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29 September 04:42 AM

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28 September 08:52 PM GCC’s tourism sector records $247.1bn in 2024
Mubasher: The value added by the travel and tourism sector to the gross domestic product (GDP) of the GCC nations increased by 31.90% to $247.10 billion in 2024, when compared to 2019. The sector’s contribution to the region’s GDP is expected to …
Macroeconomics
Najib Khan, Group Chief Business Services Officer at Ooredoo and Ahmed Al Mannai, CEO of Innovatix Systems
28 September 08:18 PM Ooredoo promotes cybersecurity services in MENA to boost global footprint
Mubasher: National Mobile Telecommunications Company (Ooredoo), in partnership with Innovatix Systems, has launched advanced cybersecurity services to protect customers’ digital assets and ensure uninterrupted digital experiences. Live in Qatar, …
Companies Investments
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28 September 12:10 PM AngelAi launches in Saudi Arabia, eyes GCC expansion
Riyadh - Mubasher: AngelAi, the world’s first empathetic AI platform for financial services, has launched in Saudi Arabia, according to a press release. The platform provides the Saudi banks and investors with access to AI-powered growth anchored …
Companies Investments
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28 September 09:51 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 27 …
Mutual Funds
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25 September 07:42 PM Riyadh-based DOO closes $1.7m to expand in GCC region
Riyadh - Mubasher: AI-powered customer experience platform DOO has secured $1.70 million in a funding round led by Merak Capital, with participation from Plus VC and other regional investors. Through the fresh funding, DOO will accelerate product …
Global Economy
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25 September 05:02 PM Taaleem Holdings secures AED 968m financing to support GCC expansion
Dubai - Mubasher: Taaleem Holdings has signed two strategic financing agreements with Emirates Islamic totaling AED 968 million to support its growth and expansion plans. The first agreement, valued at AED 730 million, will fund Taaleem Holdings' …
Companies Investments
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25 September 02:46 PM MNT-Halan launches Egypt’s 1st secured digital lending solution
Cairo - Mubasher: MINT-Halan, MENA’s leading fintech platform, has launched Egypt’s first secured lending solution offered by a non-banking financial institution. The new service will enable customers to instantly access up to 80% of their …
Banking and Finance
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25 September 01:25 PM 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 24 …
Banking and Finance
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25 September 12:17 PM Buttermilk launches Riyadh office to expand regional footprint
Riyadh - Mubasher: Buttermilk, a global creator agency, has launched its first office in Riyadh to expand its Middle East presence and support Saudi Arabia’s fast-growing creator economy. The new hub will be led by Marketing & PR Strategist …
Global Economy
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25 September 07:51 AM PayPal commits $100m to advance digital commerce in MEA
Mubasher: US-based PayPal Holdings plans to invest $100 million across the Middle East and Africa (MEA) to drive innovation, support entrepreneurs, and promote growth in digital commerce. The investment will be deployed through a mix of minority …
Global Economy
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25 September 07:43 AM Space42 to launch UAE’s 1st sovereign mobility cloud
Dubai - Mubasher: Space42 is developing the UAE’s first Sovereign Mobility Cloud, powered by Core42’s Public Cloud on Microsoft Azure. The platform will speed up autonomous mobility deployment while keeping data secure and UAE-compliant, according …
Companies Investments
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24 September 06:39 PM e7 Group, 7I Holding to scale sovereign technology solutions globally
Abu Dhabi - Mubasher: e7 Group has entered into a strategic partnership with 7I Holding, the regional affiliate of Swiss-based SICPA, to expand global reach in secure and sovereign solutions. The collaboration aims to develop and promote sovereign …
Global Economy
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24 September 01:40 PM Presight, Shorooq launch $100m global AI innovation fund
Abu Dhabi - Mubasher: Presight AI Holding and Shorooq Partners have launched a $100 million global AI innovation fund to back next-generation artificial intelligence ventures worldwide. The joint fund will focus on startups in fintech, energy, and …
Companies Investments
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24 September 12:02 PM 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 23 …
Banking and Finance
Basma Berti, VP for Visa Consulting & Analytics, and Nour Taher, Co-Founder and CEO of intella
24 September 10:19 AM Visa, intella partner to deliver Arabic-first conversational AI across MENA
Mubasher: intella, the deep-tech leader in Arabic-first speech intelligence, joined forces with Visa to revolutionize conversational AI for financial institutions across the MENA region, according to a press release. The partnership aims to …
Global Economy
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24 September 09:06 AM HyperPay pens MoUs with Mastercard, Mozn at Money20/20 Middle East
Riyadh – Mubasher: HyperPay, the Saudi payments services provider in the MENA region, signed strategic memorandums of understanding (MoUs) with Mastercard and Mozn at the Money 20/20 Middle East conference. These partnerships are expected to …
Banking and Finance
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24 September 08:22 AM SNB rolls out new SME financing platform via partnership with Tarabut, Geidea
Riyadh - Mubasher: Saudi National Bank (SNB) partnered with Tarabut and Geidea to launch a first-of-its-kind point-of-sale (POS) lending solution for small and medium enterprises (SMEs). Powered by Tarabut and delivered through Geidea, the …
Global Economy
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23 September 06:26 PM Saudi fintech erad raises $33m debt round at Money 20/20 Middle East conference
Riyadh - Mubasher: Saudi fintech erad has closed $33 million in debt financing, led by India’s Stride Ventures with participation from other investors, during the Money 20/20 Middle East conference in Riyadh. The round aims to expand erad’s …
Event
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23 September 12:02 PM 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 22 …
Companies Investments
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23 September 11:26 AM Premium Healthcare unveils EGP 1.5bn regional expansion plans
Cairo - Mubasher: The board of Premium Healthcare Group has approved an expansion plan valued at EGP 1.48 billion, including the establishment of four new companies in Egypt and Kuwait as part of its future strategy. The move will be financed …
Global Economy
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23 September 09:14 AM Arada enters UK market via acquisition of 75% stake in Regal
UAE - Mubasher: Dubai-based master developer Arada has completed the acquisition of a 75% stake in Regal, one of London’s leading residential-led mixed use developers, according to a press release. Arada has also committed an initial GBP 500 …
Companies Investments
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23 September 08:26 AM World Bank inaugurates regional office in Riyadh
Riyadh - Mubasher: The World Bank has opened a new regional hub in Riyadh to serve the Middle East, North Africa, Afghanistan, and Pakistan (MENAAP) region, according to a press release. The Riyadh hub will be co-located with the World Bank …
Global Economy
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22 September 02:22 PM Orascom Construction, OCI Global eye merger to establish global infrastructure, investment platform
Mubasher: OCI Global and Orascom Construction are pursuing a potential merger to establish a global infrastructure and investment platform headquartered in Abu Dhabi. Under the merger, the two entities intend to build a diversified platform …
Global Economy
Rami Suliman and Ahmed Banafa, Founders of Bynow
22 September 10:27 AM Merak Capital invests $1.2m in Bynow to foster regional expansion
Riyadh - Mubasher: Merak Capital has invested $1.20 million in Saudi fintech Bynow to boost product development and regional expansion. The funding will allow Bynow to streamline business-to-business (B2B) payments in line with Saudi Vision 2030 …
Global Economy
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22 September 08:57 AM Saudi P2P lending platform MoneyMoon secures $2.9m pre-series A round
Riyadh - Mubasher: MoneyMoon has closed a $2.90 million (SAR 11 million) pre-series A round led by Core Vision, with backing from family offices and angel investors. The funding will enhance technology, expand access to instant short-term …
Global Economy