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16 January 04:03 AM

Jordan news

Governata
15 January 10:31 PM Saudi first-of-kind platform Governata secures $4m funding to fuel regional expansion
Riyadh – Mubasher: The first enterprise data management and governance platform Governata has raised $4 million in seed funding to accelerate its expansion across Saudi Arabia and the Middle East, according to a press release. Leading venture …
Companies Investments
PwC Middle East
15 January 09:54 PM PwC Middle East announces Hinton in new leadership position to serve major regional markets
Mubasher: PwC has appointed Laura Hinton as the incoming Middle East Senior Partner, after she has been serving as the Deputy Territory Senior Partner and working closely with the regional leadership team and engaging with clients across the …
Management Decisions
IHC and U.S. Development Finance Corporation (DFC)
15 January 07:48 PM IHC to combine global platform with DFC’s expertise; framework represents crucial step in executing Trump’s vision
Abu Dhabi – Mubasher: International Holding Company (IHC) has entered into a strategic framework with the U.S. International Development Finance Corporation (DFC) enter to mobilize global capital across several segments, according to a press …
Companies Investments
Photo Archive
15 January 06:24 PM Egyptian gov’t unveils partial tranche of EUR 5bn total development financing from EU
Cairo – Mubasher: Rania Al Mashat, Egypt’s Minister of Planning, Economic Development, and International Cooperation, has announced the disbursement of EUR 1 billion in concessional development financing from the European Union (EU), according to …
Macroeconomics
Photo Archive
15 January 02:25 PM Prices of investment funds including certificates in EGP, USD – Update
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 …
Mutual Funds
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14 January 04:57 PM Saudi PIF expands regional, global partnerships via new aluminum complex
Riyadh – Mubasher: The Saudi Public Investment Fund (PIF) and Red Sea Aluminium Holdings (RSAH) signed an agreement to develop an advanced single integrated downstream aluminum complex in Yanbu in western Saudi Arabia. This aligns with PIF’s …
Companies Investments
Photo Archive
14 January 03:31 PM Egypt sets cap on external borrowing at 45% of GDP
Cairo – Mubasher:  Egypt has set a cap on its external borrowing at between 40% and 45% of gross domestic product (GDP), as part of the second edition of the ‘Narrative for Comprehensive Development. The External Debt Management and Borrowing …
Banking and Finance
Photo Gallery
14 January 01:07 PM Jadwa Investment launches SAR 750m GCC-focused private credit fund
Riyadh – Mubasher: Jadwa Investment, a leading investment management and advisory firm in the MENA region, has launched its flagship private credit fund, Jadwa GCC Diversified Private Credit Fund. The fund has a target size of up to SAR 750 …
Global Economy
Photo Archive
14 January 12:47 PM Al Arabia boosts regional expansion via AED 53m deal with Majid Al Futtaim
Riyadh – Mubasher: UAE-based company Al Arabia Out of Home Digital Company inked three contracts valued at AED 53.01 million (SAR 54.13 million) with Majid Al Futtaim Properties Company. Under the deals, the subsidiary of Arabian Contracting …
Companies Investments
Photo Archive
14 January 12:16 PM Prices of investment funds including certificates in EGP, USD
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 …
Global Economy
Adam Bataineh, Founder of Madeed
14 January 11:04 AM Saudi health startup Madeed closes funding round ahead of regional expansion
Riyadh – Mubasher: Saudi preventive health and longevity startup Madeed has secured $400,000 in a pre-seed funding round to scale clinical and laboratory partnerships across the region, according to a press release. The transaction was led by …
Companies Investments
Photo Gallery
14 January 10:24 AM Alta Semper secures $57.5m from EIB, IFC to expand healthcare across Africa
Mubasher: London-based Alta Semper Capital, a private equity firm focused on healthcare and consumer investments in high-growth markets, has secured $57.50 million to support Alta Semper Growth Fund II. It secured the financing from a consortium …
Banking and Finance
Photo Gallery
13 January 06:33 PM PureHealth launches ADHRC to advance global leadership in clinical innovation
Abu Dhabi - Mubasher: PureHealth Holding has launched the Abu Dhabi Health Research Centre (ADHRC) to advance global leadership in clinical innovation, according to a press release. The center is an integrated clinical research division that …
Global Economy
Abdallah Abu-Sheikh, Founder of Mal
13 January 06:04 PM UAE's Mal closes $230m funding round to fuel global expansion
Mubasher: Abu Dhabi-based fintech Mal has raised $230 million in a strategic investment round led by BlueFive Capital, with participation from other investors and family offices. The largest seed round in MEA history aligns with Mal’s mission to …
Global Economy
Photo Gallery
13 January 05:34 PM OpenText launches regional HQ in Riyadh
Riyadh – Mubasher: Canada-based OpenText, a global leader in secure information management for AI, has launched its Middle East regional headquarters in Riyadh, according to a press release. Located in the King Abdullah Financial District (KAFD), …
Global Economy
Photo Archive
13 January 12:55 PM Prices of investment funds including certificates in EGP, USD
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 …
Banking and Finance
Photo Gallery
13 January 11:32 AM FAB teams up with T. Rowe Price to foster investment offerings in GCC
Abu Dhabi – Mubasher: First Abu Dhabi Bank (FAB) has partnered with T. Rowe Price, a leading global asset management firm, to enhance investment offerings across the GCC region, according to a press release. Both sides will integrate their …
Companies Investments
Photo Archive
12 January 06:14 PM FRA to transform EGX into joint-stock company via reginal, global model
Cairo – Mubasher: The Financial Regulatory Authority (FRA) plans to introduce amendments to the Capital Market Law to allow transforming the Egyptian Exchange (EGX) into a joint-stock company in preparation for its initial public offering (IPO). …
Initial Public Offerings
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12 January 02:05 PM HSBC opens asset management branch in UAE, launches 10 offshore funds
UAE - Mubahser: HSBC has launched its new UAE asset management business and the registration of ten new onshore investment funds with the Securities and Commodities Authority (SCA) of the UAE. HSBC Asset Management is one of the first global asset …
Global Economy
Photo Archive
12 January 10:46 AM Prices of investment funds including certificates in EGP, USD
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 …
Banking and Finance
Photo Gallery
12 January 09:29 AM Dar Global, Trump Organization launch $10bn development project in Saudi Arabia
Riyadh - Mubasher: Saudi real estate developer Dar Global DARD.L plans to launch two Trump-branded projects in Riyadh and Jeddah with a combined value of $10 billion, CEO Ziad El Chaar told Reuters. Under the joint announcement made in December …
Companies Investments
Photo Archive
11 January 06:02 PM Prices of investment funds including certificates in EGP, USD
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 …
Global Economy
Photo Gallery
11 January 09:40 AM Aldar prices $1bn hybrid notes to accelerate regional strategy
Abu Dhabi - Mubasher: Aldar Properties priced its $1 billion subordinated dated hybrid notes to accelerate the growth strategy, according to a press release. The transaction attracted robust demand from a global institutional investor base, …
Global Economy
Photo Gallery
11 January 09:10 AM Barq Group, Elroy Air to build Chaparral manufacturing JV at $200m
UAE - Mubahser: MENA-focused Barq Group, a leader in smart mobility and logistics solutions, and US-based Elroy Air signed an agreement to establish a joint venture (JV), with investment totaling $200 million. Both parties will join forces to …
Global Economy
Photo Archive
8 January 07:21 PM SABIC exits assets in Europe for $950m
Riyadh - Mubasher: Saudi Basic Industries Corporation (SABIC) inked two strategic transactions to divest its European Petrochemicals (EP) business to AEQUITA and its Engineering Thermoplastics (ETP) business in the Americas and Europe to MUTARES. …
Companies Investments