press release. The partnership offers on-demand and subscription car rentals with …
Mergers and Acquisitions
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30 September 2025 01:50 PM BECO Capital closes $370m dual-fund raise to back Gulf founders
Mubasher: BECO Capital has secured $370 million in two new funds, strengthening its capacity to back founders from pre-seed to initial public offering (IPO). Focusing on the UAE and Saudi Arabia, the company plans to expand its full-stack platform …
Initial Public Offerings
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30 September 2025 11:58 AM ADNOC Distribution relaunches Oasis brand with premium non-fuel offerings
Abu Dhabi - Mubasher: ADNOC Distribution has relaunched its Oasis convenience brand with a premium ‘On-the-Gourmet’ concept across 379 locations in the UAE, Egypt, and Saudi Arabia. The refreshed brand, known as Oasis by ADNOC, aims to elevate …
Companies Investments
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30 September 2025 09:46 AM Sadq fuels regional expansion plans via $1m funding round
Riyadh - Mubasher: Saudi digital platform Sadq has secured an additional $1 million pre-series A funding round, led by Impact46, according to a press release. The funding will accelerate the company’s product development and security enhancements, …
Companies Investments
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29 September 2025 04:30 PM Biban Forum 2025 to kick off in Riyadh next November
Riyadh - Mubasher: Saudi Arabia is set to host Biban Forum 2025, the Kingdom’s flagship event for startups, small and medium enterprises (SMEs), and innovators. Organized by the Small and Medium Enterprises General Authority (Monsha’at), the event …
Event
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29 September 2025 03:32 PM Madinet Masr fuels expansion plans via $5m investments
Cairo – Mubasher: Madinet Masr Housing and Development announced plans to establish real estate development projects outside Egypt, according to a bourse disclosure. The group’s board approved injecting investments of nearly $5 million to boost …
Real estate
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29 September 2025 02:09 PM ONE Development enters Egyptian market to expand regional expansion
Cairo - Mubasher: UAE-based ONE Development has officially entered Egypt's real estate market with the launch of DO New Cairo, according to a press release. In partnership with global music icon Amr Diab, the flagship hospitality project’s …
Global Economy