Stocks News

Mubasher: Cairo Amman Bank has penned an exclusive cooperation agreement with Network International Jordan to provide the bank with a variety of card and digital payment products. Upon the agreement, the two entities will secure various card …

Riyadh – Mubasher: The Public Investment Fund (PIF) will be purchasing a 23.97% stake in the Capital Bank of Jordan, in a transaction that will increase the lender’s capital by issuing new shares in favour of PIF. The Jordanian bank’s shareholders …

UAE - Mubasher: The Abu Dhabi Exports Office (ADEX), the export-financing arm of the Abu Dhabi Fund for Development (ADFD), has penned a financing agreement with Capital Bank of Jordan. The AED 73.40 million deal aims to reinforce the UAE’s …

UAE - Mubasher: UAE-based DAMAC Group, the parent company of the listed Damac Properties Dubai Copmany, has announced plans to launch its digital products including virtual homes, property, and jewellery in the metaverse world. The group intends …

Abu Dhabi – Mubasher: International Holding Company (IHC) has established a new subsidiary, dubbed Rebound Ltd, to launch Rebound Plastic Exchange as an innovative solution that aims to reduce the world’s plastic pollution. Rebound Plastic …

Mubasher: Aramex has teamed up with Virtuzone to offer logistics and shipping solutions to the members of AMP, an e-commerce startup accelerator programme in the MENA region. Under the partnership, Aramex will provide AMP members with special …

Cairo – Mubasher: Integrated Diagnostics Holdings (IDH) announced that its subsidiary Biolab has been chosen as the preferred bidder by Jordan's Airport International Group (AIG), operating Queen Alia International Airport (QAIA), to offer testing …

Riyadh – Mubasher: Saudi Arabian Oil Company (Saudi Aramco) has increased the September official selling prices (OSPs) for its Arab light crude to $3 per barrel above the Oman/Dubai average for Asia, Reuters reported on Wednesday. The Kingdom has …

Riyadh – Mubasher: Saudi Arabian Oil Company (Saudi Aramco) has refuted the news reporting that it would embark on Bitcoin mining activities, according to a press release on Monday. “Aramco confirms that these claims are completely false and …

Riyadh – Mubasher: Astra Industrial Group said its subsidiary Tabuk Pharmaceutical Manufacturing Company has signed a contract with Moderna to commercialise the latter’s COVID-19 vaccine and future variant-specific booster candidates in Saudi …

Riyadh – Mubasher: Seera Group has entered into a strategic partnership with travel and leisure booking platform Klook to enhance the digital transformation and growth of Saudi Arabia’s tourism sector, according to a press release on Monday. Seera …

Cairo – Mubasher: The European Bank for Reconstruction and Development (EBRD), the OPEC Fund for International Development (the OPEC Fund), the African Development Bank (AfDB), the Green Climate Fund (GCF), and Arab Bank signed a financing package …