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06 April 11:41 AM

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3 July 2025 02:56 PM Nasdaq-listed DeFi Technologies launches UAE office to expand into MENA
UAE - Mubasher: DeFi Technologies, a financial technology company bridging the gap between traditional capital markets and decentralized finance (DeFi), has launched business in the UAE. The company expanded in the GCC and MENA region with the …
Global Economy
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3 July 2025 01:30 PM Flawless closes $1.5m pre-seed funding to expand business
Riyadh – Mubasher: Flawless, a Saudi digital platform offering AI-powered career guidance, has secured $1.50 million in a pre-seed funding round backed by a group of regional angel investors. The investment will be used to advance the platform’s …
Global Economy
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3 July 2025 10:12 AM BII signs $300m deals to accelerate Egypt’s green projects
Cairo - Mubasher: British International Investment (BII) has penned more agreements with a total value exceeding $300 million to support two major renewable energy projects in Egypt. These projects are a 1.10 gigawatt (GW) Gulf of Suez Wind Farm …
Companies Investments
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3 July 2025 09:11 AM Ninja closes $250m funding, plans IPO on Tadawul by 2027
Riyadh - Mubasher: Saudi q-commerce startup Ninja has raised $250 million in a funding round led by Riyad Capital, reaching a $ 1.50 billion valuation. The fundraising transaction anchors the platform’s status as the Kingdom’s latest tech unicorn, …
Global Economy
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2 July 2025 07:15 PM Oriental Weavers launches world’s 1st phygital carpet retail store in Egypt
Cairo - Mubasher: Oriental Weavers has unveiled the OW Haptech store in Mivida, New Cairo, marking the first-ever phygital carpet retail store globally. The store combines physical product exploration with interactive digital technologies, setting …
Companies Investments
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2 July 2025 05:33 PM Etihad Airways expands global network with 3 new destinations
UAE - Mubasher: Etihad Airways added three new destinations to its network in line with its global expansion strategy, according to a press release. The airline will launch flights to Krakow in Poland during December 2025, Salalah in Oman during …
Companies Investments
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2 July 2025 05:01 PM PetroApp closes $50m fund round to accelerate global expansion; IPO plans unveiled
Riyadh - Mubasher: Saudi digital fuel and fleet management platform PetroApp has concluded a $50 million investment round led by Jadwa Investment through its GCC Diversified Private Equity Fund. Bunat Ventures also participated in the fundraising …
Companies Investments
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2 July 2025 04:24 PM Cityscape Global 2025 to launch in Riyadh in November
Riyadh – Mubasher: Cityscape Global, the largest real estate exhibition, is set to kick off in Riyadh during 17-20 November 2025, according to a press release. Held under the theme ‘The Future of Urban Living’, the event is sponsored by the …
Global Economy
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2 July 2025 03:56 PM Saudi PIF tops GCC funds on Global SWF assessment
Riyadh – Mubasher: Saudi Public Investment Fund (PIF) led the GCC funds, which manage $5.90 trillion in assets, recording a score of 100% this year, according to Global SWF’s governance, sustainability, and resilience (GSR) report. The fund, which …
Global Economy
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2 July 2025 01:34 PM KAPSARC launches 1st brand refresh since 2016
Riyadh - Mubasher: The King Abdullah Petroleum Studies and Research Center (KAPSARC) has announced its first brand rebranding since its establishment in 2016. This marks a pivotal step in the center’s evolution as a leading advisory think tank in …
Companies Investments
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2 July 2025 11:47 AM Crédit Agricole Egypt Foundation drives sustainable development via new brand identity
Cairo - Mubasher: Crédit Agricole Egypt Foundation, the social development arm of Crédit Agricole Egypt, unveiled a rebranding in line with its mission to promote social impact and sustainable development. The new logo reflects the foundation’s …
Banking and Finance
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2 July 2025 10:19 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 as of 1 July …
Macroeconomics
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1 July 2025 02:04 PM Ericsson launches new regional HQ in Riyadh
Riyadh – Mubasher: Ericsson has inaugurated its new regional headquarters (HQ) in Riyadh, supporting its operations across the Middle East and Africa (MEA) region, according to a press release. The event addressed the evolution of network …
Global Economy
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1 July 2025 10:11 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 as of 30 June …
Global Economy
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30 June 2025 07:45 PM Dubai-based Autoworld invests AED 45m in Jafza facility to drive regional growth
Dubai - Mubasher: Autoworld International FZCO, the regional distributor for India’s Bajaj Auto, plans to establish a new logistics and distribution hub in the Jebel Ali Free Zone (Jafza), with total investments of AED 45 million. The …
Companies Investments
Minister of Planning, Economic Development, and International Cooperation Rania El-Mashat
30 June 2025 01:25 PM Egypt’s GDP growth rate accelerates to 3-year high
Cairo – Mubasher: Egypt’s real gross domestic product (GDP) growth accelerated to 4.77% in the third quarter (Q3) of fiscal year (FY) 2024/2025, up from 2.2% in Q3 of FY23/24. Minister of Planning, Economic Development, and International …
Macroeconomics
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30 June 2025 00:27 PM Multiply Group sells PAL Cooling Holding to Tabreed, CVC DIF for AED 3.8bn
Abu Dhabi - Mubasher: Multiply Group entered into an agreement to monetize 100% of its shares in PAL Cooling Holding for a consortium comprising  National Central Cooling Company (Tabreed) and CVC DIF. The transaction, valued at approximately AED …
Global Economy
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30 June 2025 11:14 AM CBE offers EGP 75bn debt instruments on Monday
Cairo – Mubasher: The Central Bank of Egypt (CBE) issued treasury bills (T-bills) at EGP 65 billion through two auctions on Monday, 30 June, according to official data. The first auction was valued at EGP 25 billion and will mature in 91 days on …
Macroeconomics
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30 June 2025 10:45 AM Prices of investment funds including certificates in EGP
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 as of 29 June …
Banking and Finance
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29 June 2025 04:26 PM Valu closes 16th securitized bond issuance at EGP 859m
Cairo – Mubasher: U Consumer Finance (Valu) has closed its 16th securitized bond issuance, valued at EGP 858.90 million, in collaboration with EFG Hermes, an EFG Holding Company. The issuance marks the sixth under Valu’s EGP 16 billion …
Banking and Finance
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29 June 2025 06:44 AM Air Arabia, Saudia announce new routes in Russia
Mubasher: Air Arabia and Saudia have expanded their operations in Russia to enhance global connectivity, according to press releases. The Emirati low-cost airline inaugurated its new route to Sochi with a frequency six weekly flights, marking the …
Companies Investments
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29 June 2025 06:42 AM CBE unveils EGP 80bn T-bills, floating-rate note on Sunday
Cairo – Mubasher: The Central Bank of Egypt (CBE) announced treasury bills (T-bills) valued at EGP 80 billion through two tranches on Sunday, 29 June, according to official data. The first auctions stood at EGP 35 billion and will mature in 182 …
Banking and Finance
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29 June 2025 06:40 AM Italy’s Pronur enters Saudi Arabia to boost energy sector
Riyadh – Mubasher: Italy-based Pronur has launched its business in Saudi Arabia to advance renewable energy solutions across the Kingdom, according to a press release Established in 2021, Pronur works with major local and global entities, …
Global Economy
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29 June 2025 06:38 AM Madinet Masr’s investment platform SAFE attracts EGP 300m since launch
Cairo – Mubasher: Secure Assets for Fixed Earnings(SAFE), the real estate investment platform of Madinet Masr Housing and Development, has handled transactions totaling EGP 300 million in inventory value. SAFE facilitated the sale of more than …
Companies Investments
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29 June 2025 06:36 AM Sakan Developments launches EGP 4.8bn Park-U project in El Shorouk City
Cairo – Mubasher: Sakan Developments has launched its flagship project, Park-U, in El-Shorouk City, with investments exceeding EGP 4.80 billion, according to a press release. The launch is part of the group’s expansion plan aimed at creating …
Companies Investments