Tawasul
Mubasher TV
Contact Us Advertising   العربية

Stocks News

Photo Archive
17 January 09:49 AM GFH to spin out infrastructure, real estate assets under Infracorp
Mubasher: GFH Financial Group will spin out its infrastructure and real estate assets under the recently-launched company Infracorp to boost the growth of sustainable and environmental infrastructure assets across the Gulf and global markets. The …
Photo Archive
12 January 05:48 PM Saudi Paper commences operations of Roots Factory in Kuwait
Riyadh – Mubasher: Saudi Paper Manufacturing Company has started operations of Roots Factory in Kuwait after installing all machines and ending the trial run, according to a bourse disclosure. The company attributed the postponement of commencing …
Photo Archive
3 January 11:46 AM Ekttitab Holding to exit from public facilities management company
Mubasher: The board of Ekttitab Holding has approved the exit from its investments in AI Arabiya for Public Facilities Management Company. Ekttitab will sell its stake in the company in exchange for KWD 2.25 million, according to a bourse filing …
Photo Archive
22 December 2021 02:41 PM Al Salam Group's subsidiary sells equity in Priority Security
Dubai – Mubasher: Al Salam Group Holding's subsidiary, Aldossor International Company for Trading and Construction, has sold 2.2 million shares in Priority Security and Service Holding. Al Tatweer Capital Real Estate Company acquired the sold …
Photo Archive
21 December 2021 09:40 AM National Industries' EGM approves capital increase to KWD 300m
Mubasher: The extraordinary general meeting (EGM) of National Industries Group Holding, listed on the Dubai Financial Market (DFM) and Boursa Kuwait, has approved an increase in the authorised, issued, and paid-up capital to KWD 300 million from …
Photo Archive
14 December 2021 03:54 PM Aramex, Virtuzone to provide regional e-commerce startup programme with solutions
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 …
Photo Archive
14 December 2021 10:27 AM MIS renews SAR 155m facility with NBK
Riyadh – Mubasher: Al Moammar Information Systems Company (MIS) has renewed a Sharia-compliant facility worth SAR 155 million with the National Bank of Kuwait (NBK). Valid until 31 August 2022, the facility aims to finance new project contracts …
Photo Archive
12 December 2021 06:20 PM GFH teams up with Wafra to acquire logistics assets in US
Mubasher: GFH Financial Group, listed on the Dubai Financial Market (DFM), Boursa Kuwait, and Bahrain Bourse, has partnered with Kuwait-Based Wafra International Investment Company to acquire a portfolio of US logistics assets leased to FedEx and …
Photo Archive
30 November 2021 04:58 PM GFH acquires $200m medical offices in US
Mubasher: GFH Financial Group has purchased a portfolio of medical offices in the US in exchange for around $200 million, as part of the company's plan to build a portfolio of stabilised assets. With 11 assets, the medical portfolio spreads across …
Photo Gallery
24 November 2021 05:23 PM NBK launches Kuwait’s 1st digital bank Weyay
Mubasher: The National Bank of Kuwait (NBK) has launched Weyay to be the first fully digital bank in Kuwait to serve the youth in the state. Weyay aims to enhance NBK’s position in digitising banking services, according to a press release on …
MSH covers various segments of the healthcare industry
15 November 2021 01:10 PM GFH acquires 60% stake in UAE's multi-specialty healthcare provider
Mubasher: GFH Financial Group has acquired a 60% stake in the UAE-based Multi-Specialty Healthcare Partner Holding (MSH) in exchange for more than $100 million. With 19 healthcare clinics and two pharmacies across Al Ain, Abu Dhabi, Sharjah, and …
Photo Archive
14 November 2021 05:37 PM Dual-listed Agility achieves jump in Q3, 9M net profits
Mubasher: Agility, the Kuwaiti supply chain services provider that is listed on the Dubai Financial Market (DFM) and Boursa Kuwait, recorded a leap of 5,952.4% in net profits to KWD 926.9 million during the third quarter (Q3) of 2021 from KWD 15.3 …
The company's total income hiked to $270.607 million
14 November 2021 09:40 AM GFH reports 160% higher profits in 9M
Mubasher: GFH Financial Group has recorded a 160.42% increase in net profits attributable to the shareholders to $60.34 million during the first nine months of 2021, compared to $23.167 million in the year-ago period, as shown by the company's  …
The company's revenues decreased to KWD 9.472 million
11 November 2021 10:09 AM Al Mazaya turns to profitability in 9M
Mubasher: Al Mazaya Holding reported net profits attributable to the shareholders of KWD 148,200 during the first nine months of 2021, against net losses of KWD 5.266 million in the same period of 2020, according to the company's unaudited interim …
The portfolio comprises a Class A Life Science office asset
8 November 2021 10:52 AM GFH exits US tech offices portfolio
Mubasher: GFH Financial Group has exited from its US tech offices portfolio, which was acquired in 2019. The portfolio comprises a Class A Life Science office asset in Research Triangle Park in North Carolina, the largest scientific research and …
The portfolio comprises 14 mission-critical logistics warehouses
4 November 2021 09:45 AM GFH acquires $2bn logistics assets in US
Mubasher: GFH Financial Group has acquired a portfolio of Amazon-designated logistics assets in the US at a value of more than $2 billion. Spanning over 11 million square feet, the portfolio comprises 14 mission-critical logistics warehouses, …
The value of the transaction amounts to KWD 2.1 million
2 November 2021 05:16 PM Al Arabiya Real Estate to sell entire stake in Egypt's Sharm Dreams
Mubasher: Al Arabiya Real Estate, listed on Boursa Kuwait, has reached an agreement to sell its entire stake in Egypt's Sharm Dreams for Real Estate Development Co, amounting to 5.47 million shares, for KWD 2.1 million (EGP 110 million).  A total …
The Manama-based firm acquired the 17-story property in Baltimore
31 October 2021 01:12 PM GFH acquires multifamily residential property in US for $90m
Mubasher: GFH Financial Group has boosted its multifamily residential portfolio in the US after acquiring the third asset, a luxury high-rise in Baltimore, Maryland, for $90 million. The deal diversifies the company's US assets and comes amid …
GFH purchased 12.35 million of its treasury shares
27 October 2021 10:58 AM GFH purchases 12m treasury shares on Bahrain Bourse, DFM
Mubasher: GFH Financial Group has purchased 12.35 million of its treasury shares on Bahrain Bourse and Dubai Financial Market (DFM). This acquisition has raised the total holding of treasury shares from 155.156 million shares to 167.506 million …
The company has acquired 9.385 million shares on 24 October
26 October 2021 10:06 AM GFH acquires 19.6m of treasury shares
Mubasher: GFH Financial Group has purchased around 19.6 million shares of its treasury shares on Bahrain Bourse, Dubai Financial Market (DFM), and Boursa Kuwait. The company has acquired 9.385 million shares on 24 October 2021 and 10.2 million …
A co-investment was made in a global healthcare education provider
25 October 2021 10:14 AM GFH partners with Schroders Capital to invest in private equity deals
Mubasher: GFH Financial Group has inked a strategic partnership with Schroders Capital, the private markets investment division of the UK's Schroders, to invest in a number of private equity and venture capital deals. The partnership will enable …
SICO has liquidated the market-making portfolio
24 October 2021 10:38 AM GFH receives CBB's approval for treasury share repurchase
Mubasher: GFH Financial Group has obtained the approval of the Central Bank of Bahrain (CBB) to repurchase treasury shares, which is set to commence from 24 October 2021. This approval came after the ordinary general meeting (OGM) had agreed …
NAS will manage Siginon's businesses
24 October 2021 09:36 AM Agility's unit acquires stake in Kenya-based Siginon Aviation
Mubasher: National Aviation Services (NAS), a subsidiary of Agility Public Warehousing, has acquired a 51% stake in Kenya-based Siginon Aviation in exchange for around $40 million (KWD 12 million). Siginon Aviation is the largest aviation cargo …
GFH will purchase the shares of KHCB through a shares exchange
17 October 2021 11:31 AM GFH announces precondition satisfaction to acquire KHCB
Dubai – Mubasher: GFH Financial Group has announced the satisfaction of preconditions and firm intention to make an offer to acquire up to 100% of the issued and paid-up ordinary shares of  Khaleeji Commercial Bank (KHCB). GFH will purchase the …
The updated ratings reflect the group’s sound liquidity
7 October 2021 08:43 AM CI upgrades GFH's corporate ratings; outlook stable
Dubai – Mubasher: Capital Intelligence Ratings has upgraded the long-term and short-term corporate ratings of GFH Financial Group at 'BB-' and 'B', respectively, with a stable outlook. The updated ratings reflect the group’s sound liquidity, …